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Agenda Packet
Thursday, May 10, 2018
Bonanza Family Restaurant
5:30 P.M.
1 IDA
Russell County, VA
Agenda Packet
Thursday, May 10, 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


7 & 8.  Legal
Virginia Code
Closed Sessions 2.2-3711




4,
5.
Personnel
Acquisition/Sale of Property
Privacy of Individuals
Prospective Unannounced Business
7 &8. Legal
May 10, 2018
AGENDA
The Industrial Development Authority of Russell County Virginia will hold its
regular monthly meeting on May 10, 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. Phillip Powers


Recess for Meal


Election of Officers and Organization


Attorney’s Report


Chairman’s Report


Old Business


New Business


Closed Session as permitted by Virginia Code #2.2-3711


Adjourn Meeting


Attachments
a. Newmark Knight Frank Letter (Page 1)
b. Accounts Payable Invoices (Page 2 – 6)
1
IDA Russell County, VA
Industrial Development Authority of
Russell County, Virginia
May 10, 2018
AGENDA
The Industrial Development Authority of Russell County Virginia will hold its
regular monthly meeting on May 10, 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. Phillip Powers
Recess for Meal
Election of Officers and Organization
Attorney’s Report
Chairman’s Report
Old Business
New Business
Closed Session as permitted by Virginia Code #2.2-3711
Adjourn Meeting
Attachments

a. Newmark Knight Frank Letter (Page 1)
b. Accounts Payable Invoices (Page 2 - 6)
May 10, 2018
The Regular monthly meeting of the Industrial Development Authority of
Russell County, Virginia was held on  May 10, 2018, at 5:30 P.M. at Bonanza
Family Restaurant, Main Street, Lebanon, Virginia.
MEMBERS
PRESENT:    Ernie McFaddin, Chairman
Richard Lockridge, Vice Chairman 

