1 00:00:40,520 --> 00:00:42,520 [Background Conversation] 2 00:01:13,194 --> 00:01:14,319 >> We're about get started. 3 00:01:14,319 --> 00:01:14,953 I'm sorry. 4 00:01:14,953 --> 00:01:17,353 I forgot the water. 5 00:01:17,740 --> 00:01:19,740 I'm sorry. 6 00:01:27,240 --> 00:01:29,240 [Background Conversation] 7 00:02:16,330 --> 00:02:19,860 >> All right Mr. Chair, 2:00, we can start whenever you're ready. 8 00:02:19,860 --> 00:02:22,744 >> We bring this meeting of the Community Redevelopment Agency 9 00:02:22,744 --> 00:02:23,244 to order. 10 00:02:23,244 --> 00:02:26,244 And we'll take roll call. 11 00:02:29,600 --> 00:02:31,600 [Roll call] 12 00:02:35,398 --> 00:02:38,219 >> We go into comments and petitions. 13 00:02:38,219 --> 00:02:39,889 I have no one wishing to speak. 14 00:02:39,889 --> 00:02:41,758 We will go on to item number three. 15 00:02:41,758 --> 00:02:42,523 The minutes. 16 00:02:42,523 --> 00:02:46,723 Need a motion to approve and second. 17 00:02:46,909 --> 00:02:48,483 >> So moved. 18 00:02:48,483 --> 00:02:50,690 >> Second. 19 00:02:50,690 --> 00:02:52,690 >> All in favor ? 20 00:02:54,371 --> 00:02:56,227 All opposed? 21 00:02:56,227 --> 00:02:58,227 Motion passes. 22 00:02:58,383 --> 00:03:00,323 We're on to item number four. 23 00:03:00,323 --> 00:03:02,323 The CRA resolution 2020 603. 24 00:03:03,643 --> 00:03:05,643 CRA budget. 25 00:03:07,363 --> 00:03:11,763 >> Resolution CRA 2026 a resolution of the City of Lake 26 00:03:11,763 --> 00:03:14,491 Wales Community Redevelopment Agency adopting a budget 27 00:03:14,491 --> 00:03:19,283 for the fiscal year beginning October 1st 2026 and ending 28 00:03:19,283 --> 00:03:21,283 September 13th 2027. 29 00:03:21,953 --> 00:03:24,353 Making findings authorizing amendments, 30 00:03:24,363 --> 00:03:26,763 providing an effective date. 31 00:03:27,656 --> 00:03:32,730 >> This is part of the regular yearly budget process. 32 00:03:32,730 --> 00:03:34,643 Annual budget process for the city. 33 00:03:34,643 --> 00:03:39,303 We need to adopt the CRA budget as part of the city budget. 34 00:03:39,303 --> 00:03:42,163 Are there any questions, comments common concerns, 35 00:03:42,163 --> 00:03:44,563 from the CRA members? 36 00:03:47,603 --> 00:03:49,603 Okay. 37 00:03:51,243 --> 00:03:56,643 >> Mr. Chair, can I just address one -- >> Absolutely. 38 00:03:56,683 --> 00:03:57,323 >> Real quick. 39 00:03:57,323 --> 00:03:58,311 Before you guys vote. 40 00:03:58,311 --> 00:04:01,483 I just feel a couple of calls yesterday, 41 00:04:01,483 --> 00:04:04,163 about the cost associated with the Stewart house, 42 00:04:04,163 --> 00:04:08,283 and I just wanted to say that we're not 43 00:04:08,283 --> 00:04:11,683 going to put these budget estimates together, 44 00:04:11,683 --> 00:04:13,343 that's just exactly what they are, 45 00:04:13,343 --> 00:04:19,243 we don't know the true cause of the project until we go through 46 00:04:19,243 --> 00:04:22,543 and create the architectural and engineering plans and bid 47 00:04:22,543 --> 00:04:23,923 the thing out. 48 00:04:23,923 --> 00:04:29,403 We're not going to just go and write a check for $500,000. 49 00:04:29,403 --> 00:04:32,395 What we'll do is get those plans created 50 00:04:32,395 --> 00:04:37,195 and then I'll have to put together estimates 51 00:04:37,663 --> 00:04:41,843 on that construction based off of what the actual plans are. 52 00:04:41,843 --> 00:04:44,896 You decide what you want to do with the building. 53 00:04:44,896 --> 00:04:48,483 And then we can make a decision and come back and say okay, 54 00:04:48,483 --> 00:04:50,530 here the costs associated. 55 00:04:50,530 --> 00:04:52,296 Do you want to move forward? 56 00:04:52,296 --> 00:04:55,235 Or do you want to hold off until next year or whatever. 57 00:04:55,235 --> 00:04:58,863 That's what the process is going to be. 58 00:04:58,863 --> 00:05:02,323 >> We put 300,000 in the budget last year and we didn't spend 59 00:05:02,323 --> 00:05:02,963 a dime. 60 00:05:02,963 --> 00:05:04,923 So. 61 00:05:04,923 --> 00:05:09,273 >> I'll say, I also fielded a couple of calls and I appreciate 62 00:05:09,273 --> 00:05:11,273 you saying that. 63 00:05:12,300 --> 00:05:15,593 Kind of had the same conversations. 64 00:05:15,593 --> 00:05:19,185 It's a budget item and it's there 65 00:05:19,185 --> 00:05:23,385 if we so choose to do that. 66 00:05:24,443 --> 00:05:26,300 >> Okay, that's all I have. 67 00:05:26,300 --> 00:05:26,589 Thank you. 68 00:05:26,589 --> 00:05:27,589 Sorry. 69 00:05:27,589 --> 00:05:29,633 >> If there are no more comments or questions, 70 00:05:29,633 --> 00:05:32,469 I'll entertain a motion and a second. 71 00:05:32,469 --> 00:05:34,820 >> So moved. 72 00:05:34,820 --> 00:05:35,923 >> Second. 73 00:05:35,923 --> 00:05:39,523 >> Let's do this by roll call. 74 00:05:42,215 --> 00:05:44,215 [Members voting] 75 00:05:46,187 --> 00:05:51,803 >> And that moves us on to our executive director's report. 76 00:05:51,803 --> 00:05:53,803 >> Just one thing. 77 00:05:54,496 --> 00:05:58,960 The hotel continues to advance forward. 78 00:05:58,403 --> 00:06:03,854 The 22nd of this month, the Marriott's branding arm is going 79 00:06:03,854 --> 00:06:05,219 to be here in town for the day. 80 00:06:05,219 --> 00:06:07,261 Putting together their story on how they're going 81 00:06:07,261 --> 00:06:08,443 to be marketing the hotel. 82 00:06:08,443 --> 00:06:10,313 They'll be here all day. 83 00:06:10,313 --> 00:06:13,403 Really doing research, getting into the community. 84 00:06:13,403 --> 00:06:14,603 It's pretty exciting. 85 00:06:14,603 --> 00:06:15,627 That's all I have. 86 00:06:15,627 --> 00:06:17,627 Thank you. 87 00:06:18,683 --> 00:06:21,675 >> Do we have any board member comments? 88 00:06:21,675 --> 00:06:25,696 I'll go through that if we need to. 89 00:06:25,696 --> 00:06:26,309 Nothing? 90 00:06:26,309 --> 00:06:27,603 We're good? 91 00:06:27,603 --> 00:06:28,283 Okay. 92 00:06:28,283 --> 00:06:30,683 Then we will adjourn.