City Commission

321 3rd Floor Conference Rm, City Hall Millville, New Jersey November 29, 2011 5:45 p.m. The Board of Commissioners met in an executive session with Mayor Shannon presiding. Members present: Shannon, Derella, Finch, Quinn and Vanaman. Absent: None. Also attending were Don Ayres, Director of Millville Urban Redevelopment Corporation; Philip VanEmbden, Director of the Levoy Theatre Preservation Society; Lauren VanEmbden, Chairman of the Levoy Theatre Preservation Society and Richard McCarthy, City Attorney. Resolution No. R266-2011 authorizing an executive session regarding the Levoy Theatre Development Agreement was adopted by the following vote. Yeas: Finch, Quinn, Derella, Vanaman and Shannon. 322  323 ct to continue towards their original goal of a June 2012 opening. Ms. VanEmbden stated the society would not draw down the $1,600,000.00 loan until approximately May of 2012. en as permanent financing the same as the original Sun Bank loan. Richard McCarthy stated this loan must mirror the Sun Bank loan, City’s position at a later time, however that is not yet known. Commissioner Vanaman questioned the projection of UEZ fundi ance 2 million dollars is spent there is sufficient funding available. Don Ayres stated the $1,600,000.00 dollars is available to loan for this project. The VanEmbdens left the meeting at 6:50 p.m. Further discussion regarding the Urban Enterprise Zone proje re gh UEZ be projects in the  324 There being no further comments the meeting was adjourned subject to the call of the chair, by the following vote. Yeas: Finch, Quinn, Derella, Vanaman and Shannon. Approved: December 5, 2011 _James T. Shannon____________ Mayor _Joseph J. Derella___________ _James F. Quinn______________ _David W. Vanaman____________ _Dale L. Finch_______________ Commissioners Attest: _Susan G. Robostello___________ City Clerk/Administrator