I'm going to
start we are
now okay that theory was wrong because
looks like no one is in the lobby but
that's all
right I don't see anybody that are
attendees I only see people that are
panelist on
them you want to share your screen Nate
or you want me to have it pulled up what
do you want to do
now you can do it if you want it's fine
by me unless you want me to I I'm happy
otherwise I just hold on I need to
change the setting here to make sure
that anyone can now go ahead you can you
can just share the agenda Ben because I
think we've got that and then
uh yeah I have the Excel spreadsheet uh
ready as
well oh cool yeah then that's all we
need so that'll work Sarah gold is here
lucky
eight awesome she's got she's got
Columbus zoning tonight though so we may
lose her before the executive committee
uh I'm last on the agenda so I I
unfortunately Sarah I don't know how but
I lucked out of going to zoning
committee
tonight well I'm just I feel lucky to be
on it I need this done by the end of the
year well we're on Council agenda next
week so
hopefully we're good good yeah
but yeah we thought maybe we'd have to
be on and then uh they didn't they
didn't tell us we needed to
so all right Ben you ready should we
call the meeting in order go for it all
right
great well let's see so let's call the
uh Beckley cic meeting to order uh on
this Zoom
call and let's do a a
uh roll call of CFC members so Ben
Kessler
Nate green here sirar gold here Moni
Monique lampy
here uh Bill Harvey here Andy Madison
here Troy Markham here Jeff Walker here
heid McCabe here and Jessica sad
here awesome thanks everybody for making
it
tonight well let's start uh cu have lyia
makovsky on from new
Mark so I thought what we' do and and
hopefully you all saw uh Heidi just sent
out a note about all the uh the rent uh
or the the different tenants for Beckley
square but I thought two things one um
Lydia if you just want to talk a little
bit about um where we are with tenants
uh we won't talk about we there is one
tenant that we need to talk about in
executive session Lydia so don't
we won't bring that one up um but the
others if you would mind talking about
it and then we can um uh then Ben will
bring up the budget and we can talk to
the budget and kind of what your
thoughts are there and uh the budget for
next year so Lydia if you don't mind
just kind of giving us a general Becky
score update and then Ben will bring in
the
budget sure can you hear me okay yep
okay uh in regards to
um outstanding rent at this point um for
the most part everyone's in decent shape
we did have two tenants not sure how
specific to get um that had an
outstanding balance prior to um the
government required
closures um and basically we kind of you
know put a pause on any attempts to
collect that and said as long as they
stayed current you know from March
forward um that we would you know kind
of deal with the rest at a later time um
they have stayed current and they have
made payments towards the aers as well
um so that's in better shape than it has
been um the other tenants either there's
you know one that doesn't have a balance
at all that's paid current and there are
um
three two I guess that have um you know
we paused the base rent for the months
of April and May um to kind of get our
hands around how long the closures would
last and what financial aid would be put
in place and then
determine what would be done with that
paused rent um so they they have that on
their books right now until we finalize
how that will be handled moving forward
but you know they're they're good aside
from that
okay and we will uh we will talk about
that that one
um we will talk about that one tenant in
uh in executive session so we don't need
to we don't need to go into too much
detail about that one um Ben do you want
to pull up the the Excel spreadsheet
that has
the
um that's our budget for next year for
the for the
score and I think what we'll do because
we've done this in the past um because
this is the first time seeing this we
will look at this tonight and then I
think we'll approve this at our January
meeting if that's if that's okay sure
so Lydia I don't know if you just want
to kind of go through this um you know
through the highlights or where you want
to where you want to start we there is
one big item at the bottom that we need
to talk about but um you know I think
from my view of it you know we had a
even with Co we had a pretty good year
and we still uh we still had a net
profit I think of 1220 some thousand do
on the on the Beckley square but but go
ahead lady if you want to go through it
uh sure as as you take a look at this
page the column labeled 2020 forecast
column e shows um where we were with the
numbers I had at the time I created the
budget plus the forecasted numbers for
the remainder of the year um and then
the column I shows what we are
anticipating the expenses and income
being in
2021 so the rents are just are they
annual increases that we have in their
rents yes
okay
um are there any significant items you
know we've got insurance it looks like
that's you projected that to go down
next
year yes I had um based that estimate on
prior years um expenses where it came in
and the numbers that were provided to me
by um the insurance agent that let us
