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Agenda Packet
Thursday, March 8, 2018
Bonanza Family Restaurant
5:30 P.M.
Agenda Packet
Thursday, March 8, 2018
Bonanza Family Restaurant
5:30 P.M.
Virginia Code
Closed Sessions 2.2-3711


Personnel


Acquisition/Sale of Property


Privacy of Individuals


Prospective Unannounced Business


Legal


Virginia Code
Closed Sessions 2.2-3711



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Personnel
Acquisition/Sale of Property
Privacy of Individuals
Prospective Unannounced Business
Legal
March  8, 2018
AGENDA
The Industrial Development Authority of Russell County Virginia will hold its
regular monthly meeting on  March  8,  2018  at  Bonanza Family Restaurant Main Street,
Lebanon, Virginia, and beginning at 5:30  PM.


Call to Order


Roll Call


Approval  of Minutes


Approval of Financial and Treasurer’s Report


Guest Presentations
a. Roger Sword  –  Comprehensive Development Plan


Recess for Meal


Attorney’s Report


Committee Reports


Old Business


New Business


Closed Session as permitted by Virginia Code #2.2-3711


Adjourn Meeting


Attachments

a.  Accounts payable invoices  (Page 1  –  17)
March 8, 2018
AGENDA
The Industrial Development Authority of Russell County Virginia will hold its
regular monthly meeting on March 8, 2018 at Bonanza Family Restaurant Main Street,
Lebanon, Virginia, and beginning at 5:30 PM.
yPenr
Call to Order
Roll Call
Approval of Minutes
Approval of Financial and Treasurer’s Report
Guest Presentations
a, Roger Sword ~ Comprehensive Development Plan
Recess for Meal
Attorney’s Report
Committee Reports
Old Business
New Business
. Closed Session as permitted by Virginia Code #2.2-3711
Adjourn Meeting
Attachments
a. Accounts payable invoices (Page 1 - 17)
February 8, 2018
The Regular monthly meeting of the Industrial Development Authority of
Russell County, Virginia was held on  February 8, 2018, at 5:30 P.M. at Bonanza
Family Restaurant, Main Street, Lebanon, Virginia.
MEMBERS

PRESENT:    Ernie McFaddin, Chairman
Richard Lockridge, Vice Chairman
Carlton Elliott, Secretary
Roger Sword, Member
Tony Dodi, Member 
Jarred Glass, Member 
Mike Hincher, Member 
David Mullins, Member 

ABSENT:  Scott Gilmer, Member
STAFF:  Katie Patton, Attorney
GUESTS:  Reggie Childers, citizen
Jamie Oliver, Holiday Inn Express
The Chairman called the meeting to order at 5:31 P.M.
Secretary called the roll and recorded the roll call.
APPROVAL OF MINUTES
Upon motion made by Tony Dodi, second by David Mullins and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve the minutes of the January 11, 2018 meeting.
The Vote was:
Aye:  C. Elliott, R. Lockridge, R. Sword, J. Glass, T. Dodi, D. Mullins
M. Hincher
Absent:  S. Gilmer
Nay:  None
February 8, 2018
The Regular monthly meeting of the Industrial Development Authority of
Russell County, Virginia was held on February 8, 2018, at 5:30 P.M. at Bonanza
Family Restaurant, Main Street, Lebanon, Virginia.
MEMBERS
PRESENT: Emie McFaddin, Chairman
Richard Lockridge, Vice Chairman
Carlton Elliott, Secretary
Roger Sword, Member
Tony Dodi, Member
Jarred Glass, Member
Mike Hincher, Member
David Mullins, Member
ABSENT: Scott Gilmer, Member
STAFF: Katie Patton, Attorney
GUESTS: Reggie Childers, citizen
Jamie Oliver, Holiday Inn Express
The Chairman called the meeting to order at 5:31 P.M.
Secretary called the roll and recorded the roll call.
APPROVAL OF MINUTES
Upon motion made by Tony Dodi, second by David Mullins and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve the minutes of the January 11, 2018 meeting.
The Vote was:
Aye: C. Elliott, R. Lockridge, R. Sword, J. Glass, T. Dodi, D. Mullins
M. Hincher
Absent: S. Gilmer
Nay: None
February 8, 2018
FINANCIAL REPORT
Financial report was presented by Carlton Elliott
Upon motion made by Mike Hincher, second by Jarred Glass, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve the Financial Report of February 8, 2018 with the addition of an invoice to
Highlander Builders for $225.00 to be paid.
The Vote was:
Aye:  C. Elliott, R. Lockridge, R. Sword, J. Glass, T. Dodi, D. Mullins
M. Hincher
Absent:  S. Gilmer
Nay:  None
GUEST COMMENT
Reggie Childers presented what Russell County has to offer.  Reggie asks for the
IDA to help promote these assets to attract new business to locate to Russell
county.
Jamie Oliver presented a report on the financial state of the Holiday Inn Express.

