HomeMy WebLinkAbout2019-11-20 CRC Board Meeting Minutes
CRC Meeting, November 20, 2019
CARMEL REDEVELOPMENT COMMISSION Meeting
Wednesday, November 20, 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 Not 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 6:40 p.m.
The Pledge of Allegiance was recited.
BID Opening Fire Station RFP
Director Mestetsky informed the Commission that the CRC has not received any bids.
Approval of Minutes
The October 16, 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 X
Adam Campagna X
Kevin Rider
Financial Matters
Mr. Lee th August balance totaled $3,757,185 and,
including the restricted funds, the balance totaled $8,948,391.
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
$339,749.61.
Mr. Lee stated that there is a disbursement to be paid out of the 2016 TIF Bond in the amount of
$1,545,603.79.
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CRC Meeting, November 20, 2019
Mr. Lee stated that there is a disbursement to be paid out of the 2017C-1 Bond in the amount of
$32,444.19.
Mr. Lee stated that there is a disbursement to be paid out of the 2016 COIT Bond in the amount
of $7,593.96.
Mr. Campagna moved to approve the claims, seconded by Secretary Brooks.
Vote: Yes No Abstain/Recuse
Bill Hammer X
Dave Bowers X
Bill Brooks X
Adam Campagna X
Kevin Rider
Approval of Change Orders Action Item #1
Mr. Mestetsky asked that the Commission approve the change orders for GSB Architects.
Secretary Brooks moved to approve. Mr. Campagna seconded.
Vote: Yes No Abstain/Recuse
Bill Hammer X
Dave Bowers X
Bill Brooks X
Adam Campagna X
Kevin Rider
Executive Director Reports with Update on Properties
Executive Director Mestetsky reported that the Redevelopment Commission is close to being
finished with the south side façade of the Monon and Main project. The Railyard apartments are
almost complete and they are in the process of obtaining their certificate of occupancy. Work
continues on the Kent and Playfair-Holland is underway. Hotel Carmichael is progressing and
still slated for completion on April 20, 2020. Construction continues on the Agora building at the
Proscenium, and just north of there, the steel is up for the first floor retail building with an
apartment above it.
Committee Reports
Finance Committee none.
Architectural Review Committee none.
Old Business
None.
New Business
a. Action Item #2 Approval of Zotec project agreement
Mr. Lee asked that the Commission approve the terms of the Zotec project.
Vice President Bowers moved to approve. Mr. Campagna seconded.
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CRC Meeting, November 20, 2019
Vote: Yes No Abstain/Recuse
Bill Hammer X
Dave Bowers X
Bill Brooks X
Adam Campagna X
Kevin Rider
b. Action Item #3 Approval of Zotec Economic Development Agreement and
Industrial Development Grant Fund Agreement
Director Mestetsky asked that the Commission approve the agreements that will
allow Zotec to receive Industrial Development Grant Funds from the IEDC.
Mr. Campagna moved to approve. Secretary Brooks seconded.
Vote: Yes No Abstain/Recuse
Bill Hammer X
Dave Bowers X
Bill Brooks X
Adam Campagna X
Kevin Rider
c. Action Item #4 Approval of Resolution 2019-20 RE: authorization to use
Supplemental Reserve Fund
Director Mestetsky asked that the Commission approve the resolution to authorize
the use of the Supplemental Reserve Fund to pay for infrastructure benefitting the
Zotec project.
Secretary Brooks moved to approve. Mr. Campagna seconded.
Vote: Yes No Abstain/Recuse
Bill Hammer X
Dave Bowers X
Bill Brooks X
Adam Campagna X
Kevin Rider
Other Business
None.
Adjournment
Mr. Campagna moved to adjourn, seconded by Vice President Bowers. The Commission
adjourned the meeting at 7:15 p.m.
The next regularly scheduled meeting is Wednesday, December 18, 2019, 6:30 p.m.
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