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    Rachel Frasier · August 12, 2015 · Community Development Minutes · 0 comments

    COMMUNITY DEVELOPMENT AGENCY
    REGULAR BOARD MEETING
    Mayor’s Conference Room | January 13, 2015logo-adobe-pdf


    MINUTES

    A regular meeting of the Community Development Agency Board of Directors was held Tuesday, January 13, 2015 at 3:30 PM in the Mayor’s conference room at City Hall. Those in attendance: Mayor Dayton King, Steven Kirk, Karen Smith, Ron Briggs, Janette Ryder, Nick Zabawsky , Rachel Frasier and Ellen Anadio.

    1.  A motion was made by Ron Briggs and seconded by Steven Kirk to accept the minutes from the previous meeting. All in favor.

    2. The rehab status report was presented. There were 3 homes completed during December. There is 1 home under construction and 2 homes have specs prepared. 3 jobs will be going out to bid in January.

    3. The CDA program income report was presented for the month of December 2014. The account balance was $172,462.51 at the end of December 2014. CDA has received a $150,000 loan from the City, which needs to be paid back in September 2015. CDA has received a payment from Mag World in the amount of $241.40 and the loan is current.

    4. The Grant Status report for the month of December 2014 was presented to the Board. The Agency has started receiving applications for the CDBG 2013 housing rehab program. The CDBG 2012 housing rehab grant shows a balance of $143,027.60 but is all unencumbered and a final drawdown has been submitted to the State. The 2012 HOME grant has a balance of $235,373.02.

    5. There was no update on the UDAG loan fund.

    6.  A discussion was held about the Estee School project. There has been no announcement on the other financing of the project but announcements should be coming out in March or April of 2015.

    7. An executive session was held at 3:56 to discuss Rachel’s salary and ended at 4:10.

    8. A discussion was held regarding an invoice that was received by a contractor at 31 Cedar Street, for supplies that were left at the job site. Steven Kirk suggested that the contractor submit a more itemized bill.

    Motion was made to adjourn the meeting at 4:32 by Ron Briggs and seconded by Karen Smith.
    All in favor.

    Respectfully Submitted,
    Rachel Frasier
    Administrative Assistant


    COMMUNITY DEVELOPMENT AGENCY
    REGULAR BOARD MEETING
    Mayor’s Conference Room
    February 10, 2015
    MINUTES

    A regular meeting of the Community Development Agency Board of Directors was held
    Tuesday, February 10, 2015 at 3:30 PM in the Mayor’s conference room at City Hall. Those in
    attendance: Mayor Dayton King, Karen Smith, Ron Briggs, Janette Ryder, Nick Zabawsky ,
    Rachel Frasier and Ellen Anadio. Excused Absence: Steven Kirk

    1.  A motion was made by Karen Smith and seconded by Janette Ryder to accept the minutes from the previous meeting. All in favor.

    2.  The rehab status report was presented. There were 3 homes completed during December. There is 1 home under construction and 2 homes have specs prepared. 3 jobs will be going out to BID shortly.

    3. The CDA program income report was presented for the month of December 2014. The account balance was $172,462.51 at the end of December 2014. We received a $150,000 loan from the City, which needs to be paid back in September 2015. We have received a payment from Mag World in the amount of $241.40 and the loan is current.

    4. The Grant Status report for the month of December 2014 was presented to the Board. We have started receiving applications for the CDBG 2013. The CDBG 2012 shows a balanced of $143,027.60 but is all unencumbered and a final drawdown has been submitted to the State. The 2012 HOME grant has a balance of $235,373.02.

    5. There was no update on the UDAG loan fund. Mayor Dayton King stated that there will be an executive session held at tonight’s Council Meeting to discuss the UDAG.

    6. A discussion was held about the Estee School project. An announcement should be made in the next couple months. Liberty Affordable Housing did secure a $400,000 grant to partially fund the demolition of the Estee School.

