AMELIA COUNTY ECONOMIC DEVELOPMENT AUTHORITY MARCH 11, 2025 - 2 C - 1734-33 ECONOMIC DEVELOPMENT AUTHORITY Year appointed Year to be reappointei July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 Meeting Quorum Cancelled Not Met Eldon Attended 2021 2023 X X X X X X X Dieffenbach Virtually Dennis 2019 2023 X X X X X Tatum Robert C. 2021 2025 X X X X X X X X Smith Robert 2022 2026 X X X X X X X X Llewellyn Carly Attended 2021 2025 RESIGNED) Bullock Virtually Maudie 2022 2026 x X X X X X X Scott Winston 2022 2026 X X X X X X X Vaughn ECONOMIC DEVELOPMENT AUTHORITY Year appointed Year to be reappointed May 2024 June2024 July 2024 August 2024 September 2024 October 2024 November 2024 Dec 2024 JAN2024 FEB 2025 MAR2025 APR 2025 MAY: 2025 MEETING CANCELLED Eldon X X X X 2023 2027 X X X X X Dieffenbach X E Dennis X X 2023 2027 E X E Tatum X Robert C. X X X 2021 2025 X X X X X X Smith Robert X X E X 2022 2026 X X X X X Llewellyn Sam X X X 2024 2025 X X Attended X X X Arrington virtually Maudie X X X 2022 2026 E X X E X X Scott Winston X X E E X 2022 2026 X X X X Vaughn AGENDA COUNTY OF AMELIA ECONOMIC DEVELOPMENT AUTHORITY AMELIA COUNTY ADMINISTRATION BUILDING CONFERENCE ROOM TUESDAY, MARCH 11, 2025 AT 10:00 AM REGULAR MEETING 1. CALL TO ORDER/DETERMINATION OF QUORUM-CHAIRMAN 2. ROLL CALL 3. INVOCATION AND PLEDGE OF ALLEGIANCE 4. WELCOME 5. COMMUNICATIONS FROM CITIZENS 6. APPROVAL/ACCEPTANCE OF MINUTES AND FINANCIAL REPORTS A. Approval of Minutes B. Acceptance ofTreasurer's Reports 7. OLD/NEW BUSINESS A. Richardson Road Site 1. Appraisal 2. Signage B. Budget Discussion C. Business Appreciation Day 8. COUNTY ADMINISTRATOR'S REPORT 9. MOTION TO ADJOURN OR CONTINUE MEETING MINUTES: AMELIA ECONOMIC DEVELOPMENT AUTHORITY REGULAR MEETING HELD FEBRUARY 25, 2025 ON AT 1:00 PM. AT THE AMELIA COUNTY CONFERENCE ROOM EDA MEMBERS PRESENT: ELDON DIEFFENBACH ROBERT C. SMITH ROBERT LLEWELLYN WINSTON VAUGHN MAUDIE SCOTT SAM ARRINGTON ALSO PRESENT: CLARENCE C. MONDAY, County Administrator ASHLEY GUNN, Administrative Assistant The February 25, 2025 EDA meeting was called to order by Robert Smith. Roll Call was taken by Clarence Monday. Robert Llewellyn offered the invocation. Everyone participated in the Pledge of Allegiance. COMMUNICATION FROM CITIZENS No communication from citizens APPROVAL/ACCEPTANCE OF MINUTES AND FINANCIAL REPORTS The December minutes and January No meeting minutes were approved on a motion by Sam Arrington and seconded by Eldon Dieffenbach. The January 2025 Treasurer" s reports were accepted. OLD/NEW BUSINESS A. Richardson Road Site 1. Appraisal * Eldon Dieffenbach motioned, and Sam Arrington seconded, to accept and move forward with presented appraisal B. Amelia County Volunteer Fire Department- Amelia Commerce Park Site Request Roy Easter spoke on behalf of the ACVFD and requested the EDA give part of a parcel to the County in hopes of receiving a grant and building a Fire Training Facility. C. Longwood Small Business Development Center (SBDC) Dana Knott presented an update ofI Longwood SBDC's activity and future. D. Budget Discussion The board requested to have a budget for the EDA presented in next month' s agenda. E. Comprehensive Economic Development Strategy (CEDS) Mr. Smith provided an update from the CEDS meeting. MOTION TO CONTINUEADJOURN There being no further business, the February 25, 2024 EDA meeting was adjourned. ATTEST Minutes Approved March 11, 2025 Clarence C. Monday, County Administrator Robert C. Smith, Chairman GL040-1 3/04/2025 AMELIA COUNTY G/L TRIAL BALANCE 2024/02 ACCOUNT # DESCRIPTION DATE REFERENCE/PO# * * ECONOMIC DEVELOPMENT * * FUND#-100 * * ECONOMIC DEVELOPMENT*: * MAJOR-081500 081500-3160 Professional Services 2/03/2025 B.FWD. EAGLE FIRE, IN 2025/01 1/17/2025 AP-001-IN00110627 TOTAL EXPENDITURE- 081500-3310 Repairs & Maintenance 2/03/2025 B.FWD. TOTAL EXPENDITURE- 081500-3600 Advertising 