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NYDEO: Forsyth County Development Authority 08/16/12

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NYDEO: Forsyth County Development Authority 08/16/12

Postby Nydia Tisdale » Sun Sep 09, 2012 12:05 pm


Forsyth County Development Authority meeting August 16, 2012.

00:00 Agenda
00:28 Pre-meeting
12:44 Meeting called to order - Bobby Thomas
13:48 Secretary/Treasurer's Report - Tim Perry
14:26 Expenses for the year - flowers for the late Everett Bennett
22:52 $45M Bond Resolution for Almquist Hansen - Ethan Underwood
Improved Living-Towne Club Windermere Assisted Living LLC
24:44 Chamber of Commerce Report - Randall Toussaint
48:15 Georgia Economic Developers Association
Conference Sept. 12-14, 2012 in Savannah, Ga.
51:04 "They have a golf tournament," Chairman Thomas tells Tim Perry.
59:44 After-meeting

Development Authority of Forsyth County
Bobby Thomas, Chairman
Angie Mullinax, Clerk
Emory Lipscomb, Counsel
Ethan Underwood, Counsel
Joanne Tolleson, Lanier Tech
Lynn Jackson, Northside Hospital
David Seago
Pam Sessions (absent)
Tim Perry, Citizens Bank
Ben Knight (absent)

Nydeo by Nydia Tisdale for AboutForsyth.com.
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Development Authority of Forsyth County Agenda 08/16/12

Postby Nydia Tisdale » Sun Sep 09, 2012 12:50 pm

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David Seago, Bobby Thomas, Tim Perry, Lynn Jackson, Angie Mullinax, Crystal Ledford (ForsythNews.com), Joanne Tolleson and Randall Toussaint pledge alligiance to the flag.

A meeting of the Development Authority of Forsyth County will be held at 9:00 a.m. on Thursday, August 16, 2012, in the Commissioners' Large Conference Room located on the second floor, Suite 210 of the Forsyth County Administration Building, 110 East Main Street, Cumming, Georgia 30040.

AGENDA

1. Consideration of approval of Minutes of the June 25, 2012,
meeting.

2. Secretary/Treasurer’s Report.

3. Consideration of Bond Resolution regarding the issuance of revenue bonds in an amount not to exceed $45,000,000 for the benefit of Improved Living-Towne Club Windermere Assisted Living LLC, a Georgia limited liability company, relating to the proposed financing of the acquisition of approximately 14.533 acres of land located at the southeast corner of Trammel Road and Windermere Parkway, and the construction thereon of a 178-unit senior housing community consisting of 112 independent living apartments, 40 assisted living apartments and 26 memory care beds.

4. Randall Toussaint will provide a brief overview of the
Chamber’s new economic website.

5. Any other matters to be considered by the members.

The meeting is open to the public and any interested persons are invited to attend.
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Forsyth County Development Authority Balance Sheet 07/31/12

Postby Nydia Tisdale » Sun Sep 09, 2012 12:55 pm

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Thank you, Forsyth County, for your thoughtful flowers

Postby Nydia Tisdale » Sun Sep 09, 2012 1:00 pm

Image
David Seago, Bobby Thomas and Tim Perry — members of the Development Authority of Forsyth County — smile with delight at Randall Toussaint — Vice President of Economic Development, Cumming-Forsyth County Chamber of Commerce — describing the upcoming golf tournament in Savannah in September.

The AboutForsyth Forum
By Nydia Tisdale
September 9, 2012

Condolences to the family of Everett Bennett who was a member of the Development Authority of Forsyth County.

Forsyth County taxpayers footed the bill for flowers for the late Mr. Bennett.

Their compassion begs the question: Is this a proper expenditure of taxpayer dollars?

Can't the Development Authority board members afford to pay for their own grief?

Can the Development Authority board members afford to pay for their own golf?

Or will Forsyth pay the greens fee — at the The Westin Savannah Harbor Golf Resort & Spa during the Sept. 12-14 Georgia Economic Developers Association conference — next?
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Taxpayers as piggy bank

Postby David Milum » Sun Sep 09, 2012 4:29 pm

It appears as if the newly formed Development Authority got off to a very troubling start. Right off the bat they misused Taxpayer funds to send flowers. It is not the purpose of Taxpayers to fund flowers for funerals, however nice the gesture. It should be the responsibility of grieving Authority members to pay for that, not the Taxpayers.

For the Authority to even be discussing golfing during their public meeting is also a big tip off that they should be thrown into the street posthaste. How more obvious can it be that this bogus Authority is nothing more that a way to rip off the Taxpayers with impunity.

It is for sure we all need to keep a very close eye on this gaggle of misfits who disregard the Taxpayers as their piggy bank and no more.
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Development Authority of Forsyth County created 10/31/1975

Postby Nydia Tisdale » Sun Sep 09, 2012 5:00 pm

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David Milum wrote:It appears as if the newly formed Development Authority got off to a very troubling start.


Development Authority of Forsyth County isn't new

The AboutForsyth Forum
By Nydia Tisdale
September 9, 2012

Multi-generational, life-long resident and activist David Milum with his finger on the pulse of county for decades is unfamiliar with the esoteric, secretive, 37-year-old, Development Authority of Forsyth County — perhaps, by design.

The Development Authority of Forsyth County has been around since 1975 with the same convicted bank fraud felon, William Emory Lipscomb III, serving as counsel since its inception.

After conceding defeat of their HUD application late last year, developers Greg Almquist and Norm Hansen — represented by Ethan Underwood — returned to the Forsyth County Development Authority for a $45M bond resolution to build their retirement community apartment complex in Windermere. The project was postponed because they cannot close on the land.

The Authority's activity has recently come to light because of the sunshine afforded by Nydeos of their meetings.

Even Forsyth County Commission Chairman Jim Boff commented about the Development Authority, "I don't know exactly what they do and I didn't know that their meetings were open to the public."

At this writer's suggestion, the last sentence was added to their agenda: The meeting is open to the public and any interested persons are invited to attend.

Image
Emory Lipscomb & Ethan Underwood — Lipscomb Johnson Sleister Dailey & Smith LLP.
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Beltline staffers return $4,000

Postby Nydia Tisdale » Mon Sep 10, 2012 4:15 pm

New policy tightens Beltline’s spending

The Atlanta Journal-Constitution
By Greg Bluestein
September 9, 2012

A new policy sparked by questionable use of public funds has led Atlanta Beltline staffers to pay back more than $4,000 that would otherwise likely have been picked up by taxpayers, according to a review by The Atlanta Journal-Constitution.
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