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HomeMy WebLinkAboutCRC-04-16-03 . CRC Mecting,Wedoesdoy, April 16,2003 CARMEL.REDEVELoPMENT C0MMI~SION'M~eting Wednesday; AprilJ6, 2003 Tlie iileetirig was called t9 order Dy. President Rick'Roesch a\7:03 ,[)om. C,Ommis~iOluncrnbers present were,Luci Snyder, Ed,Burke, Johh Koven and Ron Garter con~tituting,a cju9ri1nL Alsowess,nt;wereKarl',Haas"L\,s Qlds; Steve Engelking, Kate Weese" Bob Book,' Bill.Ensign,Doreen Squire.FiCata; Pal!l'! S, Eaton, 0011 Hlld~on, Tadd Miller, Gary Weaver, Laurence LilIig"DavidJ.'Szczepanek; Loren Matthes, Robert. Olsbn,Larry€feviston, Teerien Do bbs:T9mPitm'an ,Boy.' Scouts frClITI Tro~p 112; Evan .f Alkennan, Will Fiibring, Nate;l'homas, Joe H'alm and ieader Jiln T~ofnas \~e.re'ill~o in attenclance, Phyllis Morrissey as SUPPOIt staff, :RellucstforMemorial Site W, A, Ensign, President of'the Cm'm,el Clay Veteril!ls Memoria]' Corporation" requested the eRC ~rant the sitelo~atedJusreast oLthe reflecting,pond ant;\',west ofThihl Avenl!e 'fot the.erectibn,ofa military veterans memorial. They have:natTowedthe field,to.,three designers, ' Ms: ~nyCler'askedif the CRe h~(j,any influence on ihe,design,selection, It wasdeciCled. the eR.e,would have'loilpprove'the,design, Mr. Ensign said theC(lrmel' Arts Cguncil'Ts helping with'the;design.seleciionalso, Mr,' Koven asked who will maintain:thepropertY'once.lhememorial isterectcd" natil'ig an agreement shol!ld be c!e~ided beJore:)t is.completed,. Discussion followed, Mr.,Roesth asked,Nlr. Haas i'fthesite cOlllcl,be,rescrvcd"fortheVeterans~group until'all the details otmairitelfallce arc d"cided, M,,: Cartersugge;;te,d)he'City establish some, sort of'Capital Improvements Board which wouid take responsibility for'!heSe propertiesarii:l ariswerquestions'ofthis'spri. Ms, Snyder said Common Area Maintenancecharges'couldbe Duileihtoall,plircl1ase agreeIllent~:an~'lt1at moneycciuld,got6 the board wliich,would then be responsib'le.for the'upReep, Mr. Koven ,agreed with tlie idea ofaboard, ,1'h~:~e~,!s g~neral agr9l)m~m 'tha,l' tlleVark Board'shOlildnot be asked,to assume.the'responsibilit'( ofmaintilinihg, these p,ubl it :~\IdlS': Mr" O'lds .said; with the CRC's'pernlissioh,; hc;wbuldwotk with'the VlOteran~ grqup. and givethemsite,spe,cifications for the designer,s: fcIewH\ prepare apackagcwithall the information they 'need for' the site, Di~cussiOl~foHowed abguttlie ;'Ilrni\i' oLthe properlY, Mf Kbve!} remirided the veterahs group oft,he irripoilanceof not Blocking tl1e:si'te line from Range Line'.lothe pond, It was noted the buildable area 6fthe properly is'only 30: wi,derunDingthe length of'ihe'properiy ,1Ild:the pond is i80' wide, j CRCMeeling, Wednesday, April ;6,2003 ~f",Rof~cb ~\Iggested, an appropriate motion woulc(be'tbat the:CRG wO\lJd dedicate this sitet6!lle Veterans groujJsubje;ctjo approval of design st<inaar-ds, SQ moved by,Ms. Snyder. Fallawing a second by Mi.. Koven, the'mationwastmanimous1yappfo\.ed Aoonival of MiilUtes MkSnyder moved'the minutes of MarciL 12, 2003"be.approved..FoI1owing a second by . , Mr. qrter the mati on ,was appiov'e:d with fOl,lr.in favor. Mr". Ko\:en,absiained. because he hml.not.readJhem. Report troni thbMavo'r None. due to his absence, Reoort froti:tthe Director . Mr. 13Qge1kjngrep.orted, the advertisement,. were.p]aced,for,:quates.for the' demolition df thc.builg}ngs to allo:;v. Sh~pifo'~:~/1a~e.ILT!le bids aredtl~ .1'>priI30.and wilrbebrought ta tbeMay meeting for review,.Mr. Engelking recornmendedthebid be'award$51 ')nbe eRC J~iiemeeting. ' ., . Mr:.. Engelking 'had autliorizeduse,af:theasphalcareas. 