know the allocated amount specifically
for Bexley Square the amount was much
lower than it had been in past years
okay so that's why that
decreased
okay um and then so you do have some
items in here we've got parking lot
maintenance and
uh uh building exterior so those are we
had not done those in 2020 we're
projecting to do those in
2021 yes uh one of them was the parking
lot ceiling and
striping uh to keep that in in good
condition uh and building exterior I
see hang on one
second if you go to the final page it
says notes I probably I have a note
there about what that exterior repair
is oh um other way I think oh there it
is it says
notes just after insurance there it is
oh I did not leave myself a trail of
breadcrumbs Lydia do you want us to have
our street contract bid the
um the ceiling and striping as well just
so you have a price to
compare didn't know if you folks had
vendors that would be able to do that or
if we would need to go through more
traditional
routes uh yeah well I mean our our our
general Contra our cont Street
contractor you know we're doing like
comparable work um on in alleys and that
sort of thing is the ceiling and we do
striping is part of our budget as well
it's just like a a quantity that that
way we could compare it with any sort of
quote we get
sure okay uh the the building exterior
um was an an allowance in the event that
we needed painting or awning repairs or
anything of that
nature um and then oh go ahead Ben I I
think you know those awnings that we got
um I don't know if anyone else shares
this opinion but I we I don't know if
you guys who was around when we we
quoted those awnings it was a while ago
and we got we went for the cheaper
contractor and I think we have uh you
know they're not there aren't holes in
them they're not falling apart but
they've never looked they've always
looked ratty to me I don't know if
anyone else shares that feeling or if
that's just take a look at it if you
guys have a chance you remember I don't
remember Ben what do we spend on those
you remember it was I feel like it was
in the 10 to $15,000 range yeah I think
you're probably right like half the
price of the of the prominent awning
company in
town they went on looking kind of Droopy
and they've always looked a little
droopy I'm not sure if that's true
well one of the big items I know Lydia
that you have on here Ben if you I think
is it on this page or it's it's further
down it's on this page if you scroll a
little bit farther down there yep yeah
do you want to talk about the roof Lydia
we'll we'll have to talk we won't be
able to decide on this tonight but do
you want to talk about your thoughts
with the roof um that's obviously a big
budgeted item we'd have to you know
figure that one out and then
probably uh go into our line of credit
to do that but talk about just the roof
and and your thoughts on why we why why
you have that in there um I have um a
vendor come out and complete a roof
inspection every year um you know and
request that they let us know what what
they consider critical repairs and the
general shape of the roof um and they've
been recommending replacement for a
while um and they gave us a proposal for
that last year that's what this budget
number is based off of when I say last
year last spring um and are recommending
replacement they're saying it's it's in
pretty rough shape I did um ask them to
go take a look at it um just before
winter to you know let us know if there
were any critical repairs before we
started getting snow and even the
minimal just you know absolute required
repairs at this point are coming in
around
$11,000 so it's just starting to seem
like we're throwing good money after bad
at this point investing in more repairs
because that's still a short-term fix
yeah I mean it's obviously a big item uh
Andy or Heidi you know Jeff anybody I
mean any you guys have any thoughts
about that because we I think it's
something we wrestled with for a while
yeah well my my first question I and I
really can't remember do we have any
language in any of the
leases to charge the tenants a portion
of capital
expenses I'm not sure off the top of my
head I know that typically Capital
expenses are excluded in in a lot of
laes yeah I I've done quite a few of
them that that do have language that
land sometimes you can pass through the
amortized annual amount yeah um but it's
not typically the full amount obviously
so as a reminder about a year ago when
we were talking about this we talked
about going to the um the the Regional
uh Eid group and bundling financing for
this along with
um uh some solar and we have gotten
quotes it's just I didn't realize we
were quite at this point of criticality
so I can I can we can compare maybe the
are we talking about Codman is did
Codman quote you that number Lydia that
was Ohio and Indiana Roofing okay so I
think we have a quote from Codman as
well and I think we have some
preliminary numbers from third Sun solar
so it might be good to kind of take a
deeper dive on that in the early part of
the next year obviously we don't want to
do the roof during the winter anyway
right yeah think it's a good idea we can
take a look at all the other that that
gets financed that can get financed
through you know property assess clean
