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HomeMy WebLinkAbout06 June 20 MinutesCRC Meeting, June 20, 2018 1 CARMEL REDEVELOPMENT COMMISSION Meeting Wednesday, June 20, 2018 ATTENDANCE: President Bill Hammer Present Vice President Dave Bowers Present Secretary Bill Brooks Present (Telephonically) Treasurer Christine Pauley Not Present Member Adam Campagna Present Member Jeff Worrell Not 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 6:43 p.m. The Pledge of Allegiance was said. Approval of Minutes The May 22, 2018 minutes were presented. Mr. Campagna moved to approve the minutes. Mr. Bowers seconded. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Jeff Worrell Financial Matters Mr. Lee stated the Commission’s end of the month June balance totaled $1,630,411.32 and, including the restricted funds, the balance totaled $6,027,905.63. 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 $346,411. Approval of Claims Mr. Lee requested the Commission to approve the non-operating invoices in the amount of $12,514,829.02. Mr. Lee stated that there is a disbursement to be paid out of the Midtown South Bond in the amount of $320.00. Mr. Lee stated that there is a disbursement to be paid out of the 2016 TIF Bond in the amount of $6,082.15. Mr. Lee stated that there is a disbursement to be paid out of the 2016 COIT Bond in the amount of $142,638.06. CRC Meeting, June 20, 2018 2 Mr. Bowers moved to amend and approve the non-operating disbursement amount to $12,514,829.02 with the other claims to approved as read. Mr. Campagna seconds. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Jeff Worrell Executive Director Reports with Update on Properties Mr. Mestetsky highlighted the ongoing CRC projects. The Midtown West project has started foundations. The Midtown Plaza project has started with the Monon Boulevard project proceeding. The Proscenium project has received the necessary approvals and will be starting soon. Committee Reports Finance Committee - None. Architectural Review Committee – The committee discussed the Proscenium and noted that most issues have been resolved. Also, the Kent project is proceeding. Old Business None. New Business a. Action Item #1 – Approval of contract for construction and architectural consultant Mr. Mestetsky asked that Commission approve a contract with a consultant, Les Olds, to help aid the CRC in reviewing construction plans and provide architectural feedback. Mr. Bowers moved to approve, seconded by Campagna. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Jeff Worrell b. Action Item #2 – Resolution 2018 – 04 re: acceptance of property transfer from City of Carmel Mr. Mestetsky asked that the Commission accept the transfer the Mohawk Landing property from the City of Carmel to the Redevelopment Commission. Mr. Bowers would like to have the budget of the property as well as information about the property manager. Mr. Campagna moves to approve, Mr. Bowers seconds. CRC Meeting, June 20, 2018 3 Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Jeff Worrell Other Business None. Adjournment Mr. Bowers moves to adjourn, seconded by Mr. Campagna. The Commission adjourned the meeting at 7:09 p.m. The next regularly scheduled meeting is Wednesday, July 18, 2018 at 6:30 p.m.