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The Industrial Development Authority
of Russell County, Virginia
Agenda Packet
Thursday, June 9, 2016
Bonanza Family Restaurant
5:00 P.M.
The Industrial Development Authority
of Russell County, Virginia
Agenda Packet
Thursday, June 9, 2016
Bonanza Family Restaurant
5:00 P.M.
Virginia Code
Closed Sessions 2.2-3711

Personnel
Acquisition/Sale of Property
Privacy of Individuals
Prospective Business
Legal

Virginia Code
Closed Sessions 2.2-3711
nv py
Personnel
Acquisition/Sale of Property
Privacy of Individuals
Prospective Business
Legal
June 9, 2016
AGENDA
The Industrial Development Authority of Russell County Virginia will hold its regular
monthly meeting on June 9, 2016, at Bonanza Family Restaurant, Main Street, Lebanon,
Virginia, and beginning at 5:00 PM.


Call to Order


Roll Call


Welcome Guests


Amend Agenda for Business not on Agenda


Approval of  Minutes


Approval of Financial and Treasurer’s Report


Reorganization – Election of Officers


Daycare Facility – Suzanne Potts (Page A1-A17)


VCEDA Loan Extension (Page A18-A22)


DSS Lease Discussion


Shell Building Marketing Contract Update


Attorney’s Report


Committee Reports


Old Business


New Business


Closed Session as permitted by Virginia Code #2.2-3711


Adjourn Meeting


Attachments
a. Discovery Daycare Documents (Page A1 – A17)
b. VECEDA Loan Extension (Page A18 – A22)
June 9, 2016
AGENDA
The Industrial Development Authority of Russell County Virginia will hold its regular
monthly meeting on June 9, 2016, at Bonanza Family Restaurant, Main Street, Lebanon,
Virginia, and beginning at 5:00 PM.
Call to Order
Roll Call
Welcome Guests
Amend Agenda for Business not on Agenda
Approval of Minutes
Approval of Financial and Treasurer’s Report
Reorganization — Election of Officers
Daycare Facility — Suzanne Potts (Page A1-A17)
VCEDA Loan Extension (Page A18-A22)
DSS Lease Discussion
. Shell Building Marketing Contract Update
Attorney’s Report
. Committee Reports
Old Business
. New Business
Closed Session as permitted by Virginia Code #2.2-3711
. Adjourn Meeting
Attachments
a. Discovery Daycare Documents (Page Al — A17)
b. VECEDA Loan Extension (Page A18 — A22)
May 12 2016
The Regular monthly meeting of the Industrial Development Authority of
Russell County, Virginia was held on  May 12, 2016, at the Bonanza Family
Restaurant, Main Street, Lebanon, Virginia, and beginning at 5:00 P.M.
MEMBERS

PRESENT:    Tony Dodi, Chairman
Roger Sword, Vice Chairman
J. C. Boyd, Member
Scott Gilmer, Member
Mike Hincher, Member
Sam Whited, Member
Mike Duty, Member
STAFF:  Carlton Elliott, Financial Officer

