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Detroit FRC City Meeting Minutes April 29, 2024

Detroit Financial Review Commission


Monday, April 29, 2024, at 1:00 p.m.

Remotely Using Microsoft Teams


Approved May 20, 2024

  1. Call to Order
    1. Chairman, Kevin A. Smith called the meeting to order at 1:00 p.m.
  2. Roll Call
    1. Let the record show that six (6) commission members were present. A quorum was present at this meeting.
  3. Approval of the Proposed Minutes from the February 26, 2024, Regular City Meeting
    1. Motion made by commissioner Walsh and seconded by commissioner Rose to approve the draft minutes of the commission’s city meeting as presented. Motion moved and supported; the commission approved the minutes of the above 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 February 29, 2024, 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. City’s Monthly Financial Report for eight months ended February 29, 2024 – FYI Only
    1. Staff from the OCFO’s office of the city of Detroit discussed the above-mentioned financial report and addressed questions from the commissioners.
  6. Old Business
    1. None
  7. New Business
    1. None
  8. Public Comment
    1. None
  9. Next Meeting Date
    1. City Regular Meeting: Monday, May 20, 2024, at 1:00 p.m., 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 1:18 p.m.

Roll Call:

Members Present – 6

  • Hakim Berry
  • Jen Flood
  • Jay Rising
  • Ron Rose
  • Kevin Smith
  • John Walsh

Members Absent –4

  • Dr. J. Barnwell
  • Angelique Peterson-Mayberry(non-voting)
  • Mary Sheffield
  • Dr. Vitti (non-voting)