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050718 Study Session Mins Adopted ‘ _ N , orth , Au us t a . South Carolina's Riverfront MINUTES OF MAY 7, 2018 Robert A. Pettit, Mayor James M. Adams, Jr., Councilmember J. Robert Brooks, Councilmember Pat C. Carpenter, Councilmember Fletcher L. Dicker!, Councilmember Kenneth.I. McDowell, Councilmember David W. McGhee, Councilmember ORDER OF BUSINESS The study session meeting of May 7, 2018, having been duly publicized, was called to order by Mayor Pettit at 6:00 p.m. in the Council Conference room on the third floor of the Municipal Center and adjourned at 6:50 p.m. Per Section 30-4-80(e) notice of the meetings by email was sent out to the current maintained "Agenda Mailout" list consisting of news media outlets and individuals or companies requesting notification. Notice of the meetings was also posted on the outside doors of the Municipal Center, the main bulletin board of the Municipal Center located on the first floor, and the City of North Augusta website. Members present were Mayor Pettit and Councilmembers Adams, Brooks Carpenter, Dickert, McDowell, and McGhee. Also in attendance were B. Todd Glover, City Administrator; Kelly F. Zier, City Attorney; Cammie T. Hayes, Director of Finance; Thomas C. Zeaser, Director of Engineering and Public Works; James E. Sutton, Director of Public Services; and Donna B. Young, City Clerk. ITEM 1. CITY COUNCIL AGENDA: Items on the May 7, 2018 Council Agenda — Council Discussion Council reviewed the items scheduled for the May 7, 2018 meeting. Minutes of Study Session of May 7, 2018 ITEM 2. ECONOMIC DEVELOPMENT: Riverside Village at Hammond's Ferry — Council Update Mayor Pettit updated Council on the financial status of the Riverside Village at Hammond's Ferry project. The unaudited revenues are tracking ahead of the financial model projections at this time. The Comprehensive Annual Financial Report for the fiscal year ended 12/31/2017 will provide the audited financial information for this project for 2017. It is expected to be complete and posted on our website no later than June 30, 2018. Mayor Pettit plans to continue to provide this update to Council on a quarterly basis. There being no further business, Council adjourned the meeting at 6:50 p.m. APPRO 7D THIS A( DAY OF Respectfully submitted, .14," 20 • J <" Donna B. Young Robert A. Pettit, Mayor City Clerk