2021-10-14 IDA Agenda Packet

2021-10-14 IDA Agenda Packet

Document Date: October 14, 2021 Document: 2021-10-14_IDA_Agenda_Packet.pdf

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Agenda Packet

Thursday October 14, 2021 Russell County Conference Center

5:30 P.M.

1 IDA Russell County, VA

Agenda Packet Thursday October 14, 2021 Russell County Conference Center 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

October 14, 2021

AGENDA The Industrial Development Authority of Russell County Virginia has moved the

regular monthly meeting to the Russell County Conference Center on October 14, 2021 at

5:30 PM

Call to Order
Roll Call
Election of Officers
Approval of Minutes
Approval of Financial and Treasurer’s Report
Guest Presentations
Attorney’s Report
Executive Director’s Report
Old Business
New Business
Closed Session as permitted by Virginia Code #2.2-3711
Adjourn Meeting

Attachments: Minutes 9/09/21 Page 1 – Page 4 Minutes 09/30/21 Page 5 – Page 10 Invoices for Payment Page 11 – Page 22 Financial Reports Page 23 – Page 25

IDA Russell County, VA

Industrial Development Authority of Russell County, Virginia

October 14, 2021

AGENDA

The Industrial Development Authority of Russell County Virginia has moved the

regular monthly meeting to the Russell County Conference Center on October 14, 2021 at 5:30 PM

Call to Order

Roll Call

Election of Officers

Approval of Minutes

Approval of Financial and Treasurer’s Report Guest Presentations

Attorney’s Report

Executive Director’s Report

Old Business

New Business

Closed Session as permitted by Virginia Code #2.2-3711
Adjourn Meeting Attachments: Minutes 9/09/21 Page 1-Page 4 Minutes 09/30/21 Page 5 - Page 10 Invoices for Payment Page 11 - Page 22

Financial Reports Page 23 - Page 25

September 9, 2021

The Regular monthly meeting of the Industrial Development Authority of

Russell County, Virginia was held on September 9, 2021, at 5:30 P.M. at the

Russell County Conference Center.

MEMBERS

PRESENT: Ernie McFaddin, Chairman

Richard Lockridge, Vice Chairman

Carlton Elliott, Secretary

Roger Sword, Member

John Stamper, Member

Donnie Christian, Member

Tony Dodi, Member

ABSENT: Scott Gilmer, Member

Jarred Glass, Member

STAFF:

GUESTS:

The Chairman called the meeting to order at 5:34 P.M.

Secretary called the roll and recorded the roll call.

Upon motion made by Roger Sword, second by John Stamper and duly approved

by the Industrial Development Authority of Russell County, Virginia to allow

Richard Lockridge to participate in the meeting electronically pursuant to the

electronic meeting policies.

The Vote was:

Aye: C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Abstain: R. Lockridge

Nay: None

APPROVAL OF MINUTES

Upon motion made by Roger Sword, second by Tony Dodi and duly

approved by the Industrial Development Authority of Russell County, Virginia to

approve the minutes of the August 18, 2021 meeting.

Page 1

September 9, 2021 The Regular monthly meeting of the Industrial Development Authority of Russell County, Virginia was held on September 9, 2021, at 5:30 P.M. at the Russell County Conference Center.

MEMBERS

PRESENT: Ernie McFaddin, Chairman Richard Lockridge, Vice Chairman Carlton Elliott, Secretary Roger Sword, Member John Stamper, Member Donnie Christian, Member Tony Dodi, Member

ABSENT: Scott Gilmer, Member Jarred Glass, Member

STAFF:

GUESTS:

The Chairman called the meeting to order at 5:34 P.M. Secretary called the roll and recorded the roll call.

Upon motion made by Roger Sword, second by John Stamper and duly approved by the Industrial Development Authority of Russell County, Virginia to allow Richard Lockridge to participate in the meeting electronically pursuant to the electronic meeting policies.

The Vote was:

Aye: C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

Abstain: R. Lockridge

Nay: None

APPROVAL OF MINUTES Upon motion made by Roger Sword, second by Tony Dodi and duly approved by the Industrial Development Authority of Russell County, Virginia to approve the minutes of the August 18, 2021 meeting.

Page 1

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Nay: None

FINANCIAL REPORT

Upon motion made by Tony Dodi, second by Roger Sword, and duly

approved by the Industrial Development Authority of Russell County, Virginia to

approve the August 2021 financial reports and pay invoices presented.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Nay: None

PUBLIC/GUEST PRESENTATIONS

No presentations

ATTORNEY’S REPORT

No Report

CHAIRMAN’S REPORT

The Chairman reported the Attorney is preparing the deed for the property

being sold to Tommy Schrader.

The Attorney is reviewing the lease with the solar panels to be placed on the

Government Center. There are several concerns with the lease and no action is

taking place until the concerns are addressed.

The Dance studio has not moved out of the Acme Building as of this date,

however, the Attorney has just sent a letter to the Dance Company today.

The Chairman has a request for some letters of support.

Upon motion made by Richard Lockridge, second by Donnie Christian, and

duly approved by the Industrial Development Authority of Russell County,

Virginia authorizing the chairman to submit a letter of support to VATI for

Cumberland Plateau Planning District’s Broadband Project.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Page 2

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass Nay: None

FINANCIAL REPORT Upon motion made by Tony Dodi, second by Roger Sword, and duly approved by the Industrial Development Authority of Russell County, Virginia to approve the August 2021 financial reports and pay invoices presented.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

Nay: None

PUBLIC/GUEST PRESENTATIONS No presentations

ATTORNEY’S REPORT No Report

CHAIRMAN’S REPORT The Chairman reported the Attorney is preparing the deed for the property being sold to Tommy Schrader.

