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Agenda Packet
Thursday March 10, 2022
Russell County Conference Center
5:30 P.M.
1 IDA
Russell County, VA
Agenda Packet
Thursday March 10, 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
March 10, 2022
AGENDA
The Industrial Development Authority of Russell County Virginia has moved the
regular monthly meeting to the Russell County Conference Center on March 10, 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  Pages 1-5
Financials  Pages 6-11
1 IDA Russell County, VA
Industrial Development Authority of
Russell County, Virginia
March 10, 2022
AGENDA
The Industrial Development Authority of Russell County Virginia has moved the
regular monthly meeting to the Russell County Conference Center on March 10, 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 Pages 1-5
Financials Pages 6-11
February 10, 2022
The Regular monthly meeting of the Industrial Development Authority of
Russell County, Virginia was held on February 10, 2022, 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
Heather Musick, Administrative Assistant
Katie Patton, Attorney
GUESTS:
The Chairman called the meeting to order at 5:30 P.M.
Secretary called the roll and recorded the roll call.
Upon motion made by Tony Dodi, second by DeAnna Jackson, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
allow Roger Sword and Donnie Christian to participate in the meeting
electronically from their homes, due to Covid-19, pursuant to the electronic
meeting policies.
The Vote was:
Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson, J.
Glass
Nay:  None
Abstained: D. Christian, R. Sword
1
February 10, 2022
The Regular monthly meeting of the Industrial Development Authority of
Russell County, Virginia was held on February 10, 2022, 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
Heather Musick, Administrative Assistant
Katie Patton, Attorney
GUESTS:
The Chairman called the meeting to order at 5:30 P.M.
Secretary called the roll and recorded the roll call.
Upon motion made by Tony Dodi, second by DeAnna Jackson, and duly
approved by the Industrial Development Authority of Russell County, Virginia to
allow Roger Sword and Donnie Christian to participate in the meeting
electronically from their homes, due to Covid-19, pursuant to the electronic
meeting policies.
The Vote was:
Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson, J.
Glass
Nay: None
Abstained: D. Christian, R. Sword
APPROVAL OF MINUTES
Upon motion made by Tony Dodi, second by Jarred Glass and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve the minutes of the January 20, 2022 meeting.
The Vote was:
Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson
R. Sword, J. Glass
Nay:  None
FINANCIAL REPORT
Upon motion made by Donnie Christian, second by Jarred Glass, and duly
approved by the Industrial Development Authority of Russell County, Virginia
approving the January 2022 financial reports and 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 reported the Probation project is moving forward.
The Executive Director reported the VDH project is on tract for an April
completion date.
The Executive Director reported the garage doors are ordered for the Acme
project but there is no delivery date. The lighting fixtures have arrived waiting
installation.
Cecatto as received their first shipment of equipment and should be hiring
within the next few weeks.
The Executive Director had a request from Clyde Garrett, granting him
permission to park trucks on the Russell Place parking lot. The board did not
express interest in utilizing the parking lot in this manner and directed the
Executive Director to inform Mr. Garrett.
The funding requests, for The Russell Place and Acme, to USDA requires
the board adopt a resolution stating such.
2
APPROVAL OF MINUTES
Upon motion made by Tony Dodi, second by Jarred Glass and duly
approved by the Industrial Development Authority of Russell County, Virginia to
approve the minutes of the January 20, 2022 meeting.
The Vote was:
Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson
R. Sword, J. Glass
Nay: None
FINANCIAL REPORT
Upon motion made by Donnie Christian, second by Jarred Glass, and duly
approved by the Industrial Development Authority of Russell County, Virginia
approving the January 2022 financial reports and 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 reported the Probation project is moving forward.
The Executive Director reported the VDH project is on tract for an April
completion date.
The Executive Director reported the garage doors are ordered for the Acme
project but there is no delivery date. The lighting fixtures have arrived waiting
installation.