'The Po] fee Department wilLbei llsirgtbe areano,rth ,of th~olcl I~r6ger aj'eu{lnd the. Fire [)eparhnent will be using,an area to conduct vehicle'extraction tniinihg;'near the,same arcaJor \Iltee days: RepOrLtTOm;Mr, Lillig .' Mr. Lillig,reportedolhe'Pedcorsite'wenno.the Plan Commission.hearing,officer and was apptoyeg with .Lpe t6ndiii()nthg( we recei ve the"l11at'eria]s'eolor pallet: .The builoing 'permit:[s-'being reviewed' and a ,preconsttllction meeting,hasbeen scheduled. ' ~ . - . The Kosene;sitep!i\lYs went to the'technical advisory committee for preliminary review anda,review letter, was, issued by the department. Report f~om Ms. Weese ... Ms. Weese.reportedthe.Cityis;going. io. work:ouLa'soJmion to the'drainage.problemeast. of the PQlice Uep~rtmeht 1S)!j.lc\ing rather than wait'for-Shapiro.' s eontract01' to take eare.of- it. "Weekend,dumpcrs"are using the'.di\tcsf'teMs: Weese sent an emailt6 theP6lice so they can 'beionthe alerHoranyone.dlll11ping" after teglllarAlours' without permission. An etbsion,cotitro1Jcnc~ 6t.s'ome type ofcoi]trol arollIldthe area is being considered. Discussioll.fohbwed. ' . . Mr, Caner moved aflerosion,c6ntrol ferice be installed aroulldthe ii(~a, subjec!to cost approval by Mr..Raesch.:Following,a\second by Mr. K'oven, the'matiOll'WaS,approved with fotg' in favot.. Ms, Sriyder ,:,oteOno. 2 cf~G Meeting, Wedn~sday;_Arril'16;'2003 MS.'Weese suggested the contractor working. in Old Towi).be asked to giv"eus some cost~. for,other ~mal1jobs, poti~g,ihattl1e.costs'w.ould be lowerwl1ilehe is stilLin the area. (For example;haulii'g~'offsome"excess'dirt fr61ntl]~ Kosene site.) Mi'. Roesch askea.if the Peclcorcolor boards woullfneed to be reviewec[by the CRC Arcl\itecturaLReview Committee. ,Affi'nnative. Financial Report Ms.. lVl:jelke reported:the 'April 1/2003" balance was $610;670: M r. Roesch s'aid :someof" tl:\e itemsJor, payment maY)13ve. tOibe moved to. a.later month,;noting theictelays in recei ving"the TIP. fllT)ds. Disc.us~ion foll<.iw,cd, Approvili of Invoices . . Invoices'werereceivect for $'l-5,S5464. This does not;includ", the courto!derfqr Sherwin. Williains paym.ent of$24'1-,127:n. Ms.'Weesepoihied out that she\had'llot been given'iheGiliiate:invoice, Yeminding tile <> ,. . ' , Comnlis.sion that she wastp revibvtl),em prior}o,payment to see i{some;of thework should be paid forby.the City: Mr.,Olds explained~\hat thi~;iuvoic.ecovei:ed. [t ".'iILb", detemiinedafteLfunher study.which department Q'ncluding;CRC) wOlilcl be payil1g,for the.se,invoices: Mr. 01ds said this wotkis, "pui'e,CRqwork". Ms. Vv:eeseAgreed~it,istobe paid, by theCRC'since iUs.work theCRC,has,hired'Gilliate. to do. 'Ms. Snyder asked aboul'lheinvoice.s.fo[ ~ripe in01cl, TcjY'\l.,She askerl ilbo~lt thedelays. Ms. Weese/agreed there have. been some delays,. WhiCh-company has caused the delays is qncertaii\ Oi~cii~sion follow,ed 1\1r: Ha,!~. requesled;we g(',:titoialdelay cQstsfromMr. Thomas1at.AMLranclMr, Oldsat this poiht,ai\cl.put t11efi1'in tl\J'ee,categories:'Tiriie Warnet,'CripefNortl) American. and bad luck. This,shouiCl be done becauseDf. the possibility ofliligatibn. Ms.Snydei' moved'the ill voices; including theondoi $244,127:83,for ShelwincWilliams -, -" ' ,." ,- -", ";-.-.., . ",' . be paid except for the. one,to Cripe. Following a secong by Mt. K()\~eh; tl1\': mb\i.R~, was unanimoUsly approved. . . Oiscussion,about rfFlncome M~. LOren Miltihes explail1edbriefly the,reassessmenlissUl.os.and how it affects tIF - '-0 - . income. While forms. weie.beihg reviewe.d,lJy"UmbaUgli, several rrii~taKes:were diSi:overedwhich would.affecdhe al1loun't of-XIF cMlected. Ms. Matthes distributed .. ~.~ .' -. - ,", ,'.~' . copies of corrected information. Cannel how has five TIP areas. As;soon as, the tax rate is . - ~ ~.. .. .' - _..