Yeah, I'll just send it to the case.

You all know it's crazy.

No, you're on here as having seconded the motion.

I don't think the chair can move.

No.

Which one Alan is it for?

We'll make sure we get it corrected.

Um, do you want to start the meeting and you can just make the correction get it?

Uh okay, where is it?

Oh, yes, exactly.

The was the 2024 seat.

Yeah, that's it.

On page seven, notably your title page seven, it's cool.

Um the CDBG contract.

What about it?

Isn't identified when we made the motion.

No, it says that Mr.

Roger.

Second by Mr.

Rod.

Mr.

Red.

Well, we'll second it by DN.

Chris asked.

I'm wrong.

Well, I mean, we'll have to note that in a minute.

I mean, when we when we approve the minutes, just note that.

Are we ready?

Yeah, we're okay.

I didn't know if we're working through.

All right, everyone, we will call this meeting to order for the January uh 14th meeting of the redevelopment authority of the city of Allentown.

Um appreciate everyone being here and um being bright-eyed and bushy-tailed for our first meeting of the new year.

Um we have our full slate of uh the authority here, so we will jump in uh for the approval of the minutes from December 10th, 2025.

I'll move it with uh kudos to Kelly and Mark and whoever Vicky for getting numbers on the pages of the table contents is meaningful.

And I'd also want to uh correct the uh CDBG uh motion that says that uh that our chair seconded a motion.

I'd rather I'm pretty sure uh Robert Schules uh suggests that chairs not move or second minute uh motions.

Do you know?

Do you know the Robert Schools well enough to know that?

Okay.

So I'm just saying I think it's just safe for you.

Okay, uh it's just a typo that needs to be corrected.

So then I'll move the with that correction.

I'll move the approval of the uh the minutes.

We have a motion.

Do we have a second?

I'll say we have a second.

Any further discussion?

All in favor, signify by saying aye.

Aye.

Any opposed?

Motion carries.

Uh we'll jump to agenda item number three point zero, public comment.

Do we have anyone from the public?

All right, thank you.

Thank you for attending our meeting today.

We'll try to make this as lively as possible for everyone.

Um we will be uh calling for executive session towards the end of our meeting.

So uh it'll be after all the rest of the fund though in our agenda.

We'll be calling for an executive session though, just so everyone's aware of that.

Uh we'll jump to agenda item number five point zero staff financial report.

Okay, so if we start with the um budget to actual, which is on page nine.

Um just to reiterate because I think there was some confusion last month.

This is showing the 2025 budget that was approved last year and comparing it to 2025 actual, which now we have a pretty good idea uh where we were at the end of 2025.

Probably a few more bills will still come in that I'll end up accruing back into 2025.

But that is a pretty good representation of where we are at year end.

I did make an accrual for 200,000 for on that first line for the City of Allentown reimbursement grant.

We are still waiting for that contract, which we just discussed in the minutes that contract to be fully executed by the mayor, and once that is taken care of, then we will work on putting together an invoice for 200,000, 100,000 for the staff salaries from 2025, which we paid that bill last month to the city.

So we will um reimburse we will be looking to be reimbursed for that $100,000 using CDBG funds, and then also $100,000 of other expenses uh that you can see in our if you take out that $100,000, total expenses would be $132,990.

So we will look for $100,000 of those expenses that we can also be reimbursed from the CDBG grant for as well, but we haven't been able to do that yet because we are still waiting for the fully executed contract.

So once we do that, it looks like there should be a net income for the year of about sixty thousand dollars, which is not sure.

I think the next page or two pages back, we'll be able to compare the profit and loss from last year to that.

But that is that is how it looks right now up through December 31st.

The next page after that is the balance sheet comparison, and that also reflects you can see um on that first page, which is page 10 of the packet, the 200,000 in account 1203 CDBG operating.

That is the 200,000 I accrued for accounts receivable we just discussed.

So that's where it's reflected on the balance sheet, and I think other than that, I don't really think there were too many other changes.

I did do the entries for the 2025 insurance.

So I moved and the expenses from 2025 for our insurance from prepaid insurance to uh insurance expense.

So the on page 12, that balance of 10,000 in 1400 prepaid insurance, that's all prepaid insurance for 2026, and the 1401 prepaid expenses, that's one of the bills that we are approving today.

That is for Kelly's 2026 dues for the Lehigh Valley Realtors.

So because that's a 2026 expense.

I didn't include it on the PL, I have it as a prepaid expense on the balance sheet.

