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11-15-2001 Regular MeetingDOWNTOWN DEVELOPMENT AUTHORITY NOVEMBER 15, 2001 Present: Mayor A. Max Bacon, Chairman Jim Pitts Doug Stoner Hubert Black C. J. Fouts Larry Freeman Pete Wood Scott Cochran Mayor Bacon called the meeting to order at 6:10 p.m. Larry Freeman made a motion to authorize Chairman Bacon to sign the amendment to the agreement for purchase and sale of land, and further authorize the closing date to be extended until on or before 12/31/01. Hubert Black seconded the motion, which passed 5- . 0. Doug Stoner made a motion to authorize Chairman Bacon to sign all documents incident to the closing, and C. J. Fouts seconded the motion. Motion was approved 5-0. Hubert Black made a motion to adjourn, and Larry Freeman seconded the motion. Motion to adjourn was approved 5-0.