HomeMy WebLinkAbout8/19/2009 - Minutes The Economic Development Authority of Roanoke County
Roanoke County Administration Center
5204 Bernard Drive
Roanoke,Virginia 24018
Minutes
Wednesday,August 19,2009, 9:00 A.M.
Members Present
Chairman-Bill Branch
Vice Chairman-Steve Musselwhite
Greg Apostolou
Carole Brockman
Woody Windley
Alan"Cap"Robinson
Anthony Conner
Counsel,Ed Natt
Secretary-Treasurer,Doug Chittum
Recording Clerk, Glenna Ratcliffe
Members Absent
None
Guest
Jill Loope,Assistant Director of Economic Development
The Economic Development Authority of Roanoke County, Virginia met this day at the
Roanoke County Administration Center,this being their regular monthly meeting
Call to order
Chairman,Billy..Branch, called the meeting to order at 9:00 A.M.
Minutes
A motion was made by "Cap" Robinson and seconded by Steve Musselwhite, to approve the
May 20th minutes as read. The motion carried by unanimous voice vote.
Finance Report
The cash balance at the end of June 2009 was $652,732.58. The cash balance at the end of July
was $653,633.94. One significant transaction was payment to Foti Flynn for FY2008 audit in the
amount of$4,080. The reports were received and filed.
CLOSED MEETING
At 9:05 a.rn.:, Steve.Musselwhite moved to go into closed meeting, seconded by"Cap"Robinson,
' pursuant to the Code of Virginia Section 2.2-3711A.(3) discussion or consideration of the
acquisition of real property for a public purpose or of the disposition of publicly held real
property,namely Salem Vent, where discussion in an open meeting would adversely affect the
bargaining position or negotiating strategy of the public body.
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Minutes
The closed meeting was held from 9:05 a.m. until 9:30 a.m.
Certifying the closed meeting was held in conformity with the code!of Virginia.
At 9:30 a.m., Cap Robinson moved to return to open session and adopt the certification, seconded by
Anthony Conner.
WHEREAS, the Economic Development Authority of Roanoke County, Virginia has convened
a closed meeting on the date pursuant to an affirmation-recorded vote and in accordance with the
provisions of The Virginia Freedom of Information Act.
WHEREAS, Section 2.2-3711 .A (3) discussion or consideration of the acquisition of real
property for public purposes, or of the disposition of publicly held real property, where
discussion in an open meeting would adversely affect the bargaining position or negotiating
strategy of the public body. Sections §2.2-3712 (D) of the Code of Virginia requires a
certification by the Economic Development Authority.of Roanoke County, Virginia, that such
closed meeting was conducted in conformity with the Virginia Code.
NOW THEREFORE, BE IT RESOLVED, that the Economic Development Authority of
Roanoke County, Virginia, hereby certifies that,to the best of each members knowledge on such
public business matters as were identified in the motions convening the closed meeting were
heard, discussed or considered by the Economic Development Authority of Roanoke County,
Virginia
On a motion of 7-0 to adopt the Certification or Resolution for a Closed Meeting and carried by
the following recorded vote:
AYES: Chairman, Bill Branch, Vice Chairman, Steve Musselwhite, Greg Apostolou,
Carole Brackman, Woody Windley,Anthony Conner, Allan"Cap"Robinson
NAYS: None
ABSENT: None
A motion was made by Steve Musselwhite, seconded by Anthony Conner(1)to waive the option
provisions of Paragraphs 6 (waiving the right of the EDA to reacquire the property) for a period
of 6 months and(2)to waive the provisions of Paragraph 7 (waiving the right of first refusal) for
a period of 6 months, each as to the Protective Covenants on Lot 4A, Valley Tech Park. The
Authority shall consider a second six month waiver of these provisions if, at the end of the first 6
months,the owner is in good faith aggressively pursuing the sale of the property to an
appropriate buyer. However, the EDA does not waive the right to approve any subdivision or
sale of the property as set forth in Paragraph 7 and such shall remain in full force and effect. At
-- the end of the waiver period the EDA will determine how to proceed, including but not limited to
the repurchase of the property at the original purchase price per acre as per the protective
covenants, Conditions and Restrictions for the Valley Tech Park.
The motion carried by unanimous voice vote.
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Economic Development Authority
Minutes
Reports and Inquiries of Board Members
Hearing none
Adiourment
Billy Branch, Chairman, adjourned the meeting at 9:40 a.m.
Next Scheduled Meeting
September 16,2009
Respectfully submitted,
°-/M
E. Douglashittum
Secretary-Treasurer