As Warren knows, we had an $8,000 per megawatt. Good morning, everyone. It's 9 AM. In theory of Tom, I'll get us started right out with a false order and opening business. So did everyone have a chance to look at our minutes from December 17th? Yes. Okay, I like it. Yeah, do we? I know I haven't made a few minutes. Do we have a new chair? I mean, this is great. I don't want to say anything about Tom. Anyway, sorry. Tom will not be here today. He won't be here, but he said, whatever you do, make sure you give Joe Roman a hard time. That's good. Thank you. You're very welcome. So if everyone's had a chance to review those, were there any corrections, additions, deletions, anything else in a motion? Thank you very much. And do we have a second? I'll second. All right. Old business, in addition of another board member. Yeah, we have just this on here, sitting as old business. I know we had a little bit of discussion before. I don't know if, Emma, you were able to have any conversations. I think there were some conversations. Okay. Okay. So we'll just kind of. Is that like a mystery person? I think there's some confusion because I guess the conversation was that you were going to be appointed, but then I didn't say that it's another seat. Yes. So then there's another person to be. Yes, with Dave it makes eight. I'm not the mystery guy, though. So there's another seat outside of Dave. Is that an at-large seat? Available, yes. Dave's seat is appointed based on his position with the county. There is the at-large seat that is still open. Are you looking for thoughts on that, or do you have something in mind already, a person in mind? I had just recommended maybe someone from within the banking community. We don't really have that on the board now. Could be potential for a new treasurer, too. I like your thinking. So we'll just leave that on there and continue conversations. Go ahead. Yeah, there's a few bankers that we know, like M&T Bank, for example. Does it have to be like a local Shremont Canal, or can it be M&T who has a presence here? My understanding is this is an at-large seat, right? They would have to live in Shremont County, I would assume. They should, yeah. Okay. So next on old business is Paris reporting. So as you all know, it is that time of season. We're getting everything ready. We have to submit. So we did go ahead and the engagement letter, Joe, you have currently. So once you get that signed, we can get that back to EFPR. We do have something scheduled for EFPR to meet with the audit committee prior to last month's meeting. Or March's meeting, I'm sorry. March's meeting. So we'll do that. And then just board evaluations, sexual harassment certificates, board biographies. I'm going to need those. As of right now, I will have all the board evals. I need the sexual harassment certificates and biographies. If you were already a member last year and you are fine with your biography, give me a heads up and just say, hey, just use that. It's fine. Nothing's changed. Otherwise, I could send out an email with a template to show you what the other biographies look like. If you could just write up something, send it to me, or let me know, and I'll help assist in any way. I see you've got a list here. So some people have been complying already. That's good. All right. So we'll go into the financial reports, I suspect. update real quick on the home buyer development program, where Arbor has an option agreement to purchase the three blocks from the land bank. We did apply for that funding. We worked through the underwriting part, and that was approved. So now we are working through the design approvals with HCR. So we are moving in the right direction on that. All right, I guess we will move into One thing I had as I looked at the income statement, the balance sheet, is there any way we can get the balance sheet in the same format, meaning going back to 2022? Can we get more of a window on the balance sheet? So just the same as the income statement with the years back, you know, just turn it sideways. So the only questions I had is, you know, I see the admin fee's gone up a little bit. I also see that we operated at a little bit of a loss, and I just want some explanation around that for the board. Again, as you know, Danielle, it's usually all timing in terms of the way things work, but I think that would be helpful to explain. Yeah, I think a lot of it, so as far as the admin fee, there's a built-in escalator to the MOU that was done two years ago. That way we didn't have to come back every year, so it automatically adjusts September 1st of every year. And then it's just a timing thing, we have started to add in the disbursements when we ask for them instead of when we receive them. But we are working on our next disbursement right now, which is why it shows a loss because we paid out the contractors with the holidays. It was just delayed asking for that money, and I don't know what's the next disbursement. I know you have the form. It's $83,000. But then also you're going to start seeing a surplus because Davis is about to be sold, so once that closes, South Walnut is for sale right now. And then you've got, we had quite a few demos that we thought were going to be rehabs that are now new construction. So those, we're anticipating being done by. It'll take some time. Yeah, next couple months. But yeah, you'll see it. significant surplus, actually. I