Exhibit A
MINUTES OF THE MEETING OF THE
DEVELOPMENT AUTHORITY OF COLUMBUS GEORGIA
February 1, 2007
MEMBERS PRESENT
Carmen Cavezza, Dick Ellis, Bob Gilson, Stella Shulman, Allen Taber Fernando
Verdree
MEMBERS ABSENT: Billy Blanchard
ALSO PRESENT
Steve Adams, David Arrington, Richard Bishop, Mike Gaymon, Robbie Green, Becca
Hardin, Isaiah Hugley, Joe Johnson, Gary Jones, Seiko Kabumoto, Bob Poydasheff,
Dayton Preston, Joe Sanders, Brian Sillitto, Ed Sprouse, Clint Taylor, Jim
Wetherington, Chuck Williams, 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
February 1, 2007 meeting to order.
MINUTES
Upon motion made by Allen Taber and seconded by Dick Ellis, the Authority
unanimously approved the minutes of the January 4, 2007 meeting hereto attached
as Exhibit ?A?.
FINANCIAL REPORT
Fernando Verdree noted that reclassified land acquisition of property. Upon
motion made by Stella Shulman and seconded by Allen Taber, the Authority
unanimously approved the January 2007 Financial Report which is attached hereto
as Exhibit ?B?.
ECONOMIC DEVELOPMENT UPDATE
Becca Hardin reported that there will be an announcement soon. There should be
two additional announcements during the first quarter of 2007. Currently there
are 20 active projects. Gary is working with defense contractor projects.
There are active projects for the region in Harris County, Muscogee County,
Talbot County, Taylor County and cities of Phenix City and West Point. There
have been 6 prospect visits and 8 initial inquiries. Work continues with Team
Georgia on Kia suppliers. It is expected that the Kia suppliers will be
identified by the end of February. There is a copy of the presentation
(Exhibit ?C?) that Becca made before the joint meeting of the Georgia House and
Senate economic development meeting in which she presented 3 scenarios of
projects. We will be more proactive with defense contractors. The Authority
members agreed that there is a need for a local task force of some Authority
members to look at recruiting defense contractors. Other items of interest are
the new website, Governor Perdue presented Aflac the ?big check? at the recent
OneGeorgia Authority Board meeting, Valley Partnership annual meeting, ED team
2007 strategy planning session.
PROPERTY
Dayton Preston reported that both the MTP spec and Pace buildings are clean.
Joe Johnson reported on the status of the Eastern Connector project. It is
expected that the rights of way will be purchased by summer.
NEW BUSINESS
None
LEGAL ISSUES
Upon motion made by Dick Ellis and seconded Carmen Cavezza, the Authority
unanimously approved the Inducement Resolution in the amount of $24,000,000 for
the Place Properties project to develop 168 multi-family units at Oxbow Meadows
in the form attached hereto as Exhibit ?D?.
Upon motion made by Dick Ellis and seconded by Stella Shulman, the Authority
unanimously approved and authorized the execution and delivery of Agreements
pursuant t o which the Authority will lease the Depot from CARI and then
sublease a portion of the Depot back to CARI and sublease a portion of the
Depot to the Chamber of Commerce in the form attached hereto as Exhibit ?E?.
Upon motion made by Dick Ellis and seconded by Allen Taber, the Authority
approved the Bond Resolution for Foundation Properties for the Art and Theatre
Project in the amount of $6,700,000 for repayment of expenses incurred in the
form attached hereto as Exhibit ?F? and designating J. Edward Sprouse on behalf
of the Authority as the hearing officer for the TEFRA Hearing. Carmen Cavezza
abstained.
OLD BUSINESS
Dick Ellis reported that four concepts have been designed and will be presented
by Robbie Whyte. She gave a presentation of the 4 concepts. One concept is to
be selected to be used at all parks. A question and answer period followed.
It was pointed out that Bill Duck needs to be kept informed of developments.
The selected concept also needs to be incorporated into the Mutec Drive
development. The subcommittee was charged with looking at the possibility of
using one name to refer to both CEIP and CRIP.
Joe Sanders introduced Steve Adams with CB&T who has replaced Averett Davis.
There being no further business, the meeting was adjourned.
By:_____________________________
Rebecca Brown Hardin, Secretary
Approved by:
____________________________________
Robert M. Gilson, Jr., Chair
Attachments
No attachments for this document.