Okay, and then if we go back to page 16, that will show the profit and loss comparison for 2025.

And we can you can look compared to 2024 to see the changes this year on page 18.

You can see last year there was a small net loss of about $850, as opposed to this year the net income of about $60,000, which again we still need to um get the reimbursement of the CDBG funds, but umce we have gotten that should be the net income for the year.

Anyone have any questions?

I'm afraid I'm gonna take a chance and potentially embarrass myself here, but um the budget actually, I don't understand how if we have a budget of 1,100,000, and we actually spent 232,000.

How that's an 884,000 dollar deficit.

It's not a deficit, it's just showing what was in the budget for what actually happened.

Because we budgeted over a million dollars for sale of property and we didn't sell any property.

That's a lot of properties.

Okay, yeah.

Uh so you on the budget to actual, I wouldn't look at that as a deficit, or that's just the variance between the budget and what was actually the actual expense of the actual revenue.

Okay.

349.

Where are you?

Where are you seeing?

Oh on programs next to QuickBooks.

Page nine, I'm sorry.

Right.

That's the vendor we paid.

We paid the city of Allentown $349 for uh office and program supplies.

So anytime we do printing or anything like that, we have to approve that.

Oh, just because we have other things we pay, so I'd like to just, you know, it's nice to know.

And then right, so we we will always have that because every quarter they we get a bill from the city um for any postage costs and for any um office supplies we use.

Right.

So we have a line that says office program and supplies, and it's not on that line, it's on contract services.

So when it just says city of Allentown, so we should say No, it's not on it's not on contract services, it's on the line of.

I'm sorry, it's the way so but we should say supply city of Allentown.

We have different things that we but each what's next to it is what what vendor we paid for that line, right?

So if we paid City of Allentown for something else, we'd put it on that line.

These are just for supplies.

That's just what we pay them for supplies.

So if you add up the 2690, the 349 and the 244, that comes to 300 3,283.

So that's showing specifically that line.

And that's how all the notes and all the lines.

Yeah, and then you said about the 200,000 that you approved on the page 10.

Page nine says 201.

Is that the same?

Are we talking the same?

Yes, because 200,000 was accrued and 1407 34 was received from another invoice this year.

So that's the total income for that line for this year.

No, one on 120 on page 10, 903, it says 200,000.

Correct.

On page nine, it says 201,407.

Yes, correct.

If you look at page 16 account 4202, that's where the 2014 comes from.

But it's it's 100, it's it's that's not the same.

But we received 201 before.

So budget to actual is what we budgeted 300, but 201 is what we're what we're gonna be spending.

Where's the one?

If you go to page 16, the profit and loss.

Yeah, I got the 16 here.

Okay, so I see the same number there.

Yes, correct.

So then we're back over here, it's 200.

So where does the because that's the balance sheet?

So that's showing the accounts receivable.

That means we haven't received that 200 yet.

The 1407 34 we have already received, so it wouldn't be on the balance sheet anymore.

It's not an account receivable, it's income that we received.

That's not the same number then.

That's what you're saying.

It's not the same line item.

That's what I just right.

It it yeah, it is the same, it's income, but we didn't receive the 200,000 yet.

That's a correct, they're not the same.

I'm not asking for the same number.

That's all I just want to make sure.

They're not right correct.

The budget to actual is from the PL.

The budget to actual is not from the balance.

One thing and the 201 is another thing.

That's right, correct.

Well, 200,000 is part of the 201.

Right.

That's just money we got, and the 201 is money, something else.

No, no, no.

1407 34 is money we got.

1,4734 is money we got.

200,000 is money we're expecting to receive.

Okay.

I want to just point something out.

That's the kind of thing that I say that makes the staff roll their eyes, so I'll watch for their eyes to roll if you choreograph it.

It'll be especially impressive.

But um, where it says home dollars, I don't know why we don't put dollars after every line.

We don't need to word dollars there, and home is an acronym, it should be cap all caps.

Where is this on your budget uh to actual which page Alan?

The fourth well, actually, I don't think we're I think we should just take that line out because we're not using the dollars out and home should be all caps.

Yeah, we're not we're actually not even going to.

I'm not even sure what that line was for.

That was I think on last year's approved budget, so we just took last year's approved budget template, but we're not we're not intending to use home dollars.

Okay, uh so yeah, we're not intending to start your own.

This was what we were using, so you stuck with it to end 2025, but you were gonna reorganize your way in 2026.

