PROPERTY MANAGEMENT COMMITTEE MEETING
MINUTES
419 Talmage Rd Suite
M,
Committee Members present: Bob Simonson and Leo Sears.
Also present: Executive Director Doug Christy, Executive Assistant Dina Polkinghorne
Upon motion by Director Sears, 2nd by Director Simonson, and carried
(2-0), the agenda was approved with the following changes: Under Item E “Conduct of Business” change E.3 to “Equipment Donation” and move old number E.3 to E.4.
2. Consideration
of Property Acquisition Proposals
a. A & MR Parcels
Mr. Christy reported that he is aware of the policy in regards to
property sales, but he still wanted to bring every offer to the committee. The
first offer was a piece of land along the A & MR. There was a discussion on
whether the land had any value to railroad operations. Director Sears offered
to talk to Bruce Taylor, the person making the offer, because he has an
established relationship with this person.
The committee recommended that Director Sears look into the matter
further.
b. Property adjourning
The committee determined that this was not an offer to purchase, but
actually a temporary use request that can be handled by staff.
3. Equipment Donations
Mr. Baldo of Roots of Motive Power has formally requested a donation of
equipment. There was a discussion on potential scrap value revenue and the
reality that there is no scrap dealer willing to come and haul it out,
rendering it essentially value-less. There was further discussion regarding the
historical value.
The committee directed staff to create a memo asserting that the
equipment has no residual value or use for the railroad or monetary value for
the NCRA, and further state approval for the donation of equipment to Roots of
Motive Power, a non-profit group.
4. Property Management Function
Mr. Christy went over a draft spreadsheet he created for the CTC, for a
scenario where there is no railroad operating and property revenue becoming the
sole source of revenue. There was further discussion regarding the current
property revenue, and how the NCRA has fallen short of its goal on a
year-to-date basis, due to the fact that there is no active staff member managing
the property. Mr. Christy suggested that
the NCRA could easily hire a receptionist/secretary for a reasonable wage and
that current Executive Assistant, Dina Polkinghorne, could take on this
function.
The committee recommended that Ms. Polkinghorne take over the
administrative operations of property management and directed staff to come up
with a salary structure that could resolve the property management and office
infrastructure issues.
None
G. ADJOURNMENT