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HomeMy WebLinkAbout12-15-2014 L000rcAe tie II ^7`,, City of C r0 r,,JJ//woo, Clerk-Treasurer COMMON COUNCIL MEETING AGENDA MONDAY, DECEMBER 15, 2014 - 6:00 P.M. COUNCIL CHAMBERS/CITY HALL/ONE CIVIC SQUARE MEETING CALLED TO ORDER 1. INVOCATION 2. PLEDGE OF ALLEGIANCE 3. RECOGNITION OF CITY EMPLOYEES AND OUTSTANDING CITIZENS 4. APPROVAL OF MINUTES a. November 17, 2014 Regular Meeting b. December 1, 2014 Special Meeting 5. RECOGNITION OF PERSONS WHO WISH TO ADDRESS THE COUNCIL 6. COUNCIL, MAYORAL AND CLERK-TREASURER COMMENTS/OBSERVATIONS 7. ACTION ON MAYORAL VETOES 8. CLAIMS a. Payroll - $1,422,756.76 b. General Claims - $3,345,584.83 c. Retirement d. Wire Transfers; Month of November 2014 - $1,281,290.83 9. COMMITTEE REPORTS a. Finance, Administration and Rules Committee b. Land Use, Annexation and Economic Development Committee c. Parks, Recreation and Arts Committee d. Utilities, Transportation and Public Safety Committee e. Report from the Carmel Redevelopment Commission f. Report from the Carmel Cable &Telecommunications Commission ONE CIVIC SQUARE CARMEL,INDIANA 46032 317/571-2414 1 10. OLD BUSINESS a. Fourth Reading of Ordinance D-2194-14; An Ordinance of the Common Council of the City of Carmel, Indiana, Authorizing and Approving an Additional Appropriation of Funds from the Operating Balance of the Rainy Day Fund($613,200 To Repair The Reflecting Pool); Sponsor(s): Councilor(s) Snyder and Rider. Remains in the Finance, Administration and Rules Committee. b. Second Reading of Ordinance D-2190-14; An Ordinance of the Common Council of the City of Carmel, Indiana, Amending Carmel City Code Section 8-120 (Specific Locations of Stop & Yield Intersections Designated—Schedule A) and its "Schedule A; Sponsor(s): Councilor(s)Finkam, Carter and Rider. Remains in the Utilities, Transportation and Public Safety Committee. c. Second Reading of Ordinance D-2198-14; An Ordinance of the Common Council of the City of Carmel, Indiana, Adding Chapter 2, Article 5, Section 2-188 (Historic Preservation for the City of Carmel) (b)(9)to the Carmel City Code; Sponsor(s): Councilor(s) Carter and Finkam. Remains in the Finance,Administration and Rules Committee. d. Second Reading of Ordinance D-2199-14; An Ordinance of the Common Council of the City of Carmel, Indiana, Amending Chapter 3, Article 1, Division II, Section 3-18 (Order of Business) of the Carmel City Code; Sponsor(s): Councilor(s) Carter and Finkam. Remains in the Finance, Administration and Rules Committee. e. Third Reading of Ordinance 1-598-14; An Ordinance of the Common Council of the City of Carmel, Indiana, Establishing the Sunrise on the Monon(77.85 Acres of Real Estate located at 9800 and 9876 Westfield Boulevard)Planned Unit Development District); Sponsor(s): Councilor(s) Schleif and Snyder. f. Resolution CC-10-06-14-03; A Resolution of the Common Council of the City of Cannel, Indiana, Approving Certain Matters in Connection with the Cannel Downtown Economic Development Area(Designating Motor Court East and West Allocation Area and the Pedcor Office 5 Allocation Area); Sponsor(s): Councilor(s) Seidensticker and Rider. Remains in the Finance, Administration and Rules Committee(12/11/14). Remains in the Land Use, Annexation and Economic Development Committee(12/15/14). g. Resolution CC-10-06-14-04; A Resolution of the Common Council of the City of Cannel, Indiana, Approving Certain Matters in Connection with the City Center Redevelopment Area(Designating the Kent Building Allocation Area); Sponsor(s): Councilor(s) Seidensticker and Rider. Remains in the Finance, Administration and Rules Committee(12/11/14). Remains in the Land Use, Annexation and Economic Development Committee (12/15/14). h. Resolution CC-11-03-14-01; A Resolution of the Common Council of the City of Carmel, Indiana Approving the Issuance of Bonds of the City of Carmel Redevelopment District(Construction, Improvement and/or Equipping Certain Local Public Improvements, Redevelopment Projects and Other Capital Improvements Serving the Carmel Downtown Economic Development Area and The City Center Redevelopment 2 Holland Building, Playfair Building, Spanish Steps, Rangeline Road Entrance and the Kent Building); Sponsor(s): Councilor(s) Seidensticker and Rider. Remains in the Finance, Administration and Rules Committee (12/11/14). Remains in the Land Use, Annexation and Economic Development Committee(12/15/14). Resolution CC-11-17-14-01; A Resolution of the Common Council of the City of Carmel, Indiana, Regarding an Intergovernmental Transfer of Real Property Interest(130 ls`Avenue SW); Sponsor(s): Councilor(s) Snyder and Rider. Remains in the Land Use, Annexation and Economic Development Committee. 11. PUBLIC HEARINGS 12. NEW BUSINESS a. First Reading of Ordinance D-2200-14; An Ordinance of the Common Council of the City of Carmel, Indiana, Amending Chapter 2, Article 4, Section 2-114(a) (Petty Cash Funds for City Departments) of the Carmel City Code; Sponsor: Councilor Snyder. b. First Reading of Ordinance D-2201-14; An Ordinance of the Common Council of the City of Carmel, Indiana, Amending Chapter 3, Article 1, Division II, Section 3-15(a)(4) (Clerk of the Council)of the Cannel City Code; Sponsor(s): Councilor(s) Finkam, Carter and Rider. c. Resolution CC-12-15-14-01; A Resolution of the Common Council of the City of Cannel, Indiana, Authorizing a Transfer of Funds by the City of Carmel City Council ($45,000 from Legal Fees into Health Insurance); Sponsor: Councilor Seidensticker. d. Resolution CC-12-15-14-02; A Resolution of the Common Council of the City of Cannel, Indiana, Authorizing a Transfer of Funds in the 2014 Department of Engineering Budget($165,000 total; $140,000 from FT Regular and$25,000 from Deferred Comp to Other Contracted Services); Sponsor: Councilor Snyder. 