WEBVTT 00:00:00.578 --> 00:00:09.156 - Welcome, everybody, to the July meeting of the Urban Enterprise Association. It is 12.09, or I believe 00:00:09.156 --> 00:00:17.568 - by my computer, it says 12.11. We're in the class conference room. Everything has been posted as for 00:00:17.568 --> 00:00:26.146 - folding the door up off. Take it away. All right, welcome, everyone. Thanks for being here. We'll need 00:00:26.146 --> 00:00:28.062 - to do a round the room 00:00:29.026 --> 00:00:39.399 - I'm happy to like to start this session. Very new phone. Virginia Gutierre. Heather Robinson, BUBA. 00:00:39.399 --> 00:00:50.187 - Jane Cooper-Smith, BUBA. Deidre Rosa-Staff. Felicia Spinelli, BUA. Kate Rosenberger, BUBA. We have some 00:00:50.187 --> 00:00:58.174 - folks in the room. I mean, do you guys want to introduce yourselves quickly? 00:00:58.850 --> 00:01:08.565 - Josh Brewer. I was from Friendly Beasts. Is there anyone else online? You're welcome to introduce yourself 00:01:08.565 --> 00:01:17.826 - if you want. No pressure, though. I'm Kate Crum, Cicada Cinema also. Thank you for joining us. Great. 00:01:17.826 --> 00:01:26.270 - All right, the directors, go for it. Both minutes for Senate. Oh, sorry. Thank you, minutes. 00:01:27.522 --> 00:01:42.261 - Okay, so minutes from our last month's meeting, did anyone have any comments, corrections? Just a name. 00:01:42.261 --> 00:01:56.574 - My name is spelled with an E. Okay, so a correction to the name, Katarina's name. So anything other? 00:01:56.994 --> 00:02:08.378 - twice on the minutes. Anyone if not will need to do a roll call for approval. Oh, wait a minute. Do 00:02:08.378 --> 00:02:20.218 - we need a motion? Now we need to do the roll call. Virginia theory approved. Heather Robinson approved. 00:02:20.218 --> 00:02:26.366 - Jane Cooper Smith approved. Felisa Spinelli approved. 00:02:26.882 --> 00:02:50.202 - Kate Rosenberger approved. All right. Minutes passed. Thank you. Okay. The email director is important. 00:02:50.202 --> 00:02:54.014 - Okay. All right. 00:02:54.370 --> 00:03:03.219 - So banking updates. Jane's just awaiting access to the GAB account, and then we will be able to get 00:03:03.219 --> 00:03:12.334 - statements on a regular basis, which is very exciting. We can apply for it. Yeah. It's been a journey. 00:03:12.334 --> 00:03:20.830 - It's been a step in. Yeah. We'll need to designate a third signatory for the accounts, and also 00:03:21.314 --> 00:03:27.684 - My read only access and we have to do that by vote so that I can send a letter and meeting minutes to 00:03:27.684 --> 00:03:33.930 - the financial institutions to get that approved. There's also like another process who with whoever 00:03:33.930 --> 00:03:40.362 - ends up being the same Tory, like, just ID verification that we'll go through and I can deal that deal 00:03:40.362 --> 00:03:44.734 - with that with them. But that's what that we will need to take today. 00:03:45.250 --> 00:03:53.798 - First, Navigator Online Account Access. This is going to be great because it will allow us to do large 00:03:53.798 --> 00:04:02.180 - ACH transfers and wire transfers. This comes up when we do our bigger sponsorships, like with MCCSC. 00:04:02.180 --> 00:04:10.894 - It's been hard to do the full payment. We have to break it up in chunks, or we have to do a paper check. 00:04:10.894 --> 00:04:14.878 - Or call the bank and have them raise the limit. 00:04:15.138 --> 00:04:24.718 - So yeah, so that'll be great for just transactions overall and better visibility. We will have to have 00:04:24.718 --> 00:04:34.392 - a vote on that as well because it is a $20 monthly fee for that. So that will have to be something that 00:04:34.392 --> 00:04:44.158 - is based, that'll be kind of like a little bit of a budget change. So there's that. I will go over here. 00:04:48.578 --> 00:04:57.582 - why it feels so much harder to do this on a large screen to like share things and do this part, 00:04:57.582 --> 00:05:06.961 - but it does. So looking at our budget versus balance, the only change that we have coming up as far 00:05:06.961 --> 00:05:17.278 - as disbursements is an additional business enhancement scholarship for $510 that is highlighted in the change 00:05:17.762 --> 00:05:28.039 - right here. So we've dispersed $3,710 with a remaining balance of $6,290. So that was the only change 00:05:28.039 --> 00:05:38.115 - we have this month so far. And then as far as strategic planning, I'm meeting with Michelle King of 00:05:38.115 --> 00:05:45.470 - Phone Box who did our core assessment that I showed you guys last month. 00:05:45.570 --> 00:05:51.586 - Uh, we're meeting in August to figure out next steps, the when, the where and the how. Um, and then, 00:05:51.586 --> 00:05:57.780 - uh, I will probably, uh, do another doodle poll or, and I'm sorry, not a doodle poll, but a Google form 00:05:57.780 --> 00:06:03.736 - to figure out a good time for us to all meet to just do the mission, vision and planning section of 00:06:03.736 --> 00:06:09.990 - that. So that's not like an official meeting or anything like that. I was just training. Um, so it won't 00:06:09.990 --> 00:06:14.814 - be like, you know, we don't have to go through all the, we're going to roll with 00:06:15.074 --> 00:06:23.433 - So pretty excited about that. Yeah, and that's kind of all I have for the director's report when you 00:06:23.433 --> 00:06:31.874 - expect to do that training. Well, I know that Heather's going to be out of town in September. So I'll 00:06:31.874 --> 00:06:40.398 - have to check with your schedule to see what that is. But I would expect to late September at the very 00:06:40.398 --> 00:06:44.702 - earliest. Also, September will be doing some budget 00:06:45.826 --> 00:06:52.702 - some some budget discussion and all that, and I think that some of the strategic planning will probably 00:06:52.702 --> 00:06:59.380 - also influence some of the decisions that we make going forward with the budget and how we're moving 00:06:59.380 --> 00:07:06.521 - forward with how we're dispersing funds programming expansion and programs and all of that. So I'm thinking 00:07:06.521 --> 00:07:10.686 - we'll start looking at end of September at the earliest. Yeah. 00:07:13.314 --> 00:07:21.363 - So we have two items that need approval. Can those go into a single or do you want to separate those? 