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HomeMy WebLinkAboutMay 20, 2020 CRC MinutesCRC Meeting, May 20, 2020 1 CARMEL REDEVELOPMENT COMMISSION Meeting Wednesday, May 20, 2020 ATTENDANCE: President Bill Hammer Present (Videoconference) Vice President Dave Bowers Present (Videoconference) Secretary Bill Brooks Present (Videoconference) Member Adam Campagna Present (Videoconference) Member Jeff Worrell Not Present Member Katie Browning Present (Videoconference) Executive Director Henry Mestetsky Present (Videoconference) Deputy Director Jenell Fairman Present (Videoconference) Finance Manager Michael Lee Present (Videoconference) Project Manager Larysa Glaspie Present (Videoconference) Office Manager Rachel Finn Present Legal Counsel Ryan Wilmering Present (Videoconference) President Hammer called the meeting to order at 6:32 p.m. The Pledge of Allegiance was recited. Approval of Minutes The April 15, 2020 minutes were presented. Commissioner Campagna moved to approve the minutes. Vice President Bowers seconded. President Hammer asked Mrs. Finn for a roll call vote. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Jeff Worrell Financial Matters Mr. Lee stated the Commission’s end of the month April balance totaled $1,981,766 and, including the restricted funds, the balance totaled $7,872,973. Approval of Claims Mr. Lee requested the Commission to approve the non-operating invoices in the amount of $79,394,74. Mr. Lee requested the Commission to approve the 2016 COIT Bond claims in the amount of $75,520.00. Mr. Lee requested the Commission to approve the 2017C-1 Bond claims in the amount of $438,415.56. Vice President Bowers moved to approve the claims, seconded by Secretary Brooks. President Hammer asked Mrs. Finn for a roll call vote. CRC Meeting, May 20, 2020 2 Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Jeff Worrell Executive Director Reports with Update on Properties Executive Director Mestetsky reported that construction is progressing on the Hotel Carmichael and all-around Carmel. Mr. Mestetsky discussed the presentation he provided to Council weeks prior. The projects introduced consisted of Lot One, Mélange, Brookshire Village Shoppes, and The Corner. Mr. Mestetsky gave the Commission a synopsis of the three Finance Committee hearings, held by City Council, over three evenings. Committee Reports Finance Committee – none. Architectural Review Committee – none. Old Business None. New Business a. Action Item #1 – Resolution 2020-09 re: Intent of TIF Increment Mr. Lee asked that the Commission approve the annual approval that is required by state statute where the Commission must state their intent to retain and use all TIF they are receiving for the next year. Secretary Brooks moved to approve. Commissioner Campagna seconded. President Hammer asked Mrs. Finn for a roll call vote. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Jeff Worrell b. Action Item #2 – Revised Midtown Taxpayer Agreements Mr. Lee asked that the Commission approve the revised Midtown Taxpayer Agreements to aggregate both the 2019 and 2020 TIF payments and PIATT payments as one obligation. Commissioner Campagna moved to approve. Vice President Bowers seconded. President Hammer asked Mrs. Finn for a roll call vote. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Jeff Worrell CRC Meeting, May 20, 2020 3 c. Action Item #3 – Declaratory Resolution 2020-10 RE: The Corner allocation area Mr. Lee asked that the Commission approve the first step in creating The Corner allocation area. Secretary Brooks moved to approve. Vice President Bowers seconded. President Hammer asked Mrs. Finn for a roll call vote. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Jeff Worrell d. Action Item #4 – TIF Pledge Resolution 2020-11 RE: The Corner Bonds Mr. Lee asked that the Commission approve pledge TIF towards The Corner Bonds generated from the project. Vice President Bowers moved to approve. Commissioner Campagna seconded. President Hammer asked Mrs. Finn for a roll call vote. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Jeff Worrell e. Action Item #5 – Amendment to Programming, Facility Management, Operations, and Maintenance Executive Director Mestetsky asked that the Commission approve amendment, on behalf of City Legal, clarifies liabilities and responsibilities between The Center and the CRC regarding both the interior and exterior of the Palladium. Secretary Brooks moved to approve. Commissioner Campagna seconded. President Hammer asked Mrs. Finn for a roll call vote. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Jeff Worrell f. Action Item #6 – Approval of utility easements Deputy Director Fairman asked that the Commission approve non-exclusive distribution easements for Duke Energy on three separate CRC parcels. Vice President Bowers moved to approve. Secretary Brooks seconded. President Hammer asked Mrs. Finn for a roll call vote. CRC Meeting, May 20, 2020 4 Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X g. Action Item #7 – Approval of contribution to TIF study Executive Director Mestetsky asked that the Commission approve a contribution to a TIF study to be conducted by Community Data Platforms. Commissioner Campagna moved to approve. Secretary Brooks seconded. President Hammer asked Mrs. Finn for a roll call vote. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Adam Campagna X Other Business None. Adjournment The Commission adjourned the meeting at 7:05 p.m. The next regularly scheduled meeting is Wednesday, June 17, 2020, 6:30 p.m.