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

February 9, 2006



MEMBERS PRESENT

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

Verdree, Jimmy Yancey



MEMBERS ABSENT



ALSO PRESENT

Becca Hardin, Dayton Preston, 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

February 9, 2006 meeting to order.



LEGAL ISSUES

Upon motion made by Jimmy Yancey and seconded by Fernando Verdree, the

Authority approved a Supplemental Resolution for Foundation Properties

On-campus Project with $140,000 in taxable bonds and $9,040,000 as a tax exempt

portion authorizing the sale of the bonds to Synovus Securities and authorizing

the execution of a certificate obligating the Authority to continue to disclose

to the underwriter any changes in the form attached hereto as Exhibit ?A?.

Billy Blanchard abstained from voting.





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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