00:07:21.363 --> 00:07:29.253 - Should we do the signature ownership? I think that we should do that separately. Okay, makes sense. 00:07:29.253 --> 00:07:37.302 - So typically that's an officer of the board and often the secretary. So just as a recommendation, and 00:07:37.302 --> 00:07:39.038 - I welcome others, but 00:07:39.170 --> 00:07:48.032 - That would be Michael hovers. So he's our current secretary. So as an officer and and so forth, giving 00:07:48.032 --> 00:07:56.723 - him access to our signatory authorization with would just be my recommendation, but I, you know, Any 00:07:56.723 --> 00:07:59.390 - other feedback on that. So the 00:08:01.538 --> 00:08:08.962 - Sorry, just making sure so he would have access to the first now, but I would still be able to process 00:08:08.962 --> 00:08:16.314 - the regular. Well, it's okay. Let's yeah, let's talk about let's talk about that. So. One piece of it 00:08:16.314 --> 00:08:23.882 - is, is I understand it. We need to just determine who in addition to like, I'm a signer, you're a signer 00:08:23.882 --> 00:08:28.062 - and we need a third signer, which potentially is, is the. 00:08:28.578 --> 00:08:40.644 - secretary's position, which is currently Michael. So then that is currently signatures for checks and 00:08:40.644 --> 00:08:52.946 - so forth. So then the other piece is the access for First Navigator online. So with this process, Jane, 00:08:52.946 --> 00:08:57.086 - you would then be able to actually 00:08:57.954 --> 00:09:05.885 - approve expenditures, correct? In much the same way you are now. Yes. But it is a little bit. When we 00:09:05.885 --> 00:09:14.049 - had a paper check system, we had two signers for a transaction. We processed everything via paper check. 00:09:14.049 --> 00:09:22.136 - So I don't know if there's a way to not take multiple approvals within that system or if the board just 00:09:22.136 --> 00:09:25.790 - delegates that sole authority to process that. 00:09:25.922 --> 00:09:35.543 - I think we also view Cheryl's management of the books as one of the checks. Right, and in front of control 00:09:35.543 --> 00:09:44.893 - for that. So for all of our checks now, are they two signers? Yeah, it's you and Jane at this junction. 00:09:44.893 --> 00:09:54.334 - OK, for paper. OK, I was going to say they're signing a whole lot. Well, I mean, I think that's probably 00:09:55.234 --> 00:10:03.626 - a good discussion to have. When you go to an online system, at least in my experience, that creates 00:10:03.626 --> 00:10:12.269 - basic use, which is great. But it also, you need to make sure you have the right internal controls for 00:10:12.269 --> 00:10:20.661 - something like that. So right now, do you send something to Cheryl that says, hey, we have this, so 00:10:20.661 --> 00:10:23.934 - I know there's a contract, and so then 00:10:24.226 --> 00:10:31.441 - So someone writes a check. Yeah. And so how the contract process kind of works, you know, we, 00:10:31.441 --> 00:10:39.346 - we get past the, the approval from the board and all of that. Um, I put together, um, the contract and 00:10:39.346 --> 00:10:47.251 - on the first page of the contract, it was a contract memo where I get approval from Jane, um, the, uh, 00:10:47.251 --> 00:10:50.014 - opposite of the controller and, um, 00:10:50.146 --> 00:10:57.400 - And it's two checks in the opposite of the controller because it's our procurement manager and it's 00:10:57.400 --> 00:11:04.873 - also the controller who signs off on it. Okay. So there's that. And then the next signature is you and 00:11:04.873 --> 00:11:12.635 - then the following signature is the awardee. Okay. And then for the claims process D after the contracting 00:11:12.635 --> 00:11:19.454 - is complete, D uploads contract and payment information to a shared spreadsheet that triggers 00:11:20.770 --> 00:11:28.102 - You need to process a payment once those documents are complete. So D requests the payment. I process 00:11:28.102 --> 00:11:35.649 - the payment and then Cheryl from the controller's office again comes in and then use that payment during 00:11:35.649 --> 00:11:42.837 - the reconciliation process. I feel like that's a robust. I don't know with the online system if you 00:11:42.837 --> 00:11:46.718 - need like another person in there. I don't know that. 00:11:47.554 --> 00:11:56.706 - I need to be in there or the secretary needs to be in there. The internal controls are there. One of 00:11:56.706 --> 00:12:06.403 - the ways to also is de-initiates and you approve. So an online system, someone can, that has only viewing, 00:12:06.403 --> 00:12:15.102 - which D, but that's what we're going to be approving today, that only has view can still create 00:12:15.362 --> 00:12:23.634 - a draft, if you will, a draft of a payment. So this particular business or organization has been awarded 00:12:23.634 --> 00:12:31.512 - a $5,000 grant. Dee can go into the system and she can create, draft that. And then Jane, you would 00:12:31.512 --> 00:12:39.705 - go in separately and you would release it. So again, there's like an internal control for that process. 