HomeMy WebLinkAboutCRC-06-18-14 CRC Meeting, June 18, 2014
CARMEL REDEVELOPMENT COMMISSION Meeting, Wednesday,
June 18, 2014
ATTENDANCE:
President Bill Hammer Present
Vice President Dave Bowers Present
Secretary Brad Meyer Not Present
Treasurer Diana Cordray Not Present
Member Jeff Worrell Present
Member Bill Brooks Present
Member Greg Phillips Not Present
Executive Director Corrie Meyer Present
Financial Consultant Michael Lee Present
Legal Consultant Karl Haas Present
President Bill Hammer called the meeting to order at 6:41 p.m.
The Pledge of Allegiance was said.
Bid Opening: RFP Responses for property located at 7th Street NE and 2nd Avenue NE
Mrs.Meyer gave background on this project and opened the bid received. Mrs. Meyer requested
a few moments to review the bid to determine if it met the minimum purchase price. Mr. Hammer
suggested moving on to approval of minutes then returning to address this item.
Approval of Minutes
May 7, 2014: Mr. Worrell moved to approve, seconded by Mr. Brooks. Passed unanimously.
May 30, 2014: Mr. Worrell moved to approve, seconded by Mr. Bowers. Unanimously approved.
Bid Opening: RFP Responses for property located at 7th Street NE and 2nd Avenue NE
Mrs.Meyer stated the one proposal received was from Old Town Development and included a
bid for purchase of the parcel as-is for$65,000. Mrs.Meyer stated this is well under the
$203,000 minimum purchase price.
Mr. Brooks moved to reject the proposal, seconded by Mr. Bowers. Discussion ensued regarding
next steps in the process. The motion passed unanimously.
Financial Matters
Mr. Lee stated the end of month May balance of the Commission totaled $170,077 and
$2,173,036 with restricted funds.
Mr. Lee gave an update on outstanding receivables. Mrs. Meyer gave an update regarding the
outstanding payment from Keystone Development.
Approval of Claims
Mr. Lee requested the Commission approve non-operating claims in the amount of
$8,878,233.95. Mr. Lee noted$8.7 million of this amount is for the semi-annual bond payments
due this month and next and that the amount is within the budget.
Mr. Bowers moved to approve payment of non-operating invoices in the amount of
$8,878,233.95, seconded by Mr. Brooks. Passed unanimously.
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CRC Meeting, June 18, 2014
Mr. Lee requested the Commission approve PAC construction fund claims in the amount of
$58,789.50. Mr. Worrell moved to approve disbursement of PAC funds in the amount of
$58,789.50, seconded by Mr. Bowers. Passed unanimously.
Approval of Change Orders
There were no change orders to come before the Commission this month.
Intent of TIF Increment
Mr. Lee stated that each year the State requires the Commission to make determinations relating
to its need to capture TIF revenues for the following budget year. Mr. Lee stated staff is prepared
to provide written notification to the appropriate taxing units of the Commission's intent to
capture all of the available TIF revenues.
Discussion ensued.
Mr. Brooks moved for approval of this action item, seconded by Mr. Bowers. Approved
unanimously.
Approval of Revised 2014 Budget
Mr.Lee gave background and outlined the revisions. Mrs.Meyer stated this has been through the
Finance Committee and was reviewed and discussed by staff,committee members and five City
Council members at the public Finance Committee meeting on May 21. Mrs.Meyer stated there
was also a working group meeting with the Clerk-Treasurer's office on June 17 to work through
roles and responsibilities in association with the new SEA 118.
Discussion ensued.
Mr.Worrell moved to approve the budget as presented, seconded by Mr. Bowers. Passed
unanimously.
Committee Reports
There were no further updates from the Finance Committee.
Mr. Hammer stated the Architectural Committee will start to meet again with members Mr.
Worrell,Mr. Meyer and Mr. Phillips. Mr. Hammer stated that Mr. Brooks will join Mr. Bowers
on the Finance Committee.
Update on Properties
Mrs.Meyer gave an update on the Nash building and The Mezz project. Mrs. Meyer stated a
detailed report regarding project updates goes before the City Council at their first meeting each
month.
Discussion ensued.
Old Business
None at this time.
New Business
Approval to go out to bid for construction work for site work associated with the Nash and Mezz
projects
Mrs.Meyer gave detail on the scope of work for this project and requested approval to release the
construction documents for the site work associated with the Nash and Mezz projects.
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CRC Meeting, June 18, 2014
Discussion ensued.
Mr. Brooks moved to authorize staff to go out to bid for the construction work associated with the
Nash and Mezz projects. Seconded by Mr. Bowers and unanimously approved.
Approval to go out to bid for James building property management and maintenance contract in
partnership with 4CDC
Mrs.Meyer gave background on this item and requested that staff be allowed to issue a joint
request for proposal for James building property management and maintenance.
Discussion ensued.
The Commission approved this action unanimously.
Other Business
None at this time.
Adjournment
Mr. Bowers moved the meeting be adjourned pending the execution of documents and seconded
by Mr. Brooks. The meeting was adjourned at 7:31 p.m.
The next regularly scheduled meeting is Wednesday,July 16, 2014.
An executive session was held directly prior to the public meeting in which pending litigation and
the purchase or lease of real property were discussed. The Commission hereby certifies that no
subject matter was discussed in the executive session other than the subject matter specified in the
public notice.
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