[0:40] [Background Conversation]
[1:13] >> We're about get started.
[1:14] I'm sorry.
[1:14] I forgot the water.
[1:17] I'm sorry.
[1:27] [Background Conversation]
[2:16] >> All right Mr. Chair, 2:00, we can start whenever you're ready.
[2:19] >> We bring this meeting of the Community Redevelopment Agency
[2:22] to order.
[2:23] And we'll take roll call.
[2:29] [Roll call]
[2:35] >> We go into comments and petitions.
[2:38] I have no one wishing to speak.
[2:39] We will go on to item number three.
[2:41] The minutes.
[2:42] Need a motion to approve and second.
[2:46] >> So moved.
[2:48] >> Second.
[2:50] >> All in favor ?
[2:54] All opposed?
[2:56] Motion passes.
[2:58] We're on to item number four.
[3:00] The CRA resolution 2020 603.
[3:03] CRA budget.
[3:07] >> Resolution CRA 2026 a resolution of the City of Lake
[3:11] Wales Community Redevelopment Agency adopting a budget
[3:14] for the fiscal year beginning October 1st 2026 and ending
[3:19] September 13th 2027.
[3:21] Making findings authorizing amendments,
[3:24] providing an effective date.
[3:27] >> This is part of the regular yearly budget process.
[3:32] Annual budget process for the city.
[3:34] We need to adopt the CRA budget as part of the city budget.
[3:39] Are there any questions, comments common concerns,
[3:42] from the CRA members?
[3:47] Okay.
[3:51] >> Mr. Chair, can I just address one -- >> Absolutely.
[3:56] >> Real quick.
[3:57] Before you guys vote.
[3:58] I just feel a couple of calls yesterday,
[4:01] about the cost associated with the Stewart house,
[4:04] and I just wanted to say that we're not
[4:08] going to put these budget estimates together,
[4:11] that's just exactly what they are,
[4:13] we don't know the true cause of the project until we go through
[4:19] and create the architectural and engineering plans and bid
[4:22] the thing out.
[4:23] We're not going to just go and write a check for $500,000.
[4:29] What we'll do is get those plans created
[4:32] and then I'll have to put together estimates
[4:37] on that construction based off of what the actual plans are.
[4:41] You decide what you want to do with the building.
[4:44] And then we can make a decision and come back and say okay,
[4:48] here the costs associated.
[4:50] Do you want to move forward?
[4:52] Or do you want to hold off until next year or whatever.
[4:55] That's what the process is going to be.
[4:58] >> We put 300,000 in the budget last year and we didn't spend
[5:02] a dime.
[5:02] So.
[5:04] >> I'll say, I also fielded a couple of calls and I appreciate
[5:09] you saying that.
[5:12] Kind of had the same conversations.
[5:15] It's a budget item and it's there
[5:19] if we so choose to do that.
[5:24] >> Okay, that's all I have.
[5:26] Thank you.
[5:26] Sorry.
[5:27] >> If there are no more comments or questions,
[5:29] I'll entertain a motion and a second.
[5:32] >> So moved.
[5:34] >> Second.
[5:35] >> Let's do this by roll call.
[5:42] [Members voting]
[5:46] >> And that moves us on to our executive director's report.
[5:51] >> Just one thing.
[5:54] The hotel continues to advance forward.
[5:58] The 22nd of this month, the Marriott's branding arm is going
[6:03] to be here in town for the day.
[6:05] Putting together their story on how they're going
[6:07] to be marketing the hotel.
[6:08] They'll be here all day.
[6:10] Really doing research, getting into the community.
[6:13] It's pretty exciting.
[6:14] That's all I have.
[6:15] Thank you.
[6:18] >> Do we have any board member comments?
[6:21] I'll go through that if we need to.
[6:25] Nothing?
[6:26] We're good?
[6:27] Okay.
[6:28] Then we will adjourn.