Board meeting, Dec 14, 2021

Board meeting, called to order 10:00, adjourned 11:58. Records we hold: agenda, draft minutes.

Dispositions heard: 5 approved, 1 tabled.

Who was there

From the minutes' roll call, and from the transcript where it records someone leaving. These are counts and names of what happened; the record does not say why anyone was absent.

Present at the start (10): Anne Fadullon, Alexander Balloon, Andrew Goodman, Richard DeMarco, Maria Gonzalez, Joshu Harris, Michael Johns, Michael Koonce, Rebecca Lopez-Kriss, Rick Sauer
Not at roll call: Majeedah Rashid
Arrived after roll call: none listed
Left early (where a transcript says so): none listed

Agenda items

Every item in the minutes, with the outcome and the vote as recorded. Dispositions link to their project. Fewer than six approvals is no decision, not a denial.

Item	What	Outcome	Vote	Speakers / letters
1	Roll call; executive session held before public session (Board received information about the day's agenda and about the Land Bank's efforts to obtain exemption from Philadelphia realty transfer tax for dispositions at nominal price with a…
2	Minutes of November 9, 2021 meeting	Approved
3	Election of Board officers and approval of 2022 Board meeting schedule		unanimous
4	Review and acceptance of audited financial statements for year ending June 30, 2021 (Mercadien, P.C.; presenters Digesh Patel and Matthew Daly)		unanimous
5	Executive Director's financial report year to date (draft budget vs. actual expenditures as of Oct 31, 2021; book value vs. appraised value of properties disposed)
6	Administrative interagency transfer of 4222 Powelton Ave, 4974, 4978, 4980 Kershaw St to PHDC for $4.00, to enable land exchanges with private owners securing two community gardens (One Art Center on Kershaw St lots; Holly Street Community…	Approved	unanimous	6 / 2
7.A	1707 Ridge Ave to TBM Group Inc.; mixed-use with ground-floor commercial and 12 market-rate rental units; $70,000; applicant owns at least 50% of site; unsolicited; EOP MBE 18% / WBE 7%	Approved	unanimous	1 / 0
7.B(1)	2316-50 N. 11th St and 1009-11 W. Dauphin St (Urban Creators) - announced as tabled by Chair Fadullon; to be presented at a future date	Tabled
7.B(2)	3215, 3217, 3221, 3223 Shelbourne St; 901, 905 E. Westmoreland St to Esperanza Health Center Inc.; managed open space; $140,000 appraised, $6.00 plus mortgage $139,994 per resolution; no EOP	Approved	unanimous	1 / 0
7.C.1	2046 Martha St side yard to Qing Xia Yang and Matas Smakotinas; $1.00 plus 30-year mortgage of $119,999 (appraised value)	Approved	8-2	3 / 1
7.C.2	3625 Wallace St side yard to Larita Jackson-Lee; $1.00 plus 30-year mortgage of $69,999	Approved	unanimous	1 / 0
8	Public comment (old and new business)			5 / 0
9	Adjournment

Documents

Meeting package (PDF, 139 pages; coming online soon)

Executive session topics: Information about the day's agenda; efforts to obtain exemption from Philadelphia realty transfer tax for dispositions at nominal price with mortgage for appraised value