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A, <br />I e <br />the challenge of quantifying the risk of doing nothing, especially regarding major projects like <br />the mall redevelopment, where inaction could lead to significant long-term decline. <br />The conversation ends by tying back to the fact that funding and feasibility concerns are <br />important factors. These issues will need to be addressed in the planning and engineering phases, <br />as they are crucial to ensuring the success of the larger projects and minimizing the risks <br />associated with incomplete developments. <br />Mr. David motioned to recommend adoption to City Council; seconded by Mr. Leon. <br />Motion Passed: 5-0 <br />REORGANIZATION <br />Mr. David was nominated to sit as chairperson for 2025; he accepted; no other nominations for <br />chair; all in favor; none opposed to Mr. David as chairperson. <br />Mr. Olivos and Mr. Leon were both nominated as vice chairperson. Mr. Olivos declined and Mr. <br />Leon accepted; all in favor; none opposed to Mr. Leon as vice chairperson. <br />COMMUNICATIONS <br />The board and staff welcomed Mr. Mineo as the commissions newest member. Director Upton <br />shared that they are still working through filling Mr. Marrie's seat on the board. <br />ADJOURNMENT <br />With no further business before the board, the meeting adjourned at 8:09 p.m. <br />Tom David, Chair <br />Approved: o"2 / I -,�- ) 2 & �L 5- <br />Vl,f <br />lis? <br />]Yyn Wilson, Administrative Assistant <br />4 <br />