00:00:08,030	Morning everybody, it’s uh 9 o’clock on Thursday, August 8th, 2024, and this is the appointed time and place for the Bismarck Parking Authority’s monthly meeting. I see that we have a quorum present, so I’ll call the meeting. To order the first item of business would be to consider the minutes of the July 11th regular meeting.

00:00:26,700	Any questions, comments, changes, corrections? If not, is there a motion to approve the minutes? A move. Moved and seconded all in favor signify by saying aye. All right, that motion I, that motion carries. We’ll move on to the regular agenda, which is pretty brief this morning. It’s August and typically it’s one of our.

00:00:48,170	Reefer meetings of the year, um, financial statements are up first. Does management have anything extraordinary, unusual, they would like to point out before we get to the question and answer phase, Jeremy, Mr. Chair, authority board members, um, through July’s statement here we’re on track on, um, I guess income and expense side of things, nothing, um.

00:01:10,070	Uh, completely out of the ordinary uh one item to note on professional fees month to date, um, paid in July that um that was for the CW structural engineering report that they prepared the inspection and report that they did for us back in May.

00:01:29,170	Um, The insurance is through the the EE uh shrine of the ramps and then on the month to date part, year to date includes um where we have uh. The business policy and then for the boilers, um, insurance separate through the commercial property entity, um, originally we budgeted $43,000 for the year in that category so you can see as we were talking about insurance rates going up, we are over budget by

00:01:51,030	11,000 on that, so. Um, And Our reserve account. Uh, 2,168,946 combined with checking of 247,845 we have total funds of 2,416,792 2,416, 792. I’d like to see that going up every month. That’s good. Um, questions of of Jeremy on the financials.

00:02:28,230	Jake, anything, any questions on the insurance, uh, Jeremy, do we typically get or qualify for a refund every year from EEF Or rebate or whatever it’s called and I and I don’t have those figures in front of me, but it’s typically calculated by like for the year at your end. OK. And that’s on a calendar year basis, right? I assume. OK.

00:02:50,800	If there’s no questions, is there a motion to approve the financials? Motion to approve the 2nd. Any further discussion hearing on call a roll, please, Sue. Jake, Jim, yes, that motion carries item 3 on the agenda is to review the timeline for the RFP on the arcade ramp repairs, construction documents, Jeremy. Oh yes, Mr.

00:03:18,300	Chair, Authority board members, we’ve got a, uh, some dates picked for publishing and this is for the um pre preparation of the construction documents and engineer services during the construction work, um, that we will have to put an RFP out for the arcade ramp uh recommended repairs, um, but the first step is for the engineer services and uh that would get published, uh.

00:03:42,570	For advertising starting next week, uh, August 14th, 21st, and 28th, so that’ll run for 3 weeks. Um, there’ll be a bidders walkthrough at the arcade ramp uh on August 22nd at 9 a.m. um, that is outlined, that will be outlined in the advertisement and then the official bid opening for uh Wednesday, September. 4th at 4 p.m.

00:04:05,870	and the mayor’s conference room. Um, that’ll be in time for the, uh, authority board to, uh, I guess, pick an award, um, a contract by the next meeting of September 12th.

00:04:33,870	Um, timelines then for the actual repairs or RFP for the construction company part of it, uh, we’re shooting or targeting for uh publishing dates of December, January time frame, um, with bid opening January 2025 so that we have um. Hopefully plenty of construction companies that are hungry at that time of year, uh, to start bidding for projects coming up for spring and summer. Uh, so we should be able to award a contract by February 2025 and start construction works summer of 2025.

00:04:52,230	Sounds like a plant. Any questions? Jeremy. Mayor anything on your end there, OK, OK. I suppose some people, if, if anybody’s watching, they might, but more arcade repairs is just like never ever end. But we gotta remember we’re dealing with a 70+ year old structure there, so. It’s gonna probably be an ongoing thing for some time.

00:05:17,430	Um, OK, if there’s no further questions on that item, we’ll move on to other business. or any other business this morning. Daniel, do you have any? Or Daniel Isaac, sorry. Anything from your Maria? And to give us an update on the street firstche status. We’ll put you on the spot a little bit.

00:05:40,400	Um, the street fair this year will be September 13th or 14th. That’s a Friday and a Saturday, uh, 10:00 a.m. to 8:00 p.m., 9:00 a.m. to 6:00 p.m. OK. Everything, everybody’s copacetic with the ramps and everything, OK. OK. Is there anything further for the good of the order, Kyle? No Jake.

00:06:06,400	Janelle says we have to meet because we have to approve the financials whether there’s any business or not, so, so here we are. All right, well, we could talk about the weather or Um, if there’s no further business and if there’s no objection, we stand adjourned until our next meeting on September 12th.