Columbus, Georgia

Georgia's First Consolidated Government

Post Office Box 1340
Columbus, Georgia, 31902-1340
(706) 653-4013
fax (706) 653-4016

Council Members

Exhibit A

MINUTES OF THE MEETING OF THE

DEVELOPMENT AUTHORITY OF COLUMBUS GEORGIA

September 7, 2006



MEMBERS PRESENT

Billy Blanchard, Carmen Cavezza, Dick Ellis, Bob Gilson, Stella Shulman, Allen

Taber, Fernando Verdree



ALSO PRESENT

David Arrington, Averett Davis, Mike Gaymon, Becca Hardin, Rick Jones and son,

Rob McKenna, Joe Sanders,



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

August 3, 2006 meeting to order.



Rick Jones presented the status of the street and road improvements in the Fall

Line Business Centre area. Several options are being looked at for exiting off

the Erikson development property. Everyone has been talked with except the

Authority about PCI property for roadway. The City will build the road. There

was a discussion about the options. Rick Jones is asking to go forward with

discussions if there are no objections with the Authority. The Authority

requested that PCI be kept informed of the impact on its property. He will

also keep the Authority informed of developments.



MINUTES

Upon motion made by Dick Ellis and seconded by Stella Shulman, the Authority

unanimously approved the minutes of the August 3, 2006 meeting hereto attached

as Exhibit ?A?.



FINANCIAL REPORT

The in/out flow will be monitored over the next several months. Upon motion

made by Allen Taber and seconded by Billy Blanchard, the Authority unanimously

approved the July 2006 Financial Report which is attached hereto as Exhibit ?B?.



OLD BUSINESS

Dick Ellis reported the Signage Subcommittee of Billy Blanchard, Fernando

Verdree, and Dick Ellis met with Joe Johnson and Ed Burdeshaw in May. They met

with a consultant. The idea was to look at uniform signage for all 6 parks,

entrances and exits at parks and signage into the city. Robbie Whyte of

Whyte-Kerner Environmental Graphics & Design submitted a proposal for

consideration. She introduced her company to the members and spoke about what

signage really says to people about you. She also reviewed numerous projects

the company has done. This item will be on the agenda for the October

meeting. The proposal will be sent to all members.



NEW BUSINESS



ECONOMIC DEVELOPMENT UPDATE ? Becca Hardin pointed out the highlights from her

report. Dynaweld Trailers is renting the Morton Machining Works building.

There are 13 active projects. Craig Lesser will be here September 15th. A

team of State project managers visited specifically looking at spec buildings.

The Lockwood Greene team will make a presentation to the community on September

28th at 10am at Columbus Technical College. Becca will be traveling back to

Korea on a State of Georgia visit to target market companies specially

identified as possible suppliers by Mr. Ahn. Wane Waggoner has given the

Chamber a SUV. The OneGeorgia application for Aflac project is being worked

on. Alfac expects to have Phase I completed by June 2007. The ?scoreboard? of

announcements for 2006 in member packets as Exhibit D.



PROPERTY

Pace is vacating property and the Authority has insurance coverage for 12

months.



LEGAL ISSUES

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

unanimously approved an Inducement Resolution in the amount of $14,000,000 for

Cessna Aircraft Company Project in the form attached hereto as Exhibit ?E.?

Upon motion made by Allen Taber and seconded by Billy Blanchard, the Authority

unanimously approved an Inducement Resolution in the amount of $9,000,000 for

the AFCO Lodges Project in the form attached hereto as Exhibit ?F?.

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

unanimously approved the Bond Resolution in the amount of $75,000,000 for the

Columbus Park Crossing South Project.

David Arrington reported on the schedule of road improvements in the area of

Columbus Park Crossing.

Dave Erikson wants a quit claim deed to part of property in FLBC and wants the

Authority to rezone the access easement. The Authority is not sure it owns

this property and if it does not then no action is needed. Rob McKenna will

check the deed when purchased FLBC and determine who owns the property.

Discussion took place about the matter.



Upon motion made by Fernando Verdree and seconded by Dick Ellis and unanimously

adopted, the Authority was called into Executive Session to discuss litigation

matters.



The Authority was called out of Executive Session with no actions to be

reported.



There being no further business, the meeting was adjourned.



By:_____________________________

J. Edward Sprouse, Secretary



Approved by:



____________________________________

Robert M. Gilson, Jr., Chair

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