    7. Discussion was held regarding payment for work on a home rehabilitated under the HOME program. Nick presented an analysis of the amount owned to the contractor. Any payment made to the contractor would come out of the Revolving Loan Fund. Ron Briggs made a motion to have Nick offer the contractor $3,000.00 for work and supplies and seconded by Karen Smith. All in favor.

    8. Motion was made to adjourn the meeting at 3:55 by Karen Smith and seconded by Mayor Dayton King. All in favor.

    Respectfully Submitted,
    Rachel Frasier
    Administrative Assistant


    COMMUNITY DEVELOPMENT AGENCY
    REGULAR BOARD MEETING
    Mayor’s Conference Room
    March 17, 2015
    MINUTES
    A regular meeting of the Community Development Agency Board of Directors was held
    Tuesday, March 17, 2015 at 3:35 PM in the Mayor’s conference room at City Hall. Those in
    attendance: Mayor Dayton King, Steven Kirk, Karen Smith, Ron Briggs, Janette Ryder, Nick
    Zabawsky, and Rachel Frasier .

    1. A motion was made by Ron Briggs and seconded by Karen Smith to accept the minutes from
      the previous meeting. All in favor.
    2. The rehab status report was presented. There were no jobs completed in the month of
      February. There is 3 homes under construction and 1 job specifications are prepared. The CDBG
      2013 grant is coming along very slow. Nick distributed flyers to the homeowners in the target
      area, but very few are coming back. We have had quite a few applicants that are over income.
      We might need to expand the target area.
    3. Ellen Anadio entered the meeting at 3:44p.m.
    4. The CDA program income report was presented for the month of February 2015. The account
      balance was $205,887.11 at the end of February 2015. We received a $150,000 loan from the
      City, which needs to be paid back in September 2015. We have received a payment from Mag
      World in the amount of $241.40 and the loan is current.
    5. The Grant Status report for the month of February 2015 was presented to the Board. We have
      submitted our first CDBG 2103 drawdown to the State, which was just received. Another draw
      down will be submitted within the next couple days. The CDBG 2012 grant has been closed out.
      The 2012 HOME grant has a balance of $206,951.81.
    6. There was no update on the UDAG loan fund.
    7.  A discussion was held about the Estee School project. An announcement should be made any
      day now. Liberty Affordable Housing did secure a $400,000 grant to help demolish the Estee
      School.
    8. The Community Development Agency needs to hire a Consultant for the CDBG Estee Project.
      Ads were published at the Leader Herald and Daily Gazette. Several WBE and MBE consultants
      were invited to bid. The only consultant that submitted a response to the RFP was Orion
      Management Company. A motion was made by Mayor Dayton King and seconded by Steven
      Kirk to hire Orion Management for the CDBG Estee Project. All in favor.
    9. Nick stated that the Board has to make their annual appointment of Board Members. A motion
      was made by Mayor Dayton King and seconded by Steven Kirk to make the following Board
      appointments:
      Chairman – Steven Kirk
      Vice Chairman – Ron Briggs
      Secretary – Karen Smith
      Treasurer – Janette Ryder
      All in favor.
    10. Nick Zabawsky advised that a dispute on one of the housing rehab projects had been settled
      and that the contractor accepted the offer of $3,000 for his share of work and supplies. The
      contractor will sign a Lien Release prior to final payment. The $3,000 will come out of the
      Revolving Loan account.
    11. Mayor Dayton King mentioned he received a message from one homeowner about their new
      roof leaking. Nick advised that he has been in contact with the homeowner. There is ice buildup
      on the roof, the contractor went over and installed a heat cable in an attempt to resolve the issue.
      The contractor will go back in the Spring to take corrective action.

