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    emeryadmin · August 12, 2014 · Community Development Minutes · 0 comments

    COMMUNITY DEVELOPMENT AGENCY
    REGULAR BOARD MEETING
    Mayor’s Conference Room
    January 14, 2014
    MINUTESlogo-adobe-pdf
    A regular meeting of the Community Development Agency Board of Directors was held
    Tuesday, January 14, 2014 at 3:30 PM in the Mayor’s conference room at City Hall. Those in
    attendance: Steven Kirk, Ron Briggs, Mayor Dayton King, Jean Chain, Karen Smith, Nick
    Zabawsky and Rachel Frasier.

    1.  A motion was made by Ron Briggs and seconded by Mayor Dayton King to accept the
      minutes from the previous meeting. All in favor.
    2.  The rehab status report was presented. One housing project was completed in December. One
      housing project is under construction. Three jobs will be going out to bid this week. It was
      suggested by Ron Briggs that Nick Zabawsky provide a powerpoint presentation on the housing
      rehab program for the benefit of the new Board members at the next meeting. All were in
      agreement.
    3.  The CDA program income report was presented for the month of December 2013. The
      account balance was $34,750.60 at the end of December 2013. A discussion was held about Mag
      World and Nick has spoken to the bankruptcy court and we should be receiving payments shortly
      and a check for the back interest.
    4.  The Grant Status report for the month of December 2013 was presented to the Board. The
      CDBG 2011 grant has a balance of $46,020.20 with all funds encumbered and will be closed out
      once we receive the last drawdown in. The CDBG 2012 has a balance of $342,272.96 with a
      deadline of December . We are working on our first HOME drawdown.
    5.  There was no update on the UDAG loan fund.
    6.  There was no update on the Estee School. The developer is awaiting State funding decisions,
      which should take place in late Spring or Early summer of 2014.
    7.  A Community Development Block Grant application has been submitted for housing
      rehabilitation in the neighborhood bounded by Washington Street, South Judson Street,
      Thompson Avenue and Park Street and the City should be hearing about awards in March or
      April.
    8.  Motion made to adjourn the meeting at 4:00 PM by Jean Chain and seconded by
      Karen Smith. All in favor.

    Respectfully Submitted,
    Rachel Frasier
    Administrative Assistant

     

     

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