energy through Franklin County Finance
Authority at you know pretty low rates
um over a period of of time yeah and it
doesn't hurt our uh you know our line of
creditor anything
I agree that's a good I think that's a
good uh that's a good way to look at it
too Ben because that could reduce our
cost and then we actually could
potentially pass those on to the uh to
the tenants through their you know
through cam charges through I mean
because that that comes across as a uh
as a property tax payment that's correct
yep or it looks like a property tax
patment
anyway okay any questions any other
questions about our budget um or for
Lydia before she jumps off the call yeah
just one can you can you scroll back up
to the
top um somewhere in the middle of that
first page Lydia I think I've asked you
this before but
um I see the management fees on there
but what is what is payroll
reimbursement uh it's an reimbursement
of an allocation of my salary
oh so not included in the management
fees correct got it
okay and well worth it a well worth it
Lydia no doubt thanks Lydia it's amazing
that we only have to pay half a percent
of your salary every
year
wish that's
great other other questions for Lydia
those are good
awesome well thanks Lydia thanks for
jumping on the call tonight we
appreciate it and did you need me to
stick around for the executive session
to discuss the request from the specific
tenant or do you just want to let me
know what is determined I we'll just let
you know it's determined no need for you
to stick around for that okay right
thanks all right thanks Lydia Lydia
thanks um let's see
so the
uh cidy property update I I don't have
any I don't have any updates Heidi do
you have
any no updates they're paying two
tenants are paying their rent it's kind
of Mo you know status quo yep it's good
all right cool uh ferle properties
update we actually do have an update
there uh on the demolition they are Ben
did they get out there last week I don't
re I don't I was did you did you follow
those emails I think the uh Central Ohio
cic was going out to do an abatement uh
asbestos
abatement um they were going to just
figure out what they had to do and what
they had to take out of the facilities I
think they were able to get in late last
week um and look at those right Ben with
Andy I I didn't hear that they didn't so
okay good and then Ben do you remember
when they're going to actually go when
are they're going to start demolition
um I think part of that they're still
aiming to get it done by the end of the
year I think they were saying but I
think part of that depends on their espb
bestos contractor and what they say yeah
I agree that's kind of where we are with
those
properties but good news they're clearly
like you know they're clearly wi they're
clearly moving forward there's some
momentum updated agreement Nate did you
see
that oh you're right and neither one of
us responded to him uh I'll look at that
tomorrow
Ben oh maybe not because there was
something Jake sent us and I can't
remember what that was but I'll yeah
I'll look at that I'll look at that
tonight or tomorrow
okay
cool all
right by the way Tom Brigden has joined
us uh for the record
Debbie taking minutes so I I know that
she's probably noting this but uh I
can't remember who else might have
joined since we did a roll call I think
just Tom
okay okay
cool all right well let's uh unless
anybody has any questions about Ferndale
let's move down to the 420 North Cassidy
property um so you know we talked we've
talked about this this this city
property um we've talked about it we
talked about it last a little bit last
time um and we've we've kind of moved
forward with two different things that
we wanted to get the board's thoughts on
and potentially get two resolutions so
uh we have as you all remember you know
a few years ago two or three years ago
um you know we did a we did a request
for um essentially interest in helping
us with Ferndale Mayfield and just kind
of lowincome uh properties in in Bexley
and providing more affordable housing uh
options in Bexley and so the Community
Builders were the ones that that came
forward and said you know we're willing
we want to work with you guys we want to
we want to try to find some solutions so
we have been uh working with them I
would say probably over the last year or
more um they've identified uh two
properties that they want to um do
affordable housing units on and they're
going to go after low lowincome housing
tax credits for those housing units uh
one of those is at 420 North Cassidy um
the other I don't know the address of
but it's the uh it's on Livingston it's
the uh it's the funeral home Andy what's
the name of the funeral home over there
in Livingston I can't remember I'm sure
yeah it's right at kind of at Livingston
and college over there right next to the
right next to the muffler shop um but uh
so they are but but in our conversations
with them they have they have they're
moving forward with a contract on that
property in Livingston and you know as
as as we've kind of discussed here uh
we're moving forward on the 420 North
Cassidy so there are two things we need
to do tonight one is we um don't have
any we don't have a formal development
agreement with the Community Builders um
