Tax Increment Finance Authority

APPROVED 03/24/2021 TAX INCREMENT FINANCE AUTHORITY MINUTES February 24, 2021 THE MEETING OF THE TAX INCREMENT FINANCE AUTHORITY WAS CALLED TO ORDER AT 7:03 P.M., ON WEDNESDAY, FEBRUARY 24, 2021, BY VICE- CHAIRMAN REINDEL. THE MEETING WAS HELD VIRTUALLY VIA ZOOM. Present: Ball, Garant, LaFore, Reindel, and Weinert Absent: Ruff, Yelencich Others: Director Moore Visitors: None Motion by Weinert, seconded by Ball, to excuse Authority Members Ruff and Yelencich from tonight’s meeting, due to being out of town. All yeas Motion passes APPROVAL OF MINUTES Motion by Garant, seconded by LaFore, to approve the minutes from January 27, 2021, as presented. All yeas Motion passes APPROVAL OF BILLS Motion by LaFore, seconded by Garant, to approve the Payroll Expense for January 15th thru February 11th 2021 in the amount of $4,369.63; All yeas Motion passes Motion by Ball, seconded by Weinert, to approve the Schedule of Bills dated January 19th thru February 15th, 2021 in the amount of $20,647.06; All yeas Motion passes Page 1|3 TIFA: 02/24/2021  APPROVED 03/24/2021 CORRESPONDENCE Revenue and Expense report for January 2021 City Council Meeting Minutes of January 4, 2021 City Council Meeting Minutes of January 18, 2021 City Council Meeting Minutes of February 1, 2021 Received and Filed. PUBLIC COMMENTS None ADOPTION OF AGENDA Motion by Garant, seconded by Ball, to adopt he Agenda as presented. All yeas Motion passes ITEMS FOR CONSIDERATION 1. Discussion of FY2021-22 Budget Director Moore presented the TIFA Board with copies of last year’s budget and sections of the TIFA plan. This item is on the agenda to make sure the board has input into the budget the Director will be putting together. Reindel would like to focus on finishing the projects we have started or are in the budget currently, such as the light in the downtown and the parking lot improvements. Make sure we invest in the downtown. Also suggested reviewing the façade programs. There was a consensus of the TIFA members that agreed with Reindel to focus on the projects already in the budget including the downtown lights and parking lot projects that invest in our downtown. LaFore agreed and also suggested trying to place completion dates on the big projects. Thought that we may be able to work with the coordinators of the new vintage markets to have ongoing markets throughout the summer. Weinert suggested making sure that events such as the Vintage market supplement and enhance our existing local businesses and do not compete against them. Felt that the downtown lights may still include some building to building lights in the area of Monroe and Main and possibly somewhere by the Gierk Block. He also suggested that TIFA consider that RAHGS is moving forward with their long term plan and to keep in Page 2|3 TIFA: 02/24/2021  APPROVED 03/24/2021 mind they may be looking for help with turning the existing garage into a historic gas station. Garant asked if we still had the frame/boards from the old ice rink. Would like to see if it is possible to set up a smaller rink in the downtown. Others liked this idea and some suggested the grass area next to the Aud if that building changes hands. The municipal parking lot changes elevation up by Main Street, so the ice rink would need to go along Parker Street if put there. Consensus of the TIFA members is that they may need to consider funding at least a portion of the improvements to the Aud if this building changes hands. MISCELLANEOUS MATTER FROM THE DIRECTOR Thanked everyone for zooming in to the meeting. CHAIRMAN AND AUTHORITY MEMBERS Ball – raised concerns about the lighting at 31 Mile Road and County Line. You come up on the intersection without knowing it, because you are focused on the signal at 31 Mile and Gratiot. Director Moore stated that he would forward the concerns to the County that maintains that intersection. Reindel – Longtime fireman and local business owner in the TIFA District Al Bush passed away, condolences to his family ADJOURNMENT Motion by Ball, supported by Reindel, to adjourn the Tax Increment Finance Authority meeting at 8:01 p.m. All yeas Motion passes Respectfully Submitted: Jon Moore City Manager Page 3|3 TIFA: 02/24/2021