The Attorney is reviewing the lease with the solar panels to be placed on the Government Center. There are several concerns with the lease and no action is taking place until the concerns are addressed.

The Dance studio has not moved out of the Acme Building as of this date, however, the Attorney has just sent a letter to the Dance Company today.

The Chairman has a request for some letters of support.

Upon motion made by Richard Lockridge, second by Donnie Christian, and duly approved by the Industrial Development Authority of Russell County, Virginia authorizing the chairman to submit a letter of support to VATI for

Cumberland Plateau Planning District’s Broadband Project.

The Vote was: Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Page 2

Absent: S. Gilmer, J. Glass

Nay: None

Upon motion made by Richard Lockridge, second by Donnie Christian, and

duly approved by the Industrial Development Authority of Russell County,

Virginia authorizing the chairman to submit a letter of support to VCEDA for the

Three Rivers Destination Center.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Nay: None

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 enter Closed Session as permitted by, VA Code #2.2-3711 (1)

Personnel (3) Property (5) Prospective unannounced industry.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Nay: None

RECONVENE TO PUBLIC SESSION

Upon motion made by Donnie Christian, second by Roger Sword, 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, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

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.

Page 3

Absent: S. Gilmer, J. Glass Nay: None

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

Nay: None

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 enter Closed Session as permitted by, VA Code #2.2-3711 (1) Personnel (3) Property (5) Prospective unannounced industry.

The Vote was: Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

Nay: None

RECONVENE TO PUBLIC SESSION Upon motion made by Donnie Christian, second by Roger Sword, 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, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

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.

Page 3

The Roll Call Vote Was:

Ernie McFaddin Yes

Carlton Elliott Yes

Scott Gilmer Absent

Tony Dodi Yes

      Roger Sword Yes

Donnie Christian Yes

Jarred Glass Absent

John Stamper Yes

Richard Lockridge Yes

MOTIONS FROM CLOSED SESSION

Upon motion made by Richard Lockridge, second by Donnie Christian, and

duly approved by The Industrial Development Authority of Russell County,

Virginia directing the Attorney to draft a lease purchase agreement with Project

“Goat” for the Acme Building. The Chairman and Secretary are authorized to sign

all documents relating to this project.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Nay: None

Upon motion made by Tony Dodi, second by Richard Lockridge, and duly

approved by The Industrial Development Authority of Russell County, Virginia

directing the Secretary/Treasurer to advertise, in The Lebanon News, for an

Executive Director position. The advertisement should begin September 15, 2021

and close on September 24, 2021 at 4:00 PM. The applicant should submit a letter

of application with a resume attached and mail directly to the Secretary/Treasurer.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Nay: None

ADJOURNMENT

Upon motion made by Donnie Christian, second by John Stamper, and duly

approved by the Industrial Development Authority of Russell County, Virginia

adjourning this meeting at 8:26 PM to reconvene on September 30, 2021, at 5:30

PM at the Russell County Conference Center.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Nay: None

Page 4

The Roll Call Vote Was:

Emie McFaddin Yes Donnie Christian Yes Carlton Elliott Yes Jarred Glass Absent Scott Gilmer Absent John Stamper Yes Tony Dodi Yes Richard Lockridge Yes

Roger Sword Yes

MOTIONS FROM CLOSED SESSION Upon motion made by Richard Lockridge, second by Donnie Christian, and duly approved by The Industrial Development Authority of Russell County, Virginia directing the Attorney to draft a lease purchase agreement with Project “Goat” for the Acme Building. The Chairman and Secretary are authorized to sign all documents relating to this project.

The Vote was: Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

Nay: None

Upon motion made by Tony Dodi, second by Richard Lockridge, and duly approved by The Industrial Development Authority of Russell County, Virginia directing the Secretary/Treasurer to advertise, in The Lebanon News, for an Executive Director position. The advertisement should begin September 15, 2021 and close on September 24, 2021 at 4:00 PM. The applicant should submit a letter of application with a resume attached and mail directly to the Secretary/Treasurer.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

Nay: None

ADJOURNMENT Upon motion made by Donnie Christian, second by John Stamper, and duly approved by the Industrial Development Authority of Russell County, Virginia adjourning this meeting at 8:26 PM to reconvene on September 30, 2021, at 5:30 PM at the Russell County Conference Center.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

Nay: None

Page 4

September 30, 2021

The reconvened meeting of the Industrial Development Authority of Russell

County, Virginia was held on September 30, 2021, at 5:30 P.M. at the Russell

County Conference Center.

MEMBERS

PRESENT: Ernie McFaddin, Chairman

Richard Lockridge, Vice Chairman

Carlton Elliott, Secretary

Roger Sword, Member

John Stamper, Member

Donnie Christian, Member

Tony Dodi, Member

ABSENT: Scott Gilmer, Member

Jarred Glass, Member

STAFF: Katie Patton, Attorney

GUESTS:

The Chairman called the meeting to order at 5:34 P.M.

Secretary called the roll and recorded the roll call.