Cecatto as received their first shipment of equipment and should be hiring
within the next few weeks.
The Executive Director had a request from Clyde Garrett, granting him
permission to park trucks on the Russell Place parking lot. The board did not
express interest in utilizing the parking lot in this manner and directed the
Executive Director to inform Mr. Garrett.
The funding requests, for The Russell Place and Acme, to USDA requires
the board adopt a resolution stating such.
Upon motion made by Tony Dodi, second by DeAnna Jackson, and duly
approved by the Industrial Development Authority of Russell County, Virginia
adopting a resolution to apply for grant funding from USDA for the Russell Place
project. The Executive Director, Chairman, and Secretary are authorized to sign all
documents pertaining to this motion.
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 John Stamper, second by Harry Ferguson, and duly
approved by the Industrial Development Authority of Russell County, Virginia
adopting a resolution to apply for grant funding from USDA for the Acme project.
The Executive Director, Chairman, and Secretary are authorized to sign all
documents pertaining to this motion.
The Vote was:
Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson
R. Sword, J. Glass
Nay:  None
Heather Musick reported the IDA needs to have a Characterization Report
for all our industrial sites, which will allow for access to more funding. Heather
has applied for a grant to have the characterization study completed on the Moss3
property. Heather is also working with Draper-Aden to prepare market studies for
our industrial sites allowing for IRF grant funding to the IDA.
The Secretary ask the board to pre-approve the cleaning service bills we get
monthly.
Upon motion made by Donnie Christian, second by Harry Ferguson, and
duly approved by the Industrial Development Authority of Russell County,
Virginia pre-approving the cleaning invoices to Turner Cleaning Services
($400.00) and Susan’s Cleaning Service ($325.00) until June 30, 2022
The Vote was:
Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson
R. Sword, J. Glass
Nay:  None
3
Upon motion made by Tony Dodi, second by DeAnna Jackson, and duly
approved by the Industrial Development Authority of Russell County, Virginia
adopting a resolution to apply for grant funding from USDA for the Russell Place
project. The Executive Director, Chairman, and Secretary are authorized to sign all
documents pertaining to this motion.
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 John Stamper, second by Harry Ferguson, and duly
approved by the Industrial Development Authority of Russell County, Virginia
adopting a resolution to apply for grant funding from USDA for the Acme project.
The Executive Director, Chairman, and Secretary are authorized to sign all
documents pertaining to this motion.
The Vote was:
Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson
R. Sword, J. Glass
Nay: None
Heather Musick reported the IDA needs to have a Characterization Report
for all our industrial sites, which will allow for access to more funding. Heather
has applied for a grant to have the characterization study completed on the Moss3
property. Heather is also working with Draper-Aden to prepare market studies for
our industrial sites allowing for IRF grant funding to the IDA.
The Secretary ask the board to pre-approve the cleaning service bills we get
monthly.
Upon motion made by Donnie Christian, second by Harry Ferguson, and
duly approved by the Industrial Development Authority of Russell County,
Virginia pre-approving the cleaning invoices to Turner Cleaning Services
($400.00) and Susan’s Cleaning Service ($325.00) until June 30, 2022
The Vote was:
Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson
R. Sword, J. Glass
Nay: None
CLOSED SESSION
Upon motion made by Tony Dodi, 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 (3) Property (5)
Prospective Business (7) & (8) Legal.
The Vote was:
Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson
R. Sword, J. Glass
Nay:  None
RECONVENE TO PUBLIC SESSION
Upon motion made by Harry Ferguson, 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: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson
R. Sword, 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:
Richard Lockridge Yes
Carlton Elliott Yes
Harry Ferguson Yes
Tony Dodi  Yes
Roger Sword Yes
DeAnna Jackson Yes
Donnie Christian  Yes
Jarred Glass  Yes
John Stamper Yes
Upon motion made by Tony Dodi, second by John Stamper, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the attorney to send Mr. J.K. Musick a 30-day demand notice on rent
for the Project “Trout” property if not paid in full by February 14, 2022.