No, it it's what's approved, it's what's approved at the at the board meetings.

So, what was approved last year, we we uh use the budget that was approved.

So, what was approved last month is what I'll use going forward.

So, no, I'm not changing anything.

I it's I'm taking what was approved.

Kelly, that is not necessary to go in a minute.

It's more on a side day.

I think I was but maybe if I can say something.

If there is things that you would like to see on the format of the stuff that you could just email before the meeting, you can get that all addressed.

Thanks.

I'll make a motion to approve.

We have a motion to approve.

We have a second.

Any further discussion?

Uh Jessica made the motion.

Alan second.

Any further discussion?

All in favor signify by saying aye.

Aye.

Aye.

Any opposed?

Motion carries.

Uh we'll jump to agenda item number 5.2 invoices for payment, which are in our packet.

In your packet.

There are uh 15 invoices or 31 invoices totaling 15, 10.64 cents.

The invoice detail was in the packet that was emailed to you.

It's not in your hard copy.

Um, but if there are any questions, we're happy to answer them.

One thing I would like to um point out is um the RC construction, the repair, the steps and the drywall and the hallway.

That's when we have the refrigerator delivered, and the delivery men uh sabotaged the common area, and Homedevo actually reimbursed us one thousand one hundred and ninety-five dollars.

So that nine hundred dollars didn't come out of our pocket.

So we got reimbursed for that work that was done.

Good.

Anyone have any questions on the bills paid out?

The cedar landscaping trash disposal on 11.1.

Is there like stuff left on the property again?

Or yeah, yeah.

When they get sometimes, you know, there is in the winter time people like to dump things.

So they in their um contract there approved for one bag of garbage per lot, so this one had an additional um additional uh bags additional bag at 180 dollars, huh?

All right, good.

Yeah, Hershey lodged.

Um I'm pretty sure I'm I think it was the media I missed, but I just want to make sure one is for uh Kelly's attendant, and maybe the other was a sponsorship.

No one is for that was for when I went to the conference.

So one is for the hotel, and the other is for the actual comp.

No, that's not which if you're the first cloud, that was when I went to the conference.

Yes, and then the the um next line down is my MLS to no no no, there's two Hershey lots.

One of them was for the the what was it one of them for the uh the actual registration?

Yes, yes, and one was for the hotel.

Yes, correct.

Oh, I'm sorry, I'm not there.

I'm looking down the I don't know which one was which, but the one mark TER is the um the mileage lodging meals and the one marked uh housing alliance of Pennsylvania conference is the registration.

Gotcha.

Good.

Anyone have any questions on the bills being paid out?

No, I'll make a motion to approve.

We have a motion.

Do we have a second?

Second.

We have a second.

Any further discussion?

Dan and Alan second.

All those in favor signify by saying aye.

Aye, aye.

Any opposed motion carries.

Uh we'll jump into agenda item number six point oh, an inventory update.

Uh yes, um, I shrunk down the inventory sheet.

I it might be hard on your eyes, but we're just it's trial and error right now.

Um, but um everything is you know, Anthony goes out every week, and on the spreadsheet, you'll notice the dates that he does the inspections.

Um, everything is secured, there were no real issues.

Um, the only thing that we would like to stress, well, I would like to tell you about is apartment one at 323 9th Street.

Uh two weekends ago, they called and said that they didn't have heat, so we had to send um the contractor out, and when he was out there, he noticed that the wire in the HVAC system was burnt.

The parts were covered under the warranty, but then they noticed after that was resolved, then they went up on the condenser, and then they noticed the condenser was leaking on that needed three on as well.

So that's a bill that we're going to be getting uh next month uh for those repairs.

But she does have heat now.

Um we were getting some complaints um about the um the garbage not being in a container and the sidewalks not being shoveled uh because she is a low income.

We did a did we did purchase uh a shovel for her and a garbage can so she can keep her garbage in a container and we don't get sweep violations, and she has a shovel to shovel her her pack.

But other than that, everything else is going well.

And tell me again when we're gonna get our rid of ourselves of rental property sites, you don't have to deal with this stuff.

Um we have to look, I have to look in Cisible Migrants over we have two more years.

Yeah, we have two more years.

Refresh my memory.

What kind of we have a standard PAR lease with the Senate?

So where does it say we provide the garbage can and the shoveling?

Well, he I understand, but the extra stuff.

So the garbage can was the garbage can was $30, the shovel was $20.

The $50.

I understand.

I understand.

So the garbage can is going to stay with the property when she moves out and save up the shovel.

