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HomeMy WebLinkAbout03 March 21 MinutesCRC Meeting, March 21, 2018 1 CARMEL REDEVELOPMENT COMMISSION Meeting Wednesday, March 21, 2018 ATTENDANCE: President Bill Hammer Present Vice President Dave Bowers Present Secretary Bill Brooks Present (telephonically) Treasurer Christine Pauley Present Member Adam Campagna Present Member Jeff Worrell Present Member Michael Kerschner 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 6:34 p.m. The Pledge of Allegiance was said. Approval of Minutes The February 28, 2018 minutes were presented. Mr. Bowers moved to approve the minutes. Mr. Campagna seconded. Mr. Hammer asks Mr. Lee for a roll call vote. Roll Call Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Jeff Worrell X Financial Matters Mr. Lee stated the Commission’s end of the month December balance totaled $2,099,133.09 and, including the restricted funds, the balance totaled $6,642,042.90. 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 $430,460.87. Mr. Lee stated that there is a disbursement to be paid out of the Midtown South Bond in the amount of $201,553.71. Mr. Bowers moved to approve the claims, seconded by Mr. Campagna. Mr. Hammer asks Mr. Lee for a roll call vote. CRC Meeting, March 21, 2018 2 Roll Call Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Jeff Worrell X Executive Director Reports with Update on Properties Mr. Mestetsky highlighted the ongoing CRC projects and noted that construction was restarting after the winter. He noted that Midtown West would be closing on bonds and that project would move forward. Committee Reports Finance Committee - None. Architectural Review Committee – Mr. Worrell noted that the committee met on March 6, 2018 and reviewed the Kent building, Hamilton East building, the Playfair and Holland buildings, and received an update on the Monon and Main building. Old Business There was no old business. New Business Action Item #1 – Award bid for Kent site work Mr. Frischkorn stated that this will approve HIS Constructors as the contractor for the Kent site work. Mr. Compagna moved to approve, seconded by Mr. Worrell. Mr. Hammer asks Mr. Lee for a roll call vote. Roll Call Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Jeff Worrell X Action Item #2 – Hotel Development contract amendment Mr. Mestetsky stated that this will decrease the monthly payments to Coury Hospitality for hotel development services. Mr. Compagna recused because of a potential conflict. Mr. Worrell moved to approve, seconded by Mr. Brooks. Mr. Hammer asks Mr. Lee for a roll call vote. Roll Call Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Jeff Worrell X Adjournment Mr. Campagna moved the meeting be adjourned subject to the execution of documents, seconded by Mr. Bowers. The meeting was adjourned at 7:11 p.m. The next regularly scheduled meeting is Wednesday, April 18, 2018 at 6:30 p.m. CRC Meeting, March 21, 2018 3 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.