Ben Chafin, Attorney
ABSENT:  Tom Cook, Member
Becki Joyce, Member
The Chairman called the meeting to order at 5:13 P.M.
Secretary called the roll and recorded the roll call.
APPROVAL OF MINUTES
Upon motion made by Roger Sword, second by J.C. Boyd and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve the minutes of April 14th meeting as presented.
The vote was:
Yea:  R. Sword, J. Boyd, S. Gilmer, M. Hincher, M. Duty, S. Whited
Nay: None
Absent: T. Cook, B. Joyce
May 12 2016
The Regular monthly meeting of the Industrial Development Authority of
Russell County, Virginia was held on May 12, 2016, at the Bonanza Family
Restaurant, Main Street, Lebanon, Virginia, and beginning at 5:00 P.M.
MEMBERS
PRESENT: Tony Dodi, Chairman
Roger Sword, Vice Chairman
J.C. Boyd, Member
Scott Gilmer, Member
Mike Hincher, Member
Sam Whited, Member
Mike Duty, Member
STAFF: Carlton Elliott, Financial Officer
Ben Chafin, Attorney
ABSENT: Tom Cook, Member
Becki Joyce, Member
The Chairman called the meeting to order at 5:13 P.M.
Secretary called the roll and recorded the roll call.
APPROVAL OF MINUTES
Upon motion made by Roger Sword, second by J.C. Boyd and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve the minutes of April 14" meeting as presented.
The vote was:
Yea: R. Sword, J. Boyd, S. Gilmer, M. Hincher, M. Duty, S. Whited
Nay: None
Absent: T. Cook, B. Joyce
Page 2
May 12, 2016
FINANCIAL REPORT
Financial report was presented by Carlton Elliott
Upon motion made by J.C. Boyd, second by Mike Duty, and duly approved
by the Industrial Development Authority of Russell County, Virginia to approve
the Financial Report of April 14, 2016 as presented and to pay all bills as
presented.
The vote was:
Yea:  R. Sword, J. Boyd, S. Gilmer, M. Hincher, M. Duty, S. Whited
Nay: None
Absent: T. Cook, B. Joyce
LEBANON INN
The VCEDA loan payments on the hotel are to be based on net profit.
Lebanon Inn is asking this basis to be after tax liability. The IDA is of the opinion
the net profit should not include tax expense.  The agreement is between Lebanon
Inn and VCEDA, therefore the IDA took no action at this time.
NEWMARK CONTRACT ON SHELL BUILDING
The attorney presented a draft of the contract with Tommy Turner of
Newmark in regards to marketing the shell building.  The draft included a flat fee
commission of $75,000.00 or with a build-out max commission of $99,998.00.
ATTORNEY’S REPORT
No Report
COMMITTEE REPORT
No Report
CLOSED SESSION
Upon motion made by Scott Gilmer, second by J.C. Boyd and duly approved
by the Industrial Development Authority of Russell County, Virginia to go into
Closed Session as permitted by, VA Code#2.2-3711 (3) Property (5) Prospective
new business that has not been previously announced, VA Code 2.2-3711 (7)
Legal.
Page 2
May 12, 2016
FINANCIAL REPORT
Financial report was presented by Carlton Elliott
Upon motion made by J.C. Boyd, second by Mike Duty, and duly approved
by the Industrial Development Authority of Russell County, Virginia to approve
the Financial Report of April 14, 2016 as presented and to pay all bills as
presented.
The vote was:
