HomeMy WebLinkAbout11-02-2015 t :iof` 0�^'[/1 of Carmel
Clerk-Treasurer COMMON COUNCIL
MEETING AGENDA
MONDAY, NOVEMBER 2, 2015 - 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. October 19, 2015 Regular 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 - $1,478,354.16
b. General Claims - $3,130,915.92
c. Retirement - $90,607.67
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. All reports designated by the Chair to qualify for placement under this category.
ONE CIVIC SQUARE CARMEL,INDIANA 46032 317/571-2414
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10. OTHER REPORTS
a. Carmel Redevelopment Commission(Monthly) Report Attached.
b. Economic Development Commission(Quarterly—February, May, August,November)
c. Carmel Historic Preservation Commission(Quarterly—January, April, July, October)
Report Attached.
d. Redevelopment Authority(Bi-annual—April, October)
e. Carmel Cable and Telecommunications Commission(Bi-annual—April, October)
f. Ethics Board (Annual—February)
g. Library Board (Annual—February)
h. All reports designated by the Chair to qualify for placement under this category.
11. OLD BUSINESS
a. Third Reading of Ordinance Z-604-15; An Ordinance of the Common Council of the
City of Cannel, Indiana, Establishing The Albany Place Planned Unit Development
District; Sponsor: Councilor Rider. Remains in the Land Use, Annexation and Economic
Development Committee.
12. PUBLIC HEARINGS
a. First Reading of Ordinance Z-605-15; An Ordinance of the Common Council of the
City of Cannel, Indiana, Establishing Kensington Green(Smokey Row &Rohrer Road)
Planned Unit Development District; Sponsor: Councilor Seidensticker.
b. First Reading of Ordinance Z-606-15; An Ordinance of the Common Council of the
City of Cannel, Indiana, Amending the Permitting Process,Definitions and Standards for
Wireless Support Structures; Sponsor: Councilor Rider.
13. NEW BUSINESS
a. First Reading of Ordinance D-2234-15; An Ordinance of the Common Council of the
City of Cannel, Indiana, Authorizing the Issuance of the city of Cannel, Indiana
Economic Development Revenue Bonds, Series 2015 (Proscenium Project/The design
and construction of infrastructure improvements, including parking, street development,
utility relocations and/or streetscape development, all to support a proposed mixed use
residential, retail and office development generally to be located in the northwest
quadrant of the intersection of Carmel Drive and Rangeline Road; not to exceed
$8,000,000), and Authorizing and Approving Other Actions in Respect Thereto;
Sponsor(s): Councilor(s) Finkam, Snyder,Rider and Schleif.
b. First Reading of Ordinance D-2235-15; An Ordinance of the Common Council of the
City of Cannel, Indiana, Authorizing and Approving an Additional Appropriation of
Funds from the Operating Balance of the General Fund ($325,000); Sponsor(s):
Councilor(s) Finkam and Rider.
c. First Reading of Ordinance D-2236-15; An Ordinance of the Common Council of the
City of Cannel, Indiana, Authorizing and Approving an Additional Appropriation of
Funds from the Operating Balance of the General Fund; TOTAL- $5,385,651 ($3,435,500
2
from the General Fund; $1,832,319 from the Motor Vehicle Highway Fund to 2014 B
.f f g Y
COLT Bond; $95,000 from Local Road and Street Fund; $2,554 from the Cumulative
Capital Improvement Fund and$20,278 from the Fire Pension Fund); Sponsor(s):
Councilor(s)Rider and Sharp.
d. First Reading of Ordinance D-2237-15; An Ordinance of the Common Council of the
City of Carmel, Indiana, Amending Chapter 3, Article 1, Division 2, Sections 3-29
(Council Committee) and 3-31 (Agenda/Additions to Agenda/Public Rights to Address
Council); Sponsor(s): Councilor(s)Finkam, Carter, Rider, Snyder and Schleif.
e. Resolution CC-11-02-15-01; A Resolution of the Common Council of the City of
Carmel, Indiana, Regarding Exchange of Real Property(.526 Acres near 106th Street and
Illinois Street)to Third Party; Sponsor: Councilor Schleif.
