Finance Meeting Agenda.pdf

The Capitalize Albany Corporation Finance and Investment Committee will hold a remote meeting on April 19, 2021, to discuss various topics, including review of minutes, financial updates, new business, and other business. The meeting's agenda includes reviewing minutes from the March 15, 2021 meeting, discussing financial updates such as investments and quarterly financial reports, and addressing new business items like the Montgomery Street/APA update and Clinton Market Collective update. The committee will also discuss other business matters. The meeting is open to the public via conference call.

Detailed minutes from the March 15, 2021 meeting are provided, covering discussions on various topics, including the review of minutes, new business, old business, and other business. The committee reviewed and approved the minutes from the January 11, 2021 meeting, discussed the Montgomery Street/705 Broadway easements, and addressed loan portfolio updates and Liberty Park updates. The committee also discussed the Clinton Market Collective project and its financial commitments.

Financial reports are provided, showing revenue and expense variances, including general economic and community development support income, real estate income, professional service agreement income, loan interest income, fee income, direct finance lease income, investment and interest income, and membership and event support. Expense reports include salaries and fringe expenses, professional fees, administrative expenses, interest expenses, and real estate expenses.