Loading...
HomeMy WebLinkAbout01 January 17 MinutesCRC Meeting, January 17, 2018 1 CARMEL REDEVELOPMENT COMMISSION Meeting Wednesday, January 17, 2018 ATTENDANCE: President Bill Hammer Present Vice President Dave Bowers Not Present Secretary Bill Brooks Present (telephonically) Treasurer Christine Pauley Present Member Adam Campagna Present Member Jeff Worrell Not Present Member Michael Kerschner Present Executive Director Henry Mestetsky Present Deputy Director Michael Frischkorn Present Office Manager Michael Lee Present City Attorney Ashley Ulbricht Present Legal Consultant Jenny Shoup Present Bond Counsel Annelise Williams Present President Hammer called the meeting to order at 6:30 p.m. The Pledge of Allegiance was said. Election of Officers Mr. Hammer opens nominations for President. Mr. Campagna moves to appoint Mr. Hammer as CRC President for 2018. Mr. Brooks seconds. Mr. Hammer asks Mr. Frischkorn for a roll call vote. Roll Call Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers Bill Brooks X Adam Campagna X Jeff Worrell Mr. Hammer opens nominations for Vice President. Mr. Brooks moves to appoint Mr. Bowers as CRC Vice President for 2018. Mr. Campagna seconds. Mr. Hammer asks Mr. Frischkorn for a roll call vote. Roll Call Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers Bill Brooks X Adam Campagna X Jeff Worrell Mr. Hammer opens nominations for Secretary. Mr. Campagna moves to appoint Mr. Brooks as CRC Secretary for 2018. Mr. Hammer seconds. Mr. Hammer asks Mr. Frischkorn for a roll call vote. Roll Call Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers Bill Brooks X Adam Campagna X Jeff Worrell CRC Meeting, January 17, 2018 2 Appointment – 4CDC Board Member Mr. Hammer presented Ron Carter as the board member appointed by the CRC. Mr. Campagna moves to reappoint Ron Carter as 4CDC Board Member, Mr. Brooks seconds. Mr. Hammer asks Mr. Frischkorn for a roll call vote. Roll Call Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers Bill Brooks X Adam Campagna X Jeff Worrell Approval of Minutes The December 20, 2017 minutes were presented. Mr. Campagna moved to approve the minutes. Mr. Brooks seconded. Mr. Hammer asks Mr. Frischkorn for a roll call vote. Roll Call Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers Bill Brooks X Adam Campagna X Jeff Worrell Financial Matters Mr. Lee stated the Commission’s end of the month December balance totaled $2,051,611.83 and, including the restricted funds, the balance totaled $6,594,521.14. Update on Outstanding Receivables Mr. Lee stated there are two outstanding receivables: 1) Project Blue invoices of $15,643. 2) Initial Energy Consumption Fee for The Mezz of $346,410. Approval of Claims Mr. Lee requested the Commission to approve the non-operating invoices in the amount of $222,038.34. Mr. Lee stated that there is a disbursement to be paid out of the City Center Phase II Bond in the amount of $4,356.25. Mr. Lee stated that there is a disbursement to be paid out of the Midtown South Bond in the amount of $245,858.68. Mr. Lee stated that there is a disbursement to be paid out of the 2016 TIF Bond in the amount of $110,182.28. Mr. Lee stated that there is a disbursement to be paid out of the 2016 COIT Bond in the amount of $172,964.76. Mr. Campagna moved to approve the claims, seconded by Mr. Brooks. Mr. Hammer asks Mr. Frischkorn for a roll call vote. CRC Meeting, January 17, 2018 3 Roll Call Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers Bill Brooks X Adam Campagna X Jeff Worrell Approval of Change Orders Mr. Frischkorn presented the change orders. Mr. Campagna moved to approve the change orders as presented. Mr. Brooks seconded. Mr. Hammer asks Mr. Frischkorn for a roll call vote. Roll Call Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers Bill Brooks X Adam Campagna X Jeff Worrell Executive Director Reports with Update on Properties Mr. Mestetsky thanked Clerk Treasurer Pauley for her efforts to “refresh” the council chambers. He noted that the Christkindlmarkt was successful and that the ice rink continued to run. Mr. Mestetsky also highlighted the Monon Boulevard/Trail project, the Midtown West project, and the Proscenium project. Committee Reports None. Old Business There was no old business. New Business Action Item #2 – Resolution 2018-01 re: Amendment to Economic Development Plan for Legacy Economic Development Area Ms. Williams stated that this will allow all Legacy TIF, in excess of Legacy attributed debt payments, will flow into the Integrated TIF District. Mr. Campagna moved to approve, seconded by Mr. Brooks. Mr. Hammer asks Mr. Frischkorn for a roll call vote. Roll Call Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers Bill Brooks X Adam Campagna X Jeff Worrell Action Item #3 – Consulting contract regarding ice chiller noise mitigation Mr. Mestetsky stated that this would approve IMEG as the consultant for mitigating the noise produced by the ice chiller. Mr. Hammer noted that Mr. Birkla, representing the Mezz development, was present. Mr. Campagna moved to approve, seconded by Mr. Brooks. Mr. Hammer asks Mr. Frischkorn for a roll call vote. Roll Call Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers Bill Brooks X CRC Meeting, January 17, 2018 4 Adam Campagna X Jeff Worrell Action Item #4 – Amendment to Mezz Service Fees Agreement Mr. Mestetsky stated that this is a procedural amendment in order for Anderson Birkla to refinance their long term loan associated with the Mezz development. Mr. Campagna moved to approve, seconded by Mr. Brooks. Mr. Hammer asks Mr. Frischkorn for a roll call vote. Roll Call Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers Bill Brooks X Adam Campagna X Jeff Worrell Action Item #5 – Engagement letter for limited environmental counsel work Mr. Mestetsky stated that this would approve the engagement letter and its terms with BGD as legal counsel for limited environmental legal work. Mr. Campagna moved to approve, seconded by Mr. Brooks. Mr. Hammer asks Mr. Frischkorn for a roll call vote. Roll Call Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers Bill Brooks X Adam Campagna X Jeff Worrell Action Item #6 – Engagement letter for limited document review counsel work Mr. Mestetsky stated that this would approve the engagement letter and its terms with Perkins Coie LLP as legal counsel for limited review and negotiation of documents related to the hotel project . Mr. Campagna moved to approve, Mr. Brooks seconded. Mr. Hammer asks Mr. Frischkorn for a roll call vote. Roll Call Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers Bill Brooks X Adam Campagna X Jeff Worrell Other Business None. Adjournment Mr. Campagna moved the meeting be adjourned subject to the execution of documents, seconded by Mr. Brooks. The meeting was adjourned at 7:02 p.m. The next regularly scheduled meeting is Wednesday, February 21, 2017 at 6:30 p.m. An executive session was held prior to the public meeting in which the purchase or lease of real property was 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.