10.23.24 Redevelopment Authority

The Fall River Redevelopment Authority convened on October 23, 2024, addressing several administrative and project-specific items. The board approved the minutes from September 25 and the October warrant totaling $9,677.29. An amendment to Executive Director Sarah Page's employment agreement, extending her term until October 4, 2026, was also approved. Karen Martin provided updates on the 2023 fiscal year audit, which is pending finalization due to an auditor's recommendation to reclassify revenue from the 2501 South Main Street school property from a lease to a purchase/sale, a change related to GASB standards.

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