Yea: R. Sword, J. Boyd, S. Gilmer, M. Hincher, M. Duty, S. Whited
Nay: None
Absent: T. Cook, B. Joyce
LEBANON INN.
The VCEDA loan payments on the hotel are to be based on net profit.
Lebanon Inn is asking this basis to be after tax liability. The IDA is of the opinion
the net profit should not include tax expense. The agreement is between Lebanon
Inn and VCEDA, therefore the IDA took no action at this time.
NEWMARK CONTRACT ON SHELL BUILDING
The attorney presented a draft of the contract with Tommy Turner of
Newmark in regards to marketing the shell building. The draft included a flat fee
commission of $75,000.00 or with a build-out max commission of $99,998.00.
ATTORNEY’S REPORT
No Report
COMMITTEE REPORT
No Report
CLOSED SESSION
Upon motion made by Scott Gilmer, second by J.C. Boyd and duly approved
by the Industrial Development Authority of Russell County, Virginia to go into
Closed Session as permitted by, VA Code#2.2-3711 (3) Property (5) Prospective
new business that has not been previously announced, VA Code 2.2-3711 (7)
Legal.
Page 3
May 12, 2016
The vote was:
Yea:  R. Sword, J. Boyd, S. Gilmer, M. Hincher, M. Duty, S. Whited
Nay: None
Absent: T. Cook, B. Joyce
RECONVENE TO PUBLIC SESSION
Upon motion made by Jay Boyd, second by Mike Duty, and duly approved
by The Industrial Development Authority of Russell County, Virginia, the
Chairman called the meeting back into regular session and requested the
“Certification Motion after reconvening in Public Session”.
The vote was:
Yea:  R. Sword, J. Boyd, S. Gilmer, M. Hincher, M. Duty, S. Whited
Nay: None
Absent: T. Cook, B. Joyce
CERTIFICATION AFTER RECONVENING IN PUBLIC SESSION
The Industrial Development Authority of Russell County, Virginia hereby
certifies that, in the closed session just concluded, nothing was discussed except
the matter or matters (1) specifically identified in the motion to convene in closed
session and (2) lawfully permitted to be so discussed under the provision of the
Virginia Freedom of Information Act cited in that motion.
The Roll Vote Was:
J. C. Boyd  Yes   Mike Hincher Yes
Tom Cook  Absent  Becki Joyce  Absent
Tony Dodi  Yes   Roger Sword Yes
Mike Duty  Yes   Sam Whited  Yes
Scott Gilmer Yes
ACTION FROM CLOSED SESSION
Upon motion made by J.C. Boyd, second by Mike Duty, and duly approved
by the Industrial Development Authority of Russell County, Virginia authorizing
the attorney and Chairman to proceed with the contract negotiation with Tommy
Turner of Newmark to market the shell building at $1.5 million dollars. Any
further changes to the contract will be approved by a phone call vote of the IDA.
Page 3
May 12, 2016
The vote was:
Yea: R. Sword, J. Boyd, S. Gilmer, M. Hincher, M. Duty, S. Whited
Nay: None
Absent: T. Cook, B. Joyce
RECONVENE TO PUBLIC SESSION
Upon motion made by Jay Boyd, second by Mike Duty, and duly approved
by The Industrial Development Authority of Russell County, Virginia, the
Chairman called the meeting back into regular session and requested the
“Certification Motion after reconvening in Public Session”.
The vote was:
Yea: R. Sword, J. Boyd, S. Gilmer, M. Hincher, M. Duty, S. Whited
