[Call to Order] [00:00:08] REDEVELOPMENT AGENCY. THURSDAY, MARCH 19TH, 2026. FIRST ITEM ON THE AGENDA. IS THERE ANY [1. ACTION ITEM: Modifications, Additions, Changes to the Agenda] MODIFICATIONS OR CHANGES TO THE AGENDA? THERE WAS ONE LITTLE. CORRECTION ON THE MINUTES. CHRIS HAGEDORN THAT WAS ATTENDANCE. MARK. MARK. ALL RIGHT. THE FIRST OF ALL ON THE AGENDA THOUGH, IS THERE ANY CHANGES? WE JUST HAVE THE ANNUAL REPORT TO GO OVER. I [2. ACTION ITEM: Approval of Minutes: February 19, 2026] THINK TODAY. ALL RIGHT. HEARING NONE, WE'LL MOVE ON TO THE APPROVAL OF THE MINUTES. BRANT HAS COMMENTED THAT WE NEED TO CHANGE. CHRIS HAGEDORN TO MARK. THAT'S PRETTY GOOD. THANK YOU. MARK WOULD APPRECIATE THAT. ANYTHING ELSE ON THE MINUTES? YES. IS THERE A MOTION TO APPROVE THE MINUTES? IS THERE A SECOND? SECOND? ALL IN FAVOR, SAY AYE. AYE. ANY OPPOSED? SAY [3. ACTION ITEM: Approval of Expenditures and Finance Report] NAY. THE MOTION PASSES. THE NEXT ITEM ON THE AGENDA IS THE FINANCE REPORT FOR DATED MARCH 19TH, 2026. WE HAVE SOME ITEMS, $100 TO REBECCA THOMPSON FOR THE MINUTES. $5,950 TO BRAD KRAMER FOR HIS SERVICES AND IS EXECUTIVE DIRECTOR. AND IN PREPARING IS THAT INCLUDES EVERYTHING I ASSUME. RIGHT. YEAH. THAT'S THAT'S EVERYTHING. WILLOW CREEK. SKYLINE. BROADWAY AND ANNUAL REPORT. ANNUAL REPORT. YEAH. OKAY. ELLEN BURKE HAS LEGAL EXPENSES THAT WE'VE DISTRIBUTED THROUGH THE VARIOUS DISTRICTS. RUNNING COMPANY HAS THEIR EXPENSES FOR AUDIT THAT WE'VE DISTRIBUTED TO THE DIFFERENT DISTRICTS. AND CITY OF IDAHO FALLS HAS EXPENSES FOR THEIR ADMINISTRATIVE SERVICES. ARE THERE ANY COMMENTS OR QUESTIONS ON THE FINANCE REPORT? IS THERE A MOTION TO APPROVE THE FINANCE REPORT? SO MOVED. SECOND, ALL IN FAVOR, SAY AYE. AYE. ANY OPPOSED? SAY NAY. AYE AYE. MOTION PASSES. ALL RIGHT. THE NEXT ITEM ON THE AGENDA IS [4. PUBLIC COMMENT/ACTION ITEM: 2025 IFRA Annual Report] THE IS THE IS THE TIME AND PLACE FOR THE PUBLIC COMMENT ON OUR 2025 IDAHO FALLS REDEVELOPMENT AGENCY ANNUAL REPORT, WHICH HAS BEEN POSTED AND DISTRIBUTED FOR PUBLIC NOTICE. AND WE'RE NOW TAKING COMMENT ON THE ANNUAL REPORT. SO IF ANYONE FIRST OF ALL, WE RECEIVED ANY WRITTEN COMMENT ON THE ANNUAL REPORT DID NOT RECEIVE ANY WRITTEN COMMENT. ALL RIGHT. IF ANYONE HAS ANY COMMENTS ON THE ANNUAL REPORT, WE'LL NOW TAKE TIME TO HEAR THE. VERBAL COMMENT ON THE ANNUAL REPORT. I'VE GOT A COUPLE OF COMMENTS. ONE, I THINK IT'S IT'S WELL DONE. I REALLY LIKE THE EXECUTIVE SUMMARY THAT SHOWS THE TAX INCREMENT VALUES ON THE CURRENT DISTRICTS. I THINK THAT'S A GOOD PIECE OF INFORMATION. IF ANYBODY FOR ANYBODY WHO'S KIND OF LOOKING TO SEE WHAT WE DO, RIGHT. VERY GOOD. WE'LL CLOSE THE PUBLIC COMMENT SECTION FOR COMMENTS. IS THERE ANY OTHER COMMENTS FROM THE BOARD NOTING KIRK'S COMMENT ON THE REPORT? ANY OTHER COMMENTS FROM THE