Exhibit A
MINUTES OF THE MEETING OF THE
DEVELOPMENT AUTHORITY OF COLUMBUS GEORGIA
January 8, 2009
MEMBERS PRESENT
Billy Blanchard, Dick Ellis, Stella Shulman, Allen Taber, Fernando Verdree,
Jimmy Yancey
MEMBERS ABSENT
Carmen Cavezza
ALSO PRESENT
Steve Adams, Mike Gaymon, Becca Hardin, Joe Johnson, Gary Jones, Bob
Poydasheff, Dayton Preston, Erin Shuler, Brian Sillitto, Ed Sprouse, Clint
Taylor, Katherine Kelly
Dick Ellis, Chairman, noting that a quorum was present and proper notice had
been given in accordance with the requirements of Georgia law, called the
January 8, 2009 meeting to order.
MINUTES
Upon motion made by Allen Taber and seconded by Fernando Verdree, the Authority
unanimously approved the minutes of the December 4, 2008 meeting hereto
attached as Exhibit ?A?. Upon motion made by Allen Taber and seconded by Billy
Blanchard, the Authority unanimously approved the minutes of the December 11,,
2008 meeting hereto attached as part of Exhibit ?A?.
FINANCIAL REPORT
Fernando Verdree presented the report. Upon motion made by Billy Blanchard and
seconded by Stella Shulman, the Authority unanimously approved the December
2008 Financial Report which is attached hereto as Exhibit ?B?.
ECONOMIC DEVELOPMENT
Becca Hardin gave a review of several activities which included highlights of
2008, the trip to Spain, the presentation made to City Council and the results
of the Existing Business Survey. The responses made by council members were
positive. Gary Jones presented an update on RAMP. The consulting group has
been chosen. A total of 1200 acres are involved in the study. The new CG is
aware of the study. The Army has to do EIS first.
PROPERTYMANAGEMENT
Dayton Preston reported that all the Phase 1 signs are installed but
landscaping is still to be done.
COMMITTEE UPDATES
Property Committee ? Stella Shulman reported the committee is focusing on
defense industries first, updating maps, and determining what would be needed
to include Russell and Pace buildings in the FTZ. Discussions on the FLBP
include (1) will future expansion be needed, (2) development costs, timing and
infrastructure, (3) what would be needed for phase II road. Corporate Ridge
Business Park companies are meeting January 29th and will be updated on the
Mutec Drive project which is ready to be let. Notification has been received
from DCA that all of MTP is in the low census tract.
Finance Committee ? Jimmy Yancey reported there are several objectives ? (1)
audit done quicker, (2) better forecast of budget, and (3) better clarity of
monies received from various sources.
Incentives Committee ? Billy Blanchard reported that the consultants and
committee members met with the tax assessors personnel. The consultants have
prepared a rough draft of a model and policies. The draft should be received
by the committee next week.
OLD BUSINESS
none
NEW BUSINESS
none
LEGAL ISSUES
Ed Sprouse distributed a listing of the bonds which closed in 2008 and those
that were induced but not closed in 2008.
Upon motion made by Fernando Verdree and seconded by Billy Blanchard, the
members unanimously voted to move into executive session to discuss litigation
issues.
Upon motion made by Billy Blanchard and seconded by Fernando Verdree, the
members unanimously voted to come out of executive session.
Upon motion made by Jimmy Yancey and seconded by Billy Blanchard, the members
unanimously authorized retaining a law firm if needed for litigation.
There being no further business, the meeting was adjourned.
By:_____________________________
Rebecca Brown Hardin, Secretary
Approved by:
____________________________________
P. Richard Ellis, Chair
Attachments
No attachments for this document.