HomeMy WebLinkAbout12/5/2001 - Minutes Minutes of
Industrial Development Authority of Roanoke:County.
10:00 AM
December 5,2001
MEMBERS PRESENT: GUESTS:
Bill Branch, Chairman Paul Mahoney
Steve Musselwhite,Vice-Chairman Rosemary Trussell
Carole Brackman
Craig Sharp. MEMBERS ABSENT:
Linwood Windley Neil Gallagher
Ed Natt, Counsel
Doug Chittum, Secretary-Treasurer
Chairman Bill Branch called the meeting to order at 10 a.m. in the conference room of
the Roanoke County Administration Building. Mr.Branch presented the minutes of the
November 7, 2001 meeting and they were approved with a unanimous voice vote.
Unfinished Business
An update was given to the Board by Doug Chittum on the Mini-Grant Program for the
Vinton area, responding specifically to an inquiry from Steve Musselwhite. Clay'
Goodman is to handle funding and Roanoke County has offered staff expertise and
assistance with the proposed program.
New Business
Doug Chittum announced that Novozymes would be the first tenant in the Center for
Research and Technology(CRT) site. The Roanoke County Board of Supervisors has
approved the conveyance of 30 acres of land to the Industrial Development Authority.
A motion was made by Steve Musselwhite that the Board give authority to Chairman Bill
Branch to execute documents related to accepting the 30 acres from the County, and the
Performance Agreement between Roanoke County,Novozymes and the IDA. -This
motion was seconded by Carole Brackman and approved with a unanimous voice vote.
The Board was brought up to date on events concerning Advance Auto. Doug Chittum
explained that due to their growth,they have decided to'locate in a larger facility in
Roanoke City instead of following through,with their previously announced Roanoke
County expansion. Steve Musselwhite made a motion to authorize the execution of
documents to rescind the various Performance Agreements with Advance Auto provided _
Roanoke County and-IDA Counsel have reviewed the documents. The_motion was
seconded by Carole Brackman and approved with a unanimous voice vote.
Craig-Sharp discussed his confusion on requirements to qualify for an IDA bond citing.
his experience with trying to gather information for a corporate client. He made a
motion to have an informational flyer created describing programs available and put on
- ' the website. Steve Musselwhite seconded the motion and it was approved with a
unanimous voice vote. Doug Chittum addressed Mr. Sharp's concerns and brought the
Board up to date on the website that is now being created for Economic Development.
IDA will be part of this site and will include bond information. Copies of the information
to be placed on the website will be distributed to the Board members.
Treasurer's Report
Rosemary Trussell handed out copies and gave an overview of the IDA budget for period
ending November 30, 2001. There were no questions.
The IDA Audit was completed on November 5, 2001_and will be distributed as soon as
copies are received from the auditor. The IDA is to be included in the RFP bid process
nextyear along with the Resource and Greenway Authorities. They can be bid
individually or as a group.
There being no further business, the meeting was adjourned at 10:30 AM.
NEXT MEETING: January 2,2002
Respectfully Submitted:
r fe
E. DouglaCthittum
Secretary-Treasurer
2