BOARD? WELL, I WAS KIND OF WONDERING WHY WE DON'T HAVE OUR CLOSED DISTRICTS IN THERE THAT HAVE THEIR TOTAL TAX INCREMENT VALUE. I MEAN, THAT WOULD BE INFORMATIVE, I THINK. IN THE PAST, WE HAVE PUT IN SOME HISTORICAL NUMBERS. I DON'T KNOW, BRAD. WHAT DID YOU THINK? I KNEW IT WAS WHEN SOME OF THEM FIRST CLOSED. WE DID THERE. I GUESS MAYBE I SHOULD CLARIFY. ARE YOU ASKING FOR WHAT THAT INCREMENT VALUE WAS AT TIME OF CLOSING OR TODAY? AND CLOSING AT CLOSING AT CLOSING WOULD BE EASIER TO DO TODAY. IT'S BEEN REPORTED ALREADY. YEAH. MAKE. STUFFED A COUPLE LINES. MADE ME THINK ABOUT IT THIS YEAR. BUT IN THE FUTURE I THINK I MEAN, YOU KNOW, OUR FIRST DISTRICT WAS 30 YEARS AND I CAN'T REMEMBER WHAT THE NUMBER WAS. THEY ACTUALLY MEANT TO LOOK IT UP. I'M SORRY I DIDN'T, BUT I THINK THAT'D BE KIND OF INFORMATIVE TO ADD THAT BACK IN. YEAH, I THINK IF YOU'RE, IF YOU'RE TALKING ABOUT THAT TIME OF CLOSING, THAT'S PRETTY EASY [00:05:04] TO DO. WE CAN FIND THOSE NUMBERS. ONE OTHER THING, OR I GUESS TWO OTHER ITEMS THAT, THAT JUST MAYBE SUGGEST TO THE BOARD TO INCLUDE AS WELL IS IT MAY BE TIME TO REVISIT THE MISSION STATEMENT. I THINK THERE'S SOME PROGRESS THAT'S BEEN MADE, MAYBE A LITTLE OUTSIDE THAT ORIGINAL MISSION STATEMENT. BUT ALSO I WANTED TO POSE THE IDEA OF PUTTING IN SOME PERFORMANCE METRICS. AND MAYBE, MAYBE THAT'S NOT AN ANNUAL REPORT. BUT, YOU KNOW, WE, WE KIND OF PREDICT HOW THESE THINGS ARE GOING TO DO. WE SIGN AGREEMENTS OF HOW THEY'RE GOING TO DO, BUT WE DON'T REALLY MEASURE HOW THEY'RE ACTUALLY DOING IN COMPARISON AND MIGHT, MIGHT BE SOME INTERESTING DATA TO INCLUDE IN THE FUTURE AS WELL. I'LL THROW THAT OUT THERE. ALL RIGHT. THAT'S GOOD. I KNOW SOME OF THOSE CLOSING NUMBERS ARE AVAILABLE IN THE PAST ANNUAL REPORTS THAT ARE AVAILABLE ONLINE. BUT IT DOES. THAT IS ALSO THAT WOULD BE THAT IS USEFUL INFORMATION. THE OTHER THING THAT'S USEFUL INFORMATION IS A LOT OF THOSE HAVE GROWN FAR BEYOND WHERE THEY WERE WHEN WE CLOSED THEM. AND THAT'S ALSO A VERY POSITIVE SIGN. SO OKAY, ANY OTHER COMMENTS? ALL RIGHT. WITH THAT THEN WE HAVE AN [5. ACTION ITEM: Consider Resolution 26-02 Approving the 2025 Annual Report, Authorize Filing the Annual Report with the City Clerk and the Idaho State Controller’s Office as required by Idaho Law, and Authorize Publication of the Legal Notice Filing] ACTION ITEM ON RESOLUTION 2602 TO APPROVE THE 2025 ANNUAL REPORT. MEGAN, COULD YOU READ THAT TO US BY TITLE? SARAH. THANK YOU, MR. CHAIR. COMMISSIONERS, RESOLUTION NUMBER 20 6-02 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 THE IDAHO FALLS REDEVELOPMENT AGENCY, TO BE TERMED THE ANNUAL REPORT RESOLUTION APPROVING THE ANNUAL REPORT OF THE URBAN RENEWAL AGENCY FOR CALENDAR YEAR 2025. APPROVING THE NOTICE OF FILING THE ANNUAL REPORT WITH THE CITY AND IDAHO STATE CONTROLLER