    Motion was made to adjourn the meeting at 4:05 by Steven Kirk and seconded by Mayor
    Dayton King.
    All in favor.
    Respectfully Submitted,
    Rachel Frasier
    Administrative Assistant


    COMMUNITY DEVELOPMENT AGENCY
    REGULAR BOARD MEETING
    Mayor’s Conference Room
    April 14, 2015
    MINUTES
    A regular meeting of the Community Development Agency Board of Directors was
    held Tuesday, April 14, 2015 at 3:30 PM in the Mayor’s conference room at City
    Hall. Those in attendance: Mayor Dayton King, Steven Kirk, Karen Smith, Janette
    Ryder, Nick Zabawsky, Rachel Frasier, Ellen Anadio and Robin Wentworth.
    Excused Absence: Ron Briggs.

    1. A motion was made by Karen Smith and seconded by Steven Kirk to accept the
      revised minutes from the previous meeting. All in favor.
    2. The rehab status report was presented. There were no jobs completed in the
      month of March. There is 3 homes under construction and should be completed
      by next meeting. There are 3 jobs that will be going out to BID within the next
      couple weeks. The response to the CDBG 2013 grant has been very slow.
    3. The CDA program income report was presented for the month of March 2015.
      The account balance was $192,812.68.11 at the end of March 2015. The
      Agency received a $150,000 loan from the City, which needs to be paid back in
      September 2015. The Agency has received a payment from Mag World in the
      amount of $241.40 and the loan is current. A discussion was held regarding the
      Crossroads Incubator Corporation balance of $43,829.88. It has been discussed
      that CIC is dissolving.
    4. The Grant Status report for the month of March 2015 was presented to the
      Board. The CDBG 2013 grant has a balance of $370,840.55. The CDBG 2012
      grant has been closed out. The 2012 HOME grant has a balance of $206,951.81.
    5. There was no update on the UDAG loan fund.
    6. There has been no announcement from the state regarding the Estee School
      project. An announcement should be made sometime in the next couple of
      months. Liberty Affordable Housing did secure a $400,000 assist with the
      demolition of the Estee School.
    7. A discussion was held regarding the CDBG 2013 grant applications. We are
      receiving responses to the flyers that were distributed but a lot of the
      homeowners are over income. Landlords that apply for the grant for their rental
      properties are based off the tenant’s income not the homeowners and there are
      also rental limit guidelines. Nick proposed that we move adjacent to the current
      target area. He said a letter from the Mayor would need to be mailed into the
      State to change target area. The board agreed that the target area needs to be
      expanded.

    Motion was made to adjourn the meeting at 4:00 by Karen Smith and
    seconded by Mayor Dayton King. All in favor.
    The next CDA Meeting will be held on May 12, 2015 at 3:30.
    Rachel Frasier
    Recording Secretary
    Karen Smith
    Board Secretary


    COMMUNITY DEVELOPMENT AGENCY
    REGULAR BOARD MEETING
    Mayor’s Conference Room
    May 12, 2015
    MINUTES
    A regular meeting of the Community Development Agency Board of Directors was held on
    Tuesday, May 12, 2015 at 3:35 PM in the Mayor’s conference room at City Hall. Those in
    attendance: Mayor Dayton King, Steven Kirk, Karen Smith, Janette Ryder, Ron Briggs, Nick
    Zabawsky, Rachel Frasier, Ellen Anadio.

    1. A motion was made by Karen Smith and seconded by Mayor Dayton King to accept the
      minutes from the previous meeting. All in favor.
    2.  The rehab status report was presented. There was 1 job completed in the month of April and
      within the last week 2 more jobs were completed. There are 4 jobs out to bid, with a bid opening
      scheduled for May 26.
    3. The CDA program income report was presented for the month of April 2015. The account
      balance was $168,036.84 at the end of April 2015. We received funding from the City in the
      amount of $19,100 that will cover audit fees and operating expenses. We have received a
      payment from Mag World in the amount of $241.40 and the loan is current. A discussion was
      held regarding the Crossroads Incubator Corporation balance of $43,829.88 and is in litigation.
    4. The Grant Status report for the month of April 2015 was presented to the Board. The CDBG
      2013 grant has a balance of $370,840.55. The CDBG 2012 grant has been closed out. The 2012
      HOME grant has a balance of $206,951.81. Nick has distributed flyers to the expanded target
      area for the CDBG 2013 grant. We have received numerous applications back for the CDBG
      2013 grant. Ron Briggs mentioned about asking permission from some homeowners to talk
      about the grant and have the Leader Herald run a story.
    5. There was no update on the UDAG loan fund, still tied up in litigation.
    6. There has been no announcement from the state regarding the Estee School project. An
      announcement should be made sometime in the next couple of months. LibertyAffordable
      Housing did secure a $400,000 grant to help demolish the Estee School.
    7. Nick is working with Pate Negra to try to secure a grant to expand their facility.

