BRUNSWICK AND GLYNN COUNTY DEVELOPMENT AUTHORITY

CALLED MINUTES – April 11, 2018 at 9:30 AM
Chamber Small Board Room

BOARD MEMBE RS PRESENT
PAULO ALBUQUERQUE
JACK KILGORE
WAYNE JOHNSON
BILL AUSTIN
JONES HOOKS

BOARD MEMBERS ABSENT

OTHERS PRESENT
MEL BAXTER, STAFF
JOHN SCOTT, STAFF
JOAN HEARN, STAFF
SHERRI PRUITT, STAFF
REES SUMERFORD, COUNSEL
TRAVIS STEGALL, ECONOMIC AND COMMUNITY DEVELOPMENT
MATTHEW HILL, DOWNTOWN DEVELOPMENT AUTHORITY
DAVID LEWIS, SBA

I. CALL TO ORDER
Chairman Paulo Albuquerque called the meeting to order at 9:30am.
II. INVOCATION, PLEDGE OF ALLEGIANCE & WELCOME GUESTS
Mel Baxter gave invocation and Chairman Paulo Albuquerque welcomed guests.
III. ACCEPT AGENDA
A MOTION was made by Bill Austin, seconded by Wayne Johnson and passed unanimously to amend the agenda to add EXECUTIVE SESSION Discussion of Personnel OCGA Section §50-14-3(b)(2). The MOTION carried unanimously: 5-0
IV. NEW BUSINESS
A. Share the Future (STF) and Revolving Loan Fund (RLF) Proposals for Approval
John Scott reviewed the following STF and RLF for the Boards approval:
Grace Graffiti, $3,000 STF Grant
A MOTION was made by Wayne Johnson, seconded by Bill Austin and passed unanimously to approve the $3,000 grant as presented. The MOTION carried unanimously: 5-0
Dot & Army, $3,000 STF Grant
A MOTION was made by Bill Austin, seconded by Wayne Johnson and passed unanimously to approve the $3,000 grant as presented. The MOTION carried unanimously: 5-0
One Love Organics, $50,000 STF Grant
A MOTION was made by Wayne Johnson, seconded by Jones Hooks and passed unanimously to approve $50,000 grant with $24,000 toward moving in new building and $36,000 for capital investment as presented. The MOTION carried unanimously: 5-0
Sage and Larder, $15,000 STF Grant
The Board requested additional information to include incentive agreement, sales, capital investment and STF policy before making a decision. John Scott will present additional information requested at the May board meeting.
Strong Roots Provisions, $70,000 RLF
John Scott presented to the board the RLF request to the Board with David Lewis, Matthew Hill and Travis Stegall all speaking in support of the loan. A MOTION was made by Jones Hooks, seconded by Bill Austin and passed unanimously to recommend approval of the $70,000 RLF which will be forwarded to the Glynn County Finance Committee for further consideration. The MOTION carried unanimously: 5-0
V. EXECUTIVE SESSION
A. Closed Session – Discussion of Personnel OCGA Section §50-14-3(b)(2)

A MOTION was made by Bill Austin and seconded by Wayne Johnson to enter into Closed Session to discuss Personnel. The MOTION carried unanimously: 5-0.
A MOTION to return to Open Session was made by Bill Austin and seconded by Jack Kilgore. The MOTION carried unanimously: 5-0.

Returned to Open Session

VI. ADJOURN
A MOTION to adjourn was made by Jack Kilgore and seconded by Bill Austin. The MOTION carried unanimously: 5-0. The meeting adjourned at 11:10.

__________________ _____________
Chairman Paulo Albuquerque

Attest:

__________________________
Sherri Pruitt
Office Coordinator/ Brunswick and Glynn County Development Authority

Attachments may be viewed on our website or in the Minutes Book at the Brunswick and Glynn County Development Authority office at 1505 Richmond Street, Brunswick, Ga 31520.