2022-01-20 IDA Agenda Packet

2022-01-20 IDA Agenda Packet

Document Date: January 20, 2022 Document: 2022-01-20_IDA_Agenda_Packet.pdf

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 January 20, 2022 Russell County Conference Center

5:30 P.M.

1 IDA Russell County, VA

Agenda Packet Thursday January 20, 2022 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

January 20, 2022

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

regular monthly meeting to the Russell County Conference Center on January 20, 2022 at

5:30 PM

Call to Order
Roll Call
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 Page 1 – 2

Invoices Page 3 – 9 Financials Page 10 – 13

1 IDA Russell County, VA

Industrial Development Authority of Russell County, Virginia

January 20, 2022

AGENDA

The Industrial Development Authority of Russell County Virginia has moved the regular monthly meeting to the Russell County Conference Center on January 20, 2022 at 5:30 PM

Call to Order

Roll Call

Approval of Minutes

Approval of Financial and Treasurer’s Report

Attorney’s Report Executive Director’s Report Old Business . New Business 10. Closed Session as permitted by Virginia Code #2.2-3711 11. Adjourn Meeting

1 2. 3. 4. 5. Guest Presentations 6. 7. 8. 9.

Attachments: Minutes Page 1-2 Invoices Page 3-9

Financials Page 10-13

December 2, 2021

The Regular monthly meeting of the Industrial Development Authority of

Russell County, Virginia was held on December 2, 2021, at 5:30 P.M. at the

Russell County Conference Center.

MEMBERS

PRESENT: Richard Lockridge, Chairman

Tony Dodi, Vice Chairman

Carlton Elliott, Secretary

Harry Ferguson, Member

John Stamper, Member

Donnie Christian, Member

DeAnna Jackson, Member

Roger Sword, Member

Jarred Glass, Member

ABSENT: None

STAFF: Ernie McFaddin, Executive Director

Katie Patton, Attorney

GUESTS:

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

Secretary called the roll and recorded the roll call.

APPROVAL OF MINUTES

Upon motion made by Roger Sword, second by Jarred Glass and duly

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

approve the minutes of the November 17, 2021 meeting.

The Vote was:

Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson

R. Sword, J. Glass

Nay: None

Page 1

December 2, 2021 The Regular monthly meeting of the Industrial Development Authority of Russell County, Virginia was held on December 2, 2021, at 5:30 P.M. at the Russell County Conference Center.

MEMBERS

PRESENT: Richard Lockridge, Chairman Tony Dodi, Vice Chairman Carlton Elliott, Secretary Harry Ferguson, Member John Stamper, Member Donnie Christian, Member DeAnna Jackson, Member Roger Sword, Member Jarred Glass, Member

ABSENT: None

STAFF: Emie McFaddin, Executive Director Katie Patton, Attorney

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

APPROVAL OF MINUTES

Upon motion made by Roger Sword, second by Jarred Glass and duly approved by the Industrial Development Authority of Russell County, Virginia to approve the minutes of the November 17, 2021 meeting.

The Vote was:

Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson R. Sword, J. Glass

Nay: None

Page 1

FINANCIAL REPORT

Upon motion made by Harry Ferguson, second by John Stamper, and duly

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

approve paying invoices presented.

The Vote was:

Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson

R. Sword, J. Glass

Nay: None

EXECUTIVE DIRECTOR’S REPORT

The Executive Director presented photos of Project “Reclaim”.

The Executive Director updated the board about the progress of current

projects.

The Chairman called a recess for the evening meal at 6:15 PM.

The Chairman called the meeting back to order at 7:20 PM.

ADJOURNMENT

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

approved by the Industrial Development Authority of Russell County, Virginia

scheduling the next regular meeting for January 20, 2022 at 5:30 PM in SWCC’s

Jefferson Room.

The Vote was:

Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson

R. Sword, J. Glass

Nay: None

Upon motion made by Tony Dodi, second by Jarred Glass, and duly

approved by the Industrial Development Authority of Russell County, Virginia

adjourning this meeting at 7:30 PM.

The Vote was:

Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson

R. Sword, J. Glass

Nay: None

Page 2

FINANCIAL REPORT Upon motion made by Harry Ferguson, second by John Stamper, and duly approved by the Industrial Development Authority of Russell County, Virginia to approve paying invoices presented.

The Vote was:

Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson R. Sword, J. Glass

Nay: None

EXECUTIVE DIRECTOR’S REPORT The Executive Director presented photos of Project “Reclaim”.

The Executive Director updated the board about the progress of current projects.

The Chairman called a recess for the evening meal at 6:15 PM. The Chairman called the meeting back to order at 7:20 PM.

ADJOURNMENT Upon motion made by Donnie Christian, second by Tony Dodi, and duly approved by the Industrial Development Authority of Russell County, Virginia scheduling the next regular meeting for January 20, 2022 at 5:30 PM in SWCC’s Jefferson Room.

The Vote was:

Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson R. Sword, J. Glass

Nay: None

Upon motion made by Tony Dodi, second by Jarred Glass, and duly approved by the Industrial Development Authority of Russell County, Virginia adjourning this meeting at 7:30 PM.

