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QUESTIONS.

[1. Call to Order]

[00:00:08]

I WILL CALL THE MEETING TO ORDER FOR THE CHAMBLEE DOWNTOWN DEVELOPMENT AUTHORITY.

APRIL 28TH, 2026. DO A QUICK ROLL CALL. MIKE ESCOBAR IS TRAVELING.

JOHNATHAN SMITH. HERE HERE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH IT STANDS.

ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL ALRIGHT. FIRST ITEM IS APPROVAL OF MINUTES. EVERYBODY HAVE A CHANCE TO READ THE MINUTES?

[2. Approval of Minutes]

VERY GOOD. ANY DISCUSSION ON? WE'LL WE CAN TAKE THESE ONE AT A TIME.

SO WE'LL START OFF WITH THE MARCH 24TH, 2026 MINUTES.

CAN I GET A MOTION TO APPROVE? MOTION TO APPROVE DOWNTOWN DEVELOPMENT REGULAR MEETING NOTES.

MARCH 24TH, 2026. AGAIN, A SECOND. SECOND. ALL THOSE IN FAVOR? THAT IS UNANIMOUS. ALRIGHT. FOR THE MEETING MINUTES OF MARCH 24TH, 2026 EXECUTIVE SESSION.

ANY DISCUSSION ON THAT? CAN I GET A MOTION FOR APPROVAL? SECOND AND THE FINAL IS THE SPECIAL CALLED MEETING ON APRIL 7TH, 2026.

ANY DISCUSSION? CAN I GET A MOTION? OF APRIL 7TH. SECOND. ALL THOSE IN FAVOR? AND THAT IS UNANIMOUS.

ALL RIGHT. CHAIR'S REPORT. JUST TO LET YOU KNOW THAT THE TRANSIT.

[3. Chair's Report]

TRANSACTION TO SELL OUR LITTLE 180FT² OF PROPERTY TO TAP AND MARKET IS ALL DONE.

SO EVERYTHING'S IN THE CAN SIGNED OFF AND ALL THE DOCUMENTS ARE SEALED AND DELIVERED SO THAT THAT IS BEHIND US NOW.

AND I THINK GEO-HYDRO, DID THEY COME OUT LAST FRIDAY? YES, THEY CAME OUT LAST FRIDAY TO DO SOME MORE SAMPLES.

YEAH. WE JUST, JUST TO LET YOU KNOW, THEY WANTED TO DO SOME MORE SAMPLES FOR TO SUBMIT TO THE BROWNFIELD APPLICATION.

SO THAT'S ALL I HAVE FOR THE CHAIR'S REPORT.

I THINK IT WAS. IT WAS ALL NON-PIERCE PROPERTIES.

YEAH, NON-PIERCE. IS THAT I DON'T THINK IT WAS ANYTHING TOO CONCERNING BECAUSE I WANT TO SAY THAT THE BORING WAS LIKE HANDHELD BORING.

SO IT WASN'T LIKE REAL DEEP COURSE SO IT WAS JUST KIND OF ON THE SURFACE.

THAT LEADS ME TO BELIEVE IT'S FAIRLY INNOCUOUS, SO FAIRLY ROUTINE THANK YOU.

ALL RIGHT, MOVING ON. FINANCIAL REPORT. JONATHAN.

[4. Financial Report ]

YEAH. NOTHING MAJOR TO REPORT. WE HAVE NOW DRAWN HALF OF OUR LOAN AMOUNT FROM THE CITY, SO WE'RE $150,000 DRAWN WITH $150,000 LEFT. WE ARE GOING TO TALK ABOUT THIS LATER, BUT WE HAVE A, AN ADMIN PAYMENT FROM LUMEN TUNE OF ABOUT $190,000. SO WITH OUR CURRENT BALANCE OF 130, ADD IN THAT APPROXIMATELY 200, WE'LL HAVE A PRETTY HEALTHY BALANCE SHEET. SO SOMETHING TO JUST CONSIDER, I THINK OVER THE NEXT FEW MONTHS IS WHETHER WE PUT A HOLD ON OUR DRAWING ON OUR LOAN. OBVIOUSLY KEEPING IN MIND THE CLOSING AND MAKING SURE WE'RE ALL TIED UP THERE.

SO JUST SOMETHING TO THINK ABOUT. ANY QUESTIONS I AGREE THAT WE SHOULD DEFINITELY HOLD OFF ON THE WITHDRAWAL UNLESS WE HAVE A FUND TO BALANCE IT.

BUT THEN BUT NOT CLOSE IT, NOT GIVE IT, NOT END IT OR ANYTHING LIKE THAT, BECAUSE YOU NEVER KNOW UNTIL ALL THE OTHER WE ARE CLOSED.