    Motion was made to adjourn the meeting at 3:53 by Karen Smith and seconded by Mayor
    Dayton King. All in favor.
    Submitted by:
    Rachel Frasier – Recording Secretary
    Karen Smith, Secretary


    COMMUNITY DEVELOPMENT AGENCY
    REGULAR BOARD MEETING
    Mayor’s Conference Room
    June 16, 2015
    MINUTES
    A regular meeting of the Community Development Agency Board of Directors was held on
    Tuesday, June 16, 2015 at 3:35 PM in the Mayor’s conference room at City Hall. Those in
    attendance: Mayor Dayton King, Steven Kirk, Janette Ryder, Ron Briggs, Nick Zabawsky,
    Rachel Frasier. Excused Absence: Karen Smith

    1.  A motion was made by Steven Kirk and seconded by Janette Ryder to accept the minutes
      from the previous meeting. All in favor.
    2. The rehab status report was presented. There was 1 job completed in the month of May and 4
      jobs are under construction. One job has to go out to bid again because there were errors in the bid
      for the one contractor and the other contractor’s bid was too high. We have expanded the target
      area for the CDBG grant and have had a great response. We have almost enough applications to
      complete the grant. The only issue might be is getting the contractors to complete the work in
      time.
    3.  The CDA program income report was presented for the month of May 2015. The account
      balance was $157,240.01 at the end of May 2015. We have received a payment from Mag World
      in the amount of $241.40 and the loan is current. There was no update regarding Crossroads
      Incubator Corporation balance of $43,829.88, which is in litigation.
    4. The Grant Status report for the month of May 2015 was presented to the Board. The CDBG
      2013 grant has a balance of $344,886.97 The CDBG 2012 grant has been closed out and will be
      removed off the report next month. The 2012 HOME grant has a balance of $206,951.81.
    5. There was no update on the UDAG loan fund, still tied up in litigation.
    6. A discussion was held about the Estee School Project. Liberty Affordable Housing was not
      funded. Kingsborough Hotel received the award. Mayor King has spoken to Davis Yohe about
      the possibility of going for funding next year.
    7. Nick is working with a local economic development project in trying to secure a grant to
      expand their facility and will be meeting with them next week.

    Motion was made to adjourn the meeting at 3:50 by Steven Kirk and seconded by Mayor Dayton
    King. All in favor.
    Karen Smith, Board Secretary
    Rachel Frasier – Recording Secretary


    COMMUNITY DEVELOPMENTAGENCY
    REGULAR BOARD MEETING
    Mayor’s Conference Room
    July 14, 2015
    MINUTES
    A regular meeting of the Community Development Agency Board of Directors was held on
    Tuesday, July 14, 2015 at 3:30 PM in the Mayor’s conference room at City Hall. Those in
    attendance: Mayor Dayton King, Steven Kirk, Janette Ryder, Ron Briggs, Karen Smith, Ellen
    Anadio, Nick Zabawsky, and Rachel Frasier.

