Exhibit A
MINUTES OF THE MEETING OF THE
DEVELOPMENT AUTHORITY OF COLUMBUS GEORGIA
January 4, 2007
MEMBERS PRESENT
Billy Blanchard, Carmen Cavezza, Dick Ellis, Bob Gilson, Stella Shulman, Allen
Taber Fernando Verdree
MEMBERS ABSENT: none
ALSO PRESENT
David Arrington, Mike Gaymon, Becca Hardin, Isaiah Hugley, Gary Jones, Dayton
Preston, Joe Sanders, Brian Sillitto, Ed Sprouse, Janeen Tucker, 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
January 4, 2007 meeting to order.
MINUTES
Upon motion made by Dick Ellis and seconded by Stella Shulman, the Authority
unanimously approved the minutes of the December 7, 2006 meeting hereto
attached as Exhibit ?A?.
FINANCIAL REPORT
Upon motion made by Allen Taber and seconded by Carmen Cavezza, the Authority
unanimously approved the December 2006 Financial Report which is attached
hereto as Exhibit ?B?.
Bob Gilson recognized Mayor Jim Wetherington and welcomed him to the meeting.
ECONOMIC DEVELOPMENT UPDATE
Becca Hardin gave a review of projects. The 2006 bottom line is about 3500
jobs and $1.3B in capital investment including the Kia project which is in the
Valley Partnership region. She presented the video prepared for Aflac about
its project.
PROPERTY
Dayton Preston reported that future needs will be for building space with
growth at Fort Benning and for office space. The Mutec Drive improvements
continue. Isaiah Hugley and David Arrington have been extremely helpful with
this project as with all projects. Two important projects are the Mutec Drive
and completion of the Eastern Connector.
OLD BUSINESS
Dick Ellis reported that the committee is to meet with Robbie Whyte. It is
expected that a concept will be presented at the February meeting of the
Authority. The subcommittee is looking at signage at the parks and signage on
the highways to get people to the parks.
NEW BUSINESS
None
LEGAL ISSUES
Denim North America LLC closed $3.843M bond on the acquisition of looms which
also saved about 100 jobs from Swift Galey.
The Aflac Projects Phase I and II for $80M bond closed by end of year.
Columbus Park Crossing Project for $27.5M bond also closed by end of year.
Foundation Properties considering using bond financing for the drama center
which is a $14M facility.
Mike Gaymon reminder the Board members of the proposed lease of the Chamber
facility to get federal funding for repairs. It is hoped that documents will
be ready for the February meeting.
Bob Gilson congratulated Stella Shulman on being the 2007 Chair of the Chamber
Board and Carmen Cavezza on being the 2007 Chair of the Valley Partnership
Joint Development Authority.
There being no further business, the meeting was adjourned.
By:_____________________________
Rebecca Brown Hardin, Secretary
Approved by:
____________________________________
Robert M. Gilson, Jr., Chair
Attachments
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