Downtown Development Authority - A. Max Bacon City Hall - HR Training Room — Minutes
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1. Roll Call
Present: 6 – Mayor Derek Norton, Kevin Drawe, Ron Davis, Jim Duelmer, Tarun
Ganeriwal, Kimberly Gangemi
Also Present: 2 – Scott Cochran, Tom Owens (Raymond James & Associates, Inc.)
Absent: 2 – Heather Bacon, Jason Saliba
Staff: 5 – Richard Garland, Russell Martin, Heather Peacon-Corn, Kristin Robinson,
Christy Ullman
2. Call to Order
Mayor Derek Norton called to order the June 4, 2025 Downtown Development Authority (DDA)
meeting held at A. Max Bacon City Hall in the HR Training Room at 12:00 PM.
3. Chairperson Instruction and Comment
4. Formal Business
A. ATH2025-099 Authorization for the approval of a Bond Purchase Agreement, Bond Form,
Intergovernmental Economic Development Agreement, Assignment and Security Agreement
and Bond Placement Agreement and authorize the Chairman and Secretary to sign and
execute all related documents.
Ward 3 Councilmember - Travis Lindley
Mayor Derek Norton introduced Mike Jones who will be the new Interim City
Administrator.
Scott Cochran, City Attorney:
• This is part of the acquisition of the Emory campus
• Walk though meeting in about a week
• Anticipated to close late summer
• This is the first step toward financing the acquisition
• The DDA issues the bond then enters into an agreement with the City
• Due diligence – about 20 days left
• The biggest issue is asbestos in the large building
DOWNTOWN DEVELOPMENT AUTHORITY
Minutes - Final
Derek Norton, Chair/Mayor
Kevin Drawe, Vice Chair
Heather Bacon, Secretary
Ron Davis
Jim Duelmer
Tarun Ganeriwal
Kimberly Gangemi
Jason Saliba
A. Max Bacon City Hall
HR Training Room
2800 King Street SE
Smyrna, GA 30080
City Attorney Scott Cochran
Deputy City Administrator Kristin Robinson
City Clerk Heather K. Peacon-Corn
June 04, 2025
12:00 PM