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HomeMy WebLinkAbout06 June 15 MinutesCRC Meeting, June 15, 2023 1 CARMEL REDEVELOPMENT COMMISSION MEETING Thursday, June 15, 2023 ATTENDANCE: President Bill Hammer Present Vice President Dave Bowers Present Secretary Bill Brooks Present Member Lea Lockhart Sasena Present Member Jeff Worrell Present Member Greg Brown Present Executive Director Henry Mestetsky Present Deputy Director Jenell Fairman Present Finance Manager Michael Lee Present Project Manager Larysa Glaspie Present Office Manager Laura Hunt Present Legal Counsel City Legal Adam Collins Sergey Grechukhin Present Present President Hammer called the meeting to order at 6:31 p.m. The Pledge of Allegiance was recited. Approval of Minutes May 24, 2023 minutes were presented. Vice President Bowers moved to approve the minutes. Commissioner Sasena seconded. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Jeff Worrell X Lea Sasena X Financial Matters Mr. Lee stated the Commission’s end of the month balance for March totaled $6,189,179, including the restricted funds, the balance totaled $11,013,141. Approval of Claims Mr. Lee requested the Commission to approve the non-operating invoices in the amount of $16,017,574.72. Mr. Lee requested the Commission to approve the 2021 TIF bond invoices in the amount of $339,298,69. Mr. Lee requested the Commission to approve the 2021 LIT G.O. bond invoices in the amount of $15,536.96. 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 CRC Meeting, June 15, 2023 2 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. Old Business None. New Business a. Public Hearing for 1933 confirmatory resolution Opened – 6:41pm No public comment Closed – 6:42pm b. Action Item #1 – Resolution 2023-21 re: 1933 Confirmatory Resolution Synopsis: This is the final step in creating the 1933 allocation area. . Mr. Lee asked that the Commission approve the resolution to create the 1933 TIF 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 c. Action Item #2 – Resolution 2023-22 re: ERS Old Meridian and Main TIF Pledge Synopsis: This will pledge the TIF generated from the ERS Old Meridian and Main allocation area towards the bonds that will support the ICON project. Mr. Lee asked that the Commission approve the resolution to pledge the TIF generated from the ERS Old Meridian and Main allocation area towards the bonds that support the ICON project. Secretary Brooks moved to approve, seconded by Commissioner Worrell. Vote: Yes No Abstain/Recuse Bill Hammer X Dave Bowers X Bill Brooks X Jeff Worrell X Lea Sasena X Other Business None Adjournment The Commission adjourned the meeting at 6:47 P.M. The next scheduled meeting is set for Wednesday, July 19, 2023, 6:30 p.m.