Mr. Oliver will return to the IDA in March or April to present a comprehensive
plan for adjusted debt services for the motel.
The Chairman recessed the meeting for the evening meal at 6:28 PM
The Chairman called the meeting back to order at 7:15 PM
ATTORNEY REPORT
The Attorney reported TruPoint Bank has made no decision on the easement
to the property behind Garden Side.  The IDA took no action on this matter.
COMMITTEE REPORTS
The Chairman reported on the Legislative Reception in Richmond.
The Chairman reported a need for further workforce training in the area.
The Chairman would like to see a marketing campaign to recruit workers to the
area for existing businesses.
February 8, 2018
FINANCIAL REPORT
Financial report was presented by Carlton Elliott
Upon motion made by Mike Hincher, second by Jarred Glass, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve the Financial Report of February 8, 2018 with the addition of an invoice to
Highlander Builders for $225.00 to be paid.
The Vote was:
Aye: C. Elliott, R. Lockridge, R. Sword, J. Glass, T. Dodi, D. Mullins
M. Hincher
Absent: S. Gilmer
Nay: None
GUEST COMMENT
Reggie Childers presented what Russell County has to offer. Reggie asks for the
IDA to help promote these assets to attract new business to locate to Russell
county.
Jamie Oliver presented a report on the financial state of the Holiday Inn Express.
Mr. Oliver will return to the IDA in March or April to present a comprehensive
plan for adjusted debt services for the motel.
The Chairman recessed the meeting for the evening meal at 6:28 PM
The Chairman called the meeting back to order at 7:15 PM
ATTORNEY REPORT
The Attomey reported TruPoint Bank has made no decision on the easement
to the property behind Garden Side. The IDA took no action on this matter.
COMMITTEE REPORTS
The Chairman reported on the Legislative Reception in Richmond.
The Chairman reported a need for further workforce training in the area.
The Chairman would like to see a marketing campaign to recruit workers to the
area for existing businesses.
February 8, 2018
The Chairman reported GenMar has picked backup since the beginning of
the year
NEW BUSINESS
The Chairman presented the need to make an office for the IDA in the
Government Center.
Upon motion made by Richard Lockridge, second by Roger Sword, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the chairman to get quotes, pursuant to the IDA procurement policy,
for constructing an office wall in the Government Center.
The Vote was:
Aye:  C. Elliott, R. Lockridge, R. Sword, J. Glass, T. Dodi, D. Mullins
M. Hincher
Absent:  S. Gilmer
Nay:  None
CLOSED SESSION
Upon motion made by Mike Hincher, second by ‘David Mullins and duly
approved by the Industrial Development Authority of Russell County, Virginia to
enter Closed Session as permitted by, VA Code #2.2-3711 (5) Prospective
unannounced industry (7) Legal Counsel.
The Vote was:
Aye:  C. Elliott, R. Lockridge, R. Sword, J. Glass, T. Dodi, D. Mullins
M. Hincher
Absent:  S. Gilmer
Nay:  None
RECONVENE TO PUBLIC SESSION
Upon motion made by Tony Dodi, second by Mike Hincher, 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:
Aye:  C. Elliott, R. Lockridge, R. Sword, J. Glass, T. Dodi, D. Mullins
M. Hincher
Absent:  S. Gilmer
Nay:  None
February 8, 2018
The Chairman reported GenMar has picked backup since the beginning of
the year
NEW BUSINESS
The Chairman presented the need to make an office for the IDA in the
Government Center.
Upon motion made by Richard Lockridge, second by Roger Sword, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the chairman to get quotes, pursuant to the IDA procurement policy,
for constructing an office wall in the Government Center.
The Vote was:
Aye: C. Elliott, R. Lockridge, R. Sword, J. Glass, T. Dodi, D. Mullins
M. Hincher
Absent: S. Gilmer
Nay: None
CLOSED SESSION
Upon motion made by Mike Hincher, second by ‘David Mullins and duly
approved by the Industrial Development Authority of Russell County, Virginia to
enter Closed Session as permitted by, VA Code #2.2-3711 (5) Prospective
unannounced industry (7) Legal Counsel.
The Vote was:
Aye: C. Elliott, R. Lockridge, R. Sword, J. Glass, T. Dodi, D. Mullins
M. Hincher
Absent: S. Gilmer
Nay: None
RECONVENE TO PUBLIC SESSION
Upon motion made by Tony Dodi, second by Mike Hincher, 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:
Aye: C. Elliott, R. Lockridge, R. Sword, J. Glass, T. Dodi, D. Mullins
M. Hincher
Absent: S. Gilmer
Nay: None
February 8, 2018
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:
Ernie McFaddin Yes
Carlton Elliott Yes

