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HomeMy WebLinkAbout11-17-2009 Regular MeetingPublic Meeting Notice Committee: Fairhope Airport Authority Date & Time: Tuesday, November 17, 2009 at 4:30 p.m. Place: Conference Room 161 North Section Street Subject: See Posted Agenda Notice must be stamped, dated and initialed before posted on bulletin board. POSTED II /S/t:J?J SIGNATURE Fairhope Airport A uthority Agenda -November 17, 2009 4:30 p.m. in the Mayor 's Conference Room City Hall -161 N . Section St., F airhope, AL • Approval of Minutes for October 20 , 2009 meeting • Aviation Technical Skills Traini ng Academy • Wetland s Mitigation B ank proj ect • East si de construction proj ect • Tr eas urer 's report • New business Schedule Of Future Meetings (Note: Regular meeting s are on the 3 rd Tuesday of each month at 4:30 p.m . in th e Mayor 's Conference Room at City Hall, 161 N . Section St., F airhope, A L.) • Next regu lar meeting : Tu es day, December 15 , 20 09 The Fairhope Airport Authority met Tuesday, November 17, 2009 , at 4 :30 PM at the City Administration Building , 161 N . Section Street. Present: Chuck Zunk -Chairman , Members Pam Caudill , Joe McEnerney, Charlie Bassett, Dan Stankoski , Howard Hadley; David Bagwell, Attorney. Absent: Rod Platt and Gregg Mims . Pandora Heathcoe, City Administrative Assistant took the minutes . The minutes of the October 20th meeting were considered and duly approved on motion 1st by Dan Stankoski , 2nd by Joe McEnerney and unanimously carried . Aviation Technical Skills Training Academy -Chuck Zunk and Charlie Bassett reported on a meeting they had with Power South, trying to find sources of grants an/or low interest rate loans for this project. Wetlands Mitigation Bank project -Christopher Baker of HMR reported that the field work for the survey is approximately 70%-80% complete . The low area should be done this week so a draft will be available to him by next week . Everything is moving like it should . East Side Construction Project -Chuck Zunk reported that Bobby Odom of Volkert has completed a jet blast analysis of the proposed layout, and no significant concerns were uncovered . Treasurer's Report -Due to the City closing the year end , there are not any financial statements for October available at this time . Joe McEnemey reported that he has spoken to four banks regarding CD 's for our construction funds , and recommends we place approximately $100 ,000 at each bank with varying maturity dates . These banks are Citizens Bank , Bryant Bank, Bay Bank, and Banktrust. Four resolutions were introduced on motions 1st by Charlie Bassett and 2nd by Pam Caudill , and unanimously carried to authorize those four CD's . The resolutions are attached to the minutes. There being no further business, a motion to adjourn was made 1st by Charlie Bassett, 2 nd by Joe McEnerney and unanimously carried ; therefore , meeting was quly adjourned at 5 :05 PM . 1 on t I Resolved by Fairhope Airport Authority, on November 17, 2009: That Chainnan Charles R. Zunk and/or Secretary-Treasurer Joe T. McEnemey III be authorized to open a CD for the Fairhope Airport Authority at Citizens Bank provided that the amount of the CD not exceed $150,000 and the tenn of the CD not exceed twenty-four months; And further provided that authorized signatures on the CD account be one of either Charles R. Zunk or Joe T. McEnemey III, and one of either Nancy K. Wilson or Daniel R. Stankoski. Attested by Charles R. Zunk, Chairman,·Fairhope Airport Authority //-/J-200~ Date