HomeMy WebLinkAboutCRC-11-20-00" 0 City of Carmel
NOTICE
CARMEL REDEVELOPMENT COMMISSION
Monday, November 20, 2000; 6:45 p.m.
Department of Community Services Conference Room
Third Floor/City HalUOne Civic Square
Notice is hereby given that the Carmel Redevelopment Commission will meet Monday,
November 20, 6:45 p.m., in the Department of Community Services_Conference Room,
Third Floor, Carmel City Hall, One Civic Square.
AGENDA
Call to Order
2. Resolution to appoint representatives to the Carmel Common Construction Wage
Committee.
Adj oumment
Z:Medev\2000 Nov 20 Notice
ONECIVICSQUARE CARMEL, INDIANA 46032 317/571.2400
CARMELREDEVELOPMENT COMMISSION Meeting, Monday, November 20, 2000
President Rick Roesch called the meeting to order at 6:45 p.m. CRC members present
were Luci Snyder, John Koven constituting a quorum. Also present were Mayor
Brainard, Karl Haas, and Joe Staehler. Phyllis Morrissey, support staff.
Resolution 17-2000
Mr. Haas distributed copies of Resolution 17-2000. Following a brief discussion, Mr.
Koven made a motion the CRC approve Resolution 17-2000, appointing Richard W.
Sexson, Jr, and Edmund M. Burke, to serve on the Carmel Common Construction Wage
Committee. Following a second by Ms. Snyder, the motion was approved with three
affirmative votes.
Mr. Roesch reported the AIMILI transaction closed this afternoon. Mr. Haas said the wire
would be sent tomorrow morning.
Mr. Roesch said before the December meeting he wanted to get with Joe and Sherry
Mielke to get some more projections listed so the cash flows can be put in perspective.
"And then we can discuss the order in which we need to do things."
Mr. Roesch continued: Karl is working with.Mr. Huffer from Goodyear trying to work
out a lower amount, perhaps deferred until we actually want to do it. Hopefully we can
start in the future tying up some property without actually laying out the cash. I think that
will help us. Even though it could cost us more in the long nun I think it benefits us from
a cash flow standpoint and would keep us from ever having to borrow.
Mr. Koven: I think it's important that at our next meeting we should actually see a
statement with encumbered funds out there for those commitments which we have
already made so that money is set aside and we don't end up spending that and having to
going off
u waitfor something else to happen to get back and finish it. I don't want to start
on some other project and then we have to settle with Nick Kestner and we're $200,000
short because we did something else in between.
rT
~ Mr. Koven continued: That was in my resolution that we passed [earlier] so that we
ti would do that and issue purchase orders in those cases. For instance with the Poindexter
contract we take that and add 10% over and set that money aside.
N
\q Mr. Roesch agreed.
Brief discussion followed about the Old Town project.
Adiournment
Mr. Koven moved the meeting be adjourned. Following a second by Ms. Snyder the
motion was unanimously approved and the meeting was adjourned at 6:52 p.m.
z:\mdevcomm\Nov 20 Minutcs.doc