00:12:39.705 --> 00:12:41.438 - And to me, otherwise, 00:12:41.826 --> 00:12:50.455 - we're sort of like outside, you're waiting on the thing. I mean, you know, because also the contracts 00:12:50.455 --> 00:12:59.083 - are coming through, you're reviewing them as chair, I'm reviewing the contracts as well, knowing what 00:12:59.083 --> 00:13:07.965 - we've approved at the board. So, I mean, I welcome any feedback on this, but I don't think that it needs 00:13:07.965 --> 00:13:10.334 - to be yet another person as 00:13:10.594 --> 00:13:20.013 - either me or the other signer involved in that. And the signer themselves is just, they're just, there 00:13:20.013 --> 00:13:29.158 - is a third, a third. Yeah. So, yeah. So if Heather is in France, but it's also not necessarily like 00:13:29.158 --> 00:13:37.662 - through the ACH and the online system, you're not needing board signatures very often. Yeah. 00:13:38.722 --> 00:13:47.675 - And I think the benefit of this first now is that actually we're increasing visibility. So right now, 00:13:47.675 --> 00:13:56.540 - I'm the only one who can view those transactions on lines. But I think this will just get answers to 00:13:56.540 --> 00:14:05.933 - Cheryl faster. Yes. Paramize. Yeah. All right. Sounds good. OK. So Cater, Felisa, do you have any comments 00:14:05.933 --> 00:14:08.478 - on that before we go to make 00:14:08.962 --> 00:14:18.749 - Approvals. Okay. So two pieces here. One is to authorize the secretary's position to be the additional 00:14:18.749 --> 00:14:28.822 - signer. So if there's anyone who'd like to make a motion on that. I'll make a motion to add the secretary 00:14:28.822 --> 00:14:37.374 - as a third signer. Same. And then we'll need to do a roll call. Catery new call approved. 00:14:37.730 --> 00:14:49.889 - Virginia theory approved Heather Robinson approved Jane Coopersman approved Kate Rosenberger. Yes. And 00:14:49.889 --> 00:14:56.382 - she turned on her camera. Yeah, your camera and sound. 00:15:09.602 --> 00:15:25.678 - Oh, you're on mute. Sorry, guys. Yes. Sorry. Thank you. Motion. Great. Okay. So then the second piece 00:15:25.678 --> 00:15:39.390 - is approving first navigator access and online payment associated with it, which gives 00:15:40.290 --> 00:15:51.246 - D, ability to view information online and be able to create, right, draft payments and change the authority 00:15:51.246 --> 00:16:01.492 - to release. Yes. Am I correct on all of that? Okay. So we'll need a motion. The only question I have 00:16:01.492 --> 00:16:10.014 - is where does the $20 a month, where does that come from? From where in the budget? 00:16:10.338 --> 00:16:22.721 - That is probably like just general admin or like, I feel like that it would probably be subscriptions 00:16:22.721 --> 00:16:34.861 - dues. Yeah. Okay. There's funding in that line. It's at $2,800 for that. So it more than covers it. 00:16:34.861 --> 00:16:39.838 - Okay. I will also motion to add D to the 00:16:40.322 --> 00:16:50.947 - First Navigator and approving the upgrade and payment for the access. Is that the right motion? Yeah. 00:16:50.947 --> 00:17:01.363 - And I guess the best motion would be an additional read-only access to other accounts. So motion is 00:17:01.363 --> 00:17:08.446 - to approve additional read access only to First Navigator accounts? 00:17:09.122 --> 00:17:19.873 - Or just to be account to the city counts. Yeah. Second. Okay. And we'll call. Yes. Virginia get theory. 00:17:19.873 --> 00:17:30.315 - Yes. The Robinson. Yes. Yes. Felicia Spinelli. Yes. Kate Rosenberger. Yes. Awesome. All right. Thank 00:17:30.315 --> 00:17:35.070 - you everyone. Okay. So housekeeping stuff is. 00:17:35.362 --> 00:17:45.559 - Completed. So now the fun stuff. We have some grantees, potential grantees joining us today in whatever 00:17:45.559 --> 00:17:56.051 - order you want to. Yeah. So first is the allocation. Let me get this shared thing going while I'm talking, 00:17:56.051 --> 00:18:02.718 - if I can do two things at the same time. So I just want to pull up. 00:18:03.490 --> 00:18:16.239 - the grants and entrepreneurship. One of the applications that we received is for funding for a program 00:18:16.239 --> 00:18:29.111 - called the Builder's Room. This is a program to help small businesses learn how to buy code and utilize 00:18:29.111 --> 00:18:31.710 - AI in operations and 00:18:32.002 --> 00:18:41.008 - just general functions of business and also just teaching them more about AI and how it will affect 00:18:41.008 --> 00:18:50.736 - their business. This is taking place over at the mill and 812 Labs is the organization that is spearheading 00:18:50.736 --> 00:18:59.742 - it as far as the education thing altogether. They received... I keep on getting kicked out of my... 00:18:59.906 --> 00:19:09.419 - of my email with this information. They received a grant to be able to make this whole thing happen. 00:19:09.419 --> 00:19:19.026 - And what they were asking for was additional financial support to expand the program by 10 additional 00:19:19.026 --> 00:19:26.750 - members with a focus on entrepreneurs and business owners in the enterprise zone. 00:19:27.458 --> 00:19:41.648 - So it's very targeted who they're trying to attract to this program. The entire ask is $7,000. I recommended 00:19:41.648 --> 00:19:55.838 - that they apply for the business enhancement scholarship. The reason I directed them to this area is because 00:19:56.706 --> 00:20:06.798 - It definitely fulfills what we want to have as far as activity in business enhancement. It's a training 00:20:06.798 --> 00:20:16.987 - program. It is for business owners and entrepreneurs. So it definitely fulfills that goal. Additionally, 00:20:16.987 --> 00:20:26.206 - despite only having this $62.90 in this budget line, we didn't spend $7,600 of this last year. 00:20:26.722 --> 00:20:33.600 - I think that this is a good fit for that particular program. I think that we could would make sense 00:20:33.600 --> 00:20:40.683 - to utilize funds in this manner, and it is directly targeting business owners and entrepreneurs within 00:20:40.683 --> 00:20:46.942 - the sound. This is the little statement that they said john couldn't be here today so I'm. 00:20:47.170 --> 00:20:54.498 - I'm standing in Johnstead. The building room is a hands-on AI implementation program developed in partnership 00:20:54.498 --> 00:21:01.359 - with Amplify Bloomington and the Greater Bloomington Chamber of Commerce with 812 Labs, serving as the 00:21:01.359 --> 00:21:08.420 - lead program designer and facilitator. The main program is supported through IEDC Community Collaboration 00:21:08.420 --> 00:21:14.815 - Fund dollars and is designed to serve Bloomington, Monroe County, and surrounding upland areas. 