Roger Sword, Member
David Mullins, Member 

Tony Dodi, Member 

ABSENT:  Scott Gilmer, Member
Jarred Glass, Member
Mike Hincher, Member
Carlton Elliott, Secretary
STAFF:  Katie Patton, Attorney
The Chairman called the meeting to order at 5:35 P.M.
Secretary called the roll and recorded the roll call.
APPROVAL OF MINUTES
Upon motion made by Richard Lockridge, second by David Mullins and
duly approved by the Industrial Development Authority of Russell County,
Virginia to approve the minutes of the April 12, 2018 and April 26, 2018 meetings,
with the following correction…
Tony Dodi did not second the motion for purchase of office supplies in the
April 12, 2018 meeting the second was by Roger Sword.
The Vote was:
Aye: R. Lockridge, T. Dodi, R. Sword, D. Mullins
Absent:  S. Gilmer, C. Elliott, J. Glass, M. Hincher
Nay:  None
May 10, 2018
The Regular monthly meeting of the Industrial Development Authority of
Russell County, Virginia was held on May 10, 2018, at 5:30 P.M. at Bonanza
Family Restaurant, Main Street, Lebanon, Virginia.
MEMBERS
PRESEN
Ernie McFaddin, Chairman
Richard Lockridge, Vice Chairman
Roger Sword, Member
David Mullins, Member
Tony Dodi, Member
ABSENT: Scott Gilmer, Member
Jarred Glass, Member
Mike Hincher, Member
Carlton Elliott, Secretary
STAFF: Katie Patton, Attorney
The Chairman called the meeting to order at 5:35 P.M.
Secretary called the roll and recorded the roll call.
APPROVAL OF MINUTES
Upon motion made by Richard Lockridge, second by David Mullins and
duly approved by the Industrial Development Authority of Russell County,
Virginia to approve the minutes of the April 12, 2018 and April 26, 2018 meetings,
with the following correction…
Tony Dodi did not second the motion for purchase of office supplies in the
April 12, 2018 meeting the second was by Roger Sword.
The Vote was:
Aye: R. Lockridge, T. Dodi, R. Sword, D. Mullins
Absent: S. Gilmer, C. Elliott, J. Glass, M. Hincher
Nay: None
May 10, 2018
FINANCIAL REPORT
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 Financial Report of May 10, 2018.
The Vote was:
Aye: R. Lockridge, T. Dodi, R. Sword, D. Mullins
Absent:  S. Gilmer, C. Elliott, J. Glass, M. Hincher
Nay:  None
AMENDMENT TO AGENDA
Upon motion made by Richard Lockridge, second by David Mullins and
duly approved by the Industrial Development Authority of Russell County,
Virginia to amend the agenda to allow for recess for meal prior to after new
business.
The Vote was:
Aye: R. Lockridge, T. Dodi, R. Sword, D. Mullins
Absent:  S. Gilmer, C. Elliott, J. Glass, M. Hincher
Nay:  None
ATTORNEY REPORT
No Report
COMMITTEE REPORTS
The Chairman reported Steel Fab job fair resulted in 150 applications.
JM Conveyors is now at 26 Employees.
David Mullins reported on Opportunity Funds and Opportunity Zones.
NEW BUSINESS
No new business.
Recess for Meal.
May 10, 2018
FINANCIAL REPORT
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 Financial Report of May 10, 2018.
The Vote was:
Aye: R. Lockridge, T. Dodi, R. Sword, D. Mullins
Absent: S. Gilmer, C. Elliott, J. Glass, M. Hincher
Nay: None
AMENDMENT TO AGENDA
Upon motion made by Richard Lockridge, second by David Mullins and
duly approved by the Industrial Development Authority of Russell County,
Virginia to amend the agenda to allow for recess for meal prior to after new
business.
The Vote was:
Aye: R. Lockridge, T. Dodi, R. Sword, D. Mullins
Absent: S. Gilmer, C. Elliott, J. Glass, M. Hincher
Nay: None
ATTORNEY REPORT
No Report
COMMITTEE REPORTS
The Chairman reported Steel Fab job fair resulted in 150 applications.
JM Conveyors is now at 26 Employees.
David Mullins reported on Opportunity Funds and Opportunity Zones.
NEW BUSINESS
No new business.
Recess for Meal.
May 10, 2018
CLOSED SESSION
Upon motion made by Richard Lockridge, second by Tony Dodi and duly
approved by the Industrial Development Authority of Russell County, Virginia to
enter Closed Session as permitted by, VA Code #2.2-3711 (3) Property
(5) Prospective unannounced industry (7)&(8) Legal Counsel.
The Vote was:
Aye: R. Lockridge, T. Dodi, R. Sword, D. Mullins
Absent:  S. Gilmer, C. Elliott, J. Glass, M. Hincher
Nay:  None
RECONVENE TO PUBLIC SESSION
Upon motion made by David Mullins, second by Richard Lockridge, 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: R. Lockridge, T. Dodi, R. Sword, D. Mullins
Absent:  S. Gilmer, C. Elliott, J. Glass, M. Hincher
Nay:  None
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 Absent
Scott Gilmer Absent
Tony Dodi  Yes
      Roger Sword Yes 

