Steven Bamford

The agenda for the meeting included a call to order, public comment, old business, and new business items. Key discussion points under new business involved addressing noncompliance with conditions for a parcel transfer pursuant to Resolution R2021-251, and the reappointment of Goody Clancy for design review services via Resolution R2026-354. The agenda also scheduled a review of the Fourth Quarter Statement of Operational Revenue and Expenses, followed by the Executive Director's Report.

The meeting included discussion on the transfer and replacement of parcels between the City of Allentown and City Center Group, as well as streetscape improvements on N. 7th Street from Linden to Chew Streets. Also on the agenda was the third quarter statement of operational revenue and expenses, and the Executive Director's report. Approvals were sought for resolutions related to the parcel transfers and streetscape improvements. The board approved financing for streetscape improvements on N. 7th Street, including sidewalks, street trees, parking kiosks, bike racks, crosswalks, and trash receptacles, with the condition that construction be completed within two years of the Tri Party Development Agreement.

The meeting included discussion on the transfer of surplus funds to the Excess NIZ Revenue Account, a loan modification request from Americus Investors, LP, the operating budget for 2026, the reappointment of Barbacane Thornton & Company as auditor, the Capital Project Account Budget for 2026, the Executive Director reappointment for 2026, and the 2026 Board meeting dates. The board also reviewed the estimated operating budget projections for 2026, the capital additions budget for 2026, and approved the continuing engagement of the Executive Director for the year 2026.