13. OTHER BUSINESS a. Election of 2014 Council President. b. City Council Appointments: 1. Cannel City Center Community Development Corporation("4CDC") (Term expires 12/31/15, one year term) One appointment. 2. Carmel Ethics Commission(Term expires 1/1/17, two year term); One appointment (Republican). 3. Cannel Fire Department Merit Board(Term expires 1/1/17, two year term); One appointment. 4. Carmel Police Department Merit Board(Terms expires 1/1/17, two year term); One appointment. 3 5. Carmel Redevelopment Commission(Term expires 12/31/15, one year term); Two appointments. 14. ANNOUNCEMENTS 15. EXECUTION OF DOCUMENT 16. ADJOURNMENT • 12/15/14 CC Meeting Agenda 4 COMMON COUNCIL MEETING MINUTES MONDAY, DECEMBER 15, 2014 - 6:00 P.M. COUNCIL CHAMBERS/CITY HALL/ONE CIVIC SQUARE MEMBERS PRESENT: Mayor James Brainard, Council President W. Eric Seidensticker, Sue Finkam, Carol Schleif, Richard L. Sharp, Luci Snyder, Ronald E. Carter, Kevin D. Rider, Clerk-Treasurer Diana L. Cordray and Deputy Clerk Lois Craig. Mayor Brainard called the meeting to order at 6:01 p.m. Mayor Brainard declared December 15, 2014 as Pastor Greg McGarvey day in the City of Carmel. Pastor McGarvey will be retiring from Carmel United Methodist Church after 14 years of service. Pastor Greg McGarvey, Carmel United Methodist Church,pronounced the Invocation. Mayor Brainard led the Pledge of Allegiance. RECOGNITION OF CITY EMPLOYEES AND OUTSTANDING CITIZENS: Pastor Greg McGarvey, Carmel United Methodist Church. APPROVAL OF MINUTES: Councilor Sharp made a motion to approve minutes from the November 17, 2014 Regular Meeting. Councilor Schleif seconded. There was no Council discussion. Council President Seidensticker called for the vote. Minutes were approved 6-0 (Councilor Seidensticker abstained). Councilor Sharp made a motion to approve minutes from the December 1, 2014 Special Meeting. Councilor Rider seconded. There was no Council discussion. Council President Seidensticker called for the vote. Minutes were approved 4-0 (Councilors Finkam, Schleif and Seidensticker abstained). RECOGNITION OF PERSONS WHO WISH TO ADDRESS THE COUNCIL: Stephen Brooks addressed the Council regarding Councilor Rider's conflict of interest and also presented a letter to be included with the minutes (Attachment 1). John Accetturo addressed the Council in favor of development in the City and concerns regarding Resolution CC-10-06-14-03, Resolution CC-10-06-14-04 and Resolution CC-11-03-14-01. Ronald Ogle addressed the Council regarding his concerns about police militarization and also discussed bicycle safety. 1 COUNCIL,MAYORAL AND CLERK-TREASURER COMMENTS/OBSERVATIONS: Councilors Rider and Carter addressed the Council and responded to Mr. Brooks. Councilor Snyder addressed the Council regarding the Hamilton County Humane Society. Councilor Sharp addressed the Council regarding the resent attacks on Clerk-Treasurer Diana L. Cordray and her staff and read Diana's awards, achievements and recognition from 1995 through today. ACTION ON MAYORAL VETOES: There were none. Council President Seidensticker addressed Councilor Finkam's recent request correcting the minutes from December 1, 2014 regarding vetoes. The December 1, 2014 minutes had not been presented to the Council at the time of her request. Council President Seidensticker read Section 3-27(d) (Approval/Disapproval y Mayor of all Council Ordinances) from the Carmel City Code. CLAIMS: Councilor Schleif made a motion to approve payroll in the amount of$1,422,756.76. Councilor Snyder seconded. There was no Council discussion. Council President Seidensticker called for the vote. Payroll was approved 7-0. Councilor Schleif made a motion to approve claims in the amount of$3,345,584.83. Councilor Snyder seconded. There was no Council discussion. Council President Seidensticker called for the vote. Claims were approved 7-0. Wire Transfers; Month of November 2014. Councilor Schleif made a motion to acknowledge wire transfers in the amount of$1,281,290.83. Councilor Snyder seconded. There was no Council discussion. Council President Seidensticker called for the vote. Wire Transfers were acknowledged 7-0. COMMITTEE REPORTS: Councilor Snyder reported that the Finance, Administration and Rules Committee had met. The committee report will be given when the items appear on the agenda. Councilor Sharp reported that the Land Use, Annexation and Economic Development Committee had met and discussed Ordinance Z-598-14, Resolution CC-10-06-14-03, Resolution CC-10-06-14-04 and Resolution CC-11-03-14-01. The committee report will be given when the item appears on the agenda. Councilor Carter reported that the Parks, Recreation and Arts Committee had not met. Councilor Schleif reported that the Utilities, Transportation and Public Safety Committee had met and discussed Ordinance D-2190-14. This item remains in committee. Dave Bowers, Council representative on the Carmel Redevelopment Commission(CRC),was available for questions of the Council regarding the financial activities of the Carmel Redevelopment Commission. There was brief Council discussion. Mr. Bowers referred to Corrie Meyer, Executive Director, Carmel Redevelopment Commission to address the Council. Councilor Sharp asked Mrs. 2 Meyer if the CRC had prepared an analysis to see what the CRC had netted(Palladium roof) on the settlement of legal fees, consulting costs, engineering costs and repair costs and then the final settlement. Councilor Sharp also asked that the analysis be presented at the next Council meeting. Mrs. Meyer presented the 2015 Carmel Redevelopment Commission updated budget to the Council. Council President Seidensticker