2006-11-08 SRA Annual Meeting MinutesSRA Minutes
November 8, 2006
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MINUTES OF THE ANNUAL BOARD MEETING
OF THE SALEM REDEVELOPMENT AUTHORITY
HELD ON NOVEMBER 8, 2006
The Annual Meeting of the Salem Redevelopment Authority (SRA) Board was held in the third floor
conference room at the City Hall Annex, 120 Washington Street, on Wednesday, November 8, 2006
at 6:00pm.
Roll Call
Chairman Michael Brennan called the meeting to order, and on roll call the following members were
present: Michael Brennan, Michael Connelly, and Russell Vickers. Also present were Lynn Duncan,
Executive Director, and Tania Hartford, Economic Development Planner.
Order of Business
1. Annual Report
Lynn Duncan presented the Redevelopment Authority’s Annual Report for the fiscal year ending
June 30, 2006. Ms. Duncan noted that her report included urban renewal and downtown core
projects over the past year, with the Old Salem Jail being the capstone project. The Jail project is
currently finalizing its review at the DRB and Planning Board and should be coming back to the
SRA for final approval next month. The project is on schedule and is still expected to close early
next year.
Mr. Brennan asked if the developer had found a restaurant for the space. Ms. Duncan stated that
they are having problems committing a restaurant to the project, however, the developer is
committed to getting a restaurant in that space.
Ms. Duncan further reported that the 18 Crombie Street project is nearing completion with a
dedication planned for December, the Market Plan is currently out to bid for a consultant to
undertake the project and there were numerous private development projects and plans completed
during the past fiscal year.
Ms. Duncan noted that there were no administrative changes during the fiscal year but Christine
Sullivan did recently resign from the Board.
Mr. Connelly moved to accept the Redevelopment Authority’s annual Executive Director’s report as
presented for the fiscal year ending June 30, 2006. Mr. Vickers seconded the motion, and the
motion passed (3-0).
Financial Report
Ms. Duncan presented the Redevelopment Authority’s annual financial report for the fiscal year
ending June 30, 2006. The board reviewed the report. Ms. Duncan explained the financial activity
for the year noting that they started the year with $85, 615 and ended the year for $115,000.
SRA Minutes
November 8, 2006
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Mr. Vickers moved to accept the Redevelopment Authority’s financial report for the fiscal year
ending June 30, 2006 as presented. Mr. Connelly seconded the motion, and the motion passed (3-0).
2. Election of Officers
Mr. Vickers stated that the officers did a commendable job during the last year and moved that the
same officers be elected for a one year term. The slate is as follows:
Chair Michael Brennan
Vice Chair Russell Vickers
Treasurer Michael Connelly
Mr. Connelly seconded the motion, and the motion passed (3-0).
3. Approval of 2007 Meeting Schedule
Ms. Duncan presented the 2007 meeting schedule for approval.
Mr. Vickers moved that the 2007 meeting schedule be approved as presented. Mr. Connelly
seconded the motion, and the motion passed (3-0).
4. Adjournment
There being no further business, Mr. Vickers moved that the meeting be adjourned. Mr. Connelly
seconded the motion, and the motion passed (3-0).
Meeting stands adjourned.
Respectfully submitted,
Tania Hartford
Economic Development Planner/SRA Staff