The Vote was:

Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson R. Sword, J. Glass

Nay: None

Page 2

Thank you for your business.

Innovative Technology Solutions

1158 Thackers Branch Road Honaker, VA 24260 [email protected]

INVOICE BILL TO

Russell County IDA

INVOICE # 3054 DATE 12/15/2021

DUE DATE 01/14/2022 TERMS Net 30

DESCRIPTION QTY RATE AMOUNT

Josh Hill 12/2/21-Rebooted Zyxel for Carlton.

0:30 75.00 37.50

BALANCE DUE $37.50

Page 3

Innovative Technology Solutions 1158 Thackers Branch Road

Innovative Technology Honaker, VA 24260

souitons musick jacob@ gmail.com BILLTO INVOICE # 3054 Russell County IDA DATE 12/15/2021 DUE DATE 01/14/2022 ‘TERMS Net 30

DESCRIPTION ary RATE AMOUNT Josh Hill 0:30 75.00 37.50 12/2/21-Rebooted Zyxel for Cariton.

BALANCE DUE $37. 50

Thank yd &€fuBousiness.

Page 4

CONTRACT INVOICE

HUNGATE BUSINESS SERVICES

imagine. improve. innovate

Invoice Number: 193634

Invoice Date: 1/6/2022

Account Number: RCO7

Balance Due: $47.52

Bill To: Russell County IDA Customer: Russell County IDA P.O. Box 2378 135 Highland Dr. Lebanon, VA 24266

Lebanon, VA 24266

[Balance Due | ail $ 47.52 |

Payaent Teresi 30 Days from invoice _ |

ee - Invoice Remarks _ } Contract Number [Contact| Contract Amount | _P… Number | Start Date | Exp. Date 193804 Eine MeFaddn (276) 971-0690 | —$4752 —~sygraoa1 | 3/6/2022 t <r Contract Remarks a sae ‘Summary: Contract base rate charge fortis biting period $0.00 Contract overage charge forthe 12/9/2021 to 1/8/2022 overage period 752" Detail: Equipment included under this contract Xerox/7835 ‘Serial Number Base Adj. Location —wati93363-——SCSCSCS:*C 8000" VIDA 135 Highand or tebanon, VA 28266 Meter Type Meter Group ein Meter_End Meter Total Covered Bulavle __Rate___Overage ‘aw Baw 149,859 150,290 381 ° 3810015700 ——«6.14 olor Color 982 M378 396 0 396 01095004138 752 Effective June 1, 2012 a 1.5% finance charge per month will accrue after 30 days. > “woke Subtotal: 7 Exempt | Total Tax: Invoice Total

209 N. Chestnut St. Marion, VA_24354__ 276-783-5442. PS $4-1375633 age Page 1 of 1

Page 5

HUNGATE BUSINESS SERVICES

CONTRACT INVOICE

imagine. improve. innovate Invoice Number: 192163 Invoice Date: 12/7/2021 ‘Account Number RCO? Balance Due: $100.06 Bill To: Russell County IDA Customer: Russell County IDA P.O, Box 2378 135 Highland Dr. Lebanon, VA 24266 epanon, VA «20266 Payment = Tnvoice Total] Balance Due ROOT 30 Days from invoice | 1/6/2022 $ 100.06 $ 100.06 E Trvoice Remarks Contract Number Contact Contract Amount | _ P.O. Number Start Date Exp. Date 1939-04 Emie McFaddin (276) 971-0690 $ 100.06 3/9/2021 | _3/8/2022 more “Contract Remarks a al Summary: ‘Contract base rate charge for this bling period $0.00 Contract overage charge for the 11/9/2021 to 12/8/2021 overage period $100.06 ** Detail: Equipment included under this contract Xerox/7835 Number Serial Number Base Adj, Location a 3100 MX1193363, $0.00 Russell County IDA 135 Highland Dr. ae Lebanon, VA 24266 Meter Type Meter Group Begin Meter__End Meter Total Covered Bilable___Rate__Overage BW aw 149,470 149,899, 429 0 429 0.015700 $6.74 Color Color 33,089 33,982 893, 0 893 0.104500 $93.32 $100.06 Effective June 1, 20122 1.5% fnance charge per month will accrue after 30 days. Teas anes Exempt $0.00 Total Tax: $0.00 | Invoice Total: $100.06 209 N. Chestnut St. Marion, VA 24354 _ 276-783-5442 = S41 905633 Pages’ page of

Page 6

HUNGATE BUSINESS SERVICES CONTRACT

imagine. improve. innovate Number: 2353 Date: 12/22/2021 ‘Account Number: RCO7 Balance Due: $501.60 Bill To: Russell County IDA Customer: Russell County IDA P.O. Box 2378 135 Highland Dr. Lebanon, VA 24266 Lebanon, VA 24266 [Aecount No [__PaymentTerms | DueDate ‘| Total [Balance Due | RCO? 30 Days from invoice 1/21/2022 $ 501.60 l $ 501.60 Tnvoice Remarks J GiGneaet Newbee os EE oy LN ee 1939.05 | Erie MeFedsin 276) 971-0690 | _$ 501.60 37972002 _| [ca ES = sis Consrct Rarer ie Summary: Contract base rate charge for the 3/9/2022 to 3/8/2023 billing period $501.60 Contract overage charge for this overage period $0.00°* Detail: Equipment included under this contract Xerox/7835 Number Serial Number Base Adj. Location = _ 8100 Mx1193363, $0.00 Russell County IDA 135 Highland Dr. Lebanon, VA 24266 Meter Type _ Meter Group Covered Rate Bw BW 0 0.017300 Color Color 0 0.115000