Upon motion made by Richard Lockridge, second by Tony Dodi and duly

approved by the Industrial Development Authority of Russell County, Virginia to

allow Donnie Christian to participate in the meeting electronically pursuant to the

electronic meeting policies.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi

Absent: S. Gilmer, J. Glass

Abstain: D. Christian

Nay: None

Upon motion made by Tony Dodi, second by Richard Lockridge and duly

approved by the Industrial Development Authority of Russell County, Virginia

amending the agenda to move Closed Session to item 3.

The Vote was:

Page 5

September 30, 2021 The reconvened meeting of the Industrial Development Authority of Russell County, Virginia was held on September 30, 2021, at 5:30 P.M. at the Russell County Conference Center.

MEMBERS

PRESENT: Ernie McFaddin, Chairman Richard Lockridge, Vice Chairman Carlton Elliott, Secretary Roger Sword, Member John Stamper, Member Donnie Christian, Member Tony Dodi, Member

ABSENT: Scott Gilmer, Member Jarred Glass, Member

STAFF: Katie Patton, Attorney

GUESTS:

The Chairman called the meeting to order at 5:34 P.M. Secretary called the roll and recorded the roll call.

Upon motion made by Richard Lockridge, second by Tony Dodi and duly approved by the Industrial Development Authority of Russell County, Virginia to allow Donnie Christian to participate in the meeting electronically pursuant to the electronic meeting policies.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi Absent: S. Gilmer, J. Glass

Abstain: D. Christian

Nay: None

Upon motion made by Tony Dodi, second by Richard Lockridge and duly approved by the Industrial Development Authority of Russell County, Virginia

amending the agenda to move Closed Session to item 3.

The Vote wi

Page 5

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Nay: None

The Chairman relinquished the Chair to the Vice-Chairman

CLOSED SESSION

Upon motion made by Donnie Christian, 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 (1) Personnel.

The Vote was:

Aye: C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Nay: None

RECONVENE TO PUBLIC SESSION

Upon motion made by Tony Dodi, second by John Stamper, 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. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

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 Call Vote Was:

Ernie McFaddin Abstain

Carlton Elliott Yes

Scott Gilmer Absent

Tony Dodi Yes

      Roger Sword Yes

Donnie Christian Yes

Jarred Glass Absent

John Stamper Yes

Richard Lockridge Yes

Page 6

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass Nay: None

The Chairman relinquished the Chair to the Vice-Chairman

CLOSED SESSION Upon motion made by Donnie Christian, 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 (1) Personnel.

The Vote was:

Aye: C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

Nay: None

RECONVENE TO PUBLIC SESSION Upon motion made by Tony Dodi, second by John Stamper, and duly approved by The Industrial Development Authority of Russell County, Virginia, the Chairman called the meeting back into regular ion and requested the “Certification Motion after reconvening in Public Session”.

The Vote was: ‘Aye: C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: 8. Gilmer, J. Glass

Nay: None

The Roll Call Vote Was:

Emie McFaddin Abstain Donnie Christian Yes Carlton Elliott Yes Jarred Glass Absent Scott Gilmer Absent John Stamper Yes Tony Dodi Yes Richard Lockridge Yes

Roger Sword Yes

Page 6

Upon motion made by John Stamper, second by Tony Dodi, and duly

approved by The Industrial Development Authority of Russell County, Virginia

offering the contract, drafted by the Attorney, as Executive Director to Ernest

McFaddin subject to his resignation from the IDA Board. Authorization is given to

the Vice-Chairman to sign the contract on behalf of the Authority.

The Vote was:

Aye: C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Nay: None

The Vice-Chairman relinquished the Chair to the Chairman.

CHAIRMAN’S REPORT

The Chairman discussed the solar project on the Government Center. These

issues will be addressed at future meetings.

The Chairman has a request for a seed capital grant for Southern Charm

Décor.

Upon motion made by Tony Dodi, second by Richard Lockridge, and duly

approved by The Industrial Development Authority of Russell County, Virginia

authorizing a letter of support to VCEDA seed capital grant program for Southern

Charm Décor.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Nay: None

Mr. Dodi has been approached by the soccer association to have the Town of

Lebanon upgrade the turf on the field behind the Government Center.

Upon motion made by John Stamper, second by Roger Sword, and duly approved

by The Industrial Development Authority of Russell County, Virginia giving the

Town of Lebanon the authority to improve the turf on the field behind the

Government Center.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Page 7

Upon motion made by John Stamper, second by Tony Dodi, and duly approved by The Industrial Development Authority of Russell County, Virginia offering the contract, drafted by the Attorney, as Executive Director to Ernest McFaddin subject to his resignation from the IDA Board. Authorization is given to the Vice-Chairman to sign the contract on behalf of the Authority.

The Vote was:

Aye: C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

Nay: None

The Vice-Chairman relinquished the Chair to the Chairman.

CHAIRMAN’S REPORT The Chairman discussed the solar project on the Government Center. These issues will be addressed at future meetings.

The Chairman has a request for a seed capital grant for Southern Charm Décor.

Upon motion made by Tony Dodi, second by Richard Lockridge, and duly approved by The Industrial Development Authority of Russell County, Virginia authorizing a letter of support to VCEDA seed capital grant program for Southern Charm Décor.

The Vote was: Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

Nay: None

Mr. Dodi has been approached by the soccer association to have the Town of Lebanon upgrade the turf on the field behind the Government Center.

Upon motion made by John Stamper, second by Roger Sword, and duly approved by The Industrial Development Authority of Russell County, Virginia giving the Town of Lebanon the authority to improve the turf on the field behind the Government Center.

