TAD Advisory Committee - Lexington Road

MINUTES LEXINGTON TAX ALLOCATION DISTRICT (TAD) ADVISORY COMMITTEE REGULAR MEETING Thursday, July 15, 2021 – 5:30 pm Location: ACC Police Department, 3035 Lexington Road Members Present: Cshanyse Allen, Brantley Colbert, Rhett Butler, Shane Dekle, Mack Duncan, Mae Walter Members Absent: None Staff Present: Ilka McConnell, Economic Development Director A. Call to Order as a Regular Meeting: Mack Duncan, Chair @ 5:44 pm B. Approval of Agenda Motion to add New Business Item to Agenda: Mack Duncan Second: Rhett Butler Unanimous Approval to add Conflict of Interest as New Business to Agenda Motion to Approve Agenda: Shane Dekle Second: Rhett Butler Unanimous Approval of agenda C. Approval of Minutes Motion: Shane Dekle Second: Rhett Butler Unanimous Approval of minutes D. New Business: Conflict of Interest Ilka McConnell presented a possible project involving property owned by a committee member. Committee asked McConnell to provide legal ruling from the Attorney regarding committee members responsibilities concerning possible Conflict of Interest. E. Old Business: Continued discussion and brainstorming on needs within the TAD a. Chair Mack Duncan presented the 20-year estimated TAD District tax Contributions b. Brainstormed possible use of TAD dollars as incentives for improvements for current businesses, attracting new Economic opportunities as well as infrastructure improvements F. Date for Next Regular Meeting: Thurs, August 5th at 5:30 pm The meeting will be held remotely, via WebEx. The public may join this meeting by using the following link on your computer, smartphone or tablet: https://youtu.be/pHCIN8C-dNo G. Adjourn @ 7:19 pm Motion: Cshanyse Allen Second: Rhett Butler Unanimous Approval to adjourn