4
CLOSED SESSION
Upon motion made by Tony Dodi, 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 (3) Property (5)
Prospective Business (7) & (8) Legal.
The Vote was:
Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson
R. Sword, J. Glass
Nay: None
RECONVENE TO PUBLIC SESSION
Upon motion made by Harry Ferguson, 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: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson
R. Sword, 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:
Richard Lockridge Yes DeAnna Jackson Yes
Carlton Elliott Yes Donnie Christian Yes
Harry Ferguson Yes Jarred Glass Yes
Tony Dodi Yes John Stamper Yes
Roger Sword Yes
Upon motion made by Tony Dodi, second by John Stamper, and duly
approved by the Industrial Development Authority of Russell County, Virginia
authorizing the attorney to send Mr. J.K. Musick a 30-day demand notice on rent
for the Project “Trout” property if not paid in full by February 14, 2022.
4
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 DeAnna Jackson, second by Donnie Christian, and
duly approved by the Industrial Development Authority of Russell County,
Virginia authorizing the Executive Director to prepare a RFQ for legal services for
the upcoming physical year.
The Vote was:
Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson
R. Sword, J. Glass
Nay:  None
ADJOURNMENT
Upon motion made by Tony Dodi, second by DeAnna Jackson, and duly
approved by the Industrial Development Authority of Russell County, Virginia
setting the next meeting for March 10, 2022 at 5:30PM in the Russell County
Conference Center and adjourning this meeting at 8:30PM.
The Vote was:
Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson
R. Sword, J. Glass
Nay:  None
5
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 DeAnna Jackson, second by Donnie Christian, and
duly approved by the Industrial Development Authority of Russell County,
Virginia authorizing the Executive Director to prepare a RFQ for legal services for
the upcoming physical year.
The Vote was:
Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson
R. Sword, J. Glass
Nay: None
ADJOURNMENT
Upon motion made by Tony Dodi, second by DeAnna Jackson, and duly
approved by the Industrial Development Authority of Russell County, Virginia
setting the next meeting for March 10, 2022 at 5:30PM in the Russell County
Conference Center and adjourning this meeting at 8:30PM.
The Vote was:
Aye: C. Elliott, J. Stamper, T. Dodi, D. Christian, H. Ferguson, D. Jackson
R. Sword, J. Glass
Nay: None
Bank Code:
Comment/
Check Payee Name
120,845.69
2/1/2022 Check First Bank & Trust Company 5,764.59 115,081.10
2/2/2022 Deposit CASH RECEIPT DEPOSIT 17,082.00 132,163.10
2/2/2022 Deposit Deposit 32,985.47 165,148.57
2/2/2022 Deposit CASH RECEIPT DEPOSIT 2,128.75 167,277.32
2/2/2022 Withdrawal Transfer from Operating to Motel  Acct 5,287.86 161,989.46
2/2/2022 Check United States Postal Service 116.00 161,873.46
2/3/2022 Deposit CASH RECEIPT DEPOSIT 675.00 162,548.46
2/7/2022 Deposit CASH RECEIPT DEPOSIT 1,705.00 164,253.46
2/7/2022 Deposit CASH RECEIPT DEPOSIT 150.00 164,403.46
2/7/2022 Check Bristol Sign Co. Walden, LLC 3,230.01 161,173.45
2/7/2022 Check Appalachian Power Company 320.67 160,852.78
2/8/2022 Check Campbell Chafin, PC 5,537.90 155,314.88
2/8/2022 Check Carlton Elliott 65.00 155,249.88
2/8/2022 Check Ernest McFaddin 110.58 155,139.30
2/8/2022 Check Susan’s Cleaning Service Inc 325.00 154,814.30
