The meeting was called to order at 3:00pm by Chairwoman Kelly O’Donnell. Roll call was taken with eight members present. Officials and guests present included: Jim Hayhoe, Village of Hatch, Todd Dickson, LC Bulletin, Lou Gomez, NMSA, Mary Ann Myers, NMSA, Belinda Lucero, NMSA, and Aaron Prescott.

Authority Members Present:
Kelly O’Donnell, Chairwoman (conference call)
Ben Woods
William Loomis (conference call)
Richard Holdridge (conference call)
Brent Westmoreland
Toots Green (conference call)
Jim Manatt (conference call)
Jerry Hanks (conference call)

Motion: Jim Manatt moved to give Executive Director Steve Landeene the authority to finalize and execute the Virgin Galactic Development Agreement. William Loomis seconded the motion.
Discussion followed on having the Board conduct a review before the document is signed if any substantial changes are made. Chairwoman O’Donnell stated that due to time constraints this may not be possible.

Motion:  Ben Woods moved to amend the motion to allow Executive Director Steve Landeene the authority to finalize and execute the Virgin Galactic Development Agreement subject to Board review of any provisions that can reasonably be construed to increase the Spaceport Authority’s exposure. William Loomis seconded the motion.

Roll Call Vote:
Chairwoman Kelly O’Donnell – yes
Brent Westmoreland – no
Jim Manatt – yes
Toots Green – yes
Ben Woods – yes
William Loomis – yes
Richard Holdridge – yes

Motion:  moved to allow Executive Director Steve Landeene the authority to finalize and execute the Virgin Galactic Development Agreement subject to Board review of any provisions that can reasonably be construed to increase the Spaceport Authority’s exposure. William Loomis seconded the motion.

Roll Call Vote:
Chairwoman Kelly O’Donnell – yes
Brent Westmoreland – yes
Jim Manatt – yes
Toots Green – yes
Ben Woods – yes
William Loomis – yes
Richard Holdridge – yes

Motion: Toots Green moved to adjourn. William Loomis seconded. Motion carried.

Meeting adjourned at 3:15pm.

Approved: ______________________ Date: ____________________                    Kelly O'Donnell, Chairman