CCSD February 24, 2025 Board of Directors Meeting Minutes

MINUTES
REGULAR MEETING OF THE
BOARD OF COMMISSIONERS OF THE
CENTRAL CAROLINA STRATEGIC DEVELOPERS
MONDAY, FEBRUARY 24, 2025, AT 6:00 P.M.
317 CHATHAM ST., SANFORD, NC 27330

The meeting of the members of the Central Carolina Strategic Developers was held at 317 Chatham Street, Sanford, NC 27330, on Monday, February 24, 2025, at 6:00 p.m. in the central office conference room.

The meeting was advertised through the Sanford Housing Authority website, www.sha-nc.org.

Roll Call: The meeting was called to order at 6:00 p.m. by Chairwoman White on roll call. The following members were present:

Present

Chairperson Hope White
Vice Chairperson William Newby
Commissioner Holly Aeschliman
Commissioner Jackie Dalrymple
Commissioner Dianne Sinnamon
Commissioner Dr. Karen Wicker

Absent

Commissioner Erin Britton

SHA Staff present:

Dr. Michael C. Threatt, Chief Executive Officer
Ms. Deborah Kauba, Controller
Ms. Sherri Campanale, Director of Operations
Mr. Patrick Crook, PH Property Manager
Ms. Crystal Soriano-Silva, Interim HCV Manager
Ms. Tamesia Wright, Lead FSS & Resident Services Coordinator
Ms. Tabatha Ferguson, Housing Specialist
Ms. Renate Bennett, Housing Specialist
Ms. Sarah Hudson, Executive Assistant to the CEO/Communications Coordinator

Also Present:

Mr. Walter Ferguson, City Councilman

Public Comments: None

Adoption of the Agenda: Ms. Dalrymple made a motion to approve the February regular board meeting agenda. Ms. Aeschliman seconded the motion. All were in favor; the motion passed unanimously.

Old Business: None

New Business:

Resolution 2025-01: Resolution to Approve Third-Party Property Management Company: Ms. Dalrymple made a motion to approve the resolution to award the Low-income Housing Tax Credit (LIHTC) third-party property management contract to Royal American Management. Ms. Aeschliman seconded the motion. All were in favor; the motion passed unanimously.
Resolution 2025-02: Resolution to Approve Consulting and Shared Services Agreement: Dr. Wicker made a motion to approve the resolution to approve the Consulting and Shared Services between Sanford Housing Authority and Central Carolina Strategic Developers, with the correction of the words "Dothan Housing Authority" to the word "Central Carolina Strategic Developers" in the agreement. Ms. Dalrymple seconded the motion. All were in favor; the motion passed unanimously.
Resolution 2025-03: Resolution to Approve Write-Offs for Q1 Oct. 2024 - Dec. 2024: Ms. Dalrymple made a motion to authorize the write-off of collection losses in the amount of $6,047.05 for the period of October 1, 2024, through December 30, 2024. Ms. Aeschliman seconded the motion. All were in favor; the motion passed unanimously.
- Board members requested that future write-off approval requests related to vacated tenant account balances include the number of tenants or accounts included in the write-off amounts.
Resolution 2025-04: Resolution to Approve Name Changing for the 226 Linden Property: Ms. Dalrymple made a motion to approve the resolution to change the name of the housing complex currently known as 226 Linden to the Hope W. White Village in honor of SHA's Board Chairwoman Hope W. White. Ms. Aeschliman seconded the motion. All were in favor; the motion passed unanimously.
Resolution 2025-05: Resolution to Approve Annual Operating Budget for MGG from CCSD for FY2023-2024: Ms. Dalrymple made a motion to approve the resolution to approve the Operating Budget for FY2023-2024 for the MGG development. Mr. Newby seconded the motion. All were in favor; the motion passed unanimously.
Resolution 2025-06: Resolution to Approve Annual Operating Budget for MGG from CCSD for FY2024-2025: Ms. Dalrymple made a motion to table the resolution to approve the Operating Budgets for FY2024-2025 for the MGG developments. Ms. Aeschliman seconded the motion. All were in favor; the motion passed unanimously.
- Board members requested that this budget be revisited and ready to vote on at the next Board meeting in March.

CEO Report: None

Department Reports: None

Closed Session: The Board did not go into closed session during this meeting.

Adjournment

Ms. Sinnamon made a motion to adjourn the regular meeting for the Board of Commissioners for Sanford Housing Authority; Ms. Dalrymple seconded the motion. All were in favor; the motion passed unanimously.

Minutes prepared by Sarah Hudson

Approved:

Hope W. White, Chairwoman, SHA Board of Commissioners
Dr. Michael C. Threat, Secretary