Tax Increment Finance Authority

APPROVED 07/28/2021 TAX INCREMENT FINANCE AUTHORITY MINUTES JUNE 23, 2021 THE MEETING OF THE TAX INCREMENT FINANCE AUTHORITY WAS CALLED TO ORDER AT 7:00 P.M., ON WEDNESDAY, JUNE 23, 2021, BY VICE-CHAIRMAN REINDEL Present: Ball, LaFore, Reindel, Weinert, Yelencich Absent: Garant, Ruff Others: Director Moore, City Clerk Stagl Visitors: Pat Akerley, former Program Coordinator for Richmond Blue Devil Football Motion by LaFore, supported by Yelencich, excuse Members Garant and Ruff from tonight’s meeting. All yeas Motion passes APPROVAL OF MINUTES Motion by Weinert, supported by LaFore, to approve the minutes from May 26, 2021. All yeas Motion passes APPROVAL OF BILLS Motion by LaFore, supported by Ball, to approve the Payroll Expenses for May 18th through June 17th, 2021, in the amount of $7,498.95. All yeas Motion passes Motion by LaFore, supported by Weinert, to approve the Schedule of Bills dated May 18th through June 21st, 2021, in the amount of $40,900.98. All yeas Motion passes TIFA: 06/23/2021 Page 1 of 4  APPROVED 07/28/2021 CORRESPONDENCE Revenue and Expense Report for May 2021 City Council Budget Workshop Meeting Minutes of 17, 2021 City Council Meeting Minutes of May 17, 2021 Received and Filed the Correspondence as presented. PUBLIC COMMENTS None. ADOPTION OF AGENDA Motion by Ball, seconded by Yelencich, to adopt the Agenda as amended: Add item #3 – Discussion on Small Civic Group Signs All yeas Motion passes ITEMS FOR CONSIDERATION 0. Consideration of Request for Funding the Coach Kocher Memorial Director Moore informed the Authority that Patrick Akerley, former Program Coordinator for Richmond Blue Deveil Football, is requesting assistance from TIFA for funding a new archway into the RHS football field. The funding would be to help fund the John Kocher Memorial Archway. The Richmond School board approved the dedication of the football field in honor of John Kocher and keeping the football stadium in honor of Ben Boldt, with the understanding that there will be no monetary assistance provided from the school district. Patrick Akerley, informed the TIFA that the total estimated cost of the project is $30,000. The volunteers that are working on the project have established a “Go Fund Me” page and currently have raised $4,260 toward the project, plus an additional $5,000 commitment pending. They are asking that TIFA contribute $25,000 toward the project. Authority members discussed that in addition to the new archway, there would be the cost of the memorial plaques, the “Ben Boldt Stadium” sign and any additional costs incurred. Discussed with Pat Akerley that TIFA would also like a plaque recognizing their funding of the original building to come out of their contribution. Authority members agreed that they would like to see TIFA step up and do something for the community – Coach Kocher did a lot for the football program and the community. It was suggested that TIFA contribute $20,000 which would go toward the cost of the TIFA: 06/23/2021 Page 2 of 4  APPROVED 07/28/2021 archway and the plaques. Pat Akerley stated that there was still a lot of fund raising going on. He expressed his appreciation to TIFA for the contribution of $20,000. Motion by Ball, seconded by Yelencich, to authorize the expense of $20,000 toward the cost of the new archway into the football field with the expense charged to the appropriate line item, Capital Improvements – Other Projects, TIFA Fund. All yeas Motion passes 1. Consideration of the Purchase of Christmas Tree Topper Director Moore presented the TIFA with three options for a tree topper for the City Christmas Tree: 1. A Silhouette Double Starr for $430; 2. A silver LED Moravian Star for $488; and 3. A Bethlehem Star for $356. The consensus of the Authority was to purchase Option 2 – the silver LED Moravian Star for $488. 2. Discussion on Small Civic Group Sign Director Moore informed the Authority that the City has installed the civic signs. Each civic organization will be informed that they can have their signs done at Print-all for about $100 for each organization. Director Moore questioned whether TIFA wanted to pay this cost or the organization should be responsible for this cost. It was the consensus that the organization should pay for the cost of their plaque to be placed on the City’s civic organization sign. Yelencich and Ball left the meeting at 7:32 pm for a fire run. MISCELLANEOUS MATTER FROM THE DIRECTOR - The Heritage Festival is this weekend (6/26 and 6/27) from 10 am – 4pm. - The pool circulation pump needs to be replaced. The pool is currently closed until the pump can be repaired. CHAIRMAN AND AUTHORITY MEMBERS None. TIFA: 06/23/2021 Page 3 of 4  APPROVED 07/28/2021 ADJOURNMENT Motion by LaFore, supported by Weinert, to adjourn the Tax Increment Finance Authority meeting at 7:46 p.m. All yeas Motion carried Respectfully Submitted: Karen Stagl, City Clerk TIFA: 06/23/2021 Page 4 of 4