Nay: None
Absent: T, Cook, B. Joyce
CERTIFICATION AFTER RECONVENING IN PUBLIC SESSION
The Industrial Development Authority of Russell County, Virginia hereby
certifies that, in the closed session just concluded, nothing was discussed except
the matter or matters (1) specifically identified in the motion to convene in closed
session and (2) lawfully permitted to be so discussed under the provision of the
Virginia Freedom of Information Act cited in that motion.
The Roll Vote Was:
J.C. Boyd Yes Mike Hincher Yes
Tom Cook Absent Becki Joyce Absent
Tony Dodi Yes Roger Sword Yes
Mike Duty Yes Sam Whited Yes
Scott Gilmer Yes
ACTION FROM CLOSED SESSION
Upon motion made by J.C. Boyd, second by Mike Duty, and duly approved
by the Industrial Development Authority of Russell County, Virginia authorizing
the attorney and Chairman to proceed with the contract negotiation with Tommy
Turner of Newmark to market the shell building at $1.5 million dollars. Any
further changes to the contract will be approved by a phone call vote of the IDA.
Page 4
May 12, 2016
The vote was:
Yea:  R. Sword, J. Boyd, S. Gilmer, M. Hincher, M. Duty, S. Whited
Nay: None
Absent: T. Cook, B. Joyce
ADJOURNMENT
Upon motion made by Mike Hincher, second by Mike Duty, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
adjourn this meeting at 7:56 P.M.
The vote was:
Yea:  R. Sword, J. Boyd, S. Gilmer, M. Hincher, M. Duty, S. Whited
Nay: None
Absent: T. Cook, B. Joyce
Page 4
May 12, 2016
The vote was:
Yea: R. Sword, J. Boyd, S. Gilmer, M. Hincher, M. Duty, S. Whited
Nay: None
Absent: T. Cook, B. Joyce
ADJOURNMENT
Upon motion made by Mike Hincher, second by Mike Duty, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
adjourn this meeting at 7:56 P.M.
The vote was:
Yea: R. Sword, J. Boyd, S. Gilmer, M. Hincher, M. Duty, S. Whited
Nay: None
Absent: T, Cook, B. Joyce
Invoice May 30, 2016
Russell County IDA
PO Box 2378
Lebanon, VA 24266
Bookkeeping Service
Postage Agenda Packages
Total
Carlton Elliott
Carlton Elliott
PO Box 1396
Lebanon, VA 24266
$750.00
16.25
$766.25
Government Center Rents Collected
Date Description [Amount
6/2/2016|Dmme 5104.50
6/2/2016|VA Coal 1441.85
6/2/2016] WIB 740.00}
7286.35]
Invoice #: 00015058
Date: 5/23/16
Hil
Page: 1
249 De Lee Drive
Kingsport, TN 37663 -
Phone: 423-239-5431 Ship To:
Fax: 423-239-9733 Industrial Development Authority of Russell Co
PO. Box 1150
Honaker, VA 24260
Description
Amount Tx
RCH16003, URL renewal, one year, RussellCountyIDA.org $2000 x
Your Order # Sales Tax: $0.00
Total Amount: $2000
Shipping Date:
‘Terms: Net 15 days from date of invoice. A Finance charge of 1.5% per month Amount Applied: $0.00
is charged on past due invoices.
Balance Due: $20.00
Bill To:
Industrial Development Authority of Russell Co
PO. Box 1150
Honaker, VA 24260
| SUSANS CLEANING SERVICE
2.26) WARNER SUB-DIVISION RD
s LEBANON VA. 23266
Ohme AMOUNT:
“Cleaning MAY dole
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A. Benton Chafin, Jr.
Attorney at Law
CHAFIN LAW FIRM, P.C.
44 East Main Street
Post Office Box 1210
Lebanon, Virginia 24266
M. Katherine Patton
Attorney at Law
Pho