Effective June 1, 2012 a 1.5% finance charge per month will accrue after 30 days. Tae oo area

$0.00 $0.00 $501.60

209 N. Chestnut St. Marion, VA_24354__ 276-783-5442

Pages™

Page 1 of 1

Page 7

cl |

DOMINION

OFFICE

PRODUCTS

INVOICE

SUITE 8

INDUSTRIAL DEV AUTHORITY OF RUSSELL CO VA 133 HIGHLAND DRIVE

LEBANON, VA 24266 Phone: 276-873-6126 Fax: 276-873-6213

Bill-To Address

281 W. Main Street P.O. Box 760

Lebanon, VA 24266

Fax: 276-889-5763

Phone: 276-889-0481

Toll Free: 800-688-0481 www.dominionofficepraducts.com [] Dominion Office Products

Invoice Number 138778 12/13/2021

Ship-To Address

INDUSTRIAL DEV AUTHORITY OF RUSSELL CO VA.

133 HIGHLAND ORIVE LEBANON, VA 24266

Order Taner Wi [Sales Rep: HOUSE HOUSE] GAVIN/ WEDNESDAY [Terms. Net 30

Item # Description vom ty Filed GPCB9460 TOWEL,PPR,ROLL,ENMOTION, 10° 00006 1 T RUCT 'S0L26824 LoCor Bath Tissue - 2 Ply = 3.85" x 4.05°- 1500 00018 1 1

Sheets/Roll - White - Fiber - Eco-friendly, Soft- RL/CT

For Hand - 18 / Carton

Subtotal: FREIGHT COST Tax

Total

Received Byij_————sss

Customer

List Price roe Total $110.54 $86.00 $86.00 $73.52 $57.00 $57.00 $184.06 $143.00 $0.00

$0.00

$143.00

ALL RETURNS must be made within 15 days from date of invoice.

AEINANCE charge of 1.5% will B

age 7

added to all unpaid invoices over 30 days old.

Page 8

RUSSELL COUNTY CONFERENCE CENTER

P.O. Box 1208 ¢ Lebanon, VA 24266 @ Office: 276-889-8221 # Cell: 276-254-0153 Email: [email protected]

INVOICE

Date: 12/03/21 Name: Russell County IDA.

Event: Russell County IDA Board Meeting Date of Event: 12/03/21

Room: $0

Technology Fee: $0

White Liens: $ 60.00

shments: SO

Total $60.00

Page 8

Page 9

ESUSANS CLEANING SERVICE

WARNER SuB-Drvisio) LEDANON’VA ora nr Alb -701 = 6962.

as : _ AMOUNT: - .Cleawing Dec oar . PReci- : . e- 8 10, 4 1 ist ‘ Le 5 lia F 350° i Drantyour Sern oy

Page 9

Bank Code:

Comment/

Check Payee Name

158,724.77

11/1/2021 Deposit Deposit Tobacco Grant Russell Place 101,410.64 260,135.41

11/1/2021 Check Ernest McFaddin 4,507.23 255,628.18

11/1/2021 Check Heather W. Musick 2,038.66 253,589.52

11/1/2021 Check First Bank & Trust Company 1,104.15 252,485.37

11/1/2021 Check First Bank & Trust Company 1,534.01 250,951.36

11/1/2021 Check First Bank & Trust Company 5,764.59 245,186.77

11/3/2021 Deposit Deposit VHCD I-go 67,053.69 312,240.46

11/3/2021 Check Appalachian Power Company 647.00 311,593.46

11/3/2021 Check Appalachian Power Company 689.48 310,903.98

11/4/2021 Deposit CASH RECEIPT DEPOSIT 13,582.00 324,485.98

11/4/2021 Check 0.00 324,485.98

11/4/2021 Check I-Go Technology 67,053.69 257,432.29

11/5/2021 Deposit CASH RECEIPT DEPOSIT 1,705.00 259,137.29

11/5/2021 Withdrawal Transfer General to Project 101,410.64 157,726.65

11/15/2021 Check Internal Revenue Service 2,688.11 155,038.54

11/16/2021 Withdrawal Transfer from Operating to Motel Acct 10,575.72 144,462.82

11/16/2021 Deposit CASH RECEIPT DEPOSIT 14,233.00 158,695.82

11/16/2021 Check Blevins Septic Service 112.47 158,583.35

11/16/2021 Check Chafin Law Firm, PC 4,688.00 153,895.35

11/16/2021 Check Dominion Office Products 44.90 153,850.45

11/16/2021 Check Innovative Technology Solutions 37.50 153,812.95

11/16/2021 Check Lighthouse Supply Company 1,652.75 152,160.20

11/16/2021 Check Russell County Treasurer 5,554.08 146,606.12

11/16/2021 Check Susan’s Cleaning Service Inc 325.00 146,281.12

11/16/2021 Check Town of Lebanon VA 298.67 145,982.45

11/16/2021 Check Town of Lebanon VA 298.67- 146,281.12

11/16/2021 Check Tri City Blueprint & Supply, Inc 379.96 145,901.16

11/16/2021 Check Turner Cleaninig Service LLC 400.00 145,501.16

11/16/2021 Check Virginia Coalfield Economic 24,883.32 120,617.84

11/16/2021 Check Ernest McFaddin 41.10 120,576.74

11/16/2021 Check Johnson Controls 531.81 120,044.93

11/17/2021 Deposit CASH RECEIPT DEPOSIT 650.00 120,694.93

11/17/2021 Check Russell County Treasurer 19,946.00 100,748.93

11/17/2021 Check Bonanza 190.91 100,558.02

11/19/2021 Check United States Postal Service 17.50- 100,575.52

11/19/2021 Check United States Postal Service 17.50 100,558.02

11/22/2021 Deposit Deposit - Proceeds from Loan #4820 6,943.62 107,501.64

11/22/2021 Check 0.00 107,501.64

11/22/2021 Check Roger D. Sword 184.70 107,316.94

11/22/2021 Check Carlton Elliott 688.38 106,628.56

11/22/2021 Check Richard Lockridge 184.70 106,443.86

11/22/2021 Check Jarred Glass 184.70 106,259.16

11/22/2021 Check Donnie Christian 184.70 106,074.46

11/22/2021 Check John M. Stamper 184.70 105,889.76

11/22/2021 Check DeAnna C. Jackson 184.70 105,705.06

11/22/2021 Check Harry Ferguson 184.70 105,520.36

11/22/2021 Check First Bank & Trust Company 6,943.62 98,576.74

11/24/2021 Deposit Deposit Tobacco Grant Project Reclaim 810,475.00 909,051.74

11/29/2021 Check Baker’s Construction Services, Inc. 810,475.00 98,576.74

11/30/2021 Deposit CASH RECEIPT DEPOSIT 200.00 98,776.74

11/30/2021 Interest Bank Stmnt 9.28 98,786.02

11/30/2021 Check Ernest McFaddin 4,507.23 94,278.79

11/30/2021 Check Heather W. Musick 2,038.66 92,240.13

11/30/2021 Check First Bank & Trust Company 1,483.58 90,756.55

Ending Balance: 90,756.55

Bank Code:

Comment/

Check Payee Name

38.94

11/16/2021 Deposit Transfer for VSBFA Payments 10,575.72 10,614.66

11/16/2021 Check Virginia Small Business 10,575.72 38.94

11/24/2021 Deposit Deposit 8,535.16 8,574.10

0000002619 00VSBFA

Reference

Number

Document

Amount

Bank

Balance

Beginning Balance:

FB&T Motel Account

Document/

Check

Document

Type

Check

Number

INTEREST

0000000049 000000015

0000000050 000000033

W000000080 00FB&T

W000000079 00FB&T

155

0000006199 00BAKCON

DEPOSIT

0000000046 000000019

0000000047 000000020

0000000048 000000021

0000000043 000000016

0000000044 000000017

0000000045 000000018

156

0000000040

0000000041 000000005

0000000042 000000013

0000002516 00BONANZA

W000000086 00USPS

0000006197 00MCFERN

0000006198 00JOHCON

DEPOSIT

0000002515 00TRERUS

0000006194 00TRIBLU

0000006195 00TURCLE

0000006196 00VCEDA

0000006192 00SUSCLE

0000006193 00TOL

0000006189 00INNTEC

0000006190 00LSC

0000006191 00TRERUS

0000006186 00BLESEP

0000006187 00CHALAW

0000006188 00DOMOFF

DEPOSIT

W000000078 00IRS

DEPOSIT

W000000077 00APCO

DEPOSIT

0000000039

0000006174 00IGO

W000000074 00FB&T

W000000075 00FB&T

151

W000000076 00APCO

150

0000000037 000000015

0000000038 000000033

W000000073 00FB&T

Reference

Number

Document

Amount

Bank

Balance

Beginning Balance:

Bank Recap Report

For All Document Types

Document Date Range: From: 110121 To: 113021

Industrial Development Authority of Russell County (IDA)

FB&T Operating Account

Document/

Check

Document

Type

Check

Number

Page 10

Bank Recap Report

For All Document Types

Document Date Range: From: 110121 To: 113021

Document

svezo2t svezo2t svezo2t svezo2t svezo2t svezo2t svezo2t svezo2t svezo2t svezo2t svezo2t svezo2t svezo2t srezo2t svezo2t swine swine srr sviezo2t sviezo2t sez sea sea sea sea sea sea szz001 zac sea saan saa saan san2021 san2021 san2021 san2021 san2021

