OCR Scan (approximately)

This OCR scan may contain automatically generated text as generated using Apache Tika and Tesseract. It may not be correct. No effort has been made to correct any of these scans (so far). These OCR scans are also used in the site's Search feature. Please review the Search Policy for details about the site features. The OCR scan is provided here for reference purposes. It provides searchable text when the underlying document might not. But the scan process may not always work perfectly.

Agenda Packet
Thursday, November 14, 2019
Bonanza Family Restaurant
5:30 P.M.
1 IDA
Russell County, VA
Agenda Packet
Thursday, November 14, 2019
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
November 14, 2019
AGENDA
The Industrial Development Authority of Russell County Virginia will hold its
regular monthly meeting on November 14, 2019 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


Recess for Meal


Attorney’s Report


Chairman’s Report


Old Business


New Business


Closed Session as permitted by Virginia Code #2.2-3711


Adjourn Meeting


Attachments:
Invoices for Payment (Pages A1-A3)
1
IDA Russell County, VA
Industrial Development Authority of
Russell County, Virginia
November 14, 2019
AGENDA
The Industrial Development Authority of Russell County Virginia will hold its
regular monthly meeting on November 14, 2019 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


Recess for Meal


Attorney’s Report


Chairman’s Report


Old Business


New Business


Closed Session as permitted by Virginia Code #2.2-3711


Adjourn Meeting


Attachments:
Invoices for Payment (Pages A1-A3)
October 10, 2019
The Regular monthly meeting of the Industrial Development Authority of
Russell County, Virginia was held on  October 10, 2019, at 5:30 P.M. at Bonanza
Family Restaurant, Main Street, Lebanon, Virginia.
MEMBERS
PRESENT:    Ernie McFaddin, Chairman
Carlton Elliott, Secretary 