889-0143

F;
Website: http:/www.chafinlaw.com
Russell County Industrial
Development Authority
c/o Nelson A. Dodi
P.O. 2378
Lebanon, VA 24266
May 24, 2016
RE: _ Billing from April 21, 2016 through May 24, 2016
Dear Tony:
Enclosed please find a statement for services rendered from April 21, 2016
through May 20, 2016, in the amount of $775.00.
“Note: Billing may not be complete through the date listed above.
PLEASE PAY THIS AMOUNT:
LS__775.00
If you have any questions, please do not hesitate to contact me.
By:
Encl. (As noted)
Word/IDA/Cover Letter for 04-21-16 ~ 05-24-16 Billing
Very truly yours,
CHAFIN LAW FIRM, P.C.
| WurtonChabenDy. and
A. BENTON CHAFIN,§R) 7 QC)
BILLING FOR
RUSSELL COUNTY IDA
(APRIL 21, 2016 THROUGH May 24, 2016)
DSS Building 2054. $ 25.00
General File 92-G-2054 $ 350.00
Lebanon Inn 11-G-2054.53 $ 100 .00
Newmark Grubb Shell Building 15-K-2054.66 $ 300.00
TOTAL $ 775.00
Word/IDA/Breakdown for April 21,2016 through May 24, 2016 Billing
Chafin Law Firm, P.C.
44 East Main Street
P.O. Box 1210
Lebanon, VA 24266
Telephone: 276-889-0143
Fax: 276-889-1121
May 24, 2016
RUSSELL COUNTY INDUST. DEVELOPMENT Invoice No. 33766
DEVELOPMENT AUTHORITY
NELSON A. DODI, CHAIRMAN
P.O, BOX 2378
LEBANON, VA. 24266
Client Number: 05-G-2054.36 IDA.DSS BUILDING
Matter Number: 05-G-2054.36 IDA.DSS Building
For Services Rendered Through 5/24/2016.
Fees
Date Timekeeper Description Hours — Amount
5/5/2016 ABC Letter to Patrick Brunty, Director, RCDSS 0.20 $25.00
Billable Hours / Fees: 0.20 $25.00
Flat Charge Hours / Fees:
Timekeeper Summary
Timekeeper ABC worked 0.20 hours at $125.00 per hour, totaling $25.00.
Payment Detail
Date Amount
5/18/2016 Check Number 5381 ($300.00)
Total Payments Received: — ($300.00)
Continued On Next Page
Client Number:
Matter Number:
05-G-2054.36
05-G-2054.36
Current Invoice Summary
Prior Balance: $ 300.00
Payments Received: ($300.00)
Unpaid Prior Balance: ———§ 0,00
25.00
$0.00
TOTAL AMOUNT DUE: 333,09"
Thank You for Letting Us Serve You.
Payment Due Upon Receipt.
Last Payment: 5/18/2016
5/24/2016
Page:
2
Chafin Law Firm, P.C.
44 East Main Street
P.O. Box 1210
Lebanon, VA 24266
Telephone: 276-889-0143
Fax: 276-889-1121
May 20, 2016
RUSSELL COUNTY INDUST, DEVELOPMENT Invoice No, 33674
DEVELOPMENT AUTHORITY
C/O NELSON ANTHONY DODI
P.O, BOX 2378
LEBANON, VA 24266
Client Number: 92-G-20S4. IDA.GENERAL FILE
Matter Number: 92-G-2054 IDA.General File
For Services Rendered Through 5/20/2016,
Fees
Date Description Hours Amount
5/2/2016 ABC Meeting with Tony Dodi and Jonathan Belcher 0.70 $87.50
5/02016 ABC Review Agenda for May Meeting 0.30 $37.50
5122016 ABC Phone call to‘Attomey General’s Office 0.20 $25.00
51272016 ABC May monthly meeting 0.00 $200.00
Billable Hours / Fees: 120 $150.00
Flat Charge Hours / Fees: $200.00
Timekeeper Summary
Timekeeper ABC worked 1.20 hours at $125.00 per hour, totaling $150.00.
‘Timekeeper ABC - flat charges totaling $200.00,
Payment Detail
Deseription Amount
5/20/2016 Check Number 5381 ($225.00)
5/20/2016 Check Number 5381 ($30.00)
Total Payments Received: ($255.00)
Continued On Next Page
Client Number:
Matter Number:
92-G-2054
92-G-2054
Current Invoice Summary
Prior Balance: $255.00
Payments Received: ($255.00)
Unpaid Prior Balance: sp."
Current Fees: $350.00
Advanced Costs: $0.00
TOTAL AMOUNT DUE: 3350.00
‘Thank You for Letting Us Serve You
