Comments on: DDA Amends Bylaws, OKs Management Fee

By: Dave Askins

Dave Askins — Wed, 10 Feb 2010 03:01:22 +0000

Re:[4] The DDA finances are based on four funds: TIF, parking, parking maintenance, and housing. There’s not a fund that’s labeled as the “general fund” although the TIF fund is a natural analog to that. My understanding is that the housing fund does not have an independent revenue source, but rather gets its deposits from the TIF fund. So the short answer to the question posed in [4] is yes.

By: Chuck Warpehoski

Chuck Warpehoski — Wed, 10 Feb 2010 02:50:20 +0000

Can you clarify something else? When you refer to the “housing fund,” is this a fully DDA-controlled fund? That is, does the statement, “The annual contribution to the housing fund that the DDA has made historically has been $200,000,” mean that the DDA transferred 200k from its general fund to its own housing fund?

By: Margaret

Margaret — Tue, 09 Feb 2010 15:04:41 +0000

Thanks for the detailed report of what must have been a very long meeting.

By: Dave Askins

Dave Askins — Mon, 08 Feb 2010 18:26:53 +0000

Re: [1] It’s generous to call a botched attendance report non-substantive. This appears to be a case of accidental conflation of meeting notes (full board vs. transportation committee).

By: Keith Orr

Keith Orr — Mon, 08 Feb 2010 17:56:31 +0000

Dave,

Just a couple of non-substantive corrections:

I was not present at the Feb 3rd meeting, and

The comment attributed to me was accurate, though stated at the transportation committee meeting, which I believe you also attended.

As always, thanks for excellent reporting.

……Keith