-. ~~, - ",' .. - - -. " -,.. , '~ -" .. .. knowntheJimil amounts for the Tll~'area~ can 'be calculated. Sheremihded tlie'CRG mein,bers ofthe TIP levy which will tJepul"(n'place. MfRoe~ch.saidhe did ask Ms. Matthes io proceed on this right uway because of,the. impOl'tanCe of havinga"ccill'atc figures'. H~,:not~d tpere are agr9.emenrs in jilace \\lith developers of'some o[;the 'FIFareas, wl~ere tlieTIF covers debt se'rVice pH b..,nds ~i1d.any shoi"tfall has to De fhade lfp bY'th(: developers, Weliavc agreed to the bond documents 3 CRC Meeting. Wednesday. ApriL 16.2003 that we will do everything to preserve their TIF so they are not called upon unless there are deficits. We have a legal obligation to protect this. [lVlr. Carter left the meeting a1.8:01 p.m.] Mr. Roesch thanked Ms. Matthes for her diligence in "watching our money." Reoort from Attornev Mr. Haas reported he had three items needing.approval tonight. Mr. Roesch noted these three items were discussed in the Executive Session preceding this meeting. Muldoon's The settlement agreement with Muldoon's was presented with the following revisions: I. Cool Beans may remain open for thirty days after execution of the. settlement agreement. 2. We will address.the terms about tenilination.in the event of damage. 3. CRC will have Shapiro's undertake reasonable care with respect to Muldoon's. 4. The allowa'nce will be paid when requested.by AMLI. . 5. There will be mutuality orthe confidentiality provisions to the extent permitted by law. 6. There will be a loss of penalty if CRC breaches. the confidentiality obligation. Mr. Burke mo,ved the CRC approve the revised settlement agreement. Following a second by Ms.' Snyder the motion was approved with a vote of fou'r in favor. Shapiro's Phase 11 Mr. Haas noted there are five amendments to Shapiro's project agreement: I. Possession of the Phase II site will be given on August I, 2003. 2. CRC will establish street.grades as soon as possible. 3. CRe will contribute $50,000 toward the cost of the filling, grading and paving the parking lot behind Phase 11 project. 4. Shapiro's will undertake a reasonable care duty with respect to Muldoon's. 5. There will be a 50/50 split orlhe cost of providing concrete barriers. Ms. Snyder moved the CRC approve the project agreement. Following a second by Mr. Koven, the motiOll was approved with a vote.of four in favor. Huffer/Goodvear Interim settlement agreement to the Huffer/Goodyea..-Jitigation under which Goodyear may continue operating until the later of April 1,2004, or a certain period of time, 60-90 days,. after notice is giveilthat they need to vacate. At that time, CRC would deposit a set amount of $700,000 \\'ith the COut1 and take possession. If Goodyear vacates early, then notwithstanding the other applicable deadlines, the CRC would be able to make the deposit and take possession early at its election. Ms. Snyder moved to approve t.he settlement agreement. Following a second by Mr. Koven, the motion was approved with four in favor. 4 t;:RC Meetihg,Wednesday"ApriI16,2003 Reriort:from "Architect Stormwater Detention' Mr. aids ~eported.the contractor for. thestormwater ctetentibn)lrea is p]ail11ing>cgmpletion \Jy July 15,'if?/eatlierperriJits getting the base.and gravel in,beforerain starts. "We,have allowed. him tostockplle dirt tenlpo(~irily. on the'Kose:rie. siteuntilAbe base wQrkis cotnplet~d. He wilJ be responsibleJorremoving.the excess dirt. Int's'go~d dift:we?/iIl Keep itand'haYe'jt n\oveo over.tent Cjty Center, site.'! Parcel #2,. North 'The developer isplltti'rig in his llndergroWid'work;at the present time,and is'working diligently'so.on two sides of iherefleetingpond we ha ve,a lot of work,going on, creatijig a giant dust ball, .Ms, WeeseaskedJhaithe workbestop'ped'lmtiLthe silt-fence is pUlllp around the reflecting pohd because silt could pOfdntia)lydamage tjldilter system on.thepond.,'Mr, aIds will contact them. . 'Phe developer has also sllbmi'tteiladesign fb'r [hes.ii;na'ge forthe,c.o.ri1eriareaofThird Avenue and City Centel' Drive"The only issllenoted is tllenced.for access' to the.lift 'station. for sei:vice. The design,ll<ls b~eii~enttotvlr;Duffy, Diiliii"s Director, Jar Ilis review'and approval' before the' GRCshould "consideri t. Parcel #2;,Soiith . 'Kosene, wdl.mah a presentation later'in:this meetIng. Parcel #5, Shapifo's'PhaseJl No work,being donc until Jllne,pcr Chris:McComas Parcel #'5, Retaii, Site NOt\1ing.?