Check

FRAT Operating Account Document Check Type Number (check 0000006186 (Check 0000006187 Check 0000006188 Check 0000006189 ‘Check 0000008190 Check 0000008181 Check 0000006192 Check 0000006193 Check 0000006193 Check 0000006194 Check 0000005195 Check 0000008198 (Check 0000008197 Check 0000006198 ‘Check 0000002515 Check 0000002516 (Check woon0n008s (Check woon0o0088 ‘Check 0000000040 Check 0000000081 ‘Check 0000000042 ‘Check 0000000043 ‘Check 0000000044 ‘Check 0000000045 ‘Check 0000000048 Check 0000000047 Check 0000000048 (Cheek wooo0n0078 Check 0000006198 ‘check 0000000049 ‘Check 0000000050 (Cheek woooan0080

BRT Mota Account Type Number epost epost

epost onetese> OncHALAW c000NOFF oonnTec anise ooTRERUS onsuscis nro. nro. ooruRcus ovcEDA owcFEAN an10#CON epost ooTRERUS 00BONANZA couse couse 156

oo000005 oo0000%3 oo000016 o00000%7 oo000018 oo0000%8 ooo00020 noo00021 ooFosr 155 onpaKcon epost inteREst noo00015 oooo0033 ores

Number

Industrial Development Authority of Russell County (IDA)

comment! ‘Chock Payee Name

epost Tobacco Gret Russel Pace Deposit WACO Le

-opalstan Power Company -opalectan Power Company

‘CASHRECEIPT DEPOSIT Bouin Spt Sees

‘Chain Ls Far, PC

Innovative TectrologySobitons Lghttouse Supply Company ssl County Treasurer Suna Cesing Sere Ine “Tay Bhp & Supp ne ‘Tuer Cloning Sere LLC ‘Vegi Coat Economie otngon Cons ‘CASHRECEIPT DEPOSIT Fuse County Treasurer Usted Stes Postal Seen Usted Stes Pst Secs epost Procsds rom Lan 4820

Roger D. Sword ‘crton it

ctr Locedoe

soe Gast

Dennis Cristi

Jota Stamper

Deanna Csackson

omy Ferizon

Fst Bank & rst Company

epost Tobacco Grant Projet Rec Bakers Constucton Series, ‘CASHRECEIPT DEPOSIT

Ban Sent

mest MeFasin

eather W Musik

Fst Bank & Trust Company

‘Chock Payee Name

“Translator VSBFA Pyments

‘Yugi Smal susinass epost

Page 10

Document

Beginning Balance: oraroes soraros 1423800 4588.00 4690 750 25.00, 2807 sa. 400.00 au saat 50.00, 19,946.00 east 1750. 1750 sous2 000 19470 838 10470 8470 8470 0470 8470 9470 soxs2 1047500 1047500 200.00 928 450723 2on806 48358

Ending

‘amount Beginning Balance:

Banke

31220046 153.9504, 15391295, 15216020 6261.12 5.96245 6261.12 145.901 16 rn061794 12057674 2044.99, 120.9949 100,748.99, 100,558.02 100 57552 100 55802 10750164 10750168 1731694 106.62856 106,443.86, 106,259.16 106,074.46 105,969.76, 105,705.06 105.5206 9957678 09051 78 9057676 9977678 786.02 suz7879 224013 9075655 9075655

Balance

Ending Balance: 8,574.10

Bank Code:

Comment/

Check Payee Name

45,634.05

11/4/2021 Deposit Deposit for August missing check 35,145.98 80,780.03

11/16/2021 Deposit Deposit 35,145.98 115,926.01

11/16/2021 Check Town of Lebanon VA 22,099.16 93,826.85

11/16/2021 Check Virginia Coalfield Economic 12,817.17 81,009.68

11/30/2021 Interest Bank Stmnt 2.38 81,012.06

Ending Balance: 81,012.06

Bank Code:

Comment/

Check Payee Name

10,881.46

11/24/2021 Deposit Deposit 180.00 11,061.46

11/30/2021 Interest Bank Stmnt 0.27 11,061.73

Ending Balance: 11,061.73

Bank Code:

Comment/

Check Payee Name

22,371.60-

11/5/2021 Deposit 101,410.64 79,039.04

11/16/2021 Deposit CASH RECEIPT DEPOSIT 6,478.75 85,517.79

11/16/2021 Check Chad Newberry Construction 62,527.80 22,989.99

11/16/2021 Check DR Price Engineering 4,170.00 18,819.99

11/16/2021 Check Innovative Technology Solutions 1,243.50 17,576.49

11/19/2021 Check United States Postal Service 17.50 17,558.99

11/30/2021 Interest Bank Stmnt 1.61 17,560.60

Ending Balance: 17,560.60

Bank Code:

Comment/

Check Payee Name

101,262.31

11/30/2021 Interest Bank Stmnt 16.65 101,278.96

Ending Balance: 101,278.96

Document

Amount

Bank

Balance

Beginning Balance:

INTEREST

FB&T - Savings

Document/

Check

Document

Type

Check

Number

Reference

Number

W000000087 00USPS

INTEREST

DEPOSIT

0000001152 00CHANEW

0000001153 00DRPRI

0000001154 00INNTEC

Document

Amount

Bank

Balance

Beginning Balance:

4 Transfer Tobacco Grant To Projects

Account

FB&T - Projects

Document/

Check

Document

Type

Check

Number

Reference

Number

INTEREST

Reference

Number

Document

Amount

Bank

Balance

Beginning Balance:

FB&T - USDA RLF

Document/

Check

Document

Type

Check

Number

INTEREST

0000002786 00TOL

0000002787 00VCEDA

Reference

Number

Document

Amount

Bank

Balance

Beginning Balance:

FB&T - Steel Fab

Document/

Check

Document

Type

Check

Number

Page 11

ok Code!