2/8/2022 Check Turner Cleaning Service LLC 400.00 154,414.30
2/9/2022 Deposit Deposit 113,541.12 267,955.42
2/9/2022 Check First Bank & Trust Company 6,943.62 261,011.80
2/10/2022 Check I-Go Technology 113,541.12 147,470.68
2/14/2022 Check 0.00 147,470.68
2/14/2022 Check Roger D. Sword 184.70 147,285.98
2/14/2022 Check William C. Elliott 688.38 146,597.60
2/14/2022 Check Richard Lockridge 184.70 146,412.90
2/14/2022 Check Jarred Glass 184.70 146,228.20
2/14/2022 Check Donnie Christian 184.70 146,043.50
2/14/2022 Check John M. Stamper 184.70 145,858.80
2/14/2022 Check DeAnna C. Jackson 184.70 145,674.10
2/14/2022 Check Harry Ferguson 184.70 145,489.40
2/14/2022 Check First Bank & Trust Company 6,943.62 138,545.78
2/14/2022 Check Internal Revenue Service 5,662.76 132,883.02
2/15/2022 Deposit Deposit - Tobacco Grant 37,631.29 170,514.31
2/15/2022 Deposit CASH RECEIPT DEPOSIT 14,233.00 184,747.31
2/15/2022 Check Town of Lebanon VA 36.00 184,711.31
2/15/2022 Check Virginia Coalfield Economic 12,441.66 172,269.65
2/21/2022 Deposit CASH RECEIPT DEPOSIT 1,000.00 173,269.65
2/28/2022 Deposit Deposit 34.83 173,304.48
2/28/2022 Interest Bank Stmnt 5.46 173,309.94
2/28/2022 Check Ernest McFaddin 4,525.52 168,784.42
2/28/2022 Check Heather W. Musick 2,043.20 166,741.22
2/28/2022 Check VCC Bank 32,960.20 133,781.02
2/28/2022 Check First Bank & Trust Company 2,781.35 130,999.67
2/28/2022 Check First Bank & Trust Company 5,489.00 125,510.67
Ending Balance: 125,510.67
W000000110 00FB&T
0000000083 000000033
0000006239 00VCC
W000000109 00FB&T
0000006238 00VCEDA
DEPOSIT
166
INTEREST
0000000082 000000015
W000000107 00IRS
165
DEPOSIT
0000006237 00TOL
0000000080 000000020
0000000081 000000021
W000000106 00FB&T
0000000077 000000017
0000000078 000000018
0000000079 000000019
0000000074 000000005
0000000075 000000013
0000000076 000000016
164
W000000104 00FB&T
0000006236 00IGO
0000000073
0000006233 00MCFERN
0000006234 00SUSCLE
0000006235 00TURCLE
W000000105 00APCO
0000006231 00CHALAW
0000006232 00ELLCAR
0000006229 00USPS
DEPOSIT
DEPOSIT
DEPOSIT
0000006230 00BRISIGN
W000000101 00FB&T
DEPOSIT
162
DEPOSIT
3
Reference
Number
Document
Amount
Bank
Balance
Beginning Balance:
Bank Recap Report
For All Document Types
Document Date Range: From: 02/01/2022 To: 02/28/2022
Industrial Development Authority of Russell County (IDA)
FB&T Operating Account
Document/
Check
Document
Type
Check
Number
6
DSS Payment
DSS 3B Rent
Polycap Rent
Probation Rent
Stamps
TDEC Cleaning
TDEC Rent
I-Go rent
Deposit probation Sign
Utilities
Legal
Reimbursement
Reimbursement
Cleaning TDEC
Cleaning Probation
Tobacco Grant Igo
Payment to consolodate
Grant Payout
Pymnt to consolodate
P/R Tax
Grant
JM Conveyors Rent
Utilities
JM Conveyors Pymnt
HH Log rent
Utilities refund
Polycap Pymnt
Interest Loans
Closing Cost
Bank Recap Report
For All Document Types
Document Date Range: From: 02/01/2022 To: 02/28/2022
Document
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pracaze
praaze
preaaze
ereaze
ereaze
onsaze
pevenze
eaaza
eataza
eataza
eataza
eataza
eataza
eaaza
Document
Type
cock
epost
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Wire
creck
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creck
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rec
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Depost
epost
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FLT Operating Account
Check
wo00000101
ao0005229
400005230
wo00000105
ao0006231
oqoo005232
oqo0005233,
oaoo005234
oaoo005235.