    1.  A motion was made by Ron Briggs and seconded by Steven Kirk to accept the minutes from
      the previous meeting. All in favor.
      Mayor Dayton King entered the room at 3:35p.m.
    2. The rehab status report was presented. There was 1 job completed in the month of June and 3
      jobs are under construction. There are 3 jobs out to bid and the bid opening will be July 21 and 1
      job with specs prepared. Nick brought up a concern about not getting enough bidders for CDA
      projects..
    3. The CDA program income report was presented for the month of June 2015. The account
      balance was $179,673.45 at the end of June 2015. We have received a payment from MagWorld
      in the amount of $241.40 and the loan is current. There was no update regarding Crossroads
      Incubator Corporation balance of $43,829.88, which is in litigation.
    4. The Grant Status report for the month of June 2015 was presented to the Board. The CDBG
      2013 grant has a balance of $355,518.41. The 2012 HOME grant has a balance of $180,998.23
    5. There was no update on the UDAG loan fund, still tied up in litigation.
    6.  A discussion was held about the Estee School Project. Mayor Dayton King discussed about
      Davis Yohe wanting to setup a meeting with himself, Senator Farley to discuss about Liberty
      Affordable Housing reapplying for the grant next year. Mayor Dayton King stated within the
      next couple weeks a meeting will be setup. Currently there is a $400,000 grant that was awarded
      to the City for the Estee project and Senator Farley secured a $250,000 grant that is tied to CRG.
      There is about $350,00 more needed for the demolition of the Estee School.
    7. A discussion was held about retaining a second Lead Risk Assessor, to speed up processing of
      lead risk assessments and clearances. Courtney Dodson had previously applied to provide lead
      services, but at the time, had not received her EPA certification, even though she had completed
      the required courses. She now has met all requirements. A motion was made by Steven Kirk to
      offer Courtney Dodson $350 per job for a trial period, wit lead lab fees included in the cost, then
      reevaluate her performance at the end of the year. Second by Dayton King. All in favor.

    Motion was made to adjourn the meeting at 3:45 by Steven Kirk and seconded by Mayor Dayton
    King. All in favor.
    Karen Smith, Board Secretary
    Rachel Frasier – Recording Secretary


    COMMUNITY DEVELOPMENTAGENCY
    REGULAR BOARD MEETING
    Mayor’s Conference Room
    August 11, 2015
    MINUTES
    A regular meeting of the Community Development Agency Board of Directors was held on
    Tuesday, August 11, 2015 at 3:30 PM in the Mayor’s conference room at City Hall. Those in
    attendance: Mayor Dayton King, Janette Ryder, Ron Briggs, Karen Smith, Ellen Anadio, Nick
    Zabawsky, and Rachel Frasier. Excused Absence: Steven Kirk

    1. A motion was made by Karen Smith and seconded by Dayton King to accept the minutes from
      the previous meeting. All in favor.
    2. The rehab status report was presented. There was no jobs completed in the month of July and 5
      jobs are under construction. There are 2 jobs awaiting contract signing and 5 jobs with specs
      prepared. Nick brought up a concern about not getting enough bidders for CDA projects.
    3. The CDA program income report was presented for the month of July 2015. The account
      balance was $167,111.42 at the end of July 2015. We have received a payment from MagWorld
      in the amount of $241.40 and the loan is current. There was no update regarding Crossroads
      Incubator Corporation balance of $43,829.88, which is in litigation.
    4. The Grant Status report for the month of July 2015 was presented to the Board. The CDBG
      2013 grant has a balance of $355,518.41 with most encumbered. The 2012 HOME grant has a
      balance of $164,236.10.
    5.  There was no update on the UDAG loan fund, still tied up in litigation.
    6. A meeting was held last week with Davis Yohe (Liberty Affordable Housing), Mayor King,
      Nick Zabawsky, Peter Edman, and Shawn Fitzgerald regarding on whether or not Liberty
      Affordable Housing should apply again for a grant for the Estee school project. A final decision
      has not yet been made.
    7.  Ellen Anadio brought up to the CDA board that the loan from the City was due in September.
      The Board agreed that to ask the City to extend the loan for another year.
    8. Nick discussed about the new grant that Pata Negra was going to be applying for. They plan to
      undertake a major expansion.
    9. Mayor King discussed about SW Skincare looking to obtain a building on Fremont Street to
      expand their facility in Johnstown. They are looking to add about 5 part time jobs.
    10. Nick disclosed that he is working with Robinson and Smith regarding a new facility for their
      industrial laundry operations.
    11. Motion was made to adjourn the meeting at 3:55 by Karen Smith and seconded by Mayor
      Dayton King. All in favor.