Check

re) e021 e021 e021 wane021

Document

nk Code

sanz

aoa 202 202 a0 si9a021 wan

Document

FORT Stal Fad Type Number ‘creck 0000002786 ‘creck 0000002787 FRET - USDARLF Document Check Type Number FOBT Projets Document check Devos

epost

‘check 0000001182 Check 0000001183 Check 0000001154 Cheek weooon0n87 BRT - Savings Type

Number

6 0

nro. ‘avceDA INTEREST

Reference

epost AncHANEW nore onreC couse INTEREST

Depostor August micsing check epost

Town of Labanon VA

‘Yugnie Coat Economic fan Sent

‘comment ‘Chock Payoo Name

epost

TranserTobace Gran To Prose

GiStReceir oePosit ‘Coc Newbory Constreton DR Pes Enghaorng Innovate Techroony Soktons Untad Sates Postal Serica an See

Page 11

‘amount

Beginning Balance: 5.45 98 5.1598 22000.16 veavnt7

238

Ending

Beginning Balance:

"nara ares e2sare0 “4:70.00 124350

1780

161

Ending

Beginning Balance:

Ending Balance:

Balance ss 6005 eo7e003 1892601 pers 100068 e1or206 101206

Bane

me “easb0 essi779 230090 aai.99 757649 1755809 7560.60 7560.60

Bank Code:

Comment/

Check Payee Name

90,756.55

12/1/2021 Check VCC Bank 32,960.20 57,796.35

12/1/2021 Check First Bank & Trust Company 5,764.59 52,031.76

12/2/2021 Deposit CASH RECEIPT DEPOSIT 24,082.00 76,113.76

12/2/2021 Deposit Deposit Polycap 33,001.71 109,115.47

12/2/2021 Check Carlton Elliott 506.96 108,608.51

12/2/2021 Check Ernest McFaddin 463.30 108,145.21

12/2/2021 Check Innovative Technology Solutions 112.50 108,032.71

12/2/2021 Check RFC Company 6,080.00 101,952.71

12/2/2021 Check Susan’s Cleaning Service Inc 325.00 101,627.71

12/2/2021 Check Turner Cleaninig Service LLC 350.00 101,277.71

12/3/2021 Deposit CASH RECEIPT DEPOSIT 2,128.75 103,406.46

12/3/2021 Check American Electric Power 104.65 103,301.81

12/3/2021 Check American Electric Power 302.04 102,999.77

12/3/2021 Check American Electric Power 1,179.00 101,820.77

12/8/2021 Deposit CASH RECEIPT DEPOSIT 1,705.00 103,525.77

12/8/2021 Check 0.00 103,525.77

12/8/2021 Check Roger D. Sword 184.70 103,341.07

12/8/2021 Check Carlton Elliott 688.38 102,652.69

12/8/2021 Check Richard Lockridge 184.70 102,467.99

12/8/2021 Check Jarred Glass 184.70 102,283.29

12/8/2021 Check Donnie Christian 184.70 102,098.59

12/8/2021 Check John M. Stamper 184.70 101,913.89

12/8/2021 Check DeAnna C. Jackson 184.70 101,729.19

12/8/2021 Check Harry Ferguson 184.70 101,544.49

12/13/2021 Deposit Deposit - Polycap 12,531.66 114,076.15

12/13/2021 Deposit 970.00 115,046.15

12/14/2021 Check Internal Revenue Service 5,708.42 109,337.73

12/15/2021 Deposit CASH RECEIPT DEPOSIT 3,726.40 113,064.13

12/15/2021 Check Cumberland Plateau 2,621.66 110,442.47

12/15/2021 Check Virginia Coalfield Economic 9,910.00 100,532.47

12/28/2021 Deposit CASH RECEIPT DEPOSIT 15,633.00 116,165.47

12/28/2021 Check Russell County Treasurer 27.00 116,138.47

12/28/2021 Check VCC Bank 32,960.20 83,178.27

12/29/2021 Deposit 56,984.79 140,163.06

12/31/2021 Deposit CASH RECEIPT DEPOSIT 2,128.75 142,291.81

12/31/2021 Interest Bank Stmnt 3.57 142,295.38

Ending Balance: 142,295.38

Bank Code:

Comment/

Check Payee Name

8,574.10

12/28/2021 Deposit Deposit 8,535.16 17,109.26

Ending Balance: 17,109.26

Bank Code:

Comment/

Check Payee Name

81,012.06

12/13/2021 Deposit Deposit 35,145.98 116,158.04

12/15/2021 Check Town of Lebanon VA 22,099.16 94,058.88

12/15/2021 Check Virginia Coalfield Economic 12,826.51 81,232.37

Ending Balance: 81,232.37

Bank Code:

