Hudson Redevelopment Commission

February 26, 2010

 

 

 

The Hudson Redevelopment Commission met in the Hudson Town Hall on February 26. 2010. The President Kathy Kope called the meeting to order at 6:20 pm. Kathy Kope that the minutes of the previous meeting be approved, seconded by Brian Hayes. Motion carried.

 

Those in attendance were: Steve Smith, Brian Hayes, Brenda Mast, Andy Mast, Gene Hamm, Bill Ebert, Randy DePew, Natasha DePew, Natalie DePew, Gary Kope, Justin Pence, Phil Dawson, Jennifer, Jamie McClintock, Tatsy Hayes, and Ward Odom.

 

At the end of 2009, the Redevelopment Commission had a debt of $ 179,676.53 which is being repaid at the rate of $ 26,000 per year. Additionally, there is a payment to the developer of the Family Dollar store of $ 8,000 per year. The combined debt payments are $ 34,000 per year and existing funds and future property taxes from the TIF District will be sufficient to meet the requirements.

 

President Kathy Kope presented the annual report to the Town Council concerning the status of the TIF District at the close of 2009.  The letter was signed and will be presented at the council meeting.

 

B. Hayes motioned that the present officers and board be reelected to serve for 2009.  Brian Hayes seconded this motion.  The motion carried.

 

                                    President           Kathy Kope Town Council

                            Vice-President          Steven Smith

                                                              Brian Hayes Town Council                                                                                                     Jamie McClintock    

                                                              Atta “Tatsy” Hayes Clerk Treasurer

                                                              Ward Odom Town Manager

 

Having no further business, the B. Hayes motioned, seconded by S. Smith to adjourn the meeting.  Meeting adjourned at 6:30 pm.

 

Respectfully submitted,

 

 

Atta “Tatsy” Hayes

Clerk-Treasurer

 

 

Minutes approved by

President Kathy Kope