TAD Advisory Committee - Lexington Road

MINUTES LEXINGTON TAX ALLOCATION DISTRICT (TAD) ADVISORY COMMITTEE REGULAR MEETING Thursday, November 4, 2021 – 5:30 pm The meeting was held remotely, via WebEx. The public could join this meeting by using the following link on their computer, smartphone or tablet: https://youtu.be/jz11xBJGbLU Members Present: Cshanyse Allen, Rhett Butler, Brantley Colbert, Mack Duncan, Mae Walter Members Absent: Shane Dekle Staff Present: Ilka McConnell, Economic Development Director Guest: Dan McRae, Attorney and Partner, Seyfarth Shaw A. Call to Order as a Regular Meeting: Mack Duncan, Chair @ 5:33 pm B. Approval of Agenda Motion: Rhett Butler Second: Cshanyse Allen Unanimous Approval of agenda C. Approval of October 21, 2021, minutes Motion: Cshanyse Allen Second: Rhett Butler Unanimous Approval of minutes D. Old Business: Discussion of needs and opportunities within the TAD, including ways TAD funding can be leveraged to encourage (re)development Guest: Dan McRae, Seyfarth Shaw Attorney McRae answered specific questions presented by the committee regarding TAD funding as well as a general overview of TADs. E. Date for Next Regular Meeting: Thurs, November 18th at 5:30 pm F. Adjourn @ 6:34 pm Motion: Rhett Butler Second: Cshanyse Allen Unanimous Approval to adjourn