The Vote was: Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

Page 7

Nay: None

CLOSED SESSION

Upon motion made by Richard Lockridge, second by John Stamper and duly

approved by the Industrial Development Authority of Russell County, Virginia to

enter Closed Session as permitted by, VA Code #2.2-3711 (1) Personnel (3)

Property (5) Prospective unannounced industry (7) and (8) Legal.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Nay: None

RECONVENE TO PUBLIC SESSION

Upon motion made by Richard Lockridge, 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 Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

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 Call Vote Was:

Ernie McFaddin Yes

Carlton Elliott Yes

Scott Gilmer Absent

Tony Dodi Yes

      Roger Sword Yes

Donnie Christian Yes

Jarred Glass Absent

John Stamper Yes

Richard Lockridge Yes

Page 8

Nay: None

CLOSED SESSION Upon motion made by Richard Lockridge, second by John Stamper and duly approved by the Industrial Development Authority of Russell County, Virginia to enter Closed Session as permitted by, VA Code #2.2-3711 (1) Personnel (3) Property (5) Prospective unannounced industry (7) and (8) Legal.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

Nay: None

RECONVENE TO PUBLIC SESSION Upon motion made by Richard Lockridge, 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 Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

Nay: None

The Roll Call Vote Was:

Ernie McFaddin Yes Donnie Christian Yes Carlton Elliott Yes Jarred Glass Absent Scott Gilmer Absent John Stamper Yes Tony Dodi Yes Richard Lockridge Yes

Roger Sword Yes

Page 8

MOTIONS FROM CLOSED SESSION

Upon motion made by Richard Lockridge, second by Donnie Christian, and

duly approved by The Industrial Development Authority of Russell County,

Virginia authorizing application to the Tobacco Commission, for improvements to

the Russell Place, in the amount of $303,500.00. The Vice-Chairman and Secretary

are authorized to sign all documents regarding this motion.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Nay: None

Upon motion made by Donnie Christian, second by Richard Lockridge, and

duly approved by The Industrial Development Authority of Russell County,

Virginia authorizing application to VCEDA for a full time Grant Writing position.

The Vice-Chairman and Secretary are authorized to sign all document regarding

this motion.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Nay: None

Upon motion made by Donnie Christian, second by John Stamper, and duly

approved by The Industrial Development Authority of Russell County, Virginia

promoting Heather Musick to a full-time position of grant writer and

administrative assistant.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Nay: None

ADJOURNMENT

The Chairman announce the regular October 2021 meeting of the IDA will

be held on October 14, 2021, at 5:30 PM at the Russell County Conference Center.

Page 9

MOTIONS FROM CLOSED SESSION Upon motion made by Richard Lockridge, second by Donnie Christian, and duly approved by The Industrial Development Authority of Russell County, Virginia authorizing application to the Tobacco Commission, for improvements to the Russell Place, in the amount of $303,500.00. The Vice-Chairman and Secretary are authorized to sign all documents regarding this motion.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

Nay: None

Upon motion made by Donnie Christian, second by Richard Lockridge, and duly approved by The Industrial Development Authority of Russell County, Virginia authorizing application to VCEDA for a full time Grant Writing position. The Vice-Chairman and Secretary are authorized to sign all document regarding this motion.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

Nay: None

Upon motion made by Donnie Christian, second by John Stamper, and duly approved by The Industrial Development Authority of Russell County, Virginia promoting Heather Musick to a full-time position of grant writer and administrative assistant.

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

Nay: None

ADJOURNMENT The Chairman announce the regular October 2021 meeting of the IDA will be held on October 14, 2021, at 5:30 PM at the Russell County Conference Center.

Page 9

Upon motion made by Donnie Christian, second by Tony Dodi, and duly

approved by the Industrial Development Authority of Russell County, Virginia

adjourning this meeting at 9:45 PM

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian

Absent: S. Gilmer, J. Glass

Nay: None

Page 10

Upon motion made by Donnie Christian, second by Tony Dodi, and duly approved by the Industrial Development Authority of Russell County, Virginia adjourning this meeting at 9:45 PM

The Vote was:

Aye: R. Lockridge, C. Elliott, R. Sword, J. Stamper, T. Dodi, D. Christian Absent: S. Gilmer, J. Glass

Nay: None

Page 10

Page 11

First Impressions 957 W. Main St. 276-889-1900 * 800-545-8995, www firstimpressionsflowers.net

SOLD TO: Russell County IDA 133 Highland Dr Suite 8 LEBANON.VA 24266

Lebanon, VA 24266

FIRST IMPRESSIONS 957 WEST MAIN STREET LEBANON, VA24266 276-889-1900

we,

INVOICE “AMOUNT REMITTED

DELIVERED TO: Stella Vencill

OWENS FUNERAL SVC 7 TATE ST

LEBANON, VA 24266

276-889-1212

ACCT.NO: 0003929 106044/1 PAYMENT: House 9/22/2021 2:59PM Detivery pate: Thu, 09/23/2021 CLERK: Kim Smith ‘ORDERED BY: DELIVERY TIME: copYNO: 1 PRINTED: 9/22/2021 2:59PM PRODUCT QUANTITY] — PRIGETUT [DISCOUNT | EXTENDED [6eDG - Dish Garden 1 50.00 50.00 CREDIT CARD INFORMATION | GARDIOCCASION Other area, eT op SUBTOTAL 50.00) Sales Tax 2.65| 52.65