f. Resolution CC-11-02-15-02; A Resolution of the Common Council of the City of
Carmel, Indiana, Approving Certain Matters in Connection with the Integrated 126th Street
Corridor Economic Development Area(Proscenium Project/The design and construction
of infrastructure improvements, including parking, street development, utility relocations
and/or streetscape development, all to support a proposed mixed use residential, retail
and office development generally to be located in the northwest quadrant of the
intersection of Carmel Drive and Rangeline Road; not to exceed$8,000,000. Based on
representation of the developer of the mixed use project, the Commission has determined
that the development will not proceed as planned without the contribution of tax
increment revenues to be derived from the Proscenium Allocation Area to the projects
described above); Sponsor(s): Councilor(s) Finkam, Snyder, Rider and Schleif.
g. Resolution CC-11-02-15-03; A Resolution of the Common Council of the City of
Carmel, Indiana, Amending the Thoroughfare and Bicycle &Pedestrian Plan Maps in the
Carmel Clay comprehensive Plan"C3 PLAN"; Sponsor: Councilor Rider.
h. Resolution CC-11-02-15-04;Resolution of the Common Council for City Cannel to
Petition to Appeal for an Increase to the Maximum Levy(Property Tax Shortfall-
$5,000,000); Sponsor: Councilor Carter.
14. OTHER BUSINESS
15. ANNOUNCEMENTS
16. EXECUTION OF DOCUMENT
17. ADJOURNMENT
iri?115 c.;t"4eetmg.Agen:a
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f
COMMON COUNCIL
MEETING MINUTES
MONDAY, NOVEMBER 2, 2015 - 6:00 P.M.
COUNCIL CHAMBERS/CITY HALL/ONE CIVIC SQUARE
MEMBERS PRESENT:
Mayor James Brainard, Council President Richard L. Sharp, Council Members Sue Finkam, Carol
Schleif, Luci Snyder, Ronald E. Carter, Kevin D. Rider and Deputy Clerk Lois Craig.
II
Councilor Seidensticker and Clerk-Treasurer Diana L. Cordray were not in attendance.
Council President Sharp called the meeting to order at 6:00 p.m.
Pastor Jerry Zehr, Carmel Christian Church,pronounced the Invocation.
Councilor Carter led the Pledge of Allegiance.
RECOGNITION OF CITY EMPLOYEES AND OUTSTANDING CITIZENS:
There were none.
APPROVAL OF MINUTES:
Councilor Snyder made a motion to approve minutes from the October 19, 2015 Regular Meeting.
Councilor Schleif seconded. There was no Council discussion. Council President Sharp called for the
vote. Minutes were approved 6-0.
RECOGNITION OF PERSONS WHO WISH TO ADDRESS THE COUNCIL:
Mo Merhoff, OneZone, addressed the Council in favor of Ordinance D-2237-15.
COUNCIL,MAYORAL AND CLERK-TREASURER COMMENTS/OBSERVATIONS:
Councilor Snyder addressed the Council regarding the Hamilton County Humane Society. The Tensel
&Tails fundraiser will be held at the Ritz Charles on Thursday,November 19, 2015 from 6:00 p.m. to
10:00 p.m.
ACTION ON MAYORAL VETOES:
There were none.
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CLAIMS:
Councilor Schleif made a motion to approve payroll in the amount of$1,478,354.16. Councilor Rider
seconded. There was no Council discussion. Council President Sharp called for the vote. Payroll was
approved 6-0.
Councilor Rider made a motion to approve claims in the amount of$3,130,915.92. Councilor Schleif
seconded. There was no Council discussion. Council President Sharp called for the vote. Claims were
approved 6-0.
Councilor Rider made a motion to approve retirement payroll in the amount of$90,607.67. Councilor
Finkam seconded. There was no Council discussion. Council President Sharp called for the vote.
Retirement was approved 6-0.
COMMITTEE REPORTS:
Councilor Snyder reported that the Finance, Administration and Rules Committee had not met. The
next meeting will be held on Thursday,November 19, 2015 at 5:30 p.m.
Councilor Seidensticker reported that the Land Use, Annexation and Economic Development
Committee had met and,discussed Ordinance Z-604-15. This item remains in committee. The next
meeting will be held on Tuesday,November 24, 2015 at 5:30 p.m.
Councilor Rider reported that the Parks, Recreation and Arts Committee had not met.
Councilor Finkam reported that the Utilities, Transportation and Public Safety Committee had not met.
All reports designated by the Chair to qualify for placement under this category.
