HomeMy WebLinkAboutCarmel Bond Bank Minutes 01-11-18THE CITY OF CARMEL
LOCAL PUBLIC IMPROVEMENT BOND BANK
MEETING MINUTES
Thursday, January 11, 2016 — 6:00 P.M.
Department of Community Services Conference Room
One Civic Square
BOARD MEMBERS PRESENT
Anna Stout, James Eibel and Frank Abercrombie
OTHERS PRESENT
Christine Pauley, Executive Director of the Bond Bank and Clerk -Treasurer of the City of Carmel; Loren Matthes, H.J.
Umbaugh & Associates; Bruce Donaldson, Barnes & Thornburg; Henry Mestetsky, City of Carmel Redevelopment Authority;
and Ann Bingman, Director of Finance, 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 December 7, 2017.
2. Mr. Donaldson discussed how the newly enacted Tax Cuts and Jobs Act will affect Municipal Bond Transactions.
3. Mr. Mestetsky, CRC Director, gave a formal presentation regarding the Hotel Carmichael.
4. The final design of the CLPIBB Seal was presented for color selection approval. A vote was taken and the Board
passed a motion to use the green seal. Ms. Bingman will follow up with Wilkinson Brothers for the final
arrangements and receipt of seal copies.
5. Vote was taken to elect Chairman and Vice Chairman of the City of Carmel Local Public Improvement Bond Bank for
calendar year 2018. Election of Frank Abercrombie, Chairman and James Eibel, Vice Chairman.
OTHER BUSINESS
Mr. Eibel discussed Municipal Bond OS Language for Real Estate -Oriented Issues.
Ms. Bingman provided an audit update.
ANNOUNCEMENTS
None
ADJOURNMENT
There being no further business to come before the Board, the meeting was adjourned at approximately 7:05 p.m.
APPROVED
Approved and adopted this 21st day of June, 2018, in Carmel, Indiana.
THE CITY OF CARMEL LOCAL PUBLIC IMPROVEMENT BOND
BANK �
Ala Alde
F n Abercr bi ,Chair
James Eibel, Vice -Chair
John Schuler
Z,W 4�
Anna Stout
Jointer
ristine S. Pauley, Cork -Treasurer