Page 11

Page 12

Blevins Septic Service

Johnny on the 1762 Middle Vall Sed

Lebanon, VA 24266

(276) 889-4758

0 Rossel Co TDN 133. Ryland Dr. Guste B elainon VA ane

35530

well Save

DESCRIPTION sige \ Portable toilet vental BAA to. 4-4-2 aks LABOR hours | RATE | amount | Toracmareria.| 40 loo —_ == -™ oo ‘Thank ‘You ParEANOUNT= 1 Go lpg

Page 12

Page 13

120 David Martin LN

Turner Cleaning Service LLC Invoice 3 Q Dante, VA 24237 ‘\

Cleaning at: Lebanon Probation ase

Cleaning days: 8 $50 per cleaning Total Due: $400

Page 13

Page 14

“2b

TEC

A RGLEANING SERVICE

att /ARNER SUB-DIVISIG) igenne ies

101-6962,

AMOUNT:

Saplemba acne Creanng

150°

Erma

“45.08

TOTAL

Page 14

3a5,°°

Brun pat Sonn Socing

Page 15

Kestner Locksmith

P.O. Box 1448 Lebanon, VA 24266

Phone # (276) 889-4308

Website: www.kestnerlocksmith.com Email: [email protected]

received os 4fi3J2

Bill To

Russell County IDA P.O, Box 2378 Lebanon, VA 24266

Invoice Date twoice # on2021 1552

Commercial/Residential/Automotive

High Security Locks

Masterkey Systems

Access Control Systems Safe Servicing & Repair

‘Automotive Keys and Remotes

Security Cameras VA Lic # 11-5767

P.O. No. Terms Project Net 30 Item Quantity Description Rate ‘Amount

SCOT 1 Service Call, Social Services, Back Door 30.00 30.00 Labor 6 50.00 300.00 HES-9400-12/24. 1 420.00 420.007 Sebury-R3-HA&EM 1| Sebury 125 KHZ Reader, R3 132.00 132.007 DON-J0-7114-628 14X16 Pull Plate 50.60 50.60 Tax Exempt 0.00% 0.00

Total $952.60

Page 15

Page 16

CHaArIN LAw Firm, P. Cc.

ATTORNEYS AT LAW

A. Benton Chafin, Jr. (1985-2020) P.O. Box 1210 44 E. Main Street M. Katherine Patton (VA) AP Lebanon, VA 24266 Phone: (276) 889-0143 Jennifer A. Baker (VA & TN) Fax: (276) 889-1121 Fax: (276) 889-1130 Nicholas B. “Nick” Compton (VA) Website: https://www.chafinlaw.com

September 28, 2021

Russell County Industrial Development Authority

P. O. Box 2378

Lebanon, VA 24266

RE: Billing from August 17, 2021 througt September 28, 2021 Dear Sir/Madam:

Enclosed, herewith is a statement for services rendered in the amount of $3,036.33.

“Billing may not be complete through te date listed above.

PLEASE PAY THIS AMOUNT:

$ 3,036.33 |

Ifyou have any questions, please do no- hesitate to contact me.

Very trtly yours, CHAFIN LAW FIRM, P.C.

» ) Katheucdtonn)s

M. KATHERINE PATTON

Encl. (As noted)

Word/IDA/Cover Letter for 08-47-21 ~ 09-28-21 Bill go® 1°

Page 17

BILLING FOR RUSSELL COUNTY IDA

(AuGusT 17, 2021 THROUGH SEPTEMBER 28, 2021)

Cleveland School Property 21-G-2054.91 $ 960.00 General File 92-G-2054 $ 2,076.33

TOTAL $ 3,036.33

‘Word/IDA/Breakdown for August 17, 202: through September 28, 2021 B ling

Page 17

Page 18

Chafin Law Firm, P.C.

P.O. Box 12:0 44 E Main Street Lebanon, VA 24266

Telephone: 276-889-0143 Fax: 276-889-1121

September 28, 2021

RUSSELL COUNTY INDUSTRIAL Invoice No. $1261 DEVELOPMENT AUTHORITY

P.O. BOX 2378

LEBANON, VA 24266

Client Number: 21-G-2054,91 IDA.CLEVELAND SCHOOL PROPERTY Matter Number: 21-G-2054.91 IDA.CLEVELAND SCHOOL PROPERTY

For Services Rendered Through 9/28/2021.

Fees Date Timekeeper Description Hours = Amount 8/18/2021 KP8 Prepared a Draft Lease. 3.00 $450.00 8/19/2021 KP8 ‘TF with Chairman and ~onzo; numerous 2.50 $375.00 e-mails with various perties; several revisions to lease 8/31/2021 RS3 Assist attorney in lease preparation, phone calls 1.50 $135.00 and e-mails

Billable Hours / Fees: 7.00 $960.00

Timekeeper Summary

‘Timekeeper KP8 worked 5.50 hours at $150 00 per hour, totaling $825.00. Timekeeper RS3 worked 1.50 hours at $90.0 per hour, totaling $135.00.

Continued On Next Page

Page 18

Page 19

Client Number: Matter Number:

21-G-2084.91 21-6-2084.91 Current Invoice Summary Prior Balance: $0.00 Payments Received: $0.00 Unpaid Prior Balance: 30,00 3960.00 $0.00 TOTAL AMOUNT DUE: 960,00"

Thank You for Letting Us Serve You Payment Due Upon Eeceipt.

Page 19

9/28/2021

Page:

Page 20

RUSSELL COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY

P.O. BOX 2378

LEBANON, VA 24266

Chafin Law Firm, P.C.

