HomeMy WebLinkAbout06-01-17 Carmel Bond Bank MinutesTHE CITY OF CARMEL
LOCAL PUBLIC IMPROVEMENT BOND BANK
MEETING MINUTES
Tuesday, June 1, 2011 — b.UU P.M.
Department %J Community Services Conference Room
One Civic Square
BOARD MEMBERS PRESENT
Anna Stout, Raju Chinthala, John Schuler, Frank Abercrombie and Jarvis Jointer
OTHERS PRESENT
Christine Pauley, Executive Director of the Bond Bank and Clerk -Treasurer of the City of Carmel; Loren Matthes and Andy
Mouser of H.J. Umbaugh & Associates; Scott Schuster and Trent Parkinson of Katz Sapper & Miller; Ann Bingman, Director of
Finance — Investments, Clerk -Treasurer's Office, City of Carmel.
Christine S. Pauley, Clerk Treasurer of the City of Carmel, called the meeting to order at 6:00 p.m. and recognized a quorum
of the Board present.
OLD BUSINESS
None
NEW BUSINESS
1. Consideration and approval of the minutes of the Bond Bank Board meeting held on May 18, 2017.
2. Ms. Matthes discussed the delays to Midtown West and Midtown South.
3. Mr. Schuster discussed the Carmel Bond Bank audit and it was an unqualified opinion. No issues were noted during
the course of the audit.
4. The status of the Carmel Bond Bank Seal was discussed. The CT Office noted that Wilkinson Brothers had been
contacted regarding services and estimates. The City of Carmel has used them before. The board would like 3
potential designs to choose from. Also, research another vendor so two are considered.
OTHER BUSINESS
Request for Ms. Matthes to create a pie chart and break down bond debt expenses so members can understand what
percentage the various costs represent.
ANNOUNCEMENTS
None
ADJOURNMENT
There being no further business to come before the Board, the meeting was adjourned at approximately 6:52 p.m.
APPROVED
Approved and adopted this 7th day of September, 2017, in Carmel, Indiana.
THE CITY OF CARMEL LOCAL PUBLIC IMPROVEMENT BOND
BANK
Anna Stout, Chair
Jarvis inter, Vice -Chair
John 3 uler
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Christine S. Pauley, Clerk -Treasurer