Executive Committee Meeting - February 2025

Downtown Chattanooga Alliance

Executive Committee Meeting

February 12, 2025 - 2:00pm

Location: 715 Market St, 2nd Floor Conference Room, Chattanooga, TN 37402

1. Call to Order and Minutes Approval

Todd Philips called the meeting to order. Executive Committee members attending were Susan Harris,

Adam Kinsey and Gordon Stalans. Also present was Steve Brookes, Executive Director of the DCA.

The minutes from the January 8 th , 2025 Executive Committee meeting were approved.

2. 2025 CBID Assessments

The DCA is investigating other funding sources, including an increase in the assessments for 2026.

3. DCA Office Lease

Todd and Kelly Fitzgerald are going to investigate what current market rate is for similar office space so

the DCA can decide how to move forward.

4. Finance Committee Meeting Update

The finance committee met and will be waiving 90% of the assessment of the YMCA and 100% of

United Way. The final vote will go to the Board.

There is $11,000 past due for 2023 assessments that will be turned over to collections.

5. DCA Finance Statement

Reserves are currently being used but will be replenished with new assessments.

Public Comments

Meeting Adjourned