Community Development Authority (CDA)

AGENDA CITY OF WAUPUN COMMUNITY DEVELOPMENT AUTHORITY MEETING Waupun City Hall – 201 E. Main Street, Waupun WI Tuesday, August 15, 2023 at 7:45 AM The Waupun Community Development Authority will meet In-person, virtual, and teleconference. Instructions to join the meeting are provided below: Virtual Link: https://us02web.zoom.us/j/83626747403?pwd=eTM3V2RtMjJyRDRxYTQ5TXpZdnFJZz09 Meeting ID: 836 2674 7403 Passcode: 857325 Phone: 312 626 6799 US (Chicago) CALL TO ORDER ROLL CALL CONSIDERATION - ACTION 1. Approve Minutes from July 18, 2023 CDA Meeting 2. Approve July 2023 CDA Financials 3. Review Application for 42 Fond du Lac St Maedox Tax & Accounting 4. Review Application for 14 W Main St Edward Jones 5. Review Application for 16 W Main St State Farm 6. Review Application for 20 W Main St B&B Plumbing ADJOURNMENT Upon reasonable notice, efforts will be made to accommodate disabled individuals through appropriate aids and services. For additional information, contact the City Clerk at 920-324-7915.  MINUTES CITY OF WAUPUN COMMUNITY DEVELOPMENT AUTHORITY MEETING Waupun City Hall – 201 E. Main Street, Waupun WI Tuesday, July 18, 2023 at 7:45 AM Meeting called to order at 7:49 a.m. by Mayor Bishop, Chairperson. Roll call taken. Present: Mayor Bishop, Gary DeJager, Sue Vandeberg, Derek Drews, and Bobbi Joe Kunz are present. Also presented, Administrator Schlieve and Assistant Administrator Langenfeld. Jason Whitford is present online. Absent and excused is Cassandra VerHage. Motion Vanderkin, second Drews to nominate Sue Vandeberg as Vice-Chair. Carried unanimously. Motion Vandeberg, second Vanderkin to approve minutes from June 20, 2023 CDA meeting. Carried unanimously. Motion Vandeberg, second Drews to approve June 2023 financials for CDA. Carried unanimously. Administrator Schlieve provided an update on outstanding project, noting that progress is occurring on each. No action required to extend projects at this time. Administrator Schlieve provides an overview of a targeted reinvestment application for Wee Care located at 1 W Brown St. An initial application was received in December of 2022. Schlieve explains the critical infrastructure needs of childcare to support workforce, noting that the City recently extended support through a Childcare Stabilization Grant. The childcare industry is struggling and there is a need to remove more capital cost from the project to bring it to reality. Schlieve requests consideration of a $30,000 grant application to increase city support. Motion Drews, second Vandeberg to approve a $30,000 reimbursement grant for Wee Care. Carried unanimously. Schlieve leads a brief discussion on future planning, noting that the final expenditure year for TID 3 is in 2027. There will be roughly $500,000 worth of investment that can be made notes that there is a need for the CDA to be strategic about their investment choices. Discussion centers around possible expansion of BID boundaries to increase that groups possible funding, methods to slow down traffic through the central business district, and the need for a pillar/video display sign to advertise events. Schlieve asks the group to give consideration to priorities for 2024 and beyond. A future planning discussion will be held to determine priorities. Motion Vanderkin, second Kunz to adjourn the meeting. Carries unanimously. Meeting adjourned at 8:32 a.m.  CDA Financial Statement For the Month Ending: 7/31/2023 BUDGET REVENUE $ 159,598 ANNUAL ACTIVITY AMOUNT 3/23 WEDC GRANT PAYMENT $ 134,200 3/23 GRANT REIMBURSEMENT STONE & SUEDE $ (105,797) EXPENSE Budget Amt YTD Actual Balance $ 28,403 WAGES $ 15,116 $ (10,019) $ 5,097 PROFESSIONAL SERVICES/AUDIT FEES $ 1,000 $ (2,774) $ (1,774) GRANTS APPROVED - NOT DISPURSED $ 40,000 DEBT PAYMENTS $ 32,967 $ (32,895) $ 72 WEAVING IT UP TO YOU!- cancelled $ - PAYOUT FOR 2023 PROJECTS $ 28,025 $ (29,446) $ (1,421) WIND & UNWIND (est. award $2,565) $ 5,000 IMPROVEMENT PROJECTS $ 40,000 $ - $ 40,000 BROKEN THREADS $ 5,000 TARGETED INVESTMENT/STREETSCAPING $ 53,971 $ (3,650) $ 50,321 K'S BOUTIQUE $ 551 TOTAL EXPENSE $ 171,079 $ (78,784) $ 92,295 JUDSON'S $ 5,000 AVAILABLE IMPROVEMENT PROJECT FUNDS $ 24,449 AVAILABLE PROJECT FUNDS IMPROVEMENT PROJECTS $ 24,449 GRANTS - TARGETED INVESTMENTS $ 53,971 TARGETED INVESTMENTS/STREETCAPING $ 14,671 GYSBER'S JEWELRY $ 39,300 CARRYOVER FUNDS PRIOR YEAR(S) $ 49,374 AVAILABLE IMPROVEMENT PROJECT FUNDS $ 14,671 REIMBURSEMENT $ 28,403 $ 116,897 GRANTS - CARRYOVER FUNDS $ 79,374 WEE CARE DAYCARE $ 30,000 AVAILABLE IMPROVEMENT PROJECT FUNDS $ 49,374