Members of the Downtown Boone Development Association on Thursday heard updates about a number of projects and issues affecting downtown.

About 30 people attended the annual membership meeting of the DBDA, which is required to be held by the organization’s bylaws.

DBDA Board Member Jason Berry provided an update of the organization’s finances.

The DBDA administers downtown (Municipal Service District) tax revenues for promotional activities and physical improvements in coordination with the town of Boone’s downtown coordinator. The DBDA also raises private funds for various projects.

Berry said the exact MSD fund balance amount from the 2011-12 fiscal year would not be available until the town of Boone’s audit is complete but said it is approximately $89,000. The MSD budget for fiscal year 2012-13 is $112,436.

“We’ve been able to save a substantial amount of money to be used toward some of the projects that will be discussed later tonight,” Berry said.

Balances in other DBDA accounts are $28,296.99 in the DBDA operating account; $18,824.69 for the Doc Watson sculpture project; $3,134.29 for public art; and $26,440.92 for the Appalachian Theatre project.

Members were asked to approve new appointments to the DBDA Board of Directors. DBDA members can act as voting proxies for other members not present at the meeting.

The DBDA membership appoints six members to the DBDA board of directors, and the Boone Town Council appoints six other directors.

The DBDA’s proposed slate of appointments include reappointments of Doe Ridge Pottery owner Bob Meier and current DBDA President Dempsey Wilcox to terms expiring in 2015 and the appointment of Appalachian Law Center’s Robb Olsen to fill the a term vacated by Sam Ratchford that expires in 2013.

Harmon’s Dixie Pride owner Brad Harmon, whose one-year term expired this year, has been reappointed to a three-year term on the board by the Boone Town Council. Sheri Moretz, public relations specialist for Mast General Store, was also appointed by the council to a three-year term, replacing outgoing board member Janet Mahala.

New board officers will be elected at next month’s board meeting.

Officials and volunteers provided updates on the Appalachian Theatre restoration effort; the formation of a Cultural Resources Board to manage the Jones House and other town cultural facilities; and planned downtown infrastructure improvements.

Boone Mayor Loretta Clawson said the restoration of the downtown Boone post office, which the town purchased in 2009, is expected to be complete in February 2013.

“We never have any complaints about purchasing the post office,” Clawson said.

Mast General Store owner John Cooper said the capital campaign for the Appalachian Theatre restoration project is currently in the silent phase.

“We’re seeking gifts of $25,000 or more,” he said.

For more information about the DBDA, visit http://www.downtownboonenc.com or call (828) 262-4532.