just want to point out, too, since 2022, the grants that we received and that you applied for, that's really some good work to help the organization. I think sometimes, I mean, certainly sales are good, but I think without the grants, I think it would be difficult for us to function. Absolutely. I think it's also the money in the CD as well. Yep. And we did have a call with HCR to wrap up one of our other grants. They have not made awards on the new funding round that we applied for. I feel like it's a little gray area. They want people to be substantially complete on their existing contract, but don't say what substantially complete is. They told some land banks that 75% spent. We are above and beyond that. Sorry. That's okay. They've still said that all land banks haven't met. the threshold of where they want them to be. So they're holding all the applications for right now and anticipate making awards. And other than that, it looks like everything else is pretty much in line, as I looked at the actuals. There's a few that are out there, but for the most part, everything's pretty much in line. A lot of it was the grounds cost. We had a lot of things that needed to be removed, especially with the new construction. That ate up a lot of that. Did we have any other questions? I would entertain a motion. I'll make a motion. Do we have a second? I'll second. Thank you very much. All right, completed projects. Yeah, so 1839 Davis, when we had discussed this before the offer had come in for the asking price of 1.75, we do need a resolution though for that. Is that particular buyer? Okay. So the board didn't actually go through and do a formal resolution for the sale, which we need for the closing documents. So we need approval to sell. 1839 Davis Street for $147,500 to Tristan McKinney. Do we have a motion to thank Warren and a second to Dave? Thank you very much. And then Emma, we'll just need you to sign that. And later we can give that to you if that works. Oh, I think I missed the all in favor part. Aye. Aye. Walnut Street is still for sale. It's listed at $520,000. Was there a vote on the resolution? Oh. Oh. All in favor, say aye. Aye. I suppose. No, I was quiet here. Michelle heard it, but. OK. Walnut. All right, so South Walnut, 406 South Walnut being sold with 411 South Walnut. currently listed at $120,000. There hasn't been much activity. She thinks that most of it's due to the holiday season and things should pick up. The realtor did also change brokerages. So she was with Signature Properties. She is now with Howard E. Brown. No, Warren Real Estate. Warren. Do you have any extra money in that particular? Because the foundation on that? the first thing you see is, god, this is a really beautiful house. And then you come down, and the foundation along the driveway looks really sketch. Excuse me, looks really compromised in a way. If I pulled into the driveway, that'd be the first thing I looked at, because everything else is so perfect. Just wondering. Yeah, I mean, we could re-parge it. But you have to wait till the weather warms up. Right. OK. Awesome. I guess we'll go into rehab projects. So 325 Weber, we were there last week to take a walk around. The anticipated completion date is the 31st of this month. The exterior is, for the most part, completed. They were inside doing insulation, drywall, getting their electrical inspection. And they were hoping to start. getting all of the walls dry walled last week. Fingers crossed. 823 Johnson, that's the rehab board waiting for the funding to come in. 224 West First Street, demo. I did confirm with SHPO, essentially it'd have to go to the historic, the local historic commission. But, so it doesn't have to go to SHPO unless there's state funding for if there were to be a new building there. But it would have to go through the historic commission. And they believe that your features would need to meet some sort of historical period facade. So that would have to be a contingency if we were to sell it for development. So I don't know if there's a path forward on this, but that is what the state's stance is. I think it's really interesting. The Clinton Columbia Street Historic District, there was a new bill there, 375 West Clinton. And I think that people were kind of like, no, it's going to be a big deal. If you drive by and look at that house, it looks very much like Weber Place, and yet it passed through SHPO. You know what I mean? So I think that as long as people don't get afraid of that, because I think that Historic Preservation Commission has been pretty good. Awesome. So should we list it? Sale? Property? We got CMAs at $10,000 prior. I think based on what you say, yeah. I think we should move forward. Is it on the market? Yeah. All right. So do we have a motion? That is a motion. Joe, thank you. Do we have a second? All right. And all in favor, say aye. Aye. Opposed? All right, motion carries. 10,000. 201 East Miller Street, as we discussed before, it did get the approval for the area variance. We're just waiting on funding to come back for that one for the construction. 