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Chamblee DDA approves $300,000 city loan, adopts 2026 budget and orders security work at vacant properties
Summary
The DDA unanimously approved a $300,000 IGA loan from the City of Chamblee, adopted its 2026 budget, accepted the Peachtree Station 2025 annual report and directed staff to secure DDA-owned Pierce and Peachtree Road properties after code and public-safety concerns were reported.
At its Jan. 27 meeting the Chamblee Downtown Development Authority voted unanimously to accept an intergovernmental loan from the City of Chamblee for up to $300,000, approved its 2026 budget and accepted the Peachtree Station 2025 annual report. The board also reviewed security and code-enforcement issues at several DDA-owned properties and directed staff to take short-term measures to secure structures.
The acting chair opened new business by presenting the IGA with the City of Chamblee: the agreement provides up to $300,000 in loan proceeds, initially disbursed in monthly payments of $50,000 beginning Feb. 1, and repayment is due either after the close of the purchase-and-sale or one year after the first payment, according to…
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