they are working on something uh to get
to us that uh um myself and and Sarah
and Heidi are are going to be working
with them on um but what we wanted to do
tonight in regards to that is really um
we need to
formally say we want to work with the
Community Builders um and then give the
executive committee the ability to to
hammer out that development agreement
and then bring out Bring Back That
development agreement to you all uh at
some point probably at our January or
febru February meeting um to talk
through so that's kind of item one that
we need to we need to to to do tonight a
resolution we need to do there just
formalize our partnership with the
Community Builders um and again we don't
have a de development agreement now
we've talked about a lot of different
things with them but we don't have it in
hand yet and we'll have it here I would
I would imagine it'll be later this week
or early next the second thing we need
to do is we need to um pass a resolution
tonight uh to purchase for 20 North
Cassidy um we are in contract for that
property now uh we're in due diligence
for that property right now um and we
need to actually formally uh pass a
resolution to uh to purchase that
property as you all know um we we you
know we talked about this property uh we
we've talked about this property in
connection with the Community Builders
and putting affordable housing on the
site uh but and I think Todd uh fredman
um said this correctly you know this is
this buying this property is really a
part of our long-term strategy on City
Avenue whether we are able to get the
get the the tax credits or not and move
forward with the Community Builders this
is a site that we really want to move
forward with because it it meets our the
cic's goals and the City council's goals
or at least the council's goals that
they've had you know for a few years for
that Corridor so um I'm going to throw
it open to the comments from all of you
uh you know you've all uh been involved
in this uh we've talked a lot about this
um at various levels uh but I wanted to
to throw it open to comments you know
Sarah you've been you've been even more
involved than than uh Heidi or myself or
or zahi um and probably even better Andy
so uh if you have some comments that
would be great and then you know the
rest of you please Ben or Heidi Andy
that you've all been involved if you
want to you want to throw your comments
in as
well yeah I mean I think this is a
really exciting step forward that we're
able to take we've done a lot of due
diligence um you know and haven't taken
either of these steps kind of lightly
um it's exciting I'm here and happy to
answer kind of any questions um and Nate
you have totally been in in weeds and
the details and Heidi as well and Ben uh
I feel like we've gotten to know each
other uh a little bit better um we've
been spending evenings doing this and
we're not done yet this is just the
beginning um but yeah I'm excited so
happy to answer questions well and I'll
just add because I kind of remember some
of the questions um the first time
around when we were talking with
Community Builders um even though we
haven't seen the development agreement
yet it it will just relate to our
relationship around um the low-income
housing deals and it's not kind of with
respect to a larger Ferndale Mayfield
development as you know that
acquisition strategy moves forward so it
is um as Sarah said just um a step in
this Direction with respect to um the
litec um tax
credits great point
I want to um thank uh the crew that's
been working on this I'm GNA I'm
skipping to this the Cassidy property
and specifically thank Andy Madison
who's been negotiating with the uh with
the seller and the seller's broker um
pro bono so thank you for your work on
that I really appreciate it no problem
thank
you I think I think it's pro bono right
Andy he's like uh yeah you're well now
it has to be it's
awward I'm sure the uh sellers broker
was thrilled to hear that part of it too
so yeah you're probably
right um just so everybody knows the
timing of the Cassidy purchase we we
went into contract on uh November
9th um we've received evidence of title
which Kane Law Group is
reviewing uh We've we're working on a
property
inspection uh really just for us to kind
of get through and get a better feel for
what's involved
there uh Ben we've scheduled the
environmentals with yes Co to yeah yeah
he has uh as far as I know Andy and I I
need to check in with him I should have
said that before today a tool was uh I
gave him I gave him uh Mike Brothers
information so he was gonna contact him
directly so I assume he talked to him
but but I haven't talked again with the
tool and we've got time we we have uh
our our real key due diligence date is
not until February 9th uh where we need
to wave or discuss environmental
feasibility study zoning uh and board
approval
um and scheduled to close assuming no
issues with any of that on uh February
24th want to make it really clear to
anybody who's listening to this for the
first time that um the contract is
contingent upon cic approval so that's a
necessary step it's not like uh anybody
went rogue on that and then the of it is
that um art with Anna the the former
tenant had already announced plans to no
longer occupy that space prior to us