~,i[ig i:lq'nebecallse oHhe ninety.,clay"hold" requested by the developer Iwho presented theprojJosalf Reflecting Pand OnManClayCSO wascailed out to tlie.site,All,of.the fC;lUntaiosvv,.ere working fully;.the pl~~mes were 'the i'lght height, tbeTight:size.Theequipmentmanllfacturerwasthere'and verifiedthe:equipment hac! beeri'in,shllled carr~Clly. We were,prepared'aUJult point iolet 'the fountainsnincantinuously. However, because ofPedcOl','s construction llpagairist.the pooi!'ill1d;th"e'\Indergmlllid st91TlJW31er aetentio.n, the, drain line:that comes off:the undergrollnd structure.has' ta'be cuCandreworKed to tie into Pedeor's Underground line. Sa w.e .sh'Ut t!leJQlln!ainsback,dawn,untiI.Pedcor.makes ihat,cannection. Ms. Weese: So the pond;'is:going,.(a'olltletinto a.stonn.sewcr that \vi II then otitletirito. the unctergroy.i1o detentioli? 5 . CRC Meeting. Wednesday. April 16. 2003 Mr. Olson: The line that they cut is strictly for back flushing the filters. It is not to drain the pond. In response to another questionJrom Ms. Weese, Mr. Olson said it would not involve a lot of sedi men!. Mr. Olds: I can'l turn the pumps back on until we have designated someone to assume the responsibility to check on a daily basis the intake, the screens, and verify that. everything is okay.,Espccially with the amount of debris that is involved right now that's a very importantthing.I don't want to start it up and have something get.caught and burn up the motors. Ms. Weese asked who would be doing that. Mr. Engelking replied that he had been directed to take it on as part offacilities maintenance. "We may be investigating the possibility of contracting it out, but initially it's going to be us because there's no one else. InitiallyWsgoing 10 be the people that maintain this building, the FireDepartment, the. Police Department, maintaining the grounds with no additional people at this point. We didn't anticipate until recently that there w'ould be a daily requirement. So' we're going to be taking this on." . Mr. Koven: How did we miss that? Mr. Engelking: I don't know that anybody really knew the enormity' of [inaudible]. When you say "a daily requirement", going over there 'and making sure the screens are clear, making sure there IS no floating debris in the pond, doesn't sound enormous, but it is tinie consuming'when you've got oiher things yoti"re doing. So we're going to initially be taking it 011. It's mine to control at this point: Mr. Olds: We have prepared a schedule of what needs to be done on a daily basis, and what needs to be done on a weekly basis. Someone goes in the morning, walks the site, looks around, makes sure there's nothing large floating in the water. Gets boots on and checks the intake points and makes sure there's' nothing clogging them and then going down into thepumphouse and makes sure there's nothing in the screens. Someone has to walkthe site and cleanup the debris. The silt fence should be placed along the edge of the landscape strip [dosest to Ihe construction site]. Ms. Weese: The one thing I'm won'ied,about i's now Ihere's a responsibility for us to do Ihings daily and should we do them andslill.have a problem, will we be blamed for something,that is a defect of the.system that they can't prove... . . Mr. Olds: The contractor wants a certificate of subslantial completion. If we sIan running the pumps, we're going to have to issue that certificate. The certificate says [inaudible]. He.stillhas to complete all the items on the punch list. AIl.it does is start the one year warranty period. The contractoris.saying (and rightfully so) that once we turn those. pumps on and run them that his responsibility is over. He wasn't responsible for maintenance or service on it. We made sure it was working then we shut it off to make 6 CRC Meeting. Wednesday. April 16. 