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Agenda Packet
Thursday August 13, 2020
Conference Call
5:30 P.M.
1 IDA
Russell County, VA
Agenda Packet
Thursday August 13, 2020
Conference Call
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
August 13, 2020
AGENDA
The Industrial Development Authority of Russell County Virginia will hold its
regular monthly meeting August 13, 2020 at 5:30PM via conference call, pursuant to the
Russell County Emergency Ordinance of April 6, 2020.
Please join my meeting from your computer, tablet or smartphone.
https://global.gotomeeting.com/join/144482461
You can also dial in using your phone.
United States: +1 (646) 749-3122
Access Code: 144-482-461
New to GoToMeeting? Get the app now and be ready when your first meeting starts:
https://global.gotomeeting.com/install/144482461
Call to Order


Roll Call


Approval of Minutes


Approval of Financial and Treasurer’s Report


Guest Presentations


Attorney’s Report


Chairman’s Report


Old Business


New Business


Public Comment


Adjourn Meeting


Attachments: A/P Invoices (A1)
https://global.gotomeeting.com/join/144482461
tel:+16467493122,144482461
https://global.gotomeeting.com/install/144482461
1
IDA Russell County, VA
Industrial Development Authority of
Russell County, Virginia
August 13, 2020
AGENDA
The Industrial Development Authority of Russell County Virginia will hold its
regular monthly meeting August 13, 2020 at 5:30PM via conference call, pursuant to the
Russell County Emergency Ordinance of April 6, 2020.
Please join my meeting from your computer, tablet or smartphone.
https://global.gotomeeting.com/join/144482461
You can also dial in using your phone.
United States: +1 (646) 749-3122
Access Code: 144-482-461
New to GoToMeeting? Get the app now and be ready when your first meeting starts:
hty lobal.gotomes tall /144482461
Call to Order

Roll Call
Approval of Minutes
Approval of Financial and Treasurer’s Report
Guest Presentations
Attorney’s Report
Chairman’s Report
Old Business
New Business
Public Comment
Adjourn Meeting

Senay Pp wn
Attachments: A/P Invoices (A1)
July 9, 2020
The Regular monthly meeting of the Industrial Development Authority of
Russell County, Virginia was held on July 9, 2020 at 5:30 P.M. at the Russell
County Conference Center and via conference call pursuant to the Russell County
Emergency Ordinance of April 6, 2020.
MEMBERS
PRESENT:    Ernie McFaddin, Chairman
Richard Lockridge, Vice Chairman (via conference call) 

Carlton Elliott, Secretary
Roger Sword, Member (via conference call)
Tony Dodi, Member (via conference call)
David Mullins, Member
Jarred Glass, Member
Donnie Christian, Member
ABSENT:  Scott Gilmer, Member
STAFF:  Nick Compton, Attorney
The Chairman called the meeting to order at 5:32 P.M.
Secretary called the roll and recorded the roll call.
APPROVAL OF MINUTES
Upon motion made by Donnie Christian, second by David Mullins and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve the minutes of the June 18, 2020 meeting.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay:  None
FINANCIAL REPORT
Upon motion made by Jarred Glass, second by David Mullins, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
pay invoices presented and defer the approval of the financial report until August
meeting.
July 9, 2020
The Regular monthly meeting of the Industrial Development Authority of
Russell County, Virginia was held on July 9, 2020 at 5:30 P.M. at the Russell
County Conference Center and via conference call pursuant to the Russell County
Emergency Ordinance of April 6, 2020.
MEMBERS
PRESENT: Erie McFaddin, Chairman
Richard Lockridge, Vice Chairman (via conference call)
Carlton Elliott, Secretary
Roger Sword, Member (via conference call)
Tony Dodi, Member (via conference call)
David Mullins, Member
Jarred Glass, Member
Donnie Christian, Member
ABSENT: Scott Gilmer, Member
STAFF: Nick Compton, Attorney
The Chairman called the meeting to order at 5:32 P.M.
Secretary called the roll and recorded the rolll call.
APPROVAL OF MINUTES
Upon motion made by Donnie Christian, second by David Mullins and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve the minutes of the June 18, 2020 meeting.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay: None
FINANCIAL REPORT
Upon motion made by Jarred Glass, second by David Mullins, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
pay invoices presented and defer the approval of the financial report until August
meeting.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay:  None
MOTION TO AMEND THE AGENDA
Upon motion made by Carlton Elliott, second by Donnie Christian, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
amend the agenda moving Closed Session to item #4.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay:  None
CLOSED SESSION
Upon motion made by Donnie Christian, second by Jarred Glass 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 Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay:  None
RECONVENE TO PUBLIC SESSION
Upon motion made by Tony Dodi, second by Jarred Glass, 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 Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: 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 Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay: None
MOTION TO AMEND THE AGENDA
Upon motion made by Carlton Elliott, second by Donnie Christian, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
amend the agenda moving Closed Session to item #4.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay: None
CLOSED SESSION
Upon motion made by Donnie Christian, second by Jarred Glass 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 Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay: None
RECONVENE TO PUBLIC SESSION
Upon motion made by Tony Dodi, second by Jarred Glass, 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 Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: 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  Yes
      Roger Sword Yes 

