Tax Increment Finance Authority

APPROVED 01/24/2024 TAX INCREMENT FINANCE AUTHORITY MINUTES NOVEMBER 21, 2023 THE MEETING OF THE TAX INCREMENT FINANCE AUTHORITY WAS CALLED TO ORDER AT 7:00 P.M., ON NOVEMBER 21, 2023, BY CHAIRMAN GARANT Present: Garant, Gillies, LaFore, Reindel, Weinert, Yelencich Absent: Ball Others: Director Moore, City Clerk McCallister Visitors: None Motion by Reindel, seconded by LaFore, to excuse Authority member Ball from tonight’s meeting. All yeas Motion passes APPROVAL OF MINUTES Motion by Reindel, seconded by Yelencich, to approve the minutes from October 25, 2023, as presented. All yeas Motion passes APPROVAL OF BILLS Motion by LaFore, seconded by Weinert, to approve the Payroll Expenses for October 20, 2023 through November 8, 2023 in the amount of $2,024.68 and the Schedule of Bills for October 17, 2023 through November 8, 2023 in the amount of $61,662.52. All yeas Motion passes CORRESPONDENCE Revenue and Expense Report for October, 2023 City Council Minutes for the October 16, 2023 Regular Meeting City Council Minutes for the October 16, 2023 Quarterly Meeting Received and filed the correspondence as presented. PUBLIC COMMENTS None TIFA Mtg: 11/21/2023 Page 1 of 3  APPROVED 01/24/2024 ADOPTION OF AGENDA Motion by Yelencich, seconded by LaFore, to adopt the agenda as presented All yeas Motion passes ITEMS FOR CONSIDERATION 1. 2nd PA 57 Public Meeting This is the second (2nd) of two, official Public Informational Meeting necessary to meet the State’s reporting requirements of the State Department of Treasury. Meeting invitations were sent to the Macomb County Clerk, City Clerk and the President of the Macomb Community College. These invitations are required to be sent to any agency to which we capture taxes from. Director Moore gave a brief overview of the current TIFA fund balance and asked Authority members to begin thinking about projects they would like included in the upcoming budget. 2. Chili Cook-Off Discussion The Chili Cook-Off will be held on Saturday, February 3, 2024 at the Roosevelt Civic Auditorium this year. The Rybar family has been covering all costs related to the Chili Cook-Off as a memorial gift in memory of Ron Rybar. Administration is working on ways to make the event more successful and asked Authority members for additional recommendations. It was the consensus to find an ice carver for this event in honor of former Chairman Bill Ruff. Motion by Reindel, seconded by Yelencich, to approve the expense not to exceed $7,500, for an ice carver/sculpture for the Chili Cook-Off Event, scheduled for Saturday, February 3, 2024. All yeas Motion passes MISCELLANEOUS MATTER FROM THE DIRECTOR The City will be closed Thursday, November 23 –Friday, November 24 for Thanksgiving. Moore will be off on Wednesday, November 22. Christmas decorations will be going up on Sunday, November 26. They are still looking for entries for the Santa parade; if interested contact Jennifer Hill. The Christmas Open House invitations have gone out - save the date (December 8th). The conduit is in the parking lot so DTE is working on it. One additional business (Party Store) has been added to the Phase 2 lighting project. The dentist office (69089 Main Street) currently has a dumpster for “project clean-up”. Will also reach out to the new owner regarding downtown lights. TIFA Mtg: 11/21/2023 Page 2 of 3  APPROVED 01/24/2024 CHAIRMAN AND AUTHORITY MEMBERS Gillies – Happy Thanksgiving LaFore – The Good Old Days informational sign needs updating. Suggested TIFA consider purchasing a new one. Garant noted his pleasure in all the successful accomplishments the TIFA has made in 2023. ADJOURNMENT Motion by Reindel, supported by Yelencich, to adjourn the Tax Increment Finance Authority meeting at 7:29pm. All yeas Motion passes Respectfully Submitted: Heather McCallister City Clerk TIFA Mtg: 11/21/2023 Page 3 of 3