goochland county meeting location economic development
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Goochland County
Economic Development
Authority
Meeting Agenda
Meeting Location
1800 Sandy Hook Road
Goochland, VA 23063
804.556.5811
www.goochlandva.us
View this meeting “live” 5:30 p.m. at www.livestream.com/goochlandcounty *Audio amplification headphones are available upon request
WEDNESDAY, MAY 17, 2017, 5:30 PM CONF ROOM 234
Economic Development Authority
Lisa Dearden, Vice-Chair
Andrew Donnelly
Benjamin Slone
Richard Hall, Chair
Curt Pituck
Kirk Spitzer
Lucy Wysong
STAFF: Matt Ryan, Director of Economic Development (804) 556-5862
Lisa K. Beczkiewicz, Secretary (804) 556-5811
Agenda Goochland County Economic Development Authority May 17, 2017
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I. Call to Order, 5:30 P.M.
II. Determination of a Quorum
III. Citizen Comment
IV. Approval of Minutes
2324: Approval of Minutes - April 19, 2017
V. Treasurer's Report
2325: Treasurer's Report
VI. Scheduled Matters - Economic Development Authority
1. Review EDA Bylaws
2. July 11, 4P - Delegation Dinner, Community Room, Reynolds Goochland Campus
VII. Bills to be Paid: None
VIII. New Business - Economic Development Director
▪ Economic Strategic Plan with County Management
IX. Other Business
X. Adjournment: Next Regular Meeting of the Authority is June 21, 2017, 5:30 PM
Goochland County Economic Development Authority Meeting: 05/17/17 05:30 PM 1800 Sandy Hook Road Department: Economic Development Authority Goochland, VA 23063 Category: Other
Prepared By: Lisa K. Beczkiewicz
SCHEDULED Department Head: Lisa K. Beczkiewicz
ACTION ITEM (ID # 2324)
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✓ Vote Record - Action Item 2324 Adopted Adopted as Amended Defeated Tabled Withdrawn Recommended for Approval Recommended for Denial Recommended for Approval as Am Deferred Consensus of the Board Approved Tabled by Consensus Approved as Amended Recusal Strike
Yes/Aye No/Nay Abstain Absent
Curt Pituck
Benjamin Slone
Andrew Donnelly
Kirk Spitzer
Richard Hall
Lucy Wysong
Lisa Dearden
Strat Goal 1 Efficient, effective, and transparent government; emphasis on customer service excellence X
Strat Goal 2 Balanced development that contributes to the welfare of the community and preserves its rural character
Strat Goal 3 Excellence in Financial Management
Strat Goal 4 High Quality Core Services including Education, Public Safety, and Community Health
Strat Goal 5 Positive Work Environment with a Highly Qualified, Diverse Workforce
Authority Action Requested The Authority is requested to consider approval of the April 19, 2017 Minutes. Summary of Information
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Goochland County
Economic Development
Authority
Meeting Minutes
Meeting Location
1800 Sandy Hook Road
Goochland, VA 23063
804.556.5811
www.goochlandva.us
View this meeting “live” 5:30 p.m. at www.livestream.com/goochlandcounty *Audio amplification headphones are available upon request
WEDNESDAY, APRIL 19, 2017, 5:30 PM CONF ROOM 234
Economic Development Authority
Lisa Dearden
Andrew Donnelly
Benjamin Slone
Richard Hall
Curt Pituck
Kirk Spitzer
Lucy Wysong
STAFF: Matt Ryan, Director of Economic Development (804) 556-5862
Lisa K. Beczkiewicz, Secretary (804) 556-5811
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Minutes Goochland County Economic Development Authority April 19, 2017
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I. Call to Order, 5:30 P.M.
Chairman Richard Hall called the 5:30 PM Meeting of the Economic Development Authority to
Order.
Attendee Name Title Status Arrived
Curt Pituck Member Present
Benjamin Slone EDA Treasurer Present
Andrew Donnelly Member Present
Kirk Spitzer EDA Absent
Richard Hall Member, Chair Present
Lucy Wysong Member Present
Lisa Dearden Member, Vice-Chair Present
Others Present: Matt Ryan, Economic Development Director
Absent: Lisa Beczkiewicz, Secretary
II. Determination of a Quorum: There was a quorum for the meeting.
III. Citizen Comment: Chairman Hall opened the meeting to citizen comment, seeing none,
the citizen comment period was closed.
IV. Approval of Minutes
2296: Approval of Minutes - March 15, 2017
On motion of Mr. Slone, and seconded by Ms. Wysong, which carried by a 6-0 vote,
the Authority approved the Minutes of March 15, 2017 as presented.