    Karen Smith, Board Secretary
    Rachel Frasier – Recording Secretary


     

     

    COMMUNITY DEVELOPMENTAGENCY
    REGULAR BOARD MEETING
    Mayor’s Conference Room
    October 13, 2015
    MINUTES
    A regular meeting of the Community Development Agency Board of Directors was held on
    Tuesday, October 13, 2015 at 3:30 PM in the Mayor’s conference room at City Hall. Those in
    attendance: Mayor Dayton King, Steven Kirk, Karen Smith, Nick Zabawsky, and Rachel Frasier.
    Excused Absence: Janette Ryder, Ron Briggs

    1. A motion was made by Dayton King and seconded by Karen Smith to accept the minutes from the
      previous meeting. All in favor.
    2. The rehab status report was presented for the month of August and September. There was 2 jobs
      completed in the month of August and 2 jobs were completed in the month of September. 3 jobs were
      under construction in August and 5 jobs were under construction in September. There are 6 jobs
      awaiting contract signing. Nick brought up a concern about not getting enough bidders for CDA
      projects.
    3.  The CDA program income report was presented for the month of August and September 2015. The
      account balance was $166,866.58 at the end of August 2015 and there was a balance of $132,031.29
      at the end of September.We have received a payment from MagWorld in the amount of $241.40 and
      the loan is current. There was no update regarding Crossroads Incubator Corporation balance of
      $43,829.88.
    4.  The Grant Status report for the month of August and September 2015 was presented to the Board.
      The CDBG 2013 grant had a balance of $355,518.41 at the end of August and a balance of
      $309,341.41 at the end of September with most encumbered. The 2012 HOME grant has a balance of
      $164,236.10 and about $30,400 unencumbered. The CBBG 2014 grant will be used for the
      demolition of the Estee School.
    5. There was no update on the UDAG loan fund, still tied up in litigation.
    6. LibertyAffordable Housing has resubmitted their application for the Estee senior housing project.
      The State should be making their decision by December. Nick has been in contact with the State to
      try to reprogram CDBG funds for straight demolition if Liberty is unsuccessful.
    7.  It was announced that the City has agreed to extend its $150,000 commitment to CDA for another
      year.
    8. Nick discussed the need for a Conflict of Interest Policy to be in PAAA Compliance. The State
      supplied and example and Nick went through the policy and made it applicable to the City. A motion
      was made by Steven Kirk to adopt the proposed Conflict of Interest Policy and Karen Smith
      seconded it. All in favor.
    9. Motion was made to adjourn the meeting at 3:55 by Steven Kirk and seconded by Mayor Dayton
      King. All in favor.

    Karen Smith, Board Secretary
    Rachel Frasier – Recording Secretary


    COMMUNITY DEVELOPMENTAGENCY
    REGULAR BOARD MEETING
    Mayor’s Conference Room
    November 17, 2015
    MINUTES

    A regular meeting of the Community Development Agency Board of Directors was held on
    Tuesday, November 17, 2015 at 3:30 PM in the Mayor’s conference room at City Hall. Those in
    attendance: Janette Ryder, Ron Briggs, Karen Smith, Nick Zabawsky, and Rachel Frasier.
    Excused Absence: Mayor Dayton King, Steven Kirk