2/03/2025 B.FWD. -TOTAL EXPENDITURE- 081500-5110 Electrical Services 2/03/2025 B.FWD. TOTAL EXPENDITURE- 081500-5230 Telecommunications 2/03/2025 B.FWD. VERIZON 2025/01 1/30/2025 AP-001-6101890421 VERIZON 2025/01 1/30/2025 AP-001-6101890421 -TOTAL EXPENDITURE 081500-5308 General Liability Ins. 2/03/2025 B.FWD. -TOTAL EXPENDITURE- 081500-5540 Travel-Convention/Education 2/03/2025 B.FWD. -TOTAL EXPENDITURE- 081500-5810 Dues/Association Memberships 2/03/2025 B.FWD. -TOTAL EXPENDITURE- 081500-6001 Office Supplies 2/03/2025 B.FWD. TOTAL EXPENDITURE- 081500-6007 Repairs & Maintenance Supplies 2/03/2025 B.FWD. SOUTHERN STATE 2025/01 1/30/2025 AP-001-DEC STATEMENT- TOTAL EXPENDITURE- DEPT TOTAL BALANCE FORWARD CURRENT MONTH ENCUMBRANCE YEAR TO DATE BUDGET BALANCE FUND TOTAL A S S E T S .00 FUND TOTAL. L I A B I L I T Y .00 FUND TOTAL. R E V E N U E .00 FUND TOTAL. E X P E N S E 88,976.61 FUND TOTAL. 88,976.61 FUND TOTAL. ENCUMBRANCE COMPANY TOTAL. A S S E T S .00 COMPANY TOTAL. L I A B I L I T Y .00 COMPANY TOTAL. R E E N E 00 COMPANY TOTAL. E X P E N S E 88,976.61 COMPANY TOTAL. 88,976.61 COMPANY TOTAL. ENCUMBRANCE GL040-1 3/04/2025 AMELIA COUNTY PAGE 1 G/L TRIAL BALANCE 2024/02 ACCOUNT # DESCRIPTION DATE REFERENCE/PO# CURRENT AMT YEAR- TO-DATE $ BUDGET $ EDA FUND FUND#-501 EDA FUND MAJOR-000000 ASSETS MAJOR-000100 000100-0100 Cash With Treasurer 2/03/2025 B.FWD. 581,670.36 .00 -TREASURER CAS 2025/01 1/31/2025 CS-001-20250131 2,217.38 TREASURER CAS 2025/01 1/31/2025 CS-001-20250131 40.01- -TOTAL- 2,177.37 583,847.73 583,847.73- 000100-0630 Buildings 2/03/2025 B.FWD. 1,352,463.74 .00 -TOTAL- .00 1,352,463.74 1,352,463.74- 000100-0635 Accum Depreciation - Buildings 2/03/2025 B.FWD. 256,287.84- .00 -TOTAL- .00 256,287.84- 256,287.84 000100-0640 Equipment 2/03/2025 B.FWD. 107,290.00 .00 -TOTAL- .00 107,290.00 107,290.00- 000100-0645 Accum Depreciation - Equipment 2/03/2025 B.FWD. 64,374.35- .00 TOTAL- .00 64,374.35- 64,374.35 000100-0646 Lease Receivable 2/03/2025 B.FWD. 287,525.91 .00 -TOTAL- .00 287,525.91 287,525.91- DEPT TOTAL. BALANCE FORWARD 2,008,287.82 CURRENT MONTH 2,177.37 ENCUMBRANCE .00 YEAR TO DATE 2,010,465.19 BUDGET BALANCE 2,010,465.19- Land MAJOR-000110 000110-0610 Land 2/03/2025 B.FWD. 1,800,402.07 .00 -TOTAL- .00 1,800,402.07 1,800,402.07- DEPT TOTAL. BALANCE FORWARD 1,800,402.07 CURRENT MONTH .00 ENCUMBRANCE .00 YEAR TO DATE 1,800,402.07 BUDGET BALANCE 1,800,402.07- LIABILITIES MAJOR-000200 000200-0140 Due to General Fund 2/03/2025 B.FWD. 48,140.27- .00 -TOTAL- .00 48,140.27- 48,140.27 000200-0500 Deferred Inflow Lease 2/03/2025 B.FWD. 283,335.90- .00 -TOTAL- .00 283,335.90- 283,335.90 GL040-1 3/04/2025 AMELIA COUNTY PAGE 2 G/L TRIAL BALANCE 2024/02 ACCOUNT # DESCRIPTION DATE REFERENCE/PO# CURRENT AMT YEAR-TO-DATE $ BUDGET $ * EDA FUND ** FUND#-501 000200-0500 Deferred Inflow Lease DEPT TOTAL. BALANCE FORWARD 331,476.17- CURRENT MONTH .00 ENCUMBRANCE .00 YEAR TO DATE 331,476.17- BUDGET BALANCE 331,476.17 FUND EQUITY MAJOR-000300 000300-0100 Fund Balance 2/03/2025 B.FWD. 3,485,973.84- .00 -TOTAL- .00 3,485,973.84- 3,485,973.84 DEPT TOTAL. BALANCE FORWARD 3,485,973.84- CURRENT MONTH .00 ENCUMBRANCE .00 YEAR TO DATE 3,485,973.84- BUDGET BALANCE 3,485,973.84 Revenue - IDA Fund MAJOR-000999 Revenue From Local Sources MAJOR-010000 REVENUE FROM USE OF MONEY/PROP MAJOR-015000 Revenue From Use of Money MAJOR-015010 015010-0001 Interest Earned Bank Deposits 2/03/2025 B.FWD. 14,755.62- 3,000.00- TREASURER CAS 2025/01 1/31/2025 CS-001-20250131 2,217.38- TREASURER CAS 2025/01 1/31/2025 CS-001-20250131 40.01 -TOTAL- 2,177.37- 16,932.99- 13,932.99 DEPT TOTAL BALANCE FORWARD 14,755.62- CURRENT MONTH 2,177.37- ENCUMBRANCE .00 YEAR TO DATE 16,932.99- BUDGET BALANCE 13,932.99 Rent of General Property MAJOR-015020 015020-0001 Rent of General Property 2/03/2025 B.FWD. 72,764.80- 129,000.00- TOTAL- .00 72,764.80- 56,235.20- DEPT