Aye: Dearden, Donnelly, Hall, Pituck, Slone, Wysong
Nay: None
RESULT: APPROVED [UNANIMOUS]
MOVER: Benjamin Slone, EDA Treasurer
SECONDER: Lucy Wysong, Member
AYES: Pituck, Slone, Donnelly, Hall, Wysong, Dearden
ABSENT: Spitzer
V. Treasurer's Report
2295: Treasurer's Report
Treasurer Ben Slone gave an overview of the financial report of the Authority noting
an ending balance of $193,999.97 in Certificates of Deposit and an ending balance of
$222,399.62 in the checking account, for a total balance of $419,399.59. Recent
deposits of Lickinghole Creek, Capital One and Aw Shucks/PT Land are not
shown/included (due to deposit timing) along with a $1,000 difference due County
from PT Land.
VI. Scheduled Matters - Economic Development Authority
EDA Bylaws – Proposed Changes
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Minutes Goochland County Economic Development Authority April 19, 2017
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Treasurer Slone spoke to two documents presented; namely a listing of information
from the County Code of Ordinances and proposed changes to the Bylaws of the
Economic Development Authority. Mr. Slone stated our thoughts being the Authority
would go through proposed changes noting any comments/questions/additional
changes, we would then forward to the EDA's counsel for their concurrence and any
suggested changes, and bring back to the Authority for approval.
Treasurer Slone gave a brief overview of the proposed changes, a reference to bolded
text under Section 701, page 10, "Economic Development Authority" VA Code and
County Code - is questioning whether that should be included, may be worthwhile to
create a matrix of code to bylaw and bylaw to ordinance (cross reference). Because the
Code of Virginia changes on a similar regular basis it may be advantageous to drop
that whole section out.
Mr. Slone noted those are our proposed draft changes. Chairman Hall asked the
Authority to read over the draft and provide any comments to Ben Slone/Lisa
Dearden/Rick Hall and by next meeting, hopefully, we incorporate a consensus of the
input and if time permits, could be June, vote and get to the outside attorney.
VII. Bills to be Paid: None
VIII. New Business - Economic Development Director
A. Economic Strategic Plan with County Management
Matt Ryan, Director of Economic Development spoke to the Strategic Planning
process, that the Board of Supervisors adopted the County budget last evening, of
several constituent meetings held thus far and a couple more on the calendar. Mr.
Ryan stated over the course of May, we hope to conduct the rest of the meetings, of
the decision to slow the aggressiveness of the project, of a joint meeting with the
Board in July. Once the SWOT is completed, we will consolidate and circulate to all
for a master SWOT list, and spoke of data collected. Mr. Ryan noted the Authority has
been provided a Community Profile of Goochland County by VEDP, an Economic
Overview of Goochland County by Jobs EQ and a First Quarter 2017 Richmond, VA
Industrial Market Report by CoStar. The Authority's homework would be to go
through the data and let us know what we are missing. Mr. Ryan gave a brief overview
of data sets, of data to be provided at the May meeting, that the online business survey
is now on the Economic Development website and asked the Authority to complete
the survey, to circulate to anybody in your contact list that may be willing to complete
the survey, we are hoping for good response.
Mr. Donnelly spoke to feeding off of others' thoughts and for him, it would be
beneficial for members of the Authority to discuss some of the salient points of both
the 2035 Comprehensive Plan and the Economic Development Strategic Plan in a
group type discussion. The May meeting would include a more indepth conversation
of and if the need for further conversation, a workshop can be scheduled for June in
place of the June EDA meeting.
Discussion ensued on data information provided.
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B. Update on possible bond financing
Mr. Ryan stated a large hospital project is looking to construct a rehab hospital in the
County and is exploring the possibility of bond financing, that he was contacted by their
counsel last week and he put them in touch with EDA's counsel...so more to come on that.
The project is looking at different opportunities for capital, and are considering that as an
option for at least part of the financing. Mr. Ryan referenced Resource Housing Group (of
the 90-day process), that things can happen relatively quickly. While the RHG did not
come to fruition, the Authority has an understanding of process and timing.
Mr. Ryan stated there was a question if there is willingness to forgive the administrative
fee. Mr. Ryan stated while he did not answer the question it is his recommendation to not
waive the administrative fee, thinks it would be a good idea to go a basis point or two
below market to be the most competitive option, if they go the tax exempt that is really the
only recurring revenue stream the County will get. Mr. Ryan spoke to an estimated
administrative fee dollar amount, referring back to RHG, that he has not been asked by the
potential applicant for forgiveness - only by their counsel. Mr. Ryan stated this would be a
decision of the Authority and suggested they reach out to their Board of Supervisor to get
their thoughts as they are a part of the process as well.
IX. Other Business: None
X. Adjournment: As there was no further business, the Authority adjourned to its next
Regular Meeting of May 17, 2017, 5:30 PM.