woo0000108
oao0006236.
oqoo000073
oqooaa0074
oqoo000075.
oqoo000078
oqoo000077
oqoo000078
oaooa00079
oqaoaa0060
condones
woo0000r08
wo00000307
oaoo006237
ogoo006238
oqoo000082
oaooaa00e3
oqo0006239
wo00000100
woo0000110
Reference
ores
Pos
12
epost
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Industrial Development Authority of Russell County (IDA)
comment
‘Chock Payee Name
Fest Bank & Trt Company
‘CASH RECEIPT DEPOSIT
Depost
‘CASH RECEIPT DEPOSIT
“TransfrFom Operating to Motel Act
Unto Stes Postal Seren
‘CASH RECEIPT DEPOSIT
‘CASH RECEIPT DEPOSIT
‘CASH RECEIPT DEPOSIT
Bristol Sgn Co. Walden, LLC
Apalaction Pee Conny
CCampbel Che, PC
Carton it
Ernest MeFi
So’s Cleaning Sone inc
Tumee Casning Servee LLC
Dopost
Fes Bank & rst Company
1a Teeholeay
Roger. Swot
Wiliam ¢ Eo
Renard Lockione
Jno Gass
Donne Cristian
Jann Stamper
Dotan C Jackson
Fee Bank & Test Company
Ine Revenue Secs
epost Tobacco Grant
‘CASH RECEIPT DEPOSIT
Town f.ebaren VA
‘ga Cot Economic
‘CASH RECEIPT DEPOSIT
Dopost
fan Sent
Ernest MeFoaan
Heather Musk
OC Bank
Fee Bank & rst Company
Feet Bank Trust Company
1088 Payment
1098.28 Rent
Pateap Rant
Proton Rent
Stamos
ToEC Glosring
ToEC Rent
G0 rent
(Dopost probation Sion
Reimbursement
Reimbursement
‘lsning TEC
‘lenin Probaton
Tobacie Grentige
Paymortoconsledte
Grant Payout
Pymtoconslodste
PRR Tax
rant
IM Conveyors Rent
IM Conveyors Pmt
HA Log rent
sities eid
Patan Pym
Closing Cost
Document
Beginning Balance:
570459
17,082.00,
298547
252875
520786
11600
7500,
1,705.00
150.00
sz001
‘ane7
53790
500
1058
2500,
0000
ngsen12
soune2
sigsen12
000
1470
1836
1470
1470
1470
1470
1470
1470
soune2
08276
760129
1425800
3600
2481.66
1,000.00
er
546
52552
204320,
290020
278135.
