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HomeMy WebLinkAboutDecember 15, 2022 CRC MinutesCRC Meeting, December 15, 2022 1 CARMEL REDEVELOPMENT COMMISSION MEETING Thursday, December 15, 2022 ATTENDANCE: President Bill Hammer Present Vice President Dave Bowers Present Secretary Bill Brooks Present Member Lea Lockhart Sasena Present Member Jeff Worrell Present Member Michael Kerschner Present Executive Director Henry Mestetsky Present Deputy Director Jenell Fairman Present Finance Manager Michael Lee Present Project Manager Larysa Glaspie Present Office Manager Tara Greaves Present Legal Counsel City Legal Ryan Wilmering Allison Lynch-Mcgrath Present Present President Hammer called the meeting to order at 3:40 p.m. The Pledge of Allegiance was recited. Bid Opening Mike Lee stated no bids were received for the property located at 111 South Rangeline. Appointment of 4CDC Member Director Mestetsky recommended that Ron Carter be reappointed to the 4CDC. Secretary Brooks moved to approve. Vice President Bowers seconded. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Jeff Worrell X Lea Sasena X Approval of Minutes November 16, 2022 minutes were presented. Commissioner Worrell moved to approve the minutes. Secretary Brooks seconded. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Jeff Worrell X Lea Sasena X Annual Report of Taxing Districts Tim Foster from Baker Tilly presented the Annual report. Financial Matters Mr. Lee stated the Commission’s end of the month balance for November totaled $6,774,567, including the restricted funds, the balance totaled $15,617,119. CRC Meeting, December 15, 2022 2 Approval of Claims Mr. Lee requested the Commission to approve the non-operating invoices in the amount of $15,652,127.21 Mr. Lee requested the Commission to approve the 2021 Local Income Tax General Obligation bond invoices in the amount of $127,759.18. Mr. Lee requested the Commission to approve the 2021 TIF bond invoices in the amount of $387.00. Secretary Brooks moved to approve the claims, seconded by Vice President Bowers. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Jeff Worrell X Lea Sasena X Executive Director Report Executive Director Mestetsky presented project updates to the Commission Committee Reports Architectural Review Committee – Did not meet last month Old Business None. New Business a. Action Item #1 – Resolution 2022-33: Defeasance of 2013 Illinois Street Bonds Mr. Lee asked that the Commission approve the resolution to approve paying off the balance of the 2013 Illinois Street Bonds, this would save approx. 1.2 million dollars in interest. Commissioner Sasena moved to approve, seconded by Secretary Brooks. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Jeff Worrell X Lea Sasena X b. Action Item #2 – Declaratory Resolution 2022-34 re: ATT allocation area Mr. Lee gave a recap overview of this project, he asked that the Commission approve the first step in creating the ATT allocation area. President Hammer gave an overview of the remainder of the approval process. Secretary Brooks moved to approve, seconded by Vice President Bowers. CRC Meeting, December 15, 2022 3 Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Jeff Worrell X Lea Sasena X c. Action Item #3 – Declaratory Resolution 2022-35 re: Crossing allocation areas Mr. Lee gave an overview of this project, he asked that the Commission approve the first step in creating the Crossing allocation area. Commissioner Worrell moved to approve, seconded by Commissioner Sasena. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Jeff Worrell X Lea Sasena X d. Action Item #4 – Declaratory Resolution 2022-36 re: 111 Penn Redevelopment Area Mr. Lee gave an overview of the project and explained the benefit to creating the redevelopment area. He asked the commission to approve the resolution as the first step in creating the redevelopment area. Secretary Brooks moved to approve, seconded by Vice President Bowers. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Jeff Worrell X Lea Sasena X e. Action Item #5 – Approval of 2023 Budget Mr. Lee presented the 2023Redevelopment Commission budget for approval. Vice President Bowers moved to approve, seconded by Secretary Brooks Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Jeff Worrell X Lea Sasena X Other Business No other business Adjournment The Commission adjourned the meeting at 4:42 P.M. The next scheduled meeting is set for Wednesday, January 18, 2022, 6:30 p.m.