Bulletin 2010 06 14 | Rotary Club of Augusta

Meeting Minutes for Monday, June 14, 2010

President Bob called the meeting to order.

The pledge and invocation were lead by Betty Dykes.

The Sunshine Report was delivered by Richard Rogers.

Special presentations were made by Billy Franke and Kevin Wade. Billy Franke presented a Rotary check to Dr. Zimmerman of the Challenge Academy and Kevin Wade presented a $1,000 Rotary check to Rick Hall of Augusta Tech in support of their GED Program.

David Hogg introduced the program speaker Paul Simon.

Paul Simon offered a compelling program to support the city of Augustas return on investment for the riverfront development in downtown. During the mid 80s a study was commissioned by Augusta Tomorrow to determine the future of downtown Augusta. The study revealed the need for a hotel/convention center and a Class A office building. The cost: $43.5MM. The city of Augusta obtained an Urban Development Grant (UDAG) to provide $7.5MM in funding for the project. The UDAG loan was interest free and had a maturity of 30 years. Billy Morris agreed to offer his support through the Augusta Riverfront LLC. The city invested $9.9MM, investors $9MM, UDAG debt of $7.6MM and a loan from First Union 0f $17MM to fund the initial project. In 1999 the city participated in the expansion of the conference center and the second hotel with an additional investment of $3.6MM. Last year the city received a return of $2.7MM in revenue or a return of 21.64% on its investment. The total economic impact for our community has been $435MM and 250 new jobs. The TEE Center (planned for the old cotton warehouse at Reynolds and 9th Street) will be a huge asset for the city of Augusta. The TEE Center will have a capacity of 3,800 that will include 1,800 for dining. The TEE Center will be connected to the Riverfront Conference Center and hotels. Planned cost for the TEE Center will be $38MM and $10 for a new parking deck.

Paul also presented the new Junior Invitational Golf Tournament at Sage Valley Golf Club on April 18 22, 2011. Electrolux will be the main sponsor. This inaugural event will bring the top fifty-four junior amateur players from around the world to Augusta. They will stay on property in one of the Sage Valley Golf Club cottages and all food and beverage will be provided. Parents of competitors will be invited. The National First Tee and the local Augusta/Aiken Chapters will be beneficiaries of funds raised.

The meeting ended with the 4 Way Test.

CART

Upcoming Programs

Contributions:	$228.77	June 21st - Year in Review
Challenger: Bob Evans	$228.77	June 28th - Passing of Gavel
Total	$457.54	July 5th - No Meeting ( 4th of July)
		July 12th - Club Assembly

Club Guests		Member Makeups
Guest	Member
Brian Nozolino Cash Calloway Truitt Eavenson Janet Franz Adam Goldberg John Kain Peggy Seigler Chip Marvin	Mason Thompson Jeff Spears Jack Widener Colette Hughes Rhonda Graybeal Steve Farmer Barry White Haskell Toporek	Neita Mulherin Martinez/Evans 06/11/10 Sheila Thomas Online 06/04/10 Susan Rice Online 06/11/10 Russ Reams Online 06/12/10 Russ Reams Online 06/12/10 Curt Young Online 06/14/10 Walt Sprouse Online 06/14/10 Walt Alexanderson Online 06/28/10 Bob Evans Board 06/10/10 Frank Mulherin Board 06/10/10 Helen Hendee Board 06/10/10 Kevin Wade Board 06/10/10 Ernie Sizemore Board 06/10/10 Billy Franke Board 06/10/10 Connie Melear Board 06/10/10 LaVerne Gold Board 06/10/10
Visiting Rotarian	Club
Jan Zimmerman	COLUMBIA COUNTY West

Interact Club

Absentees

Don Berry
Trex Bolick
Carl Brown
Dan Brown
David Burton
Charles Coleman
George Dale
Greg DeLoach
Rob Dennis
Alan Downen
Patrick Duckworth
Alan English
Bryan Ginn
Kevin Grogan
Randy Hatcher
Rebekah Henry

Steve Hobbs
Greg Hodges
Scott Kelly
Bill Keogh
Kam Kyzer
Rob McKenzie
Quincy Murphy
Ned Murray
Andrew Newton
Carlisle Overstreet
Bob Parham
Sue Parr
Jeff Partl
Ed Presnell
Jim Puryear
Russ Reams

Mark Reeves
Susan Rice
Jeff Schwab
Charles Shaefer
Himanshu Singh
Scott Smith
Dennis Sodomka
Kevin Steffes
Sandy Stevenson
Daniel Stewart
Meredith Stiff
Mike Toomey
Phil Wahl
Ray Walters
John Whitwell

District No. 6920 � Club No. 4189
Published by the Rotary Club of Augusta � PO Box 463, Augusta GA 30903
Phone: 706-738-2255 � Email: augustarotary@aol.com � Website: www.rotaryaugusta.org