England Economic & Industrial Development District

THE ENGLAND ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT BOARD OF COMMISSIONERS REGULAR SESSION NOVEMBER 17, 2011

--MINUTES Page 1-- The England Economic and Industrial Development District met in Regular Session at the England Authority Board Room, 1611 Arnold Drive, England Industrial Airpark and Community Alexandria, Louisiana, on Thursday, November 17, 2011 at 5:51 p.m.

There were present: Lance Harris, Chairman; William Barron, Vice-Chairman; Dennis Frazier, Secretary/Treasurer; Brady Baudin, Richard Bush nell, Bart Jon es, Curman Gaines, Scott Linzay and Nancy Stich. Also present were: Members of the England Authority staff and legal counsel. Absent: Charlie Weems

Commissioner Bushnell gave the invocation and Commissioner Gaines led the Pledge of Allegiance.

England Economic and Industrial Development District was duly convened as the governing authority of said District by Mr. Harris, who then stated that the England Economic and Industrial Development District was ready for the transaction of business.

Chairman Harris asked for a motion to add items #15 and #16 to the consent agenda.

Motion by Mr. Bushnell, second by Mr. Frazier, to add items #15 and #16 to the agenda. Motion to move December committee and board meetings to 3:30 p.m. on December 8th, 2011. (Item #15) Motion by Mr. Gaines, second by Mr. Barron, to move December committee and board meetings to 3:30 p.m. on December 8th, 2011. On vote, motion carried.

Motion to adopt resolution authorizing Executive Director to execute Sponsor/State Agreement H.009472 between the Louisiana Department of Transportation and Development and the EEIDD for Rehabilitation of Southwest Apron Phase I. (Item #16) By unanimous vote, these items were added to consent agenda as item #15 and item #16.

Chairman Harris asked for a motion to approve consent calendar for items #1 through # 7 and #9, #10 and items #12 through #16.

Motion by Ms. Stich, second by Mr. Bushnell, to approve consent calendar for active items #1 through #7, and #9, #10 and #12 through #16. On vote, motion carried.

Consent Calendar MOTION TO A DOPT RESOLUTION AUTHORIZING EXECUTIVE DIRECTOR TO EXECUTE SPONSOR/STATE AGREEMENT H.009682 BETWEEN THE LOUISIANA DEPARTMENT OF TRANSPORTATION AND DEVELOPMENT AND THE EEIDD FOR THE REHABILITATION OF RUNWAY 14/32 FOR $11,180.00. Motion by Ms. Stich , second by Mr. Bushnell, to adopt a resolution authoring Executive Director to execute sponsor/state agreement H.009682 between the Louisiana Department of Transportation and Development and the EEIDD for the Rehabilitation of Runway 14/32 for $11,180.00. On vote, motion carried. 098-2011

THE ENGLAND ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT BOARD OF COMMISSIONERS REGULAR SESSION NOVEMBER 17, 2011

--MINUTES Page 2-- MOTION TO A DOPT RESOLUTION AUTHORIZING EXECU TIVE DIRECTOR TO EXECUTE SPONSOR/STATE AGREEMENT H.009682 BETWEEN THE LOUISIANA DEPARTMENT OF TRANSPORTATION AND DEVELOPMENT AND THE EEIDD FOR THE PART 150 NOISE MITIGATION PROGRAM – PHASE IV FOR $315,780.00. Motion by Ms. Stich, second by Mr. Bushnell to adopt Resolution authorizing Executive Director to execute Sponsor/State Agreement H.009680 between the Louisiana Department of Transportation and Development and the EEIDD for the Part 150 Noise Mitigation Program – Phase IV for $315,780.00. On vote, motion carried. 099-2011

MOTION TO A DOPT RESOLUTION AUTHORIZING EXECUTIVE DIRECTOR TO EXECUTE SPONSOR/STATE AGREEMENT H.009682 BETWEEN THE LOUISIANA DEPARTMENT OF TRANSPORTATION AND DEVELOPMENT AND THE EEIDD FOR THE PART 150 NOISE MITIGATION PROGRAM – PHASE IV FOR $157,895.00. Motion by Ms. Stich, second by Mr. Bushnell to adopt Resolution authorizing Executive Director to execute Sponsor/State Agreement H.009711 between the Louisiana Department of Transportation and Development and the EEIDD for the Part 15 0 Noise Mitigation Program – Phase IV for $157,895.00. On vote, motion carried. 100-2011

