HomeMy WebLinkAbout03-06-2022 Fairhope Economic and Industrial Development BoardCommittee:
Date & Time:
Place:
Subject:
Public Meeting Notice
Fairhope Economic and Industrial
Development Board
Tuesday, March 6, 2012 at 6:00 p.m.
Delchamps Roo1n II
Fairhope Municipal Complex
See attached agenda
Notice must be sta1nped, dated and initialed before posted on
bulletin board.
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SIGNATURE
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Fairhope Economic and Industrial Development Board
Regular Called Meeting
March 6 , 2012, 6:00 P.M.
Delchamps Room-Fairhope Municipal Complex
161 N. Section Street
1. Review and adoption of minutes from previous meeting
2. Treasurer's report
3. Old business
None
4. New business
a. Airinc Lease
5 . Adjourn
,.
Minutes of the Regular Meeting
Of the
Fairhope Economic and Industrial Development Board
6 March 2012
4
The regular meeting, duly noticed to the public, was called to order by Chairman Charles
Bassett at 6:00PM at the Delchamps Room, of the Fairhope Civic Center. Members present in
addition were Rusty Winfree, Gary Moore, and Daniel Stankoski. Member Hubert Hinote was
absent. A quorum was present and declared .
Several visitors were in attendance as well : Josh Thornton of the Baldwin Economic
Development Alliance was present; representing Aero-Mark MRO, LLC were Michael Jones and
Johnnie Miller. Tut Wynne, the City of Fairhope's Attorney, was also present.
The minutes of the previous meeting (14 December 2011) had been distributed by email
and copies were also available for review and approval at this meeting. Upon a motion by Gary
Moore, seconded by Dan Stankoski, the minutes were approved unanimously.
Under Treasurer's report, Chairman Charles Bassett reported that he was unable to get
current balance verification in time for the meeting. The previous balance reported was
$9 ,389 .55 . The balance will be verified and reported at our next meeting.
Under new business, Tut Wynne discussed the lease between Air Inc. and the City of
Fairhope . Paragraph 11-2 of the lease gives the lessee the option to purchase the property for
$1,000. The original owner of Air Inc . was Stan Waters. The current owner of the property is
Greeno Road Properties, LLC. The principal is Mark Lee. Tut Wynne will review the history of
all the assignments of the original lease.
Upon a motion by Gary Moore to approve the purchase of the property by Mark Lee of
Greeno Road Properties, LLC in the amount of $1,000 subject to review and approval of all the
assignments of the original lessor by Tut Wynne, seconded by Dan Stankoski, the motion was
approved unanimously.
There being no further business, and the agenda complete, upon a motion by Gary
Moore and seconded by Dan Stankoski the meeting was adjourned upon the unanimous vote in
the affirmative at 7:00 p.m.
Dated . March 6, 2012
Attachments : Agenda