HomeMy WebLinkAboutCRC-01-16-07
CARMEL REDEVELOPMENT COMMISSION Meeting, Tuesday, January 16,
2007
President Ron Carter called the meeting to order at 7:31 p.m. Commission members
Carolyn Anker, Jeff Worrell, Rick Sharp and William Hammer were present constituting
a quorum. Also present were Mayor Brainard, Karl Haas, Les aIds, Sherry Mielke,
Darrell Norris, Dan Moriarity, Emily Dickos, Andrea Stumpf, Bruce Smith, Jeff
Meyerrose, Rick Osborn and Carol Schleif (Carmel Plan Commission). PhyJlis Morrissey
as support staff.
Prior to tonight's executive session, Jeff Worrell and William Hammer were given the.
oath of office for 2007. The other three members were sworn in prior to the January 5,
2007, meeting.
Mr. Sharp moved the agenda be amended to include election of officers immediately after
the Call to Order. Seconded by Mr. Hammer and unanimously approved.
Election of Officers
Ron Carter was elected as president, Bill Hammer was elected as vice-president and Rick
Sharp was elected as secretary.
Approval of Minutes
December 19,2006: Mr. Worrell moved for approval. Seconded by Ms. Anker.and
unanimously approved.
December 22, 2006: Mr. Hammer moved for approval. Ms. Anker noted a Scribner's
error (amended should read amendment). Seconded by Mr. Sharp and unanimously
approved.
January 5, 2007: Mr. Sharp moved for approved. Seconded by Ms. Anker and
unanimously approved.
Reports from Architects and Engineers
Mr. Moriarity had nothing additional to report.
Update on Properties
Mr. aIds reported Veterans' Way should be opening soon. Some curbs need to be redone
when the weather permits.
Financial Matters
Approval of 2007 Budget
Ms. Mielke reported the end of year 2006 general fund balance was $2,432,766. In the
2007 forecast anticipated land sales are.$6;161,050 and an anticipated TIF distribution of
$7,832,000. These items along with the Brookshire Golf Club revenue and other
miscellaneous revenue equal a forecasted operating total of $21 ,089,944. Expenditures in
2007 are estimated at $15,347,864. December 2006 TIF of $2,484,940 and COlT of
$251,370 was received. Ms. Mielke pointed out that we received about $230,000 worth
of savings because of the refunding of the COlT bond.
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CRC Meeting. January 16. 2007
Mr. Sharp moved for approval of the 2007 budget with expenditures of $15,347,864.
Following a second by Mr. Worrell, the motion was unanimously approved.
Cash Flow Report
There were no questions regarding the report.
Invoices
Ms. Mielke presented invoices in the amount of $1,340,983.46 for payment from the
CRC general fund. Mr. Sharp moved'for approval. Seconded by Mr. Hammer and
unanimously approved.
PAC Disbursement
Mr. Hammer moved for approval of PAC distribution in the amount of$700,490.95 to be
paid from the PAC construction fund. Seconded by Ms. Anker and unanimously
approved.
Other
Ms. Mielke announced the hiring of an intern, Jordan Spellmyer, who will be working in
the office from mid May till the first of August.
Old Business
None
New Business
None
Next Meetinl!
February 20, 2007
Adiournment
Mr. Sharp moved the meeting be adjourned, Seconded by Mr. Hammer, unanimously
approved. The meeting adjourned at 7:50 p.m.
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