Columbus, Georgia

MINUTES OF THE MEETING OF THE

DEVELOPMENT AUTHORITY OF COLUMBUS GEORGIA

May 23, 2002



MEMBERS PRESENT

Stephen Butler, Dick Ellis, Allen Taber, Fernando Verdree



MEMBERS ABSENT

Bob Gilson, Debbie Lane, Jimmy Yancey



ALSO PRESENT

Rick Alexander, Richard Bishop, Billy Blanchard, Mike Gaymon, Biff Hadden, Bob

Poydasheff, Dayton Preston, Ed Sprouse; Robert Teem, Chuck Williams, George

Woodruff, Katherine Kelly



Steve Butler, Vice Chairman, noting that a quorum was present and proper notice

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

May 23, 2002 meeting to order.



Steve Butler announced that the purpose of this called meeting is to finalize

the request for needed funds by the Authority to the City Council at its

Tuesday Work Session. He reviewed the charge of the Authority. The Authority

has got to have an effective plan in order to compete and be aggressive in

attracting new companies and help local companies to expand. The Authority has

contracted with the Columbus Chamber of Commerce to provide economic

development services to the Authority.



Comments were made by members and others in attendance.



The document identifies as ?Priority Needs 2002-2003? was presented which sets

forth the needs of the Authority. It was pointed out that the list is based on

the current estimate of needs and should not be viewed as requiring the

specific expenditures in the order shown. Flexibility is necessary since needs

might change. This is a guideline not a line-item budget. The proposal is for

annual funding through a millage rate of 0.25 mills from the City to the

Development Authority for economic development.



Upon motion made by Allen Taber and seconded by Dick Ellis, the Authority

unanimously approved the Resolution in the form attached hereto as Exhibit ?A?

requesting City Council to designate 0.25 mills annually to the Development

Authority of Columbus, Georgia for economic development. It was decided that

Steve Butler would make the presentation to the City Council.



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

adjourned.





By:_____________________________

J. Edward Sprouse, Secretary

Approved by:



____________________________________

Stephen Butler, Vice Chair