Comment/

Check Payee Name

11,061.73

12/13/2021 Deposit Deposit 180.00 11,241.73

12/31/2021 Interest Bank Stmnt 0.28 11,242.01

Ending Balance: 11,242.01

INTEREST

Reference

Number

Document

Amount

Bank

Balance

Beginning Balance:

FB&T - USDA RLF

Document/

Check

Documen

Type

Check

Number

0000002788 00TOL

0000002789 00VCEDA

Document

Amount

Bank

Balance

Beginning Balance:

Document/

Check

Documen

Type

Check

Number

Reference

Number

FB&T - Steel Fab

Document

Amount

Bank

Balance

Beginning Balance:

FB&T Motel Account

Document/

Check

Documen

Type

Check

Number

Reference

Number

0000006211 00VCC

157 Deposit Polycap VCC Payment

Russell County Reclaim Lease DEPOSIT

INTEREST

0000006208 00CPPD

0000006209 00VCEDA

DEPOSIT

0000006210 00TRERUS

154

153 Deposit Refund Legal Fees

Cleveland Schoiol W000000081 00IRS

DEPOSIT

0000000057 000000019

0000000058 000000020

0000000059 000000021

0000000054 000000016

0000000055 000000017

0000000056 000000018

DEPOSIT

0000000051

0000000052 000000005

0000000053 000000013

DEPOSIT

W000000083 00AEP

W000000084 00AEP

W000000085 00AEP

0000006204 00JOHSUP

0000006205 00SUSCLE

0000006206 00TURCLE

0000006201 00ELLCAR

0000006202 00MCFERN

0000006203 00INNTEC

0000006200 00VCC

W000000082 00FB&T

DEPOSIT

152

Reference

Number

Document

Amount

Bank

Balance

Beginning Balance:

Bank Recap Report

For All Document Types

Document Date Range: From: 120121 To: 123121

Industrial Development Authority of Russell County (IDA)

FB&T Operating Account

Document/

Check

Documen

Type

Check

Number

Page 12

Bank Recap Report For All Document Types Document Date Range: From: 120121 To: 123121

Industrial Development Authority of Russell County (IDA)

rk Code: FBST Operating Account

Document’ Documen Check Reference Comment! Document Bank Check Number Number Check Payee Name ‘amount Batnce ad Bealning Balance 078055 ‘arvaaz! Check 0000006200 ove © EC Bank 5296020 57.7965 ‘aivan2t chock WOQODI0DE2 OOFBRT Fs Bank 8 Trt Company 576459 5200176 ‘ant epost OeFOST _CASHRECEIT OEPOSIT 208200 76.1376 aan2t —Depost 182 Deposit Poeap saoou7 109.11587 ‘anacz1 Check 0000006201 ODELLEAR Caron Eliot 6.96. 109.6085 ‘nacz| Check 0000006202 OOMCFERN Eres MeFacn 4030 tos.14521 ‘arar0at Check 0000006203 OONNTEC—_Innovav Tectleay Sotons ‘1250 soso 71 ‘aaoat creck 0000006208 ONIOHSUP RFC Company 6,080.00 10195271 ‘oat Check 0000006205 OOSUSCLE Sur’s Caring Seve nc 325.00 10162771 ‘rar0at creck 0000006208 TURCLE Tuner rain Sere LC 35000 sor2rr ‘2021 epost OgFOST CASHRECEIT DEPOSIT 2875 109,406.46 ‘anvao21 Check WOOODIODHS—ODREP American Bec Power ‘ots 2.20181 ‘anvzo2! Check WOOGDIODEKODREP Ameren Bete Pomer sazo8 102.9977 ‘agianet check WOOCOE008S OOKEP Ameren Elec Power 4.37900 1018207 ‘aie202t epost OgFOST CASH RECEIPT DEPOSIT 1,708.00 1025257 samacz1 creck 0000000051 00 10952577 ‘aiw202t creck 0000000052 00000005 RagerD. Sword 8470 102.24107 ‘aac21 Crock 0000000053 000000013 Caron Et 0s 102.8209 ‘2021 Crock on0000005 0000001 Rehr Locke 18470 10246799 ‘waaz1 Crock 0000000055. 000000017 Jarod Gass 18470 102.2839 ‘aacz1 Crock 0000000056 000000018 Done Critan 8470 10209859 ‘iw202t Check —_O000000057 000000019 Jn Stamper 8470 10191989 ‘2021 check on00000058 000000120 DeAma sackon 8470 10172919 ‘w202t creck ob00000059 0000001 Hay Faraizon 8470 ror sea9 ‘92021 Depost 154 Depot Poeap 1250108 11407635 sanazne— Oeoost 159 Depot tin Logs Foes 70.00 15086.5, ‘veo Soni ‘arenes chock wo0noq0081 00S ral ever Serve 70842 109.3773, ‘2182021 Depost DePOST —CASHRECEPT DEPOSIT 72640 1900439, sansa! Check 0000006208 00CPPD——_Cumborand Piste 260106 w04sa7 ‘2021 Check 0000006209 OOVCEDR pia Coal Economic 91000 100 3287 12282001 Depost DePOST —CASHRECEPT DEPOSIT 1562300 116.10947 ‘as021 Check OD00006210—OOTRERUS Russel Cuny Tease z00 619847 ‘mace’ Chock 0000006211 OWES VEC Bank 2.96020 317827 samac02|— Osooet 187 Depot Pocap CC Payment 690479 0.16206 s20w2021 —Depost ccrosr Skshenecer berosit 20878 wo20ie1 202021 nest INTEREST Bank Sern 357 12295:38 Ending Balance 12.295:38