Scott Gilmer Absent
Tony Dodi  Yes
Roger Sword Yes
Mike Hincher Yes

Jarred Glass  Yes
David Mullins Yes
Richard Lockridge Yes
MOTIONS FROM CLOSED SECESSION
Upon motion made by Tony Dodi, second by Richard Lockridge, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the chairman to sign an agreement with the Tobacco Commission for a
five-year repayment schedule on the Steel Fab project. Payment of $12,800.00 per
year will be issued from the Steel Fab Account.
The Vote was:
Aye:  C. Elliott, R. Lockridge, R. Sword, J. Glass, T. Dodi, D. Mullins
M. Hincher
Absent:  S. Gilmer
Nay:  None
Upon motion made by Roger Sword, second by David Mullins, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing Richard Lockridge to inform the Newmark Frank Dodd group the IDA
will not be extending the contract to market the shell building.
The Vote was:
Aye:  C. Elliott, R. Lockridge, R. Sword, J. Glass, T. Dodi, D. Mullins
M. Hincher
Absent:  S. Gilmer
Nay:  None
February 8, 2018
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:
Ernie McFaddin Yes Mike Hincher Yes
Carlton Elliott Yes. Jarred Glass Yes
Scott Gilmer Absent David Mullins Yes.
Tony Dodi Yes Richard Lockridge Yes
Roger Sword Yes
MOTIONS FROM CLOSED SECESSION
Upon motion made by Tony Dodi, second by Richard Lockridge, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the chairman to sign an agreement with the Tobacco Commission for a
five-year repayment schedule on the Steel Fab project. Payment of $12,800.00 per
year will be issued from the Steel Fab Account.
The Vote was:
Aye: C. Elliott, R. Lockridge, R. Sword, J. Glass, T. Dodi, D. Mullins
M. Hincher
Absent: S. Gilmer
Nay: None
Upon motion made by Roger Sword, second by David Mullins, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing Richard Lockridge to inform the Newmark Frank Dodd group the IDA
will not be extending the contract to market the shell building.
The Vote was:
Aye: C. Elliott, R. Lockridge, R. Sword, J. Glass, T. Dodi, D. Mullins
M. Hincher
Absent: S. Gilmer
Nay: None
February 8, 2018
ADJOURNMENT
Upon motion made by Tony Dodi, second by Jarred Glass, and duly
approved by the Industrial Development Authority of Russell County, Virginia
adjourning this meeting at 10:04PM.
The Vote was:
Aye:  C. Elliott, R. Lockridge, R. Sword, J. Glass, T. Dodi, D. Mullins
M. Hincher
Absent:  S. Gilmer
Nay:  None
February 8, 2018
ADJOURNMENT
Upon motion made by Tony Dodi, second by Jarred Glass, and duly
approved by the Industrial Development Authority of Russell County, Virginia
adjourning this meeting at 10:04PM.
The Vote was:
Aye: C. Elliott, R. Lockridge, R. Sword, J. Glass, T. Dodi, D. Mullins
M. Hincher
Absent: S. Gilmer
Nay: None
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