Development Authority

DEVELOPMENT AUTHORITY MINUTES Thursday, October 06, 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 5:02 pm after recognizing a quorum. 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 Strickland, Seconded by Board Member Dennison. Voting Yea: Board Member Brown, Board Member Dennison, Board Member Walls, Board Member Johnston, Board Member Hardy, Board Member Strickland Approval of Prior Meeting Minutes 1. Approval of Regular Meeting Minutes for May 12, 2022 and July 11, 2022 Motion to approve the May 12, 2022 and July 11, 2022 Minutes from the Development Authority Regular Meeting made by Board Member Walls, 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 2. Approval of Executive Session Minutes for May 12, 2022 and July 11, 2022  Motion to approve the May 12, 2022 and July 11, 2022 Minutes from the Development Authority Executive Session made by Board Member Walls, 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 Executive Session - Real Estate Motion to enter into Executive Session made by Board Member Brown, 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 Motion to exit Executive Session made by Board Member Walls, Seconded by Board Member Dennison. Voting Yea: Board Member Brown, Board Member Dennison, Board Member Walls, Board Member Johnston, Board Member Hardy, Board Member Strickland Executive Session: 1 item discussed: No votes taken. Final Adjournment Motion to approve the Third Amendment to the contract for purchase and sale with DeThomas Investments, LLC to extend closing for 180 days until March 13, 2023 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 the meeting made by Board Member Adam, 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 Minutes Signature _________________________ Jay Johnston, Chairman _________________________ Chuck Warbington, Secretary/Treasurer