nk Code: FBT Motel Account

Check t Number Number Check Payee Name ‘Amount Balance ‘amaze Depost ca Deposit 515.16 1710026 Ending 1710026 Document Referonce Comment Document Bank Check Number” hack Payee Name ‘amount Balance Beginning Blonce eror208 11132021 epost ” epost 98,4698 16.15804 121182021 Check 9000002788 GOTOL_ Towa Labanon VA 22000.16 4058 8 121182021 Check 0000002789 COVCEDA gia Coad Econom 1242651 sizes ending sizse37 nk Code: FBAT-USOARLE Check t Number Number” Ghack Payee Name ‘amount Balance Beginning Balance: 6173 sanazeet —Depost 5 Depost sea.00 sizer

Bank Code:

Comment/

Check Payee Name

17,560.60

12/2/2021 Check Dollar Tree 4.21 17,556.39

12/2/2021 Check Walmart 74.38 17,482.01

12/3/2021 Check Southwest Virginia Community

College

336.00 17,146.01

12/6/2021 Check Microsoft 30.00 17,116.01

12/10/2021 Deposit Deposit Proceeds from Loan 4820 34,969.19 52,085.20

12/10/2021 Check Chad Newberry Construction 34,969.16 17,116.04

12/13/2021 Deposit 4,170.00 21,286.04

12/13/2021 Check B&H Rentals 410.00 20,876.04

12/21/2021 Deposit Deposit Proceeds from Loan 4820 50,000.00 70,876.04

12/21/2021 Check Chad Newberry Construction 49,388.61 21,487.43

12/28/2021 Deposit CASH RECEIPT DEPOSIT 6,478.75 27,966.18

12/28/2021 Check C & S Construction & Excavating

Inc.

50,000.00 22,033.82-

12/28/2021 Check East Tennessee Sprinkler Co. 4,068.00 26,101.82-

12/29/2021 Check 4,805.00 30,906.82-

12/31/2021 Interest Bank Stmnt 0.72 30,906.10-

waiting on 50K funding Ending Balance: 30,906.10-

Bank Code:

Comment/

Check Payee Name

101,278.96

12/31/2021 Interest Bank Stmnt 17.20 101,296.16

Ending Balance: 101,296.16

Document

Amount

Bank

Balance

Beginning Balance:

INTEREST

FB&T - Savings

Document/

Check

Documen

Type

Check

Number

Reference

Number

0000001158 00EASTNN

0000001159 00DRPRI DR Price Engineering & Land

Surveying, Inc PC INTEREST

0000001156 00CHANEW

DEPOSIT

0000001157 00C&S

0000001155 00CHANEW

68 Depost - Proceeds VCEDA Loan

Acme Project W000000092 00B&H

W000000089 00WALMART

W000000090 00SWCC

W000000091 00MS

Document

Amount

Bank

Balance

Beginning Balance:

W000000088 00DOLTRE

FB&T - Projects

Document/

Check

Documen

Type

Check

Number

Reference

Number

Page 13

nk Code!

rang aang rar rast rania02t ranaa02t rannae02t

ranaeo2t raven raven ranean aaa raaae02 raae021

arava

heck

saev2021

FRET Projects Documen Check Ceneck —wood000088 creck wo00000089 Creek wo00000000 Creek Woo0000001 Ceneek_obgo001185, Ceneck wood0000%2 Ceneek_obg0001156 Ceneek_obgo001187 ‘Creek oog0001158 ‘éneek_obgo001150

Fast savings

Retoronce

000TRE cawaLwar ansnce coms

ny anchaNeW 68

nas 0 cnchanew epost ncas DeASTAN ooReR

vteRest

vteaest

‘comment ‘Check Payee Name

SoutestVigeiaConunty eros

epost Proseds rom Loan 4820 ‘crac Newbery Conscton

Depost- Proceeds VCEDA Loan Bett iensis

epost Prooeds rom Loan 4820, ‘chad Newbery Conscton ‘CASH RECEIPT DEPOSIT

(C&S Consucton& Excavating East Tennessee Spin Co.

DR Pico Enginoorng& Land Survevaa. inc PC Banu Senet,

wating on S0K funding

Bank Senne

Beginning Balance

421

138

3600

3000

2980.19 2980.16 “417000

41000 ‘000.00 939861 67875 000.00 “4088.00 1420500

ending

Beginning Balance: 1720

Ending

Page 13

‘seo 60 1755629 748201 4601 veo 208520 7.11806 2178608

znsreo ros7e 0 2iaeras 77966.8 none. e018 ‘90682

2006 10- 2006 10-

101,296.16 10129616

^ Back to top of page.