P.O. Box 12.0 44 E Main Street Lebanon, VA 24266 Telephone: 276-8&9-0143 Fax: 276-889-1121

September 28, 2021 Invoice No, $1262

Client Number: 92-G-2054 IDA.GENERAL FILE

Matter Number: 92-G-20S4 IDA.General File For Services Rendered Through 9/28/2021.

Date 8/18/2021

8/18/2021 8/18/2021

9/8/2021

9/18/2021

9/24/2021 9/27/2021

‘Timekeeper

KPS RS3

KPS

RS3

KPS KP8

Fees

Description Review agenda for August meeting

Phone call with Chainran

‘August monthly meeting; preparation for meeting

Reviewed and made Revisions to Lease ‘Agreement, Research, Revised Bylaws. TF with Chairman, E-mail to Chairman

Research through file; phone call with Chairman; e-mail various documents to Chairman

Telephone call with Board member

Research, Review of Contract. TF with Board Member.

Billable Hours / Fees

Hours 0.20

0.30 5.30

6.00

1.00

0.30 1.00

14.10

Amount $30.00

$27.00 $795.00

$900.00

$90.00

$45.00 $150.00

$2,037.00

Timekeeper Summary

Timekeeper KP worked 12.80 hours at $150 00 per hour, totaling $1,920.00,

‘Timekeeper RS3 worked 1.30 hours at $90.00 per hour, totaling $117.00.

Cost Detai!

Continued On Next Ps

Page 20

Page 21

Client Number: 92-G-2054 9/28/2021 Matter Number: 92-G-2054 Page: 2 Description Amount ‘Check No, 8/18/2021 Photocopies - (64 @ $0.50 each) = $32.00 $32.00 9/9/2021 Miscellaneous cost - Certified Letter: $7.33 $7.33 Total Costs $39.33, Payment Detail Date ‘Description Amount 9/13/2021 Check Number 6138 against Invi 50927 (8933.00)

Total Payments Received: ($933.00)

Current Invoice Sammary Prior Balance: $933.00

Payments Received: (3933.00) Last Payment: 9/13/2021 ‘$0.00 $2,037.00 $39.33

$2,076.33

‘Thank You for Letting Ur Serve You. Payment Due Upon Eeceipt

Page 21

^^rinters • ̂Jiiblisljera P.O. Box 1268

Lebanon, Virginia 24266 (276) 889-2112

5 Q. DATE DATE

*n ®

Ji 09/30/21 ACCOUNT NUMBER

IDA

09/30/21 ACCOUNT NUMBER

IDA

HSE HSEa

IDA OF RU’SSELL COU

To insure proper credit please check those items being paid in the V" column and return this

portion of the statement with your payment.

Copy No. 1z t

S LU

n IDA OF RUSSELL COUNTY

MIKE OWENS

POB 505

LEBANON VA 2^266-0505

o I

< m LU

PAGE NO. 1

REFERENCE DATE DESCRIPTION AMOUNT BAUNCE REFERENCE CODE AMOUNT yCODE

09/15/21 DA 9 AS . 15 138931 DA 48.15ri SKILLED CANDIDATE 48.15138931

PLEASEC-CR MEMO

D-DR MEMO

A-DISCOUNT

ALLOWED

F-FINANCE

CHARGE

P-PAYMENT

l-INVOICE TOTALCODES 48.15 48.15 PAY

30 DAYS 60 DAYS 90 DAYS 120 DAYS THE LEBANON NEWS, INC.

'10 . 00 ’ .00. 00

Page 22

vw “TE enmiourewsine sie

The Lebanon Nets, Bue.

STATEMENT

Printers © Publishers DATE P.O. Box 1268 09/30/21 09/30/21 Lebanon, Virginia 24266 ‘ACCOUNT NUMBER ‘ACCOUNT NUMBER, (276) 889-2112 I0A HSE IOA HSE Copy No. 1 IDA OF RUSSELL COU To insure proper crect 5 please check those tems IDA OF RUSSELL COUNTY panes cack Ries MIKE OWENS column and return this POB 505 Potion ofthe sintement 7 with your payment LEBANON VA 24266-0505, —— . REFERENCE Date [cone DESCRIPTION ‘AMOUNT BALANCE | REFERENCE [coor] AMOUNT 138931 9/15/21 DA 9" SKILLED CANDIDATE 48.15 48.15 138931 DA 48.15 SRENT | ABSGOINT | ERRUEE PLEASE CODES GSAMEMO _nNWKe _“ALOWED (CHARGE =e 48.15 TOTAL 48.15 30DAYS GODAYS: ORE: I I 120 pays ‘THE LEBANON NEWS, INC. On ‘aa _ OO Aan

Bank Code:

