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Detroit FRC City Meeting Minutes December 18, 2023

Detroit Financial Review Commission


Monday, December 18, 2023, at 1:00 p.m.

Via Microsoft Teams

Approved Meeting Minutes


  1. Call to Order
    1. Chairman, Kevin A. Smith called the meeting to order 1:00 p.m.
  2. Roll Call
    1. Let the record show that seven (7) Commission were present, A quorum was present.
  3. Approval of the Proposed Minutes from the November 13, 2023, Regular City Meeting
    1. Motion made by Commissioner Rose and supported by Commissioner Berry to approve the draft minutes of the Commission’s November 13, 2023, city meeting as presented. The Commission approved the minutes of the city meeting as presented.
  4. Executive Director’s Report
    1. Patrick Dostine, Executive Director, informed the meeting that in reviewing the City’s monthly report ending October 31, 2023, the city continues to pay its debt obligations, remains in compliance, and there is no reason to consider rescinding the waiver at this time.
  5. Old Business
    1. None
  6. New Business
    1. None
  7. City’s Financial Report for four months ended October 2023 – FYI Only
    1. CFO Jay Rising gave an overview of above-mentioned financial report and addressed questions from the commissioners.
  8. Public Comment
    1. None
  9. Next Meeting Date
    1. City Regular Meeting: Monday, January 29, 2024, at 1:00 pm, remotely using Microsoft Teams.
  10. Adjournment
    1. Motion made by Commissioner Rose and supported by Commissioner Berry to adjourn. The Commission approved the motion to adjourn.
    2. There being no further business, the meeting adjourned at 1:09 p.m.

Roll Call

Members Present –7

  • Hakim Berry
  • Angelique Peterson -Mayberry
  • Jay Rising
  • Ron Rose
  • Kevin Smith
  • Dr. N. Vitti
  • John Walsh

Members Absent –3

  • Dr. J. Barnwell
  • Jen Flood
  • Mary Sheffield