So it was just it was because we were getting complaints and uh paying a sweep ticket.

For us to, if I would keep sending the letters to her, it was just we've provided those two things.

I talked to Mark and he agreed that we would provide those two things and they stay with the apartment when she moves out.

If they're not there, it would be a deduction of her security deposits.

Like normally as landlords in real estate, the sweep ticket goes to the tenant, and that's a violation of your lease.

Like sometimes we have good hearts, and you know, because they're no income, but that doesn't mean you know, low IQ.

So she has to have the capability to take care of the apartment.

A garbage can nobody's gonna want the second one used.

I mean, if I got an apartment, I don't want somebody else to use garbage can, but how many sweep tickets and did we pay for them or did she pay for them?

We didn't pay for them.

So what was happening is they were getting, we were getting because we are so close to the city, they were warning us ahead of time.

I would continue to tell the tenant.

The the issue is she kept saying she didn't have money to buy this stuff.

So we purchased the items.

Now I can hold her accountable because we did purchase these items.

So I understand that it was $50, but for us to take her support would be a lot more money for us to do that.

She's gonna go to court and say she doesn't have money, and then they're gonna say, Why doesn't the landlord supply it?

So it just kind of hedged that issue and just stop the bleeding a little bit.

And the landlord doesn't supply it because that's not a responsibility.

How does the apartment look?

The apartment is great.

Yep, it's nice and clean.

Both of them, I mean, honestly, they're both really good tenants, they take care of everything, they work well together.

There's no uh is this our value that we inherited.

So sorry.

Is this our valley youth house tenant or the one that we in the value?

The second floor tenant, they have uh can any capabilities to help out with the shoveling and stuff.

Yes, she has been, and so but that's what I'm saying.

They just they have over they both have children, they're they're both in uh really good, which is nice because sometimes it's not like that.

Sometimes the kindness becomes a habit.

So I just want to make sure, yeah, and you and Marco are really nice people, and people can see that.

I look forward to the day when we are too busy to deal with these matters.

Yeah, hopefully soon.

Uh very good.

Any other updates?

I think everything else is kind of in line.

Okay.

Anyone have any other questions on our inventory?

All right, we'll move along to agenda item number 7.0, old business.

Um, we'll have another discussion here about the 136 South 8th Street uh loan.

Yes.

Um, thank you.

So we've been talking about this for a while.

Um, we've been working very closely with community action, full disclosure.

I am a board member of community action.

Um, but uh we've been working with them in conjunction with our grants division uh to complete this project uh or to kind of get it fully funded, and um the project this was a redevelopment authority property.

We sold it via the MLS to community action back in June of 2023.

Um the project has languished a little bit.

Um, and uh as community action got into the project, um, they uncovered more and more repairs.

So we had to go back and modify the budget to make that happen.

The city of Allentown through the home program is providing the bulk of the funding.

And that would supply the remainder of the funding to get this project done.

We anticipate that this project would be completed by the end of the year.

And we're looking to charge a 5% interest rate.

Or when the property is resold, whichever comes first.

So that uh represents about a 75% loan to value ratio.

And I included in your packet uh on page 76 is a sources and uses budget.

And Kelly, do you have pictures?

That's great.

Um, so this is the property, um, and this is so the before and afters, uh, the after is kind of what it looks like today, um, and some of the emergency stabilization work that CALV has already completed.

You can see the beautiful door they've installed that was actually architectural salvage from uh uh I think a property that was demoed as part of the arena um so we're excited uh and with this hundred and fifty thousand dollar loan.

We think we have all the funding lined up to get this project completed by the end of the year and get an owner occupant in it.

Peter, I'll acknowledge you.

I don't know if uh you had any uh thing to say here or any comments uh uh that Mark didn't cover.

I think Mark covered them all.

I mean, there was just substantial uh masonry repairs, emergency repairs that needed to happen.

Uh the whole front of the building was bowing out, and um, you can see we've gotten it to a pretty pretty solid condition now where we're really shovel ready to move on this project.

Right.

Great.

Any comments, thoughts?

Uh Alan Alan doesn't have any.

But you know, I I don't think I have a conflict here.

I don't have any interest whatsoever anymore.

But you have a conflict.

So I just wanted to be on record as I don't think so.

Okay.

Yeah.

Do you have any questions?

My first is I don't see a contractor degree.

Do we have one?

There will be one once you say it's okay to do the loan um community action.

