Economic Development Authority

INDUSTRIAL DEVELOPMENT AUTHORITY of the CITY OF HAMPTON, VIRGINIA Minutes – Regular Meeting February 15, 2011 – 8:30 A.M. IDA Conference Room CALL Chair Benson called the meeting to order at 8:30 a.m. TO ORDER DIRECTORS William H. Benson, Wallace C. Arnold, Dr. Lewis J. Bellinger, PRESENT James R. Joseph, Anne W. Shuford and Ben A. Williams, III. Also present were Secretary-Treasurer James L. Eason and IDA Attorney S. Frear Hawkins, II. STAFF Mary Bunting, Pete Peterson, Vanessa Valldejuli, Bruce Sturk, PRESENT Terry O’Neill, Ellen Templeton, Susan Borland, Daniel Girouard, Michael Yaskowsky, Angela Freeman and Teresa Hudgins GUESTS Dr. Robert E. Lindberg, Jr. – National Institute of Aerospace PRESENT Steve Mallon – Craig Davis Properties Julie Steele – Environmental Specialties Group William Ellis, PLLC – Environmental attorney from Richmond MINUTES Chair Benson stated the Minutes of the January 18, 2011 IDA board meeting were distributed. A motion was made by Dr. Bellinger and seconded by Mr. Williams to approve the minutes as submitted. The motion carried. ECONOMIC Mr. Eason stated the updated Status Report on IDA Actions was DEVELOPMENT included in the package. The Hampton Roads Center Owners REPORT Association is reviewing the agreement regarding the declarant rights. We are waiting on a signed agreement before we proceed with the bidding process. In response to Mr. Joseph’s comments at the last meeting regarding the status of the wetlands permit at Hampton Roads Center North, Julie Steele and Bill Ellis are here to provide an update. Ms. Steele provided an overview of the current permitting process and answered questions regarding the process and risk issues. The current permit expires in June 2012. Mr. Ellis stated a draft application was being reviewed by the team and should be submitted to the Department of Environmental Quality (DEQ) within the next two weeks. Mr. Ellis anticipates DEQ approval within six months. LOAN Mr. Pilgrim was not present at the meeting. Mr. Eason asked PROGRAM Angela Freeman to present the Neighborhood Retail Revitalization Program Application for Son Kim Properties. Ms. Freeman stated the request was in the amount of $1,060 for window replacement. A motion was made by Mr. Williams and seconded by Mr. Arnold to approve the request as presented. A roll call vote was taken which resulted as follows: Ayes: Arnold, Bellinger, Joseph, Shuford, Williams and Benson Nays: None HAMPTON Mr. Benson stated he had discussed the program individually with INCUBATOR each board member and the consensus was to proceed with PROGRAM adopting the recommendations as set forth by the Incubator Committee. The Incubator Committee and staff will continue to work closely with the incubators over the next year, and more specifically, the Hampton Roads Technology Incubator to obtain the desired result for the incubator to be located on the third floor of the new NIA/Virginia Tech building. The Incubator Program is subject to City Council appropriating funding in the FY12 budget. A motion was made by Ms. Shuford and seconded by Mr. Arnold to adopt the recommendations as presented. A roll call vote was taken which resulted as follows: Ayes: Arnold, Bellinger, Joseph, Shuford, Williams and Benson Nays: None HRC NORTH Mr. Eason stated a proposal was received from the National FEASIBILITY Institute of Aerospace to conduct a feasibility study to market STUDY Hampton Roads Center North as a Science Park. Mr. Eason said staff approached Dr. Lindberg and began discussions regarding the positive things happening at HRC North and the potential to advance technology development efforts within the park. Dr. Lindberg said he presented the proposal to his board of directors and they are strongly supportive. Mr. Eason stated funding for Phase 1 could come from reallocating $20,000 from the Economic Development Fund ODU Langley Full Scale Wind Tunnel account and the remainder from the department’s budget savings account. A motion was made by Mr. Joseph and seconded by Mr. Arnold to have staff meet with Dr. Lindberg to finalize any remaining details of the proposal, Dr. Lindberg beginning the process of obtaining bids and staff securing the funding source with the board taking formal action at its March meeting. A roll call vote was taken which resulted as follows: 2  Ayes: Arnold, Bellinger, Joseph, Shuford, Williams and Benson Nays: None CLOSED Chair Benson stated a Closed Meeting will now be held in MEETING accordance with Sections 2.2-3711 A.3 & A.7 of the Code of Virginia to discuss or consider the disposition of publicly held real property in the Coliseum Central area where discussion in an open meeting would adversely affect the bargaining position or negotiating strategy of the Authority and to consult with legal counsel regarding specific legal matters requiring the provision of legal advice by such counsel and Section 2.2-3711 A.5 to discuss a prospective business or industry or the expansion of an existing business or industry where no previous announcement has been made of the business or industry’s interest in locating or expanding its facilities in the community. A motion was made by Mr. Williams and seconded by Mr. Arnold to go into the Closed Meeting. A roll call vote was taken which resulted as follows: Ayes: Arnold, Bellinger, Joseph, Shuford, Williams and Benson Nays: None CERTIFICATION Chair Benson stated it was now appropriate to take a Roll OF CLOSED Call vote and that to the best of our knowledge (i) only public MEETING business matters lawfully exempted from open meeting requirements under this chapter, and (ii) only such public business matters as were identified in the motion by which the Closed Meeting was convened were heard, discussed, or considered in the Closed Meeting. Any member who believes there was a departure from the requirements of subdivisions (i) and (ii) shall so state prior to the Roll Call vote, indicating the substance of the departure that, in his/her judgment has taken place. Such statements shall be recorded in the Minutes. Chair Benson asked for any statements. There were none. A motion was made by Mr. Arnold and seconded by Ms. Shuford to conclude the Closed Meeting and return to the Meeting. A roll call vote was taken which resulted as follows: Ayes: Arnold, Bellinger, Joseph, Shuford, Williams Benson Nays: None ADJOURNMENT There being no further business, the meeting was adjourned at 10:00 a.m. Respectfully submitted, James L. Eason Secretary-Treasurer /tbh 3