Rexburg Urban Renewal Agency
Meeting Minutes – May 18, 2022
Rexburg, Idaho
Attendance
Members: Williams Riggins, Tisha Flora, Doug Hancey, Doug Smith and Randall Porter and via Zoom Robert Chambers
City: Scott Miller, Matt Neilson, Mayor Merrill, and Scott Christensen
Visitors: via Zoom Chris Bateman
Administrative Support: Krisi Staten from ECIPDA
Welcome
Chairman William Riggins called the meeting to order.
Administrative Items
The April 27, 2022 Meeting Minutes were reviewed. One amendment was requested to be made to page 2 to better explain the decision of the agency. A motion to approve the minutes as amended was made by Tisha Flora and seconded by Doug Smith. The motion was approved with all members saying “aye.”
The invoices listed were motioned to approve and pay by Doug Hancey and seconded by Randall Porter. The motion passed with all members saying “aye.”
1. Parkers Septic Tank Services: $225.00
2. Elam & Burke: $477.00
3. Elam & Burke: $4,445.80
4. Elam & Burke: $132.95
5. Elam & Burke: $1,448.50
6. Clearwater Financial: $4,102.19
7. Clearwater Financial: $9,710.00
8. Standard Journal: $15.80
District Discussions
North Highway District
No discussion
Washington School District
No discussion
Downtown District
No discussion.
University Boulevard District
No discussion.
North Interchange District
No discussion
North Central District
No discussion
General Discussion
– Banking & Investments: Scott Miller introduced Chris Bateman of Time Value Investments (Public Funds Investing). He reviewed again options for the agency for investing. A motion was made by Tisha Flora and seconded by Doug Smith to enter into an agreement and set up an account with TVI. The motion was passed with all members saying “aye.”
– Discussion of Possible Future Districts: No discussion.
– Broadband Initiative: No discussion.
– Open Discussion: Matt Neilson reviewed in detail with the agency the draft budget. It will be presented for approval in the upcoming months.
Next Meeting Date and Adjournment
The next meeting will be Wednesday, June 15, 2022, at 12:30PM.
Minutes prepared and submitted by Krisi Staten.
Approved by Board on ___________________________________________
X________________________________________________________________________
William Riggins, Chair