Tax Increment Finance Authority

APPROVED 02/23/2022 TAX INCREMENT FINANCE AUTHORITY MINUTES JANUARY 24, 2022 THE MEETING OF THE TAX INCREMENT FINANCE AUTHORITY WAS CALLED TO ORDER AT 7:00 P.M., ON MONDAY, JANUARY 24, 2022, BY VICE-CHAIRMAN REINDEL Present: Garant, LaFore, Reindel, Weinert, Yelencich Absent: Ball, Ruff Others: Director Moore, City Clerk Stagl Visitors: None Motion by Garant, supported by Yelencich, to excuse Authority Members Ball and Ruff from tonight’s meeting. All yeas Motion passes APPROVAL OF MINUTES Motion by Weinert, supported by Garant, to approve the minutes from November 23, 2021. All yeas Motion passes APPROVAL OF BILLS Motion by LaFore, supported by Yelencich, to approve the Payroll Expenses for November 19th, 2021 through January 13th, 2022, in the amount of $15,279.60 All yeas Motion passes Motion by LaFore, supported by Yelencich, to approve the Schedule of Bills for November 17th, 2021, through January 18th, 2022, in the amount of $36,235.92. All yeas Motion passes CORRESPONDENCE Revenue and Expense Report for November 2021 City Council Quarterly Roundtable Meeting Minutes of October 18, 2021 City Council Meeting Minutes of October 18, 2021 City Council Meeting Minutes of November 1, 2021 Organizational Meeting Minutes of November 8, 2021 City Council Meeting Minutes of November 15, 2021 City Council Meeting Minutes of December 6, 2021 City Council Meeting Minutes of December 20, 2021 Receive and File the correspondence as presented. [Type here] [Type here] [Type here]  APPROVED 02/23/2022 PUBLIC COMMENTS None. ADOPTION OF AGENDA Motion by Weinert, seconded by Garant, to adopt the Agenda as presented. All yeas Motion passes ITEMS FOR CONSIDERATION 1. Discussion on the Aud Director Moore informed the Authority, that members of TIFA, the Recreation Board and City Council, toured the Roosevelt Auditorium on December 20th. The notes from this facility tour were provided to the Authority. Director Moore discussed the current lease that with Dominion Church and a tentative timeline to end this lease. It was suggested that we should give the church until Memorial Day. This would give the City the summer to work on the building and to have a grand opening for both the building and programming in the fall. Discussed the facility needs and possible programming for the Aud. The Director will be bringing to TIFA at the March meeting recommendations for the roof and masonry repairs that our critically needed. Asked that Authority members review the facility needs listing provided and identify any needs that may have been overlooked. Some additional items mentioned for the facility list. - Gutter at the southeast corner of the building is disconnected. - Update all doors – get keys for all doors Programming for the Aud was discussed. There may be the potential to have volunteers to assist with staffing for rental events. We need to consider both long-term and short term financing. Director Moore informed the Authority that the Rotary was willing to pay for the basketball backboards, wall padding and scoreboard/timeclock Currently TIFA has $160,000 in their budget to complete the masonry repairs and roof replacement. We will need to have further discussions on the level of financial assistance the TIFA wants to provide to the Aud on a yearly basis. The City’s general fund may also provide some funding and we may be able to receive funding from other civic organizations. It was brought to the Director’s attention that Ball Equipment currently run 4-wheelers behind the Aud. May need to research whether Dominion Church has an agreement with Ball Equipment for the use of this property. If not, we may need to put up parking blocks. [Type here] [Type here] [Type here]  APPROVED 02/23/2022 2. Update on Downtown Lighting Director Moore informed the Authority that we have moved forward with order the lights strands and all cables – the cost was roughly $7,000. We anticipate that this will be a spring project. MISCELLANEOUS MATTER FROM THE DIRECTOR - The Chili cook-off is scheduled for Saturday, February 5th. There will also be an informal hockey game in Beebe Park beginning at 11:00 am for anyone to drop-in. CHAIRMAN AND AUTHORITY MEMBERS None. ADJOURNMENT Motion by Garant, supported by Yelencich, to adjourn the Tax Increment Finance Authority meeting at 7:48 p.m. All yeas Motion passes Respectfully Submitted: Karen Stagl City Clerk [Type here] [Type here] [Type here]