TOTAL. BALANCE FORWARD 72,764.80- CURRENT MONTH .00 ENCUMBRANCE .00 YEAR TO DATE 72,764.80- BUDGET BALANCE 56,235.20- GL040-1 3/04/2025 AMELIA COUNTY PAGE 3 G/L TRIAL BALANCE 2024/02 ACCOUNT # DESCRIPTION DATE REFERENCE/PO# CURRENT AMT YEAR- TO-DATE $ BUDGET $ ** EDA FUND ** FUND#-501 015020-0002 GASB87 Lease Revenue Miscellaneous MAJOR-018000 Miscellaneous Revenue MAJOR-018990 Other Financing Sources MAJOR-040000 Non-Revenue Receipts MAJOR-041000 Fund Transfers In MAJOR-041050 Expenditures EDA Fund MAJOR-000999 All Expenditures MAJOR-040000 040000-9999 All Expenditures 2/03/2025 B.FWD. 96,280.54 .00 -TOTAL EXPENDITURE- .00 96,280.54 96,280.54- DEPT TOTAL BALANCE FORWARD 96,280.54 CURRENT MONTH .00 ENCUMBRANCE .00 YEAR TO DATE 96,280.54 BUDGET BALANCE 96,280.54- Depreciation Expense MAJOR-041000 Trans to GF for EDA Expenses MAJOR-995000 FUND TOTAL A S S E T S 3,808,689.89 2,177.37 3,810,867.26 FUND TOTAL L I A B I L I T Y 3,817,450.01- .00 3,817,450.01- FUND TOTAL. R E V E N U E 87,520.42- 2,177.37- 89,697.79- FUND TOTAL. E X P E N S E 96,280.54 .00 96,280.54 FUND TOTAL .00 .00 .00 FUND TOTAL. ENCUMBRANCE .00 COMPANY TOTAL A S S E T S 3,808,689.89 2,177.37 3,810,867.26 COMPANY TOTAL. L I A B I L I T Y 3,817,450.01- .00 3,817,450.01- COMPANY TOTAL. R E V E N U E 87,520.42- 2,177.37- 89,697.79- COMPANY TOTAL. E X P E N S E 96,280.54 .00 96,280.54 COMPANY TOTAL. .00 .00 .00 COMPANY TOTAL. ENCUMBRANCE .00 SP Placer Realty Advisors Appraisers and Consultants www.placerrealtyadvisors.com Placer Realty Advisors LLC PO Box 853 Midlothian, VA 23113 804-638-3330 February 7, 2025 County of Amelia P.O. Box A 16360 Dunn Street, Suite 101 Amelia, VA 23002 Attn: County of Amelia Economic Development Authority Re: Appraisal Request, Vacant Land Dear Economic Development Authority Placer Realty Advisors, LLC agrees to provide an appraisal of the above-mentioned property according to the following terms. Please refer to this Appraisal Services Agreement and the Terms and Conditions, which are expressly incorporated herein by reference and made a part of this agreement. This Engagement Letter, the Appraisal Services Agreement and the Terms and Conditions shall be collectively referred to as "Agreement." 1. Specifications of the Appraisal Subject Property: 40-62A, Amelia Courthouse, Va Property Type: Land Interest to be Valued: Fee Simple *NOTICE: Nothing herein shall be construed as legal or professional advice. Parties must retain and consult with legal counsel or obtain other appropriate professional advice in the preparation of these types of documents. The Appraisal Institute does not assume any responsibility or liability for any services performed pursuant to these materials nor does it make any representation or warranty that these materials contain terms and conditions appropriate to any particular appraisal assignment. O Appraisal Institute 2018, All Rights Reserved Engagement Letter Vacant Land Page 2 of 4 Additional Property to be None Valued: Intended Use: Internal valuation purposes for a buy/sell decision Intended User(s): County of Amelia Appraiser's identification of the intended user(s) of the appraisal is to determine the type and extent of Client: research, analysis and reporting appropriate forthe assignment. It is specifically not an acknowledgement or granting of permission by the Appraiser that such parties will or may rely on the appraisal. The client in this case is also the intended user Type of Value: Market value; the definition of the type of value will be stated in the report. Date of Value: Date of inspection Appraiser is not responsible for determining whether the date of value requested by Client is appropriate for Client's intended use. Hypothetical conditions, No hypothetical conditions or extraordinary SpecialExtraordinary assumptions anticipated assumptions: Anticipated Scope of Appraiser's anticipated scope of