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Goochland County Economic Development Authority Meeting: 05/17/17 05:30 PM 1800 Sandy Hook Road Department: Economic Development Authority Goochland, VA 23063 Category: Reports
Prepared By: Lisa K. Beczkiewicz
SCHEDULED Department Head: Lisa K. Beczkiewicz
INFORMATION ITEM (ID # 2325)
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✓ Vote Record - Information Item 2325
Completed
Yes/Aye No/Nay Abstain Absent
Curt Pituck
Benjamin Slone
Andrew Donnelly
Kirk Spitzer
Richard Hall
Lucy Wysong
Lisa Dearden
Strat Goal 1 Efficient, effective, and transparent government; emphasis on customer service excellence X
Strat Goal 2 Balanced development that contributes to the welfare of the community and preserves its rural character
Strat Goal 3 Excellence in Financial Management X
Strat Goal 4 High Quality Core Services including Education, Public Safety, and Community Health
Strat Goal 5 Positive Work Environment with a Highly Qualified, Diverse Workforce
Authority Action Requested No action is requested, for information only. Summary of Information Treasurer’s Report for the Economic Development Authority is attached.
ATTACHMENTS:
• 2017-0430 BOD Statement (PDF)
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Certificates of Deposit Maturity Date
Approximate
Current Value
Bank Of Essex (0.45%)* Acct 837 12/27/2016* 18,293.95$ *
Bank Of Essex (0.40%) Acct 2068 07/26/17 68,448.74 *
C&F Bank (.20%) Investors Choice 41317 05/18/17 107,311.35
04/30/17 Ending Balance 194,054.04
Wells Fargo Checking Acct 1121 (Authority Writes Checks)
Date
Check
No Name Description Amount
06/30/16 Beginning balance 73,301.69
06/30/16 Draft Wells Fargo New checks drafted June 2016 (120.59)
07/01/16 Adjusted beginning balance 73,181.10
07/15/16 1002 PT Land Lots 20 & 34 (12,000.00)
07/15/16 1003 LeClair Ryan (2,803.40)
07/29/16 1004 PT Land Lots 7, 15, & 33 (18,000.00)
08/03/16 Draft Wells Fargo New checks with double signature (123.55)
08/15/16 1505 PT Land Lots 16 & 23 (12,000.00)
08/25/16 1506 Chmura Economics (5,000.00)
09/15/16 1507 PT Land Lot 24 (6,000.00)
09/21/16 1508 Richmond Suburban News Notice of Public Hearing (560.00)
09/30/16 Draft Wells Fargo Document Copy Fee (5.00)
10/11/16 1427 Vanguard Void check issues in prior fiscal year 50,000.00
11/01/16 1509 PT Land Lots 10, 11 & 12 (18,000.00)
11/01/16 1510 Costar Realty Information (4,176.00)
11/01/16 1511 LeClair Ryan (6,773.09)
11/14/16 1512 Goochland Historical Society (1,150.00)
11/15/16 1513 PT Land Lot 29 section 2 (6,000.00)
11/22/16 1514 Friends of Goochland Parks (5,000.00)
12/15/16 1515 PT Land Lot 16 section 2, Lot 25 section 2 (12,000.00)
12/30/16 1516 PT Land Lot 27, section 2, Lot 35, section 1 (12,000.00)
01/20/17 1517 Goochland Chamber of Commerce Dues invoice 6446 (2,500.00)
02/15/17 1518 PT Land Section 2 lot 17, 30, 32 & Section 1 lot 33 (24,000.00)
03/15/17 1519 Capital One Tax rebate (174,674.96)
03/15/17 1520 PT Land (30,000.00)
Deposits
07/20/16 Goochland County PT Land 12,000.00
07/20/16 Lickinghole 1,827.39
08/03/16 Goochland County PT Land 18,000.00
08/03/16 RHA Housing, Inc. Application fee 1,000.00
08/23/16 Goochland County PT Land 12,000.00
08/23/16 Troutman Sale of 6 lots in Midpoint Industrial Park 94,000.00
09/23/16 Goochland County PT Land 6,000.00
10/03/16 Lickinghole 1,827.39
11/09/16 Goochland County PT Land 18,000.00
11/17/16 Goochland County PT Land 6,000.00
12/15/16 Goochland County PT Land 12,000.00
12/22/16 Lickinghole 1,827.39
12/30/16 Goochland County PT Land 12,000.00
02/15/17 Goochland County PT Land 24,000.00
03/15/17 Goochland County CapitalOne, AweShucks & PTLand 229,674.96
03/29/17 Lickinghole 1,827.39
04/13/17 Va Small Business Financing AuthorityGoodwill industrial bond fee share 896.48
04/27/17 LeClain Ryan Admin fees (included with 3/15/17 deposit) 303.00
04/30/17 Ending Balance 223,599.10
04/30/17 Total CD's and Checking 417,653.14$
EDA Secretary:
Approval Date:
* Bank statements have not been received since September 30, 2016. Essex CD 837 was scheduled for renewal 12/27/16, and
we have not received an update regarding whether the CD was renewed and the rate.
Economic Development AuthorityFiscal Year 2017 Bank Account Activity
S:\EDA\FY17\Statements FY17.xlsx
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