Because this doesn't, it didn't follow what I would call what our normal process is where we would go out for RFP, select a preferred developer, enter into a developer's agreement, have a deed of reconveyance because it was disposed of through the MLS.

None of that was included in the original transaction that was before DCD had really any involvement with the authority.

Um when we paper this loan agreement, um, we will have a loan agreement.

Uh we're proposing a developer's agreement that will lay out the timeline.

Uh we'll get a deed of reconveyance in the um what I think is very low likelihood that this deal falls apart.

Um we would then have uh access to retake the property, and it would be secured by a first lien position total that was spent already is 719,000.

Total that was spent already is 719,000.

No, uh the total spent the date is approximately 198,000.

And that includes the acquisition cost from the authority.

Which was a I think 75,000.

Perhaps 775.

And how do they plan to repay us?

Is there a plan?

Does it sell the house?

So the repayment the the authority gets repaid with the sale proceeds of the house.

So when they sell the house to the income qualified home buyer, those sale proceeds come back to the authority to repay the loan.

So the map doesn't add up as a realtor.

It doesn't.

You can't you can't look at it like you wouldn't how we're gonna get our money back.

If we give them 150,000, right?

And 5% interest.

We're there they're not gonna get that back when they sell that house.

By the the address, the location, current sales prices, it just doesn't make sense as a realtor.

We think the market value over there is between 1990.

Right.

So 200,000 of sale proceeds would be able to repay 150,000 loan.

That's not a guarantee.

That's that's why I question that's it's a little high, and it's a lot of money toward that area.

It's a lot of investing going into a house that is not just not that value.

That's a lot of money.

But it's gonna be completely renovated, though.

I mean, that that house is gonna sell.

I mean, that was on the open market, that would sell for far above 200,000.

If it's gonna be completely renovated.

I mean, look at the front of it.

I mean, just how they replace the windows and everything else.

I think it's I'm just trying to understand it's a small house, it's not you know, I don't see it going for too much more.

But I mean, Chris and other yeah, I don't think we'd have any idea.

I know the neighborhood, it's not, you know, I'm not saying that as a realtor because you can't as a redevelopment, but the the neighborhood is not doesn't sustain that budget of that high.

It is a good investment property, I won't say that, but I'd like to know, like, and then I'm I just want to make sure because we've had this in the history, community action doesn't have money right now to pay their debt.

So what if it doesn't sell?

What if something else goes through?

I want to make sure of everything.

We get the property back fully remodeled.

So then we're right back here where we started at well, no, because you'd have a remodeled house.

We should have more epic.

They need 157-5 to pay you back the loan plus interest.

Right.

If the house doesn't sell for 157.5, something's wrong with us first or them for selling it less than that.

If it sells for 158, it's sad, but we get the 157.5 and they get 500 for all they put into it.

That's to me their risk.

As long as we get the 157.5, no disrespect, we're done.

Right.

And the rest is on them.

So to me, the risk seems to lie there.

Now, if for God forbid, some reason no one bought it for 157.5, we get the house back.

We've lost a little bit of money if we sell it for 130, but we've got a low-income owner-occupied house.

How does that work when you're selling the house the low income?

Like if we want to sell it for 200,000, that how do they qualify for that and still pay 200,000?

They have to be vetted, they have to go through a whole process.

I don't want to talk about your process with your other acquisition rehab resales.

Sure.

What we do is we you know put it on the market for a value that's appropriate, and we vet the um participants who are interested.

And once we get someone who's qualified, they go through the process of getting the loan, and they also have to obtain certification through our HUD certified housing counselors and receive some counseling to get a certification.

Um, and basically, once they go through the whole process, that's that's how it works.

Um regarding the risk, we fully understand the risk.

Um, and we don't think we're gonna have an issue paying back the loan.

Um, and we don't think we're gonna have an issue paying back the loan, and although it is public knowledge that during the federal government shutdown or the state budget impasse that we were having some difficulty, we're a lot better off than we were before than we were before, and we're definitely on the path to um you know resolving all those issues, so it's not an issue for us, even if we were to lose a little bit of money on this.

It's deceiving from the outside, it's a three-bedroom, two and a half bedroom bathroom house with you know an open concept living room, uh kitchen area, and uh it's it's really large inside, and then it's also a large lot, it has a big yard, which is kind of great.

And it's a block and a half from Hamilton Street, yeah.

I mean, I in my opinion, I think on top of us um having a blighted property resolved and having this as I mean, this this property is an integral part of that block.

