HomeMy WebLinkAbout2019-04-17 CRC Board Meeting Minutes
CRC Meeting, April 17, 2019
CARMEL REDEVELOPMENT COMMISSION Meeting
Wednesday, April 17, 2019
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 Kevin Rider Not Present
Member Katie Browning Present
Executive Director Henry Mestetsky Present
Deputy Director Jenell Fairman Present
Finance Manager Michael Lee Present
Office Administrator Rachel Finn Not Present
City Attorney Ashley Ulbricht Present
Legal Counsel Ryan Wilmering Present
President Hammer called the meeting to order at 5:36 p.m.
The Pledge of Allegiance was said.
Approval of Minutes
The March 20, 2019, minutes were presented. Vice President Bowers moved to approve the
minutes. Mr. Campagna seconded.
Vote: Yes No Abstain/Recuse
Bill Hammer X
Dave Bowers X
Bill Brooks
Adam Campagna X
Kevin Rider
Financial Matters
th March balance totaled $2,316,493 and,
including the restricted funds, the balance totaled $6,807,700.
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 $519,616.
Approval of Claims
Mr. Lee requested the Commission to approve the non-operating invoices in the amount of
$260,554.
Mr. Lee stated that there is a disbursement to be paid out of the 2016 TIF Bond in the amount of
$864.
Mr. Lee stated that there is a disbursement to be paid out of the 2016 COIT Bond in the amount
of $15,040.60.
Vice President Bowers moved to approve the claims, seconded by Mr. Campagna.
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CRC Meeting, April 17, 2019
Vote: Yes No Abstain/Recuse
Bill Hammer X
Dave Bowers X
Bill Brooks
Adam Campagna X
Kevin Rider
Executive Director Reports with Update on Properties
Executive Director Mestetsky reported that the CRC issued an RFP for the Lot One site last
month and held a Pre-RFP response meeting for developers that was well attended. Monon and
Main continues to be built-out. Midtown construction continues to. JC Hart luxury apartments
continue to be built-out and should be open by the end of 2019. Midtown West, The Railyard at
Midtown and Barrett & Stokely continue to move forward. Phase II of City Center is advancing
and is complete. Progress is being made on the Hotel Carmichael. The
Proscenium project continues on the podium parking garage. KAR Headquarters is progressing.
Zotec Partners Broke Ground on New Headquarters Facility.
Committee Reports
Finance Committee none.
Architectural Review Committee none.
Old Business
None.
New Business
None.
Other Business
None.
Adjournment
Mr. Campagna moved to adjourn, seconded by Vice President Bowers. The Commission
adjourned the meeting at 5:49 p.m.
The next regularly scheduled meeting is Tuesday, May 14, 2019, 6:30 p.m.
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