48900
Ending Balance:
ane
1506.10
192,163.10
105,140.57
wonar92
161.98946
1197046
102,540.46
16425046
16440046
11.1734
100,95278
15591498
15524908
155,199.20
15491420
15441420
er 95642
2evorsa0
747068
747068
7.28598
146.59760
14641290
14622820
146,049.50
145,958.00
145.67410
145.48940
19994578
193.860.02
ros
0474731
arin
17220965
179.26065
7930448
17930994
169,76442
1674122
199,781.02
120.99967
12551067
12551067
Bank Code:
Comment/
Check Payee Name
5,248.92-
2/2/2022 Deposit Cover the VSBFA Loan Payment 5,287.86 38.94
2/7/2022 Deposit CASH RECEIPT DEPOSIT 8,535.16 8,574.10
2/7/2022 Check Cumberland Plateau 3,247.30 5,326.80
2/28/2022 Check Cumberland Plateau 3,247.30 2,079.50
2/28/2022 Check Virginia Small Business 5,287.86 3,208.36-
3/3/2022 Deposit Deposit 8,535.16 5,326.80
0000002625
0000002623
0000002624
Document
Amount
Bank
Balance
Beginning Balance:
Bank Recap Report
For All Document Types
Document Date Range: From: 02/01/22 To: 02/28/22
Industrial Development Authority of Russell County (IDA)
FB&T Motel Account
Document/
Check
Document
Type
Check
Number
7
Bank Recap Report
For All Document Types
Document Date Range: From: 02/01/22 To: 02/28/22
Industrial Development Authority of Russell County (IDA)
Document
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zn
zr
eazaze
eazaze
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Document Check
Type
Dopost
Dopost
Chek
Check
Chek
Dopost
coooonz6z3
coooonzeze
cooao02625
comment Document
‘Chack Payee Name ‘mount
Beginning Balance:
Coverthe VSFA Loan Payment 526786
‘CASHRECEIPT DEPOSIT 8536.6
Cumberand Paste a2030
Cuberand Pistons 2020
‘iia Smot Business 526786
Dopost 2595.16
ane



Ee
457430
5.92690
20750
3.208 36-
592690
Bank Code:
Comment/
Check Payee Name
57,867.15
2/2/2022 Deposit Deposit - VCEDA Acme Project Draw 48,424.30 106,291.45
2/2/2022 Check Baker Roofing Company Acme Roof 39,600.00 66,691.45
2/2/2022 Check Chad Newberry Construction Acme Garage Door 1/2 12,358.00 54,333.45
2/17/2022 Check Bristol Sign Co. Walden, LLC Dep Gov Center Sign 4,396.30 49,937.15
2/21/2022 Deposit CASH RECEIPT DEPOSIT Ceccato Rent 6,478.75 56,415.90
2/22/2022 Check Microsoft Project Software 30.00 56,385.90
2/28/2022 Interest Bank Stmnt 1.76 56,387.66
2/28/2022 Check Chad Newberry Construction Russell Place & Acme 10,005.08 46,382.58
Ending Balance: 46,382.58
DEPOSIT
W000000108 00MS
INTEREST
0000001164 00CHANEW
73
0000001161 00BAKROO
0000001162 00CHANEW
0000001163 00BRISIGN
Reference
Number
Document
Amount
Bank
Balance
Beginning Balance:
Bank Recap Report
For All Document Types
Document Date Range: From: 02/01/22 To: 02/28/22
Industrial Development Authority of Russell County (IDA)
FB&T - Projects
Document/
Check
Document
Type
Check
Number
8
Bank Recap Report
For All Document Types
Document Date Range: From: 02/01/22 To: 02/28/22
Industrial Development Author
‘of Russell County (IDA)
BankCode: FRET. Projects
Document) Document Check Reference Comment! Document Bank
check Type Number Number ‘Check Payee Name ‘mount nee
Beginning Balance: 57,857.15.
