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HomeMy WebLinkAbout2019-12-18 CRC Board Meeting Minutes CRC Meeting, December 18, 2019 CARMEL REDEVELOPMENT COMMISSION Meeting Wednesday, December 18, 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 6:32 p.m. The Pledge of Allegiance was recited. Appointment 4CDC Board Member President Hammer stated that the Chair requested a Resolution nominating Ron Carter as a board member appointed by the CRC. Secretary Brooked moved to submit the Resolution to reappoint Ron Carter as 4CDC Board Member. Mr. Campagna seconded. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Kevin Rider Annual Report to Taxing Units Heidi Amspaugh from Baker Tilly Municipal Advisors, LLC provided a presentation to the annual overlapping taxing units, as required by state law. Approval of Minutes The November 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 X Adam Campagna X Kevin Rider Financial Matters Mr. Lee f the month August balance totaled $3,692,131 and, including the restricted funds, the balance totaled $8,883,338. 1 CRC Meeting, December 18, 2019 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 $12,847,710.43. Mr. Lee stated that there is a disbursement to be paid out of the 2016 COIT Bond in the amount of $7,500.00. Mr. Campagna moved to approve the claims, seconded by Vice President Bowers. 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 two change orders for the Hotel Carmichael. Secretary Brooks 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 Executive Director Reports with Update on Properties Executive Director Mestetsky reported that construction continues on the Holland-Playfair, Hotel Carmichael and Kent. Steel is up on three building at the Proscenium site. The CRC continues to have negotiations on the PNC site and hopes to have something for the Commission soon. The Redevelopment Commission has hired an additional employee that will start on the sixth of the New Year. Director Mestetsky thanked the Commissioner Committee Reports Finance Committee yes, discussed 2020 budget. Architectural Review Committee none. Old Business None. New Business a. Public Hearing for South Range Line confirmatory resolution President Hammer opened the Public Hearing at 7:07 p.m. With no members of the public wishing to speak, President Hammer closed the Public Hearing at 7:08 p.m. 2 CRC Meeting, December 18, 2019 b. Action Item #2 Resolution 2019-21 re: confirmatory resolution for South Rangeline allocation area Mr. Mestetsky asked that the Commission approve the creation of the South Rangeline allocation area. Secretary Brooks made a motion to approve. Mr. Campagna seconded. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Kevin Rider c. Action Item #3 Resolution 2019-22 re: TIF pledge for South Rangeline Mr. Mestetsky asked that the Commission approve pledge the TIF generated from the South Rangeline allocation area towards the bonds that will support the South Rangeline development. 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 d. Public Hearing for Franciscan confirmatory resolution President Hammer opened the Public Hearing at 7:11 p.m. With no members of the public wishing to speak, President Hammer closed the Public Hearing at 7:12 p.m. e. Action Item #4 Resolution 2019-23 re: confirmatory resolution for Franciscan allocation area Mr. Mestetsky asked that the Commission approve the creation of the Franciscan 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 f. Action Item #5 Resolution 2019-24 re: TIF pledge for Franciscan 3 CRC Meeting, December 18, 2019 Mr. Mestetsky asked that the Commission approve to pledge a portion of the TIF generated from the Franciscan allocation area towards the bonds that will support the Franciscan development. Vice President Bowers 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 g. Public Hearing for North End confirmatory resolution President Hammer opened the Public Hearing at 7:15 p.m. With no members of the public wishing to speak, President Hammer closed the Public Hearing at 7:16 p.m. h. Action Item #6 Resolution 2019-25 re: confirmatory resolution for Smokey & Monon allocation area Mr. Mestetsky asked that the Commission approve the creation of the Smokey & Monon allocation area. 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 i. Action Item #7 Resolution 2019-26 re: TIF pledge for Smokey & Monon Mr. Mestetsky asked that the Commission approve to pledge a portion of the TIF generated from the Smokey & Monon allocation area towards the bonds that will support the Smokey & Monon development. President Hammer stated that the Chair would accept an amended motion per 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 4 CRC Meeting, December 18, 2019 j. Public Hearing for Zotec confirmatory resolution President Hammer opened the Public Hearing at 7:26 p.m. With no members of the public wishing to speak, President Hammer closed the Public Hearing at 7:27 p.m. k. Action Item #8 Resolution 2019-27 re: confirmatory resolution for Zotec allocation area Mr. Mestetsky asked that the Commission approve the creation of the Zotec 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 l. Public Hearing for Monon Square confirmatory resolution President Hammer opened the Public Hearing at 7:29 p.m. With no members of the public wishing to speak, President Hammer closed the Public Hearing at 7:30 p.m. m. Action Item #9 Resolution 2019-28 re: confirmatory resolution for Monon Square Mr. Mestetsky asked that the Commission approve the expansion the City Center Redevelopment Area to include Monon Square. Secretary Brooks 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 n. Public Hearing for Proscenium confirmatory resolution President Hammer opened the Public Hearing at 7:32 p.m. With no members of the public wishing to speak, President Hammer closed the Public Hearing at 7:33 p.m. o. Action Item #10 Resolution 2019-29 re: confirmatory resolution for Proscenium allocation area expansion Director Mestetsky asked that the Commission approve finalize the expansion of the Proscenium allocation area. Secretary Brooks moved to approve. Mr. Campagna seconded. 5 CRC Meeting, December 18, 2019 Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Kevin Rider p. Action Item #11 Resolution 2019-30 Amendment to Magnolia project Director Mestetsky asked that the Commission approve amend Resolution 2019-05 to reflect current terms of the Magnolia 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 q. Action Item #12 Approval of planning/architecture services contract Director Mestetsky asked that the Commission approve the contract with Studio M to provide planning and architectural services. 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 r. Action Item #13 Approval of 2020 Budget Finance Manager Lee asked that the Commission approve 2020. 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 6 CRC Meeting, December 18, 2019 Secretary Brooks moved to adjourn, seconded by Vice President Bowers. The Commission adjourned the meeting at 7:49 p.m. The next regularly scheduled meeting is Wednesday, January 15, 2020, 6:30 p.m. 7