requested that Mrs. Meyer again present the 2015 Carmel Redevelopment Commission updated budget to the Council at their first meeting in January, 2015 Winston Long, President, Carmel Cable & Telecommunications Commission, presented an update and report on AT &T. The completed installation of equipment for AT & T will go "Live"the middle of December. There was brief Council discussion. OLD BUSINESS Council President Seidensticker announced the Fourth Reading of Ordinance D-2194-14; An Ordinance of the Common Council of the City of Carmel, Indiana, Authorizing and Approving an Additional Appropriation of Funds from the Operating Balance of the Rainy Day Fund ($613,200 To Repair The Reflecting Pool). Councilor Snyder addressed the Council. Councilor Sharp made a motion to approve Ordinance D-2194-14. Councilor Rider seconded. There was no Council discussion. Council President Seidensticker called for the vote. Ordinance D-2194-14 FAILED 1-6 (Councilors Finkam, Schleif, Sharp, Seidensticker, Snyder and Rider opposed). Council President Seidensticker announced the Second Reading of Ordinance D-2190-14; An Ordinance of the Common Council of the City of Carmel, Indiana, Amending Cannel City Code Section 8-120 (Specific Locations of Stop & Yield Intersections Designated—Schedule A) and its "Schedule A; Sponsor(s): Councilor(s) Finkam, Carter and Rider. Remains in the Utilities, Transportation and Public Safety Committee. This item was not discussed. Council President Seidensticker announced the Second Reading of Ordinance D-2198-14; An Ordinance of the Common Council of the City of Carmel, Indiana, Adding Chapter 2, Article 5, Section 2-188 (Historic Preservation for the City of Carmel) (b)(9) to the Carmel City Code; Sponsor(s): Councilor(s) Carter and Finkam. Remains in the Finance, Administration and Rules Committee. This item was not discussed. Council President Seidensticker announced the Second Reading of Ordinance D-2199-14; An Ordinance of the Common Council of the City of Carmel, Indiana, Amending Chapter 3, Article 1, Division II, Section 3-18 (Order of Business) of the Carmel City Code; Sponsor(s): Councilor(s) Carter and Finkam. Remains in the Finance, Administration and Rules Committee. This item was not discussed. Council President Seidensticker announced the Third Reading of Ordinance Z-598-14; An Ordinance of the Common Council of the City of Carmel, Indiana, Establishing the Sunrise on the Monon(77.85 Acres of Real Estate located at 9800 and 9876 Westfield Boulevard)Planned Unit Development District). Councilor Sharp presented the Land Use,Annexation and Economic Development Committee report to the Council. This item was referred back to the Council with a 3-1 positive recommendation. Councilor Schleif made a motion to amend Ordinance Z-598-14 by inserting the following verbiage on line 584:All trees to be planted in the Bufferyard areas shall be ten (10)feet in height when planted. Councilor Sharp seconded. There was no Council discussion. Council President Seidensticker called for the vote. The motion to amend Ordinance Z-598-14 was approved 7-0. Councilor Finkam made a 3 motion to approve Ordinance Z-598-14 As Amended. Councilor Schleif seconded. There was no Council discussion. Council President Seidensticker called for the vote. Ordinance Z-598-14 As Amended was adopted 6-1 (Councilor Sharp opposed). Without objection from the Council, Council President Seidensticker moved item 10. (h) to this place on the agenda. Council President Seidensticker announced Resolution CC-12-15-14-05 (Formerly CC-11-03-14-01); A Resolution of the Common Council of the City of Carmel, Indiana Approving the Issuance of Bonds of the City of Carmel Redevelopment District(Construction, Improvement and/or Equipping Certain Local Public Improvements, Redevelopment Projects and Other Capital Improvements Serving the Carmel Downtown Economic Development Area and The City Center Redevelopment Area; Park East Parking Garage, Veterans Way, Baldwin Building, Chambers Building, Holland Building, Playfair Building, Spanish Steps, Rangeline Road Entrance and the Kent Building). Councilor Sharp presented the Land Use, Annexation and Economic Development Committee report to the Council. This item was referred back to the Council with no recommendation. Councilor Snyder presented the Finance, Administration and Rules Committee report to the Council. This item was referred back to the Council with a 3-0 unanimous favorable recommendation. Councilor Rider made a motion to approve Resolution CC-12-15-14-05. Councilor Sharp seconded. Councilor Sharp addressed the Council and presented conceptual drawings of the history of the Carmel City Center plans starting in 2005 to the present. Councilor Rider referred to Bruce Donaldson, Attorney,Barnes &Thornburg and Corrie Meyer, Executive Director, Carmel Redevelopment Commission, to address the Council. There was brief Council discussion. Council President Seidensticker passed the gavel to Councilor Sharp to address the Council. Councilor Sharp called for the vote. Resolution CC-12-15-14-05 was adopted 4-3 (Councilors Schleif, Sharp and Seidensticker opposed). Council President Seidensticker reclaimed the gavel from Councilor Sharp. Council President Seidensticker announced Resolution CC-12-15-14-03 (Formerly CC-10-06-14-03); A Resolution of the Common Council of the City of Carmel, Indiana, Approving Certain Matters in Connection with the Cannel Downtown Economic Development Area(Designating Motor Court East and West Allocation Area and the Pedcor Office 5 Allocation Area). Councilor Snyder presented the Finance, Administration and Rules Committee report to the Council. This item was referred back to the Council with a 3-0 unanimous favorable