00:21:14.815 --> 00:21:16.414 - The $7,000 BUEA request 00:21:16.546 --> 00:21:23.276 - submitted, sorry, the $7,000 VUEA request submitted by 812 Labs is specifically intended to reserve 00:21:23.276 --> 00:21:30.342 - 10 seats for businesses located within the Bloomington Urban Enterprise Zone. Five seats in each cohort, 00:21:30.342 --> 00:21:37.206 - which works out to roughly $700 in professional development and implementation per participating zone 00:21:37.206 --> 00:21:42.590 - business. This funding would allow VUEZ businesses to participate at no cost to 00:21:42.690 --> 00:21:49.429 - while keeping the broader IEDC funds focused on the larger regional program. The dollars would be tracked 00:21:49.429 --> 00:21:56.232 - directly to the zone businesses served. And then the applications are open now with an information session 00:21:56.232 --> 00:22:03.034 - being held August 4th. And I think I'd ask you this, they feel the need is there, like there's an interest 00:22:03.034 --> 00:22:07.230 - and they're so strong. Yes, I think they've gotten a lot of like, 00:22:07.778 --> 00:22:15.299 - free interest at this point in time, and they're doing a pretty good job of publicizing it. I definitely 00:22:15.299 --> 00:22:22.463 - am getting a lot of things in my feed and my LinkedIn about it, and I'm pushing it as well. I think 00:22:22.463 --> 00:22:29.984 - that it's a really interesting way of supporting business owners, I think, and a very vital one, because 00:22:29.984 --> 00:22:36.574 - I think that demystifying AI is going to be really integral, especially in these, you know, 00:22:36.706 --> 00:22:44.705 - years that are really being implemented and these kind of barriers. So are the participants, those that 00:22:44.705 --> 00:22:52.473 - are not part of the BUA cohort that we're funding, are they paying to be a part of this program? No, 00:22:52.473 --> 00:23:00.702 - so the IEDC Community Collaboration Fund is paying for those. So there's already a group of people who are 00:23:00.802 --> 00:23:08.854 - being funded for it, and then they're willing to add specifically. Yeah. So basically, so if there are 00:23:08.854 --> 00:23:16.984 - applicants that are zone applicants, then there's this chunk of money, and it opens up for other people 00:23:16.984 --> 00:23:25.426 - in different areas. So it definitely aids in expanding the program. I guess I just have a couple questions. 00:23:25.426 --> 00:23:29.022 - The enhancement scholarship, what's the grant 00:23:29.634 --> 00:23:36.700 - range, the limit on that per applicant to the 12th of it all. Yeah. So this would be basically saying, 00:23:36.700 --> 00:23:43.698 - oh, yeah, I guess my question is just, is this really the right way to fund that? Seems like a little 00:23:43.698 --> 00:23:50.627 - bit different than how that grant has operated in the past, which is fine. It's the board wants, but 00:23:50.627 --> 00:23:57.762 - I'm just flagging that. And then other question is just, how can we ensure that they're really, I think 00:23:57.762 --> 00:23:58.654 - bicoding is, 00:23:59.234 --> 00:24:06.809 - super powerful and thinking about Lotus or Cicada or Friendly Beasts, how they might use it to do stuff 00:24:06.809 --> 00:24:14.092 - on their website that helps them grow, deliver services, whatever. That's really interesting to me. 00:24:14.092 --> 00:24:21.740 - How are bricks and mortar businesses in the zone? How can they access it? And Felisa too, thinking about 00:24:21.740 --> 00:24:28.222 - your business and having someone teach you how to use this tool could be really awesome. 00:24:28.482 --> 00:24:35.068 - I'm concerned that there could be a captive audience inside the walls of the dimension mill that some 00:24:35.068 --> 00:24:41.718 - of those folks would be like, oh, this is awesome. I'm just questioning, how do we make sure that it's 00:24:41.718 --> 00:24:48.304 - really getting out? That it's accessible to business who might not even know what it is, but might be 00:24:48.304 --> 00:24:49.918 - able to benefit from it. 00:24:50.050 --> 00:25:00.053 - Yeah. It's just what people are starting to call it now. I think that's just the kind of point. I looked 00:25:00.053 --> 00:25:10.247 - it up for building apps, web ads, or games using natural language to AI. Yeah. Yeah. Just the way programs 00:25:10.247 --> 00:25:19.774 - do it. So yeah, I totally see your point. But I think that finding it with the target of enterprise 00:25:20.322 --> 00:25:28.741 - Businesses is is like the whole point of this is to target people who would usually like to to turn 00:25:28.741 --> 00:25:37.160 - people who would usually not go to the mill and I like there's a concerted effort to make sure that 00:25:37.160 --> 00:25:46.590 - they are seeking out non. Yeah, yeah. Like, could you could you restrict it to non six forty two north Madison? 