Joint Development Authority of the Athens-Clarke County Unified Government & the City of Winterville

MINUTES JOINT DEVELOPMENT AUTHORITY OF THE UNIFIED GOVERNMENT OF ATHENS-CLARKE COUNTY, GEORGIA AND THE CITY OF WINTERVILLE Wednesday, November 3rd, 2021 – 5:30 pm Held remotely via WebEx and streamed at: https://youtu.be/C8wnXhbjZsw Attendees Erica Cascio Dodd Ferelle Kelly Girtz Stephanie Lynn David Matthews-Morgan Ilka McConnell Tim Pierce-Tomlin Absent Dan McRae, Attorney Ken Parris A. Call to Order: David Matthews-Morgan, Chair, welcomed the members and called the special called meeting to order. B. Approval of Agenda Motion to approve: Stephanie Lynn Second: Erica Cascio Directors unanimously approved motion C. Approval of Minutes of Last Meeting Motion to approve minutes: David Matthews-Morgan Second: Stephanie Directors unanimously approved the motion D. Old Business (Directors) No old business to discuss. E. New Business (Directors) 1. Election of Officers for One-Year Terms 1. Chair nomination: David Matthews-Morgan Nominated accepts  Motion to approve: Stephanie Lynn Second: Dodd Ferelle Directors approved unanimously 2. Vice-chair: Erica Cascio Nominated accepts Motion to approve: Stephanie Lynn Second: Dodd Ferelle Directors approved unanimously 3. Secretary: Timothy Pierce-Tomlin Nominated accepts Motion to approve: Erica Cascio Second: Dodd Ferelle Directors approved unanimously 4. Secretary: Stephanie Nominated accepts Motion to approve: Erica Cascio Second: Timothy Pierce-Tomlin Directors approved unanimously 2. Discussed acceptance of the new JDA Financial Positions, Responsibilities, Procedures, and Policies document. Discussed feedback from auditors on policies and suggested improvements. Motion to accept the document as designed: David Matthews-Morgan Second: Erica Cascio Motion passes unanimously 3. Discussed loan restructuring plan. Motion to implement a change of term for 3 months, if requested by borrowers: Stephanie Lynn Second: Erica Cascio Motion passes unanimously F. Treasures Report (Stephanie Lynn) ● 13 loans (~15% of total loans) are overdue. ● Updated on next steps related to late loans Motion to allow a one-time waiver for late fees: Matthew Second: Erica Cascio Motion passes unanimously ● 69,714.89 has been returned, interest 734.27 to date ● Reviewed audit updates G. Next Regular Called Meeting The regular called meeting will be on February 2nd at 5:30. H. Adjourn Motion to adjourn: David Matthews-Morgan Second: Dodd Ferelle Vote in favor of adjourning: Directors unanimously approved the motion Meeting adjourned at 5:47