recommendation. Councilor Sharp made a motion to approve Resolution CC-12-15-14-03. Councilor Schleif seconded. There was brief Council discussion. Council President Seidensticker called for the vote. Resolution CC-12-15-14-03 was adopted 7-0. Council President Seidensticker announced Resolution CC-12-15-14-04 (Formerly CC-10-06-14-04); A Resolution of the Common Council of the City of Cannel, Indiana, Approving Certain Matters in Connection with the City Center Redevelopment Area(Designating the Kent Building Allocation Area). Councilor Snyder presented the Finance, Administration and Rules Committee report to the Council. This item was referred back to the Council with a 3-0 unanimous favorable recommendation. Councilor Sharp made a motion to approve Resolution CC-12-15-14-04. Councilor Schleif seconded. There was no Council discussion. Council President Seidensticker called for the vote. Resolution CC-12-15-14-04 was adopted 7-0. Council President Seidensticker announced Resolution CC-11-17-14-01; A Resolution of the Common Council of the City of Cannel, Indiana, Regarding an Intergovernmental Transfer of Real Property 4 Interest(1301st Avenue SW); Sponsor(s): Councilor(s) Snyder and Rider. Remains in the Land Use, Annexation and Economic Development Committee. This item was not discussed. PUBLIC HEARINGS There were none. NEW BUSINESS Council President Seidensticker announced the First Reading of Ordinance D-2200-14; An Ordinance of the Common Council of the City of Carmel, Indiana, Amending Chapter 2, Article 4, Section 2-114(a) (Petty Cash Funds for City Departments) of the Carmel City Code. Councilor Rider made a motion to move this item into business. Councilor Schleif seconded. Councilor Snyder addressed the Council and referred to Assistant City Attorney, Ashley Ulbricht, to present this item to the Council. There was brief Council discussion. Councilor Snyder made a motion to suspend the rules and not send this item to committee and vote this evening. Councilor Rider seconded. There was no Council discussion. Council President Seidensticker called for the vote. The motion was approved 7-0. Clerk- Treasurer, Diana L. Cordray, addressed the Council. Councilor Snyder made a motion to approve Ordinance D-2200-14. Councilor Finkam seconded. There was no Council discussion. Council President Seidensticker called for the vote. Ordinance D-2200-14 was adopted 7-0. Council President Seidensticker announced the First Reading of Ordinance D-2201-14; An Ordinance of the Common Council of the City of Carmel, Indiana, Amending Chapter 3, Article 1, Division II, Section 3-15(a)(4) (Clerk of the Council) of the Carmel City Code. Councilor Finkam made a motion to move this item into business. Councilor Carter seconded. Councilor Finkam presented this item to the Council. There was brief Council discussion. Clerk-Treasurer, Diana L. Cordray, addressed the Council. Council President Seidensticker referred Ordinance D-2201-14 to the Finance, Administration and Rules Committee for further review and consideration. Council President Seidensticker announced Resolution CC-12-15-14-01; A Resolution of the Common Council of the City of Carmel, Indiana, Authorizing a Transfer of Funds by the City of Cannel City Council ($45,000 from Legal Fees into Health Insurance). Councilor Rider made a motion to move this item into business. Councilor Sharp seconded. Council President Seidensticker passed the gavel to Councilor Sharp to present this item to the Council and made a motion to approve Resolution CC-12-15-14-01. Councilor Snyder seconded. There was no Council discussion. Councilor Sharp called for the vote. Resolution CC-12-15-14-01 was adopted 7-0. Council President Seidensticker reclaimed the gavel from Councilor Sharp. Council President Seidensticker announced Resolution CC-12-15-14-02; A Resolution of the Common Council of the City of Cannel, Indiana, Authorizing a Transfer of Funds in the 2014 Department of Engineering Budget ($165,000 total; $140,000 from FT Regular and$25,000 from Deferred Comp to Other Contracted Services). Councilor Sharp made a motion to move this item into business. Councilor Snyder seconded and presented this item to the Council. Jeremy Kashman, City Engineer, addressed the Council. There was no Council discussion. Councilor Rider made a motion to approve Resolution CC-12-15-14-02. Councilor Sharp seconded. There was no Council discussion. Council President Seidensticker called for the vote. Resolution CC-12-15-14-02 was adopted 7-0. 5 OTHER BUSINESS a. Election of 2015 Council President. Councilor Snyder nominated Councilor Sharp for 2015 Council President. Councilor Schleif seconded. There were no other nominations. Councilor Snyder made a motion to close nominations. Councilor Schleif seconded. There was no Council discussion. Councilor Sharp was appointed the 2015 Council President by acclamation. b. City Council Appointments: 1. Carmel City Center Community Development Corporation("4CDC") (Term expires 12/31/15, one year term) One appointment. John Clair was reappointed to the Cannel City Center Community Development Corporation by acclamation. 2. Carmel Ethics Commission(Term expires 1/1/17, two year term); One appointment (Republican). Bob Wallace was reappointed to the Carmel Ethics Commission by acclamation. 3. Carmel Fire Department Merit Board(Term expires 1/1/17, two year term); One appointment. Don Stauder was reappointed to the Cannel Fire Department Merit 111 Board by acclamation. 4. Carmel Police Department Merit Board(Terms expires 1/1/17, two year term); One appointment. Alana Shane was reappointed to the Cannel Police Department Merit Board by acclamation. 