ACDC Minutes - 08/25/2020

MINUTES
AUBURN COMMUNITY DEVELOPMENT CORPORATION
The Board of Director's Regular Meeting
August 25, 2020

The Board of Directors of the Auburn Community Development Corporation ("ACDC") met on Tuesday, August 25, 2020, via Zoom due to COVID-19.

CALL TO ORDER

The Board of Director's Regular Meeting was called to order at 12:57 pm by Sharon Tolbert, President.

ROLL CALL

Present: Nolan Torbert, John Saidla, Marguerite White, Robert Smith, Deborah Hand, and Sharon Tolbert Others Present: Sandra Sanders
Absent: None
There was a quorum for the purpose of conducting business.

APPROVAL OF THE AGENDA

President Tolbert asked if there were any changes to the Agenda. There were no changes. President Tolbert asked for a motion to approve the Agenda. Director White moved that the Agenda be approved as received. Director Saidla seconded said motion and all members voted aye. President Tolbert declared the Agenda approved.

APPROVAL OF MINUTES

President Tolbert asked if there were any corrections to the July 28, 2020 Regular Meeting Minutes. There were no corrections. President Tolbert asked for a motion to approve the Minutes. Director Saidla moved that the Minutes be approved as received. Director White
seconded said motion and all members voted aye. President Tolbert declared the Minutes approved.

PUBLIC COMMENTS

There were no public comments.

TREASURER'S REPORTS

There was no Treasurer's Report.

UNFINISHED BUSINESS

A. Affordable Housing Initiative

President Tolbert presented the Board with property acquisition opportunities that may be used for homeownership, project-based vouchers, VASH, and/or tenant-based vouchers (Section 8). The Board was provided information related to the properties. There was various discussion about the properties. President Tolbert will explore the properties further and forward the Board a recommendation on how to proceed.

NEW BUSINESS 

A. Procurement Requirements

The Board was provided information from the attorney regarding the procurement requirements. The information was discussed.

B. Next Meeting

The next meeting will be held via Zoom on September 29, 2020.

OTHER BUSINESS

There was no additional business.

ADJOURNMENT

There being no further business, President Tolbert asked for a motion to adjourn. Director White moved that the meeting be adjourned; Director Saidla seconded. The meeting was adjourned at 1:15 pm.

Attachment A
(Posted on website and Administrative Office)