MOTION TO ADOPT RESOLUTION AUTHORIZING EXECUTIVE DIRECTOR TO EXECUTE SPONSOR/STATE/AGREEMENT H.009472 BETWEEN THE LOUISIANA DEPARTMENT OF TRANSPORTATION AND DEVELOP MENT AND THE EEIDD FOR REHABILITATE SOUTHWEST APRON PHASE I. Motion by Ms. Stich , second by Mr. Bushnell, to adopt Resolution authorizing Executive Director to execute Sponsor/State Agreement H.009472 between the Louisiana Department of Transportation and Development and the EEIDD for rehabilitate Southwest Apron Phase I. On vote, motion carried. 101-2011

MOTION TO APPROVE MINUTES OF OCTOBER 27, 2011, REGULAR BOARD MEETING. Motion by Ms. Stich, second by Mr. Bushnell, to approve minutes of October 27, 2011, regular board meeting. On vote, motion carried. 102-2011

MOTION TO APPROVE PAYMENT OF ATTORNEY’S BILL TO PROVOSTY, SADLER, DELAUNAY, FIORENZA & SOBEL FOR THE MONTH OF OCTOBER, 2011. Motion by Ms. Stich, second by Mr. Bushnell, to approve payment of Attorney’s bill to Provosty, Sadler, DeLaunay, Fiorenza & Sobel for the month of October, 2011. On vote, motion carried. 103-2011

MOTION TO APPROVE PAYMENT OF BILL TO MUNSTERMAN LAW FIRM FOR THE MONTH OF OCTOBER, 2011. Motion by Ms. Stich, second by Mr. Bushnell, to approve payment of bill to Munsterman Law Firm for the month of October, 2011. On vote, motion carried. 104-2011

MOTION TO AUTHORIZE EXECUTIVE DIRECTOR TO EXECUTE CONCESSION/LEASE AGREEMENT AT AEX NEW COMMERCIAL TERMINAL WITH WYNNCO, LLC DBA BUDGET RENT A CAR FOR CAR RENTAL SERVICES. Motion by Ms. Stich , second by Mr. Bushnell, to authorize Executive Director to execute concession/lease agreement at AEX new commercial terminal with WynnCo, LLC dba Budget Rent A Car for car rental services. On vote, motion carried. 105-2011 THE ENGLAND ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT BOARD OF COMMISSIONERS REGULAR SESSION NOVEMBER 17, 2011

--MINUTES Page 3-- MOTION TO AUTHORIZE EXECUTIVE DIRECTOR TO EXECUTE CONCESSION/LEASE AGREEMENT AT AEX NEW COMMERCIAL TERMINAL WITH EAN HOLDINGS, LLC DBA BUDGET RENT A CAR FOR CAR RENTAL SERVICES. Motion by Ms. Stich , second by Mr. Bushnell, to authorize Executive Director to execute concession/lease agreement at AEX new commercial terminal with EAN H oldings, LLC dba Budget Rent A Car for car rental services. On vote, motion carried. 106-2011

MOTION TO AUTHORIZE EXECUTIVE DIRECTOR TO EXE CUTE CONCESSION/LEASE AGREEMENT AT AEX NEW COMMERCIAL TERMINAL WITH W & W OF ALEXANDRIA, INC., DBA AVIS RENT A CAR FOR CAR RENTAL SERVICES. Motion by Ms. Stich , second by Mr. Bushnell, to authorize Executive Director to execute concession/lease agreement at AEX new commercial terminal with W & W of Alexandria, Inc., dba Avis Rent A Car for car rental services. On vote, motion carried. 107-2011

MOTION TO AUTHORIZE EXECUTIVE DIRECTOR TO EXECUTE CONCESSION/LEASE AGREEMENT AT AEX NEW COMMERCIAL TERMINAL WITH THE HERTZ CORPORATION FOR CAR RENTAL SERVICES. Motion by Ms. Stich , second by Mr. Bushnell, to authorize Executive Director to execute concession/lease agreement at AEX new commercial terminal with The Hertz Corporation for car rental services. On vote, motion carried. 108-2011

MOTION TO AUTHORIZE EXECUTIVE DIRECTOR TO EXECUTE LEASE AGREEMENT WITH GEORGIA KAY REYNOLDS DBA KAY’S FOOD SERVICE FOR SPACE AT THE AIRPORT PASSENGER TERMINAL. Motion by Ms. Stich, second by Mr. Bushnell, to a uthorize Executi ve Director to execute lease agreement with Georgia Kay Reynolds dba Kay’s Food Service for space at the airport passenger terminal. On vote, motion carried. 109-2011