5. Carmel Redevelopment Commission(Term expires 12/31/15, one year term); Two appointments. Councilor Sharp made a motion to reappoint Dave Bowers. Councilor Sharp made a motion to nominate Robert Dalzell. Councilor Rider seconded. There were no other nominations. Councilor Rider made a motion to close nominations. Councilor Sharp seconded. Dave Bowers and Robert Dalzell were appointed to the Cannel Redevelopment Commission. ANNOUNCEMENTS There were none. EXECUTION OF DOCUMENT ADJOURNMENT Council President Seidensticker adjourned the meeting at 8:06 p.m. 6 Respectfully submitted, 0411 Clerk-Treasurer Diana L. Cordray, 1 Approved, %'tBr J _ es Brainard, Mayor ATTEST: 1, / I •/ Diana L. Cordray, IAMC, Clerk-Treas 6 =r I2'15;14('C Meeting Minutes 7 Dear Council Members, The last time I was given the opportunity to address you, I asked two specific questions which related to a specific Councilor. I offered public documents that Councilor Kevin Rider's restaurant, Divvy,was shown to be owned by Pedcor,a developer which often seeks taxpayer subsidies for its projects. My questions were simple. Did Pedcor, in fact, own Divvy,as the Secretary of State'office portrayed? And secondly,if Pedcor did own Divvy,should Councilor be voting in favor of giving Pedcor taxpayer subsidies? My questions were fair and appropriate. Sadly, Councilor Rider's response came in two major parts (plus a minor part),and both parts were unfortunate. Councilor Rider confirmed that Pedcor once owned 100%of Divvy, but that Councilor Rider and his wife now own 51%of Divvy. I appreciate that disclosure, but his response is incomplete. The disclosure is incomplete because Councilor Rider does not tell us HOW that 51%was acquired. A complete disclosure would tell the public whether Councilor Rider paid full market value for his 51%,or received his'share' in some other fashion. Regrettably, I must now pose that question to Councilor Rider again. Councilor Rider is a smart man who can easily understand that voters might object if they knew not only how much was being spent by the City but who or whose interest was being served by the expenditures. The second part of Rider's response was that he had"legal opinions"which permit him to vote on giving taxpayer subsidies to Pedcor projects. Subsequent news coverage, including statements by experts, indicated that Councilor Rider was very vulnerable to criticism regarding this conflict of interest, but that he probably had not broken existing law. Let me be clear in this statement–it was never my intent that Councilor Rider should go to jail. Certainly,the media coverage of my previous question made it clear that Indiana law on "conflicts of interest" is exceedingly weak. Councilor Rider is no more guilty than other elected officials whose decisions are tainted by their self-interest. I would personally like the law to be strengthened substantially, but that is not the point I raised. I simply asked Councilor Rider whether he should be awarding subsidies to the people who own or owned his restaurant. So with another round of Pedcor subsidies currently under consideration, let me attempt,again, to be clear. Councilor Rider, I am asking whether you feel comfortable voting in favor of awarding$20 million in taxpayer funds to your business partners? My question is not a question of law. It is a question of your motivation and character. And I note that this is a particularly poignant time in the electoral cycle to answer such questions. Finally,the minor part of Councilor Rider's response was to allege that the motivation behind my question was an attempt to'damage his reputation.' My questions simply note that Councilor Rider's personal decision–whether he feels it is acceptable to award millions in taxpayer funds to his business partners–is a fair and honest measurement of his service to Carmel voters. If Councilor Rider's reputation is damaged, Councilor Rider will have done it, himself. Sincerely. ,57,,, Stephen Brooks i T`f rnC1 CHME An— / Du C-i L MGT/N(r I, CARMEL REDEVELOPMENT COMMISSION CITY COUNCIL DECEMBER, 2014 REPORT Carmel Redevelopment Commission STRATEGIC HIGHLIGHTS • The final phase of City Center is underway. A Reallocation request of the Carmel Downtown Economic Development Area and Bond Resolution have been submitted for approval. In addition draft legal documents were submitted to Council on 11/3/14 for information. The requests have been sent to the Council Land Use and Finance Council Committee meetings,which are scheduled for the end of November. • A public meeting was held to present and review the proposed 2015 Budget cycle on November 18,2014 at 3:30pm at the CRC Office. Attendees included 3 Commission members,2 Council members. The CRC Treasurer was not present. The budget was distributed to Council Members and the CT office for further review via interoffice mail and email on 11/19/2014. FINANCIAL HIGHLIGHTS October Beginning Balance $ 477,092 October Revenues $ 992,512 October Expenditures $ 144,313 October Ending Balance $ 1,325,291 FUNCTIONAL HIGHLIGHTS • CRC staff,the CRC Treasurer;and Clerk Treasurer(CT)staff did not meet in November due to schedule conflicts. • Original records transferred to and/or documents shared with CT office for record-keeping: DATE DOCUMENT METHOD 11/19/14 CRC 2015 Draft Budget Hand Delivery and Email (Shapiro's sale documents are at the County Recorder's Office. Once received,all documents associated with the sale will be sent to the CT for file storage.) LOOKING AHEAD • There is no projected tax payer impact regarding CRC projects and/or debt obligation. November 19,2014 CRC Report for December 1,2014 City Council Meeting Page 1 1 FINANCIAL STATEMENT Financial Statement OCTOBER MONTH-END FINANCIAL BALANCE Ending Balance without Restricted Funds $ 1,325,291 Ending Balance