England Economic & Industrial Development District

THE ENGLAND ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT BOARD OF COMMISSIONERS REGULAR SESSION JULY 27, 2017

--MINUTES Page 1 The England Eco nomic 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, JULY 27 at 5:28 p.m.

There were present William Barron, Dennis Frazier, Curman Gaines, Scott Linzay, Joe McPherson and Charlie Weems.

Also present were members of the England Authority staff and legal counsel.

Absent: Richard Bushnell, Brady Baudin, Robert L. Beck, Mike Johnson

Commissioner Linzay 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. Charlie Weems, Chairman, who then stated that the England Economic and Industrial Development District was ready for the transaction of business.

Chairman Weems asked for a motion to approve minutes of June 22, 2017 regular board meeting. Motion by Mr. McPherson, second by Mr. Linzay.

The Chair called for any corrections or additions to the minutes. The Chair then called for any comments from the public.

Chairman Weems asked for a motion to approve consent calendar for item #1 through #9. Motion by Mr. Barron, second by Mr. McPherson, to approve consent calendar for item #1 through #9. The Chair called for any comments from the public. There being none, a vote was called and motion carried.

MOTION TO APPROVE MINUTES OF JUNE 22, 2017 REGULAR BOARD MEETING. Motion by Mr. Barron, second by Mr. McPherson, to approve minutes of June 22, 2017 regular board meeting. The Chair called for any comments from the public. There being none, a vote was called and motion carried. 066-2017

MOTION TO APPROVE PAYMENT OF ATTORNEY’S BILL TO PROVOSTY, SADLER, DELAUNAY, FIORENZA & SOBEL FOR THE MONTH OF JUNE 2017. Motion by Mr. Barron, second by Mr. McPherson, to approve payment of attorney’s bill to Provosty, Sadler, deLaunay, Fiorenza & Sobel for the month of June 2017. The Chair called for any comments from the public. There being none, a vote was called and motion carried. 067-2017

MOTION TO APPROVE PAYMENT OF ATTORNEY’S BILL TO WHEELIS & ROZANSKI FOR THE MONTH OF JUNE 2017. Motion by Mr. Barron, second by Mr. McPherson, to approve payment of attorney’s bill to Wheelis & Rozanski for the month of June 2017. The Chair called for any comments from the public. There being none, a vote was called and motion carried. 068-2017

THE ENGLAND ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT BOARD OF COMMISSIONERS REGULAR SESSION JULY 27, 2017

--MINUTES Page 2 MOTION TO APPROVE PAYMENT OF ATTORNEY’S BILL TO CHADWICK & ODOM, LLC FOR THE MONTH OF JUNE 2017. Motion by Mr. Barron, second by Mr. McPherson, to approve payment of attorney’s bill to Chadwick & Odom, LLC for the month of June 2017. The Chair called for any comments from the public. There being none, a vote was called and motion carried. 069-2017

MOTION TO ADOPT RESOLUTION AUTHORIZING EXECUTIVE DIRECTOR TO EXECUTE SPONSOR/STATE AGREEMENT NO. H.013091 BETWEEN THE LOUISIANA DEPARTMENT OF TRANSPORTATION AND DEVELOPMENT AND THE EEIDD FOR THE PROPERTY ACQUISITION FOR OBSTRUCTION REMOVAL FOR APPROACHES TO RUNWAY 14 AND 18 – PHASE 1 IN THE AMOUNT OF $166,595.00. Motion by Mr. Barron, second by Mr. McPherson, to adopt resolution authorizing Executive Director to execute Sponsor/State Agreement No. H.013091 between the Louisiana Department of Transportation and Development and the EEIDD for the Property Acquisition for Obstruction Removal for Approaches to Runwa y 14 and 18 – Phase 1 in the amount of $166,595.00. The Chair called for any comments from the public. There being none, a vote was called and motion carried. 070-2017

MOTION TO AUTHORIZE EXECUTIVE DIRECTOR TO EXECUTE AN ACT OF SALE AND ASSIGNMENT BETWEEN PARC ENGLAND HOLDINGS, L.L.C. (“PARC ENGLAND”) AND BANK OF MONTGOMERY (“BOM), APPROVING THE ASSIGNMENT BY PARC ENGLAND (ASSIGNOR) TO BOM (ASSIGNEE), OF ITS RIGHT, TITLE AND INTEREST IN THE FOLLOWING: (1) A CERTAIN HOTEL DEVELOPMENT AGREEMENT BY AND BET WEEN THE ENGLAND ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT AND PARC ENGLAND HOTEL, LLC, EFFECTIVE JULY 1, 2001, AS AMENDED; (2) A CERTAIN SUBLEASE BY AND BETWEEN ENGLAND ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT AND LANDCO OF LOUISIANA MANAGEMENT & DEVELOPMENT, INC., EXECUTED ON JULY 14, 1999 AND SEPTEMBER 2, 1999, AS AMENDED; AND (3) THE GROUND SUBLEASE BY AND BETWEEN ENGLAND ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT AND PARC ENGLAND HOTEL, LLC, EFFECTIVE JULY 1, 2001, AS AMENDED; AND FURTHER R ELEASING ASSIGNOR FROM ANY OBLIGATION OR LIABILITY UNDER THE ABOVE DOCUMENTS, OCCURRING OR ARISING FROM AND AFTER THE ASSIGNMENT, ALL AS SET FORTH MORE SPECIFICALLY IN THE REFERENCED ACT OF SALE AND ASSIGNMENT Motion by Mr. Barron, second by Mr. McPherson, to authorize Executive Director to execute an Act of Sale and Assignment between Parc England Holdings, L.L.C. (“Parc England”) and Bank of Montgomery (“BOM), approving the assignment by Parc England (Assignor) to BOM (Assignee), of its right, title and i nterest in the following: (1) A certain Hotel Development Agreement by and between the England Economic and Industrial Development District and Parc England Hotel, LLC, effective July 1, 2001, as amended; (2) A certain sublease by and between England Ec onomic and Industrial Development District and Landco of Louisiana Management & Development, Inc., executed on July 14, 1999 and September 2, 1999, as amended; and (3) The ground sublease by and between England Economic and Industrial Development Distric t and Parc England Hotel, LLC, effective July 1, 2001, as amended; and further releasing Assignor from any obligation or liability under the above documents, occurring or arising from and after the Assignment, all as set forth more specifically in the refe renced Act of Sale and Assignment. The Chair called for any comments from the public. There being none, a vote was called and motion carried. 071-2017