00:25:47.426 --> 00:25:54.347 - businesses, because that runs a risk for me, because there are some like nonprofits and smaller operations 00:25:54.347 --> 00:26:00.945 - operating out there. It's just, I don't think the 642 startups. I get what you're saying. Like that's 00:26:00.945 --> 00:26:07.478 - not what I think this should be. Yeah. So sorry to push on that. No, no, but that means. Isn't email 00:26:07.478 --> 00:26:13.946 - in the BBA something? Yes, yeah. Yeah, so all those startups are technically BBA businesses. I just 00:26:13.946 --> 00:26:17.310 - think that they have other avenues to access. Yeah. 00:26:17.666 --> 00:26:26.088 - Yeah, no, absolutely. And, you know, I think that within the contract, if we're talking about language 00:26:26.088 --> 00:26:34.427 - and what, you know, this board would want to target, I mean, we could probably specifically say that, 00:26:34.427 --> 00:26:39.006 - you know, we're trying to target restaurants, non tech. 00:26:39.266 --> 00:26:47.302 - that sort of thing, because that does definitely shift the focus of what that is. I feel comfortable 00:26:47.302 --> 00:26:55.497 - with that. Yeah. And then the intention to get those, if they are businesses that are not already part 00:26:55.497 --> 00:27:03.612 - of the mill, you know the intention is to get those businesses to eventually become part of the mill? 00:27:03.612 --> 00:27:06.238 - No, that's not the intent. Okay. 00:27:06.466 --> 00:27:15.324 - No, that's not the intent. I think that it's, I think by holding those five funding classes there, that 00:27:15.324 --> 00:27:24.183 - alone is like their advertising for them. Like that is, that's as far as that goes, but it is not, it's 00:27:24.183 --> 00:27:31.934 - not a recruiting tool. Okay. Okay. So if we were to just thinking about the funding, like, 00:27:32.482 --> 00:27:43.355 - If we're using 2025 budget for this funding, we wouldn't be eliminating the possibility of other people 00:27:43.355 --> 00:27:53.913 - getting this B scholarship this calendar year. We're going to count it as an overage in this budget. 00:27:53.913 --> 00:27:56.318 - It's not exactly like, 00:27:56.418 --> 00:28:04.000 - It's not like our city budget where it's like, this is all the money and that's it. You know, we are, 00:28:04.000 --> 00:28:11.507 - our budget is more flexible. And so it would be, I would probably count it when, when you're looking 00:28:11.507 --> 00:28:18.940 - at it as an overage in the 2026 budget. I'm just wondering if say there's three more people budget. 00:28:18.940 --> 00:28:25.630 - I would still, I would still be, I would still probably grant up to the 62 90 or 62 nine. 00:28:25.890 --> 00:28:34.132 - Yeah, yeah. This really just, it would just be a variance for that particular one line item. And, 00:28:34.132 --> 00:28:42.626 - you know, we rarely hit our totals. And so our bottom line is probably not going to suffer from this 00:28:42.626 --> 00:28:51.120 - and we have the, we have the needs to do it. So it seems like it, it actually spans the scholarships 00:28:51.120 --> 00:28:53.054 - like reach it's giving 00:28:53.442 --> 00:29:01.050 - opportunities for people to be able to actually use this to be money that maybe have been using in previous 00:29:01.050 --> 00:29:08.165 - years. And to your point, Jane, just one way maybe to frame this is that it's $7,000, so it pays for 00:29:08.165 --> 00:29:15.209 - 10 participants at 700 a piece. So that sort of fits with sound addresses and that fits within sort 00:29:15.209 --> 00:29:17.534 - of the guidelines of what we are 00:29:18.178 --> 00:29:26.367 - Do you know what we do for that particular? So I wanna be mindful of time. We have guests here and I 00:29:26.367 --> 00:29:35.124 - wanna be able to give them time. Do we have, I don't wanna rush this, but do we have any further discussion 00:29:35.124 --> 00:29:43.475 - on this or do people hope about voting on this today? Kate or Felisa, do either of you have questions? 00:29:43.475 --> 00:29:47.934 - Are you comfortable voting on this approval for today? 00:29:49.410 --> 00:29:59.067 - I don't have any questions. I've just been following along and feel fine voting today. Whatever you 00:29:59.067 --> 00:30:09.208 - all want to do. I'm okay with voting as well. Okay. All right. So then we would need a motion to approve 00:30:09.208 --> 00:30:15.678 - $7,000 from the business economic enhancement scholarship account. 00:30:16.098 --> 00:30:24.123 - And with the understanding that it's funding 10 participants in the zone, 700 a piece, and with the 00:30:24.123 --> 00:30:32.147 - focus not on tech, right? So we do not tech. Okay, so there it is. Do we have a motion? I'll make a 00:30:32.147 --> 00:30:40.252 - motion to all that you said. Okay. Second. Second. All right, so then roll call. Kendra McCall, yes. 00:30:40.252 --> 00:30:45.950 - Virginia Gethheri, yes. Heather Robinson, yes. Jane Cooper-Smith, yes. 00:30:48.130 --> 00:30:57.281 - Felicia Spinelli, yes. Kate Rosenberger, yes. Okay, fantastic, thank you. All right, so next we have 00:30:57.281 --> 00:31:06.432 - Friendly Beasts and we'll do, they have two grant locations right now. It is the accessibility grant 00:31:06.432 --> 00:31:15.765 - and the safety and security. All right, so things up. Thank you, thank you for your information. There 00:31:15.765 --> 00:31:17.758 - are other items here. 00:31:19.170 --> 00:31:32.353 - Oh, I guess I'll just and learn about technology today. Um, no, I'm not. Sorry guys. I will totally 00:31:32.353 --> 00:31:46.064 - learn how to deal with Adobe on a large screen. One of these days, I promise. Um, the best way of doing 00:31:46.064 --> 00:31:47.646 - it is this. 00:31:48.130 --> 00:31:55.729 - Okay, so we have Friendly Beasts, the accessibility grant. So this is for the remodeling of the new 00:31:55.729 --> 00:32:03.632 - location and updating several features to ensure ADA compliance. It involves constructing an accessible 00:32:03.632 --> 00:32:11.231 - bathroom, replacing entry doors, installing a new ordering countertop that meets ADA standards, and 00:32:11.231 --> 00:32:16.094 - building a landing at the rear exit to serve as a refuge point. 00:32:16.194 --> 00:32:27.445 - The total cost of the entire project is $12,998. Friendly Beasts will be contributing a quarter of that, 00:32:27.445 --> 00:32:29.374 - which is $32,495. 