Payment Due Upon Receipt.
Last Payment: 5/20/2016
5/20/2016
Page:
2
Chafin Law Firm, P.C.
44 East Main Street
P.O. Box 1210
Lebanon, VA 24266
Telephone: 276-889-0143
Fax: 276-889-1121
May 24, 2016
RUSSELL COUNTY INDUST, DEVELOPMENT Invoice No, 33768
NELSON A. DODI, CHAIRMAN
P.O. BOX 2378
LEBANON, VA 24266
Client Number: 11-G-2054,53 IDA.LEBANON INN, LLC
Matter Number: | 1-G-2054,53 IDA.Lebanon Inn, LLC.General file
For Services Rendered Through 5/24/2016.
Fees
Date ‘Timekeeper Description Hours Amount
5/9/2016 ABC. Phone conference with Jamie Oliver and letter 0.80 $100.00
tohim
Billable Hours / Fees: 0.80 $100.00
Timekeeper Summary
‘Timekeeper ABC worked 0.80 hours at $125,00 per hour, totaling $100.00.
Current Invoice Summary
Prior Balance: $0.00
Payments Received: $0.00
Unpaid Prior Balance: 35,0"
Current Fees: $100.00
Advanced Costs: $0.00
TOTAL AMOUNT DUE: ‘3100.00
Thank You for Letting Us Serve You.
Payment Due Upon Receipt.
Chafin Law Firm, P.C.
44 East Main Street
P.O. Box 1210
Lebanon, VA 24266
Telephone: 276-889-0143
Fax: 276-889-1121
RUSSELL COUNTY INDUST. DEVELOPMENT,
DEVELOPMENT AUTHORITY
NELSON A. DODI, CHAIRMAN
P.O. BOX 2378
P.O. BOX 1150
LEBANON, VA 24266
May 24, 2016
Invoice No. 33767
Client Number: 11-G-2054.53 IDA.LEBANON INN, LLC
Matter Number: 11-G-2054,53A IDA.Lebanon Inn Re: Holiday Inn Project
For Services Rendered Through 5/24/2016.
Payment Detail
Date Description Amount
5/18/2016 Check Number 5381 ($87.50)
Total Payments Recei ($87.50)
Current Invoice Summary
Prior Balance: $87.50
Payments Received: ($87.50) Last Payment: 5/18/2016
Unpaid Prior Balance: $0.00
Current Fees: $0.00
Advanced Costs: $0.00
TOTAL AMOUNT DUE: — 30.00
Thank You for Letting Us Serve You.
Payment Due Upon Receipt.
Chafin Law Firm, P.C.
44 East Main Street
P.O. Box 1210
Lebanon, VA 24266
Telephone: 276-889-0143
Fax: 276-889-1121
RUSSELL COUNTY INDUST. DEVELOPMENT
NELSON A. DODI, CHAIRMAN
P.O. BOX 2378
LEBANON, VA 24266
May 24, 2016
Invoice No. 33770
Client Number: 15-K-2054.66 (Contract) IDA.Newmark Grubb Shell Bldg.
Matter Number: 15-K-2054,66 IDA.Newmark Grubb Shell Bldg. (Contract)
For Services Rendered Through 5/24/2016.
Date Timekeeper Hours
5/11/2016 ABC Various e-mails and phone calls with Tommy 1.80
‘Turmer and Chairman; review and revise
proposed contract with NGKF
5/17/2016 ABC Phone call with Chairman 0.20
5/18/2016 ABC Revisions to Contract; e-mail to Tommy Turner 0.40
Billable Hours / Fees: 2.40,
Amount
$225.00
$25.00
$50.00
$300.00
Timekeeper Summary
‘Timekeeper ABC worked 2.40 hours at $125.00 per hour, totaling $300.00,
Continued On Next Page
Client Number: 15-K-2084.66
Matter Number: 15-K-2054.66
Current Invoice Summary
Prior Balance: $0.00
$0.00
$0.00
Current Fees: $300.00
Advanced Costs: $0.00
TOTAL AMOUNT DUE: "$300.00
‘Thank You for Letting Us Serve You.
Payment Due Upon Receipt.
5/24/2016
Page: 2
Chafin Law Firm, P.C.
44 East Main Street
P.O. Box 1210
Lebanon, VA 24266
Telephone: 276-889-0143
Fax: 276-889-1121
RUSSELL COUNTY INDUST, DEVELOPMENT
DEVELOPMENT AUTHORITY
NELSON A. DODI, CHAIRMAN
P.O. BOX 2378
LEBANON, VA 24266
May 24, 2016
Invoice No. 33769
Client Number: 13-K-2054.58 (Lease) IDA.YMCA
Matter Number: 13-K-2054.58. IDA.YMCA (Lease)
For Services Rendered Through 5/24/2016,
Payment Detail
Date Description Amount
