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HomeMy WebLinkAbout04-07-22 MURB Minutes Page 1 of 1 Unapproved minutes from April 7, 2022 board meeting via WebEx TO DO List: Everyone attend May 5 board meeting In attendance: Nolan Campbell, David Fine, Tracy Menuez, Valerie Wyman, Emily Talago, Susan Fraser A. Call to Order – Nolan called the meeting to order at 4:34pm. B. Disclosers – none. C. Changes to agenda – none. D. Public Comment – none. E. Action Item – MURB FY23 work plan discussion David described this annual process. He then went over past projects and city commission’s foci. David walked thru the FY22 budget as a starting point for discussion. David noted the BMX project is delayed so will roll over from FY22 to FY23 plan. The codifying project is still progressing but some work may also need to roll over to FY23. The operation manual is nearly completed. Discussion. David shared five projects for consideration of FY23 funding. Discussion continued. The practice, not policy, of paying grants only after the project is completed was based on 2016-2017 board discussions about previous projects. The decision was made that in order to get big projects done larger incentives would be required. It is a conservative approach/practice to only fulfill the grant funding after the project is completed. Discussion continued. Affordable housing, including ADU additions, came up. Tracy said HRDC has looked into this, learning some communities have built ADUs for this situation. The building is actually done by a non-profit and most become deed-restricted properties. Emily brought up fiber. David shared the history and map of fiber in the district/city, including conduit installed years ago is now leased to Yellowstone Fiber. This organization is building out over the next 2-3 years to cover most every residence in Bozeman. David asked for feedback on his suggested five projects, i.e. what to include and what to toss away for the FY23 work/budget plan he will bring to the board at the May meeting. Disclosures shared by board members – Nolan, 9TEN; Valerie, property on 8th; Tracy, HRDC work with 9TEN and El Mercadito. Discussion. David noted bond advising currently occurring as more bonding will be needed. Phasing is a concern. Nolan said it is good to let projects come to the board. He then asked David what is forecast on revenue, and staff responded it more than likely to increase but will base the FY23 budget on current year’s income figures. Public comment was called for and no one was online. G. FYI/Discussion Tracy requested to be added to the next board meeting agenda a discussion of early funding on the El Mercadito project. H. Adjournment Nolan adjourned meeting at 5:53pm.