talking about uh this potential
Redevelopment for what it's worth great
points no great points Ben great points
and just as a further point of
clarification since there was reference
to uh you know we've been talking about
this for a while I think but correct me
if I'm wrong this is the first time
we've expressed interest in this
property out of executive session I
think oh no that's true Jee you're right
about that yep that's true just for
clarification I don't know if anyone's
listening no that's a great Point Jee I
yeah sorry I've been talking about it
for a long time but it's you know been
with members of the executive committee
and others so yeah thanks for that
clarification Jeff
um what are the questions I mean I don't
know we we've got you know any uh of our
council members Monique or Troy or or
Jess I mean do you have any of you have
any questions about this I know you know
you were involved you had the we were we
had an executive session meeting about
it last time we got a lot of questions
answered there I don't know if any of
you have any questions I mentioned that
this goes back to the city council's
kind of goals for that a few years back
but you know you all were not on the
council I don't believe then maybe Troy
you were but um
I don't know if you all have any any
comments or questions about that Nate I
do have a couple
questions sure yeah so tonight when you
said that we need to um talk about the
development
agreement um what exactly because some
obviously from the twoy year ago plan
was that 2018 when we had rfps and I
think it was just the Community Builders
were the only ones who responded to that
right correct just kind of going back
okay so then since we've had an RFP for
the um Burwick joint Livingston Avenue
that those were accepted on November
24th did we have anyone but the
Community Builders that applied for that
or responded to that so uh Jess the the
RFP for that is a it's a plan it's a
plan a joint plan between the city and
and of Columbus and the City of Bexley
it's not it doesn't pertain to
affordable housing pertains to
infrastructure and Public Safety
and like zoning
and streetcape so the the respondents to
that were planning firms like om and
mksk and
nbbj okay those are kind of two separate
processes um and I think the development
agreement in question pertains
specifically to this project defined by
the two sites the Cassidy and Livingston
sites which are two separate sites but
one kind of one project because they're
being they're being bundled together um
right and just um you know Jessica and
the RFP that we that the cic originally
put out a couple years ago it was a much
um grander RFP that was both the
affordable housing component and the
kind of Redevelopment of Ferndale
Mayfield it was kind of one large RFP
and for several reasons including the
environmental we've sort of bifurcated
those to um address the affordable kind
of on Parallel paths so this development
agreement you know wouldn't be for that
original kind of the full scope of the
RFP from 18 it would just be kind of
related to the affordable housing
component of
that so what exactly are we looking to
um approve then for tonight regarding
the development agreement and then
moving forward are we going
to you know make sure that when we do um
start talking about fale filed again are
we going to ask for rfps on that with a
new proposal since that's from two years
ago like what's our what's the vision
yeah yeah so the tonight we really are
not approving a development agreement
tonight and I know that's what it says
in the agenda but um I should have
rewarded that we're really uh what we're
saying is that Community Builders are
going to be we want them to be our
partner on North Cassity um and the
executive committee will work on a
development agreement uh with the
Community Builders for that property and
also for our support for the living it's
an Avenue project uh and then we will
bring back that full development
agreement for approval for the whole
board that's what that's what we need
tonight but the your second question
about ferdale Mayfield um is yeah Jess I
mean I would I would Envision that when
we when that when we figure out what
we're going to do there and when we've
got enough properties there yeah then
we'd go back out and do a whole RFP and
figure out because you know we had other
interest from other developers since
then particularly in that project and I
think uh you know we'd be doing
ourselves a disservice if we didn't so
yeah I would I would anticipate we do
that and then just to kind of State for
the record when we're we keep saying
low-income housing the goal for 420
North Cassidy but we're
really is our vision more mixed
use am I incorrect in saying that yeah
it is it's it's commercial on the first
floor and then uh affordable housing
units above that it'll be mixed income
yeah it will be mixed income housing on
uh combined with uh mixed use uh
commercial space as
well important point when we're talking
about this I think that our developer
partner is um pretty adamant that we be
United in our communication of this uh
that we're not talking low or affordable
we're talking mixed income housing so
the extent that we can just grill that
phrase into your into your lingo about
