Downtown Development Authority Special Call

DOWNTOWN DEVELOPMENT AUTHORITY SPECIAL CALL MINUTES Monday, June 30, 2025 Council Chambers 5:00 PM 70 S. Clayton St, GA 30046 Call to Order Chairman Lee Merritt called the meeting to order at 5:02 pm after recognizing a quorum. PRESENT Board Member Victoria Jones Board Member Joanie Perry Ward Board Member Jim Nash Board Member Jeremy Higginbotham Board Member Lee Merritt ABSENT Board Member Jen Young Board Member Chris Adams Approval of Agenda Motion to approve the agenda made by Board Member Perry Ward, Seconded by Board Member Higginbotham. Voting Yea: Board Member Jones, Board Member Perry Ward, Board Member Nash, Board Member Higginbotham, Board Member Merritt Downtown Development Business 1. June 2025 DDA Treasurer’s Report Board Member Joanie Perry Ward, Treasurer presented the June 2025 Downtown Development Treasurer's Report to the Board. One edit was noted on the Money Market Account - Real Estate Account. The total amount under withdrawals should read $66.00 instead of $64.00. Motion to accept the June 2025 Downtown Development Authority Treasurer's Report with the edit of $66.00 for the total amount under withdrawals under the Money Market Account -  Real Estate Account made by Board Member Higginbotham, Seconded by Board Member Jones. Voting Yea: Board Member Jones, Board Member Perry Ward, Board Member Nash, Board Member Higginbotham, Board Member Merritt 2. Retail Curating Presentation Ms. Edie Weintraub and Ms. Michaela Boone with Terra Alma presented their retail curating presentation to the Downtown Development Authority Board. 3. Hotel Equipment Purchase Chairman Merritt reviewed the companies that were being considered regarding the furniture, fixtures, and equipment for the Lawrence Hotel. Motion to have the furniture, fixtures, and equipment for the Lawrence Hotel purchased through Boeler at a total cost of $665,025.63 made by Board Member Higginbotham, Seconded by Board Member Jones. Voting Yea: Board Member Jones, Board Member Perry Ward, Board Member Nash, Board Member Higginbotham, Board Member Merritt Mainstreet Business Mrs. Jasmine Jackson, Mainstreet Director updated the Board on the Facade Grant for Fishery Fitness. She showed the before and after photos and provided the various receipts. Beren's Custard is planning on opening in late July. They will have a booth at the Prelude event on July 2nd. Prelude - Wednesday, July 2nd - bands begin at 5:30 pm and the fireworks are scheduled for 9:30 pm. Next year is the 250 year anniversary of our nation's independence. We have lots of special things planned for next year. Other Business Barry Mock presented an insurance proposal to the Board which would protect property, general liability, public official liability, and excess liability. Motion to approve purchasing Commercial Package insurance policy from the Marsh McLennan Agency in the amount of $8,477.00 includes coverage for property, general liability, public official liability, and excess liability made by Board Member Perry Ward, Seconded by Board Member Jones. Voting Yea: Board Member Jones, Board Member Perry Ward, Board Member Nash, Board Member Higginbotham, Board Member Merritt Citizen Comments No Citizen Comments Executive Session - Real Estate Motion to enter into Executive Session made by Board Member Merritt, Seconded by Board Member Jones. Voting Yea: Board Member Jones, Board Member Perry Ward, Board Member Nash, Board Member Higginbotham, Board Member Merritt Motion to exit Executive Session made by Board Member Merritt, Seconded by Board Member Jones. Voting Yea: Board Member Jones, Board Member Perry Ward, Board Member Nash, Board Member Higginbotham, Board Member Merritt 8 Real Estate Items Discussed: 3 Votes Taken Final Adjournment Motion to agree to a nine-month agreement with Terra Alma for a maximum of $10,000 per month with attorney review made by Board Member Merritt, Seconded by Board Member Higginbotham. Voting Yea: Board Member Jones, Board Member Perry Ward, Board Member Nash, Board Member Higginbotham, Board Member Merritt Motion to adjourn made by Board Member Merritt, Seconded by Board Member Higginbotham. Voting Yea: Board Member Jones, Board Member Perry Ward, Board Member Nash, Board Member Higginbotham, Board Member Merritt Minutes Signature _________________________ Lee Merritt, Chairman _________________________ Barry Mock, Secretary