00:32:29.570 --> 00:32:36.848 - And so the amount requested from the is nine thousand seven hundred and forty nine dollars. And then 00:32:36.848 --> 00:32:44.703 - I'm also going to do the safety and security grant for the friendly beast. So this will require constructing 00:32:44.703 --> 00:32:52.414 - a two hour fire barrier wall between the cidery and the adjacent tenant to reduce the fire area occupancy. 00:32:52.642 --> 00:33:00.186 - for each tenant, which will involve a new code review, architectural grounds, and additional framing 00:33:00.186 --> 00:33:08.103 - and drywall. The VISTAs also intends to add a panic bar to an existing door and update locks and security 00:33:08.103 --> 00:33:14.526 - more generally. The project will require hardwiring, exit signs, and security lights. 00:33:14.626 --> 00:33:27.527 - That project is $6,460. Friendly Bees will be contributing $1,615. And the total request from the VUEA 00:33:27.527 --> 00:33:40.302 - is $4,845. And we have Friendly Bees here. They'd like to talk about their project, any? You have the 00:33:40.302 --> 00:33:43.934 - floor. Yeah, I mean, I think 00:33:45.410 --> 00:33:52.453 - Probably most of you all are familiar with the process that's been going on with our current location 00:33:52.453 --> 00:33:59.565 - and having to move at the end of August. Can we state it for the record, just because the online folks 00:33:59.565 --> 00:34:07.092 - might not know, but so Friendly Beasts is currently located in one of the properties that is being displaced 00:34:07.092 --> 00:34:14.204 - by the development of the Convention Center Host Hotel. And so you've been looking for locations along 00:34:14.204 --> 00:34:15.102 - the corridor 00:34:15.618 --> 00:34:23.621 - Yeah, so we spent a long time looking for a location, decided that this was the best fit for us. It 00:34:23.621 --> 00:34:31.785 - keeps a lot of the things that we have now that people appreciate about the current location, such as 00:34:31.785 --> 00:34:39.788 - outdoor seating, getting on the D-line, being relatively close to downtown. And yeah, basically, we 00:34:39.788 --> 00:34:43.710 - as tenants are going to be responsible for doing 00:34:43.842 --> 00:34:53.623 - improvements to meet code for higher safety, security, and the accessibility portion of building a second 00:34:53.623 --> 00:35:03.128 - ADA compliant bathroom. And then just fixing up some other things with the floor that are uneven, with 00:35:03.128 --> 00:35:13.278 - panic bars on the doors. Yeah, sort of bringing everything up from its current condition to things that would 00:35:13.506 --> 00:35:21.281 - Meet all those criteria. Can I ask a question? So when you say that you're responsible, is your landlord 00:35:21.281 --> 00:35:29.426 - covering any of the costs of these updates, or it's on the organization itself? Yes, it's on the organization 00:35:29.426 --> 00:35:37.128 - itself. In the project. So there are two grants here, but I assume the total renovation costs are, like 00:35:37.128 --> 00:35:40.830 - there's other stuff you're doing. Yeah, for sure. 00:35:40.994 --> 00:35:47.794 - So your match is really a lot more than what... Yeah, I think the total project will be several times 00:35:47.794 --> 00:35:54.595 - this. And even since I've submitted this, I've started getting more points back and well, I guess I'm 00:35:54.595 --> 00:36:01.262 - going to overestimate some of these things. Yeah, and then I guess just to put it on the notes, but 00:36:01.262 --> 00:36:07.995 - as far as the architectural drawings and the plumbing, I kind of like divided that into part for the 00:36:07.995 --> 00:36:10.462 - safety and security and part for the 00:36:11.138 --> 00:36:20.686 - Accessibility Modification left another part for, I guess, elective things or general design elements 00:36:20.686 --> 00:36:30.233 - that would apply to this. Is it appropriate to throw something in? Because we have been talking about 00:36:30.233 --> 00:36:40.062 - waivers of matches. At this time, could I suggest that they are waived for their match and the budget is 00:36:41.314 --> 00:36:47.722 - considered with, you know, with the conversation. We've been having these conversations for two months. 00:36:47.722 --> 00:36:54.006 - Not that the public necessarily knows that, so they may not know that that's going to be an option or 00:36:54.006 --> 00:37:00.167 - potential option. Can I make a suggestion for that? I don't see why not. I'm comfortable with that. 00:37:00.167 --> 00:37:04.542 - I also feel like they're exceeding their match, so sign me either way. 00:37:05.218 --> 00:37:13.511 - So we would find the whole grant, because that's my question. So what would we find the whole grant 00:37:13.511 --> 00:37:22.053 - amount be within match as part of the funding that we distributed? I see no problem with that. I mean, 00:37:22.053 --> 00:37:30.014 - so it would be, so the requested amount plus whatever their match would be what we would grant. 00:37:30.626 --> 00:37:37.382 - Yeah, and the reason that I, the reasoning behind that is that their landlord is, so the reason that, 00:37:37.382 --> 00:37:44.205 - okay, so the reason for my request is that their landlord is not pitching in anything. It's all coming 00:37:44.205 --> 00:37:51.028 - down to the organization and they're putting a lot of investment into a building that they do not own. 00:37:51.028 --> 00:37:57.916 - And so I feel that organizations should have the opportunity to have the match waived, the total amount 00:37:57.916 --> 00:37:58.910 - of the project 00:37:59.234 --> 00:38:08.625 - Should still be the total. So, so like, when we're talking about like the safety and security grant, 00:38:08.625 --> 00:38:17.923 - their total cost is $6,460. Um, their match is 1615 and the amount that they're requesting is 4845. 