this and do not vary mixed I I
completely agree from yes so
yeah awesome hey Nate it's Monique I had
um just a quick um comment um a couple
weeks or months ago um bexy city council
had its uh fall Retreat and um and and
Jessica and Troy can correct me if I'm
wrong but I think we agreed that we
would have another
uh Retreat likely this spring with the
priority being um uh kind of our vision
and thoughts for cic I believe the mayor
uh was going to maybe then um give
especially our newer council members
kind of a longer more detailed history
of um the cic and of Ferndale Mayfield
so we might um have more information and
more um Direction after that spring 2020
uh city council Retreat great and you
know we talked about I think uh you know
I'm I'm willing to come to that meeting
as well so let me know if you need me
there to to talk about any of the cic
things awesome we'll do hey we're gonna
put you under oath there and ask you a
bunch of questions so get ready hey Troy
I've been under oath a lot you know I'm
just used to it it's all good hey I just
want to you just have to listen to me
drone on that's really up to you that's
fine that's what we do for that's what
we do here Nate uh so I just want to say
how exciting this is and uh really
impressed with uh the cic uh cic
meetings I call them like mustc TV
because you uh you miss a meeting a lot
happens so uh very impressed with the uh
uh the proactivity and the action going
on here and and I really uh uh really
commend you guys for uh so for being so
aggressive and so active on behalf of
the city um I do have a question just
probably a point of uh we have do we
have these resolutions are they written
I didn't see anything attached no we
don't have formal resolutions we will um
I will just ask
for you know Ben we didn't write them up
but I think we're just asking for
Resolutions that that essentially the
resol I mean we're asking for two
resolutions the first resolution is to
um uh is to I'm trying to think of the
right word is uh that the community
Builder will be our development partner
on 420 North Cassidy it gives the
executive committee the ability to
negotiate a development agreement that
the board will have final approval over
that'd be a first resolution and the
second resolution is that we are um is
uh approval of purchasing 420 North
Cassidy um do we need to State the price
or anything in
there purchase contract I think is is
the key um okay because obviously the
purchase contract has a ton of safety
measures in place yep and there might be
legitimate reasons not to purchase so
approval contract Okay
cool so sorry tro those are the two
things we need go ahead just for
clarification when you say resolution
you're asking for a
motion and then a motion and a vote
right yes
correct correct let me let me so let me
follow what uh are we asking to vote
on the creation of the resolutions then
or just the general are we talking about
that
General so it would look like this I
would make a I I'll make a motion to
approve Community Builders as the
development partner for 420 North
Cassidy and to authorize the executive
committee to negotiate a development
agreement with them that will need to
come back to the cic for final
approval second it's been seconded by
Monique and now we can talk about it and
then we that's the that's the language
that we're discussing yeah all right so
we have a motion on the floor because
Ben just put it on there and motion by
Monique do we have any uh more comments
about that
motion all right I think um we don't
have to do a roll call but I think on
Zoom it might be better to do a roll
call then you
think sure okay all right so I'm just
going to go down in the order I see
everybody so uh Monique lampy yes Andy
Madison yes Troy Markham yes Jeff Walker
yes Ben Kessler yes Bill Harvey yes
Sarah gold yes heid McCabe yes Jessica
CAD yes Tom Brigden he's on mute
but I don't if he's
there and then Nate green yes so I think
other than Todd we have unanimous
approval all
right
great all right so the second thing um
we need is a
motion Ben tell me what we need again we
need a motion to to enter into the
purchase contract yeah a mo well a
motion to approve the purchase contract
at 420 North
Cassidy okay which obviously the cic
board has discussed in executive session
in the
past has a copy of that been circulated
to board members that is not
no
um well we're just we're just making a
motion right now to authorize the
executive committee to negotiate and
approve a purchase contract that will be
subsequently approved so we're not
necessarily approving the content of
that purchase contract right now
right I'm just trying to get around the
fact that we hav't circul cont has been
negotiated right
Andy yeah yeah we the contract has been
negotiated um
I I guess I thought we in past
purchases excuse me that we had
approval for executive committee or or a
real estate committee to move
forward as long as there was Final board
approval within the
contract right that's
where so it's not an issue that we're
already in
contract um I guess I'm not really sure
what
we're what I think we've already
approved this um approved to be in
contract not approved to purchase the
property I mean it's kind of
a the contract itself has a contingency
