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HomeMy WebLinkAboutCRC-08-15-12 CRC Meeting, August 15, 2012 CARMEL REDEVELOPMENT COMMISSION Meeting, Wednesday, August 15, 2012 President Bill Hammer called the meeting to order at 6:50 p.m. Commission members Dave Bowers, Carolyn Anker and Jeff Worrell were present, constituting a quorum. Also present were Les Olds, Karl Haas,Michael Lee, Don Cleveland, Megan McVicker and Matt Worthley. Others present: Jim Mullet and Jim Higgins The Pledge of Allegiance was said. Approval of Minutes July 10, 2012: Moved for approval by Mr. Worrell and seconded by Ms. Anker. Passed unanimously. July 18, 2012: Moved for approval by Ms. Anker and seconded by Mr. Bowers. Unanimously approved. Financial Matters Mr. Higgins stated the July 2012 end of month operating and non-operating balance of the Commission is $255,679. Mr. Higgins stated that all of the debt payments that were due in June and July have been paid with the receipt of the June TIF settlement from the county. Mr. Higgins noted the Commission is on schedule to make the debt payments due between now and the end of the year. The December TIF settlement will be used to make the December and January payments. Mr. Higgins requested the Commission's approval of operating claims in the amount of $214,185.03. Ms. Anker moved to approve operating claims in the amount of$214,185.03, seconded by Mr. Worrell. Unanimously approved. Mr. Higgins requested the Commission approve non-operating claims in the amount of $541,999.93. Mr. Bowers moved to approve expenditures in the amount of$541,999.93, seconded by Ms. Anker. Passed unanimously. Mr. Higgins requested approval of PAC construction fund claims in the amount of $104,881.20. Ms. Anker moved approval for disbursement of PAC construction fund claims in the amount of$104,881.20, seconded by Mr. Bowers. Unanimously approved. Approval of Change Orders There were no change orders to come before the Commission this month. Committee Reports Mr. Worrell stated the Design Review Committee met on August 15, 2012 to review Parcel #7C Anderson Birkla project plans for"The Mezz on the Monon"and "The Mezz on Third," 1 CRC Meeting, August 15, 2012 which consists of a combination of office and residential space. Mr. Worrell stated the committee discussed the plans in length and approved the plans by Anderson Birkla. There was no update from the Administrative Committee. Ms. Anker stated the Finance Committee met on July 23, July 30 and August 8, 2012 to work in putting together a package in consultation with CRC financial professionals regarding refinancing and refunding. Ms. Anker stated a meeting is scheduled for August 16, 2012 with the Finance Committee of the City Council to continue to advance that agenda. Update on Properties Mr. Olds gave an update regarding cleanup of the grain elevator debris. Discussion ensued. Old Business Palladium Landscape Package Mr. Olds asked the Commission for consideration to award Palladium Landscape contracts in the amount of$891,900. Discussion ensued regarding timing, budget and process of approval. Mr. Bowers moved to refer Action Item#2 to the Finance Committee. Seconded by Ms. Anker and passed unanimously. Monon Trail Completion Repairs Mr. Olds stated this work on the Monon Trail encompasses one block from Main St. north to is' St N.W. and would complete the Monon Trail work for which the Commission has been responsible. Mr. Olds stated the Carmel Clay Parks Department has made an initial commitment to pay for part of this work and that he will continue discussions to ask they increase their commitment to cover 100% of the cost. Mr. Olds recommended the Commission approve this work subject to the funding being paid by the Carmel Clay Parks & Recreation Department. Discussion ensued. Mr. Hammer stated he felt it was appropriate to approve this item even though the Carmel Clay Parks &Recreation Department would cover the costs since the Commission is administratively responsible for the work. Mr. Worrell moved to approve Phase II work at the Monon Trail, in the amount of$88,380, payable from funds through the Carmel Clay Parks and Recreation department. Seconded by Ms. Anker and unanimously approved. New Business None at this time. Other Business None at this time. 2 CRC Meeting, August 15, 2012 Announcements Mr. Hammer stated that Artomobilia will be held in the Arts &Design District on Saturday, August 25, 2012 and encouraged people to attend. Mr. Hammer thanked the Finance Committee for their hard work regarding the refunding package. Adjournment Mr. Bowers moved the meeting be adjourned subject to the execution of documents and seconded by Ms. Anker. The meeting was adjourned at 7:13 p.m. The next regularly scheduled meeting is Wednesday, September 19 at 6:30 p.m. An executive session was held directly prior to and reconvened directly after the public meeting in which pending litigation and the purchase or lease of real property were discussed. The Commission hereby certifies that no subject matter was discussed in the executive session other than the subject matter specified in the public notice. 3