00:38:17.923 --> 00:38:22.014 - So you want to do the total cost of the 64. 00:38:23.298 --> 00:38:30.901 - I do. Yeah, that's my Sebastian. So their full budget, it looks like total cost that they have for both 00:38:30.901 --> 00:38:38.212 - is $12,998. So basically, you're suggesting that since we're waiving the match, we fund that money. 00:38:38.212 --> 00:38:45.669 - Yeah. So the total on that, the total, if we were going to fund both projects completely, it would be 00:38:45.669 --> 00:38:52.030 - $14,594. From two different pools of money. So yeah. That's, wait a minute. That's 14. 00:38:53.090 --> 00:39:01.809 - Okay, wait a minute. Oh, I'm sorry. No, I'm sorry. That's just what they requested. That's my bad. Sorry, 00:39:01.809 --> 00:39:10.446 - guys. You make the sausage. So, okay, total cost is $12.998 for one of the requests, and then the second 00:39:10.446 --> 00:39:18.014 - one is $64.60. Or, no, sorry, third. I'm lucky. Yeah, right. So that, together, is $19.458. 00:39:18.818 --> 00:39:26.067 - Yeah. So is that what we're proposing potentially? That's what Kat is. That is what Kat is proposing. 00:39:26.067 --> 00:39:33.245 - Do I understand that correctly, Kat? You're suggesting to waive those and to fund the full cost. I'm 00:39:33.245 --> 00:39:40.422 - suggesting that we fund the full eligible cost that's allowable within those grants. So I'm not 100% 00:39:40.422 --> 00:39:42.270 - sure what was. So got it. 00:39:42.466 --> 00:39:48.992 - So one is 10, right? One would be 10. And then the other one would be the total cost of the product. 00:39:48.992 --> 00:39:55.776 - Okay. Okay. So that makes sense to me. So that would be $16,460. So $16,460 is what we're talking about. 00:39:55.776 --> 00:40:02.690 - Yeah. My questions that we're all popping off are based on a misunderstanding of what you were suggesting. 00:40:02.690 --> 00:40:09.345 - So since we would be staying with the full grant amount, then we would be adhering to what the future, 00:40:09.345 --> 00:40:12.446 - what we think the future policy is going to be. 00:40:13.698 --> 00:40:22.351 - I think it would follow that we would, you know, I have to do it. I mean, it sets a precedent. Or it 00:40:22.351 --> 00:40:31.175 - could just simply be based on the overall project that we know is well above this. We're simply adding 00:40:31.175 --> 00:40:39.914 - additional to the grant request as opposed to waiting a match. So that then in some ways gives us the 00:40:39.914 --> 00:40:42.398 - flexibility of using dollars 00:40:42.786 --> 00:40:51.482 - taking one up to the maximum of $10,000, one to 6460, which fits within that range. And the board has 00:40:51.482 --> 00:41:00.177 - the ability to do that with or without a match. I have to leave right after one. So I'm going to just 00:41:00.177 --> 00:41:08.702 - go ahead and make a motion if you'll take it. You didn't ask for a motion though. Well, no, I went. 00:41:09.442 --> 00:41:18.925 - Yeah, I want to move these through. So I just wanted to make it clear. So what we're suggesting is funding 00:41:18.925 --> 00:41:28.585 - at a higher level that meets the total cost for each of these projects. So the board then would be approving 00:41:28.585 --> 00:41:36.030 - $16,460 total for safety and security and accessibility grant, 10,000 accessibility 00:41:36.642 --> 00:41:46.246 - $6,460 for safety and security. For Friendly Bees. For Friendly Bees. So I'd like to move approval of 00:41:46.246 --> 00:41:55.661 - grant funding for Friendly Bees for safety and security and accessibility in the amount of $16,640. 00:41:55.661 --> 00:42:05.170 - Did I get it? Yep. Yeah. For the two. Nailed it. Second. All right. Katarina Call. Oh, yes. Virginia 00:42:05.170 --> 00:42:06.206 - Gutierrez. 00:42:06.338 --> 00:42:15.567 - Heather Robinson. Yes. Yes. Hey, Melissa. Hey, Melissa. Hey, Rosemary. Yes. Felicia's finality. Yes. 00:42:15.567 --> 00:42:24.797 - Great. All right. All right. Hey, you all. We just that happened really fast. And I also just wanted 00:42:24.797 --> 00:42:30.462 - to add, since, you know, this is recorded and everything that 00:42:30.690 --> 00:42:35.964 - It's a real bummer that Friendly Base is getting kicked out of the space like the CIB is probably not 00:42:35.964 --> 00:42:41.136 - using this for a hotel, but it's going to demolish everything and it's going to be empty for years. 00:42:41.136 --> 00:42:46.307 - I just want to thank Friendly Base also for like activating the beeline and a space that I think is 00:42:46.307 --> 00:42:47.134 - going to become 00:42:47.746 --> 00:42:54.585 - problematic with nobody there. It's been awesome. I live really close and it's been really awesome to 00:42:54.585 --> 00:43:01.692 - have this as a hub and a place to go in our neighborhood that will be truly missed and we'll have nothing 00:43:01.692 --> 00:43:08.464 - probably for a long time. Thank you, Friendly Beasts. I'm sure the new neighborhood will love having 00:43:08.464 --> 00:43:15.437 - you there, but I am totally bummed that you have to leave. Absolutely. All right. Cicada. Cicada, seven 00:43:15.437 --> 00:43:16.510 - minutes. Sorry. 00:43:18.242 --> 00:43:25.925 - All right, so cicada cinema is renovating a former warehouse into a small community movie theater. This 00:43:25.925 --> 00:43:28.510 - will actually watch the neighbors. 00:43:28.578 --> 00:43:34.742 - of a project that triggers ADA compliance is required because movie theaters are classified as group 00:43:34.742 --> 00:43:40.845 - A1 assembly spaces under Indiana Building Code. This part of the renovation at Cicada Cinema was to 00:43:40.845 --> 00:43:47.009 - build a second ADA compliant restroom with appropriate portions, fixtures, and grab bars, and modify 00:43:47.009 --> 00:43:53.112 - the existing restroom to meet ADA standards. This project also includes constructing a vestibule to 00:43:53.112 --> 00:43:58.544 - block light and sound from the lobby from entering the auditorium, which will, likewise, 00:43:58.544 --> 00:44:10.907 - to be built to full ADA compliance. Total ask is $10,619. CICADA confirmed committed funding is $2,654.75. 