Board Meeting Minutes 4/16/19
Gateway Marietta Community Improvement District
Meeting of Board of Directors
1850 Parkway Place, Suite 520
Marietta, Georgia 30067
April 16, 2019
Board Members in Attendance
Mark Lawson – Chairman
Kim Gresh – Vice Chairman
Bob Morgan - Treasurer
Caroline Whaley, SCP - Secretary
Lynn Rainey, Board Counsel
Daniel Cummings, City of Marietta
Major Jake King, Marietta Police Department
Geoff Koski, Bleakly Advisory Group
Dan Dobry, Croy Engineering
Holly Quinlan, Cobb Travel & Tourism
Joseph Goldstein, City of Marietta
Cheryl Richardson, City of Marietta
James Hudgins, Arcadis
Daniel Foster, GA Commute Options
Ricky Lenox, MDJ
Laura Keefe, YELLS
Jim Caswell, Bridge CRE
Jennifer Dawes, TSO
Sam Shenbaga, ARC
Call to Order
At 7:31 a.m. Chairman Mark Lawson called the board meeting.
Board Meeting Minutes
Mr. Lawson gave the board members time to review the drafts of the March 19 and March 22, 2019 board meeting Minutes. Upon the motion of Mr. Morgan, seconded by Mr. Dortch, the Minutes were approved unanimously.
Mr. Morgan presented the invoices for approval totaling $77,864.47. Upon the motion of Mr. Morgan, seconded by Mr. Dortch, the board unanimously approved the payment of the invoices.
Daniel Cummings of the City updated the board that the City is under contract with AMB Group for 17.1 acres with the sale price of $9.6 M. Working on a concept for the property and with this sale they will be CID tax paying. The proposed submittal for townhomes at the Salvage yard will go before Planning Commission in May. Hilton Home2Suites is nearing completion and has pushed its opening back to mid-May. The City sold 994 and 995 Roswell Street to Atlanta Hard Cider. It will be a new build, and with this there will be 7 breweries, ciders, meadery within the City limits.
An Easter Egg event was held at the Franklin Gateway Sports Complex. Thousands came out to the event. Roswell Street construction to wrap up mid-May and the S. Park Square is under construction with plans to complete within two weeks. Mr. Cummings also reported that the Marietta Square Market opened and was seeing about 2,000 visitors per day. Finally, Envision LCI is wrapping up with the last community meeting on May 26th.
Ms. Whaley briefed the board on the Select Cobb Economic Development Trip to Toronto, Canada. The board asked questions about past trips and Ms. Whaley answered the questions and provided that the trip is $3,500. Upon the motion of Mr. Lawson and the second of Ms. Gresh, the board unanimously approved sending Ms. Whaley as the delegate for GMCID on the trip.
Parkway Center/The Simpson Organization Update
Jennifer Dawes, Property Manager of Parkway Center/TSO, provided the board with updates regarding investment by TSO into the facilities. Since the purchase, TSO has invested in tenant improvements, elevator remodel, corridor upgrades, parking deck restoration and rebranding.
Jim Caswell, Leasing Agent with Bridge CRE, reported that these investments have led to an increase in rental rates, up 26% over the last 4 years to $27/ sq. ft. The occupancy rate in 2014 was 52%, but is now 95%.
Laura Keefe, YELLS, provided an update on the Gallery fire victims and thanked GMCID board members for their support. Major King, MPD, updated the board on the Flock Security Cameras. Roughly 1 arrest/week with assistance from the cameras installed on Franklin Gateway. The City has agreed to purchase 10 more cameras and one will be installed on Northwest Parkway.
Atlanta Regional Commission Presentation
Sam Shenbaga, Manager of the Community Development Group of ARC, presented to the board an overview of ARC and how ARC and CIDs can work together. He answered questions regarding ARC funding and what GMCID can be doing to connect with ARC. Mr. Shenbaga recommended involvement with ARC on regionally significant issues.
Geoff Koski with Bleakly Advisory Group provided a brief introduction and kick off to the upcoming Market Study. He stated that the first task is to speak with each of the board members. Mr. Koski will be working with Ms. Whaley on setting up interviews and setting a timeline for the project.
The next regular board meeting is scheduled on May 21, 2019 at 7:30 a.m.
There being no further business, Mr. Lawson adjourned the meeting at 8:57 a.m.
Approved by the Gateway Marietta CID Board of Directors this ___ day of _________________, 2019