work for Work: developing the appraisal will include the Sales Comparison Approach Report Option and Format: Narrative Written Report Delivery Date: 4 weeks from signature of letter *NOTICE: Nothing herein shall be construed as legal or professional advice. Parties must retain and consult with legal counsel or obtain other appropriate professional advice in the preparation of these types of documents. The Appraisal Institute does not assume any responsibility or liability for any services performed pursuant to these materials nor does it make any representation or warranty that these materials contain terms and conditions appropriate to any particular appraisal assignment. @ Appraisal Institute 2018, All Rights Reserved Engagement Letter Vacant Land Page 3 of 4 Appraiser will use Appraiser's best effortsto deliver the appraisal report no later than such date. Appraiser's delivery of the report is contingent on Appraiser's timely receipt of information and documentation from Client and other parties. In the event of a delay beyond that date, Appraiser will inform Client promptly as soon as reasonably practicable. Appraiser's Interest In Appraiser has no knowledge of any current or Subject Property or in prospective interest of the Appraiser in the subject Client or Other Involved property or in Client or other parties involved in the Parties: transaction to which this appraisal relates. Prior Services Regarding Appraiser has not performed any prior services Subject Property (USPAP regarding the subject property within the three year Disclosure): period immediately preceding the date of this Agreement, as an appraiser or in any other capacity. Special Conditions: None Appraisal Fee: $2,800 Payment Terms: Due within 30 days of delivery of report 2. Property Documentation. Client agrees to provide Appraiser with the documentation required and requested by the Appraiser to complete the appraisal. Client agrees to provide contact name and phone number for property access. Client agrees to provide a copy of sales contract if property is under contractfor sale. Delays in Appraiser's receipt of requested documentation may result in Appraiser being unable to deliver the appraisal report on the delivery date stated above. Et Client: CK *NOTICE: Nothing herein shall be construed as legal or professional advice. Parties must retain and consult with legal counsel or obtain other appropriate professional advice in the preparation of these types of documents. The Appraisal Institute does not assume any responsibility or liability for any services performed pursuant to these materials nor does it make any representation or warranty that these materials contain terms and conditions appropriate to any particular appraisal assignment. @ Appraisal Institute 2018, All Rights Reserved Engagement Letter Vacant Land Page 4 of 4 Dated: sln/ak By: PICK Name: Toberrcsa, K. Position: Chaie-Amelo- EVA Billing Address (email or personladdress to whom invoices should be sent): Placer Realty Advisors LLC PO Box 853 Midlothian, VA 23113 Appraiser: sR By: Name: Heather Placer, MAI, SRA, CCIM Position: Principal/Owner *NOTICE: Nothing herein shall be construed as legal or professional advice. Parties must retain and consult with legal counsel or obtain other appropriate professional advice in the preparation of these types of documents. The Appraisal Institute does not assume any responsibility or liability for any services performed pursuant to these materials nor does it make any representation or warranty that these materials contain terms and conditions appropriate to any particular appraisal assignment. O Appraisal Institute 2018, Ail Rights Reserved FOR SALE 132 ACRE INDUSTRIAL 1 PROPERTY Call Amelia County Economic Development Authority ZONED "M-1" 804-561-3039 FOR SALE 132 ACRE 2 INDUSTRIAL PROPERTY Call Amelia County Economic Development Authority