with Restricted Funds $3,213,483 SUMMARY OF CASH For the Month Ending October 31,2014 MONTHLY DESCRIPTION ACTUAL PROJECTION VARIANCE Cash Balance 10/1/14 1101 Cash $369,643.45 $369,643.45 $ - 1110 TIF 107,448.55 107,448.55 - Total Cash $477,092.00 $477,092.00 $ - Receipts 1101 Cash $992,492.26 $1,826,922.00 $(834,429.74)* 1110 TIF 19.82 - 19.82 Developer Payments - - - Total Receipts $992,512.08 $1,826,922.00 $(834,409.92) Disbursements 1101 Cash $144,312.77 $145,189.00 $876.23 1110 TIF - - - Total Disbursements $144,312.77 $145,189.00 $876.23 1101 Cash $1,217,822.94 $2,051,376.45 $(833,553.51) 1110 TIF 107,468.37 107,448.55 $19.82 Cash Balance 10/31/14 $1,325,291.31 $2,158,825.00 $(833,533.69) Total Usable Funds $1,325,291.31 $2,158,825.00 ($833,533.69) *In October,the CRC established a partial settlement in regards to the Palladium dome steel litigation. It was anticipated that the settlement of$800,000 would have been received by October 31,2014. The CRC now anticipates payment by year-end. November 19,2014 CRC Report for December 1,2014 City Council Meeting Page 12 FINANCIAL STATEMENT FUND BALANCES AND OUTSTANDING RECEIVABLES As of October 31,2014 Restricted Funds Energy Center Reserve $501,734 Civic Rent Reserve 801,828 Supplemental Reserve Fund 584,630 Sub-total: 1,888,192 Cash (as seen in Summary of Cash table) TIF 107,468 Non-TIF 1,217,823 Sub-total: 1.325.291 Total Funds $3,213,483 Outstanding Receivables Energy Consumption Payments(1) 10,462 Total Outstanding Receivables $10,462 (1)Amounts due reflects November 2014 for Office Building One. REI Real Estate Services,LLC acts as property manager on behalf of the CRC and collects the Energy Consumption Payments to be forwarded. STATEMENT OF CHANGES IN EQUITY MONTH END: OCTOBER 2014 DESCRIPTION REVENUE EXPENSES Total Receipts(TIF) 19.82 Total Receipts(Non TIF): $99,492.26 Expenditures(TIF) 0 Expenditures(Non-TIF) $144,312.77 November 19,2014 CRC Report for December 1,2014 City Council Meeting Page 13 FINANCIAL UPDATE Financial Update TIF REVENUE AND DEBT As of the approved June budget,projected TIF Revenue was estimated at$17,532,007. Bond debt payments were made in June and July. Another payment will be made in December of 2014. pY 1 l Y PY Below are the anticipated payments based on the June approved CRC budget; MONTH TOTAL June 2014 $ 484,228 July 2014 $8,276,336 December 2014 $8,774,841 The CRC has sufficient revenues to make the December debt payment. GOING CONCERN The CRC is managing expenditures to maintain a balanced budget in anticipation of lower TIF Revenue. With construction projects underway or getting started,we are coordinating closely with contractors to minimize unknown change orders. TAKEAWAYS • Month-end balance is positive. • 2015 CRC Budget has been drafted and presented to the Council for review. The CRC will be adopting a 2015 budget in December,2014. Comments on the draft are due by noon December 9. November 19,2014 CRC Report for December 1,2014 City Council Meeting Page 14 c PROJECT UPDATES Project Updates CITY CENTER • Developer Partner:Pedcor Companies • Allocation Area:City Center • Project Summary: • Use:Mixed-Use CARMt.i. Clil' CENlF-R PROPOSED SITE PLAN ! - • - 14 a (111, tf.Tft .elYT ) 4Z - iiiik: islia i .Etti 4 ,! II .1�i °lulu ! "•;1 . .--. "'—0::• V ri II - . - S. x P U li 1 n�:t=,. : : • s tdill x • * ) Ti : ' t ' 1 s 1i i .;; 1.f °„ _,,,., 1 Ba' MO flik MB .I I .) lif, D at' 7i • r r, o I Park Ea. n ,- 1 C ot•o mn E I f� ' _- � I. ... .. -N 1{: i I I III4 O..••4•111• f//t<— /� 1 I 11, - ..� --0INAC.�CatGss.ut •mom oan orre.. ' ! 1t.. cl . Figure 1 City Center Master Plan,provided by Pedcor City Center Development Company November 19,2014 CRC Report for December 1,2014 City Council Meeting Page 15 PROJECT UPDATES • Phase 1-complete 1) Apartments-Apartment demand remains strong which supports the occupancy and rental rates. Current occupancy is at 96%. 2) Retail-Currently,Pedcor leases 91%of the total 79,570 in LSF. The remaining 9%(the old Mangia,Holy Cow,&Sports Authority locations)of unleased space have future tenants for them, and are working through the space planning process. Pedcor anticipates to be 100%leased in the fall of 2014. • Nash Building/Parcel 73 1) Project Status-under construction a) The Nash underground parking garage is 98%complete(completing . • punch list)and currently on budget. The Nash Building ik storefront/glass is complete. Balcony,masonry,&EFIS work r lTM' continues on the exterior(about 70%complete). The project is on '= budget and remains on schedule,with an anticipated completion date of mid-December 2014. Approximately half of the 9,000 sf of the +w retail space has been leased with strong prospects for the remaining commercial space. Tenant:Mondana Kitchen Provided by Pedcor City Center Dev.Co.1 2) Council and/or CRC Action Items ACTION ITEM CITY COUNCIL CRC None 3) CRC Commitments Provide streetscape along Rangeline Road. a) Budget Budget Design/Engineering $5,000(majority of contract pd.in 2013)per June'14 Budget Additional potential revenue to be assigned to this project $137,179 Construction $100,000 per June'14 Budget Available funds for construction project due to increased revenue $242,179 b) Design Consultant:American Structurepoint November 19,2014 CRC Report for December 1,2014 City Council Meeting Page 16 PROJECT UPDATES c) CRC Commitment Schedule Design%Complete 100% Construction Start Date October 2014 Anticipated Project Completion November 2014 • Phase 2 1) Project Status—designs are schematic and construction has not started. a) In addition to the Reallocation request,a request to issue TIF Bonds to fund public improvements on the Phase 2 site has been submitted. With timely successful approvals, construction will begin in 2015 on the seven(7)buildings noted below. 