HomeMy WebLinkAbout9/25/1990 - Minutes r
MINUTES
Roanoke County Industrial Development Authority
9:00 a.m, September 25, 1990
Members Present: Members Absent:
Charles Saul, Chairman Bill Branch
Darnell Vinyard
Carson Quarles
Rick Cranwell
Bill Triplett
Dan Zahn
Timothy Gubala, Secretary
Edward Natt, Counsel
Others Present:
Paul Mahoney, County Attorney
Mark Heath, Regional Partnership
Chairman Saul called the meeting to order at 9: 04 a.m. in the
Community Room of the Roanoke County Administration Center.
Minutes of the previous meeting (August 30) had been distributed
to members. A motion to approve the minutes was made by Carson
Quarles, seconded by Bill Triplett and carried unanimously.
Chairman Saul made brief introductory comments and asked Ed Natt
for a financial report. Mr. Natt indicated that the audit had not
been completed.
Chairman Saul called on Tim Gubala to brief the Authority on
unfinished business. He gave a status report that the three
options had been obtained on behalf of the Authority. Also, a
rezoning, a land use amendment and a variance application(s) had
been filed in the Authority's name. Mark Heath commented on the
confidentiality of the prospect and the project.
Ed Natt explained that the Authority had taken the options on
behalf of the County and the prospect. Roanoke County would have
to provide funds for the purchase price. Mark Heath indicated that
the prospect would reimburse option money to the Authority for two
of the tracts of land (Fitzwater and Properties, Inc. )
Carson Quarles made a motion, seconded by Bill Triplett, to
authorize Chairman Saul to execute documents and assign options to
the prospect, subject to receipt of a funding donation from Roanoke
County. Motion passed by unanimous voice vote.
Tim Gubala distributed a memorandum on the status of the insurance
coverage for the Authority. Roanoke County's Risk Manager Bob
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Jernigan indicated that the Authority was not covered under County
insurance. He requested a letter from the Authority indicating
their duties and expanded role. Ed Natt stated that he would write
the letter and statement.
Carson Quarles made a motion, seconded by Darnell Vinyard, that the
Authority receive evidence of specific insurance coverage prior to
the transfer of the options and their assignment to the prospect.
Motion passed by unanimous voice vote.
Ed Natt reported on the variance application for height for the
prospect's proposed building. There were several alternatives
being pursued with the County staff.
Dan Zahn reported that this was his last meeting because the Board
of Supervisors had adopted a residency policy for Board and
Commission appointees.
There being no further business, the meeting adjourned at 9:34 a.m.
Respectfully submitted
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Timot yW. Gukala Secretary
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