And Andrea IP are all president.

The others are excused good morning.

So therefore we have a note that proof of notice is uh included on the back side of your front page or a double sided or the second billet.

But two sets of minutes.

We have the June 23rd, 2025 board meeting minutes.

So I will uh take a motion to approve those minutes.

Those aren't ready for this.

Huh.

Well that's take that off the agenda.

So moving on, we've got uh let's see.

Should I double check before I speak now?

Uh minutes from July 10, 2025.

I will understand a motion to approve those minutes.

So move.

Second.

Any discussion.

All in favor.

Aye.

New minutes for the July 10th, 2025 governance committee are next up.

We've got new business.

It's like a couple of resolutions.

So we're just gonna talk through those.

So the first item uh number four is a uh resolution to enter into agreement with the Syracuse Urban Renewal Agency for the administration of the block challenge grant program.

Uh so this uh the terms that are uh within here kind of speak specifically to the tiers of programming that we have adopted so far, um specific to the block challenge grant.

Um, I expect that we would look to um and I would kind of defer to Meg to weigh in on this, but either amend the agreement or implement kind of a secondary agreement um under the umbrella of the total 2.5 million dollar funding.

Um the reason for that being just that they're uh within the bounds of kind of server requirements, um there's something that we will need to require um uh in once we get to the point of having some uh more significant homeowner renovation programs um that uh will need to all be spelled out kind of within a in a given agreement, and so rather than um understanding kind of our timeline that we're working on, rather than trying to have that all fully baked out in the context of a singular agreement.

Um we've set this up in such a way where it's specific to kind of what we have adopted so far.

Um, I think there's probably uh could be a little bit of flexibility there if the board felt like there was things that they wanted to see done differently.

Um sorry, hi everybody, in case um I haven't met you, my name is Matt Ryan, I'm a senior corporation counsel, and I also am um counsel to the SERP super renewal agency, so I'm here in that capacity.

Um so uh are you talking about in terms of like the whole contracting shell?

Yes, because that's very much a draft.

Um it still needs to be council.

Um so the way that SER typically would do it is just to um approve because SIR will be um taking this up right after this meeting, and would approve an agreement subject to um additional terms um approved by service council.

Um I'm not sure how uh if that's something that would also be similar to the housing strategies corporation, but that is how sir would do it.

So there is some flexibility as terms because we're still working out the um the terms because this is a very different type of agreement, and so um it's gonna need some flashing out, which yeah, I want to make sure we have the ability to do so.

In terms of why it's I've I've kind of drafted it, so it's geared towards just this tier one or the block and the um the housing strategies corporation will be doing other activities beyond that.

Um, but since that's what's fleshed out, and Surah since it is the funds are are flowing through SERA, it Sarah needs to have some oversight, um, making sure that the activities that the funds would be used for are um in alignment with the new urban renewal, the second urban renewal plan.

Um so that's why so this right to me is if we were using full 2.5 million for the block grant challenge program, and that's made okay, and then that's that's good feedback, and I can make adjustments to reflect that because in the SORA resolution um that I've drafted for the board to consider it it would be subject to any amendments um approved by both both bodies.

Um so that's kind of what I was getting at because like at the point that we fully finalize kind of what the eligibility criteria would be for a homeowner renovation grant, then we would look to amend this agreement so that that is kind of baked in to this.

Every time we want a new program, we have to go back to Surah and ask their permission.

And so I think understanding the relative of the boards that we need to convene.

I think we're uh while we would want to minimize doing that.

I think we can easily enough plan for uh to accommodate timelines as such as we need to to schedule those meetings.

So we're gonna see it again after the SURA board makes changes.

So at the point you would see it again at the point that we would have finalized terms that we would want to implement for our homeowner renovation programming, kind of above and beyond this initial um block challenge program.

Uh those terms, then we would kind of those would come back to the housing strategies corporation board and then Sura would uh both Surah and the Housing Strategies Corporation Board would uh again review to confirm that they wanted those terms to be a part of this agreement.

But it sounded like there would be further amendments to this council before this is signed.

Yes, so that would be you know that could certainly be I can leave that up to Michelle um how that would be handled here.

Um mayor walsh is a signatory for um SURA, so you know he would be for evening it from SERA's perspective as well.

Um, but so if you wanted to circulate it as we flash it out a little bit more.

Sorry, and just for clarification's sake, are we using council in the context of the common council or council as a legal counsel?

Legal council, right?

Thank you.

Yes.

But also Surah members are in the houses right.

Correct, yes.

So I think that's amendments might be needed.

Speak now over oh I mean Mike, you're not the board.

Of the housing strategies corporations.

Okay, you're not so but you're here.