WE YEAH, WE'RE ANTICIPATING GETTING SOME MONEY COMING IN FOR VARIOUS REASONS.

BUT I AGREE WITH YOU, I THINK NOT CLOSE IT. LET'S JUST IN CASE.

SO I DID WANT TO POINT OUT THEY'RE SET FOR THE FIRST OF, OF EVERY MONTH.

SO AT THIS POINT WE ARE SET TO RECEIVE THE NEXT DRAW ON MAY 1ST OR BY MAY 1ST.

SO THAT WOULD ONLY LEAVE TWO MORE DRAWS. SO IF YOU DO WANT TO CONSIDER PAUSING THAT, LET'S HAVE THAT DISCUSSION SOONER RATHER THAN LATER.

[00:05:01]

COPY THAT. WOULD YOU WANT TO HAVE A MOTION TONIGHT OR IS THAT SOMETHING WE SHOULD WAIT? I THINK IT'S PROBABLY JUST A DISCUSSION THAT WE NEED TO HAVE AND JUST KIND OF REVIEW EVERYTHING BEFORE WE MAKE A DECISION ON THAT.

DO WE HAVE ANYTHING ON THE HORIZON PAYMENTS DUE ON THE HORIZON THAT WOULD TAKE US TO CLOSE TO ZERO THAT WE WOULD? NOT, TO MY KNOWLEDGE, BUT EXCEPT FOR ATTORNEY'S FEES, WHICH ARE KIND OF EVER EVOLVING.

SO I THINK IF MATT AND I AND ASHLEY COULD TALK OVER THE NEXT MONTH, SOMETIME BEFORE OUR NEXT MEETING, WE CAN KIND OF TAKE A LOOK AT WHAT'S COMING DUE AND WHAT OUR BALANCE.

CLOSE OUT THE BOND WITH THE WHOLE FOODS DEVELOPMENT.

AND IT WAS SUPPOSED TO HAPPEN ON APRIL 22ND. AND AFTER TALKING WITH COUNCIL TONIGHT THEY WERE RUSHING TO GET US TO THAT POINT AND WE'RE WAITING ON THEM.

SO IT DIDN'T HAPPEN ON APRIL 22ND, BUT WE WILL GET.

SO THAT WE HAVE ANOTHER.

THAT SOUNDS RIGHT. SO WE SHOULD BE IN GOOD SHAPE.

GOING INTO NEXT MEETING WITH A RECOMMENDATION, I THINK, AS TO WHETHER TO, YOU KNOW, HIT THE PAUSE BUTTON ON THE OKAY. ALL RIGHT.

TRUE WE'LL STILL TAKE THE MAY PAYMENT, WHICH WOULD BE ANOTHER 100 ANOTHER 50.

YES SO THE NEXT MEETING. IS FOR TUESDAY OF MAY.

SO THAT SHOULD BE THE 26TH. SO THAT WOULD BE PLENTY OF TIME TO MAKE THAT OFFICIAL DECISION.

AND THAT'S ALSO SOMETHING TO IF WE HAVE AN IDEA WE'RE HEADING. THAT WAY I CAN GIVE OUR FINANCE DEPARTMENT A HEADS UP THAT THAT'S COMING WELL BEFORE THAT AS WELL.

EXCELLENT. ALL RIGHT. IS THAT GOOD WITH THE FINANCIAL REPORT? ANY OTHER QUESTIONS? SO OLD BUSINESS. SINCE IT KIND OF CAME UP WITH FINANCIAL.

[5. Old Business]

I JUST WANTED TO LET YOU GUYS KNOW THAT THE PEACHTREE STATION CLOSING, THE BOND TERMINATION CLOSING IS WE'RE WAITING ON THE OTHER TEAM.

WE'RE READY TO GO. LIKE I SAID, IT WAS SUPPOSED TO HAPPEN APRIL 22ND, BUT IT DIDN'T.

AND WE'RE JUST WAITING ON THEM. WE HOPE IT HAPPENS SOON.

AARON, DO YOU HAVE ANY KNOWLEDGE ABOUT THAT? WE'RE JUST KIND OF WAITING ON THEM.

[6. New Business]

WELL, THE TIME HAS COME FOR US TO FINALLY VOTE ON THE CITY CENTER MULTIFAMILY AND RETAIL BOND RESOLUTIONS. WE'RE GOING TO I WANT TO DO THESE SEPARATELY.

SO I WILL NEED SOMEBODY TO A MOTION TO APPROVE THE MULTIFAMILY.

WELL, FIRST OF ALL, IS THERE ANY DISCUSSION ON THIS? WE'RE ALL GOOD ON THAT? VERY GOOD. ALRIGHT. SO I'LL NEED A MOTION TO APPROVE THE MULTIFAMILY RESOLUTION IN THE FORM PRESENTED.

