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URA greenlights emergency repair, reviews Park at Fort Gillum operations and draft budget
Summary
The URA confirmed TI Asset Management as the new property manager for Park at Fort Gillum, agreed to open a URA-funded operating account seeded at $150,000, authorized a $7,200 emergency plumbing repair and reviewed a draft operating budget and phased assessment plan for vendor transfers and future RFPs.
Economic development staff reported that TI Asset Management assumed property-management duties at Park at Fort Gillum two weeks ago and has already collected about $47,000 in rent. The URA will open an operating account at Renaissance Bank seeded with an initial URA contribution of $150,000 to cover early operating needs and…
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