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HomeMy WebLinkAbout04 April 18 MinutesCRC Meeting, April 18, 2018 1 CARMEL REDEVELOPMENT COMMISSION Meeting Wednesday, April 18, 2018 ATTENDANCE: President Bill Hammer Present Vice President Dave Bowers Present Secretary Bill Brooks Not Present Treasurer Christine Pauley Not Present Member Adam Campagna Present Member Jeff Worrell Present Member Michael Kerschner Not Present Executive Director Henry Mestetsky Present Deputy Director Michael Frischkorn Present Finance Manager Michael Lee Present City Attorney Ashley Ulbricht Present Legal Consultant Ryan Wilmering Present President Hammer called the meeting to order at 6:30 p.m. The Pledge of Allegiance was said. Approval of Minutes The March 21, 2018 minutes were presented. Mr. Bowers moved to approve the minutes. Mr. Worrell seconded. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks Adam Campagna X Jeff Worrell X Financial Matters Mr. Lee stated the Commission’s end of the month March balance totaled $1,808,684.18 and, including the restricted funds, the balance totaled $5,473,795.69. 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 $323,835.23. Mr. Lee stated that there is a disbursement to be paid out of the Midtown South Bond in the amount of $333,990.83. Mr. Lee stated that there is a disbursement to be paid out of the Midtown West Bond in the amount of $392,359.00. Mr. Lee stated that there is a disbursement to be paid out of the 2016 TIF Bond in the amount of $81,100.65. CRC Meeting, April 18, 2018 2 Mr. Lee stated that there is a disbursement to be paid out of the 2016 COIT Bond in the amount of $62,240.17. Mr. Bowers moved to approve the claims, seconded by Mr. Campagna. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks Adam Campagna X Jeff Worrell X Approval of Change Orders – Action Item #1 Mr. Lee sought approval of change orders for the Tarkington garage signage and the Ice Rink/ Center Green projects. Mr. Worrell moves to approve the change orders, seconded by Mr. Campagna. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks Adam Campagna X Jeff Worrell X Mr. Worrell left the meeting early and will not be voting. Executive Director Reports with Update on Properties Mr. Mestetsky highlighted the ongoing CRC projects. Committee Reports Finance Committee - None. Architectural Review Committee – None Old Business There was no old business. New Business Action Item #2 – Approval of amendment to hotel architect’s contract Mr. Hammer tabled this item until the next meeting. Adjournment Mr. Bowers moved the meeting be adjourned subject to the execution of documents, seconded by Mr. Campagna. The meeting was adjourned at 6:39 p.m. The next regularly scheduled meeting is Tuesday, May 22, 2018 at 8:00 a.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.