2) Proposed Construction/Use Sequence PROJECT USE PROJECT DESIGN RENDERINGS START DATE PROVIDED BY PEDCOR Garage A three to four story parking structure with Fall 2014 Park East approximately 470 to 625 parking spaces, (garage only) which will include up to approximately t ii•• ' 1 1 • 28,000 square feet of luxury apartments and commercial retail/office space. Baldwin/ A four story building,of approximately Spring 2015 Chambers 64,000 square feet,which will include luxury apartments and commercial All retail/office space. Pedcor is currently ' '� - working with four commercial businesses - ■ who will occupy approximately 14,000 sf of I__- the commercial space. Holland A five story building,of approximately Fall 2015 63,000 square feet,which will include luxury apartments and commercial , ,r.- I office space. IW O" R retail / p inC i f .l 1 s t t Playfair A five story building,of approximately Fall 2015 63,000 square feet,which will include luxury apartments and commercial retail/office space. Garage See Garage East note above. Fall 2015 Retail November 19,2014 CRC Report for December 1,2014 City Council Meeting Page 17 PROJECT UPDATES Pedcor A two story building,of approximately Fall 2015 Office 5 20,000 square feet,which will include office r. space. _G 4 . Kent A three story building,of approximately Fall 2015 „ ` 111,000 square feet of luxury apartments. `--- Wren A seven story building,of approximately Fall 2016 -' 88,000 square feet,which will include 0_ ,/, luxury apartments and commercial ;''�i office retail space. ” 1- If . ifs, r~ , ,, .ti tilrli _,d Windsor A four story building,of approximately Fall 2017 64,000 square feet,which will include luxury apartments and commercial office/retail space. Eastern A building,of approximately 76,000 to Fall 2017 Motor 91,000 square feet,which will include Court Site luxury apartments and commercial office/retail space designed so that in the future it could be in whole,or in part, converted to hotel rooms and/or hotel amenities. Hotel A four story hotel,of approximately 44,000 TBD square feet,which will include parking. 1 November 19,2014 CRC Report for December 1,2014 City Council Meeting Page 18 PROJECT UPDATES 3) Council and/or CRC Action Items ACTION ITEM CITY COUNCIL CRC Reallocation of Carmel On-docket, 10/6/14 Introduced in September. Final Downtown Economic Resolutions 2014-14 and approvals anticipated in Development Area 2014-15.At Finance and Land December. Use Committees. TIF Bond request On-docket, 11/3/14 Introduced in October. Public Resolution. At Finance Hearing on 11/19/14.Final Committee. approvals anticipated in December 4) CRC Commitments Additional information concerning the proposed commitments were shared with Council at the November 3 meeting. Discussion will ensue and modifications will be made during the month of November. An overview of commitments will be uploaded to the CRC website by the end of November. November 19,2014 CRC Report for December 1,2014 City Council Meeting Page 19 PROJECT UPDATES THE MEZZ/ MONON LOFTS • Developer Partner:Anderson Birkla • Allocation Area:City Center • Project Summary: • Use: Primary Residential. 42 residential units with 12,000 square feet of office. • Total project budget:$7.7mm • Secured Tenants:Vocare,Anderson Birkla SNP �, • A• r 01/1011 IMMM0 0MM0! 1 wr• � a 410 . t . _ ! . 4 „, .. TM All If h 011'11 t 1 � ' . .i I ■I . fib.. -..- L... .•..rk ---1 . ik I6trtl11,-- T __ _ . _ Figure 2 Image provided by Anderson Birkla • Anticipated Project Schedule Office Move In February,2014 Residential Move In February,2014 Project complete February,2014 November 19,2014 CRC Report for December 1,2014 City Council Meeting Page 110 • Mezz Building(3rd Avenue) 1) Project Status-under construction a) First floor steel framing is 80%complete. • ji -�, •ifs cal 11 • b) Building 1 MEP-Plumbing Unit Rough is 90%completed.Electrical Rough is 95% i • �` •. I complete.HVAC rough-in is 95% . _- ?' 1 :1 ,, r completed. , i • Monon Lofts Building(Monon side) 1) Project Status-under construction • '\� a) First floor steel framing is 80%complete. '.'•'• b) Building 2 MEP-Plumbing is 95% . • •• complete.Electrical rough is 95% or 1}_ complete,Fire Suppression rough is • 100%complete.HVAC rough-in is • • r: ' complete. 1111 kith c) Building 2 roof is 95%complete. 2) Council and/or CRC Action Items ACTION ITEM CITY COUNCIL CRC None 3) CRC Commitments Provide parking spaces on 314 Ave and streetscape on the west and south side of the building and relocate street utilities.Site Improvements,Monon Connection path,Small pocket park(by developer) a) Budget Design/Engineering $8,900 for Utility Relocation Per approved June'14 CRC budget Not to exceed$75,000 for Design/Engineering site design;/engineering Per approved June'14 CRC budget Invoices are expected to be paid November-March'15. Calumet Site Construction $67,021 (3'd Ave) Civil Contractors. Invoices are expected to be paid in Utility Relocation $250,000 Jan-March 2015. Invoices are expected to be paid November-January'15. Midwest Site Construction $242,979 (site work) Constructors. November 19,2014 CRC Report for December 1,2014 City Council Meeting Page 111 PROJECT UPDATES b) Design Consultant:American Structurepoint c) Construction Contractor:Calumet Civil Contractors/Duke Energy/Midwest Constructors d) CRC Commitment Schedule Design%Complete 100% /o Construction Start Date September 2014 February for Midwest Constructors,March for Anticipated Project Completion Calumet Civil Contracts(due to asphalt being installed) Respectfully submitted, Corrie Meyer,AICP,RLA,LEED AP Director Carmel Redevelopment Commission/Department November 19,2014 Prepared for David Bowers and