HomeMy WebLinkAbout07-23-1984 Industrial Development Corporation Board of Directors Meeting minutes•
MINUTES
OF THE
INDUSTRIAL DEVELOPMENT CORPORATION
. JULY 23, 1984
1. The meeting was called to order by President Virginia Cline
at 7:00 P.M.
Members of the Board Present: President Cline, Robert White,
E. W. Felscher, John D. Lawler, B. Don Skelton
Members of the Board Absent: Walter Springall
2. E. W. Felscher was elected Secretary of the Board to replace
Jerry Dennis, who recently resigned.
3. President Cline called on Walker Nichols to present
applications for two projects: Bay Ridge Joint Venture II and
Fairmont Office Joint Venture.
After Mr. Nichols' presentation, motion was made by E. W.
Felscher to approve the Application for Financing and the
Resolution to Issue Bonds for Bay Ridge Joint Venture II.
Second by Mr. Lawler. The motion carried unanimously.
Motion was made by Mr. Skelton to approve the Application for
Financing and the Resolution to Issue Bonds for Fairmont
Office Joint Venture. Second by Mr. Lawler. The motion
carried unanimously.
4. Bond Attorney David Lail explained recent Federal tax law
changes to the Board.
5. There being no further business, the meeting was duly
adjourned at 8:10 P.M.
Respectfully submitted:
E. W. Felscher, Secretary
Passed & Approved this
the day of
1984
Virginia Cline, President