on board approval of the contract
correct and so I was anticipating a
question from board members who might
not have seen the contract if we had
circulated that contract and maybe we
can circulate that and Andy you could go
over the highlights of what's in the
contract sure at our next meeting well
don't we need what's our when's our
what's our timeline for
approval uh the hang on the
uh final board approval is not until
February
9th okay so we have a January Su with
board meeting so we can we can go over
that purchase contract then I think it's
January isn't that
right I think that's our next board me
yeah January I think um January we're
gonna have to figure that out because
it's probably it should be the 5th but I
don't know if you all have city council
then okay so we'll just bring that back
at our January meeting for approval of
that contract
right sure okay that was good Andy are
you forwarding the contract on I mean
yeah I'll forward the contract and the
um timing and action calendar
on okay great thanks Andy awesome
all right well cool um well let's let's
uh move on to our finance report so
Heidi do you want to do you want to go
through that real quick sure um the
amounts there are next to each of the
accounts probably the most uh the the
big difference between um this Finance
report and last month's is we did pay
down the line of credit um while with um
First Financial as we're working to
refinance or to uh put in in a new line
of credit with Ohio State Bank so um
there's nothing outstanding under the
line of credit and then the Bexley
Square account um its total amount then
it uh the the funding was paid down from
the Bexley Square account so we're
hoping to have I had a call with Kane
Law Group today to go through some of
the outstanding due diligence on the
line of credit um you know there's not
um an urgency to getting that in place
but we want to get it in place as soon
as possible so hope that will close um
you know if we can get um everyone to
kind of focus and work with us it'll
close
shortly but we have all the approvals um
from the board from the last meeting
we're just working through some of the
due diligence items with Ohio State Bank
yeah thanks Heidi any questions for
Heidi about uh any of the finance
items cool
all right um we need to move into
executive session so um I'm going to
make a motion that we move into
executive
session uh for pursuant to the higher
Revis code 121.2
two um to consider the purchase of
property for public purchases the sale
of property competitive building and the
sale of other distribution of unneeded
obsolete or unfit for use
property um
uh or if premature disclosure of
information given unfree competitive or
bargain advantage of person who personal
private interest in adverse general
public interest I don't know what all
that means um but anyway that's our
motion to move into uh executive session
do I have a
second second thanks Andy uh and then
I'll do roll call for that and I had
sent for all of you I sent an an email
or an invite a calendar invite that has
a separate um Zoom link to it so
hopefully you got that from me it came
from my work email my mantros group
email um so we'll jump into that so with
that uh we need to do a roll call so uh
Ben Kessler yes Andy Madison yes Jeff
Walker yesh Tom Brigman yes Bill
Harvey
zah yeah ID mccab yes Jessica sad yes
Troy Markham yes and Monique
lamkey all right great so we'll move
over to Executive session yeah benon
stay open you're gonna all leave it I'm
gonna stay on it in this account and
then we'll come back to this meeting
when we're done with that other meeting
just to keep things
thanks all right see yall in a
minute for
Tom do you see the info on how to go
over to the other meeting you know what
I'm looking for the email right now I
don't even see it so for some reason I
don't know why I'm not getting these
things
looking for got I've got Nate's home
address one but I don't find it for his
work
address
okay okay he's resending in the meantime
if you want to leave this meeting so I
can I can oh sorry it's it's good shows
you how much I know you're doing well
you're great no he's
G
e
e e
now I see that we're on
YouTube We're on YouTube We're fancy
yeah
all right
so do we have everybody
back we have enough y all all right do I
have a motion to move out of executive
committee so moved seconded all right
moved by Ben seconded by tro all those
in favor say I I I I any
opposed all right great uh do we have
any new business to come before the cic
this
evening old
business all right well with that our
next meeting is scheduled for January
the 5th over zoom and we'll uh get out
um all the meeting information ahead of
time before that do I have a motion for
adjournment before
that motion uh could we've kind of
gotten out of the habit of asking
members of the public if there are any
comments and oh you're right do oh guys
guys one other thing I don't mean to
interrupt but we tonight we supposed to
talk about um Heidi and cod's um resumés
for our city council members to so that
way we don't have to have an appearance
save their time from coming to a city
council meeting um for their new terms
that would go to
2023 I forgot Jess thanks for reminding
me yeah no worries Jen Robinson's on the
call tonight and then um the rest of the