MOTION TO APPROVE THE CITY CENTER MULTIFAMILY BOND RESOLUTION IN THE FORM PRESENTED.

SECOND. ALL THOSE IN FAVOR. AND THAT IS UNANIMOUS.

NOW IF I CAN GET A MOTION TO APPROVE THE RETAIL BOND RESOLUTION IN THE FORM PRESENTED.

MOTION TO APPROVE THE CITY CENTER RETAIL BOND RESOLUTION IN THE FORM PRESENTED.

THE SECOND? SECOND. ALL THOSE IN FAVOR? AND THAT IS UNANIMOUS.

WELL, CONGRATULATIONS LADIES AND GENTLEMEN. THIS IS A HUGE STEP.

THIS IS YOU KNOW WHEN THE DDA FORMED IN 2013, I THINK THE FIRST PROJECT THAT WAS KIND OF TRANSFORMATIVE IN THIS RENAISSANCE THAT WE'RE IN RIGHT NOW WITH CHAMBLEE WAS THE OLMSTED, WHICH IS NOW THE OLIVER, WHICH IS THAT WAS THE FIRST DDA PROJECT.

SO THAT WAS A VERY BIG, IMPORTANT STEP. WHOLE FOODS, I THINK WAS NEXT, ANOTHER HUGE STEP.

AND WE'VE HAD SEVERAL PROJECTS SINCE THEN THAT THE DDA HAS BEEN INVOLVED WITH.

I KNOW THE PREVIOUS MAYOR AND COUNCIL HAVE DONE SEVERAL THINGS TO TAKE CHAMBLEE TO ITS NEXT LEVEL, BUT APPROVING $147 MILLION IN BONDS FOR OUR DOWNTOWN CENTER IS A, IS A HUGE DEAL.

AND IT'S GOING TO BE, IT'S GOING TO BE GREAT FOR NOT ONLY THE FOLKS, YOU KNOW, AROUND HERE IN CITY HALL, BUT FOR ALL RESIDENTS AND THE VISITORS WHO COME TO OUR DOWNTOWN AREA.

[00:10:04]

AND I WANT TO GIVE OUT A SPECIAL THANKS TO OUR LEGAL TEAM DAN MCCRAE AND DANNY MACK, WHO THEY PUT IN MONTHS OF HARD WORK AND A LOT OF CHALLENGING NEGOTIATIONS TO MAKE THIS HAPPEN.

IT WAS A VERY COMPLICATED DEAL. SO I APPRECIATE EVERYBODY'S PATIENCE AND EFFORTS ON THIS.

AND AARON, I KNOW YOU WERE PART OF THIS AS WELL.

YEAH, I CAN'T TAKE THIS ON, BUT WE'RE GOING TO FILE A PETITION ON THAT THAT PRETTY THE MOST UPDATED ONE THAT CAME OUT FROM DANNY THAT CAME OUT A FEW A WEEK AGO OR SO.

VERSION NUMBER 8, I BELIEVE. [LAUGHTER] SO ANYHOW CONGRATULATIONS.

THAT'S A HUGE STEP TOWARDS MAKING THIS A GREAT CITY CENTER PROJECT COME TO FRUITION.

ALL RIGHT. SECOND ITEM OF NEW BUSINESS 2026 CITY EVENTS AND DDA PROPERTIES.

ASHLEY. YES. SO THIS IS THE SAME AS YOU KNOW, WHAT I BROUGHT TO YOU LAST YEAR.

ESSENTIALLY THIS IS JUST A LIST OF OUR CITY'S COMMUNITY ENGAGEMENT DEPARTMENTS' PLANS FOR THE USE OF DDA PROPERTIES.

THEY ARE AWARE OF OBVIOUSLY THAT IT'S UNDER CONTRACT.

SO, YOU KNOW, YOU'LL SEE SOME OF THESE LIKE TASTE OF CHAMBLEE OBVIOUSLY THAT'S AVAILABLE, YOU KNOW, THAT POTENTIAL FOR THAT TO HAVE, YOU KNOW BEEN CLOSED BY THEN.

SO, YOU KNOW, IF THAT'S AVAILABLE AT THAT POINT, THAT'S WHAT THE PLANS WILL BE.

BUT EVERYTHING IS THE SAME AS LAST YEAR. THE ONLY THING THAT WILL BE SLIGHTLY DIFFERENT IS FOR JULY 4TH THE CHAMBLEE SUMMER CONCERT SERIES.