Comment/

Check Payee Name

111,106.04

9/1/2021 Check First Bank & Trust Company 5,764.59 105,341.45

9/2/2021 Check Chad Newberry Construction 10,241.94 95,099.51

9/2/2021 Check Sign Shop 550.00 94,549.51

9/2/2021 Check VCC Bank 11,820.23 82,729.28

9/2/2021 Check Virginia Small Business 5,287.86 77,441.42

9/3/2021 Deposit CASH RECEIPT DEPOSIT 1,705.00 79,146.42

9/7/2021 Check Treasurer of Virginia 10,750.00 68,396.42

9/7/2021 Check Blevins Septic Service 90.00 68,306.42

9/7/2021 Check Chafin Law Firm, PC 1,125.00 67,181.42

9/7/2021 Check Dominion Office Products 7.58 67,173.84

9/7/2021 Check DR Price Engineering 2,322.50 64,851.34

9/7/2021 Check Carlton Elliott 459.96 64,391.38

9/7/2021 Check Hungate Business Services 89.02 64,302.36

9/7/2021 Check Innovative Technology 337.50 63,964.86

9/7/2021 Check Kestner Locksmith 463.00 63,501.86

9/7/2021 Check Moody Sprinkler Company, 1,050.00 62,451.86

9/7/2021 Check Susan’s Cleaning Service Inc 825.00 61,626.86

9/7/2021 Check Turner Cleaninig Service LLC 450.00 61,176.86

9/7/2021 Check United Refrigeration Inc. 625.39 60,551.47

9/7/2021 Check First Bank & Trust Company 1,968.32 58,583.15

9/8/2021 Check American Electric Power 740.09 57,843.06

9/9/2021 Check Bonanza 157.21 57,685.85

9/11/2021 Check 0.00 57,685.85

9/11/2021 Check Roger D. Sword 184.70 57,501.15

9/11/2021 Check Carlton Elliott 688.38 56,812.77

9/11/2021 Check Ernest McFaddin 4,733.33 52,079.44

9/11/2021 Check Richard Lockridge 184.70 51,894.74

9/11/2021 Check Donnie Christian 184.70 51,710.04

9/11/2021 Check John M. Stamper 184.70 51,525.34

9/11/2021 Check Heather W. Musick 989.86 50,535.48

9/13/2021 Check First Bank & Trust Company 1,979.81 48,555.67

9/13/2021 Check Internal Revenue Service 2,718.71 45,836.96

9/15/2021 Deposit CASH RECEIPT DEPOSIT 37,993.75 83,830.71

9/15/2021 Deposit Deposit 20,395.39 104,226.10

9/15/2021 Check Treasurer of Virginia 8,742.01 95,484.09

9/15/2021 Check Virginia Coalfield Economic 12,441.66 83,042.43

9/20/2021 Deposit Deposit - Grant for I-Go 72,183.11 155,225.54

9/21/2021 Deposit CASH RECEIPT DEPOSIT 24,674.94 179,900.48

9/21/2021 Check I-Go Technology 72,183.11 107,717.37

9/21/2021 Check 252.12 107,465.25

9/22/2021 Deposit CASH RECEIPT DEPOSIT 975.00 108,440.25

9/22/2021 Check Russell County Reclamation, 6,986.50 101,453.75

9/22/2021 Check Town of Lebanon VA 4.20 101,449.55

9/29/2021 Check First Bank & Trust Company 693.83 100,755.72

9/30/2021 Interest Bank Stmnt 4.34 100,760.06

9/30/2021 Check VCC Bank 32,960.20 67,799.86

Ending 67,799.86

W000000062

0000006157

Tri-Cities/Southwest Virginia

Regional Group

0000006156

W000000061

0000006154

0000006155

0000006151

0000006152

0000006150

W000000059

W000000060

0000000025

0000000026

0000000027

0000000021

0000000022

0000000023

0000000024

W000000049

W000000058

0000002512

0000006146

0000006147

0000006148

0000006143

0000006144

0000006145

0000006140

0000006141

0000006142

0000006137

0000006138

0000006139

0000006134

0000006135

0000006136

W000000057

0000006132

0000006133

Document

Amount

Bank

Balance

Beginning Balance:

Bank Recap Report

For All Document Types

Document Date Range: From: 9/01 To: 09/30

Industrial Development Authority of Russell County (IDA)

FB&T Operating Account

Document/

Check

Document

Type

Check

Number

Page 23

Bank Recap Report For All Document Types Document Date Range: From: 9/04 To: 09/30

Industrial Development Authority of Russell County (IDA)

