---
date: 2024-11-15
title: Citywide Development Authority Agenda Packet
source: 2024-11/2024-11-15_Citywide Development Authority_Agenda Packet.pdf
pages: 1
---

City of Stockbridge
Citywide Development Authority

STOCKBRIDGE Citywide Development
Development Authority Authority Retreat Meeting
Ariel Shaw, Chair Agenda
Terri Gleaton, Vice Chair
November 15, 2024 9:00 AM
LaKeisha Gantt, Secretary

Gadson Woodall, Treasurer

Monica Jones, Board Member

Kim Mays, Board Member

Ivy D. Sears, Board Member

Vacant, Board Member

Vacant, Board Member

Frederick Gardiner, City Manager

Gerald Sanders, Economic
Citywide Development Authority (DA) The work of development
Development Director
authorities is crucial for the ability for local government to create
Vanessa Holiday, Recorder a legacy of sustained prosperity and requires strong leadership
from board members, staff, and elected officials. The Citywide
EAGLES LANDING COUNRTY CLUB Development Authority is a (7) seven-member authority
100 EAGLES LANDING WAY
consisting of (6) residents of the City and/or business owners and
STOCKBRIDGE, GA 30281
operators preferably with subject-matter expertise such as
Website: www.selectstockbridge.com
attorneys, realtors, developers, and zoning experts and (1)
Phone: 770-389-7900
member of the Governing Body. The directors shall be taxpayers
Fax: 770-389-7912
residing in the county or municipal corporation for which the
authority is created, and their successors shall be appointed as
provided by the resolution provided for in Code Section 36-62-4
AGENDA
CITYWIDE DEVELOPMENT AUTHORITY MEETING
CITY OF STOCKBRIDGE
FRIDAY, NOVEMBER 15, 2024 9:00 AM

I. Call to Order
1. Roll Call
2. Approve Agenda
3. Approval of the Minutes
Review and Approval of the October 8, 2024 Summary Meeting
Minutes
II. Retreat Agenda
4. Citywide Development Authority Retreat Agenda November 15, 2024
Citywide Development Authority
Meeting Minutes
Tuesday, October 8, 2024
Stockbridge City Hall Levi Meeting Room 6:00 P.M.

Ariel Shaw, Chair LaKeisha Gantt, Secretary/Councilmember
Present Absent
Terri Gleaton, Vice-Chair Gadson Woodall, Treasurer
Present Present (joined following Roll Call)
Kim Mays, Board Member Ivy D. Sears, Board Member
Present Present
Monica Jones, Board Member Vacant – Board Member
Present
Vacant – Board Member Elle Whigham, Board Attorney
Present

Also Present: City Clerk, Vanessa Holiday
City Manager, Frederick Gardiner

The Meeting was called to order by Chair Shaw at 6:01 p.m.

Roll Call by Chair Shaw; all members were present except Councilmember Gantt.

Motion to approve the Agenda with amendment to add a Zoom call from the City’s
Financial Advisor, Ed Wall at 6:30 p.m. was made by Chair Shaw; seconded by
Board Member Gleaton. The motion passed unanimously 6-0.

Motion to approve the September 10, 2024 Meeting Minutes with correction to the
attendance of Board Member Gleaton was made by Chair Shaw; seconded by
Board Member Gleaton. The motion passed unanimously 6-0.

Chair Updates
Chair Shaw referenced the upcoming City Tour with T. Dallas Smith and other
Real Estate Brokers on Thursday at 10:00 a.m.; noted the recent Economic
1|Page
Development Conference that took place in Savannah, GA was very information,
noting her attendance along with Board Members Gleaton and Sears; noted a
number of connections were made, and was pleased to see several representatives
from the Atlanta Metro area.

Board Member Gleaton noted the conference was fluid and received an education
on the operations of the Savannah port; Board Member Sears agreed.

Chair Shaw noted the Board’s November meeting is scheduled to be replaced by a
Board Retreat on Friday, November 15th and will look to draft and approve the
FY2025 Budget with more information to follow.

Economic Development Updates
Mr. Gardiner referenced a meeting with a hotel developer for a Marriott product
along Mt. Zion Pkwy. near AT Home; noted there is a rezoning request for a
Planned Use development similar to mixed-use along Patrick Henry Parkway;
noted work has started along the Western Parallel Connector and that city is
working with GDOT for easements across from Bridges of Jodeco where there
continues to be ongoing permitting and plan review; noted a meeting with a retail
group who has provided data for the downtown area of the city, noting the City of
Stockbridge did not sign on to the Henry County Development Authority Retail
Group Intergovernmental Agreement.

Chair Shaw noted the Board has signed a Commercial Broker and would need to
be included on projects and work together.

Treasurer Updates
Board Member Woodall noted the account is funded at $721,802.34, noting
payments are due to the City of Stockbridge for reimbursement of expenses
incurred for Economic Development Conference, and payment is also due for
Legal expenses; and noted the invoice has been issued to HJ Russell for table
sponsorship.

