HomeMy WebLinkAboutCRC-08-18-04
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CRC Meeting. August 17. 2004
CARMEL REDEVELOPMENT COMMISSION Meeting, Wednesday, August 18,
2004
President Ed Burke called the meeting to order at 7 p.m. Commission members present
were Bob Battreall and William Hammer, constituting a quorum.
Also present were Mayor Brainard, Les Olds and Karl Haas. Sherry Mielke and Phyllis
Morrissey as support staff.
Introduction of New Commissioner
Mr. Burke introduced Mr. Hammer who is replacing Mr. Marshall on the ORC. [Mr.
Hammer was given the oath of office prior to the Executive Session at 6:30 p.m:]
Approval of Minutes
Mr. Battreallmoved for approval ofthe minutes from the meetings ofJuly 27, 2004,and
July 28, 2004. Following.a second by Mr. I-Iammer, the motion was unanimously
approved.
Financial Matters
Resolutions
Mr. Olds presented Resolution 25-2004 for the CRC "Declaring an Official Intent to
Reimburse Expenditures" for consideration with Exhibit A attached listing construction
projects. The purpose of this resolution is to cover constmction costs of $2,335,000. If the
CRC nms Iowan money, these costs can be reimbursed from proceeds of Bonds.
Issuance of the bonds, if needed, would have to be voted on by the CRC later. This
resolution is described as a "stand-by". agreement. Brief discussion followed.
.Mr. Hammer moved for approval of Resolution 25-2004. Following a.second by Mr.
Burke, the motion was unanimously approved.
Resolution 21-2004 was presented for re-signing. Il was originally signed on May 18,
2004, but the one that was signed wasnouhe final version which was approved at the
meeting. After a brief discussion, the correct version was signed.
Cash Flow Report
Ms. Mielke reported the total fund balance as of July 31, 2004, is $4,038.677. Of that,
$2,758,814 is in the operating balance and $1,279,863 remains for the 2003 series A
taxable lionds. The draw down bond is still available fo1'$2,900.000. Total resources
available: $6,938,677.00. TIF revenue for the year is projected at $1,622,180. The report
was accepted.
Approval of Invoices
Invoices were received in the amount of $299,021.53 from the operating balance and
$1-76,187.17 from the bond proceeds for professional services. Total invoices being
submitted: $475,208.70. Following a brief discussion, Mr. Battreall moved for approval
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CRC Mccling,.Augusl 17,2004
of payment of the invoices, Mr. Hammer seconded the motion and it was unanimously
approved,
Update on Parcels
Parcel #2, Pedcor
Mr. Olds reported they are startinglo frame Pedcor's third building: Mr. Cordingley has
indicated they will be putting a restaurant in that building and they want to purchase the
liquor license, Discussion followed,
Screeningof air conditioners on the roof is still needed on the existing buildings,
They have jndicated to Mr. Haas that they want to purchase the last piece of land on that
parcel. This should be completed by the end of the'year.
Parcel #2, Kosene
Mr. Kosene has asked permission to change the screen wall on their south property line,
Mr. Olds has asked for a written request from them detailinglhe changes,
Veterans' Plaza
Restroom constmction is proceeding, Fencing is protecting the underground stormwater
storage pipes,
Parcel #4
First Indiana Bank has some new management and they have decided they no longer
want to build on Parcel #4, although they would like to be a tenant with a branch bank at
that location, Mr, Haas will inform them that the agreement the CRC had with them is
now canceled and the proper~~~~~7~_~lde;,~: c~ntrol o~ the CRe: again with the right
to lease It to somebody else, I e CRewlllii;'1greett0!"pay'~h'Slmmlnm_ ,trZ~" ,(, ,the
land at Merchants Square, but theCRC still wants First Indiana t'bdo ate the Town
branch to the Commission,
Mr. Olds said Mr. Cordingley contacted him about the possibility of his company taking
the site and building a bank building there for a different bank, He also expressed an
interest in the Mohawk Plaza area, Discussion followed,
Parcel #5
Mr. Haas noted that Parcel #5 needs to be re-established as a new [separate] allocation
area once Goodyear is down because of the bonds that will be issued, Further discussion
followed,
Mayor Brainard asked Mr. Olds to. follow up with Mike Hollibaugh, DOCS, to get
Mohawk Plaza rezoned,
Updated AL T A surveys and environmentals are being ordered for all of Parcel #5,
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CRC Meeting. August 17, 2004 .
Mr. Haas said the CRC needed a resolution authorizing the deposit
senlement, if less than that, whiehcan be approved by the,President or
moved by Mr. Battreall. Following a second by Mr. Hammer, the motion was
unanimously approved.
