HomeMy WebLinkAbout10/21/2009 - Minutes The Economic Development Authority of Roanoke County
Roanoke County Administration Center
5204 Bernard Drive
Roanoke;Virginia 24018
Minutes .:
Wednesday,October 21,2009, 9:00 A.M.
Members Present
Chairman-Bill Branch
Vice Chairman-Steve'Musselwhite
Greg Apostolou
Woody Windley
Alan"Cap"Robinson
Secretary-Treasurer, Doug Chittum
Recording Clerk,_Glenna Ratcliffe
Members Absent
Anthony Conner
Carole Brockman
Guest
Jill Loope, Assistant Director of Economic Development
Elizabeth Atkinson,Manager.of Finance
Megan Cronise,Principle Planner
Brian Epperly, Transportation Engineer
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
August 19th minutes as read. The motion carried by unanimous voice vote.
Finance Report
Elizabeth Atkinson, Finance Manager, presented the financial report along with the proposed
2009-2010 Economic Development Authority- budget. . The proposed budget reflected a
reduction of $1,600 from $7,000 to $5,400. A motion was made by Steve Musselwhite-and -
seconded by Cap Robinson to approve,the proposed budget as presented. The motion carried by:.
unanimous vote. The reports were received and filed:
Page 2
October 21,2009
Economic Development Authority
Minutes
Briefing
Plantation Road & VDOT Enhancement
Megan Cronise, Principle Planner with the Department of Community Development, gave a
power point presentation on the Plantation Road and VDOT Enhancement Program. Roanoke
County Office of Community Development is preparing an application for Federal funds under
the SAFETEA-LU program to improve pedestrian and bicycle.facilities as well as to improve the
appearance, safety and functionality of the Plantation Road area: Ms. Cronise reviewed the
project scope, goals and implementation strategies. She asked the EDA to prepare a letter of
support for the application if they were supportive of the initiative.
After the presentation, discussion followed regarding the effort to improve and enhance the area.
A motion was made by Steve Musslewhite and seconded by Cap Robinson to support the
application. The motion carried by unanimous voice vote. '
West County Rt. 11/460 Corridor Study
Doug Chittum, Director of Economic Development, stated Rt. 11/460 corridor would also
undergo a corridor study. The road project is going forward and he felt this to be another area
where enhancement would be beneficial to the county.
Performance Agreements Update .
Jill Loope,Assistant Director of Economic Development, briefed the EDA on the status of
Performance Agreements namely Tecton Products, LLC and Integrity Windows, Inc. She stated
both companies fell short on job creation and will have to repay funds to the state and will have a
reduction in reimbursement from the county as well. However, both companies exceeded
investment requirements. The economy played a major role in the job creation shortfall shortfall.
Reports and Inquiries of Board Members
Hearing none
Adjourment
Billy Branch, Chairman, adjourned the meeting at 9:40'a.m.
Next Scheduled Meeting
November 18, 2009
Respectfully submitted,
thir
E. Douglas Ch'ttum
Secretary-Trea urer
EDA Meeting
August 19, 2009
Treasurer's Report
Financial Reports
• Preliminary reports for FY2009 —subject to audit
• • Cash Balance at year end - $ 652,732.58
• Cash Balance as of July 31 - $ 653,633.94
Significant Transactions since last meeting
• Payment to Foti Flynn of$4,080 for FY2008 audit