CRC-07-18-06 SPECIAL
CARl\1EL R~PEVEL9PMENT qOMIVIISSION Special Meeting,
July 18,'2006 (5:00 p~m.)
PresidentRon.Carter called the meeting to order at c'j"08'p.m. Commission members
presen(were Rick Shatp,)effWorrell ano Carolyn Anker; Also present,were Les'Olds,
BruceDonaldson"MikeShaver, Loren Matthes, Lucy Emison, rl1ilip Genetos"Brad
'Cha~bers, Sara Nasuti ,and David Leazenby. I'hyl1i<Morrissey asslipport,staff.
Declaratorv' Resolutionestablishine Gramercv Economic 'Develovment Area and
aunrovine GramercV Economic Development-Plan,
Bruce Donaldson presentedih6 d~c1arilt9ry resqlutiClI1' To set. upjltaxincfe'm~nt
finllri~ing allo~~t.ion atea,.the first step is'to declaieaneconomicdeve!opmeht'plan and
approvean:economicdevelopmenf plan. After approvarqythe Plan Commi~sion.and,the
City Coul1ci]'itcomes back t9 the CRe foni fib;il p~lblicheatingand a,confiimamry
resolution.
l\iIr. Donaldson pointed out that-the EDA is larger than the initial TIF,allocationarea with
iheexpectation tlult 'that area,mightbe expanded as the, project continues. T~is TiP.
allocation area, encompasses the pr~sentgolf courSe,
Loren Matthes distributed a chart outlining thepoteniialTIF n,Wenl,!es.
Brad Chambers statedlhatiheproject is a gradmil development, over, a ten year period.
It wasnotedtharehase lI;is"the Fi:,untains'are,a; which.they.arerinthe process of
purchasing;
Discussion followed. Aparki~g garage.is plannedneafthe south end..
The bonds wi1lsolely be coveretj,by the TIF funds with Buckirigham as the backup.
Mr. SharpmovedJoFapproval.ofResolution 14~20Q6:as presenied. Fbllo\\,ing;asecond
by Mr. Worrell, the motion was unanimol)sly approved,
Adjournment
Mi. Sharp"moved th.e fui;etingb'e adjourned, Following a:second by Mr. Wbrrell, the
motion \Vas'approvedand.the.meeti~gacijoumed at15:28 p.m. '
,Redevcoinin\2006\Jtily l& 5 pmmil1utes;doc