Mike Hincher. Member
Roger Sword, Member     

Jarred Glass, Member 

David Mullins, Member 

ABSENT:  Richard Lockridge, Vice Chairman
Tony Dodi, Member
Scott Gilmer, Member
STAFF:  Katie Patton, Attorney
Lonzo Lester, County Administrator
The Chairman called the meeting to order at 5:36 P.M.
Secretary called the roll and recorded the roll call.
APPROVAL OF MINUTES
Upon motion made by Roger Sword, second by Mike Hincher and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve the minutes of the September 12, 2019 meeting.
The Vote was:
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay:  None
FINANCIAL REPORT
Upon motion made by Roger Sword, second by Jarred Glass, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve to pay invoices presented on October 10, 2019 with the addition invoice
from Chafin Law Firm in th amount of $2200.50.
The Vote was:
October 10, 2019
The Regular monthly meeting of the Industrial Development Authority of
Russell County, Virginia was held on October 10, 2019, at 5:30 P.M. at Bonanza
Family Restaurant, Main Street, Lebanon, Virginia.
MEMBERS
PRESENT: Ernie McFaddin, Chairman
Carlton Elliott, Secretary
Mike Hincher. Member
Roger Sword, Member
Jarred Glass, Member
David Mullins, Member
ABSENT: Richard Lockridge, Vice Chairman
Tony Dodi, Member
Scott Gilmer, Member
STAFF: Katie Patton, Attorney
Lonzo Lester, County Administrator
The Chairman called the meeting to order at 5:36 P.M.
Secretary called the roll and recorded the roll call.
APPROVAL OF MINUTES
Upon motion made by Roger Sword, second by Mike Hincher and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve the minutes of the September 12, 2019 meeting.
The Vote was:
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay: None
FINANCIAL REPORT
Upon motion made by Roger Sword, second by Jarred Glass, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve to pay invoices presented on October 10, 2019 with the addition invoice
from Chafin Law Firm in th amount of $2200.50.
The Vote was:
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay:  None
ATTORNEY’S REPORT
No Report
CHAIRMAN’S REPORT
The chairman presented he is working on a date for the ribbon cutting for
Plasticap.
The chairman has met with the Health Department on further plans for the
office space in the Government center.
The chairman informed the board the IDA needs a letter of intent with
Russell County Reclamation LLC for Phase III funding and we need to submit an
application for the additional funding for the greenhouse project.
Upon motion made by Jarred Glass, second by Mike Hincher, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the chairman to submit a joint letter of intent with Russell County
Reclamation LLC to AML for Phase 3 funding on Project Reclaim in the amount
of $2.75 million for additional property development and the construction of a
greenhouse with a renewable energy package.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay:  None
Upon motion made by Jarred Glass, second by Roger Sword, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the chairman to submit a joint application with Russell County
Reclamation to AML for funding to construct a greenhouse on the Moss 3 property
to be utilized by Project Grow.  We hereby authorize the chairman and the
secretary to sign all necessary documents relating to this application.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay:  None
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S$. Gilmer
Nay: None
ATTORNEY’S REPORT
No Report
CHAIRMAN’S REPORT
The chairman presented he is working on a date for the ribbon cutting for
Plasticap.
The chairman has met with the Health Department on further plans for the
office space in the Government center.
The chairman informed the board the IDA needs a letter of intent with
Russell County Reclamation LLC for Phase III funding and we need to submit an
application for the additional funding for the greenhouse project.
Upon motion made by Jarred Glass, second by Mike Hincher, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the chairman to submit a joint letter of intent with Russell County
Reclamation LLC to AML for Phase 3 funding on Project Reclaim in the amount
of $2.75 million for additional property development and the construction of a
greenhouse with a renewable energy package.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay: None
Upon motion made by Jarred Glass, second by Roger Sword, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the chairman to submit a joint application with Russell County
Reclamation to AML for funding to construct a greenhouse on the Moss 3 property
to be utilized by Project Grow. We hereby authorize the chairman and the
secretary to sign all necessary documents relating to this application.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay: None
The chairman reported the need to apply for New Market Tax Credits for
Phase 3 of Project “Blue Jay”
Upon motion made by Mike Hincher, second by Jarred Glass, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the chairman to apply for New Market Tax Credit funding through
People Inc for Phase 2 of project Blue Jay and authorize the chairman and the
secretary to sign all necessary documents relating to this funding.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay:  None
The chairman presented the need to for a subsidiary of the IDA for the new
Market Tax Credits to flow through.
Upon motion made by Carlton Elliott, second by Mike Hincher, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing legal counsel to establish a subsidiary company of the IDA for the
purpose of managing funding obtained through New Market Tax Credit sources.
We hereby authorize the chairman and the secretary to sign all necessary
documents to complete the formation of this entity.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay:  None
The chairman presented the Town of Lebanon’s request for the property
above the farmer’s market be conveyed to the Town.
Upon motion made by Roger Sword, second by David Mullins, and duly
approved by the Industrial Development Authority of Russell County, Virginia
conveying the property adjacent to the government center to the Town of Lebanon
for development additional green space within the town.  The property to be
conveyed is recorded on Map ID# 104R IA2 1019B and is subject to completion of
a survey to identify all the property boundaries.  We hereby authorize the chairman
and the secretary to sign all necessary documents to complete this transaction.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay:  None
The chairman reported the need to apply for New Market Tax Credits for
Phase 3 of Project “Blue Jay”
Upon motion made by Mike Hincher, second by Jarred Glass, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the chairman to apply for New Market Tax Credit funding through
People Inc for Phase 2 of project Blue Jay and authorize the chairman and the
secretary to sign all necessary documents relating to this funding.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay: None
The chairman presented the need to for a subsidiary of the IDA for the new
Market Tax Credits to flow through.
Upon motion made by Carlton Elliott, second by Mike Hincher, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing legal counsel to establish a subsidiary company of the IDA for the
purpose of managing funding obtained through New Market Tax Credit sources.
We hereby authorize the chairman and the secretary to sign all necessary
documents to complete the formation of this entity.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay: None
The chairman presented the Town of Lebanon’s request for the property
above the farmer’s market be conveyed to the Town.
Upon motion made by Roger Sword, second by David Mullins, and duly
approved by the Industrial Development Authority of Russell County, Virginia
conveying the property adjacent to the government center to the Town of Lebanon
for development additional green space within the town. The property to be
conveyed is recorded on Map ID# 104R [A2 1019B and is subject to completion of
a survey to identify all the property boundaries. We hereby authorize the chairman
and the secretary to sign all necessary documents to complete this transaction.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay: None
The chairman informed the board TDEC is seaking grant funding for
equipment upgrades. After discussion, the chairman will inform TDEC the request
does not meet the parameters of the grant process.
CLOSED SESSION
Upon motion made by Mike Hincher, second by Roger Sword 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) & (8) Legal Counsel.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay:  None
RECONVENE TO PUBLIC SESSION
Upon motion made by Mike Hincher, second by David Mullins, 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”.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
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 Yes
Scott Gilmer Absent
Tony Dodi  Absent
      Roger Sword Yes 

