Development Authority

DEVELOPMENT AUTHORITY MINUTES Monday, July 11, 2022 Third Floor GwMA Conference Room 5:00 PM 70 S. Clayton St, GA 30046 Call to Order Chairman Johnston called the meeting to order at 5:03 pm. PRESENT Board Member Adam Brown Board Member William Dennison Board Member Carl Walls Board Member Jay Johnston Board Member Bruce Hardy Board Member Robert Strickland Approval of Agenda Motion to approve the agenda made by Board Member Brown, Seconded by Board Member Hardy. Voting Yea: Board Member Brown, Board Member Dennison, Board Member Walls, Board Member Johnston, Board Member Hardy, Board Member Strickland Executive Session - Real Estate Motion to enter into Executive Session made by Board Member Brown, Seconded by Board Member Hardy. Voting Yea: Board Member Brown, Board Member Dennison, Board Member Walls, Board Member Johnston, Board Member Hardy, Board Member Strickland Motion to exit Executive Session made by Board Member Dennison, Seconded by Board Member Strickland. Voting Yea: Board Member Brown, Board Member Dennison, Board Member Walls, Board Member Johnston, Board Member Hardy, Board Member Strickland 4 Real Estate Items Discussed: No votes taken Final Adjournment Motion to approve the first amendment with Applelands, LLC which would extend the closing date to August 31, 2022 and an additional $10,000 for escrow with City Attorney approval made by Board Member Dennison, Seconded by Board Member Hardy. Voting Yea: Board Member Brown, Board Member Dennison, Board Member Walls, Board Member Johnston, Board Member Hardy, Board Member Strickland Motion to approve the second amendment with DeThomas Investments, LLC which would extend the closing date to September 14, 2022 with City Attorney approval made by Board Member Brown, Seconded by Board Member Walls. Voting Yea: Board Member Brown, Board Member Dennison, Board Member Walls, Board Member Johnston, Board Member Hardy, Board Member Strickland Motion to approve the first amendment with Randy's Nursery and Greenhouses, Inc. for a 60-day extension until October 31, 2022 and to give them access to the land with City Attorney approval made by Board Member Dennison, Seconded by Board Member Brown. Voting Yea: Board Member Brown, Board Member Dennison, Board Member Walls, Board Member Johnston, Board Member Hardy, Board Member Strickland Motion to adjourn made by Board Member Brown, Seconded by Board Member Hardy. Voting Yea: Board Member Brown, Board Member Dennison, Board Member Walls, Board Member Johnston, Board Member Hardy, Board Member Strickland Minutes Signature ________________________________ Jay Johnston, Jr., Chairman ________________________________ Chuck Warbington, Secretary/Treasurer