Economic Development Commission

Committee Members Staff to the Committee Chairperson Councilman Vincent Loffredo Christine Marques, Director of ECD Members Councilwoman Jeanette Blackwell Brian Gartner, ECD Staff Councilman Anthony Gennaro Councilwoman Steven Kovach Councilwoman Linda Salafia ECONOMIC DEVELOPMENT COMMITTEE MIDDLETOWN CONNECTICUT SPECIAL MEETING TUESDAY, JUNE 25, 2024 MINUTES A Special Meeting of the Economic Development Committee of the City of Middletown was held on Tuesday, June 25 th 2024 at 5:30 PM. This meeting was a hybrid meeting with in-person participation in Room #202 of the Municipal Building and remote access via WebEx. Committee Members Present: Chairman Vincent Loffredo, Councilwoman Jeanette Blackwell, Councilman Steven Kovach, and Councilwoman Linda Salafia Staff Members Present: Christine Marques, Brian K. Gartner Jr Members of the Public Present: Marco Gaylord, Director of Operations, Middletown Board of Education 1. Call to Order - Chairman V. Loffredo called the meeting to order at 5:35 PM. 2. Approval of Minutes – None 3. Public Session – None 4. New Business - None 5. Old Business a. Proposed lease agreement for The Middletown Board of Education at R.M. Keating (180 Johnson Street).  Discussion – Marco Gaylord addresses the committee on the BOE’s current arrangements for storage. He has been authorized by the BOE to negotiate this agreement with the following caveats; if a zero dollar lease is not obtainable, he is only authorized to negotiate to an amount to not exceed what they are currently paying U- Haul for storage. They are currently renting 1000 SQ. FT. of space from U-Haul on Newfield Street for approximately $9,300.00 a year. They are also utilizing the former Keigwin School, and its grounds for storage as well.  Motion to APPROVE the proposed lease is made by Chairman Loffredo and seconded by Councilman Kovach.  Motion to MODIFY the agreement from $3.00 a SQ. FT. to $1.50 a SQ. FT. at an increase of 5% annually is made by Chairman Loffredo and seconded by Councilman Kovach.  Motion PASSED with one opposed (Councilwoman Salafia). b. Departmental Updates - None 6. Adjournment - Having no further business in front of the committee this evening the committee moved to adjourn. If you require special accommodations for any meeting, please call the ADA Coordinator at (860) 638-4540, (voice) or (860) 638-4812 (TDD/TTY), or the Town Clerk’s Office at (860) 638-4910 at least ten (10) days prior to the scheduled meeting. Page 1 of 1