OTHER REPORTS:
Carmel Redevelopment Commission(Monthly) Report Attached. There was no Council discussion.
Economic Development Commission(Quarterly—February,May, August,November)
Carmel Historic Preservation Commission(Quarterly—January, April, July, October)
Redevelopment Authority(Bi-annual—April, October)
Carmel Cable and Telecommunications Commission(Bi-annual—April, October)
Ethics Board (Annual—February)
Library Board (Annual—February)
All reports designated by the Chair to qualify for placement under this category
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OLD BUSINESS
Council President Sharp announced the Third Reading of Ordinance Z-604-15; An Ordinance of the
Common Council of the City of Carmel, Indiana, Establishing The Albany Place Planned Unit
Development District; Sponsor: Councilor Rider. Remains in the Land Use, Annexation and Economic
Development Committee. This item was not discussed.
PUBLIC HEARINGS
Council President Sharp announced the First Reading of Ordinance Z-605-15; An Ordinance of the
Common Council of the City of Carmel, Indiana, Establishing Kensington Green(Smokey Row &
Rohrer Road) Planned Unit Development District. Councilor Snyder made a motion to move this item
into business. Councilor Rider seconded and referred to Clifford Rubenstein, Attorney,representing the
developer, to present this item to the Council. There was no Council discussion. Council President
Sharp opened the Public Hearing at 6:21 p.m. Seeing no one who wished to speak, Council President
Sharp closed the Public Hearing at 6:22 p.m. Ordinance Z-605-15 was referred to the Land Use,
Annexation and Economic Development Committee for further review and consideration.
Council President Sharp announced the First Reading of Ordinance Z-606-15; An Ordinance of the
Common Council of the City of Carmel, Indiana, Amending the Permitting Process, Definitions and
Standards for Wireless support Structures. Councilor Rider made a motion to move this item into
business. Councilor Schleif seconded. Councilor Rider referred to John Molitor, Plan Commission
Attorney, to present this item to the Council. There was no Council discussion. Council President
Sharp opened the Public Hearing at 6:28 p.m.
The following individuals addressed the Council in opposition to Ordinance Z-606-15:
E. Davis Coots, representing Verizon Wireless
Clare Malbone, Verizon Wireless
Seeing no one else who wished to speak, Council President Sharp closed the Public Hearing at 6:34 p.m.
Council President Sharp referred Ordinance Z-606-15 to the Land Use, Annexation and Economic
Development Committee for further review and consideration.
NEW BUSINESS
Council President Sharp announced the First Reading of Ordinance D-2234-15; An Ordinance of the
Common Council of the City of Cannel, Indiana, Authorizing the Issuance of the City of Cannel,
Indiana Economic Development Revenue Bonds, Series 2015 (Proscenium Project/the design and
construction of infrastructure improvements, including parking, street development, utility relocations
and/or streetscape development, all to support a proposed mixed use residential, retail and office
development generally to be located in the northwest quadrant of the intersection of Carmel Drive and
Rangeline Road; not to exceed$8,000,000), and Authorizing and Approving Other Actions in Respect
Thereto. Councilor Rider made a motion to move this item into business. Councilor Schleif seconded.
Councilor Rider referred to Corrie Meyer, Executive Director, Cannel Redevelopment Commission, to
present this item to the Council. Corrie Meyer referred to Bruce Donaldson, Attorney, Barnes &
Thornburg, to address the Council. There was brief Council discussion. Council President Sharp
referred Ordinance D-2234-15 to the Finance,Administration and Rules Committee and also to the Land
Use, Annexation and Economic Development Committee further review and consideration.
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Without objection from the Council, Council President Sharp moved item 13. (f)to this place on the
agenda.
Council President Sharp announced Resolution CC-11-02-15-02; A Resolution of the Common Council
of the City of Carmel, Indiana, Approving Certain Matters in Connection with the Integrated 126th Street
Corridor Economic Development Area(Proscenium Project/the design and construction of
• infrastructure improvements, including parking, street development, utility relocations and/or
streetscape development, all to support a proposed mixed use residential, retail and office development
generally to be located in the northwest quadrant of the intersection of Carmel Drive and Rangeline
Road; not to exceed$8,000,000. Based on representation of the developer of the mixed use project, the
Commission has determined that the development will not proceed as planned without the contribution
of tax increment revenues to be derived from the Proscenium Allocation Area to the projects described
above). Councilor Rider made a motion to move this item into business. Councilor Schleif seconded.