Mike Hincher Absent
Jarred Glass  Absent
David Mullins Yes
Richard Lockridge Yes
ADJOURNMENT
Upon motion made by Tony Dodi, second by Richard Lockridge, and duly
approved by the Industrial Development Authority of Russell County, Virginia
adjourning this meeting at 8:03 PM.
May 10, 2018
CLOSED SESSION
Upon motion made by Richard Lockridge, second by Tony Dodi and duly
approved by the Industrial Development Authority of Russell County, Virginia to
enter Closed Session as permitted by, VA Code #2.2-3711 (3) Property
(5) Prospective unannounced industry (7)&(8) Legal Counsel.
The Vote was:
Aye: R. Lockridge, T. Dodi, R. Sword, D. Mullins
Absent: S. Gilmer, C. Elliott, J. Glass, M. Hincher
Nay: None
RECONVENE TO PUBLIC SESSION
Upon motion made by David Mullins, second by Richard Lockridge, 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: R. Lockridge, T. Dodi, R. Sword, D. Mullins
Absent: S. Gilmer, C. Elliott, J. Glass, M. Hincher
Nay: None
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
ion 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 Roger Sword Yes
Carlton Elliott Absent Mike Hincher Absent
Scott Gilmer Absent Jarred Glass Absent
Tony Dodi Yes David Mullins Yes
Richard Lockridge Yes
ADJOURNMENT
Upon motion made by Tony Dodi, second by Richard Lockridge, and duly
approved by the Industrial Development Authority of Russell County, Virginia
adjourning this meeting at 8:03 PM.
April 12, 2018
The Vote was:
Aye: R. Lockridge, T. Dodi, R. Sword, D. Mullins
Absent:  S. Gilmer, C. Elliott, J. Glass, M. Hincher
Nay:  None
April 12, 2018
The Vote was:
Aye: R. Lockridge, T. Dodi, R. Sword, D. Mullins
Absent: S. Gilmer, C. Elliott, J. Glass, M. Hincher
Nay: None
Page 1
Newmark
Knight Frank
June 5, 2018
Via electronic mail: [email protected]
Dicky Lockridge, Pharm.D, 8CNSP
Industrial Development Authority of Russell County, VA
Russell County IDA
P.O, Box 2378
Lebanon, VA 24266
RE: Lebanon, VA
Dear Dicky:
Dear Dicky,
Our listing agreement with the Industrial Development Authority of Russell County, VA for the marketing of the above
referenced property has expired. Following isa list of prospects that will be protected for a commission per the terms
of the Listing Agreement.
41, Organa Brands / Commonwealth Organics/Florida Harvest Group Chris Horton and/or Chris Driessen
2, Zenith Products Group / Zenith Power Products and/or any related company
3. Confidential prospect being represented by Adam Wolinetz with JLL out of Cleveland, OH
Tommy Turner and | would like to thank you for allowing us the opportunity to work on this assignment. It is
unfortunate we were not able to locate a buyer and/or tenant for the facility. This is one of the very rare occasions
that we have not been successful in completing our assignment, but we can assure you every effort was made to
reach a successful conclusion. We do not believe we missed any company that could have considered your facility
during our tenure.
We wish you and your team the best in the future. Please feel free to call with any questions or comments.
Best regards,
James Belcher, SIOR
Executive Managing Director
Newmark Knight Frank 880 €Swedesford Rd, Suite 100 Wayne PA 19087 www.ngkf.com
£610.265.060P HefeerPnekt.com
Page 2
CONTRACT INVOICE
HUNGATE BUSINESS SERVICES
Invoice Number: 129560
gi mn innovate Invoice Date: 06/04/2018
Bill To: Russell County IDA. Customer: Russell County IDA.
P.O. Box 2378
‘Recount No Payment Terms Due Date Tavoice Total Balance Due
RCO? 30 Days from invoice 07/04/2018 $6.69 6.69
Contract Number Contact Contract Amount P.O. Number Start Date Exp. Date.
1939-01 Erie McFaddin (276) 971-0690 $6.69 03/09/2018 | 03/08/2019
_ aw a gene OTST era ToT _ Remarks a la
‘Summary:
Contract base rate charge fr ths biling period $0.00
