The Economic Development Authority

THE ECONOMIC DEVELOPMENT AUTHORITY OF STAFFORD COUNTY, VIRGINIA

REGULAR BIMONTHLY MEETING MINUTES November 12, 2010

1. CALL TO ORDER

The regularly scheduled bimonthly meeting of The Economic Development Authority (EDA), of Stafford County, Virginia was held on November 12, 2010 in the Board Chambers of the Stafford County Government Center located at 1300 Courthouse Road Stafford, Virginia at 1:30 P.M. A quorum was present.

Mr. Newlin introduced Faith McClintic to the Board. Ms. McClintic is the new Assistant Director of Economic Development.

Members Present Don Newlin Chairman David Beiler Jo Knight Jack Rowley Eric Cole Wendy Surman

Members Absent Joel Griffin

Also Present: Tim Baroody Secretary Brad Johnson Treasurer Faith McClintic Assistant Director Economic Development Charlie Payne EDA Counsel

2. APPROVAL OF MINUTES Motion for approval of the September 10, 2010 Regular Meeting Minutes was made by Mr. Rowley. Ms. Knight seconded the motion.

VOTE 6-0 approved

Motion for approval of the October 15, 2010 Special Meeting Minutes was made by Mr. Rowley. Ms. Knight seconded. VOTE: 6-0 approved

3. PUBLIC PRESENTATION None

4. TREASURER’S REPORT

. October 2010 Balance $244,109.59 . November 2010 Balance $222,402.17

A motion was made by Ms. Knight to accept the Treasurer’s reports. Ms. Surman seconded the motion.

VOTE: 6-0 approved

Financial Statement – Ms. Kari Blosser of Bowling Franklin & Co. presented the Board with the 2010 Financial Statement. Ms. Blosser stated that there were no irregularities and everything was the same as in previous years. She suggested that a software program such as Quickbooks would be something the Board should consider obtaining.

A motion was made by Mr. Rowley to approve the Financial Statement. Ms. Knight seconded.

VOTE: 6-0 approved

5. SECRETARY’S REPORT

Mr. Baroody gave the Board the following update:

. Mr. Baroody presented the Board with a comprehensive list and corresponding map of all the available county property. The Board had requested this information at the last EDA meeting in regards to Germanna Community College . Mr. Baroody informed the Board that he and Ms. McClintic were working on a White Paper that would address better communication with the EDA and ways for the EDA to become more proactive. The White Paper would be presented to the Board in January.

6. CHAIRMAN’S REPORT None

7. COMMITTEE REPORT

None 8. OLD BUSINESS Germanna Community College - Mr. Rowley gave an update on the Germanna Stafford expansion. The sub-committee of Mr. Rowley, Mr. Beiler, Ms. Knight and Mr. Baroody met with Dr. Sam to discuss the Stafford expansion. Mr. Rowley reported that Dr. Sam was very receptive to the possible expansion; he stated that the college was growing at 10+% per year and the Stafford Campus now serves 1,200 students. Mr. Baroody suggested that the sub-committee prepare a presentation for the Board of Supervisors to be given at the November 30, 2010 meeting.

PUBLIC HEARING - Mr. Newlin opened the Public Hearing in regards to a Resolution which was brought before the Board to support the sale of Industrial Revenue Bonds by the Fredericksburg Economic Development Authority for the purchase of land and equipment related to the Mary Washington Healthcare Cancer Center.

Mr. Newlin recused himself from the hearing because he is on the Board of Mary Washington Healthcare. Mr. Rowley took over the meeting. Mr. George Consolvo gave an explanation of the resolution and was there to answer any questions. There was no public input at the hearing. The Public Hearing was then closed.

A motion was made by Ms. Knight to approve the resolution to support Mary Washington Healthcare. Ms. Surman seconded.

VOTE: 6-0 approved

9. NEW BUSINESS

▪ Mr. David Shotwell and his students gave the Board a presentation on the First Robotics Program.

A motion was made by Ms. Surman to give $8,500.00 to the First Robotics Program. Mr. Rowley seconded.

VOTE: 6-0 approved

10. ATTORNEY’S REPORT

11. ADJOURNMENT There being no further business brought before the EDA, Mr. Newlin adjourned the meeting at 3:15 P.M. to the next Regular Meeting on Friday, January 14, 2011

MINUTES SUBMITTED BY:

Tim Baroody EDA Secretary

MINUTES APPROVED BY:

______Don Newlin EDA Chairman