Good morning. It is 8 a.m. on Tuesday, July 8th, 2025. I call the Economic Development Authority meeting of New Alm to order. Item one is the roll call. We do have a quorum present. Item 2.1 EDA
June 10th, 2025 minutes. Motion to approve. Second. We have a motion and a second. Any further discussion? All in favor say I. I. I. Motion carries. Item 3.1 is the administrative activities
um June of 2025. All right. Good morning, President Mark Graph and commissioners. I do have a few um items to point out. uh this morning. Um note under the section 8 report um as I've mentioned previously, Sunset Apartments has
decided not to renew their section 8 contract with HUD um similar to what we went through with Linderhoff Park Apartments earlier this year. Uh their contract will expire on September 30th. So we have submitted an application to receive um an additional 21 enhanced
vouchers for those tenants. Um, in talking with Sunset Apartments Management, uh, they only have six tenants currently utilizing their vouchers. Um, so it should be a pretty easy transition to get them, um, switched over to to working with us. And
then the other vouchers will just become uh, housing choice vouchers. Um so that uh program with these additional vouchers I believe will will have gone from 127 to 204. So quite a a increase
in our section 8 vouchers um in the public housing program. Um note that um with Eagle Eye Mayor Backer over here noticing our surplus seemed quite off. I did find the mistake and
the numbers have been corrected and um as of June 30th at the end of our fiscal year we had a surplus of about $110,000 not the um 400 or 500,000 that was reflected in last month's report. Um
good catch. Um note under the home buyer assistance loan two applications were received. Um they have been placed on the waiting list. Um, and if funding becomes available, we'll be able to start working with them under
the Get It Ready loan program. Note that one loan closed in the amount of $31,000. Um, end of report. I'll make a motion to accept the Economic Development Authority administrative activities for the month of June 2025.
I'll second that. We have a motion and a second. Any further discussion or questions? All in favor say I. I. I. Opposed. Motion carries. Item 4.1 section 8 management assessment program. All right. Um this is a report that
we're required to submit to HUD every other year. Um the last CAP report was submitted in 2023 and we received an overall performance rating of high performer with a score of 100%. Um, we do expect
to receive um the same score again this year. Um, but we'll get it submitted and and then I will let you know when I hear back on our score for 2025. Um, so this um section 8 management
assessment report um is a nationwide reporting process for all housing authorities that administer the section 8 program. um to uh give HUD information to assess how we're managing the program. Um through
the process, HUD identifies projects or agencies requiring additional oversight. So if you are if you score I think it's 60% or below, you're consider considered a troubled agency and then they do more oversight with you to get you back on
track. But um we have always either been standard or high performing. So, um, the reports attached, it's basically just answering simple questions. Are, you know, are we following our policies? Are we taking people off the waiting list?
Um, according to our policies, um, do we, um, review our utility allowance schedule on a regular basis? Do we inspect the units as scheduled? Things like that. And, um, for most of the answers, um,
we are. Um there are some sections of the report that don't um they're not app applicable to our program because we're a small H. So some of the answers you'll notice have been left blank.
I'll make a motion to receive the section 8 management assessment program report for the fiscal year ending June 30th, 2025 and authorize submittal to HUD. Second, we have a motion and a second. Any
further discussion? All in favor say I. I. I. Opposed? Motion carries. Item 5.1 EDA July 8th, 2025 claims list. Um, I do just want to point out there
was a large expense to go sheet metal. Um, that was preventative maintenance in our mechanical room at Broadway House. Um, related to our hot water for the building, um, we replaced our storage tank, our heat exchanger, um, pump and valve for that system. Um
it was recommended by uh maintenance staff that we look at replacing all of those items um so that we didn't have a situation where um the system went out and we didn't have hot water in the building and then we you know were in a situation of having to do an emergency repair. So
I'll make a motion to approve the EDA July 8th 2025 claims list. I'll second that. We have a motion and a second. Any further discussion? All in favor say I. I. I. Opposed. Motion carries. Item 6.1, approve site plan for North Broadway
lots. Commission President, commissioners, um at your February 11th meeting, um you approved the site plan for the sale of the Fourth and Broadway lots. Um the original concept included mixeduse development. Uh but now uh the property
owner uh and developer are seeking approval uh for revised plans that are purely commercial. Um this is driven by the building configuration. Uh it now has three commercial spaces. Uh the associated um parking requirements for these uh commercial spaces and the
drive-thru that would go through there um have leave no room uh for the parking requirement for any residential units. Uh and so the reason we're asking for approval is one it it is a change from the original but on the deed there is um
restricted covenants on there that it has to be for housing andor mixeduse. So, with your approval, we can have the attorney um have an amendment or change that deed or strike that from from the from the deed.