council members Richard Sharp lorianne F
and um Matt Kingler are going to listen
to a recording so Lori Lori is also
lorian's on the call right now as well
Lor awesome cool well then uh Heidi you
get to give because um Todd is not here
you get to give your background and your
resume and why you want to continue to
serve on the cic Heidi and I did not
have any time to
prepare I know I'm so sorry Heidi no I'm
kidding um so I believe I have been a
member of the cic since um
2013 uh when our family relocated from
Manhattan to Bexley I had reached out to
Ben I think there was a posting for
another position that had already been
filled and then there was an opening
that arose on the cic um but my
background is um I'm originally from
Ohio went to Ohio State and then went to
New York for a law school um where I
practiced in real estate development for
about um 10 or 11 years there and then
we relocated with our family back to
Ohio where I have worked in the legal
department um in the real estate
Development Area at Ohio State um so
it's been kind of the basis of my career
is around um real estate and I was very
um we were very excited to move to
Bexley we have two children and we um
moved right before they were ready to
start school so we wanted to become more
active in the community um both for um
ourselves and for our children and kind
of help out where we could so um that's
what kind of initially caused me to um
reach out to Ben about the position um
but at Ohio State I focus mostly on um
not only kind of their you know
Acquisitions and you know sales and all
the leasing work that they do but also a
lot of their strategic development work
and um I'm also involved I'm on the
board or I'm an officer of um campus
Partners which is the um the uh
Redevelopment um Affiliated entity of
the University that focuses a lot on now
their current project is at 15th and
high but has dealt um a lot in weinland
park and kind of other areas in the
University District so um I would love
to be considered for another term of the
cic
board and if anyone has any questions
I'm happy to answer questions as well
well let let's discuss it because I'm
not sure she's as qualified as I thought
she actually um Heidi are you prepared
to give Todd fredman's presentation as
well that's you know I was thinking
about it of whether I could kind of try
to like whip up something for Todd too
so he doesn't have to go to
council what do you got
Heidi well so Todd is I mean Todd is not
here but Todd cover is an attorney at
shottenstein Property Group and he has
been a long serving member of the cic
former
chair um and I would
say an initial board
member board member he was involved he's
been involved in the the Bexley Square
he was involved in our Ferndale mayfl
discussions I mean to's kind of he he he
he provides a lot of insight and um
great information to the cic as we've
gone along he's been a very dedicated
member of the cic as long as he's been
on it and he's smarter than anyone in
the room except for maybe zahi which
they do a throw down we out maybe we
should have go a throw down like a
Jeopardy style kind of qu or
something I just realized I offended
everybody on this call I apologize in
advance hey Ben you Ben you didn't
offend me okay maybe everybody else you
didn't offend me nor me Todd is way
smarter than
than right that same bucket with the not
offending what's the criteria to be
reelected I
mean the first time that there is
re-elections no no you've been
reappointed
zah but I never had the chance to give
this
speech this Z I'll make sure in the
future you get that chance
[Laughter]
okay ID what is what is the most uh
challenging thing about working with
mayor Kesler and then who do we think
Todd freedman's favorite city council
member is those are my questions are
they I will I will answer the first one
someone else can answer that second one
for the challenging thing working with
it um I I haven't found any challenges
working with the mayor he's very um
knowledgeable and quick to respond and I
feel like Fields a lot of different
things even like paint color at Bexley
Square to financing questions so he's
got it covered across the board you
definitely need a second term then you
need more time with
him it's laurianne fibal and I just want
to say that I am without a doubt Todd's
favorite we were we weren't taking
questions from
the I didn't know no I will M myself ask
questions I will now mute
myself oh
shoot well thank you Heidi thanks Heidi
no
problem all right Ben well then let's uh
let's open it up for uh any questions
from the audience although lorian's not
allowed to ask and she already know used
her one question used her one question
she's not allowed we do have a couple
members of the public um if if anyone
would like to ask any questions or
making any comments you would use the
raise your hand feature on the
webinar I do not see any all right
loriann but I think that's oh lorian she
again she's not
allowed yeah does she want to talk again
or did she do that
before I don't know okay
okay all right great well um with that
do I have a motion to
adjourn good moved thanks Jeff second
I'll second thanks Jess all those in
favor say
I any
oppos all right great thanks everybody
have a good thank
you thank