Contract overage charge for the 05/09/2018 to 06/08/2018 overage period $6.69"
Detail:
Equipment included under this contract
Xerox/7835
Number Serial Number Base Adj. Location
3100 MX1195363 30.00 Russell County IDA 135 Highland Dr.
Lebanon, VA 24266
Meter Type _ Meter Grou jn Meter__End Meter Credits Total____ Covered Bilable—Rate
Bw BW 117,805 117,951 146 oO 146 $0.012900 $1.88
Color Color 11,409 11,463 4 o ‘$4 $0.089000 $481
36.69
Effective June 1, 2012. 1.5% finance charge per month will accrue after 30 days. Tmoice Subtotal =o
‘Exempt $0.00
Total Tax: $0.00
Invoice Tota: $6.69
209 N. Chestnut St. Marion, VA 24354 _ 276-783-5442.
GST: 54-1375633,
Page 1 of
Page 2
Page 3
STARNES, INC. __ Starnes Refrigeration & A/C, Inc Visit us at:
“"TBOO-STARNES 2.0. Box 2259 www.starnesinc.com
Lebanon, VA 24266
Phone: 276-889-2410 Invoice 69303
Fax: 276-889-2246 Date: os/168
Customer ID: Rus Co IDA
Bill to:
Russell County IDA
P.O. Box 2378
Lebanon, VA 24266
Department — Terms Due Date P.O. Number
Net 30 (06/15/18
1.50 Lab Ser Diagnostic & Repair AIC @Health Dept 75.00 112.50
Invoice Total: 112.50
Total Due: $112.50
Thank You !
Remit with one copy of Invoice to:
‘Stames, Inc. Heating & Cooling
Page 3 PO Box 2259
Lebanon, VA 24266
Page 4
STARNES, INC.
HEATING & COOLING
1-800-STARNES
ww stnsin.com
customeRNane: = Health Dept |
ADDRESS: qs Rosec Ig Steet
EMAIL:
TmoustenerorTeD: Unit Mot wockina
OD MODEL:
Io MoneLe: YOR A004 600
Tecnica: Tear
REFRIGERANT REPORT — SERIAL #:
Tek SERIAL:
Bs RECYCLED: LBS RECOVERED:
PHONE:
an: Lebanon STATE: ZIP CODE:
EQUIPMENTIVPE: Cagrje? units: 7O
SERIAL #:
Wwsena#: S3F2IZZ
WORK DESCRIPTION D convensen
‘Diitegcompresor
Found Belt to be off of Blowec in the Mit Henclloc arc) unit tobe Poze cp Eee
I Theol the unit out and Replaced tc Belt. Checkedl unit Qociotein Grnnots hn
Cing MATERIAL DESCRIPTION
{ean orinspectcandenser ail
Dleachec
Dondenser ot
‘detest operation
ieversing aie operation
‘contactor conion
MORKCOMPLETE: Le rycapacior Measurement
‘ower deca Condon
PRICE [im QTY MATERIAL DESCRIPTION Geta) _ over eqipmentcondion
CO AIRHANDLER
‘leak Checkfaporator
‘lean orinspect Evpaatr Cols
‘Dotage reading
‘inspec Bouer Motor
‘lower Motor Amps
Clcapactr Measurement
[Dus dain and vented ops
ieated dain
Dteplaced oc washed fier
lover eeeic condition
PENDING REPORT Dover Equipment condition
TOTAL REPAIR:
CUHEATING ASSEMBLY
ett _
Ceti apeelng ——
Dieting
: Dies fonae
HEPAIRESTINATE: Check for gas teaks.
‘DCleaned burners
LIMITED WARRANTY: All materials, parts, and equipment are warranted by the manufacturers’or suppliers’ PAYMENT TERMS: Invoice past the due date will be charged @ EAinspeced Gas vahe
written warranty only. All labor performed by Starnes Inc, is warranted for 30 days unless otherwise finance rate of 24% annually. In the event of collections, Starnes
indicated in writing. Starnes Inc. makes no other warranties implied or otherwise, and technicians or Inc will be entitled to all court cost and attorney fees not to
inspected daft asemily
agents arent authored forage any such wartantes on cha of Starnes orceed 25% Bipcete tng
CUSTOMER SIGNATURE: ‘THANK YOU FOR YOUR BUSINESS COCONTROLLER
‘SAME DAY, 24-HOUR SERVICE 365 DAYS A YEAR, REGARI
‘Dverifed operation and condition
ESS OF TIME, WEATHER CORA@@As, OR LOCATION. THATISOURPROMISETOYOU. yyy
Page 5
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Page 6
Invoice 0253
Lab 20
PO Box 450
St. Paul, VA 24283
Date To
May 22, 2018 Russell County ID.
PO Box 2378
Lebanon, VA 24266
Quantity _ Description.
1 Apsil Monthly Maintenance & $200 $200
Hosting
Unit Price Total
$200.00
‘Total Due By 6.22.2018 $200.00
Thank you for your business!
Tel: 276.608.1607 Email: [email protected]
Web: lab20.com
Page 6