450 Underwood. They're moving along. The gas is done. The electrical is done. Insulation has all been completed. They were doing the sheet rock, starting sheet rock this week. So they're moving right along. I got some interior pictures as well. Nice. It's great to see new construction. Sure. Same with Olcott. They're kind of working simultaneously on both. So the siding is done on this one now. finishing that up last week, and then the insulation is all done. And then same thing. So there is, so Heider and I don't know, we'll need your assistance with this. So between the tax thing and the water bills that they're saying that we continue to owe, the town is refusing to install the water meter for construction to continue. And he needs the water meter in order for them to install the gas, and he needs that for the drywall as well. But when he went there, they said not until either the lawyers figure it out or we pay. The lawyers figured it out. Both sides agreed that there should be no taxes. Which the taxes are taken care of, but there's still the water that they are trying to charge us. So I don't... I'll reach out to a supervisor. Okay. Yeah, because I mean it's either we wait or I don't know if we pay it and then try to get reimbursement later, but it's now preventing construction. How much is that, roughly? I don't even remember. I'd have to go back and look. They send it to us and then they stop sending them. It's probably less than $1,000, no? It is. If that's the case, I would just say... I understand to work it out, and that's fine. I would just say pay it, because I think the larger issue is you're compromising construction and getting this in the market for less than $1,000. So I would just suggest to move forward if everyone thinks that. Should we vote on that, Heider, or is that good? I have a meeting Thursday with the attorney anyway, so I'll bring it up. I had a discussion with the attorney last week. The attorney agreed with my assessment that it's an ad valorem that Taxes are not, so I give them state opinions on it. And that's utility, we pay that, but this is an assessment. And assessments are tax exempt because the land bank is considered a public authority. So I provided all the law, just haven't heard back. Okay. I didn't really circumvent and go to the supervisor, but the supervisor knows that I'm talking to the attorney. Okay. Yeah, if you can give us an update tomorrow and then either way we can move forward so that construction can continue. As far as other projects, 19 Smith Road, I don't know if we're working on the agreement for that. So we just, we have a form that we have to submit to the DEC and right now they're scheduling out, we know for us to Benton County property, Elizabeth just did, they are scheduling out to May as of right now. So that's for the delineation to be able to even get that on the schedule. We have to have that agreement to show we don't have ownership, but we do have an agreement that says that we're able to do this stuff. Excuse me. working on that. And 416 West 3rd Street and 34 West 4th Street. I know that we're waiting on the abstracts. We should have it next week. As soon as that comes in, we'll be able to close it. any updates on the near west side? Through the 1005 link that the city was going to take. I know it's a process. Yeah, that's a process. And then new business, new business. I like the word for new. So with Tom not being here, we were going to ask you, because we need to do reappointments for officers and committees. Yeah, so in January we would do the officer re-elections and then the committee re-elections. committees still have Kevin on some of them. So those need to all be reformed. So I don't know. It's up to the board members. If you want to hold an election, you can. If not, then you could table it, do it next month. The bylaws call it in January. If you're OK with it, you can do what? I like to let Tom run the show, because he really loves to do that. So I feel like we should table it until February. And I feel like he's much better at it than I, so we elect him while he's not here. Ah, I like that option. I thought he got stuck. I was all set for a new chair. I don't know. Oh. No, no, no. Treasurer's enough. I can barely handle it. So do we maybe do that single election for the Well, for next month, though, I think would be more comfortable with Tom here. I think so. Do we need to vote to table it, or do we just say it's tabled? Vote. OK. Do I have a motion to table the meeting? Warren, do I have a second? And all in favor, say aye. Aye. Opposed? Motion carries. All righty. So just a heads up for that meeting and just what Danielle was saying about the committees, we have Kevin on the governance committee as well as the audit committee. And both of those committees will be meeting to be able to, the governance committee needs to approve the policies and we take them to the board for final say. And then also with the audit, we're going to need the audit committee to meet with the FPR the morning before the March meeting. So we'll need someone on it for that. Important meeting next week. Next month. Next month. Yes. All right. I think that wraps it up. If no one else has any questions or anything. Do I have a motion to adjourn the meeting? This is great. I'm telling you. Look at this. I guess there's no motion. I'll make the motion. Do we have a second? I'll second it. All in favor, say aye. Aye. Opposed? All right. See you next month. 23 minutes long paper. I mean, I wonder if you'd like. I mean, it's not until October. I thought now we could all bundle up. Yeah, really? We're ready to get back together. You haven't had a chance to thaw yet. I know. They put it out there, 1% disabled. Fantastic.