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HomeMy WebLinkAboutDCM 031022 CITY OF CENTRAL POINT oreyow Community Development Commission Regular Meeting Minutes Thursday, March 10, 2022 MEETING CALLED TO ORDER II. ROLL CALL Attendee Name Title Status Arrived Hank Williams Mayor Present Taneea Browning Ward IV Present Neil Olsen Ward I Present Kelley Johnson Ward II Present Melody Thueson Ward Ill Present Michael Parsons At Large Present Rob Hernandez At Large Present Also present were City Manager Chris Clayton; City Recorder Deanna Casey; and Finance Director Steven Weber. III. APPROVAL OF MINUTES A. Community Development Commission - Regular Meeting - Jan 27, 2022 6:30 PM Rob Hernandez moved to approve minutes as presented. RESULT: ACCEPTED [UNANIMOUS] AYES: Williams, Browning, Olsen, Johnson, Thueson, Parsons, Hernandez IV. DISCUSSION ITEMS A. 2022-2023 Development Commisison Budget Development(Presented by Clayton) The Development Commission and Urban Renewal is on an annual budget cycle. Staff have developed a proposed draft for the 2022-2023 Development Commission budget. The formal budget adoption process generally concludes in last spring and we wanted to have an opportunity to discuss the proposal and receive council input. The Commission continues to be active with the city's facade improvement City of Central Point Development Commission March 10,2022 Page 2 program, replacement of Pfaff Park restrooms, and meeting the debt service obligations related to the Pine Street Improvement projects. The Commission — is well positioned with total annual resources in the amount of $2,165,865. This total includes 1.138 million in carryover and approximately 1 million in additional increment. The proposed budget does not include borrowing funds during fiscal year 2022-2023. Instead, we propose spending fund balance resources on designing the Community Center and the Bear Creek Greenway. We anticipate the 2023-2024 Development Commission budget proposal to include significant financing to meet Urban Renewal obligations to the capital construction of these projects. We will recommend investing in crucial Public Works infrastructure project at Pine & Hamrick intersection. We will continue the city's facade improvement program and commit $50,000 to planning requirements associated with climate-friendly areas. There was discussion about including the property planned for the Community Center into the Urban Renewal boundary. The County would be in favor of this move which would help with financing. Finance Director Steven Weber stated that the Urban Renewal Agency. The 2022/2023 budget mirrors the 2021/2022 with a 3.5% increase. We have seen a slowdown in commercial building within the UR District. RESULT: FOR DISCUSSION ONLY V. ADJOURNMENT Taneea Browning moved to adjourn at 6:52 p.m. The foregoing minutes of the March 10, 2022, Development Commission meeting were approved by the Development Commission at its meeting of Sci c 3Y.,2t Dated: ‘'1--1/1 G ,�-'--- Chair Hank Williams ATTE'. 40, Li ..„,, „ .... wit- City Recorder