Donnie Christian Yes
Jarred Glass  Yes
David Mullins Yes
Richard Lockridge Yes
MOTIONS FROM CLOSED SESSION
Upon motion made by Tony Dodi, second by Donnie Christian, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
authorize the chairman to apply for funding for Project “Brown” from all funding
sources, also authorizing the chairman to sign all document related to these
applications.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay:  None
ATTORNEY’S REPORT
The New Market Tax Credit Financing for the Plasticap project is set to
close on July 10th.
CHAIRMAN’S REPORT
The Contract for roofing the government center has been sign and
construction should be completed by the end of summer.
The project to construct the probation office has been approved and
construction should begin by September.
The town council will discuss allowing county fitness center members to
transfer to the town fitness center and the rates for members.
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:
Erie McFaddin Yes Roger Sword Yes
Carlton Elliott Yes Donnie Christian Yes
Scott Gilmer Absent Jarred Glass Yes
Tony Dodi Yes David Mullins Yes
Richard Lockridge Yes
MOTIONS FROM CLOSED SESSION
Upon motion made by Tony Dodi, second by Donnie Christian, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
authorize the chairman to apply for funding for Project “Brown” from all funding
sources, also authorizing the chairman to sign all document related to these
applications.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay: None
ATTORNEY’S REPORT
The New Market Tax Credit Financing for the Plasticap project is set to
close on July 10",
CHAIRMAN’S REPORT
The Contract for roofing the government center has been sign and
construction should be completed by the end of summer.
The project to construct the probation office has been approved and
construction should begin by September.
The town council will discuss allowing county fitness center members to
transfer to the town fitness center and the rates for members.
ADJOURNMENT
Upon motion made by Donnie Christian, second by Carlton Elliott, and duly
approved by the Industrial Development Authority of Russell County, Virginia
adjourning this meeting at 9:20 PM
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay:  None
ADJOURNMENT
Upon motion made by Donnie Christian, second by Carlton Elliott, and duly
approved by the Industrial Development Authority of Russell County, Virginia
adjourning this meeting at 9:20 PM
The Roll Call Vote was:
Aye: R. Lockridge, C. E
Absent: S. Gilmer
Nay: None
itt, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
July 29, 2020
A Special Called meeting of the Industrial Development Authority of
Russell County, Virginia was held on July 29, 2020 at 5:30 P.M. via conference
call pursuant to the Russell County Emergency Ordinance of April 6, 2020.
MEMBERS
PRESENT:    Ernie McFaddin, Chairman
Richard Lockridge, Vice Chairman  

Carlton Elliott, Secretary
Roger Sword, Member
Tony Dodi, Member
David Mullins, Member
Jarred Glass, Member
Donnie Christian, Member
ABSENT:  Scott Gilmer, Member
STAFF:  Nick Compton, Attorney
The Chairman called the meeting to order at 5:35 P.M.
Secretary called the roll and recorded the roll call.
CLOSED SESSION
Upon motion made by Richard Lockridge, second by Donnie Christian 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 Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay:  None
RECONVENE TO PUBLIC SESSION
Upon motion made by Donnie Christian, second by Tony Dodi, 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”.
July 29, 2020
A Special Called meeting of the Industrial Development Authority of
Russell County, Virginia was held on July 29, 2020 at 5:30 P.M. via conference
call pursuant to the Russell County Emergency Ordinance of April 6, 2020.
MEMBERS
PRESENT: Ernie McFaddin, Chairman
Richard Lockridge, Vice Chairman
Carlton Elliott, Secretary
Roger Sword, Member
Tony Dodi, Member
David Mullins, Member
Jarred Glass, Member
Donnie Christian, Member
ABSENT: Scott Gilmer, Member
STAFF: Nick Compton, Attorney
The Chairman called the meeting to order at 5:35 P.M.
Secretary called the roll and recorded the rolll call.
CLOSED SESSION
Upon motion made by Richard Lockridge, second by Donnie Christian 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 Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay: None
RECONVENE TO PUBLIC SESSION
Upon motion made by Donnie Christian, second by Tony Dodi, 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 Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: 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  Yes
      Roger Sword Yes 

