HomeMy WebLinkAboutCRC-05-03-12 CRC Meeting, May 3, 2012
CARMEL REDEVELOPMENT COMMISSION Meeting, Thursday,
May 3, 2012
President Bill Hammer called the meeting to order at 9:14 a.m. Commission members Dave
Bowers and Brad Meyer were present, constituting a quorum. Also present were Les Olds,
Karl Haas, Michael Lee, Don Cleveland, Megan McVicker and Matt Worthley.
Others present:
Jenny Shoup, Jim Higgins and Jim Mullet
The Pledge of Allegiance was said.
Old Business
Acceptance of Low -Bid Contract for Parcel #77 Stairs and Limestone
Mr. Olds gave background on the project. This bid was opened at the April 18 regular
meeting. Mr. Olds requested the Commission consider approving a budget amount of
$428,505, subject to available funds and the Finance Committee identifying the source of
funds in the budget.
Discussion ensued.
Mr. Bowers moved the item be tabled to have a Finance Committee meeting prior to the next
regular meeting to identify the sources. Seconded by Mr. Meyer and passed unanimously.
Approval of Project Agreements for Kent Building on Parcel #2 Nash Building on Parcel #5
Mr. Haas gave background on the project proposals. Mr. Haas stated the proposed project
agreements for approval do contemplate that the increment produced by the projects will be
leveraged; however, they do not commit that increment to being leveraged. Mr. Haas stated
the proposed resolution would, in effect, treat this as a first step of identifying it as a project
of interest to the Commission and that it is of interest to the Commission to proceed with
consideration of leveraging the increment without being committed to leverage that
increment and with the full understanding that any commitment to leverage the increment
would be subject to approval by the City Council.
Brief discussion ensued. Mr. Bowers reiterated that approval would only identify this as a
project the Commission wants to move forward with but would not commit the Commission
to anything financially.
Mr. Meyer moved to approve the motion on the table as stated on the action item handout,
seconded by Mr. Bowers. Unanimously approved.
Mr. Hammer stated it was important to point out that this is the first step in a process and
outlined the follow -up steps that would need to be taken.
New Business
None at this time.
1
CRC Meeting, May 3, 2012
Announcements
Mr. Hammer requested an update on the issue raised regarding the tax appeal on the part of
Pedcor Development. Mr. Olds responded that it was a result of an assessment correction.
Adjournment
Mr. Bowers moved the meeting be adjourned subject to the execution of documents and
seconded by Mr. Meyer. The meeting was adjourned at 9:27 a.m.
The next regularly scheduled meeting is Wednesday, May 16 at 6:30 p.m.
2