Tax Increment Finance Authority

APPROVED 10/23/2024 TAX INCREMENT FINANCE AUTHORITY MINUTES SEPTEMBER 25, 2024 THE MEETING OF THE TAX INCREMENT FINANCE AUTHORITY WAS CALLED TO ORDER AT 7:01 P.M., ON SEPTEMBER 25, 2024, BY CHAIRMAN GARANT Present: Garant, Gillies, Reindel, Weinert, Yelencich (arrived at 7:02) Absent: Ball Others: Director Moore, City Clerk McCallister Visitors: None Motion by Reindel, seconded by LaFore, to excuse Authority Members Ball and Yelencich from tonight’s meeting. All yeas Motion passes APPROVAL OF MINUTES Motion by Weinert, seconded by Reindel, to approve the minutes from August 28, 2024, as presented. All yeas Motion passes APPROVAL OF BILLS Motion by LaFore, seconded by Weinert, to approve the Payroll Expenses for August 2, 2024 through September 19, 2024 in the amount of $11,405.65. All yeas Motion passes Motion by Reindel, seconded by Weinert, to approve the Schedule of Bills for August 20, 2024 through September 16, 2024 in the amount of $29,588.68. All yeas Motion passes CORRESPONDENCE TIFA Mtg: 09/25/2024 Page 1 of 4  APPROVED 10/23/2024 Revenue and Expense Report through August, 2024 City Council Minutes for the August 19, 2024 Regular Meeting City Council Minutes for the September 3, 2024 Regular Meeting Received and filed the correspondence as presented. PUBLIC COMMENTS None ADOPTION OF AGENDA Motion by Reindel, seconded Weinert, to adopt the agenda as presented. All yeas Motion passes ITEMS FOR CONSIDERATION 1. Consideration of Adopting 2025 TIFA meeting dates Discussion of the proposed 2025 meeting dates prompted a correction to the presented schedule; (March 25 to March 26), and the request to meet on Tuesday, November 25th rather than Wednesday, November 26th due to the holiday. Motion by Reindel, seconded by LaFore, to adopt the 2025 TIFA meeting schedule as amended. All yeas Motion passes 2. Consideration of purchase agreement, Asbestos survey, Demo -69271 Forest Street MJ Environmental was contacted to provide an estimate for an asbestos survey to include in the demolition bid documents. TIFA has used MJ Environmental in the past as they provided the most reasonable proposal in years past. The site visit will cost $350 and each sample processed is $25. An estimated 15-25 samples are needed, totaling approximately $625. Administration recommended the demolition of the house, shed and sidewalks, but suggested leaving the existing driveway, driveway approach and curb cut as it could be used temporarily until further development of the parcel is conducted. TIFA Mtg: 09/25/2024 Page 2 of 4  APPROVED 10/23/2024 LaFore agreed with the recommendation. Reindel inquired about the picnic tables. Administration stated that the areas where the picnic tables are scheduled to be installed will remain greenspace under the current conceptual design of a future parking lot expansion. Administration indicated the City received grant funding for trees that will be planted in the Monroe Street tree lawn. Weinert asked if RAHGS could tour the home and inquired if the shed is salvageable. Administration noted that a walk-thru of the property by interested parties is a possibility. Reindel noted proceeds resulting from any items of interest should be paid to the TIFA. No further comments were received. Motion by LaFore, seconded by Weinert, to approve the asbestos survey proposal from MJ Environment in the amount of $350 for the inspection and $25 per sample for work at 69271 Forest Street. All yeas Motion passes 3. Year End Review of Façade Program Administration reviewed how the Façade Program funding was utilized during the year. There were fifteen (15) projects that were applied for during the year. All grants were awarded, completed and paid out. No questions, concerns, or comments were received. MISCELLANEOUS MATTER FROM THE DIRECTOR The Splash Pad at Beebe Park is currently being installed; next week the concrete work followed by electrical installation will be done. Aud Landscaping bids have been received and will be presented at the next City Council meeting scheduled for October 7, 2024. The AC system at City Hall is not working. Quotes are currently being acquired as the unit will need to be replaced. This item for consideration may be brought back at a later date. It is likely that all funds will need to contribute in the funding of this replacement. CHAIRMAN AND AUTHORITY MEMBERS TIFA Mtg: 09/25/2024 Page 3 of 4  APPROVED 10/23/2024 Weinert reminded members that this Saturday, September 28th will be the RAGHS annual Cemetery Walk. City Manager Moore indicated the City received $250K from MDOT to repave Oak and Priestap. City Clerk announced that absentee ballots were mailed out today, September 25th, for the upcoming November 5th Presidential election. No further comments were received. ADJOURNMENT Motion by Reindel, supported by Yelencich, to adjourn the Tax Increment Finance Authority meeting at 7:25 p.m. All yeas Motion passes Respectfully Submitted: Heather McCallister City Clerk TIFA Mtg: 09/25/2024 Page 4 of 4