Performing Arts Center
Mayor Brainard said he was trying to make arrangements for the CRC members to tour
three similar concert hal)s in Canada. He hopes to have a "package" ready to be given to
the Council and CRefor theirreview, After questions are answered, it would be formally
submitted. .
Willem Brans submitted a roposal for serviees to.Ml1,~QI()s.r~liniQ~,the scope of work
and the fees to be cha.~ge~ ~:'; Olq,~ $~l' " 0~~!V~9,~i~!t~i~ii~1:5leexpenditures, He
is now with a compa~N1arKs ane Ii S 'ffitt(iW'oroup:tvnYcll specializes in fund-raising.
Mayor Brainard gave details of Mr. Brans' background. Mr. Brans' propos eo fees are for
a "proposal for'a fund-raising feasibility study whose purpose is to test the potential. for
private support of the City of Cmmel's Concert Hall project." Paymentsare due in thirds,
with one-third payable upon reiainment.
Mr. Battreali moved the CRC authorize the President to sign the proposal from Mr. Brans
subject to any comments from Commission members. Following a second from Mr.
Hammer, the motion was unanimously approved.
Parcel #8. AMLl Old Town
Mr, aids said. there are still some issues \vhich need to be completed. He will keep at
them.
Parcel #9
Construction is proceeding. Shell should be completed around October I, with the inside
completed by end of year.
Parcel # 10
Shapiro's still has puneh list items to be completed. The site between his two buildings
has been cleaned up following the meeting requesting this,
All permits have been received from eounty so the sidewalk to the Monon ean be
completed, .
No word from Mr. MeComas <,1bout the vaeant site,
Parcel #11
No recent contact from Mark Boyce. His sixty days are up but it is believed he is stili
interested in the parcel.
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eRe Meeting. August 17,2004
Parcel #12
0' Malia's Bakerv
Bid packets are being prepared for demolishing of O'Malia's Bakery building. Mr. Olds
has included demolishing of the Goodyear Building in the packet. Bids will be due at the
next Commission meeting.
Mr. Olds presented proposed Rules of Procedure for Public Work Project Bids for the
CRC. He explained the rules and asked the CRC to adopt them. Brief discussion
followed. Mr. Battreall moved for adoption of the Rules as presented. Following a second
by Mr. Hammer, the motion was unanimously approved.
Pavless Liquors
Mr. Haas asked fO.~~p"= of a resolution authorizing the p. r.esident to sigh a purchase
agreemen,tI!~C~~11lD.~less. So moved by Mr. Battreall. Following.a second by Mr.
Hammer, the motion was unanimously approved.
Amoco Station
Mr. Hilas asked for approval of a resolution authorizing the President to sign a purchase
.~!;\_ a price which, when combined with the cost of clean-up, .WOUld not exceed
~0 ,J'. ,:', moved by Mr. Battreall. Mr. Hammer asked whether Amoco would be
released from its liability with regard to the property. Mr. Haas did not know but added
that he wanted to make sure the CRC was not picking up the responsibility for the clean-
up costs. The motion was amended to include "and the CRC will not be assuming
liability for the environmental clean-up above that amount". Mr. Battreall moved to
approve the amended motion. Following a second by Mr. Hammer, the motion was
unanimously approved.
Parcel #13
Negotiations have continued on the property. Mr. Haas asked fQr approval of a resolution
whereby the CRC would acqui~ndi ' roperties for a net cash payment to the
Andiches that would not exce<i!l1w.:~.2{i) I. -0 tll1gent on getting back a clean
environmental report. So moved by Mr. Battreall. Following a second by Mr. Hammer,
the motion was unanimously approved.
Parcel #20
Discussion followed about the four-story building planned for this site by Mr. Luiieand
the possibility of trading sites with another property owned by the City. Mr. Haas will
check whether the CRC can pay to move.a building. Parking and ownership of property
was discussed.
Parcel #23
Mr. Olds said a study has been done and some conceptlwl suggestions made on some
properties on Range Line Road east of City Hall and how the area can be tied back to the
Master Plan. Discussion followed.
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eRe Meeting,August 17. 2004
Mohawk Plaza
Mr. Olds presented a base line of how the area could be used.
Old Business
None
Old Town Renovation Grants
The third granl will be given to Kathy Henderson, property owner of retail property on
the southwest corner of Main Street and First A venue SW. Mayo(Brainard asked Mr.
Olds to make arrangements for a press release about the three grants.
Mr. Olds is reviewing several other applications.
New Business
None
Next Meetinewill be Tuesday, September 21,2004,6:30 Executive Session, 7 p.m.
regular meeting
Adjournment
Motion made and seconded to adjourn. APproved. Meeting adjourned at 8: 14 p.m.
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