[00:00:07]
ALL RIGHT. WELCOME TO THE MEETING THAT OF FALLS REDEVELOPMENT AGENCY ON THURSDAY, AUGUST 28TH, 2025. WE. OUR FIRST IS FIRST. ARE THERE ANY MODIFICATIONS OR CHANGES TO
[1. ACTION ITEM: Modifications, Additions, Changes to the Agenda]
[2. ACTION ITEM: Approval of Minutes: July 17, 2025]
THE AGENDA? HEARING NONE, WE'LL MOVE TO THE APPROVAL OF THE MINUTES FROM THE JULY 17TH, 2025 MEETING. IS THERE A MOTION TO APPROVE THE MINUTES OF THE JULY 17TH, 2025 MEETING? SO MOVED? IS THERE A SECOND? SECOND? ALL IN FAVOR, SAY AYE. I. I. AYE, MOTION PASSES[3. ACTION ITEM: Approval of Expenditures and Finance Report]
UNANIMOUSLY. OKAY. THE NEXT ITEM ON THE AGENDA IS THE APPROVAL OF THE EXPENDITURES AND FINANCE REPORT. THAT HAS BEEN PREPARED. WE HAVE ON THE FINANCE REPORT, WE HAVE SEVERAL EXPENDITURES FROM FROM RIVER COMMONS, $200 FOR THE PREPARATION OF THE MINUTES TO BECKY THOMPSON, $4,512.75. TO BRAD KRAMER FOR HIS WORK IN CONNECTION WITH. THE NEW AREA AND THE OLD AREA FOR THE RIVER TOWN. YES, I THINK IT INCLUDES BOTH $5,965 TO EDMUND BURKE FOR LEGAL SERVICES AND $830 TO CITY OF IDAHO FALLS FOR ADMINISTRATIVE SERVICES. ON TOP OF THAT, WE ALSO HAVE TWO OPA PAYMENTS THAT WE MADE, ONE FOR FOR $441,596 TO BALL VENTURES, AND ANOTHER FOR $10,000 TO BAND IN ROOM. AND THE BRIDGE FUND. THERE'S $200 PAID TO. BURKE FOR LEGAL SERVICES AND $100 TO CITY FOR ADMINISTRATIVE SERVICES AND ALSO OWNER PARTICIPATION PAYMENT OF $40,746 TO EAGLE RIDGE DEVELOPMENT. AND FINALLY, THE JACKSON HOLE AREA. THERE IS A PAYMENT OF $100 FOR LEGAL SERVICES, $100 TO CITY OF IDAHO FALLS FOR ADMINISTRATIVE SUPPORT AND AN OWNER PARTICIPATION AGREEMENT PAYMENT OF $259,880 TO JACKSON HOLE JUNCTION. SO OUR PAYMENTS TO JACKSON HOLE JUNCTION ARE FINALLY GETTING GOING AFTER AFTER THAT WAS DEVELOPED A NUMBER OF YEARS AGO. ALL RIGHT. ANY QUESTIONS ON THE FINANCE REPORT? IS THERE A MOTION TO APPROVE? I'LL MAKE A MOTION TO APPROVE THE FINANCIAL REPORT.IS THERE A SECOND? SECOND? ALL IN FAVOR, SAY I. I. I OPPOSED SAY NAY. AYE. MOTION PASSES
[4. ACTION ITEM: Public Hearing to Consider the FY 2025-2026 Budget]
UNANIMOUSLY. OKAY. THE NEXT ITEM ON THE AGENDA IS THE. THIS IS THE TIME AND PLACE FOR THE PUBLIC HEARING TO CONSIDER THE FISCAL YEAR 2025 2026 BUDGET. WHICH HAS BEEN PUBLISHED. IN ACCORDANCE TO THE RULES. THE BUDGET IS AVAILABLE AT THE BACK OF THE RESOLUTION THAT YOU HAVE BEFORE YOU. SO WE'LL NOW OPEN THE FLOOR FOR ANY. LET'S SEE. FIRST DO WE NEED TO INTRODUCE IT ALL? WE'VE ALL SEEN IT. I THINK WE'VE WE'VE APPROVED THE TENTATIVE BUDGET. LAST MONTH WE PUBLISHED IT. ANY FURTHER PRESENTATION? WE DIDN'T HAVE ONE PLANNED. BUT IF YOU IF YOU WOULD LIKE ONE I GUESS IF YOU HAVE ANY QUESTIONS OR ANYTHING. CASSIE WENT OVER IT LAST MEETING. SO. OKAY. I THINK IT'S BEEN IT'S BEEN PRESENTED LAST MONTH. WE APPROVED THE BUDGET.WE PUBLISHED IT I THINK. YES. AND SO IT'S NOW THE TIME TO HEAR ANY PUBLIC COMMENT ON THE FISCAL YEAR 2025 2026 BUDGET. SO NOW, WELL, FIRST OF ALL, HAVE THERE BEEN ANY WRITTEN COMMENTS OR SUBMISSIONS IN RELATION TO THE BUDGET? STAFF HAS RECEIVED NONE. AND THE ADVERTISING, AS YOU SAW, IS ON THE BACK OF OUR STATE STATUTE. SO WE HAVEN'T RECEIVED ANYTHING.