    1. There were not enough members for a quorum to approve last month’s minutes because Ron
      Briggs was not in attendance at the October meeting. Next month the board will approve the
      minutes. Nick will look into the bylaws about non-voting ex officio members.
    2. The rehab status report was presented for the month of October. There are 8 jobs under
      construction and 3 jobs are ready to go out to bid. Between the jobs under construction and the
      jobs going out to bid, all grants should be encumbered.
    3. The CDA program income report was presented for the month of October. The account balance
      was $131,971.82 at the end of October. We have received a payment from MagWorld in the
      amount of $241.40 and the loan is current. There was no update regarding Crossroads Incubator
      Corporation balance of $43,829.88.
    4.  The Grant Status report for the month of October was presented to the Board. The CDBG 2013
      grant had a balance of $290,511.69, which is all encumbered. The 2012 HOME grant has a
      balance of $164,236.10, with about $20,000 unencumbered. The CBBG 2014 grant will be used
      for the demolition of the Estee School.
    5. There was no update on the UDAG loan fund, still tied up in litigation.
    6. Liberty Affordable Housing has resubmitted their application for the Estee senior housing
      project. The State should be making their decision by December. Nick has been in contact with
      the State to try to reprogram DBG funds for straight demolition if Liberty is unsuccessful and
      they said they will make that decision once the awards come out.
    7. The new HOME application has been submitted into the state and we should hear something
      around Christmas time.
    8. Motion was made to adjourn the meeting at 4:00 by Karen Smith and seconded by Janette
      Ryder. All in favor.

    Karen Smith, Board Secretary
    Rachel Frasier – Recording Secretary


    COMMUNITY DEVELOPMENTAGENCY
    REGULAR BOARD MEETING
    Mayor’s Conference Room
    December 8, 2015
    MINUTES
    A regular meeting of the Community Development Agency Board of Directors was held on
    Tuesday, December 8, 2015 at 3:30 PM in the Mayor’s conference room at City Hall. Those in
    attendance: Steven Kirk, Mayor Dayton King, Janette Ryder, Ron Briggs, Karen Smith, Nick
    Zabawsky, and Rachel Frasier.

    1.  Due to lack of a quorum at the last meeting, a motion was made by Karen Smith to approve the
      October minutes and seconded by Steven Kirk. All in Favor. A motion was made by Ron Briggs
      to approve the November minutes and seconded by Karen Smith. All in favor.
    2. The rehab status report was presented for the month of November. One job was completed in
      November. Nick stated that he inspected one additional project today and that is completed as
      well. There are 6 jobs under construction and 3 jobs are out to bid. Between the jobs under
      construction and the jobs going out to bid, all grants should be encumbered.
    3. The CDA program income report was presented for the month of November. The account
      balance was $146,672.63 at the end of November. Magworld’s payment was not received by the
      time these reports were corrected, but since then their payment has been received. There was no
      update regarding Crossroads Incubator Corporation balance of $43,829.88.
    4. The Grant Status report for the month of November was presented to the Board. The CDBG
      2013 grant had a balance of $290,511.69, which is all encumbered and needs to be spent by May
      2016. The 2012 HOME grant has a balance of $124,863.44 with about $20,000 unencumbered.
      The CDBG 2014 grant will be used for the demolition of the Estee School.
    5. There was no update on the UDAG loan fund, still tied up in litigation.
    6. Mayor King gave an update on the Estee School. Mr. Skrill from the State Regional Office
      spoke with Mayor King and stated as it stands now Liberty Affordable Housing will not be
      receiving the early funding, but advised Liberty to resubmit for the spring round. Mayor King
      said Liberty will reapply for the grant.
    7.  The annual budget was presented and reviewed by the Board. A motion was made by Ron
      Briggs to approve the budget in forum and seconded by Karen Smith. All in favor
    8. Nick reported that he is currently working with a couple local businesses to financial
      incentives. He is working with Pata Negra, S &W Skincare, and Century Linen.
    9.  Motion was made to adjourn the meeting at 4:05 by Steven Kirk and seconded by Mayor

    Dayton King. All in favor.
    Karen Smith, Board Secretary
    Rachel Frasier – Recording SecretaryES


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