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VIEWS: 10 PAGES: 4

  • pg 1
									                                                                                                                                                                      ATTACHMENT 4

                                                                                                                                                                     March 9, 2010
                                                          STATUS REPORT OF INDUSTRIAL DEVELOPMENT ACTIVITIES
                                                        INDUSTRIAL DEVELOPMENT AUTHORITY OF LOUDOUN COUNTY



                                    Date of
             Applicant                        Amount of                Bond                Type of           Date
                                     Final                                                                                       Lender             Interest            Terms
                                                 Bond                 Counsel            Transaction        Settled
                                  Resolution
Jack Kent Cooke                   5/27/04    $12,500,000         McGuire Woods         Deed of Sale        6/2/04     Public Issue               Variable;        Variable
Foundation                                                                                                                                       convertible
                                                                                                                                                 fixed

Hamilton Safety Center            2/26/04       $2,000,000       McGuire Woods         Deed of Sale        5/28/04    Branch Banking & Trust     >4.50%           Prior to 2026
                                                                                                                      Company of Virginia

County Government                 6/5/03        $21,530,000      Nixon Peabody         Lease/Buy Back      6/17/03    SunTrust                   3.76             Matures 2019
Center Building

Howard Hughes                     2/13/03       $500,000,000     McGuire Woods         Deed of Sale        2/27/03    Public Issue               Variable         Matures 2/15/2038
Medical Institue

Loudoun Hospital                  6/20/02       $18,365,000      Hunton & Williams     Deed of Sale        6/27/02    Public Issue               Variable         Matures 2032
Center

Hill School of                    3/19/02       $9,200,000       McGuire Woods,        N/A                 3/21/02    Public Issue; SunTrust     Variable         Variable
Middleburg                                                       LLP                                                  Bank

Ashburn Volunteer Fire            6/28/01       $4,250,000       McGuire, Woods,       Deed of Sale        6/29/01    Wachovia Bank (Letter of   Variable         Matures 6/1/2021
and Rescue Department                                            Battle & Boothes                                     Credit)

Supreme Concrete                  5/7/01        $1,400,000       Kutak Rock            Deed of Sale        5/22/01    G.E. Capital Public        5.61%            Matures 6/1/2008
Block                                                                                                                 Finance, Inc.


Atlantic Coast Airlines           3/22/01       12,345,000       Hunton & Williams     Deed of Sale and    4/26/01    Fleet National Bank        Variable         Matures 6/1/2022
                                                                                       Refinance                      (Letter of Credit)         (can be fixed)



NOTE:             This summary of terms should not be relied upon without reference to the closing documents for each issue.


LBGLIB-0025655.01-SPROBIN
March 9, 2010 10:12 PM
                             Date of
       Applicant                       Amount of          Bond               Type of         Date
                              Final                                                                            Lender                   Interest         Terms
                                          Bond           Counsel           Transaction      Settled
                           Resolution
Electronic                 2/25/99    $3,960,000    McGuire, Woods,                         3/01/99   Wachovia Bank                Variable        Matures 9/1/2021
Instrumentation and                                 Battle & Boothe,
Technology, Inc.                                    LLP - Richmond

American Roentgen Ray      6/17/98    $1,860,00     Mays & Valentine -   Pooled Loan        7/1/98    NationsBank, N.A.            Variable        Matures 7/1/2018
Society                                             Richmond


Signature Flight Support   4/2/98     $6,500,000    Hunton & Williams    N/A                4/29/98   Chase Securities of Texas,   Adjustable      Matures 6/1/2017
Corporation                                         - Richmond                                        Inc. (Placement Agent)


Air Force Retired          3/17/98    $66,900,000   MWBB Richmond        Refinancing        3/18/98   Public Issue                 Variable        Matures 11/1/2028
Officers Community


The Hill School            6/25/97    $3,500,000    Shaw, Pittman,       Deed of Sale and   7/1/97    Private Placement            5%              Matures 6/30/2007
Corporation of                                      Potts & Trowbridge   Refinance
Middleburg

Atlantic Coast Airlines    6/25/97    $9,425,000    Hunton & Williams    Lease              6/24/97   Fleet National Bank          6.5%            1/1/2009


