Columbus, Georgia

Exhibit A

MINUTES OF THE MEETING OF THE

DEVELOPMENT AUTHORITY OF COLUMBUS GEORGIA

May 5, 2005



MEMBERS PRESENT

Billy Blanchard, Dick Ellis, Bob Gilson, Stella Shulman, Allen Taber, Fernando

Verdree, Jimmy Yancey



MEMBERS ABSENT

none



ALSO PRESENT

Averett Davis, Mike Gaymon, Becca Hardin, Isaiah Hugley, Joe Johnson, Dayton

Preston, Joe Sanders, Brian Sillitto, Ed Sprouse, Katherine Kelly



Bob Gilson, Chairman, noting that a quorum was present and proper notice had

been given in accordance with the requirements of Georgia law, called the May

5, 2005 meeting to order.



MINUTES

Upon motion made by Fernando Verdree and seconded by Dick Ellis, the Authority

unanimously approved the minutes of the April 14, 2005 meeting hereto attached

as Exhibit ?A?.



FINANCIAL REPORT

Fernando Verdree reviewed the financial information. Upon motion made by Jimmy

Yancey and seconded by Stella Shulman, the Authority unanimously approved the

April 2005 Financial Report which is attached hereto as Exhibit ?B. Fernando

Verdree will report in June on the status of paying down the Miller loan.



ECONOMIC DEVELOPMENT UPDATE ? Becca Hardin reported that there are 16 active

projects with one of these being a mega-project and 4 are possible expansions.

ICForm, Inc announced it is locating in the Cargo Drive KPG Building. Mike

Gaymon and Becca Hardin visited 5 companies in Germany including H-K and Bayer

which has invested over $2M this year. They talked about the trip. The

Eastern Connector is well underway.



PROPERTY

1. A company wants to use a 2.1-acre parcel for a 7,000 sq ft building;

therefore, it is requesting a variance to the covenants. Upon motion made by

Dick Ellis and seconded by Fernando Verdree, the Authority unanimously approved

a variance of Section 4.1 of the CEIP Covenants which requires a minimum of 3

acres for Voice Link only.

2. Bids for construction of Osceola Drive will be let this week.



OLD BUSINESS

none



NEW BUSINESS

none



LEGAL ISSUES

1. Upon motion made by Dick Ellis and seconded by Jimmy Yancey, the Authority

approved the Bond Resolution in the amount of $5,000,000 for the Columbus Park

East, LLC Project in the form hereto attached as Exhibit ?C ? with Billy

Blanchard and Stella Shulman abstaining.

2. Upon motion made by Jimmy Yancey and seconded by Stella Shulman, the

Authority approved the Bond Resolution in the amount of $2,000,000 for the CEDC

ICForm, Inc Project in the form hereto attached as Exhibit ?D? with Billy

Blanchard and Allen Taber abstaining.

3. Upon motion made by Jimmy Yancey and seconded Dick Ellis, the Authority

unanimously approved the Renewal of Letter of Credit for River Town Ford

Project in the form hereto attached as Exhibit ?E? with Billy Blanchard

abstaining.



OTHER ISSUES

The drive for the KPG building should start within the next 2 to 3 weeks.





There being no further business to come before the Authority, the meeting was

adjourned by Bob Gilson, the chair.



By:_____________________________

J. Edward Sprouse, Secretary



Approved by:



____________________________________

Robert M. Gilson, Jr., Chair