MOTION TO AUTHORIZE EXECUTIVE DIRECTOR TO EXECUTE LEASE AGREEMENT WITH RYAN INTERNATIONAL AIRLINES, INC., FOR BUILDING #2108 FOR ACTIVITIES ASSOCIATED WITH ICE TRANSPORTATION. Motion by Ms. Stich , second by Mr. Bushnell, to authorize Executive Director to execute lease agreement with Ryan International Airlines, Inc., for building #2108 f or activities associated with ICE Transportation. On vote, motion carried. 110-2011

MOTION TO MOVE DECEMBER COMMITTEE AND BOARD MEETINGS TO 3:30 P.M. ON DECEMBER 8TH, 2011. Motion by Mr. Gaines, second by Mr. Barron, to move December committee and boar d meetings to 3:30 p.m. on December 8th, 2011. On vote, motion carried. 111-2011

The Chair next called for consideration of Item #8:

MOTION TO AWARD OPTIONAL FIVE YEAR RENEWAL FOR ATM SERVICES AGREEMENT FOR THE AIRPORT TERMINAL TO CAPITAL ONE BANK, N. A. AND AUTHORIZING THE EXECUTIVE DIRECTOR TO SIGN ALL DOCUMENTS RELATED THERETO. THE ENGLAND ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT BOARD OF COMMISSIONERS REGULAR SESSION NOVEMBER 17, 2011

--MINUTES Page 4-- Motion by Mr. Bushnell, second by Mr. Barron, to award optional five year renewal for ATM Services Agreement for the Airport Terminal to Capital One Bank, N. A. and authoriz ing the Executive Director to sign all documents related thereto.

Chairman Harris requested a roll call vote: Mr. Barron – Yes Mr. Harris - Yes Mr. Baudin – Yes Mr. Jones - Yes Mr. Bushnell – Yes Mr. Linzay - Yes Mr. Frazier – Yes Ms. Stich - Abstain Mr. Gaines – Yes Mr. Weems – Absent

Yes - 8 No - 0 Abstain - 1 Absent - 1

The record reflects that Commissioner Stich abstained from any discussion and voting on this item. Ms. Stich reminded the board that she was an employee of Capital One Bank. Motion was voted on and approved. 112-2011

The Chair next called for consideration of Item #11: A RESOLUTION DECLARING THE OFFICIAL INTENT OF ENGLAND ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT, OR ANY SUB -DISTRICT CREATED BY SAID DISTRICT, TO ISSUE NOT EXCEEDING FOUR HUND RED FIFTY MILLION DOLLARS ($450,000,000) OF SOLID WASTE DISPOSAL REVENUE BONDS (SUNDROP FUELS LOUISIANA, L.L.C P ROJECT), IN ONE OR MORE ISSUES OR SERIES, TO FINANCE CERTAIN SOLID WASTE DISPOSAL FACILITIES ; MAKING CERTAIN FINDINGS REQUIRED BY THE ACT; AND PROVIDING FOR OTHER MATTERS IN CONNECTION THEREWITH. Motion by Ms. Stich, second by Mr. Bushnell, adopting a resolution declaring the official intent of England Economic and Industrial Development District, or any sub -district created by said District, to issue not exceeding Four Hundred Fifty Million Dollars($450,000,000) of Solid Waste Disposal Revenue Bonds (Sundrop Fuels Louisiana, L.L.C Project), in one or more issues or series, to finance certain solid waste disposal facilities; making certain findi ngs required by the Act; and providing for other matters in connection therewith.

Chairman Harris requested a roll call vote: Mr. Barron – Yes Mr. Harris - Yes Mr. Baudin – Yes Mr. Jones - Yes Mr. Bushnell – Yes Mr. Linzay - Yes Mr. Frazier – Yes Ms. Stich - Yes Mr. Gaines – Yes Mr. Weems - Absent Yes - 9 No - 0 Absent - 1

By unanimous vote, motion was approved. 097-2011 THE ENGLAND ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT BOARD OF COMMISSIONERS REGULAR SESSION NOVEMBER 17, 2011

--MINUTES Page 5--

• F. Comments by Legal counsel - None
• G. Comments or Questions by Commissioners – None
• H. Staff Report – Executive Director – Comparative Air Traffi c Report : Slightly up for air travel. Financial Report : 33% through the year. Collected over 34.5 % of the revenue and expended 31% of budget.

There being no further business to come before the Board, meeting was adjourned at 6:35 p.m.

Lance Harris, Chairman England Economic and Industrial Development District Board of Commissioners

Dennis Frazier, Secretary/Treasurer England Economic and Industrial Development District Board of Commissioners