Um, I think having that all resolved, I think is a huge win for us and for um CALV, along with the fact that is that that we're helping provide an affordable housing um component here with that as well for the next buyer of the property.

I don't I don't disagree.

I just want to make sure that everything, you know, we're in a time where government is, you know, and and there's a lot of questions, and I don't want to be in a situation that we do have the property back, but I also want to make it clear because I want I want to I want to understand too why community action, why not Bobby Seuss uh company when they come in?

I want to be clear on these questions and ask I know the answer, right?

I really know.

And if I see Peter Lunis here, I know the answer, you know.

But I want to make sure that it's in our minutes and ask the questions.

I want to have a contractor's agreement, um, and I want to make sure all the ducks in a row so that we're not back here.

Peter Lunas can say tomorrow he doesn't want involvement, you know.

I don't I want the world to know understand why community action, why this project, and that's why I asked the questions that we're asking, why not Bobby Sue's nonprofit?

Because we've had others ask before, and I know they're qualified, but I want to make sure it's set.

I um I am a realtor that does the program and do the classes.

Sometimes I've done them because I know the qualifications, but I want to make sure that it's done right, and we're in a scary time, so I don't I don't want them to be in a situation.

I know they're saying they're willing to take the risk, but as a community person, I want them to have a game.

I want us to have I want everybody to have I want it to work out the right way, so I'm asking the questions.

Oh, I'm all for it.

I just want to make sure we have all the things in a row first.

Well, and I also think that we can openly explain that they bought this property from us, and we now recognize that they have encountered hardship.

So I would hope that the next nonprofit that buys a property from us that hits hardship, if we're able to help them get another low-income owner-occupied property into the right hands, we would do the same thing.

Thank you, Vicky.

I agree, and I think if Bobby Sue had a property that they needed some help with and would contact us tomorrow, I would happily listen to their proposal.

Right.

I just wanted to I want to go back to Dan's question because I think it merits a deeper answer.

Thank you.

When you live in Lehigh County, if you are considered 80% AMI, so you look at your median income and you look at the average.

If you were single, you'd have to earn $55,000 a year.

62 if you have one other person in your household, 70 if you have two, 78 if you have three.

So if the income guidance for this turns out to be 80% AMI, that's what they're choosing to sell to, then they would have to have an individual that household income adds up to at least that amount, and then the bank would have to certify them as being borrowable to that amount in order for them to be in the queue to purchase the home.

Now that AMI can be a hundred percent, it can be a hundred and twenty percent.

HUD has different income guidelines for each of those brackets of affordability, and as long as you are selling the home to a HUD affordability household that you've declared, you're in compliance with the fact that you've used CDBG or you've used home or you've used other dollars.

So they're gonna have to prove the income, they're gonna have to prove that they're borrowable, and the house is going to have to remain priced at something that a person with that amount of household income could afford.

To Jess's point, it means we couldn't say we want three 250 for it and expect it to easily sell to an income eligible household unless it was a household with six kids, and it might be, and then it might be affordable, and you could actually sell it for more.

Do you have people in perspective that would be eligible?

Are they signed?

Well, currently we're doing this with another property, uh 723 Broadway.

Um so we always have people calling with interest.

Yeah, I didn't mean this property specific.

I mean, like, is there you know, do you have active participants in the program now that could qualify for this and the price point that you guys are saying?

Not at this moment because we haven't been looking for anyone else, but we've never had difficulty in the world.

If we just when we decide and we make the motion, is that something that we could say we could start getting on to before the property begins?

Like putting it out there.

Uh that I know you have programs, but start looking into people that would particularly qualify.

So we're ready.

So you're ready enough.

Because what if there's not?

I think they're gonna start marketing it as soon as they know they have followed.

That's gonna start before we even get to think of it.

Jess, when we when community action has done this in the past, that this acquisition rehab resale model is something they've done numerous times.

Um, especially in the last couple of years, every time they have a property that's ready to be sold, it has not been an issue getting it under contract, meeting the affordability requirements, and getting the targeted uh sale price.

We used to do the same thing, right?

We never had any issues.

Can I get a motion to say yes?

That would be the okay.

That would be the motion for approve the uh loan for 150,000 community action with 5% interest with a contractor's agreement.

That's the motion after we get the loan.

Can you use the suggested motion that I'm gonna be the first one?

Yeah, or I'm fine.

Like as long as you guys are in agreement with that suggested motion.

Yeah, we're in agreement with a suggestion, just we are adding to have with a contractor's it should be on the it's actually says it in there.