There was no Council discussion. Council President Sharp referred Resolution CC-11-02-15-02 to the
Finance, Administration and Rules Committee for further review and consideration.
Council President Sharp announced the First Reading of Ordinance D-2235-15; 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 General Fund ($325,000). Councilor Rider
made a motion to move this item into business. Councilor Finkam seconded. Councilor Rider referred
to Steve Engelking, Director of Administration, to present this item to the Council.
Mayor Brainard arrived at 6:45 p.m.
There was no Council discussion. Council President Sharp referred Ordinance D-2235-15 to the
Finance, Administration and Rules Committee for further review and consideration.
Council President Sharp announced the First Reading of Ordinance D-2236-15; 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 General Fund; TOTAL- $5,385,651
($3,435,500 from the General Fund; $1,832,319 from the Motor Vehicle Highway Fund to 2014 B COLT
Bond; $95,000 from Local Road and Street Fund; $2,554 from the Cumulative Capital Improvement
Fund and$20,278 from the Fire Pension Fund). Councilor Rider made a motion to move this item into
business. Councilor Schleif seconded. Councilor Rider referred to Steve Engelking, Director of
Administration, to present this item to the Council. There was no Council discussion. Council President
Sharp referred Ordinance D-2236-15 to the Finance, Administration and Rules Committee for further
review and consideration.
Council President Sharp announced the First Reading of Ordinance D-2237-15; An Ordinance of the
Common Council of the City of Carmel, Indiana, Amending Chapter 3, Article 1, Division 2, Sections
3-29 (Council Committee) and 3-31 (Agenda/Additions to Agenda/Public Rights to Address Council).
Councilor Finkam made a motion to move this item into business. Councilor Rider seconded.
Councilor Finkam presented this item to the Council. There was no Council discussion. Council
President Sharp referred Ordinance D-2237-15 to the Finance, Administration and Rules Committee for
further review and consideration.
Council President Sharp announced Resolution CC-11-02-15-01; A Resolution of the Common Council
of the City of Carmel, Indiana,Regarding Exchange of Real Property(.526 Acres near 106th Street and
Illinois Street)to Third Party. Councilor Finkam made a motion to move this item into business.
4
Councilor Schleif seconded and referred to Jeremy Kashman, City Engineer, to present this item to the
Council. There was no Council discussion. Councilor Schleif made a motion to approve Resolution
CC-11-02-15-01. Councilor Finkam seconded. There was no Council discussion. Council President
Sharp called for the vote. Resolution CC-11-02-15-01 was adopted 6-0.
Council President Sharp announced Resolution CC-11-02-15-03; A Resolution of the Common Council
of the City of Cannel, Indiana, Amending the Thoroughfare and Bicycle&Pedestrian Plan Maps in the
Carmel Clay comprehensive Plan"C3 PLAN". Councilor Rider made a motion to move this item into
business. Councilor Schleif seconded. Councilor Rider presented this item to the Council. Mayor
Brainard addressed the Council. There was no Council discussion. Councilor Rider made a motion to
approve Resolution CC-11-02-15-03. Councilor Schleif seconded. There was no Council discussion.
Council President Sharp called for the vote. Resolution CC-11-02-15-03 was adopted 6-0.
Council President Sharp announced Resolution CC-11-02-15-04; Resolution of the Common Council
for City Cannel to Petition to Appeal for an Increase to the Maximum Levy(Property Tax Shortfall-
$5,000,000). Councilor Carter made a motion to move this item into business. Councilor Finkam
seconded. Councilor Carter presented this item to the Council. There was no Council discussion.
Council President Sharp called for the vote. Resolution CC-11-02-15-04 was adopted 6-0.
OTHER BUSINESS
There was none.
ANNOUNCEMENTS
There were none.
EXECUTION OF DOCUMENT
ADJOURNMENT
Mayor Brainard adjourned the meeting at 6:56.p.m.