00:44:10.907 --> 00:44:22.230 - And the total request from the VUEA is $7,965. And this is Josh from CICADA Center. Oh, and Kate. 00:44:22.230 --> 00:44:25.118 - And Kate, yeah. So yeah. 00:44:25.282 --> 00:44:33.327 - neighbors was friendly to me, so it's actually quite comparable to their ask. We're in pretty much the 00:44:33.327 --> 00:44:41.138 - same situation. We're moving into the warehouse space and are required to have second bathroom. Our 00:44:41.138 --> 00:44:49.027 - project funding is way, way, way higher than all of that asking and whatnot, just because we're kind 00:44:49.027 --> 00:44:54.494 - of totally renovating the space into something that it wasn't before. 00:44:55.074 --> 00:45:02.938 - with risers and equipment and all sorts of things. But as part of the process, we had to get an A1 occupancy 00:45:02.938 --> 00:45:10.224 - permit in the space, which we did not have. So we must then kind of comfortably have to meet all the 00:45:10.224 --> 00:45:17.582 - requirements that the state and building department requires, which included a second restroom, which 00:45:17.582 --> 00:45:21.406 - includes new plumbing, and that is really expensive. 00:45:21.602 --> 00:45:30.884 - So it's really comfortable to what their ask is. The landlord isn't responsible for that. We're a non-profit 00:45:30.884 --> 00:45:39.484 - volunteer run, so trying to raise funds to cover the costs that we didn't anticipate having to apply 00:45:39.484 --> 00:45:48.510 - for that A1 occupancy initially when we signed the lease. So this has been a surprise that we're required 00:45:48.738 --> 00:45:56.477 - It's also a good thing to have a compliant restroom and new plumbing. And we also have to put in the 00:45:56.477 --> 00:46:04.522 - safety security bars. It wasn't part of this specific ask. But yeah, it's relatively comparable to their 00:46:04.522 --> 00:46:12.567 - ask. And it's, yeah. And Kate could also speak to any other issue with the grant. No, I think you pretty 00:46:12.567 --> 00:46:17.854 - much summed it up, Josh. I think we did include with the application 00:46:17.986 --> 00:46:26.443 - project budget, if anybody was interested in seeing that. It's pretty extensive. Yeah, I did include 00:46:26.443 --> 00:46:34.984 - that in that. My question, again, for your match, is your landlord supporting any of the construction 00:46:34.984 --> 00:46:43.524 - budget policy? And so I should, again, request a waiver for their matching. And match the fund to the 00:46:43.524 --> 00:46:45.534 - total of $10,000. Yeah. 00:46:45.858 --> 00:46:56.433 - That's the maximum for that category, so $10,000, which is the shy of the total cost there, but with... 00:46:56.433 --> 00:47:07.007 - Are we doing the same thing? Yeah, we can, I mean, it's a board. We can make a decision on funding this 00:47:07.007 --> 00:47:14.430 - at a higher level. It is our prerogative to do some of, so we could fold 00:47:14.722 --> 00:47:21.578 - we could fund the full $10,619 that is within the guidelines. So yeah, before it's prerogative to do 00:47:21.578 --> 00:47:28.433 - so. Question, in your fundraising, what other types of things have you done? That's just from my own 00:47:28.433 --> 00:47:35.357 - curiosity. So yeah, as part of the fundraising, CICADA had a little bit of a nest stage just to start 00:47:35.357 --> 00:47:42.281 - the 10 years of doing this week. Just a little bit of money to start the initial rent and move in and 00:47:42.281 --> 00:47:43.774 - start a few projects. 00:47:43.938 --> 00:47:52.137 - We had a fundraising campaign with the IHCDA at state level to have matching fund grant funding. So 00:47:52.137 --> 00:48:00.992 - if the community raises $50,000, they were keeping in $50,000. Most of that is to be used for the equipment 00:48:00.992 --> 00:48:09.272 - and building the risers and a lot of the other aspects of the project. The ADA, basically the little 00:48:09.272 --> 00:48:11.486 - rooms that we had to do is 00:48:11.810 --> 00:48:20.934 - what this ask is for, but the funding from the state level was placemaking grants. So to encourage places 00:48:20.934 --> 00:48:29.972 - that the community can utilize and may require some free programming that had to build into that budget. 00:48:29.972 --> 00:48:38.665 - The big headlines you could well exceeded that. Really excited about that. Yeah. Yeah. That's great. 00:48:38.665 --> 00:48:39.870 - I think also, 00:48:39.970 --> 00:48:46.826 - not only the movie theater, but I think people are excited that Family Beast is moving in to create 00:48:46.826 --> 00:48:53.888 - kind of like a community hub. Yeah, very awesome. A town kind of near the trades district that I think 00:48:53.888 --> 00:49:00.813 - can bring in the arts and culture and share. Yeah. Yeah. We kind of like to think that it's creating 00:49:00.813 --> 00:49:07.806 - sort of a Western gateway to that whole corridor. It's great. Awesome. All right. Do we have a motion 00:49:07.806 --> 00:49:08.766 - on what we'll 00:49:09.090 --> 00:49:22.686 - Fund for for this motion. What we have to 10,006, 19, 619. Yes. I mean, isn't the grant amount 10,000? 00:49:22.686 --> 00:49:33.246 - She said it is the board's discretion. So we have a motion for a 10,619 second. 00:49:34.242 --> 00:49:45.771 - Can I read your call? Yes. Virginia Guthrie, yes. Heather Robinson, yes. Jane Tupfer-Smith, yes. Lisa 00:49:45.771 --> 00:49:57.186 - Spinelli, yes. Kate Rosenbarger, yes. All right. Motion approved. Thank you. All right. Thank you so 00:49:57.186 --> 00:50:03.742 - much. Thank you, everybody. Thank you. Recording stopped.