Okay, yeah, they'll enter into a developers agreement with RACA.

And I make a motion to accept the suggested motion from our agenda.

We have a motion, we have a second.

We have a second.

Any further discussion?

Good.

No further discussion.

All in favor, signify by saying aye.

Aye.

Aye.

Any opposed?

Motion carries.

Congratulations, thank you.

Make us proud, you guys.

You always always those we'll be in touch about the long.

I know people know, but uh Peter Lunus is done about 600, I think, facade improvements.

500 facade.

That's it.

The guys are an artist FSI was beautiful, by the way.

Look great.

His work is work uh was uh among the proudest things that the community actually has done on keep up the good work you guys.

We appreciate your support.

Thank you very much.

Yeah, I would just like to also add my thanks.

Um CALV has been a long-term city partner as well, and we are looking at creative ways to partner to get through what I think all of us are feeling as a difficult federal funding time.

So I think this is really a vote of confidence, as much as it is a loan.

So I I too want to express my appreciation to the board for entering into this city CLV RACA chaos.

So thank you.

Thank you.

Thank you.

Very good.

All right, with that, we'll jump to agenda item number 8.0 uh under new business 515 new street.

Yes, and we have an illegal parking issue.

Yes, so um, this has been my squirrel for uh three weeks now.

So um our property that's highlighted on your um inventory sheet, the 515 through 519, which is actually 521 new street.

This was the old uh door storage um place where we had the 515 and pi 17, which were demolished, we fenced the property.

This was not an issue prior until now.

So, what is happening now is um I got inundated with phone calls because if you can see this white house right here in the picture, this house right here.

Apparently, this neighbor here wants to park here because this neighbor who's across the street parks here.

Anyway, dealing with that parking plate further research, um, I found out that this whole parking spot is actually part of our lot, which is the 5175 new street.

And I'm not sure why the fence didn't go all the way down here to the concrete apron, but it didn't.

So now it's causing problems because it's our lot, people want to park on it, and it is exhausted.

So I have a solution, I just need to run it by the board.

This neighbor here wants to park in one spot.

The neighbor on the other side wants to park in this spot.

We have two parking spots.

We have them have leases and we charge them a rental fee for parking on the lot.

Because uh, if we start saying you can park here for free, it's going to cause an absolute issue, and I don't really want to deal with it.

So if we could just cut and dry, have a lease, they get one spot the pay the people in the back get one spot, we charge them a fee.

I'm just not sure how much $50, $25, how much you want to charge.

They're gonna be taking care of the snow, we don't have to worry about that.

It just would solve the problem.

Like $25 would be I mean it's not a garage.

Right, so $25 a month for a party spot, and then they want to take care of it.

If there's any violations, they don't get the privilege anymore, and then we'll figure it out.

We can bring the things back.

So history as a realtor, they do double check that they can park.

So there's certain places that cars aren't allowed to be parked.

We're not allowed to have parked on, and I want to make sure before we go into a lease, yeah, that we are able because even though they have a lab sometimes, uh-huh, they're not permitted for cars.

That looks like stone actually.

It's the street versus the driveway.

So that's a street you can't park on, but the driver you can't, it's a C street, so it's too small to like have a car on either side.

Like in that driveway but I meant that there's some kind of like down in town where you park on top of grass and gravel, and they have a they went a couple years ago giving out tickets, and so and just because we see it like that, it didn't mean so.

I just want you to make sure legally that I will people can park there because then later, then if something happens, homeowners insurance or something, I don't want it to come back because that was a big thing here for like if people couldn't just have a parking or oy, but other than that, I'm fine with it.

That looks like a carpet.

Yeah, I so and that's what people were doing, and then it was a time where the city is.

So I definitely will check with the building to make sure that this is uh this is a parking pad and not that she's gonna but it does have the apron, so that makes me that makes me think that it is a parking pad and not just a grass area.

But I'll make sure that that is all taken care of, and we'll just draw the lease and then I can go about on my daily jobs.

No, that's good.

Um the only thing I picture there's a handicap parking.

Yeah, but that's that that she just put that there.

Yeah, straight neighbors.

Yeah, I'm sorry.

The only thing that I'd say is parking.

Yeah, reserve parking.

We'd we'd probably want them to get uh insurance.

Absolutely.

Just so we're not, you know, have us named as an insurance.

Yep, got it.

But that's so with their partners.

That's currently we own that.

That's part of the 1517 New Street.