AUTHORIZING ANY TECHNICAL CORRECTIONS TO THE ANNUAL REPORT AUTHORIZING THE CHAIR, VICE CHAIR, AGENCY EXECUTIVE DIRECTOR TO FILE SAID REPORT AND PROVIDING AN EFFECTIVE DATE. VERY GOOD. THANK YOU. MEGAN, IS THERE A MOTION TO APPROVE RESOLUTION 2602? I MOVED TO APPROVE RESOLUTION 2602 AS PRESENTED. VERY GOOD. IS THERE A SECOND? SECOND. ALL IN FAVOR, SAY AYE. I, I ANY OPPOSED SAY NAY. ALRIGHT, THAT MOTION PASSES. THANK YOU. SO WE'LL GET THAT SOON. EXECUTIVE DIRECTOR. YOU'LL GET THAT POSTED AND FILED WITH THE WITH THE STATE COMPTROLLER'S OFFICE AND THE CITY CLERK. RIGHT. VERY GOOD. NEXT ITEM. SO THAT'S I ALSO SHOULD NOTE THAT IN OUR PACKET WE HAVE AN UPDATE FROM. BRAD KRAMER IS THE EXECUTIVE DIRECTOR OF HIS ACTIVITIES THIS MONTH. IT'S NOT AN ITEM ON THE AGENDA, BUT WE DO HAVE THAT TO KEEP US ALL UP TO DATE. AND IT WAS INCLUDED IN THE PACKET. IS [6. DISCUSSION ITEM: RAI and Legislative Update] THERE ANY UPDATES? NEXT ITEM IS THE UPDATES ON OUR AI AND LEGISLATURE. MEGAN, DO YOU HAVE ANY UPDATES ON THAT? THANK YOU, MR. CHAIR. COMMISSIONERS, WE DO APPEAR TO BE ENTERING INTO THE FINAL PHASE OF THE LEGISLATIVE SESSION. WE ARE SEEING SOME BUDGETS START TO GET ADOPTED AND MOVING THROUGH THE SYSTEM. THERE'S STILL SOME RUMBLINGS ABOUT TRYING TO FIX HOUSE BILL 389, WHICH WOULD ADDRESS THE RECENT BUDGET CONSTRAINTS OF THE LOCAL TAXING DISTRICTS. SO IF THAT WERE TO BE SUCCESSFUL, THAT WOULD BE HELPFUL. WE'RE STILL TRACKING THAT HOUSE BILL 670, ADDRESSING THE FIRE AND EMS DISTRICTS. RIGHT NOW. IT'S ON THE SENATE AMENDING ORDER, WHICH IT MAY JUST STAY THAT WAY. SO THINGS ARE COMING TO AN END FOR THIS SESSION. ALL RIGHT. VERY GOOD. LET'S SEE. I JUST GOT A QUESTION. IS IT WOULD IT BE APPROPRIATE TO HAVE BRAD GIVE US JUST HIS UPDATE HE WROTE DOWN IN HERE. BUT WE DON'T HAVE IT ON THE AGENDA. SINCE WE DON'T HAVE A STAFF REPORT OR AN OPEN GENERAL COMMENT SECTION ON OUR AGENDA. IT'S PROBABLY NOT APPROPRIATE THIS TIME, BUT I THINK IT'S A GOOD IDEA TO HAVE THE DISCUSSION ABOUT WHETHER THAT SHOULD JUST BE A REGULAR AGENDA ITEM MOVING FORWARD. JUST THE EXECUTIVE DIRECTOR REPORT. YEAH, I THINK THAT WOULD BE GOOD. I'D PROBABLY AT THE END, SO AS NOT TO PREEMPT THE DISCUSSION OF INDIVIDUAL ITEMS IN A MEETING, BUT MAYBE AT THE END BEFORE THE RTI UPDATE, JUST TO GET THAT SO THAT WE CLEAN UP. SO WE NOT ONLY HEAR THE THINGS THAT ARE ON THE AGENDA, BUT ALSO OTHER THINGS THAT HAVEN'T MADE IT ON THE AGENDA. SO LET'S, LET'S DO [00:10:05] THAT NEXT MONTH AND SEE HOW THAT WORKS. ALL RIGHT. WITH THAT, OUR NEXT MEETING WILL BE [7. Next Meeting: April 16, 2026] ON APRIL 16TH. IS THERE A MOTION TO ADJOURN? SO MOVED. IS THERE A SECOND? SECOND. ALL IN FAVOR SAY AYE. AYE AYE. ANY OPPOSED? SAY NAY. ALL RIGHT. THIS MEETING IS * This transcript was compiled from uncorrected Closed Captioning.