Brad Meyer -End report- November 19,2014 CRC Report for December 1,2014 City Council Meeting Page 12 Cordray, Diana L Meyer,y , Corrie A Sent: Monday, December 15, 2014 1 :59 PM To: Carter, Ronald E; Finkam, Sue; Rider, Kevin D; Schleif, Carol; Seidensticker, Eric; Sharp, Rick; Snyder, Luci Cc: Brainard, James C; Cordray, Diana L; 'Michael Lee'; 'Jim Higgins'; Bowers, David; Bowers, David; Brad Meyer; Brooks, William; Hammer, William; Meyer, Brad; Phillips, Greg; Worrell, Jeff Subject: FW: updated 2015 Draft Budget Attachments: 2015 Draft Budget (12-15-14).pdf All, We have updated the 2015 Budget to reflect the now-known 2014 carry-overs. I have attached it for your reference. We will review this tonight during the CRC Presentation. Changes include: • Final settlement numbers included in `Revenue' • 'Total Expenditures-TI F' updated to include projects and fees that need to carry-over from 2014 and adds $1M for CIP. The CRC Finance Committee meeting is also online if you would like to see the original meeting. http://carmel- in.granicus.com/MediaPlayer.php?view id=8&clip id=733 Thanks, Carrie Meyer,AICP, RLA, LEED AP Carmel Redevelopment Commission Director Original Message From: Michael Lee [mailto:mikeleeconsultingOyahoo.com] Sent: Monday, December 15, 2014 12:11 PM To: Meyer, Corrie A Subject: updated 2015 Draft Budget Corrie, Here is the most updated version of the 2015 Draft Budget that reflects what we now anticipate to have for a beginning balance. Thanks, Mike 2015 CRC Budget DRAFT Original Budget 1 BEGINNING 2015 BALANCE 5,324,795 2 3 RECEIPTS-TIF 4 Interest 0 5 TIF Revenue: 6 Total Increment Net of Developer Pass Through(1) 18,029,910 7 Less Debt Service: 8 Certificates of Participation,Series 2010C 1,363,619 9 Illinois Street Bond 913,169 10 2013 Illinois Street Bond 220,025 11 2005 and 2014 PAC Lease 5,653,000 12 2012 Bond 9,962,000 13 14 Sub-total:Debt Service 18,111,813 15 Sub-total:Net Increment(2) (81,903) 16 17 TOTAL RECEIPTS-TIF 81,903 19 RECEIPTS-NON TIF 20 Interest 0 21 Energy Payments 323,060 22 REI Energy Payments 125,538 23 4CDC Grants 400,000 24 Civic Rent 250,000 25 Keystone Group,LLC Receivable(Bond Enhancement)2015 200,000 26 Sale of Real Property 0 27 Miscellaneous Receipts 0 28 TOTAL RECEIPTS-NON TIF 1 298 598 31 EXPENDITURES-TIF 32 Project Professional Fees: 33 Legal Fees 588,000 34 Architecture/Engineering Fees 10,000 35 Accounting Fees 31,450 36 Miscellaneous Professional Fees 30,000 37 Total:Professional Fees 659,450 38 39 Construction: 40 Mezz Building Site Construction 334,306 41 Mezz Utility Relocation 250,000 42 Nash Streetscape 48,335 43 Capital Improvement Projects(3) 1,000,000 44 Total:Construction 1,632,641 45 46 Bond and Trustee Fees 22,922 47 Total:Bond and Trustee Fees 22,922 48 49 Transfer to Supplemental Reserve Fund 0 50 Total: Transfer to Supplemental Reserve Fund 0 51 52 TOTAL EXPENDITURES-TIF 2 315 013 54 EXPENDITURES-NON TIF . 55 Village Financial Secondary IPC 79,954 56 2006 COIT Refunding Bond 959,243 57 Reimbursement of Redevelopment Department 524,665 58 Reimbursement of Sophia Square Garage Expenses 300,000 59 Miscellaneous Expenditures 10,000 60 TOTAL EXPENDITURES-NON TIF 1 873 862 62 63 64 YEAR END BALANCE 2,352,616 Energy Consumption Reserve Year End Balance 500,000 Civic Rent Reserve Year End Balance 800,000 Supplemental Reserve Fund Year End Balance(1) _ 4,453,985 Total Reserves Year End Balance 5,753,988 (1)Based on estimates provided by Umbaugh in their May 29th,2014 TIF Report (2)TIF deficit to be paid with Non-TIF receipts (3)As to be determined to be prioritized and selected by CRC based on forecasted contingencies Note: Sale of property mull result in an approximate increase of E1.7M in revenue _, ..... ...... ... , CRC BUDGET 2015 A look into the next fiscal year and five year forecast. Bud 1 et Information , , ''.' . ._. .. ,. . : Note: the numbers represent actual data but are approximate estimations based on forecasts and assumptions mode. REVENUE (net TIF) EXPENDITURES (above $50k, net TIF) * dir4 TIF Debt Service(net increment revenue)(2%) U Beginning Balance(80%) U Energy Payments(5%) Professional Fees(16%) Ill Capital Improvement Projects(39%) U REI Energy Payments(2%) is 4CDC Grants(6%) Village Financial SIPC(2%)Ill City COIT Bond(23%) Civic Rent(4%) Ill Keystone Group,LLC Bond Enhancement(3%) Reimbursement of Redevelopment Dept. &Garage Expenses(19%) The guiding principles and goals for 2015 and beyond 0 Pay debt obligations A) Maintain a year-end cash balance above S500,000. B) Reach S10 million in savings reserve within 3 years. C) Contribute the approximate S1 million annual City 0 Contribute TIF revenue COIT Bond payment through bond life (last payment towards a reserve fund in 2018). D) Follow-through on project obligations. 0 Partner with City and E) Continue capital improvement projects as funding Developers to continue allows. working the CRC mission (5) Year Year-End Balance Forecast 2014 Fiscal Accomplishments 15 ® Estimated Year-end Balance: $5,325,000 QQ TIF overperformed projections by S300,000 10 co o ® Deposited S2,500,000 into savings reserve 0 5 ; —4— 4- --- # ® Established a Fiscal Policy. Resolution 2014-16 ° ' Q Refinanced PAC Bonds to save almost S3,500,000 2015 2016 . 17 2018 2019 Year-End Balance II Year-End Balance Year-End w/o COIT Payment QQ Negotiated $1,100,000 debt reduction Supplemental Reserve Year-End Balance a Settled all outstanding lawsuits CRC MISSION:Assess, plan, replan, remediate, develop,and redevelop economic development areas to (a) benefit the public health, safety, morals Er welfare (b) increase the economic well-being (c) serve to protect Er increase property values in the City of Carmel. Presented to Carmel City Council: December 15, 2014