August 25, 2025

DETROIT FINANCIAL REVIEW COMMISSION

REGULAR CITY MEETING

Monday, August 25, 2025, at 1:00 p.m.

Using: Microsoft Teams

MINUTES

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 7 Commission members eligible to vote were present. A quorum was present.
3. Approval of proposed Minutes from the July 28, 2025, Regular City Meeting
   1. Motion made by commissioner Berry and supported by commissioner Rose to approve the draft minutes of the commission’s July 28, 2025, city meeting as presented. The commission unanimously approved the minutes as presented.
4. Executive Director’s Report
   1. Patrick Dostine stated that based upon the city’s monthly financial report for the 12 months ending June 30, 2025, the city continues to remain in compliance with all statute relevant to the waiver status.
   2. Mr. Dostine informed commissioners that the August 5 primaries were held. Council President Mary Sheffield and Rev. Solomon Kinloch were the two top vote getters for the mayoral race in November. Mr. Dostine also informed the commission that two of the 9 council seats are uncontested for the November elections, the remaining seven seats are all contested. Lastly, Mr. Dostine updated commissioners about the Plan of Adjustment (POA), that is, it is likely that the city will submit its status report in December to the bankruptcy court and recommend to the court that it close the POA.
5. Old Business
   1. None
6. New Business
   1. City’s request to issue $2 million in Installment Purchase Agreements (FRC Resolution 2025-3)
   2. Motion made by commissioner Rose and supported by commissioner Blaszkiewicz to approve the City’s request to issue $2 million in Installment Purchase Agreements (FRC City Resolution 2025-3) as presented. Motion moved and supported. The Commission approved City Resolution 2025-3 as presented.
7. City’s Financial Report for the 10 months ended April 30, 2024
   1. FYI Only
   2. Staff from the OCFO’s office of the city of Detroit discussed the above-mentioned financial report and addressed questions from the commissioners.
8. Public Comment
   1. Michelle George
9. Next Meeting Date
   1. City Regular Meeting: Monday, September 29, 2025, at 1:00 p.m. using Microsoft Teams
10.   Adjournment
    1. Motion made by commissioner Rose and supported by commissioner Stoudemire to adjourn. Motion moved and supported; the commission approved the motion to adjourn.
    2. There being no further business, the meeting adjourned at 1.40 p.m.

Roll Call

Members Present

• Dr. J. Barnwell
• Akim Berry
• David Blaszkiewicz
• Jen Flood
• Ron Rose
• Kevin A. Smith
• Tanya Stoudemire        

Members Absent

• Mary Sheffield
• Dr. Vaughn
• Dr. N. Vitti
• John Walsh