City of Cambridge

The boards reviewed and approved financial reports and invoices. The Economic Development Board approved a façade grant application for Frenchman Cambridge, discussed sales tax calculation strategies regarding a potential transfer to the water fund, and addressed the integration of school events into the city calendar. Additionally, the Economic Development Foundation addressed personnel changes involving the removal and addition of directors, reviewed the remaining foundation bank account balance, and scheduled the filing of the 990N tax form.

The Economic Development Board meeting included approval of the January financials and invoices. New business featured an activities report and a discussion regarding sales tax financing, which indicated a collective excess of approximately $78,000 since 2020 that should revert to the City's water fund; further calculations are requested before budget adjustments are made. The Board also moved to recommend the appointment of Jo Lee Ebbers to the City Council for approval and approved the Butler Memorial Library internship application. Project updates included a presentation of January social media statistical results. Public comments involved discussion on apartment buildings, roads, and Tax Increment Financing (TIF). Separately, the Economic Development Foundation Annual Meeting discussed the annual tax return and a quote from a Kearney CPA, tabling the discussion until the following month.

The meeting included the approval of December financials and invoices. Key new business involved discussing board member terms, accepting the renewal of three positions after one member resigned, and confirming officer positions would remain unchanged. The Board also approved grant applications for the Tri Valley Health System internship and façades for both FAW and St. Paul's Lutheran Church, with the latter contingent on receiving a second contractor estimate. Project updates included a review of December social media statistics. Public comment focused on housing and potential apartment buildings in Harvest Meadows, leading to a follow-up action to research regional rental availability and affordability.

The meeting included an activities report and a review of the Springer Down Payment Assistance application, which was approved contingent upon receiving lender pre-approval. The Johnson Down Payment Assistance application was also approved. Updates were presented on November social media statistical results. There was also a discussion on the status of the land north of the Cobblestone Hotel.

The meeting included an activities report and a review of the Trinity Community Church façade grant application, which was approved. The Harris Down Payment Assistance application was also reviewed and approved, pending employment verification. The board discussed housing incentives, the housing rehab program, and new program possibilities to incentivize the demolition and rebuild of homes. Additionally, October social media statistical results were presented.