Exhibit A
MINUTES OF THE MEETING OF THE
DEVELOPMENT AUTHORITY OF COLUMBUS GEORGIA
June 21, 2007
MEMBERS PRESENT
Billy Blanchard, Dick Ellis, Bob Gilson, Allen Taber, Fernando Verdree
MEMBERS ABSENT: Carmen Cavezza, Stella Shulman
ALSO PRESENT
Steve Allen, Becca Hardin, Dayton Preston, Brian Sillitto, Ed Sprouse, Jim
Wetherington, 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 July
21, 2007 meeting to order.
LEGAL ISSUES
1. Upon motion made by Billy Blanchard and seconded by Dick Ellis, the
Authority approved the Bond Resolution for Place Properties Oxbow Meadows
Project with the qualification that the Authority does not take ownership of
the property until it has been approved by all environmental agencies to the
satisfaction of the City and the Authority is released of any environmental
liability.
2. Upon motion made by Dick Ellis and seconded by Fernando Verdree, the
Authority unanimously approved the Bond Resolution for the Cessna Aircraft
Project in the amount of $24,000,000.
3. Upon motion made by Dick Ellis and seconded by Billy Blanchard, the
Authority unanimously approved a Quit Claim Deed from Russell Corporation for a
turning lane on Chattsworth Court in the form attached hereto as Exhibit ?A?.
4. Upon motion made by Fernando Verdree and seconded by Allen Taber, the
Authority unanimously approved a Quit Claim Deed authorizing the reconveyance
of property back to Georgia Crown.
5. Upon motion made by Allen Taber and seconded by Billy Blanchard, the
Authority unanimously approved the reassignment of the Leasehold Interest for
Columbus Park Crossing as changed. (see June 12, 2007 Minutes)
There is still a need to get an evaluation of the economic benefits of hotels,
multifamily housing, motels, and commercial projects from Columbus State
University or maybe Georgia Tech.
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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