HomeMy WebLinkAboutCRC-06-18-08CRC Meeting, June 18, 2008
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CARMEL REDEVELOPMENT COMMISSION Meeting, Wednesday,
June 18, 2008
President Ron Carter called the meeting to order at 6:47 p.m. Commission members Jeff
Worrell, Bill Hammer and Rick Sharp were present, constituting a quorum. Also present
were Karl Haas, Mayor Brainard, Les Olds, Sherry Mielke, Andrea Stumpf, Matt
Worthley and Darrell Norris.
Others present:
Ryan Manard, Greg Moore, Bruce Stauffer, John Suter, Michael F. Petrie, Greg Jacoby,
Jim Thomas, Rex Barrett, Hassan Chaudtley, Denny Barrett, Melanie Hayes, Cynthia
Gardner, Kevin Rider, Rick Osborne, Bob Olson, Brandon Bogan, Ersal Ozdmeir, Mike
Anderson, Dan Moriarity and Jeff Watkins
Bid Opening
Bruce Stauffer and Greg Moore with Keystone Construction opened bids received for the
north gateway. [See bid tabulation sheet]
Presentations
Barrett & Stokely
Rex Barrett (Barrett & Stokely), Greg Jacoby (BDMB Architects), and Mike Petrie (P/R
Mortgage Investment Corp.) were present to give the presentation of the Barrett &
Stokely project. Mr. Barrett gave an overview of the Barrett & Stokely company history
and outlined the reasons why Barrett & Stokely wanted to bid on the project. Mr. Jacoby
described the scope and plans for the Barrett & Stokely proposed project. The project
focuses on creating a sense of place and community and has three main elements: safe
and convenient parking; gathering nodes; quality architecture. The Barrett & Stokely
project consists of an above-ground parking garage with 300 public parking spaces, a mix
of retail and residential units and designated public gathering nodes. Mr. Petrie discussed
the methodology of how the project will be financed and completed.
A question and answer session followed the presentation.
Keystone Construction
Ryan Menard (Keystone Construction) presented the proposed project overview from
Keystone Construction. The proposed project is planned to be a green/sustainable project
and built to receive a LEED certification. The two-story underground parking garage
will have 400 public parking spaces. An additional 60 surface parking spaces will be
included in the project. The project contains a central urban courtyard including a
fountain, public restrooms and bike lockers for the Monon Greenway. The exterior
streetscapes will have large public open areas to accommodate outdoor dining. The
ground floor will house 40,000 square feet of retail/restaurant space, with a focus on
attracting restaurants. The top floor will house 150 luxury residences. A proposed roof-
top garden is included in the project.
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A question and answer session followed the presentation. Ersal Ozdmeir (Keystone
Construction) was present to answer any questions on the proposed project.
Mr. Carter called for a 10 minute recess.
Meeting temporarily adjourned at 8:33 p.m.
Meeting reconvened at 8:42 p.m.
Mr. Sharp moved the Commission enter into negotiations towards concluding a project
agreement by the next meeting of the Carmel Redevelopment Commission, July 16,
2008, with Keystone Group LLC pending receipt of an additional non-refundable deposit
in the amount of $12,000 to be received in the next 24 hours. Seconded by Mr. Worrell
and unanimously approved.
Mr. Sharp moved to reorder the agenda. Seconded by Mr. Hammer.
Update on Properties
Mr. Olds requested the approval of two ad alternates highly recommended by the design
team for the Performing Arts Center due to the need to maintain the construction
schedule outlined by the Construction Manager.
Mayor Brainard explained the source of funding for the two ad alternates. The 501C3
Performing Art Center Corporation has raised additional funds for the performance hall
and theatre. The two ad alternates will be paid by the monetary commitments raised by
the PAC Corporation.
The Skylight and Oculus will be a critical design element allowing natural light into the
building and was recommended by the design team over other design alternates proposed
for the concert hall. The Clay Tile Roofing is very durable and will last longer than any
other proposed roofing system.
Mr. Sharp moved to approve the Skylight and Oculus ad alternate for PAC Bid Package
#3, in the amount of $353,495. Seconded by Mr. Hammer and unanimously approved.
