CCSD June 30, 2025 Board of Directors Meeting Minutes

MINUTES 
REGULAR MEETING OF THE
BOARD OF DIRECTORS OF THE 
CENTRAL CAROLINA STRATEGIC DEVELOPERS
MONDAY, JUNE 30, 2025, AT 6:00 P.M. 
DENNIS A. WICKER CIVIC & CONFERENCE CENTER
180 NASH STREET, SANFORD, NC 27330

The regular meeting of the members of the Central Carolina Strategic Developers Board of Directors was held at the Dennis A. Wicker Civic & Conference Center located 1801 Nash St, Sanford, NC 27330, on Monday, June 30, 2025, at 6:00 p.m. 
 
The regular board meeting was advertised on the Sanford Housing Authority website, www.sha-nc.org.

1. Roll Call: The meeting was called to order at 8:40 p.m. by Chairwoman White on roll call. The following members were present:

Present

• Chairwoman Hope White 
• Commissioner Jacquelyn Dalrymple 
• Commissioner Diane Sinnamon 
• Commissioner Dr. Karen Wicker (virtual)

Absent

• Vice Chairman William Newby 
• Commissioner Holly Aeschliman 
• Commissioner Erin Britton

Staff Present

• Dr. Michael Threatt, Chief Executive Officer 
• Deborah Kauba, Chief Financial Officer 
• Renate Bennett, Interim Director of Rental Assistance 
• Tabatha Ferguson, Interim Business Services Manager 
• Danielle Tilghman, Asset Manager 
• Tonya Davis-Buie, Asset Manager 
• Christina Barrow, Interim Lead Resident Services Coordinator
• Jeffrey Gorley, Lease Enforcement Safety Coordinator

Staff Present

• Crystal Williams, New Board Director

2. Approval of Agenda: Commissioner Dalrymple made a motion to approve the agenda. Commissioner Sinnamon seconded the motion. All were in favor; the motion passed unanimously.

3. Old Business: None

4. New Business:

1. Resolution: 2025-08: Resolution to Amend Article V of the Bylaws to Clarify Officers' Roles and Responsibilities
   
   Chairwoman White called for a motion. Commissioner Dalrymple made the motion to approve the amendment to Article V of the Bylaws to clarify the roles and responsibilities of the officers, as outlined in the proposed revision. Commissioner Sinnamon seconded it. All were in favor, and the motion passed unanimously.
   
   
2. Resolution 2025-09: Resolution to Acknowledge Form 990 for Fiscal Year 2023
   
   Chairwoman White called for a motion. Commissioner Dalrymple made the motion to approve, acknowledge receipt, and review of IRS Form 990 for Fiscal Year 2023, as submitted by the agency's auditors. Commissioner Sinnamon seconded it. All were in favor, and the motion passed unanimously.

5. CEO Report:

1. Utility Bill Responsibility Postponement Until October 2025 Letter Update:

Chairwoman White explained how Dr. Threatt discussed the CCSD's utility bill responsibility postponement for the MGG and 226 Linden developments during the SHA's board meeting.

6. Department Reports:

1. Asset Management
   • RAD PBV (LIHTC)/ PBV and Maintenance Reports

Chairwoman White explained how Ms. Tilghman presented the RAD PBV (LIHTC)/PBV and maintenance reports for the MGG and 226 Linden developments during the SHA's board meeting.

7. Board Elections

Chairwoman White called for a motion to adopt the elections of the SHA as the CCSD, which is the affiliate of the SHA and has the same board officers. Commissioner Dalrymple made a motion to adopt the election from the SHA Board Meeting. Commissioner Sinnamon seconded it. All were in favor, and the motion passed unanimously.

8. Directors' Comments: None

9. Public Comments: N/A

10. Closed Sessions (If Needed): N/A

11. Adjournment:

Chairwoman White requested a motion to adjourn the regular meeting. Commissioner Dalrymple motioned to adjourn the regular board meeting. Commissioner Sinnamon seconded the motion. All were in favor, and the motion passed unanimously. The regular board meeting was adjourned at 8:45 p.m.

Minutes prepared by Dr. Michael C. Threatt, Secretary

Approved:

• Dr. Karen Wicker, Chairwoman 
• Dr. Michael C. Threatt, Secretary