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Redevelopment staff reports fund balances and RFP responses as commission plans mission and quick wins
Summary
The director reported roughly $1.1 million in unappropriated cash and a $580,000 CD in the redevelopment fund, reminded commissioners that comprehensive-plan proposals are due by 4 p.m. tomorrow and encouraged members to submit draft mission/vision language and identify 1–3 quick-start projects.
At a Redevelopment Commission meeting, staff presented the commission's current financial position and reopened discussion of the comprehensive-plan RFP, next steps on mission and vision, and youth entrepreneurship programming.
Budget highlights: the staff director said the community development budget (fund 11/12) accounts for roughly $460,000 and reported "We have approximately $1,100,000 in cash not appropriate" plus a $580,000 certificate of deposit,…
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