5/18/2016 Check Number 5381 ($37.50)
Total Payments Received: ($37.50)
Current Invoice Summary
Prior Balance: $37.50
Payments Received: ($37.50) Last Payment: 5/18/2016
Unpaid Prior Balance: go.
Current Fe $0.00
‘Advanced Cos $0.00
TOTAL AMOUNT DUI 30.00
‘Thank You for Letting Us Serve You.
Payment Due Upon Receipt.
Chafin Law Firm, P.C.
44 East Main Street
P.O. Box 1210
Lebanon, VA 24266
Telephone: 276-889-0143
Fax: 276-889-1121
RUSSELL COUNTY INDUST. DEVELOPMENT
DEVELOPMENT AUTHORITY
NELSON A. DODI, CHAIRMAN
P.O. BOX 2378
P.O. BOX 1150
LEBANON, VA 24266
May 24, 2016
Invoice No. 33771
Client Number: 16-K-205458A (Lease) IDA.Lease of YMCA (former space)
Matter Number: 16-K-2054.58A IDA.Lease of YMCA (former Space)
For Services Rendered Through 5/24/2016,
Paymient Detail
Date Description
5/18/2016 Check Number 5381
Amount
($62.50)
Total Payments Received: (862.50)
Current Invoice Summary
Prior Balance: $62.50
Payments Receives (862.50)
Unpaid Prior Balance: ——go,99
Current Fees: $0.00
Advanced Costs: « $0.00
TOTAL AMOUNT DUE: ———~sy 9°
Thank You for Letting Us Serve You.
Payment Due Upon Receipt.
Last Payment: 5/18/2016
1,400.00
24,651.90
740.00
1,335.25
184.70
184.70
184.70
184.70
184.70
184.70
184.70
184.70
155.00
132.73
742.50
210.18
766.25
2,990.00
66.00
1,516.00
10,866.90
278.67
3,500.00
23.76
Ending 289,636.28
5/31/2016 Interest Bank Stmnt 289,636.28
286,112.52
5/18/2016 Deposit Deposit 289,612.52
5/17/2016 Check W00037 Internal Revenue Service
297,258.09
5/12/2016 Check 005387 Russell County Board 286,391.19
5/12/2016 Check 005386 Susan’s Cleaning Service
298,840.09
5/12/2016 Check 005385 Starnes, Inc 298,774.09
5/12/2016 Check 005384 Hillhouse Graphic Design
302,596.34
5/12/2016 Check 005383 Carlton Elliott 301,830.09
5/12/2016 Check 005382 Nelson A. Dodi
303,549.02
5/12/2016 Check 005381 Chafin Law Firm, PC 302,806.52
5/12/2016 Check 005380 Bailey Engineering
303,836.75
5/12/2016 Check 002452 Bonanza 303,681.75
5/12/2016 Check 000216 Joyce, B.
304,206.15
5/12/2016 Check 000215 Hincher, M. 304,021.45
5/12/2016 Check 000214 Cook, E.
304,575.55
5/12/2016 Check 000213 Gilmer, S. 304,390.85
5/12/2016 Check 000212 Boyd, J.
304,944.95
5/12/2016 Check 000211 Whited, S. 304,760.25
5/12/2016 Check 000210 Sword, R.
305,314.35
5/12/2016 Check 000209 Duty, M. 305,129.65
5/12/2016 Check 000208 Dodi, N.
5/12/2016 Deposit CASH RECEIPT DEPOSIT 306,649.60
5/6/2016 Deposit Deposit 305,909.60
Beginning 279,857.70
5/6/2016 Deposit CASH RECEIPT DEPOSIT 281,257.70
Comment/ Document
Amount
Bank
BalanceCheck Payee Name
Document
/
Docum
ent
Check
Number
Bank Recap Report
For All Document Types
Document Date Range: From: 050116 To: 053116
IDA of Russell County VA (IDA)
Bank FB&T Operating Account
Bank Recap Report
For All Document Types
Document Date Range: From: 050116 To: 053116
IDA of Russell County VA (IDA)
Bank — FB&T Operating Account
Document Decum Check Comment! Document Bank
1 ent Number Check Payee Namo ‘Amount Balance
Beginning 279,857.70
'516/2016 Deposit CASHRECEIPTDEPOSIT 1,400.00 281,257.70
‘5/6/2016 Deposit Deposit 24,851.90 305,908.60
‘5/12/2016 Deposit CASH RECEIPT DEPOSIT 740.00 306,649.60
5/12/2016 Check 000208 Dodi, N. 1,395.25 905,314.35
5/12/2016 Check 000209 Duty, M 184.70 308,129.65
5/12/2016 Check 000210 Sword, R. 184.70 304,944.95
‘51122016 Check 000211 Whited,S. 184.70 304,760.25