pane Dopost n Depost-VCEDA Aeme Poet Dao 4942420 106,261.45,
poneze Check 0000001161 OBRKROO Baker Roofng Company sere Rook 3s,e0000, 99145
pone Check 0000001162 GOCHANEW Cha Newbery Consrucion ‘ere Garage D002 vaasa00, 4345
prance Check 0000001169 OOBRSIGN Brita San Co, Wallen, LLC eo Gov Conor San “36620 soars
peveaze Dopost DEPOSIT —_CASHRECEIPT OgPOSIT ‘cacsto Rent ares 41590
2eaaze (Cheek woooon0108 oom lerosot Proje Soars a0 5.285 90
eazaze Inorest INTEREST Bank Sint 176 5.287.8
ewzaze (Check 0000001164 GUCHANEW Cha Newbery Consrucion Reseal Pas & hee 1,005.08 82 58
Ending Balance: 4258
Bank Code:
Comment/
Check Payee Name
11,422.30
2/14/2022 Deposit Deposit Nxt Gen Welding 180.00 11,602.30
2/15/2022 Deposit Deposit Honaker Whsle 800.00 12,402.30
2/28/2022 Adjustment Posting Error 0.01 12,402.29
2/28/2022 Interest Bank Stmnt 0.28 12,402.57
Ending Balance: 12,402.57
Document
Amount
Bank
Balance
Beginning Balance:
Bank Recap Report
For All Document Types
Document Date Range: From: 02/01/22 To: 02/28/22
Industrial Development Authority of Russell County (IDA)
FB&T - USDA RLF
Document/
Check
Document
Type
Check
Number
9
Bank Recap Report
For All Document Types
Document Date Range: Fro
2101/22 To: 02/28/22
Industrial Development Authority of Russell County (IDA)
BankCode: —FRET-USDARLF
Document) Document Check ‘comment Document ane
check Type Number Chack Payee Name ‘Amount salance
Beginning Balance: ‘142220
prazaze Dopost epost Ne Gen Wang +8000 syen230
prsaaze Dopost epost Honaker Wnste 00.00 saan230
ewzaze Pusan Posing Ere oor 20229
eazaze Inert Bank Sent 028 aa0257
Ending Balonce saa02s7
Bank Code:
Comment/
Check Payee Name
81,445.63
2/28/2022 Deposit Deposit Rent 35,145.98 116,591.61
2/28/2022 Interest Bank Stmnt 1.90 116,593.51
2/28/2022 Check Town of Lebanon VA Note 22,099.16 94,494.35
2/28/2022 Check Treasurer of Virginia Final Tobacco Payment 12,800.00 81,694.35
2/28/2022 Check Virginia Coalfield Economic Note 12,845.26 68,849.09
Ending Balance: 68,849.09
0000002794
0000002792
0000002793
Document
Amount
Bank
Balance
Beginning Balance:
Bank Recap Report
For All Document Types
Document Date Range: From: 02/01/22 To: 02/28/22
Industrial Development Authority of Russell County (IDA)
FB&T - Steel Fab
Document/
Check
Document
Type
Check
Number
10
Bank Recap Report
For All Document Types
Document Date Range: From: 02/01/22 To: 02/28/22
Industrial Development Authority of Russell County (IDA)
BankCode: FRAT - Stel Fab
Document’ Document Check comment Document Banke
check Type Number ‘Chack Payee Name ‘mount salance
Beginning Balance: 144563
eazaze epost Dopost Rent 35.4598 srgso161
eazaze norest nk Strat 190 165051
eazaze Check 0000002782 Towmof Lebanon VA Nove 7208036 944985
eazaze Check 0000002799 Treaster of Venn Frat Tobscco Payment ‘20000 908.35
eaaze (Check 0000002798 Virgin Conti Economic Note sa8s26 6999909
Ending Balance: 6999909
10
Bank Code:
Comment/
Check Payee Name
101,313.37
2/28/2022 Interest Bank Stmnt 15.54 101,328.91
Ending Balance: 101,328.91
INTEREST
Reference
Number
Document
Amount
Bank
Balance
Beginning Balance:
Bank Recap Report
For All Document Types
Document Date Range: From: 02/01/22 To: 02/28/22
Industrial Development Authority of Russell County (IDA)
FB&T - Savings
Document/
Check
Document
Type
Check
Number
11
Bank Recap Report
For All Document Types
Document Date Range: From: 02/01/22 To: 02/28/22
Industrial Development Authority of Russell County (IDA)
BankCode: —FRET- Savings
Document) Document Check Reference Comment! Document Banke
check Type Number Number ‘Check Payee Name ‘mount salance
Beginning Balance: 0131337
eazaze norest INTEREST Bank Sint 1554 sorszasi
Ending Batonce: sov3zas1
11