JANUARY 11, 2024 BOARD MEETING VIA TEAMS  The Board oft the Redevelopment Authority oft the County of Montgomery, pursuant toj proper notice, convened for its regularly scheduled meeting on January 11,2024 at 9:30. AM via TEAMS.  1. Onacall to roll, the following Board members were in attendance:  Jonathan H. Spergel, Esq Bob Wegbreit Judith S. Memberg James W. Sanders George Schools absent  Also in attendance were. Aliyah Stanger, Executive Director; Pamela Finegan, Deputy Director; John Nugent, Consultant; Jocelyn Gallagher, Administrator, Fiscal Management & Operations, Jade Utz, Montgomery County Commerce Department; Jenifer Butler, Montgomery County Interim Commerce Director; Kaylyn Langdon, Montgomery County Commerce Department; Andrew Freimuth, Solicitor and Brett Burns, IBEW Local Union 98.  2.  Public Comment None.  3.  Reading of Mimutes ofl Redevelopment Authority Board Meeting of December 7,  2023  Upon a motion by Bob Wegbreit, seconded by James Sanders, the Board voted unanimously to dispense with the reading oft the December 7, 2023 minutes and approve as  presented. 4.  Approval of Invoices  Upon ai motion by Bob Wegbreit, seconded by Judith Memberg, the Board voted unanimously to approve the bills and invoices as presented from December 8, 2023 to. January  11,2024  1    5.  Financial Statements  Jocelyn Gallagher presented the December 2023 financial statements to thel Board.  6.  Action Items  Camp Rainbow Inc. Rehabilitation Project = Approve Resolution Authorizing Official Action Relating to Receiving a Statewide Local Share Account Grant in  an amount of up to $1,000,000  Upon ai motion by Bob Wegbreit, seconded by James Sanders, the Board voted unanimously to approve the Resolution authorizing official action relating to receiving a Statewide Local Share Account Grant in an amount ofupt to $1,000,000 for Camp Rainbow's  rehabilitation project in Schwenksville, Montgomery County. A copy oft thel Resolution is attached to these minutes.  EQT Exeter 555 Flint Hill Road Project - Approve Resolution to Submit Requested Application Materials to PA Dept. of Community Development  (DCED) Under its PA SITES Grant Program  Upon ai motion by Bob Wegbreit, seconded by Judith Memberg, the Board voted 3-0 to approve the Resolution to submit requested application materials tol DCED under its PA SITES program related to a $1,000,000 grant for EQT Exeter's 555 Flint Hill Road Project. Chairman  Spergel recused himself from the vote.  A copy of the Resolution is attached to these minutes.  2    HUD-108 Studio Centre Montgomery County Loan - Ratify Execution of  County CDBG Contract B23-24-501a/B23-19-501b  Upon a motion by Bob Wegbreit, seconded by James Sanders, the Board voted unanimously to ratify execution of County CDBG Contract 625-4-08B23-9.s0b related to  annual principal and interest payments on thel loan.  MontcoForward Loan Committee = Appoint Audrey McMichael to Loan  Committee  Upon a motion by Judith Memberg, seconded by James Sanders, the Board voted unanimously to appoint Audrey McMichael to the MontcoForward Loan Committee.  7.  Project Updates  Former Norristown State Hospital Redevelopment  Ms. Stanger reported Norristown Council approved ai motion to direct PRDC toj prepare a formal proposal for the former State Hospital site. Ms. Stanger further reported that next steps would be providing a proposal to the Norristown Planning Commission, followinga recommendation from the Planning Commission, aj public hearing must bel held. Mr. Freimuth confirmed and noted that following this process there will be a Redevelopment Contract for  brought to the Board for its action.  Ms. Stanger noted that the proposal from PRDC is for mixed use including residential  units, recreational space, commercial space and corporate offices.  Redevelopment Assistance Capital Program (RACP) Grants  Ms. Stanger reported that the RACP E-Application round is closing January 12, 2024 and  the. Authority has been asked to sponsor approx. ten applications.  3    Certified Economic Development Organization (CEDO)  Ms. Stanger reported that she submitted the CEDO application and also noted she  completed the required PDU credits which were approved by DCED.  State Small Business Credit Initiative (SSBCI)  Chairman Spergel inquired ifMs. Stanger knew what happened to the SSBCI funds that were returned to DCED. Ms. Stanger noted that it was unclear. Ms. Stanger reported that the  SSBCI loans can be matched with MontcoForward Loan funds.  8. Next Meeting  The next meeting is scheduled for February 8, 2024 at 9:30. AM.  9.  Adjournment  Upon a motion by Bob Wegbreit, the Board agreed to conditionally adjourn the meeting  at 9:52. AM, followed by Executive Session.  4