BRUNSWICK AND GLYNN COUNTY
DEVELOPMENT AUTHORITY
MINUTES – October 27, 2014
Chamber Large Board Room
11:30 AM
BOARD MEMBERS PRESENT
BRUCE DIXON
MEL BAXTER
CEDRIC KING
SUSAN EASTIN
MISSY NEU
BOARD MEMBERS ABSENT
OTHERS PRESENT
CHUCK SCRAGG, STAFF
DAVE SMITH, STAFF
SHERRI PRUITT, STAFF
REES SUMERFORD, COUNSEL
ROD SAWALL, GICA
ROB BURR, GCAC
TERRA WINSLETT, GCAC
JULIE MARTIN, CITY COMMISSION
BILL BRUNSON, COUNTY COMMISSION ELECT
JEFF JONES, REPRESENTATIVE ELECT
WOODY WOODSIDE, BRUNSWICK-GLYNN CHAMBER
KEITH CRUSAN, ST. SIMONS BANK AND TRUST
BILL AUSTIN, REFRESHING VIEWPOINTS
SHAUNTIA LEWIS, GOODWILL
MONICA SMITH, CITIZEN
LINDSEY ADKISON, BRUNSWICK NEWS
I. CALL TO ORDER –Chairman Bruce Dixon
II. INVOCATION & WELCOME GUESTS – Dave Smith gave the invocation and Chairman Bruce Dixon welcomed Rob Burr and Terra Winslett of the Glynn County Airport Commission, Representative Elect Jeff Jones, Woody Woodside of Brunswick-Glynn Chamber, Commissioner Elect Bill Brunson, City Commissioner Julie Martin, Keith Crusan of St. Simons Bank and Trust, Rod Sawall of GICA, Bill Austin of Refreshing Viewpoints, Shauntia Lewis of Goodwill, Monica Smith, and Lindsey Adkison of the Brunswick News.
III. PUBLIC COMMENT –Chairman Bruce Dixon invited public comments from the guests. There we no public comments.
IV. GCAC
A. Executive Director Report – Rob Burr gave an update to the Board of various events at the GCAC.
V. APPROVAL OF MINUTES
A. Approve Minutes for September 22, 2014
A MOTION was made by Cedric King, seconded by Mel Baxter and passed unanimously to approve the September 22, 2014 Meeting Minutes.
VI. FINANCIALS
A. Approve Financials – September 2014 – Mr. Smith reviewed the September 2014 financial statements. He reported that the cash portion of the balance sheet reflects the on-going drawdown of funds from the Gulfstream loan proceeds as construction of the new MRO Hangar continues. He also reported that the Authority is currently up to date with funding received from the County. All other revenues and expenditures to date this year are typical and near budgeted levels. Dave Smith reported that the Darden September payment in-lieu of taxes for their restaurant was received and then submitted to the Board of Education for 2014. Dave Smith reported that the remaining cost of due diligence (i.e., the preparation of a pad-ready site) has been reimbursed to Gulfstream who used their contractor to prepare the site. The Share-the-Future fund balance at the end of September was slightly over $405,000.
A MOTION was made by Susan Eastin, seconded by Cedric Kings and passed unanimously to approve the September 2014 financials.
VII. DIRECTOR’S REPORT
A. New Business Recruitment – Chuck Scragg reported on the business recruitment and noted several companies are inquiring on the former Innovative Foam Building. He will keep the Board apprised of the progress.
B. Retention and Expansion Update – John Scott updated the Board on the progress of retention and expansion with current businesses.
John Scott completed a total of 36 industry visits with a possibility of 10 expansion projects in the next two years.
John Scott reported on the GEDA retreat in Atlanta as well as taking on the Chairman position of Retention and Expansion for GEDA next year.
John Scott reported that the final Roundtable meeting will be held November 4th and the Industry Appreciation Tour on November 19th.
VIII. OLD BUSINESS
A. McGladrey Classic Report – Chuck Scragg reported that the Authority completed its 5th Annual Golden Opportunity Tour during the McGladrey Classic with good contacts and better relations with State Project Managers, Site Consultants and potential business expansion prospects in attendance. Chuck Scragg reported on the sizeable turnout for Gretchen Corbin, Deputy Commissioner of DCA, as the keynote speaker for the Biscuits and Business on Friday morning. Georgia Power has already committed to cosponsoring next year with the Authority for the 6th Annual Golden Opportunity Tour.
B. Coastal Business Institute Request for 2015 – Chairman Bruce Dixon opened the discussion for the request for funding the Coastal Business Institute for a second time. After discussion the board came to an agreement in support of funding through June fiscal year with funding coming from a grant elsewhere subsequently.
A MOTION was made by Cedric King, seconded by Mel Baxter and passed unanimously to approve funding not to exceed $10,000 as presented.
IX. NEW BUSINESS
A. Landscaping at Industrial Parks – John Scott reported on the work that will be done at the industrial parks to tidy up and maintain the area. The total costs will be $450.00 and will be completed by the end of the week.
B. Inducement Resolution on Airport Infrastructure Improvements – Chuck Scragg reviewed the inducement resolution on airport infrastructure improvements. Chuck Scragg reported that Stambaugh is committed to adding 100 jobs if the Authority agrees to improve the infrastructure. The inducement resolution would be to issue revenue bonds for the purpose of financing the costs associated with certain expansions, additions and improvement to the Brunswick Golden Isles Airport owned by the County and leased to the Authority.
A MOTION was made by Cedric King, seconded by Susan Eastin and passed unanimously to approve the Inducement Resolution on airport infrastructure improvements in an amount not to exceed Ten Million Dollars ($10,000,000) as presented.
C. Consideration for Funding the Design Plan for the Airport, up to $500,000 – Chuck Scragg reviewed the request for consideration for funding the design plan for the Brunswick Golden Isles Airport, up to $500,000. The funding for the airport would be in lieu of a spec building as previously discussed.
A MOTION was made by Mel Baxter, seconded by Cedric King and passed unanimously to approve funding for the design plan for the airport in an amount not to exceed Five Hundred Thousand Dollars ($500,000) as presented.
X. CHAIRMAN’S ITEMS
Rod Sawall reported on his GICA and Georgia Charter School Association Board training. Rod Sawall reported that the Candlelight Carnival at Sea Palms is complete and GICA is now working on their 3-5 year strategic planning. There are currently 521 students enrolled in GICA.
XI. IMPORTANT DATES
A. Development Authority Board Meeting – 11:30, Monday, December 8th, 2014
XII. LEGAL
A. Closed Session – Purchase and Sales of Real Estate, Personnel, Potential Litigation
A MOTION to go into Closed Session for the purpose of discussing the Purchase and Sale of Real Estate, Personnel and Potential Litigation was made by Mel Baxter, seconded by Susan Eastin and passed unanimously.
A MOTION to return to Open Session was made by Cedric King, seconded by Mel Baxter and passed unanimously. The Board invited guests to join the Board upon returning to Open Session.
XIII. ADJOURN
A MOTION to adjourn was made by Missy Neu, seconded by Susan Eastin and passed unanimously.
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Approved Board Meeting Submitted by:
Attachments may be viewed in the Minutes Book at the Brunswick and Glynn County Development Authority office at 4 Glynn Avenue.