Respectfully submitted,
i
Clerk-Treasurer Diana L. Cordray, C
Ap. oved,
fames Brainard,Mayor
ATTEST:
Diana L. Cordray, IAMC, Clerk-Treasurer
11 n2:15 CC::M c iag Meiutz$
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CARMEL REDEVELOPMENT COMMISSION
CITY COUNCIL NOVEMBER, 2015 REPORT
REPORTING ON SEPTEMBER 2015 FINANCES
OCTOBER 2015 ACTIVITIES
Carmel Redevelopment Commission
STRATEGIC HIGHLIGHTS
• FVB Energy presented at the October CRC meeting to report on the feasibility of a District Energy
System in Midtown. The final report will be posted on the CRC website once received.
• Anderson Birkla is pursuing approvals for a new Allocation Area and Economic Development
Bonds from the CRC and City Council. Resolutions are included on the 11/2/15 Council agenda.
The developer is seeking final approvals by year-end.
• CRC staff is continuing to facilitate development conversations and negotiations with Old Town
Development for Midtown developments.
FINANCIAL HIGHLIGHTS
The following highlights represent unrestricted funds available to the CRC to work its mission. Total
savings at month-end were$5,092,674. Savings are considered restricted and are in addition to the ending
balance noted below.
----- ---------------- ----------------------------------- - -------
September Beginning Balance $ 4,167,559
September Revenues $ 209,410
September Expenditures $ 498,528
September Ending Balance $ 3,878,441
FUNCTIONAL HIGHLIGHTS
• CRC staff,the CRC Treasurer,and Clerk Treasurer(CT) staff did not meet in October. Original
records transferred to and/or documents shared with CT office for record-keeping:
DATE DOCUMENT METHOD
N/A None N/A
LOOKING AHEAD
• Agreements with Anderson Birkla regarding the Party Time site development have been filed with
Council. All agreements and project design will seek Council input and approval this year.
• Midtown development discussions are underway. A TIF request is expected in winter 2015/2016.
October 23,2015 CRC Report for November 2,2015 City Council Meeting Page 11
/Fi.NAN:CIAL STATEMENT
Financial Statement SEPTEMBER MONTH END
III
BALANCE*
SEPTEMBER MONTH-END FINANCIAL $5,000,000
BALANCE
$4,000,000
Ending Balance without $ 3,878,441
Restricted Funds* $3,000,000 - -___-_______
Ending Balance with $ 8,971,115 $2,000,000
Restricted Funds
$1,000,000 - - i
I i
SUMMARY OF CASH ®Actual ■Budget •variance
For the Month Ending September 30,2015
MONTHLY
DESCRIPTION ACTUAL PROJECTION VARIANCE
Cash Balance 9/1/15
1101 Cash $4,167,559.26 $4,167,559.26 $-
1110 TIF - - -
- ------------------- _. __- ----- ---------------- -- ----- ----- --- --------- - ----- ------ --------------------
Total Cash $4,167,559.26 $4,167,559.26 $-
Receipts
1101 Cash $209,410.42 $173,602.78 $35,807.64
1110 TIF - - -
Developer Payments -
Transfer to SRF - -
Total Receipts $209,410.42 $173,602.78 $35,807.64
Disbursements
1101 Cash $498,528.39 $585,776.54 $87,248.15
1110TIF - -
Total Disbursements $498,528.39 $585,776.54 $87,248.15
1101 Cash $3,878,441.29 $3,755,385.50 $123,055.79
1110TIF - - -
Cash Balance 9/30/15 $3,878,441.29 $3,755,385.50 $123,055.79
Total Usable Funds $3,878,441.29 $3,755,385.50 $123,055.79
October 23,2015 CRC Report for November 2,2015 City Council Meeting Page 12
y
/FINANCIAL STATEMENT
FUND BALANCES AND OUTSTANDING RECEIVABLES
As of September 30,2015
Restricted Funds
Energy Center Reserve $502,300
Civic Rent Reserve 802,732
Supplemental Reserve Fund 3,787,641
Sub-total: 5,092,674
Unrestricted Funds
TIF 0
Non TIF 3,878,441
Sub-total: 3,878,441
Total Funds $8,971,115
Outstanding Receivables
Reimbursement of Project Blue invoices (1) 13.955
Total Outstanding Receivables $13,955
(1)Amounts due are the professional service invoices paid to date by
the CRC in regards to the potential development as per the
established Reimbursement Agreement.