So I have no idea why the fence didn't go to the sidewalk.

Because um it makes sense because 17 actually was uh it was a long time ago, but it had a the building was a lot bigger than uh 15 was so this was the way to get into the lot for uh 17, but I don't know why they didn't bring the fence all the way down.

So it's been like this for a while, and it wasn't a problem until now it's a problem.

What does the sign say on the fence itself?

No trespass.

No trespass.

Okay.

Yeah, insurance and um as it like no liability because it's as after y'all said carpet, it is carpet with mud, so we don't want to be liable for stone.

And then they're gonna be taking care of the snow, the salt, all that stuff.

And it'll help them be neighboring, right?

I'm sorry.

It'll help them be neighboring.

I hope so.

I mean, I hope so.

Because it's just you're saying it's two people fighting over it, right?

Yeah, but yes.

Yeah, it's literally exhausting.

How are you gonna decide which one gets switched to?

No, they know there's one and the right one.

That's it.

If they if the the one in the back wants two, it's because I would say worst case scenario, we could sign it and say you can't park here, nobody can park here.

And then if you do park here, you're gonna get you're gonna get towed.

And that's that's what we were doing.

What I would highly conversate and suggest to them that this is temporary and space on how they behave, one's gonna be calling you, the other blocked it in too many cars.

If they, you know, if this don't go well, this is a trial basis, you know, right?

If they're gonna continue to give you a headache, sure.

Tell them that's above your pay grade, and they could just I mean we could do it, we can do a three-month lease, a six-month lease.

We can't if they're gonna continue to be a problem and this won't be a solution, then why why do that?

I also have one so suggestion after living your dream at Alliance Hall, and that is that you actually give them a displayed permit.

Okay, because then when they call to report a vehicle that doesn't belong there, because somebody inevitably will park there that's not supposed to.

If they don't have a permit, APD can tell.

Okay, and then you can put a permit parking sign instead of the zone trust.

I can do that, right?

A permit parking sign?

You can do that in your own house.

Okay.

Do you have do you have thoughts on that?

I would just suggest them on monthly so you give them very money with that.

That's what I was just gonna say.

If things do become contentious, it it gives you more flexibility.

Good, thank you.

Yeah, otherwise you gotta wait if it could be an issue in month one, you gotta wait it out two months.

I apologize that I have a conflict today and I need to leave.

I just want to let any of you know who have Verizon as your cell phone coverage, that the city did not just suck the life out of your phone and kill your phone while you were in this room.

There's a nationwide Verizon shortage or outage right now.

So anyone who's carrying a Verizon phone, you'll get a message saying you aren't able to call out and you aren't able to receive calls.

That's not what happened here.

That's what's going on elsewhere.

I'm watching people reboot their phones all over the building trying to say the Wi-Fi's down or something.

It's the actual networks down.

We're going into executive.

Are you okay?

Um Mark knows what I want to say.

All right, thank you.

Bye.

Thank you, Vicky.

All right.

We are good with that.

Do you need a motion from us for any of this?

Or we're doing a motion?

Do I need a no?

It's in the minutes.

It's in the minutes.

I mean, we're we've we're giving you direction on on this.

We have our solicitor here.

He can give us our his opinion.

Do you think we need a motion for okay?

That's that's fine.

I mean, we're just given direction on this.

So uh we cannot go into executive session because the computer just kicked me out and it's asking me for a password and I don't know.

And you're on the Verizon.

So as soon as he comes down, is it going to execute the session?

I apologize.

I think we stand in the way.

I don't know what I do this.

Is it going well?

Yeah.

So I think we're gonna go into an executive session and I don't anticipate if they'll be taking any.

I just had a question on the RFPs.

Yes.

That's part of the executive session.

We'll be discussing our strategy to um dispose of those properties.

You can ask me for and then you can come but we can bring you back in after executive session.

Oh, it's it's okay.

I was really just looking for a timeline or something of update.

Um so what I'm anticipating, they have not seen this latest draft of the RFP award.

We're gonna review it with them.

Um but uh I'm anticipating they will vote on it next month to release it.

So the RFPs would most likely be released after next month.

Thank you, Mike.

Yep.

Thanks, everybody.

Thank you very much.

Thanks for being here.

Thank you for being here.

So that's it.

So all the different things that's not the information.

Yeah, this isn't even very state.

I think that you can go ahead and do that.

I do not know.

Okay, sir.

Thank you.

Unless you want to stay on that.

Okay, so yeah.