Downtown Development Authority Special Called Meeting

Downtown Development Authority Special Called Meeting Monday, May 12, 2025 at 6:00 PM City Hall, 875 Main Street, Stone Mountain, Georgia 30083 Minutes I. Call to Order  Carl Wright called the special called meeting to order at 6:00 pm.  Members Present: Carl Wright, Robert Witherspoon, Sarah Hage, Denise Phillips, Council Member Anita Bass. The DDA Legal Counsel also attended the meeting. Michelle Dunbar arrived at 6:10pm. Thom DeLoach attended virtually. II. Approval of the Agenda • Council Member Bass made a motion to approve the agenda, seconded by Robert Witherspoon. Unanimously approved. III. Executive Session to Discuss Personnel, Legal, and/or Real Estate (if needed) 1. Legal Purposes: Densie Phillips made a motion to enter into an executive session, seconded by Sarah Hage. Unanimously approved. 2. Denise Phillips made a motion to exit the executive session, seconded by Michelle Dunbar. Unanimously approved. 3. Sarah Hage made a motion to approve Resolution 05-11-2025, seconded by Denise Phillips. Unanimously approved. The resolution was about: Designation of Authorized Representatives of and Signatories for the Downtown Development Authority of the City of Stone Mountain, Georgia for Truist Bank. The DDA designated the following people as signatories for the DDA for the Truist Accounts, subject to the two-signature requirement set forth in the Resolution: o Denise Phillips, Member of the Board of Directors and Treasurer of the DDA o Robert Witherspoon, Member of the Board of Directors and Vice-Chair of the DDA o Miglena Dimov, Executive Director of the DDA o Shawn Edmondson, City Manager of the City of Stone Mountain, Georgia IV. Adjournment: o Anita Bass made a motion to adjourn the meeting, seconded by Sarah Hage. Unanimously approved.