5/12/2016 Check 000212 Boyd, J 184.70 304,575.55
5/12/2016 Check 000213 Gilmer, S. 184.70 304,390.85
5/12/2016 Check 000214 Cook, E 184.70 304,206.15
5/12/2016 Check 000215 _Hincher, M. 184.70 304,021.45
‘51122016 Check 000216 Joyce, B. 184.70 303,836.75
‘5/12/2016 Check 002452 Bonanza 195.00 303,681.75
‘5/12/2016 Check 005380 Bailey Engineering 13273 303,549.02
5/12/2016 Check 005381 Chafin Law Firm, PC 742.50 302,806.52
5/12/2016 Check 005382 Nelson A. Dodi 210.18 302,596.34
5/12/2016 Check 005383 Carlton Eliott 766.25 201,830.09
‘5/12/2016 Check 005384 _Hihouse Graphic Design 2,990.00 298,840.09
‘51122016 Check 005385 Stames, Inc 66.00 298,774.09
5/12/2016 Check 005386 Susan’s Cleaning Service 1,516.00 297,258.09,
5/12/2016 Check 005387 Russell County Board 10,866.90 286,391.19
5/17/2016 Check  W00037 Internal Revenue Service 27867 286,112.62
5118/2016 Deposit Deposit 350000 289,612.52
‘5/31/2016 Interest Bank Stmnt 23.78 289,636.28
Ending 289,636.28,
5,287.86
18,599.45
3,247.30
4,779.74
2,685.10
2,599.45
Ending
Motel Payment
282.74
2,882.19
Motel Payment
5/24/2016 Check 002453 Virginia Coalfield Economic 282.74
Motel Payment
5/24/2016 Check 002452 Virginia Coalfield Economic
10,347.03
5/24/2016 Check 002451 Virginia Coalfield Economic 5,567.29
5/24/2016 Check 002450 Cumberland Plateau
5/18/2016 Deposit Deposit 13,594.33
Beginning
Balance:
282.74
5/10/2016 Check 002449 Virginia Small Business 5,005.12-
Comment/ Document
Amount
Bank
BalanceCheck Payee Name
Document/
Check
Docume
nt
Type
Check
Number
e
Bank Recap Report
For All Document Types
Document Date Range: From: 050116 To: 053116
IDA of Russell County VA (IDA)
Bank Code: FB&T Motel Account
Bank Recap Report
For All Document Types
Document Date Range: Fro
Document
Docume Check
571012016
5/18/2016
15/24/2016
15/24/2016
Check 002449
Deposit
Check 002450
Check 002451
‘5/24/2016 Check 002452
15/24/2016 Check 002453
Commant
Check Payes Name
Virginia Small Business
Deposit
‘Cumberiand Plateau
Virginia Coalfield Economic
Motel Payment
Virginia Coalfield Economic
Motel Payment
Virginia Coatfield Economic
Motel Payment
IDA of Russell County VA (IDA)
Document Bank
Beginning 282.74
Balance:
5,287.86 5,005.12
18,599.45, 13,594.33,
3,247.30 10,347.03,
4779.74 5,567.29,
2,685.10 2,882.19
2,599.45 282.74
Ending 282.74
35,145.98
22,099.16
12,249.85
4.61
Ending 41,204.54
5/31/2016 Interest Bank Stmnt 41,204.54
53,449.78
5/6/2016 Check 002646 Virginia Coalfield 41,199.93
5/6/2016 Check 002645 Town of Lebanon VA
Beginning Balance: 40,402.96
5/6/2016 Deposit Deposit 75,548.94
Comment/ Document
Amount
Bank
BalanceCheck Payee Name
Document/
Check
Document
Type
Check
Number
Bank Recap Report
For All Document Types
Document Date Range: From: 050116 To: 053116
IDA of Russell County VA (IDA)
Bank Code: FB&T - Steel Fab
Bank Recap Report
For All Document Types
Document Date Range: Fro
Document
51612016
51612016
51612016
5/31/2016
Document Check Comment
Type Number Check Payee Name
Deposit Deposit
Check 002645 Town of Lebanon VA
Check 002646 Virginia Coaltield
Interest Bank Strant
IDA of Russell County VA (IDA)
Document
Beginning Balance
35,145.98
22,088.16
12,249.85,
461
Ending
ane
75,548.94
53,449.78
41,199.93
41,204.54
41,204.54
Gen.pdf
Sheet1

Motel.pdf
Sheet1

sf.pdf
Sheet1

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