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Community Development Commission
Regular Meeting Minutes
Thursday, June 23, 2022
I. MEETING CALLED TO ORDER
II. ROLL CALL
Attendee Name Title Status Arrived
Hank Williams Mayor Present
Taneea Browning Ward IV Remote 6:25 AM
Neil Olsen Ward I Present
Kelley Johnson Ward II Present
Melody Thueson Ward III 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 - Mar 10, 2022 6:30
PM
RESULT: ACCEPTED [UNANIMOUS]
MOVER: Michael Parsons, At Large
SECONDER: Rob Hernandez, At Large
AYES: Williams, Browning, Olsen, Johnson, Thueson, Parsons,
Hernandez
IV. DISCUSSION ITEMS
A. Resolution No. 2022-02 Adopting the Budget, Making Appropriations, and
Declaring Tax Increment(Presented by Weber)
Finance Director Steven Weber stated that on May 16, 2022 the Central Point
Development Commission Budget Committee met to review the proposed budget
1149 for the 2022-23 fiscal year. The $2,165,865 budget was approved to move
forward to the Board of Directors for formal adoption. Staff recommends
approval of the proposed resolution.
Kelley Johnson moved to approve Resolution No. 2022, A Resolution
City of Central Point
Development Commission
June 23,2022
ri Page 2
adopting the Budget, Making Appropriations and Declaring Tax Increment
for Fiscal Year 2022-23.
RESULT: APPROVED [UNANIMOUS]
MOVER: Kelley Johnson, Ward II
SECONDER: Melody Thueson, Ward III
AYES: Williams, Browning, Olsen, Johnson, Thueson, Parsons,
Hernandez
B. Financial Projections Review(Presented by Clayton)
City Manager Chris Clayton explained the process for adopting a new Urban
Renewal Plan Amendment. He presented the proposed boundary changes,
which include the Greenway within the City limits and the Jackson County Expo
property where the Community Center is being proposed. One of the big
components is the financial analysis that goes along with the expansion.
Development Assumptions - He explained the assumed rate of growth for this
area. We kept a conservative estimate for future growth over the next 5 years.
He explained the Tax Increment Finance (TIF) Revenue projections with the
taxing districts under the UR plan and the windfall they receive at the end of the
plan in 2040 when it expires. The project list will be amended to include the
Community Center, development of the Greenway, and the Beebe Bridge. We
will be able to do smaller projects like sidewalk improvements or beautification
projects throughout the 10-year plan. As we get close to the end of the district in
2036, we will stop doing projects and settle all the bills by 2040 if not sooner.
Our goal is to end the district sooner than 2040, but the people in charge at that
time may have other opinions and extent the district. They discussed funding
options the possibility of a recession and what that could do to the projects.
RESULT: FOR DISCUSSION ONLY
V. ADJOURNMENT
Rob Hernandez moved to adjourn the meeting at 6:28 p.m.
The foregoing minutes of the June 23, 2022, Develop ent Commiss'on meeting were approved
by the Development Commission at its meeting of /4unvg'i- 1 .
V �
Dated: / / cf/of-'1-1
ch itaz. Chair Hank Williams
ATTEST:
City Recorder