STATEMENT OF CHANGES IN EQUITY
MONTH END:SEPTEMBER 2015
DESCRIPTION REVENUE EXPENSES
Total Receipts(TIF) $-
Total Receipts(Non TIF): $209,410
Expenditures(TIF) — — $-
Expenditures(Non TIF) $498,528
October 23,2015 CRC Report for November 2,2015 City Council Meeting Page 13
FINANCIAL UPDATE
Financial Update
TIF REVENUE AND DEBT
Projected TIF revenue available for CRC use and reserve transfers is$19,031,010.
$2,112,397 is projected to be transferred to reserves.
Net Developer Pass-Thru TIF Revenue forecast is$17,076,430. Developer Pass-Thru paid in July
was$691,723.
Bond debt payments were made in June and July and will be made December. Below are the projected
payments;
MONTH TIF TOTAL COIT TOTAL
June/July 2015 (Actual) $9,056,949 $479,711
December 2015 $9,054,864 $479,532
GOING CONCERN
With construction projects underway,we are coordinating closely with contractors to minimize unforeseen
change orders.
TAKEAWAYS
• Month-end balance is positive.
• The Palladium dome construction project is 100%complete and paid out.
October 23,2015 CRC Report for November 2, 2015 City Council Meeting Page 14
,
Project Updates
CITY CENTER
Developer Partner: Pedcor Companies
Allocation Area: Downtown EDA 1
Project Summary:see below
Use:Mixed-Use
C ARMEL CITY C ENTER PROPOSED SITE PLAN 12-8-14 >.
1 - -- -_________ __.^ CITY CENTER DRIVE ti-
? j- - V .i- f1 = AN'S WAY J',
WEDGWOOD
loilor/... _ _ _ IYIIDNIG - GAINSIORWGN e,
_ ..' I O _ _ EYROIMG(NONIN) rr�5
n -. 1. -' • - -WINSEGROUGN I
• �NIIOMG i°
I DOOM Hotel/M®tor Court s G,Y ?�'
' .-r D L ...__ju z • f
L:ag:g Q ,� _ , e.G7 8-8 o-4 o i L'1 ® ®:. ..ei - -:'ja OO•c+vss�• �_ i�`' Q (a— r .nN st..> �-. 1 !1Ba1
u fs� C�— /�� �. n�AO W mitt:'
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srum0 nitwits Ili" 6 - ' � l}�.y. _
rNEATEA BUILDING +rN '�I ..! ,.
VW TM{INGTON
■
Holland D-a 1It
_ ,T•E i Park Eas D r- A
MAN HEST O •. •- ! '),,%••C:/lY
a •-•. 1 JJJ
:,.1 g __ Playfair ��� _ "IJI �U G�
% I MONONGREEN MEL °l
%,..... r iL � a ..
r 1! t —C 2014 C.GNLLCu Cunt LLC A PECCOR DEVELOPMENT I �� O❑
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Figure 1 City Center Master Plan,provided by Pedcor City Center Development Company
October 23,2015 CRC Report for November 2,2015 City Council Meeting Page 15
PROJECT UPDATES
Phase 1-complete
1) Apartments-Current occupancy is at 87%.
2) Retail-Currently,Pedcor leases 95%of the total 79,570 in LSF. Beauty&Grace is open. If you
know of retailers that would be great to have here,please contact Melissa Averitt at 705-7982.
Nash Building-complete
1) Apartments-50%of the 30 apartments are leased.
2) Retail-approximately 70%of the 9,338 sf of commercial space has been leased. Graeter's Ice
Cream is open.
Phase 2
1) Project Status-(noted below)
City Center site improvement construction drawings are 95%complete. The team is anticipating
issuing the documents and having them publicly bid by year-end.
PROJECT USE PROJECT DESIGN RENDERINGS
DATES PROVIDED BY PEDCOR
Garage A four-story parking structure with no less Design/Build
Park East than 620 parking spaces,which will include 2015-2016 ti�
up to approximately 28,000 square feet of -;j c � -1 t�,,�
commercial retail/office space. Completion j ++`"�ti.jai,I t
Q1/2 2017 al ` 1.1 'n GGlr.
CRC Public Bid project. RFQ/RFP are posted --
on CRC website. The Technical Review
Committee received 3 responses to the RFQ
and will be asking all three to respond to an
RFP. _ _
Baldwin/ A four story building,of approximately Start: Spring
Chambers 64,000 square feet,which will include 2015
f
,ate
p8.,IIt 1
luxury P artments and commercial
retail office space. Pedcor is currentl y I
� �
Completion j '
j
working with four commercial businesses I Q42017 ra,
$ r;= , ;
who will occupy approximately 14,000 sf of t -L
the commercial space.