2003 the pipe change. Jim Thomas is calling every day, wanting the fountains on. We'd like to get them on, but until someone takes ownership on behalf of the City,or CRC, saying they will be checking it on a regular basis... If we let it get clogged up, and the motors start to bum out, then we're stuck because we did not provide... Ms. Weese: What does this warranty require of us? Is there a daily log or maintenance requirement that shows... ? Mr. aids: There is a maintenance manual and I've been working with the fountain supplier and equipment people and trying to get that outlined so the person responsible for'maintaiiling it has a clear understanding what he has to do. They have an obligation to make sure that we have all the information,all the directions, everything lined up because if we don't do something... Mr. Koven: Whose fountains are they? They're not Jim Thomas's, are they? Does our project agreement call for those fountains to be on at any specific time? Mr. Engelking: lthought there was something in the project agreement with AMLI that required the fountains to be in place and operating last summer. Mr. Koven: Ask them if they want to take over ownership of them and we'II... Mr. aids: ] did ask Mr. Thomas that question, would they be interested in providing the service and maintenance on the reflecting pond and cleaning up the area and doing-it with their maintenance people. He said, "No, I don't want the responsibility." Mr. aids continued: I said, "If the Commission could indemnify you against claims from citizens, injured or something; would you reconsider?" Mr. Thomas said he would reconsider if he could be indemnified from civil action by citizens. But that would be another source and they would have a vested interest to make it look nice. Mr. Roesch: We need a subcommittee to look at all of these issues or another type of board or something here. Mr. aIds: When we finish thestormwater detention area there will be grass which will need to be cut and maintained. Ms. Weese: Everything that is put in has a cost to it. We've already got a streetlight globe broken. Who pays for that? After further discussion, a subcommittee was set up, consisting of Ms. Weese, Mr. Burke, Mr. aids, and Mr. Engelking. Mr. Haas asked them to also check with him about which items the responsibility could be passed on for because of purchase agreements. Mr. Kov,en: I still think there needs to be some sort of official action on our part where we pass these off so we're not still talking about this six months from now. 7 , CRC Meeting, Wednesday, April 16,2003 Mr. Roesch: We agreed in our planning session that on future projects that has to be part of the agreement on the front end. Mr. Koven: We haven't done that withthe veterans' memorial. Mr. Roesch: We will include it as part'ofthe agreement when it's drawn up. Mr. Koven: We need to have a "standard form". We just fill in the blanks with each project and have it signed off on, that they agree to accept and we agree to be relieved of any responsibility. Mr. Engelking: Ihave some funds to help with maintenance on the reflecting pond. But at the time we were building our budgets last year, there'wasinadequate information available to give us any idea how to plan the maintenance. Mr. Koven: I have no issue with that. With my Council hat on, I'll say, "Come to us and tell us how much you need." Mr. Engelking: That's what we decided last year. When we got into the maintenance we would.dctermine how muclnvas needed and come to you for a special appropriation. Ms. Weese: I'm not saying that CRC should pay for the 0 & M. I'm saying that they should be a party to the planning mechanisms. Ms. Snyder: Is there any money coming in for common area maintenance fees from any of these projects we've approved yet? Mr. Haas: I don't believe we've collected any yet. That doesn't mean that there aren't some that can't be.assessed. We'need to check that. Mr. Burke will help. . Parcel #4, First Indiana Bank Mr. Olds sent them concepts for the site but has not heard back. Third A venue/Citv Center Drive Median Cuts Mr. Olds has asked Crews and Sturtz to give as estimate for these cuts. If all are done at the same time there should be some cost savings. Lauth Mr. Koven asked if Mr. Olds had had any other conversation with Lauth Property Group. Mr. Olds said he had talked to Joe Downs two weeks ago. Mr. Downs wanted to review what was happening. Mr. OldS'thinks they are "sitting back" now until more is known about the proposal from Mr. Skjodt. Ms. Snyder asked if Lauth had done anything since they first brought their proposal 10 the CRe. Mr. Olds replied that they had gotten their drawings done, the costs together, rents 8 , CRC Meeting. Wednesday. April 16.2003 decided.and their pro forma. Mr. aids has encouraged them to come back to the CRC with this information to discuss the cost of the land. Ms. Snyder noted she and Mr. Carter were concerned about the lack ofcntrances on Range Line Road to the retail stores. She asked Mr. aids if this had been changed. Mr. Roesch suggested to Mr. Downs that he call Mr. Skjodt to at least talk about the two proposals. Mr. Koven is still wondering if Lauth is sincere about their proposal. Reports from eRC Members: Mr. Roesch: We had talked in our strategic planning session about public relations and promoting. There is a meeting [sponsored by die Carmel Clay Chamber of Commerce] tomorrow morning at 7:3Q,at Shapiro's. The public has been invited, especially the Range Line Road and Main Streetmerchanls. ' Ms. Snyder said she and Mo Merhoff [from the Chamber] have talked about presenting a joint-award from the CRC and Chamber of Commerce for the "best new building" and "best remodeled building", CRC.members will receive information on this and the awards will be presented at the December Chamber meeting. Since this meeting is a Chamber function it does not have to be noticed as a CRC meeting. Members are merely present to give out information, Old Business Kosene representatives, Tadd Miller and Gary Weaver showed plans and drawings for the project which will be located on Parcel #2, South, There are thirty-five.townhouses in the plan, some with elevators. There'isa four foot retaining wall across the front [the reflecting pond sidc]. If all gocs as planncd they will start pulling building permits June 15 with construction starting between July 15 and August 15. The CRC architectural review committee will review the color sample boards. Signs will be ready for approval by the end of this week. The sooner the signs are approved and installed, the greater the probability of pre-solds. The first thing being built is a twenty-fouf.lmit apartment building and eight townhomes. Mr. Weaver also presented an alternate plan "in case the market doesn't support the units bcing built in Phase I of this parcel." The alternate will appear the same in scale/mass from.the front: Mr, Haas said he was, in part, opposed to the alternate plan. "With regard to them having . alternatives with the middle building where they're buying the land, that seems . 9 , CRCMeeling, Wednesday;'April] 6,'2003 satisfactory to me. But,they don't have to. take down' PhascTL We'vNoJi:!them,thal if they want to take,down Phase I1in Rieces.sn1a!1erl?arts.ib.~n i:'ha(they'veinc!.iC:'!