ZONED "M-1" 804-561-3039 FOR SALE 3 804-561-3039 FY2026 Budget Departmental Requests FY26D Vs. Fund R/E Major Department/Group Personnel Vs. NCAccount Account Description FY25. Adopted FY2026 Budget FY25B Vacancies Part-time New Position Request Other Changes 100 4 081500 Economic Development Personnel 1100 Salaries and' Wages Regular 0.00 241,148.57 241,148.57 98,007.82 0.00 143,140.75 100 4 081500 Economic Development Personnel 2100 FICA 0.00 0.00 0.00 7,497.60 0.00 -7,497.60 100 4 081500 Economic Development Personnel 2210 VRS Recon Pmt 0.00 0.00 0.00 12,231.38 0.00 -12,231.38 100 4 081500 Economic Development Personnel 2300 Health Insurance 0.00 8,527.58 8,527.58 8,857.73 0.00 -330.15 100 4 081500 Economic Development Personnel 2400 VRS-Group Life Insurance 0.00 0.00 0.00 1,156.49 0.00 -1,156.49 100 4 081500 Economic Development Personnel 2600 Unemployment Insurance 0.00 0.00 0.00 25.00 0.00 -25.00 100 4 081500 Economic Development Personnel 2700 Worker's Compensation 0.00 0.00 0.00 137.21 0.00 -137.21 100 4 081500 Economic Development Personnel 2800 Disability Program 0.00 0.00 0.00 517.48 0.00 -517.48 100 4 081500 Economic Development Personnel 2900 VRS-Group Health Ins Credit 0.00 0.00 0.00 215.62 0.00 -215.62 100 4 081500 Economic Development Personnel Total 0.00 249,676.15 249,676.15 128,646.32 0.00 121,029.83 100 4 081500 Economic Development Non-personnel 3160 Professional Services 20,000.00 20,000.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 3173 GBC Renovations 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 3310 Repairs & Maintenance 3,000.00 3,000.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 3500 Printing and Binding 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 3600 Advertising 400.00 400.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 5110 Electrical Services 1,600.00 1,600.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 5210 Postal Services 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 5230 Telecommunications 250.00 250.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 5308 Generall Liability Ins. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 5420 lasckem-hulimperoums 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 5510 Travel 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 5540 TmeComvemtiopfacatin 500.00 500.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 5810 Dues/Association Memberships 250.00 250.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 6001 Office Supplies 150.00 150.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 6003 Agricultural Supplies 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 6007 Repairs & Maintenance Supplies 100.00 100.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 6008 Vehicle/Powered Equip. Fuels 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 6009 Vehicle/Powered Equip.Supplies 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 8207_ADP Equipment 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel 8299 Purchase of Real Estate 0.00 0.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Non-personnel Total 26,250.00 26,250.00 0.00 0.00 0.00 0.00 0.00 100 4 081500 Economic Development Total 26,250.00 275,926.15 249,676.15 128,646.32 0.00 0.00 121,029.83 100 4 Total 26,250.00 275,926.15 249,676.15 128,646.32 0.00 0.00 121,029.83 100 Total 26,250.00 275,926.15 249,676.15 128,646.32 0.00 0.00 121,029.83 Grand Total 26,250.00 275,926.15 249,676.15 128,646.32 0.00 0.00 121,029.83 lof1 CAlamprDaiyroNy 2026 BUDGET ANALYSIS & CHARTSIFY2026 Historical. Actual and Budget Data Departmental Requests 02-24-2025.lxEXP Summary By Object 2/26/2025/ / 11:11 AM Business Appreciation Day Stats Year Good Eats Archers Smidgeon Amelia Masonic Lodge # ofbusinesses Total Spent: Prices Per Plate 2023 65/33 204 N/A 153 N/A $4,392.00 $12/$3/$12/$5 2024 45 184 189 N/A 57 $4,122.00 $18.00*