Special Board Meeting of the State Plumbing Board of Louisiana Baton Rouge, Louisiana

Special Board Meeting of the State Plumbing Board of Louisiana Baton Rouge, Louisiana

January 28, 2016 Page 1 of 3

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SPECIAL BOARD MEETING

OF THE

STATE PLUMBING BOARD OF LOUISIANA

BATON ROUGE, LOUISIANA

January 28, 2016

The Special Board Meeting of the State Plumbing Board of Louisiana was called to order by Chairman, James Finley, at 10:02 a.m.

The following persons were in attendance:

BOARD MEMBERS / ADVISORY BOARD / STAFF / GUESTS
Jim Finley / John Barker / Irene Kotval
Keith Bienvenu / Ashley Tullier / Jerry Denicola
Kelly Craft / Ashleigh Cambre / Louis Robein
Larry Reiling / Dustine Tullier
Carl Bourgeois / Teresa Dunn

INVOCATION: Keith Bienvenu

PLEDGE OF ALLEGIANCE: Jim Finley

ROLLCALL: Ashley Tullier

OLD BUSINESS

a.) Commitment letter for the purchase of the buildingat 11304 Cloverland Avenue Baton Rouge, LA70809 between the State Plumbing Board of Louisiana and its lender, Whitney Bank.

Chairman, Jim Finley stated that the board has met thequorum today and introduced Irene Kotval and Jerry Denacola from Whitney Bank. Mr. Finley stated that the purpose of this meeting is for the resolution for the Bond Commission to be reviewed and approved for the purchase of the building at 11304 Cloverland Avenue as well as the commitment letter from Whitney Bank. The Board's Attorney, Louis Robein, addressed members of the board and stated that following the last board meeting we realized immediately after Executive Director, John Barker and staff member, Ashley Tullier began the purchasing process that the Bond Commission required that we seek bond approval for the incurring of any debt even though it is not a bond. This process has began through the admin office, the board's attorney's office and Kean Miller whom the board obtained to assist with the process and is insisting a formal resolution of approval from the board.

Jerry Denacola, of Whitney Bank, addressed the board about the commitment letter from the bank and provided copies to the board for their review. This commitment letter is a commitment of the board'sresponsibilities to the lender, Whitney Bank. Board Member, Kelly Craft, motioned to approve the commitment required set forth by Whitney Bank.

MOTION:To approve the boards commitment to the Lender, Whitney Bank for the purchase of the building at

MOTION:KELLY CRAFT

SECOND:KEITH BIENVENU

MOTION:CARRIED

b.) Resolution Purchase Proposal for property at: 11304 Cloverland Avenue Baton Rouge, LA70809

MOTION:To accept the resolution set forth by the board authorizing the State Plumbing Board of Louisiana to incur debt and borrow an amount not exceeding Four Hundred Twelve Thousand Dollars ($412,000.00); authorizing the execution and delivery of all documents required in connection with such indebtedness; providing certain terms of such indebtedness; making application to the State Bond Commission for approval of such indebtedness; and proving for other matters in connection therewith.

MOTION:KEITH BIENVENU

SECOND:KELLY CRAFT

MOTION:CARRIED

ADJOURNMENT

MOTION:To adjourn the Quarterly Board Meeting of the State Plumbing Board of Louisiana at 11:20 p.m.

MOTION:KELLY CRAFT

SECOND:KEITH BIENVENU

MOTION:CARRIED

Respectfully Submitted,

______

James C. Finley, Chairman

______

Rickey Fabra, Secretary/ Treasurer