AND THERE'S NO ONE HERE EITHER AS WELL. ALL RIGHT. WE'LL OPEN IT FOR OPEN THE MEETING FOR PUBLIC COMMENT ON THE BUDGET, ON OUR ON OUR FISCAL YEAR 2025 2026 BUDGET. SO IF ANYBODY WANTS TO APPEAR AND MAKE COMMENT ON OUR BUDGET, PLEASE APPROACH. I DO NOT SEE ANYONE
[00:05:02]
HERE PRESENT. I DON'T BELIEVE WE HAVE ANYONE ELSE ONLINE THROUGH REMOTE PARTICIPATION.SO WITH THAT, WE'LL GO AHEAD AND CLOSE OUR PUBLIC HEARING ON THE FISCAL YEAR 2025 2026 BUDGET. ANY ANY FURTHER DISCUSSION WE MUST TO HAVE ON THE FISCAL YEAR 2025 2026
[5. ACTION ITEM: Resolution Approving the FY 2025-2026 Budget]
BUDGET. OKAY, THEN, MEGAN, COULD YOU READ THE RESOLUTION 2025 DASH 13 BY TITLE? CERTAINLY. THANK YOU, MR. CHAIR. COMMISSIONERS, YOU HAVE BEFORE YOU RESOLUTION NUMBER 2025 DASH 13 BY THE BOARD OF COMMISSIONERS OF THE URBAN RENEWAL AGENCY OF IDAHO FALLS, IDAHO, A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE URBAN RENEWAL AGENCY OF IDAHO FALLS, IDAHO, ALSO KNOWN AS IDAHO FALLS REDEVELOPMENT AGENCY, TO BE TERMED THE ANNUAL APPROPRIATION RESOLUTION APPROPRIATING SUMS OF MONEY AUTHORIZED BY LAW AND DEEMED NECESSARY TO DEFRAY ALL EXPENSES AND LIABILITY OF THE URBAN RENEWAL AGENCY. FOR THE FISCAL YEAR COMMENCING OCTOBER 1ST, 2025 AND ENDING SEPTEMBER 30TH, 2026, FOR ALL GENERAL, SPECIAL AND CORPORATE PURPOSES. DIRECTING THE CHAIR OR EXECUTIVE DIRECTOR TO SUBMIT THE RESOLUTION AND BUDGET TO THE CITY OF IDAHO FALLS AND ANY OTHER ENTITY ENTITLED TO A COPY OF THE RESOLUTION AND BUDGET AND PROVIDING AN EFFECTIVE DATE. THANK YOU. MEGAN. ALL RIGHT.THE RESOLUTION 2025 DASH 13 HAS BEEN HAS BEEN READ. IS THERE A MOTION TO ADOPT RESOLUTION 20 2513? MR. CHAIR, I MOVE WE ADOPT RESOLUTION 20 2513 AS PRESENTED. ALL RIGHT. IS THERE A SECOND? SECOND. ALL RIGHT. ANY FURTHER DISCUSSION ON THAT MOTION? ALL RIGHT. COULD WE HAVE A ROLL CALL VOTE AN. TERRY. YES, MR. BERTRAM. YES. CHRISTOPHER HARVEY. YES. CHRIS PALKO. YES. LEE RADFORD. YES. FRANK THOMPSON. YES. CARL CASPERSEN. YES. VERY GOOD.
MOTION PASSES. THANK YOU FOR FOR BEING HERE SO WE CAN GET THAT BUSINESS DONE FOR THE
[12. Next Meeting: September 18, 2025]
DEADLINE, WHICH IS IN A COUPLE OF DAYS. OUR NEXT MEETING WILL BE SEPTEMBER 18TH, 2025. IS THERE A MOTION TO ADJOURN? MOVE TO ADJOURN. IS THERE A SECOND? SECOND? ALL IN FAVOR, SAY AYE.ANY OPPOSED? SAY NAY. MOTION PASSES
* This transcript was compiled from uncorrected Closed Captioning.