Downtown News

DDC Holds Annual General Meeting April 15, 2005

The DDC Board of Management held its Annual General Meeting today, Friday, April 15 at 8:30 am at the Anna Templeton Center on 278 Duckworth Street. The 2004 Annual Report was presented to those in attendance as well as the 2004 Audited Financial Statements as 2005 Operating Budget.

Chairman, Bill Mahoney presented an overview of the work of the DDC over the last year as well as a report of exciting projects for the 2005 year. He highlighted the hard work to date by staff and Board on the upcoming Open Spaces Revitalization Program. The program will see the revitalization of three open spaces in the BIA in 2005. He went on to discuss future plans that will see the revitalization of up to 25 spaces throughout the area as identified in the DDC Open Spaces Inventory conducted by the Grand Concourse Authority. The conceptual drawings were on display for viewing and will be on display at the DDC offices at 155 Water Street.

Mr. Charles Cook, DDC Treasurer, presented the 2004 Audited Financial Statements as well as the 2005 Operating budget. Representatives from the auditing firm Deloitte and Touche were present to assist in any questions brought forward by those in attendance.

With the formal part of the meeting completed, presentations were handed out to past DDC Board members as well as past City Council Liaison Art Puddister. The Chair presented Mr. Peter House, Mrs. Nycki Delisle, Mr. Patrick Martin and Councilor Art Puddister with tokens of appreciation for their efforts with the DDC Board of Management over the years.

The final part of the meeting allowed for questions and discussion from the floor. The meeting was adjourned and an invitation from the staff of the Anna Templeton Center was extended to those in attendance to tour the facility and learn a little more of its history and programs.

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