Community Development Authority (CDA)

COMMUNITY DEVELOPMENT AUTHORITY MINUTES VILLAGE OF EAST TROY March 22, 2021 Page 1 of 2 Call Meeting to Order Roll Call Chairperson Holm called the meeting to order at 6:04 p.m. Present: Chairperson Jim Holm, President Seager, Trustee Alger, Commissioners Benny Stichmann, John Isleb, Mary Nicoson, Excused: Others: Eileen Suhm, Administrator/CDA Executive Director All attendees were present remotely via Zoom. Public Comment None Approval of Minutes Minutes dated February 22, 2021 Motion by Benny Stichmann, second by John Isleb. Motion carried. New Business None Old Business 1. Discussion regarding promotion of Façade Grant program and direct mailing option for communication to Main Street/Downtown District Businesses Discussed the options presented by Executive Director Suhm to publicize the program. After further discussion, the CDA directed a flyer to promote the program to businesses on Main Street, Beulah Avenue, and the downtown square. It was noted the focus should be on commercial business. Discussed a note should be added to the promotional flyer as well as the future façade grant document that grant funds cannot be utilized to pay special assessments for a public project. 2. Discussion regarding review of draft revolving loan fund manual and program development Semi-Annual report to the Board will also be provided to the CDA. Executive Director Suhm reviewed the most recent modifications to the document along with the proposed approval process. She stated the intent is to address any formatting issues that remain in the document (a page numbering issue was noted at the meeting). Afterwards, she will submit it to the Village Attorney to review and then bring it back to the CDA for a final review and recommendation to the Village Board. The consensus of the CDA was the process proposed is acceptable. 3. Discussion/Direction regarding services to be provided by Walworth County Economic Development Alliance for review of revolving loan fund application and some loan issuance administration The CDA decided they would wait until the final review of the revolving loan fund manual to take action on this item. Executive Director Suhm reported Derek D’Auria, Executive Director  COMMUNITY DEVELOPMENT AUTHORITY MINUTES VILLAGE OF EAST TROY March 22, 2021 Page 2 of 2 of Walworth County Economic Development Alliance (WCEDA), reviewed the information related to tasks and the proposal they had submitted. He confirmed he was comfortable with the tasks identified for WCEDA to administer and the proposal is still accurate. 4. Review of priority list with possible recommendations for future projects • Commissioner Stichmann stated he thought the billboard topic might be good to discuss with the business owners during the square revitalization project. • Executive Director Suhm stated DPW Director Equitz informed her the provisions for a crosswalk on Main Street (Highway ES) near Energy Drive are being installed with the County roadwork project in 2021 (curb cuts and sidewalk approaches) but it will the Village’s responsibility to install the sidewalk. She will follow up to find out whether the sidewalk is included in the five-year capital improvement budget. • Discussed a potential loan program Executive Director Suhm previously mentioned that would allow loans for residential property maintenance which are deferred until the sale of the property. She will investigate this program and bring information to the CDA at their next meeting. Next meeting date: April 26, 2021 Adjourn Motion by Commissioner Nicoson, second by Trustee Alger to adjourn at 6:32 p.m. Motion carried. Respectfully Submitted: Eileen Suhm, Administrator/CDA Executive Director