Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Governance topic
No spam. Unsubscribe anytime.
Board approves agenda, minutes and financial report; retains officers for 2025–26
Summary
At its annual meeting the Development Authority formally approved the agenda, previous meeting minutes and the financial report, and voted to retain the current officer slate for 2025–26; staff will research whether a small fund balance can be reallocated to workforce development.
The Development Authority of LaGrange and Troup County took several routine actions at its annual meeting.
The board approved the meeting agenda and the minutes from the previous meeting by motions and voice/show-of-hands votes recorded by the chair (Speaker 1). The financial report was presented by Speaker 5 showing an ending balance of $102,418.80 and interest/reimbursements of $364.75; the board moved and approved acceptance of that report.
Under bylaws cited in the meeting, the authority conducts an annual officer election. The slate presented—Charles Milligan as chairman, Richard Woods as vice chairman and Ruth West as secretary/treasurer—was moved to be retained by Speaker 2, seconded and approved by show of hands.
A board member asked whether a small balance in an account (referenced during discussion) could be used for workforce development. Finance/authority staff (Speaker 5) replied that many funds are assigned to bonds or specific company obligations and that staff will investigate account assignments and report back at the next meeting. The chair then called for adjournment and the meeting ended.