BankCode: FAST Operating Account Document’ Document Check comment Document ane check Type Number ‘Chack Payee Name ‘Amount salance Beginning Balance: 111,106.04 grir2021 Check w000000 First Bank & Trust Company 576459 105,341.45 ‘272021 Check 00000081: Chad Newberry Construction 10,241.94 95,099.51 ‘272021 Check 00000081. Sign Shop 550.00 94,549.51 ‘22021 Check 00000081 VCC Bank 11,82023 82,729.28 ‘272021 Check 00000081: Virginia Small Business 528786 © 77,481.42 ‘3/2021 Deposit CASH RECEIPT DEPOSIT 1,705.00 79,148.42 772021 Check 00000061: Treasurer of Virginia 10,750.00 68,396.42, 72021 Check 00000081, Blevins Septic Service 90.00 68,306.42 772021 Check 00000081 Chafin Law Firm, PC 1,125.00 67,181.42 712021 Check 00000081 Dominion Office Products 788 67,173.84 72021 Check 00000081. DR Price Engineering 2.92250 64,851.34 772021 Check 00000087. Carlton Eliott 459.98 64,301.38 712021 Check 00000061. Hungate Business Services 89.02 64,302.36 72021 Check 00000067 Innovative Technology 337.50 63,964.86 72021 Check 00000081. Kestner Locksmith 463.00 63,501.86 7712021 Check 00000081. Moody Sprinkler Company, 1,050.00 62,451.86 7712021 Check 00000081. Susan’s Cleaning Service Inc 825.00 61,626.86 712021 Check 00000087. Tuer Cleaninig Service LLC 450,00 61,175.86 712021 Check 00000087. United Refrigeration Inc. 62539 60,551.47 712021 Check WO00000 First Bank & Trust Company 1,968.32 58,583.15 ‘ar2021 Check W000000 American Electric Power 740.09 57,843.06 ‘9/2021 Check 00000025 Bonanza 187.21 57,685.85 ‘9/11/2021 Check 00000000 0.00 57,685.85 9/11/2021 Check 00000000. Roger D. Sword 18670 57,501.15 9/11/2021 Check 00000000. Cariton Eliott 688.38 © 56,812.77 9/11/2021 Check 00000000 --Emest McFaddin 473333 52,079.44 9/11/2021 Check 00000000. Richard Lockridge: 18470 51,894.74 ‘9/11/2021 Check 00000000. Donnie Christian 18670 51,710.04 9/11/2021 Check 00000000. John M. Stamper 18470 51,525.34 9/11/2021 Check 00000061 Heather W. Musick 989.86 © 50,535.48 9/132021 Check W000 ‘First Bank & Trust Company 1973.81 48,555.67 9/1372021 Check 000000 Internal Revenue Service 2718.71 45,836.96 9/1572021 Deposit CASH RECEIPT DEPOSIT 3793.75 83,830.71 9/1572021 Deposit Deposit 20,395.39 104,226.10 9/152021 Check 000000611 Treasurer of Virginia 8,742.01 95,484.09 9/1512021 Check 00000061. Virginia Coatfeld Economic 12asies 83,042.43, 972072021 Deposit Deposit - Grant for Go 72,183.11 155,225.54 972172021 Deposit CASH RECEIPT DEPOSIT 24,674.94 179,900.48 9/21/2021 Check 00000061. --Go Technology 72,183.11 107,71737 @y7imn71 hark —ANNANNET: —_‘Tr-Citas/Southwest Virginia 5919 an7aRS 95 972212021 Deposit CASHRECEIPT DePosiT 975.00 108,440.25 9/22/2021 Check 00000061 Russell County Reclamation, 6,986.50 101,453.75, 9/22/2021 Check 000000 ~—Town of Lebanon VA, 420 101,449.55 972972021 Check WO0000% First Bank & Trust Company 693.83 100,798.72 9/3072021 Interest Bank Stmnt 4.34 100,760.06 973072021 Check 000000611 VCC Bank 32,960.20 67,799.86 Ending «67,799.86

Page 23

Bank Code:

Comment/

Check Payee Name

48,399.71

9/8/2021 Check Debit Card Purchase 60.51 48,339.20

9/10/2021 Deposit Draw from Probation Loan 186,000.00 234,339.20

9/10/2021 Check First Bank & Trust Company 186,000.00 48,339.20

9/15/2021 Deposit Deposit 28,344.09 76,683.29

9/15/2021 Deposit Deposit 47,485.00 124,168.29

9/15/2021 Check Chad Newberry Construction 23,041.67 101,126.62

9/15/2021 Check DR Price Engineering 5,302.50 95,824.12

9/22/2021 Check 0.00 95,824.12

9/22/2021 Check Waco, Inc 93,000.00 2,824.12

9/23/2021 Deposit Draw from VDH Loan 46,500.00 49,324.12

9/30/2021 Interest Bank Stmnt 2.12 49,326.24

Ending 49,326.24

0000001144

0000001141

0000001142

0000001143

W000000064

W000000063

Document

Amount

Bank

Balance

Beginning Balance:

Bank Recap Report

For All Document Types

Document Date Range: From: 9/01 To: 09/30

Industrial Development Authority of Russell County (IDA)

FB&T - Projects

Document/

Check

Document

Type

Check

Number

Page 24

Bank Recap Report For All Document Types Document Date Range: From: 9/04 To: 09/30

Industrial Development Authority of Russell County (IDA)

BankCode; — FRET-Projats Document’ Document Check Comment check Type Number Check Payee Name 48,399.71 ‘yara021 Check 000000 Debit Card Purchase 60.51 48,339.20 911072021 Deposit, Draw from Probation Loan 186,000.00 234,339.20 ‘911072021 Check WO00000 First Bank & Trust Company 186,000.00 48,339.20 97152021 Deposit Deposit 28,344.09 76,683.29 91152021 Deposit Deposit 47,485.00 124,168.29 9/15/2021 Check 00000011 Chad Newberry Construction «23,041.67 101,126.62 9/152021 Check 00000011: DR Price Engineering 530250 96,824.12 9/22/2021 Check 00000011 0.00 95,824.12 9122/2021 Check 00000011» Waco, Inc 93,000.00 2,824.12 91232021 Deposit Draw from VDH Loan 46,500.00 49,324.12 973072021 Interest Bank Stmnt 212 49,326.24 Ending 49,326.24

Page 24

Bank Code:

Comment/

Check Payee Name

101,220.01

9/30/2021 Interest Bank Stmnt 20.80 101,240.81INTEREST

Reference

Number

Document

Amount

Bank

Balance

Beginning Balance:

Bank Recap Report

For All Document Types

Document Date Range: From: 9/01 To: 09/30

Industrial Development Authority of Russell County (IDA)

Savings

Document/

Check

Document

Type

Check

Number

Page 25

Bank Recap Report For All Document Types Document Date Range: From: 9/04 To: 09/30

BankCode: —Savinge Document) Documant Check Reference check Type Number Number 973012021 Interest INTEREST