Thomson, Thomson-McDuffie Development Authority August 28, 2024 3:30 pm MINUTES mcduffie Development Authority BOARD MEMBERS PRESENT: COUNTY/CITY REPRESENTATION: Steve Dwyer, Chair James Upchurch, Executive Director Kevin Hyman Carrie Edwards, County Clerk Gloria Thompson David Crawley, County Manager Marcellas Barr John Waller, City Administrator Jamie Alfriend WELCOME, DECLARE QUORUM & CALL TO ORDER Steve Dwyer, Chair APPROVALS Minutes June 26, 2024 Financials May 2024 June 2024 Mr. Dwyer opened the floor for a motion. With no corrections, Mrs. Thompson made the motion to approve the June 26th minutes. Mr. Barr seconded the motion. The motion carried unanimously. Mr. Alfriend made the motion to approve the May financials. Mrs. Thompson. The motion carried unanimously. Mrs. Thompson made the motion to approve the June financials. Mr. Barr seconded the motion. The motion carried unanimously. NEW BUSINESS 1. Loans Mr. Upchurch provided an update to amend the RLF contract for Augusta Coating and Manufacturing. The amendment would eliminate the balloon payment and instead extend monthly payments of $ 5,884.64 until the loan is paid off. Chairman Dwyer opened the floor for a motion. Mr. Hyman made the motion to approve the recommendation. The motion was seconded by Mr. Alfriend. The motion carried unanimously. 2. Appoint a new Secretary Chairman Dwyer opened the floor for a motion. Mrs. Thompson made the motion to approve Carrie Edwards, County Clerk as secretary. Mr. Alfriend seconded the motion. The motion carried unanimously. Open Discussion Inman Solar Thomson, Thomson-McDuffie Development Authority mcduffie August 28, 2024 I 3:30 pm MINUTES Development Authority An agreement was reached with Inman Solar to pay $850 per acre. No action was taken. Stone Industrial Two parcels in the Stone Industrial site are zoned for residential, one property is R1 and the other is R2, with both needing or be rezoned to industrial use. Chairman Dwyer opened thei floor for a motion. Mr. Barr made the motion to approve. Mr. Hyman seconded the motion. The motion carried unanimously. Business Improvement District Discussion regarding exploring the cost/benefit of creating a Business Improvement District Plan for a marketing concept. No action was taken. EXECUTIVE SESSION Chairman Dwyer opened the floor for a motion to enter into the Executive Session. Mr. Hyman made the motion to approve. Mr. Barr seconded the motion. The motion carried unanimously. Chairman Dwyer opened the floor to exit out oft the Executive Session. Mrs. Thompson made the motion to approve. Mr. Hyman seconded the motion. The motion carried unanimously, and the board exited out of Executive Session at 4:51 p.m. ADJOURNMENT Chairman Dwyer opened the floor for a motion to adjourn. Mr. Alfriend made the motion to adjourn. Mrs. Thompson seconded the motion. The motion carried unanimously and the board entered into session at 4:00 p.m. The meeting adjourned at 4:51 p.m. luk Vryn ATTEST: Steve Dwyer, Chairman hrouDfaunen) Carrie RI Edwards, Secretary