2|Page
Financial Presentation
Mr. Ed Wall, the City’s Financial Advisor, and Board Attorney LaTonya Wiley
joined the meeting at 6:30 p.m., noting he has been working with the Board Chair,
lending his knowledge and expertise at no charge; noted his financial background
spans over forty years for various municipalities and authorities, and that is typical
fee is $250/hour and 1% fee to issue and close bonds.

Chair Shaw noted Mr. Wall’s support of the City of Stockbridge and recommends
the Board bring Mr. Wall on board as the Financial Advisor.

Board Member Gleaton asked what the role will be, or what the ask is of Mr. Wall.

Mr. Wall stated he would assist with the Budget, Levy Millage Rates and Audit
Reports, along with prepare models of incentives, taxes, sales tax, credit, and
background checks for potential developments, vetting the developer to make sure
they are capable of completing the project; and would be involved in data
regarding the TAD (Tax Allocation District), regarding revenue increments, and
legislation at the State Capital; and noted tax abatements are paid by the developer,
not the Development Authority.

Chair Shaw asked Mr. Wall to elaborate on what the Board can do as a
Development Authority.

Mr. Wall noted the Georgia Development Authority Law enables the City Boards
and Authorities to be tools in the toolbox to attract economic development within
the municipality and has more power to operate than the city due to restrictions;
and noted properties for sale are not required to be bid out; noted the Boards and
Authorities can issue bonds; and noted the City of Stockbridge has the Citywide
Development Authority, the Downtown Development Authority, the Public
Facilities Authority and the Urban Redevelopment Agency working to create jobs
and economic development for the City.

3|Page
Attorney Wiley noted Mr. Wall has extensive financial knowledge and would be a
great benefit to the Board and gave an example of the Cobblestone Hotel (first in
Georgia), that will issue bonds and issue debt and the Authority will own the hotel.

Mr. Wall welcomed the opportunity to work with the Board.

Chair Shaw motioned for a recess at 6:53 p.m.; seconded by Board Member
Gleaton. The motion passed unanimously 6-0.

Chair Shaw motioned to reconvene the meeting at 7:05 p.m.; seconded by Board
Member Mays. The motion passed unanimously 6-0.

Executive Session
Motion to convene Executive Session for Real Estate was made by Chair Shaw;
seconded by Board Member Gleaton. The motion passed unanimously 6-0.

Motion to adjourn Executive Session and to sign an Executive Session Affidavit
with no action was made by Chair Shaw; seconded by Board Member Gleaton.
The motion passed unanimously 6-0.

Motion to reconvene the meeting. was made by Chair Shaw; seconded by Board
member Gleaton. The motion passed unanimously 6-0.

Motion to adjourn the meeting at 8:12 p.m. was made by Chair Shaw; seconded by
Board Member Gleaton. The motion passed unanimously 6-0.

Minutes recorded by: Vanessa Holiday, City Clerk

Citywide Development Authority (DA) The work of development authorities is crucial for the ability for local government to create a
legacy of sustained prosperity and requires strong leadership from board members, staff, and elected officials. The Citywide
Development Authority is a (7) seven-member authority consisting of (6) residents of the City and/or business owners and operators
preferably with subject-matter expertise such as attorneys, realtors, developers, and zoning experts and (1) member of the Governing
Body. The directors shall be taxpayers residing in the county or municipal corporation for which the authority is created, and their
successors shall be appointed as provided by the resolution provided for in Code Section 36-62-4.

4|Page
STOCKBRIDGE CITYWIDE
DEVELOPMENT
AUTHORITY

2024 RETREAT
EAGLES LANDING COUNTRY CLUB
100 Eagles Landing Way, Stockbridge GA 30281
FRIDAY, NOVEMBER 15, 2024
9AM- 6PM
ALL ITEMS ARE SUBJECT TO CHANGE
Breakfast & Lunch Included

8:45 AM- 9:00AM Arrival & Welcome (Mayor & Council)

9:00AM- 9:45 AM Winston Denmark of Denmark Ashby

9:45 AM- 10:30AM DCA 101 with Tracie Sanchez

Ed Wall, Financial Advisor of Piper Sandler, Co &
10:30 AM- 11:30 AM R. Mark Woodworth, Woodworth Core Hospitality
Sarah-Elizabeth Langford, Fulton County
11:30 AM - 12:15 PM Development Authority

12:30 PM - 1:30 PM Douglass P Selby, Esq. of Hunton Andrews Kurth LLP

1:30 PM - 2:30 PM T. Dallas Smith & Co

2:30PM - 3:40 PM Team Building with LEAP Consultancy

3:40 PM - 4:30 PM Chair Ariel Shaw. MBA, Stockbridge Citywide
Development Authority
4:30 PM - 5:15 PM State Representative El-Mahdi Holly

5:15 PM Conclude