Sterling Park Safety       12/16/96   $2,800,000    MWBB                 Deed of Sale       3/5/97    First Virginia Bank          Variable        3/6/2023
Center


Washington Dulles Air      10/7/96    $2,945,000    Hunton & Williams    Lease              10/16/96 Public Issue                  6% - 6.5%       1/1/2009
Cargo Limited
Partnership

May-Son Partnership        8/29/96    $1,705,000    MWBB                 Deed of Sale       8/29/96   Central Fidelity             Variable        9//1/2021 Paid in
                                                                                                                                                   Full 3/1/99
                                      PAID IN
                                      FULL



                                                                                 -2-
                             Date of
       Applicant                       Amount of           Bond              Type of        Date
                              Final                                                                           Lender             Interest           Terms
                                          Bond            Counsel          Transaction     Settled
                           Resolution
The Sheridan               7/22/96    $8,600,000    Hunton & Williams    Deed of Sale      7/29/96   Signet Bank              Variable        7/1/2011
Group/United Litho, Inc.
                                      $

Marriott Corporation       3/7/96     $11,500,000   Ballard, Spahr,      Refinancing       3/29/96   Public Issue             7.125%          Matures 9/1/2015
                                                    Andrews &
                                                    Ingersoll

Loudoun Hospital           10/6/95    $67,785,000   Hunton & Williams    Refinancing and   10/26/95 Public issue              Variable        6/1/2026
Center                                                                   Deed of Sale                                         Between
                                                                                                                              4.30% and 6%

Gateway Leesburg Hotel     Final -    $3,250,000    Christian, Barton,   Indenture of      12/12/94 Crestar Bank              12% (initial)   12/1/2019
Project                    11/11/94   PAID IN       Epps, Brent &        Trust
                           Rate       FULL          Chappell
                           approval
                           12/7/94



Air Force Retired          6/1/94     $88,000,000   Hunton & Williams    N/A               10/31/94 Nations Bank              Series A -      11/1/2004
Officers Community                                                                                                            9.25% Series    11/1/2024
(AFROC)                                                                                                                       A - 8.75%       11/1/2024
                                                                                                                              Series B -
                                                                                                                              variable
Washington Dulles Air      8/25/93    $5,370,000    Hunton & Williams    Lease             9/9/93    Wheat First Securities   5% - 6%         Last Bonds Due
Cargo Limited                                                                                                                                 2009
Partnership (Phase II)

Northern Virginia          3/19/93    $6,585,000    MWB&B                Deed of Sale      4/29/93  Wheat First Securities,   3.75% - 5.30%   15 years
Criminal Justice                                                                           Closed   Inc.
Academy                                                                                    7/1/2000

Commonwealth               11/9/92    $2,857,000    Williams, Mullen,                      11/19/92 Private Placement         Variable Rate   11 years
Associates                                          Christian &
REFINANCING                                         Dobbins
                                                    (Richmond)

                                                                                 -3-
                          Date of
       Applicant                    Amount of          Bond              Type of      Date
                           Final                                                                        Lender              Interest           Terms
                                       Bond           Counsel          Transaction   Settled
                        Resolution
Washington Dulles Air   9/2/92     $16,795,000   Hunton & Williams   Lease           9/22/92   Wheat First Securities,   6% - 7%         17 years
Cargo Limited                                                                                  Inc.
Partnership (Phase I)

G.W. Refinancing        6/19/92    $18,000,000   Hunton & Williams                   6/30/92   Riggs Nat'l Bank of       4.90% - 6.25%   30 years
                                                                                               Washington, DC


ECHO                    7/22/91    $750,000      Mays, Valentine     Deed of Sale    8/9/91    Sovran Bank, N.A.         Variable        20 years

Loudoun Hospital        12/13/90   $10,000,000   Hunton & Williams   Deed of Sale    12/15/90 Wheat First Securities,    7.25% - 7.5%    Principal Payments
Center                                                                                        Inc. and R.W. Corby and                    Due 1992 - 1998
See 1995 Refunding                 PAID IN                                                    Company Inc.
Issue                              FULL

George Washington       6/5/90     $18,000,000   Hunton & Williams   Deed of Sale    6/26/90   Riggs Nat'l Bank of       Variable        25 years
University                                                                                     Washington, DC




                                                                             -4-

								
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