Tax Increment Finance Authority

APPROVED 03/27//2024 TAX INCREMENT FINANCE AUTHORITY MINUTES JANUARY 24, 2024 THE MEETING OF THE TAX INCREMENT FINANCE AUTHORITY WAS CALLED TO ORDER AT 7:00 P.M., ON JANUARY 24, 2024, BY CHAIRMAN GARANT Present: Ball, Garant, Gillies, LaFore, Reindel, Weinert, Yelencich Absent: None Others: Director Moore, City Clerk McCallister Visitors: None APPROVAL OF MINUTES Motion by Reindel, seconded by Weinert, to approve the minutes from November 21, 2023, as presented. All yeas Motion passes APPROVAL OF BILLS Motion by LaFore, seconded by Ball, to approve the Payroll Expenses for November 9, 2023 through January 18, 2024 in the amount of $19,682.82. All yeas Motion passes Motion by Reindel, seconded by LaFore, to approve the Schedule of Bills for November 9, 2023 through January 18, 2024 in the amount of $112,606.82. All yeas Motion passes CORRESPONDENCE Revenue and Expense Report for December, 2023 City Council Minutes for the January 3, 2024 Regular Meeting City Council Minutes for the December 18, 2023 Regular Meeting City Council Minutes for the December 4, 2023 Regular Meeting Received and filed the correspondence as presented. PUBLIC COMMENTS None TIFA Mtg: 1/24/2024 Page 1 of 3  APPROVED 03/27//2024 ADOPTION OF AGENDA Motion by Reindel, seconded by Yelencich, to amend the agenda to include #3 Item for Consideration – Repair to Streetscape Sign. All yeas Motion passes ITEMS FOR CONSIDERATION 1. Discussion on FY202425 TIFA Budget Administration gave an in-depth explanation on some of the budget items (Community Promotions, Administration Fees and Equipment Rental line items). The TIFA Board discussed potential future projects that may be included in upcoming budgets. The top items the Authority members would like to see added are:  Parking lot improvements - Temporary parking (millings) on the parcel the City owns just north of the beauty shop and a possible partnered project with the City/TIFA to expand the parking lot at the Aud.  Leaf vacuum truck  Small family skate rink at the Aud  Mobile arrow board sign and trailer Authority members discussed discontinuing the community promotion in the Blue Water Vacationland Magazine and Macomb promotional magazine. No other comments were received 2. Consideration of Chamber Business Directory The former Greater Romeo-Washington Chamber of Commerce, now called the Northern Macomb Regional Chamber of Commerce will be printing its first directory since the name change. In support of the new Chamber of Commerce, and to encourage growth of the membership in this area, administration recommended purchasing an ad in the directory. Motion by Weinert, seconded by Reindel, to approve the purchase of a 1/8-page ad for $295. All yeas Motion passes 3. Consideration of Repair to Streetscape Sign The entryway sign at the corner of 33 Mile Road and M-19 was hit by a vehicle. The post on the right hand side along with the finial at the top needs to be replaced. Motion by Reindel, seconded by Yelencich, to approve the quote from Signarama in the amount of $2,375 to repair the sign at 33 Mile Road and M-19. All yeas Motion passes TIFA Mtg: 1/24/2024 Page 2 of 3  APPROVED 03/27//2024 MISCELLANEOUS MATTER FROM THE DIRECTOR There are continued efforts to maintain the ice rink in Beebe Park, but due to the recent weather conditions it has not been open so far this season. Jeff Wolf has agreed to construct the ice carving(s) at the chili cook off event. BIggby Coffee will open next week, and the development of Wendy’s was approved by the Planning Commission earlier this month. A new signed lease for a Coffee Shop, a non-profit geared at training challenged individuals, will be opening soon; the location is unknown at this time. CHAIRMAN AND AUTHORITY MEMBERS Reindel requested the DPW continue to replace the lights in the fire department. Reindel brought up the possibility of including E-Sports on the City State Champ signage. ADJOURNMENT Motion by Ball, supported by Reindel, to adjourn the Tax Increment Finance Authority meeting at 7:44pm. All yeas Motion passes Respectfully Submitted: Heather McCallister City Clerk TIFA Mtg: 1/24/2024 Page 3 of 3