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Redevelopment Commission approves CDBG amendments, parking license and routine financial registers

Regal Development Commission · February 24, 2026
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Summary

On Feb. 23 the commission unanimously approved CDBG grant amendments, a temporary parking license for Centerstone, two claims/payroll registers and retained the current officer slate; one environmental addendum was pulled for revision.

The Regal Development Commission unanimously approved a set of consent and business items at its Feb. 23 meeting, including CDBG grant amendments, temporary property agreements and routine financial registers.

The commission approved a first amendment to a 2023 CDBG physical improvement grant for the recipient named in the packet (transcribed as “new vote for families”), increasing the award by $8,587.60 to a total of $41,087.60 and extending the completion date to Dec. 31, 2026. Staff said the additional funds are CDBG funds and that the amendment incorporates updated CDBG regulatory language.

Commissioners also approved an amendment to a 2024 CDBG physical improvement grant with the Summit Hill Community Development Corporation, increasing the award by $51,012.43 to a total of $200,000, adding concrete work from the street to the playground into the project scope, and extending the contract to Dec. 31, 2026.

The commission authorized the director of Housing & Neighborhood Development to grant rights of entry for redevelopment commission properties so staff can process event requests. Staff said authorizations will be conditional on a certificate of insurance and indemnification; the authorization was adopted unanimously.

The commission approved an agreement allowing Centerstone to use the parking lot at 1714 South Roberts Street under a limited, non‑exclusive license through the end of the year, terminable on 15 days' notice. Commissioners asked staff to correct resolution language to consistently refer to “parking” (not “storage”); staff agreed and the resolution passed as amended.

On financial items, the commission approved the claims register for invoice dates Jan. 31–Feb. 13, 2026, the earlier Jan. 17–30 claims item (after staff provided bond payment detail), and two payroll registers (Feb. 6 and Feb. 20). Staff explained one claim was a biannual bond payment on the 2024 TIF refunding bonds; the Treasurer identified the payment as $670,000 of principal and $629,375 in interest plus a trustee fee.

The commission also retained the current slate of officers for the remainder of 2026. One item — an addendum for environmental services at College Square (resolution 26‑16) — was pulled from the agenda and will return in revised form.

All recorded roll‑call votes on the packet items were unanimous.