-ted, bere; then that's fine" He said be.did"not see any reason why/we sbould agree up front. to have anything othenllan,another three.'stars, twenty.four unitbuilcling on the'Rond. Mr. Weaver responded: From ourpositian, and I understand where Karl:scomiI1g from, as. long as wekeep.the thr~y' stpriesin height..aJ1dthe saine \viath ofllle bllildingwit,h'the. same exterior firiisl]es1andi'Csjilst a.decreaselh the number ofunrts, and there'S aTittJe la\ger:parklng;area'in the rem'" we,thi'nk we still,meet.the intent ofwhat.you're,asking.us t()peate. Ancrifthosy',24 lli:'i,t.,or larg~([ha.s,s Q.tiiJdings are ncit.selling:Idon't the GRG or anybody "lseinthe'City of Carmel wanL~ to see anotherbuilding,lgo,up. Ml. Haas':I~~gtee with th,a,t..but the'differencel,s'yqu'rehol being forced to buiJdanything anwhat i's shown'here as Phase I1L.That's .your option. Mr. Weave,'; Butpart bftheimentis to build"the whole thing ourhecallSe"oF the cost we have to absorbtogeuhe.utiJities ancUnfmmucture on Phase T and II. Wecan recapture those if we do"Phase')II. . Eurther di s cuss j on foil 0 wed. .Mr.Weaver:'Ead\ one'of the. units hasat.a:miliimum of<aj~o,car'garage,undeI11eath.. The,iw6.buildi'1gs shown f6fPha~e llI,could.be cpnne,cted. GeneraL~greemeni for approval of ih~'rilternrite'pla]i ifthe;twobiiildingsare moved together'anpiqhe architectural reVi!,}\"tommitlee agrees. :New B'usiness TIP/bona isslle for Ctarian Hosfiiral !VIr. Roesch recommended Tom Pitman, as counsel and Loren,Matthes, as' financial - - .- - - . ildVisarbe contfacted'to'warK ontliis TIFbond'issue, . - - - . .. '. .-.-. . .~.... -. ^- ML ,Ritman said,~theproposaJ was,for Clarian anct':tl)e C,Re: to en1e.r into an etan.omie billi,d agreement. l]ndef'the agreeTl1entGlbrialLwould.agreetb c6nstruct:ahospitaJ and medicM.offices on property located on the, northwest. c.omer of Ll6th and.,MSridian. The CRe w'ould'agl'ee to expand the I 26th SfreetEton()lnitDevelapmehrarea,to'includethe properti where theprbp~std 'hospital a~d.rnedi;al' ortlce,i;uildingwould be located. Arter ihe.expanSion.the CRCwouJdisslle,TIF: bonds tQ. finance;.\he construttio.n,of,vaiio,!s p,ublltiilfrastrllcture irf1pr.o,vement~ \hat w'Quld be located in tliepl'aximityofthe proposed facihties. Clarian"soblfgatiOlnvould be contingemon'their aC.quisition of the property. Tl]eCRC's o.bhgiltioTltq expand tl[e.existin,g ec'on6init developIllenta,iea and to issue TIFbonqs would be conditional on either the:annexation orlhe property, into,the City'orthe cedi]lgofjurisdiction by the county of tliis;are~for'TJI1Pi!rp6ses. The. Claria.ri prqpertj"s'W6uld be the oi1ly prop'erties currently expected withinthe,expanded TIE area therefore tlie TIF would be'proposed to be'used to:servicebands. The,TlF',!o'beused 10 ~ CRC Meeting. Wednesday. ApriU6. 2003 would be generated from Clarian's incremental property taxes resulting from this new development. All that's in this draft agreement. At the last meeting, technically you authorized Mr. Haas to proceed to review this, but [ thought it might be helpful to give you a status update. We have a somewhat complete draft ready to be reviewed. [ hope to be ready to submit the final form for approvaIat the May meeting because Clarian has a time schedule it needs to meet to dovetail with its project. In response to a question, Mr. Pitman said everything or most of it is expected to be taxable. It's not non-profit. Mr. Haas will review the engagement agreements. He asked CRC to give Mr. Roesch authority to approve and sign them. In response to a question, Mr. Pitman said his fees would be $25,000-$35,000. The fees are paid by' the bond proceeds. Mr. Burke moved for approval to hire Mr. Pitnian and Ms. Matthes subject to the engagement letters and reimbursement agreements. Following a second by Ms.. Snyder, the motion was unanimously approved. Mr. Roesch told Mr. Szczepanek [from Clarian] that the CRC was pleased the Clarian project was coming to Carmel. Financial Question Mr. Koven expressed a concern about the financial "picture", noting anything we can put off should be put off. Discussion followed. NexfMeeting The next meeting will be Wednesday, May 14,2003, with an executive session at 6:30. p.m. and the regular meeting at 7:00 p.m. Adiournment There being no'other business before the Commission, Mr. Koven moved the meeting be adjourned. Following a second by Ms. Snyder, the motion was unanimously approved. The meeting. was adjourned at 9: 19 p.m. Z:redcvcomm\2003 April 16 Minutes.doc 11