I read the report. We still have a need for retail space. We still have a need to have that property developed. Um, you know, I understand that a lot of stuff maybe not isn't working out for space restrictions and things like that. So, I
am um in approval of the new plan. So, I'll make the motion to um approve the updated site plan for North Broadway Lots and authorize the city manager to sign updated documents prepared by the city attorney. Second. We have a motion, a second. Any further
discussion? All in favor say I. I. I opposed. Motion carries. Item 7.1 economic development activity report. Um I will just highlight a few things here. Under the commercial property
rehab loan program, a new application was received and under the small business loan program, one loan closed in the amount of $10,000. Um Chris and I have been uh meeting with
Better City on the EDA strategic plan. You've all received a survey and um are getting those completed. Um we have a follow-up visit with them, I believe, on Thursday to go over the survey results. Um so that's moving along.
Um, and then you'll just, um, I'll just note that Wendy Anderson's second quarter report is attached. Um, end of staff report. And then one other one other note. Um, as of right now, uh, both our, uh,
cannabis licenses or registrations are spo spoken for. Um, I can't did we issue issue the registrations yet for for those? I believe she was last week. She was working on that. So, if they're not done yet, they will be soon. Okay. And those will go to council for
for approval. Um, so at this point, both both of them are spoken for. A motion to accept the economic development activity report for June 2025 activities. A second. We have a motion and a second. Any further discussion or questions?
All in favor say I. I. Opposed? Motion carries. and May 0.1 New 2025 second quarter report. We have Tim Kak from Newick here. If you have any questions for him, he can step
up to the podium. Good morning. Steve says hello and welcome from Italy. He's actually on his way back. And uh he also wanted to extend a thank you for everything that you guys are doing to work with New Brick. We appreciate that. Thank you.
Do you have any questions this morning at all? I have a question. I've had several inquiries about the tiny houses. Yes. Are there any schematics or drawings of what it could look like? There are. Yes, there are. They be available or
Yes. Yes. Stea could provide them. I think he's going to be back tomorrow. Okay. So, I will pass that on to him that he can provide that to you. Yeah. Thank you. Yeah. And we can also send them to Heather if that you'd like to share that. Sure. Yeah. I could share them with the the group here. Yes.
I thought wasn't there something in the city council packet. Those were I wouldn't say those are probably what's going to be built, but examples of what could be built. So, I think they have actual schematics now. Okay. Go ahead. I'm sorry.
Sorry. Um, uh, Tim, I guess unrelated to, you know, what I'm seeing here, which is some very good work. Um, like I see Bolton and Mink has donated kind of the the engineering plans for the project and um, looking at a lot of the um, connections that you guys are making
with other organizations and higher education and those type of things. Uh I'm just curious um what if you guys are working on a plan for financial independence and what that looks like. Yeah, I think our our first step with
that of course is the the tiny home project. Um starting with two units for to be built this this year and then a total of 15. um that should provide uh adequate cash for our our um our
initiative to keep moving forward. Um the final numbers aren't out yet on that. I know Steve's still working on that and um you know along with that we have some other initiatives that we think that would um including still working with 3M. Um that is off the
table yet. We just haven't had the time to dedicate towards it. I think that'll still help happen this summer. Sometime this summer, if there's no other questions, I'd make a motion to receive the new brick 2025 second quarter report. Second that.
Motion and a second. Any further discussion or questions? All in favor say I. I. I. Opposed. Motion carries. There being no further business on the agenda, this meeting is adjourned.