GRAND RAPIDS — Members of the Downtown Development Authority unanimously re-elected Kayem Dunn as chairwoman and Paul Mayhue as vice chairman last week.
“Both have served us, I think, extremely well. We’ve got good leadership and we should stick with a good thing,” said Mayor George Heartwell, who represents the city on the nine-member board.
The DDA also welcomed Grand Rapids Community College President Juan Olivarez and Amway Grand Plaza Hotel President Joseph Tomaselli as its newest members last week.
“The DDA has been a big part of the (economic) growth; it has enabled it,” said Tomaselli.
“I want to be able to assist in the continuation of the growth,” added Olivarez.
The DDA awarded former members Casey Wondergem and Thomas Wesholski with certificates of appreciation for their lengthy service on the board. Neither was present to receive the award.
Board members appointed Jana Wallace and Judy Everett as treasurer and secretary, respectively, last week. The positions are new to the agency, which oversees economic development matters downtown.
The DDA had $11.45 million in total revenues for the last fiscal year, which ended on June 30, while total expenses were $10.9 million. The board ended the year with a fund balance of slightly more than $17 million.