Redevelopment Authority of Allentown Annual Meeting and Election - July 8, 2026

The Redevelopment Authority of Allentown held its annual meeting on July 8, 2026, at 2:00 PM in the Council Chambers at 435 Hamilton Street. The meeting was called to order with a roll call, followed by approval of minutes, public comment (none), election of officers, financial reports, invoice approvals, inventory updates, old business regarding two RFPs, and an executive session for real estate transactions.

Consent Calendar

• Approval of Minutes – June 10, 2026: A motion was made, seconded, and carried with no opposition to approve the minutes from the previous meeting.

Public Comments & Testimony

• No members of the public provided comment.

Discussion Items

• Annual Meeting – Election of Officers: The board elected officers for a one-year term: Chris Rad as Chair, Danny as Vice Chair, Alan as Secretary, and Tony as Treasurer. The election was conducted via motion and second, approved by a unanimous voice vote. Tony, the newly elected Treasurer, noted he cannot serve as Treasurer due to securities license restrictions, but the board proceeded with the slate as proposed, swapping Alan to Treasurer and Tony to Secretary? (The transcript is unclear: initially Tony was named Treasurer, then after discussion, the final slate was Chair: Chris Rad, Vice Chair: Danny, Secretary: Alan, Treasurer: Tony. The discrepancy is noted; the official outcome appears to be as voted.)
• Staff Financial Report: Ellen presented the financial reports for June 2026, including budget-to-actual comparisons through June 30, a balance sheet comparison, and profit/loss analysis. Notable entries: $1,500 miscellaneous income from a restrictive covenant agreement at 1116 Maple Street; city staff salaries and benefits included through June 19, with reimbursement from CDBG pending; a $4,000 final billing for the 2025 audit; and an insurance expense reclassification of $7,500 from prepaid insurance. A motion to accept the financial reports was made, seconded, and carried unanimously.
• Invoices for Payment: Kelly reviewed the 10 invoices, which included staff salaries and benefits, audit final billing, electricity, MLS fees, a flash drive, and a landlord-tenant complaint filing for 323 North 9th Street. The tenant is three months behind on rent; an eviction court date is set for Monday, July 13, 2026, before Judge Santiago. The tenant was given grace but failed to pay; Valley Youth House indicated the tenant cannot re-enter their program. A motion to approve payment of the 10 invoices was made, seconded, and carried unanimously.
• Inventory Update: Kelly reported that the property inventory currently includes seven properties (not counting 332 Front Street). Inspections were conducted four times since the last meeting with no issues; all properties are secure. No storm damage or electrical problems were noted.
• Old Business – Updates on 725 N 10th and 540 Hamilton Street RFPs: All proposers have been contacted. The two selected developers are being notified, and draft developer agreements and agreements of sale are being prepared, with an expected return for board approval by the next meeting.

Key Outcomes

• Election of Officers: Unanimously approved: Chris Rad (Chair), Danny (Vice Chair), Alan (Secretary), Tony (Treasurer) for a one-year term.
• Financial Reports: Unanimously approved as presented.
• Invoice Payment: Unanimously approved for the 10 invoices listed in the packet.
• Inventory: Acknowledged as secure; no actions taken.
• RFP Updates: Staff directed to finalize agreements with selected developers for 725 N 10th and 540 Hamilton Street.
• Executive Session: The board entered executive session at 2:19 PM to discuss real estate transactions. No further business was conducted after the session (based on available transcript).
• Next Meeting: Scheduled for August 12, 2026.