1. Roll call- Present: Jim Williams; Joyce Weis; Alnise Wyles; Timothy Ledna; Dave Miller<\/p>\n\n\n\n
2. Joyce opened the meeting at 5:30pm via Zoom. A quorum was present.<\/p>\n\n\n\n
3. Meeting was requested by board members on July 16, 2020. RE: discuss the recent listing for sale of the neighboring property at 114 10th Avenue.<\/p>\n\n\n\n
4. Alnise gave a staff report and presented a brief business plan regarding the potential purchase and expected use and operating expenses of the building. Asking price: $149,000. Annual operating expenses less than $5,000. Source of funds would be the Yochem Fund (Balance: $260,161.62 Zoning is the same as the shelter and Clear Water buildings – Multi Family\/Office. Expected use of facility would be to create additional space for a mediation, counseling and intervention, admin office for the ED, meeting space for the staff.<\/p>\n\n\n\n
5. Board discussed multiple potential uses, risk related to building condition and zoning. Was determined by board that purchase would be in alignment with master expansion plan, funds to purchase are available, would result in needed increased capacity, the current owner is mindful of our expansion intent, building seems to be in good shape and can be immediately occupied. Mary Lee was consulted and thinks this is a good and appropriate move.<\/p>\n\n\n\n
6. MSR (Miller\/Williams): prepare a earnest money agreement to purchase the building at full $149,000 asking price, with contingency that FYA official has 2 weeks to inspect the building. Dave Miller would be purchase POC and oversee the sale and deed transfer. Have an attorney review the sale and transfer agreements. Vote: unanimous (4-0)<\/p>\n\n\n\n
7. Board will re-convene to approve sale terms and authorize ED to close the transaction at a date TBD.<\/p>\n\n\n\n
8. Meeting adjourned at 6:08pm<\/p>\n","protected":false},"excerpt":{"rendered":"
1. Roll call- Present: Jim Williams; Joyce Weis; Alnise Wyles; Timothy Ledna; Dave Miller 2. Joyce opened the meeting at 5:30pm via Zoom. A quorum was present. 3. Meeting was requested by board members on July 16, 2020. RE: discuss the recent listing for sale of the neighboring property at 114 10th Avenue. 4. Alnise…<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[],"class_list":["post-4525","post","type-post","status-publish","format-standard","hentry","category-2020-minutes","category-69","description-off"],"_links":{"self":[{"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/posts\/4525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/comments?post=4525"}],"version-history":[{"count":2,"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/posts\/4525\/revisions"}],"predecessor-version":[{"id":4527,"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/posts\/4525\/revisions\/4527"}],"wp:attachment":[{"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/media?parent=4525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/categories?post=4525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fairbanksyouthadvocates.org\/board\/wp-json\/wp\/v2\/tags?post=4525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}