Meeting called to order Monday, June 18, 2012, at 12:01 p.m. via teleconference; quorum established.

Attendance

Brandon Burke, Brad Davis, Darius Hodge, C.J. Sinar, and Kristy Cowell

Business

280 Elizabeth St Development - Re-Zoning Vote

The Board discussed the proposed mixed-use development being planned around 280 Elizabeth St., including its potential for impact on the 870 Inman Community. This proposed development requires certain re-zoning efforts to be accomplished, and part of the re-zoning process involves a vote by surrounding community entities and associations, such as 870 Inman, on whether to re-zone. The Board discussed the need to obtain more information in order to make an informed decision. However, it is the Board?s understanding at this time that the developers have obtained the necessary support from both regulators and the community to proceed with efforts to develop the proposed site in accordance with their existing plans.

The Board Members, with the assistance of Kristy Cowell, will make further inquiries to confirm the status and procedure for these re-zoning efforts and will proceed accordingly.

Adjournment

Meeting adjourned at approximately 12:55 p.m., with the next meeting to occur one month later or at such time as the Board deems necessary in accordance with the by-laws.