Construction drawings are 99%complete.
Holland A five story building,of approximately -
Start: Fall 2015
63,000 square feet,which will include
luxury apartments and commercial Completion ,7 1,r ;li�r
retail/office space. Q�u a 7s I LI ft+ti�
Q4 2017 {{4::�{�fr1 K,' ' mq i
Design Development is complete.
Playfair A five story building,of approximately Start:Fall 2015
63,000 square feet,which will include Completion
luxury apartments and commercial
October 23,2015 CRC Report for November 2,2015 City Council Meeting Page 16
ROJ � �
U��� U ��K-U�����U ����
retail/office space. Q4 2017
Design Development
Garage See Garage East note above Start:Fall 2015
Retail Completion
Design has notstarted. ' Q4 2017
Pedcor A two story building,of approximately Start: Fall 2015
Office 5 20,000 square feet,which will include office
space. g42O17 Completion ,� E
J ^
0U
Design Development isunderway. v^ /
-~-_ Y.
Kent A three story building,of approximately Fall 2015 C:, - * O
111,000 square feet of luxury apartments.
Completion
Schematic Design is underway D43O17 � ����^~%��
Wren A seven story building,of approximately Start: Fall 2016
88,000 square feet,which will include
luxury apartments and commercial
Completion
oOlce/retaUnpace.
Q4 2018 �� .
Pi MI
Design has not xtn� d r �-�'^`������ �� '�/ -
_,..,..12_4121110 � �rf;i1D'_
Windsor A four story building,of approximately Start: Fall 2017 Design has not started.
64,000 square feet,which will include Completion
luxury apartments and commercial
Q4 2019
_ o/oro/retaOsPaFE. ---___-
Eastern A building,of approximately 76,000 to Start:Fall 2017 Design has not started.
Motor 91,000 square feet,which will include
Court Site luxury apartments and commercial Completion
office/retail space designed so that in the
Q4 2019
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 Start:TBD Design has not started.
square feet,which will include parking.
2) Council and/or CRC Action Items
ACTION ITEM CITY COUNCIL CRC
------- -- '-- -' - - — -- '----- --------------
None at this time.
3) CRC Commitment
An overview of commitments have been uploaded to the CRC website.
October 23,2015 CRC Report for November 2,2015 City Council Meeting Page 17
aPROJECT UP ,, ES1 ; ;: -
Most significantly,the CRC commits to publicly bid a four-story parking garage with not less than
620 parking spaces. The CRC also commits to coordinate any significant site plan changes
requested by Pedcor with City Council.
MEZZ 42
1) Developer Partner:Anderson Birkla
2) Allocation Area: Downtown EDA 1
3) Project Summary: see www.mezz42.com
Use: Primary Residential. 42 residential units with 8,500 square feet of office.
Total project budget:$8-9 million
Secured Tenants: Survival Fitness,attorney office,and Anderson Birkla headquarters
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I Figure 2 Image provided by Anderson Birkla '�+
4) Anticipated Project Schedule
[Project complete 2015
5) Construction Milestones
i. Buildings are in final close-out.
ii. Work will be 100%complete by mid-November
6) Council and/or CRC Action Items
ACTION ITEM CITY COUNCIL CRC
None at this time
7) CRC Commitments
October 23,2015 CRC Report for November 2,2015 City Council Meeting Page 1 8
PROJECT UPDATES
Provide parking spaces on 3rd 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. Original Budgets-not including construction change orders.
$67,021 Invoices are expected to be paid starting Aug 2015.
Site Construction (3rd Ave) Calumet Civil Contractors.
Utility Invoices are expected to be paid when the poles are
Relocation $250,000 removed.
$242,979 Invoices are expected to be paid 2015. Midwest
Site Construction (site work) Constructors.
b. Design Consultant:American Structurepoint
c. Construction Contractors:Calumet Civil Contractors/Duke Energy/Midwest Constructors
d. CRC Commitment Schedule
Design%Complete 100%
Construction Start Date September 2014
Calumet is complete.
Anticipated Project Completion Midwest is 95%complete.
Duke has poles remaining on-site.