THE ENGLAND ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT BOARD OF COMMISSIONERS REGULAR SESSION JULY 27, 2017

--MINUTES Page 3 MOTION TO AUTHORIZE EXECUTIVE DIRECTOR TO EXECUTE MEMORANDUM OF AGREEMENT NO. 1 BETWEEN THE FEDERAL AVIATION ADMINISTRATION AND THE ENGLAND ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT TO REPLACE THE EXISTING SSALR EQUIPMENT WITH A NEW MALSR EQUIPMENT. Motion by Mr. Barron, second by Mr. McPherson, to authorize Executive Director to execute Memorandum of Agreement No. 1 between the Federal Aviation Administration and the England Economic and Industrial Development District to replace the existing SSALR E quipment with a new MALSR Equipment. The Chair called for any comments from the public. There being none, a vote was called and motion carried. 072-2017

MOTION TO AUTHORIZE EXECUTIVE DIRECTOR TO EXECUTE MEMORANDUM OF AGREEMENT BETWEEN THE FEDERAL AVIATI ON ADMINISTRATION AND THE ENGLAND ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT FOR THE RELOCATION OF THE RUNWAY LIGHT INTENSITY MONITOR. Motion by Mr. Barron, second by Mr. McPherson, to authorize Executive Director to execute Memorandum of Agreement between the Federal Aviation Administration and the England Economic and Industrial Development District for the relocation of the Runway Light Intensity Monitor. The Chair called for any comments from the public. There being none, a vote was called and motion carried. 073-2017

MOTION TO AUTHORIZE EXECUTIVE DIRECTOR TO EXECUTE MEMORANDUM OF AGREEMENT NO. 2 BETWEEN THE FEDERAL AVIATION ADMINISTRATION AND THE ENGLAND ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT TO REPLACE THE EXISTING SSALR EQUIPMENT WITH A NEW MALSR EQUIPMENT. Motion by Mr. Barron, second by Mr. McPherson, to authorize Executive Director to execute Memorandum of Agreement No. 2 between the Federal Aviation Administration and the England Economic and Industrial Development District to replace the existing SSALR E quipment with a new MALSR Equipment. The Chair called for any comments from the public. There being none, a vote was called and motion carried. 074-2017

MOTION TO ENTER INTO EXECUTIVE SESSION TO RECEIVE BRIEFING AND LEGAL OPINIONS FROM LEGAL COUNSEL REGARDING PERSPECTIVE LITIGATION BETWEEN THE EEIDD AND PARC ENGLAND HOTEL. Motion by Mr. Barron, second by Mr. McPherson, to enter into Executive Session to receive briefing and legal opinions from legal counsel regarding perspective litigation between the EEIDD and Parc England Hotel.

John Ryland, attorney for England Authority, recommended that the motion be withdrawn due to no new developments that would require an Executive Session.

Mr. Barron and Mr. McPherson withdrew their motion.

ADDITIONS TO AGENDA

(By unanimous vote)

• F. Comments by Legal counsel – N/A
• G. Comments or Questions by Commissioners – Mr. McPherson requested status of Parc England Hotel and Bistro. Chairman Weems requested staff and Attorney John Ryland to contact Bank of Montgomery to detail what their schedule is for compliance of terms with their lease.

THE ENGLAND ECONOMIC AND INDUSTRIAL DEVELOPMENT DISTRICT BOARD OF COMMISSIONERS REGULAR SESSION JULY 27, 2017

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• H. Staff Report – Financial Report –100.18% for end of June, which completes fiscal year; 94.89% of budget expended. Comparative Air Traffic Report – Up 4% for month of June and up 4% for the year.
• I. Public Comments or Questions – Heard from Mr. Mike Tudor regarding televising England Authority meetings. Chairman Weems requested that Mr. Grafton look into this.
• J. Adjourn - Motion by Mr. Johnson, second by Mr. Linzay, to adjourn the meeting.

By unanimous vote, with there being no further business to come before the Board, meeting was adjourned at 5:45 p.m.

Charlie Weems, Chairman England Economic and Industrial Development District Board of Commissioners

William Barron, Secretary/Treasurer England Economic and Industrial Development District Board of Commissioners