Corridor Improvement Authority

CITY OF STERLING HEIGHTS CORRIDOR IMPROVEMENT AUTHORITY MINUTES OF THE SPECIAL MEETING SEPTEMBER 27, 2006 – 5:30 P.M. CITY CENTER – ROOM 201 Luke Bonner called the meeting to order at 5:32 p.m. Members present at roll call: Daniel Crombez, Denice Gerstenberg, Mary Marcinak, Rose Tocco Members absent: Salvatore D’Angelo (excused), Pat Lehman (excused), Douglas Skrzyniarz (arrived 5:35 p.m.) Also in attendance: Luke Bonner, Economic Development Manager; Jamie Freeman, Recording Secretary Approval of Agenda Moved by Marcinak, supported by Gerstenberg, to approve the agenda as presented. Ayes: All Nays: None Motion carried. Motion to Approve of the September 13th, 2006 Minutes Moved by Gerstenberg, supported by Marcinak, to approve the September 13th, 2006 minutes. Ayes: All Nays: None Motion carried. Motion to Approve of the Corridor Improvement Authority By-laws Moved by Marcinak, supported by Gerstenberg, to receive the Corridor Improvement Authority By-laws and postpone approval. Ayes: All Nays: None Motion carried. Introduction of Nomination Process and Election of Chairman/Vice Chairman/Secretary/ Treasurer Moved by Marcinak, supported by Gerstenberg, to postpone appointments. Agenda items 3-8 will take place at the October 4, 2006 meeting. Ayes: All Nays: None Motion carried. Motion to Receive the Draft Development Plan and Tax Increment Financing Plan Moved by Gerstenberg, supported by Marcinak, to receive the draft Development Plan and Tax Increment Financing Plan. Ayes: All Nays: None Motion carried. Discussion on the Development Plan and Tax Increment Financing Plan Mike MacDonald of Hubbell, Roth, and Clark (HRC) introduced the Development Plan. Mr. Bonner presented additional options for improvements to be included in the Development Plan. The board expressed interest in including broad descriptions of these improvements in the plan should an opportunity present itself in the future. The board discussed traffic studies and the roundabout. Ms. Gerstenberg advised the board that HRC will do a traffic study, and MDOT is conducting a study of the roundabout. The board discussed the City of Utica and possibilities for working with the Utica DDA. Discussion continued on planning and engineering concerns. Mr. Bonner introduced a PowerPoint presentation of the Tax Increment Financing Plan. The board discussed the plan, taxes, bonds, and millages. Mr. Skrzyniarz questioned the plan’s timeline. Mr. Bonner explained the first phase should begin next fiscal year. Ms. Gerstenberg described the city’s budget schedule. Public Comments None. Adjournment Moved by Tocco, supported by Marcinak to adjourn. Ayes: All Nays: None Motion carried. The meeting adjourned at 7:00 p.m.