SOPHIA SQUARE PUBLIC PLAZA
1) Developer Partner(s): Carmel Lofts/Keystone
2) Project Summary: Create a multi-purpose civic plaza serving residents and merchants of Sophia
Square,City of Carmel festival goers,visitors of the Arts and Design District,and
individuals/organizations that would reserve the space for special events.
Total project budget:unconfirmed
3) Anticipated Project Schedule
Design 2015
Construction 2016
4) Design Consultant: Context Landscape Architecture
5) Construction Milestones:n/a
6) Council and/or CRC Action Items
ACTION ITEM CITY COUNCIL CRC
None.
October 23,2015 CRC Report for November 2,2015 City Council Meeting Page 1 9
PROJECT UPDATES
PALLADIUM LANDSCAPING
PALLADIUM LANDSCAPE
1) Project Summary: In 2011,the CRC purchased limestone for the CONSTRUCTION PROGRESS
Palladium site with the intent to complete the landscape package. r
The project will include the installation of the existing limestone, -:
site work,and landscape/lighting/irrigation on the south and west K`:' "'=:li1i 'i
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sides of the Palladium. Shiel Sexton is providing construction
management for this project under an existing contract. _
2) Total Project Budget: $1,363,350
Engineering Contract $23,200 I - _ _ :,1✓
-
Construction Contract with JBM
Construction $1,243,000 --- ,._..,. ,;
3) Anticipated Project Schedule ^- ij (°1_ =" F 1;1-;i
Design Complete `
Construction Complete 2016
4) Construction Milestones:
• SE Quad:limestone has been set. 'y• SW Quad:limestone installation is set 1'
• NW Quad:limestone installation is in progress.
5) Council and/or CRC Action Items L
ACTION ITEM CITY COUNCIL CRC
None at this time
PALLADIUM DOME
1) Design Engineer:McComas Engineering
2) Contractor:Ben Hur
3) Project Summary:Engineer and repair eight connections on a : ;_
truss in the Palladium Dome. These connections were indicated r
by Walter P Moore as connections that needed to be addressed to -
improve the structural longevity and long-term integrity
4) This project is complete and came in on budget.
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October 23,2015 CRC Report for November 2,2015 City Council Meeting Page 110
.
,
PROSCENIUM (FORMER PARTY TIME SITE)
1) Developer Partner(s):Anderson Birkla
2) Economic Development Area: 126mStreet
3) Project Summary:Mixed-use development,multiple buildings.
Total project budget:unknown
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4) Anticipated Project Schedule
TlFBegueyt 3015
Design/Construction start 2016
5) Construction Milestones :n/a
6) Council and/or CRC Action Items
ACTION ITEM CITY COUNCIL CRC
Purchase On 11/2/15 Agenda Pending Council approval
Agreement
- ---- '--- - ' '' ' — - -- ----- - -
Project Agreement 0o11/2/1SA800du 9eudin�CouncUapprovu)
Allocation Area On 11/2/15 Agenda Pending Council approva
- — — ---- ----`- ` - - - --- '----------- --- ----- --
Economic On 11/2/15 Agenda Pending Council approva
Development Bond
Request
7) CRC Commitments
No commitments by the CRC have been made at this point in the negotiations.
October 23,2015 CRC Report for November 2,2015 City Council Meeting Page I11
PROJECT UPDATES
MIDTOWN
1) Developer Partner(s): Old Town Development/Barrett&Stokely
2) Economic Development Area:Old Town
3) Project Summary:Mixed-use development,multiple buildings.
Total project budget:unknown
Secured Tenants:Merchants Bank,Miller Auto Care
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4) Anticipated Project Schedule
TIF Request 2015
Design/Construction Start Late 2015/2016
5) Construction Milestones:n/a
6) Council and/or CRC Action Items
, ACTION ITEM CITY COUNCIL CRC
None at this time _ J
7) CRC Commitments
No commitments have been made at this point in the negotiations.
October 23,2015 CRC Report for November 2,2015 City Council Meeting Page 112
PROJECT UPDATES
Respectfully submitted,
Corrie Meyer,AICP,RLA
Director
Carmel Redevelopment Commission/Department
October 23,2015
Prepared for David Bowers and Bob Dalzell
-End Report-
October 23,2015 CRC Report for November 2,2015 City Council Meeting Page 113