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HomeMy WebLinkAbout2019-10-16 CRC Board Meeting Minutes CRC Meeting, October 16, 2019 CARMEL REDEVELOPMENT COMMISSION Meeting Wednesday, October 16, 2019 ATTENDANCE: President Bill Hammer Present Vice President Dave Bowers Present Secretary Bill Brooks Present Treasurer Christine Pauley Not Present Member Adam Campagna Present Member Kevin Rider Present Member Katie Browning Present Executive Director Henry Mestetsky Present Deputy Director Jenell Fairman Present Finance Manager Michael Lee Present Office Manager Rachel Finn Present City Attorney Ashley Ulbricht Present Legal Counsel Ryan Wilmering Present President Hammer called the meeting to order at 6:42 p.m. The Pledge of Allegiance was said. Approval of Minutes The September 18, 2019, minutes were presented. Mr. Rider moved to approve the minutes. Mr. Campagna seconded. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Kevin Rider X Financial Matters Mr. Lee th August balance totaled $3,793,053 and, including the restricted funds, the balance totaled $8,984,259. 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 $207,093.99. Mr. Lee stated that there is a disbursement to be paid out of the 2017C-1 Bond in the amount of $51,812.27. Mr. Lee stated that there is a disbursement to be paid out of the 2016 COIT Bond in the amount of $7,562.64. 1 CRC Meeting, October 16, 2019 Vice President Bowers moved to approve the claims, seconded by Mr. Rider. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Kevin Rider X Executive Director Reports with Update on Properties Executive Director Mestetsky reported that construction continues on the Agora building at the Proscenium. The Hotel Carmichael continues to progress and the grand opening is slated for April 30, 2020. Framing of the Kent building is complete. Foundations have been poured for the Playfair Holland building. Zotec Partners Headquarters construction is in full swing. Committee Reports Finance Committee none. Architectural Review Committee Review of Proscenium elevations. Old Business None. New Business a. Action Item #2 Declaratory Resolution 2019-18 RE: Magnolia allocation area Mr. Lee asked that the Commission amend the previous resolution in creating the Magnolia allocation area. Mr. Campagna moved to approve. Vice President Bowers seconded. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Kevin Rider X b. Action Item #3 Resolution 2019-19 RE: intergovernmental transfer of land Director Mestetsky asked that the Commission transfer a tract of land adjacent to Fire Station 41 from the City to the CRC. Secretary Brooks moved to approve. Mr. Rider seconded. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Kevin Rider X Other Business None. 2 CRC Meeting, October 16, 2019 Adjournment Mr. Rider moved to adjourn, seconded by Secretary Brooks. The Commission adjourned the meeting at 6:52 p.m. The next regularly scheduled meeting is Wednesday, November 20, 2019, 6:30 p.m. 3