The Powell Development Corporation (PDC) met on October 28, 2025, at 6:30 PM in Council Chambers. The board approved minutes, received reports, and took action on several economic development items including a new business attraction grant, facade grant extensions, website redesign funding, and discussion on code of regulations revisions.
Okay, good evening. I'd like to call the uh October 28, 2025 meeting of the Powell Development Corporate order. First order business is to call the role. Tom Counts? Here. John Hughes. Here. Jim Burnik. Here. Nicole Scott here. Andrew White. Aye. Thank you. Item two on the agenda this evening is approval of the minutes from the August 26th meeting. Is there any additions or corrections to the minutes? I've moved to approve. Second. You have a motion to second. All in favor of the minutes say aye. Aye. Opposed, same side. The minutes are approved. Item three is a report of the president. No special report this evening. Let's move on to item four report of the treasurer. Nicole. Nothing too overly noteworthy for the September or August. We do have one topic that I want to raise with regard to budgetary line items. But before I raise that, Samantha, anything else that you'd call out? I want to call out in September. We had if you remember the city and the PDC kind of share costs in the utilities for a couple of the PDC buildings, as well as the city used to receive revenue for the charge point chargers at Riffrey Park. In September, we kind of did like a final reconciliation of those costs, where I believe the PDC had to pay a small portion to the city. The city had to actually pay the PDC for the charge point revenue that the city had received for the past six or seven months. So that is the it's just under $7,500 in the revenue section in September. That was kind of the final true up reconciliation of those costs between the two entities. So now they PDC receives the charge point revenue in their account, and then they also pay all the utility costs. So there's no kind of invoicing back and forth anymore for that. Thanks, Samantha. There is one invoice that's presented for payment in the month of September that will require a budgetary line discussion. And that in particular is related to legal fees. Currently, that line item allotted has $700 from a remaining balance. However, there's also $10,000 left in contingent expenses. So at this point, um the request is to allot budgetary funds from that contingent expense up to legal fees. Before that, though I want to confirm there's one legal fee invoice that's presented for for the month uh for frostbound in the amount of 940 some dollars. Um I don't know if there's anything else potentially pending a lot that higher at this point. I would say maybe estimate like a thousand dollars a month for the end of the year. I agree. Okay, things that he has is working on. A lot more activity now, so they're doing a lot more for I would just motion to transfer between those two accounts. Yeah, in the amount of four thousand or somewhere, just do four to be safe.