COMMUNITY DEVELOPMENT AUTHORITY

Virtual

Agenda — 24 items

1. 1 The City of Madison is holding the Community Development Authority (CDA) Board meeting virtually to help protect our community from the Coronavirus (COVID-19). 1. Written Comments: You can send comments on agenda items to CDABoard@cityofmadison.com 2. Register for Public Comment: • Register to speak at the meeting. • Register to answer questions. • Register in support or opposition of an agenda item (without speaking). If you want to speak at this meeting you must register. You can register at https://www.cityofmadison.com/MeetingRegistration. When you register to speak, you will be sent an email with the information you will need to join the virtual meeting. 3. Watch the Meeting: If you would like to join the meeting as an observer, please visit https://www.cityofmadison.com/watchmeetings. 4. Listen by Phone: (877) 853-5257 (Toll Free) Webinar ID: 889 1013 2207
2. 2 If you need an interpreter, translator, materials in alternate formats or other accommodations to access this service, activity or program, please call the phone number below at least three business days prior to the meeting. Si necesita un intérprete, un traductor, materiales en formatos alternativos u otros arreglos para acceder a este servicio, actividad o programa, comuníquese al número de teléfono que figura a continuación tres días hábiles como mínimo antes de la reunión. Yog hais tias koj xav tau ib tug neeg txhais lus, ib tug neeg txhais ntawv, cov ntawv ua lwm hom ntawv los sis lwm cov kev pab kom siv tau cov kev pab, cov kev ua ub no (activity) los sis qhov kev pab cuam, thov hu rau tus xov tooj hauv qab yam tsawg peb hnub ua hauj lwm ua ntej yuav tuaj sib tham. For accommodations, contact: Lisa Daniels (608) 267-8709
3. 3 CALL TO ORDER / ROLL CALL
4. 4 APPROVAL OF MINUTES Approve the Minutes Pass
5. 5 PUBLIC COMMENT
6. 1. Public Comment (June 13, 2024 CDA Board Meeting) 83834
7. 7 DISCLOSURES AND RECUSALS
8. 8 CONSENT AGENDA Adopt the Consent Agenda Pass
9. 2. CDA Resolution No. 4612 - Accepting the Final Audits for Fiscal Year 2023 for Allied Drive Redevelopment, LLC; Burr Oaks Senior Housing, LLC; CDA 95-1; Monona Shores; Truax Park Redevelopment Phase 1, LLC; Truax Park Development Phase 2, LLC; and Village on Park 83835 Approve Pass
10. 9 Page Break
11. 3. CDA Resolution No. 4614 - Approval of CDA Financial Policy Revisions to Policies 500.15, 510.10, 520.10, 530.85, and 600.65 83836 Approve Pass
12. 4. CDA Resolution No. 4615 - Approving the execution of a Property Management Agreement between the CDA and Founders3 Real Estate Services, LLC for services at Monona Shores Apartments 83837 Approve Pass
13. 5. CDA Resolution No. 4616 - Approving the execution of a Property Management Agreement between the CDA and Founders3 Real Estate Services for services at CDA 95-1 (the Reservoir) 83838 Approve Pass
14. 13 DISCUSSION ITEMS
15. 6. Election of Officers for the CDA Board 83842 Approve Pass
16. 7. Appointment of CDA Finance Subcommittee and Designation of Committee Chair 83843
17. 8. Nomination of Madison Revitalization and Community Development Corporation (MRCDC) Board of Directors 83844
18. 17 Page Break
19. 9. Report on CDA Finance Subcommittee 83845
20. 10. CDA Resolution No 4613 - Amending the Community Development Authority Redevelopment (CDA) 2024 Adopted Operating Budget to finance Triangle Redevelopment preconstruction costs up to $800,000 from fund balance 83839 Approve Pass
21. 19 Page Break
22. 11. CDA Resolution No. 4617 - Authorizing the execution of a letter of intent and subsequent contract with The Alexander Company for development partnership and related consulting services for redevelopment of the Park and Badger Area 83840 Table Pass
23. 12. Report on Housing Operations 83841
24. 22 ADJOURNMENT Adjourn Pass