BioDistrict New Orleans Board of Commissioners public meetings in 2021
4 substantive meetings from 2021, with official agendas or minutes and plain-English summaries.
BioDistrict New Orleans Board of Commissioners
The Board of Commissioners will meet via Zoom to receive financial and partner updates. The body will consider a motion to retain external counsel and review a Build Back Better application update.
- Motion to consider retaining external counsel
- Build Back Better application update
- Resolution honoring Dr. Gene D’Amour
- Welcome of new members Judith Dangerfield, Charlotte Parent, and Dr. Levon Bostanian
- Financial report by NOLABA
The Board approved retaining external counsel for public records requests and CEA support. The Board also received a financial report showing a balance of $21,781.62 and discussed a $500,000 planning grant received by NOBIC.
- Approved retaining external counsel Sharonda Williams at $225/hour capped at $7,500 annually
- Adopted meeting agenda
- Adopted previous board meeting minutes
- Passed resolution honoring Dr. Gene D’Amour for his service
BioDistrict New Orleans Board of Commissioners
The BioDistrict New Orleans Board of Commissioners conducted its June 7, 2021, meeting via telephone due to quorum requirements under Proclamation JBE 2020-30. The agenda included a financial report by NOLABA and updates regarding various partner institutions.
- Financial report by NOLABA including insurance payment and summary statement
- TIF updates
- Partner updates from Tulane University, LSU, LCRC, Xavier, and Delgado
The Board approved the Cooperative Endeavor Agreement (CEA) with the City of New Orleans. The agreement involves a 20-year Tax Increment Financing (TIF) plan to support bioscience job creation and infrastructure.
- Approved the CEA with the City of New Orleans
- Adopted the agenda for the June 7, 2021 meeting
- Adopted previous board meeting minutes
BioDistrict New Orleans Board of Commissioners
The Board reviewed a draft presentation for a Tax Increment Financing (TIF) proposal to the City and State. Members discussed funding caps, project categorization, and the inclusion of equitable language and workforce development. No formal votes were recorded.
- Discussed TIF proposal with a requested sales tax cap of 2% and a funding cap of $25 million
- Proposed categorizing investments into buckets: Business Development, Place Making, and Equitable Inclusive Growth
- Proposed establishing matching funds for bio-companies and workforce scholarships/fellowships
- Discussed funding for NOBIC program support and the revitalization of Duncan Plaza
- Proposed including a renewal plan to address blight and improved transit amenities
- Discussed providing funding for workforce housing and services for the homeless population
BioDistrict New Orleans Board of Commissioners
The provided document is a meeting notice for the BioDistrict New Orleans Board of Commissioners. The agenda contains no specific discussion items or proposed actions.
The Board approved the February 2021 financial report and granted NOLABA access to BioDistrict financials. Members discussed an upcoming Tax Increment Financing (TIF) presentation to the state legislature and the collection of CDBG block grant expenditure records.
- Approved February 28, 2021 financial report
- Approved NOLABA access to financials and listing executive officers as check signers
- Adopted meeting agenda
- Adopted previous board meeting minutes