Tax Increment Finance Authority

APPROVED 08/26/2020 TAX INCREMENT FINANCE AUTHORITY MINUTES JULY 22, 2020 THE MEETING OF THE TAX INCREMENT FINANCE AUTHORITY WAS CALLED TO ORDER AT 6:00 P.M., ON WEDNESDAY, JULY 22, 2020, BY CHAIRMAN RUFF Present: LaFore, Reindel, Ruff, Weinert, Yelencich Absent: Ball, Garant Others: None Motion by Reindel, seconded by LaFore, to excuse Authority members Ball and Garant from tonight’s meeting. All yeas Motion passes APPROVAL OF MINUTES Motion by Reindel, seconded by Yelencich, to approve the minutes from June 24, 2020, regular meeting as presented. All yeas Motion passes APPROVAL OF BILLS Motion by LaFore, seconded by Reindel, to approve the payroll expenses for June 19th through July 16th, in the amount of $2,451.06. All yeas Motion passes Motion by Reindel, seconded by LaFore, to approve the Schedule of bills for June 25th through July 21st, 2020, in the amount of $74,966.70. All yeas Motion passes CORRESPONDENCE Revenue and Expense report for June 2020 City Council Meeting Minutes of June 15, 2020 Received and Filed. PUBLIC COMMENTS Page 1|3 TIFA: 07/22/2020  APPROVED 08/26/2020 None. ADOPTION OF AGENDA The Agenda was adopted as presented. ITEMS FOR CONSIDERATION 1. Consideration of Engineering Proposal/Parking Lot Renovations Director Moore informed the Authority that both the City Council and TIFA had discussed wanting to focus on improving the parking lots in the North Business District. The condition of the parking lots behind the Chaps Block created a poor first impression of the City of Richmond and both boards stated that this project should be a priority. The proposal presented to the Authority is to engineer and design improvements to the parking lots regardless of whether the property is public or private. The proposal is to develop engineering drawings to include repaving, catch basis repairs, striping and potentially burying the overhead utilities. Administration would take these drawing and present them to the businesses to get them to “buy in” on the project. The main goal is to develop a plan that everyone can support. However, even if the business contribution is nominal, we want to improve the bulk of the parking lot areas to make a better showing for out of town customers visiting our community and utilizing these lots. Authority members were happy to see this project moving forward – it was long overdue. Authority members did request that some additional enhancements be considered behind the buildings. Develop areas behind the buildings to potentially allow for an outside dining area. Motion by Reindel, seconded by LaFore, to authorize the Engineering Proposal from Tetra Tech to develop plans for three parking lot areas in the North Business District an the amount of $75,000. All yeas Motion passes Page 2|3 TIFA: 07/22/2020  APPROVED 08/26/2020 MISCELLANEOUS MATTER FROM THE DIRECTOR - The Community Garage Sale will be held on Saturday, July 25th from 8:30 am – 1:30 pm. The vendors will set up along Festival Drive. Businesses in the City will also be holding sidewalk Sales. - Starr Craft Brewery held their one-year anniversary event – it went very well. CHAIRMAN AND AUTHORITY MEMBERS Weinert – Appreciate being appointed to the TIFA Board. ADJOURNMENT Motion by Reindel, supported by LaFore, to adjourn the Tax Increment Finance Authority meeting at 7:31 p.m. All yeas Motion passes Respectfully Submitted: Karen Stagl City Clerk Page 3|3 TIFA: 07/22/2020