Mr. Hammer moved to approve the clay tile roof ad alternate for PAC Bid Package #3, in
the amount of $419,400. Seconded by Mr. Sharp and unanimously approved.
Mr. Olds reported the CRC Attorney, Mr. Haas, as well as the Construction Manager
have worked diligently with the bonding company to choose a new contractor for the
work formerly contracted to the Frank Irish Company. The bonding company has
selected General Piping to carry out the project work.
Mr. Worrell questioned the status of the Parcel 13 & 16 parking signs. Ms. Mielke
reported a resolution was due to be passed at a recent City Council meeting. She will
confirm with the legal department and notify the Commissioners of the current status.
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Mr. Worrell questioned the delay in sidewalk work for Parcel 85. Mr. Olds reported the
delay was due to negotiations with the new owners of the property. The project is
currently underway with no additional costs.
Approval of Minutes
April 30 – May 2, 2008: The minutes were tabled until the next meeting.
May 21, 2008: Mr. Hammer moved for approval, seconded by Mr. Worrell and
unanimously approved.
Financial Matters
Ms. Mielke announced the May end of month balance for the CRC General Fund is
$2,695,457.00. The TIF distribution is still forecasted for the month of September.
Ms. Mielke requested the Commission’s approval to pay invoices for:
CRC General Fund in the amount of $478,258.03.
o Mr. Hammer moved for approval, seconded by Mr. Worrell and
unanimously approved.
Brookshire Golf Course claims in the amount of $115,011.43.
o Mr. Hammer moved for approval. Seconded by Mr. Worrell and
unanimously approved.
Disbursement of funds for the PAC construction fund in the amount of
$2,678,786.74.
o Mr. Hammer moved for approval. Seconded by Mr. Worrell and
unanimously approved.
Ms. Mielke asked if any Commissioners had questions regarding the proposal from
OMNI Center for Public Media regarding a live streaming video from three locations
showing the City Center and Performing Arts Center development. Mr. Winston Long,
Vice President of OMNI Center for Public Media, was present to give an overview and
answer questions from the Commission regarding the streaming video proposal.
The streaming video would have links on the City of Carmel’s website with real time
coverage from three wireless cameras monitoring the construction and development of
the City Center and Performing Arts Center projects. The live video feed would allow
Carmel citizens as well as individuals out of state or country to watch the development of
the project. The video files will also be archived for historical and future presentation
purposes. Discussion ensued.
Mr. Hammer moved to table the consideration of the proposal until the next session and
asked the following two questions be considered:
Is there any opportunity to lease the equipment?
If Ms. Mielke could contact Hirons & Co. to see if there are any sponsorship
opportunities available to help defray a portion of the cost.
Seconded by Mr. Worrell and unanimously approved.
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Committee Reports
Mr. Olds stated there were no committee reports at this time.
Old Town Arts & Design District
Ms. Mielke announced three upcoming events in the Arts & Design District. The Simply
Sweet Shop and Second Story Playhouse will be opening early next month.
Mr. Olds reported that many merchants are interested in the Old Town Renovation
Grants. He has requested the merchants formerly fill out the application for the
Commission’s review to receive grant funds for their façade improvements.
Old Business
Ms. Mielke reported that due to the requirements under the House Enrolled Act, the CRC
is required to notify the Hamilton County auditor before July 15 of excess assessed value
that may be allocated to overlapping taxing units. Umbaugh has prepared, on behalf of
the CRC, a letter notifying the auditor that there is no excess assessed value in Carmel
that may be allocated. All tax increment allocated at this time is needed to make
payments on bonds or leases currently held by the CRC. Ms. Mielke requested approval
of the letter prepared by Umbaugh on behalf of the CRC.
Mr. Hammer moved for approval of the described letter. Seconded by Mr. Worrell and
unanimously approved.
New Business
No new business at this time.
Other Business
There is no other business to come before the Commission at this time.
Announcements
Mr. Worrell announced that Spark Buttons are on sale at most merchants in the Arts &
Design District. They are for sale at the Farmers Market as well.
Adjournment
Mr. Hammer moved the meeting be adjourned and seconded by Mr. Worrell. The
meeting was adjourned at 9:44 p.m.