The Sunbury Community Authority board of trustees voted to accept the Woodland Lake subdivision into the authority, begin collection of the community development charge for the Ravines at Meadow Ridge and authorize execution of bond and related financing documents to support construction of 4 Winds Drive.

City staff presented a map and spreadsheet showing three parcels expected to be in the NCA once Woodland Lake is added: the Ravines at Meadow Ridge (multi‑story apartments), Eagle Creek (single‑family homes) and Woodland Lake (mixed uses including rental ranch homes, multi‑story apartments and roughly 7.5 acres of commercial frontage). “What you have in front of you then is what the future NCA would look like after the Woodland Lake property is added,” a staff member said during the presentation.

Board members were told the declaration that created the NCA sets a 15‑mill starting charge that is negotiated downward with developers; Eagle Creek’s residential parcels have been negotiated at about 4 mills for single‑family homes. The staff presentation listed the Woodland Lake portion as roughly 211 ranch units, 240 apartments and about 7.5 acres of commercial property, and estimated the adjacent site to the north at about 54 acres of commercial land that the city expects to develop faster if 4 Winds Drive is extended through Woodland Lake.

Caleb Court, the project financial advisor, described the financing package the board approved. He said the plan pools revenues — the city’s TIF (tax increment financing) receipts, the NCA community development charges and other replaced tax abatement revenue — into a cooperative agreement that routes funds to a trustee to pay two bond issuances. “So, yes, it is enough debt. It is enough revenue,” Court said when asked whether the projected receipts support the planned borrowing.

The board approved three formal items by roll call: a resolution initiating collection of the community development charge for the Ravines at Meadow Ridge (Resolution 2025‑1); a supplemental declaration accepting Woodland Lake into the NCA; and an omnibus resolution authorizing the NCA to be a signatory to the cooperative agreement, dispersal/payment agreement, tax‑lien and administration agreements and other bond documents needed for the plan of finance. Each of the three resolutions passed on unanimous recorded votes of members present.

City staff and the financial adviser explained how the construction will be funded and the practical limits of the authority’s liability. Port authorities in Delaware County and Warren County are acting as issuers; the trustee will collect pooled revenues and distribute payments to bondholders. The package includes a tax‑lien agreement with the county treasurer’s office intended to protect the bond structure from competing tax arrangements. Staff emphasized that the authority’s obligation is to certify and collect the NCA charge and remit receipts; the developer provides a land‑secured minimum service payment guarantee to cover debt if parcel values or collections fall short.

Board members asked several procedural and policy questions, including whether developer reporting could be required annually to simplify certification to the auditor; staff said that recommendation would be handled administratively and suggested baking a reporting requirement into the initial term sheet with developers. Staff also said assessed valuations from the county auditor will be added to future reports to show exact millage calculations and cash flows.

Next steps outlined to the board included the pending filing of a draft supplemental declaration for Woodland Lake (expected within weeks), the auditor’s certification of assessed valuations and follow‑up reports showing projected inflows and outflows once assessed values are available. Staff said some revenue should begin from occupied single‑family homes in Eagle Creek as those parcels are certified to the county auditor and collection begins.

The meeting also included routine organizational votes: Anne Frost was elected chair, Randall Rentz vice chair, Tony Kaur secretary and Dana Stefan treasurer (Stefan serves as the city finance director). The board did not set a firm date for its next meeting; staff indicated it plans to return with a revenue breakdown once auditor valuations are available and to propose a budget before the end of the calendar year or in early 2026 if necessary.