Mike Hincher Yes
Jarred Glass  Yes
David Mullins Yes
Richard Lockridge Absent
Upon motion made by Mike Hincher, second by David Mullins and duly
approved by the Industrial Development Authority of Russell County, Virginia
The chairman informed the board TDEC is seaking grant funding for
equipment upgrades. After discussion, the chairman will inform TDEC the request
does not meet the parameters of the grant process.
CLOSED SESSION
Upon motion made by Mike Hincher, second by Roger Sword 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) & (8) Legal Counsel.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay: None
RECONVENE TO PUBLIC SESSION
Upon motion made by Mike Hincher, second by David Mullins, 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”.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
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 Mike Hincher Yes
Carlton Elliott Yes Jarred Glass Yes
Scott Gilmer Absent David Mullins Yes
Tony Dodi Absent Richard Lockridge Absent
Roger Sword Yes
Upon motion made by Mike Hincher, second by David Mullins and duly
approved by the Industrial Development Authority of Russell County, Virginia
approving the application for RLF funding from Beartown Barbell Club in the
amount of $10,000 and authorize the chairman to submit all necessary documents
to USDA for final approval.  We hereby authorize the chairman and the secretary
to sign all necessary documents to complete this loan.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay:  None
Upon motion made by David Mullins, second by Roger Sword and duly
approved by the Industrial Development Authority of Russell County, Virginia
appointing Tony Dodi and Ernie McFaddin to the Courthouse Committee with the
Board of Supervisors.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay:  None
ADJOURNMENT
Upon motion made by David Mullins, second by Mike Hincher, and duly
approved by the Industrial Development Authority of Russell County, Virginia
adjourning this meeting at 7:58 PM.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay:  None
approving the application for RLF funding from Beartown Barbell Club in the
amount of $10,000 and authorize the chairman to submit all necessary documents
to USDA for final approval. We hereby authorize the chairman and the secretary
to sign all necessary documents to complete this loan.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay: None
Upon motion made by David Mullins, second by Roger Sword and duly
approved by the Industrial Development Authority of Russell County, Virginia
appointing Tony Dodi and Ernie McFaddin to the Courthouse Committee with the
Board of Supervisors.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay: None
ADJOURNMENT
Upon motion made by David Mullins, second by Mike Hincher, and duly
approved by the Industrial Development Authority of Russell County, Virginia
adjourning this meeting at 7:58 PM.
Aye: C. Elliott, R. Sword, J. Glass, M. Hincher, D. Mullins
Absent: R. Lockridge, T Dodi, S. Gilmer
Nay: None
Page A1
ug, 2019
Invoice
Sent rom Sentto invox5e
20 Rew CotyDA
70 Bac a50 powoxz
‘St. Poul, VA 24283 LEBANON, VA 24266, ‘$200
Payment 30a
1 Product
Daipin Pie ue at
ay Mery Hong Mince s200 1 ‘200
ThankYou sara ae
Dect ‘0
Teal $200
Conte
us20
eyeo0 or
10 com
0, er t50
Sea VA228
Page A1
Page A2
Lab 20
Sent from Sento
20 anal County DA
PO, Bo 480 PO HOK2=78
Pau VA24283, LEBANON, VA 24265,
1 Product
Desetion
Auge Mitenance a Hsing
‘Thank You
Contact
ub20
(27996081607
20.00
PO, B48
Ss Pad VA24288,
Page A2
Price Use
$200 :
sibel
Dione
Tet
$49 23,2019
Invoice
INvodos
$200
Papert Die 30 Dee
Tee
$200
$200
so
$200
Page A3
0820,209
Invoice
Sent from Sento Invoai2
ue20 asl Coty DA
P.O, 450 PoROK 78
‘St Pal VA 24269 LEBANON, VA20266 $200
Payment Due Upe cit
1Produet
Destin Pree Use Tet
Septanbr Monthly Honing & Mantra 200 tence $200
Thank You ata ae
Dione 0
Toul $200
Contact
\ub20
(276) 608.607
200m
P.O, 880
Pa, VA24209,
Page A3