Donnie Christian Yes
Jarred Glass  Yes
David Mullins Yes
Richard Lockridge Yes
MOTIONS FROM CLOSED SESSION
Upon motion made by Donnie Christian, second by Richard Lockridge, and
duly approved by the Industrial Development Authority of Russell County,
Virginia to approve the request from Honaker Wholesale for a $10,000.00 loan for
a term of 5 years at 2% interest. Also, authorizing the chairman to apply to USDA
for the funding and to sign all documents related to the loan process.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay:  None
Upon motion made by Tony Dodi, second by Donnie Christian, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
request $75,000.00 from the Board of Supervisors Covid-19 Funding to convert the
VCEDA Covid-19 loans to grants.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay:  None
The Roll Call Vote wa:
Aye: R. Lockridge,
Absent: S. Gilmer
Nay: None
ott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
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:
Emie McFaddin Yes Roger Sword Yes
Carlton Elliott Yes Donnie Christian Yes
Scott Gilmer Absent Jarred Glass Yes
Tony Dodi Yes David Mullins Yes.
Richard Lockridge Yes
MOTIONS FROM CLOSED SESSION
Upon motion made by Donnie Christian, second by Richard Lockridge, and
duly approved by the Industrial Development Authority of Russell County,
Virginia to approve the request from Honaker Wholesale for a $10,000.00 loan for
a term of 5 years at 2% interest. Also, authorizing the chairman to apply to USDA
for the funding and to sign all documents related to the loan process.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S, Gilmer
Nay: None
Upon motion made by Tony Dodi, second by Donnie Christian, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
request $75,000.00 from the Board of Supervisors Covid-19 Funding to convert the
VCEDA Covid-19 loans to grants.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay: None
Upon motion made by Donnie Christian, second by Jarred Glass, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
authorize the chairman to sign a resolution with First Bank and Trust allowing for
sort term financing for the Health Department Project until the tax-free revenue
financing can be completed.
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay:  None
Upon motion made by Donnie Christian, second by Jarred Glass, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approving the documents (Rent agreement, performance agreement, personal
guarantee), pending review of legal counsel, with Project “Trout” to procure the
funding from VCEDA.
The Roll Call Vote was:
Aye: R. Lockridge, T. Dodi, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay: R. Sword
Abstain: C. Elliott
ADJOURNMENT
Upon motion made by Donnie Christian, second by David Mullins, and duly
approved by the Industrial Development Authority of Russell County, Virginia
adjourning this meeting at 7:15 PM
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay:  None
Upon motion made by Donnie Christian, second by Jarred Glass, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
authorize the chairman to sign a resolution with First Bank and Trust allowing for
sort term financing for the Health Department Project until the tax-free revenue
financing can be completed.
The Roll Call Vote was:
‘Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay: None
Upon motion made by Donnie Christian, second by Jarred Glass, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approving the documents (Rent agreement, performance agreement, personal
guarantee), pending review of legal counsel, with Project “Trout” to procure the
funding from VCEDA.
The Roll Call Vote was:
‘Aye: R. Lockridge, T. Dodi, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay: R. Sword
Abstain: C. Elliott
ADJOURNMENT
Upon motion made by Donnie Christian, second by David Mullins, and duly
approved by the Industrial Development Authority of Russell County, Virginia
adjourning this meeting at 7:15 PM
The Roll Call Vote was:
Aye: R. Lockridge, C. Elliott, T. Dodi, R. Sword, D. Christian, D. Mullins, J. Glass
Absent: S. Gilmer
Nay: None
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