SO NORMALLY THAT ROAD IS JUST CLOSED OFF AND 3519, WHICH IS DIRECTLY ACROSS THE STREET, IS NOT USED BUT IS JUST CLOSED OFF.

BUT THIS YEAR THEY'RE PLANNING TO HAVE THE STAGE PLACED PARTIALLY ON THAT SITE JUST BECAUSE OF THE SIZE OF THE STAGE.

SO CITY STAFF IS GOING TO MOVE THE BOLLARDS FOR THAT JUST FOR THAT, THAT DAY.

AND THEN REPLACE IT BY MONDAY OR EARLIER. AND IN ORDER TO PREVENT PEOPLE FROM PARKING, THERE WILL BE SOME METAL BARRICADES THERE IN THE INTERIM, BUT IT'S JUST MOVED JUST SO THE STAGE USAGE. BUT EVERYTHING ELSE IS THE SAME AS PREVIOUS YEARS.

VERY GOOD. IS THAT SOMETHING WE NEED TO JUST, WE DON'T NEED TO VOTE ON THAT, DO WE OR? I THINK JUST TO KEEP CONSISTENT WITH LAST YEAR.

OKAY. I THINK HAVING A VOTE WOULD BE GOOD PROPERTIES FOR 2026? MOTION TO APPROVE THE CITY CENTER, THE CITY'S USE OF THE DDA PROPERTIES FOR THE ITEM FOR THE EVENTS AS NOTED IN THE SCHEDULE ALL THOSE IN FAVOR? AYE THANK YOU. AND THE FINAL ITEM, NEW BUSINESS IS THE 2025 ANNUAL REPORT AND ADMINISTRATIVE PAYMENT FROM THE LUMEN BEXLEY.

SO WHEN THEY INITIALLY FILED OUR LEGAL TEAM FOUND A FEW DISCREPANCIES IN THEIR ANNUAL REPORT, AND THEY MADE SOME CORRECTIONS REGARDING THE TAX SAVINGS.

THE PILOT'S PAYMENTS IN LIEU OF TAXES AND THE ADMIN PAYMENT THAT COMES TO US, WHICH IS ALMOST $192,000.

SO SENT THE CORRECTIONS, THEY ACCEPTED THEM. AND WE WILL VOTE TO APPROVE THOSE, BUT I DO WANT TO TELL YOU THAT THEY HAVE FILED AN APPEAL.

SO COUNCIL HAS GIVEN HAS ADVISED THAT WE GO AHEAD AND MOVE FORWARD AND VOTE ON TONIGHT'S ON THE DOCUMENTS THAT WERE SENT OUT TO EVERYBODY EARLIER TO GO AHEAD AND GET THE BALL ROLLING. AND IF THEY PREVAIL ON THEIR APPEAL, WE WILL WE'LL DISCUSS ON WHETHER WE HAVE TO REFUND ANY OF THEIR ADMIN PAYMENT TO THEM.

SO WE WON'T BE TOO QUICK TO SPEND THE MONEY. THE DIFFERENCE BETWEEN THE TWO KIND OF HOLD THAT BACK JUST IN CASE.

I DON'T KNOW HOW LONG THAT PROCESS NORMALLY TAKES FOR AN APPEAL.

AND THAT'S WHERE THEY'RE APPEALING THE ASSESSMENT WITH THE COUNTY ASSESSOR.

YES, YES. I WASN'T

[00:15:07]

COMMERCIAL PROPERTIES ARE APPEALING THE COUNTY TAX ASSESSMENTS THIS YEAR.

GOTCHA. HUGE. OKAY. GOOD TO KNOW. SO AGAIN, OUR LEGAL GUIDANCE IS TO GO AHEAD AND APPROVE THE REPORT THAT WAS SENT OUT TO EVERYBODY. AND WE WILL JUST ADJUST ACCORDINGLY IF WE NEED TO AFTERWARDS.

SO MR. CHAIR, I'D LIKE TO APPROVE THE 2025 ANNUAL REPORT AND ADMINISTRATIVE PAYMENT FOR THE LUMEN BEXLEY AS SUBMITTED.

CAN I GET A SECOND? SECOND. ANY OTHER DISCUSSION? ALL THOSE IN FAVOR? AND THAT IS UNANIMOUS. ALL RIGHT.

MOVING DOWN. PUBLIC COMMENTS. AARON, DO YOU HAVE ANYTHING ELSE TO SAY? WE APPRECIATE YOU BEING HERE TONIGHT. WE DO NOT HAVE AN EXECUTIVE SESSION.

SO MOTION TO ADJOURN. AND GET A SECOND. SECOND.

ALL THOSE IN FAVOR? AND THAT IS UNANIMOUS. THANK YOU.

* This transcript was compiled from uncorrected Closed Captioning.