Anderson Redevelopment Commission

MINUTES ANDERSON REDEVELOPMENT COMMISSION June 25, 2014 as donated by the Anderson Community School PUBLIC HEARING board to the Anderson Redevelopment Commission 4:30 p.m. and from the Anderson Redevelopment Commission Conference Room #1 to the Wigwam Sports and Entertainment LLC. 120 East 8th Street Anderson, IN 46016 Mr. Sulc asked for an assessment on their financial status. MEMBERS PRESENT Justin Puckett, Vice President Mr. Thimlar answered that they have met the Carolyn Scott, Secretary / Treasurer requirement of their Private Placement Kevin Sulc, Member Memorandum, which is the document the investors have signed and must be adhered to. With this being met, they are ready to move forward as far MEMBERS ABSENT as taking the funds out of escrow and into an Mike Farmer, President operating account. They are doing their due Joe Royer, Member diligence such as obtaining insurance and Roger Clark, Non-Voting Member inspections. They are ready to accept the property. STAFF PRESENT Greg Winkler, Director Mr. de la Bastide asked how important the $1 Ann Marie Bauer, Attorney 50,000 commitment and guaranteed use of the April Phillips, Financial Specialist facility five times a year by the Anderson Levi Rinker, Downtown Specialist Community School Corporation was to the project. OTHERS PRESENT Mr. Thimlar answered it was very important to the Mark Rowe, Wigwam Sports & Entertainment LLC. school and to the investors. This moved from Terry Thimlar, Wigwam Sports & Entertainment dialogue to written commitment. It had a huge LLC. moral impact. Tom Moore, Vectren Frank Burrows, City Hall Maintenance Mr. Bannon stated the school system, the City, and Superintendent the Wigwam Sports and Entertainment, LLC. have Terry Thompson, Anderson Community Schools worked very hard to make this a reality. He Larry Rittenhouse, Anderson Community Schools commended everybody for working together. From Tom Bannon, Anderson/Madison County Visitors the Visitors Bureau standpoint, the community has and Convention Bureau some very good attractions and this is yet another Shanna Henry, Project Brewify facility to promote and bring visitors in. He is Ken de la Bastide, Herald Bulletin excited about the proposed camps. Camps result in hotel stays which also result in eating at restaurants ROLL CALL AND DECLARATION OF and purchasing items such as gasoline. Economic QUORUM development will be spurred by this project. The Mr. Puckett opened the public hearing at 4:32 p.m. Wigwam is a community identifier and needs to be and declared a quorum with three (3) members kept if possible. This is a win win win. This present. reminds him of the early 1990s when the Paramount Theater was being renovated. It is hard BUSINESS to image this community icon not being here. The Mr. Winkler explained the issue before the restoration of the Paramount brought back Commission is the passing of the Wigwam property excitement and pride in the community and he sees the Wigwam this happing with the Wigwam. This could be a Mrs. Bauer explained that by Indiana Code the catalyst to a lot of great things. He commended Commission is authorized to accept donations, everybody for working hard and keeping a purchase, and acquire property in a variety of professional dialogue throughout the whole manners. The Anderson School Corporation has process. authorized the transfer of certain property and this Mr. Winkler stated one of the discussions over the is exactly the same property. They have also last few weeks was how to make the best use of passed two resolutions associated with that the classroom, vocational, and theater space. There transfer. The Commission has determined that they has been dialogue about having a Winterfest event will accept title to the Wigwam facility not later in the Wigwam. They are looking at plugging in the than July 8 which is also the deadline set by the arts and artists to make use of the entire space, not Anderson School Corporation upon agreement by just the gym. the Wigwam Sports and Entertainment, LLC. to accept immediate transfer of title to the Wigwam Ms. Henry stated the Wigwam was the first building Sports and Entertainment, LLC. The Commission to come to mind for a Winterfest. The reaction from has been assured, and she looked at Mr. Thimlar the community to the Brewfest was overwhelming and he concurred, that the Wigwam Sports and with gratitude and wanting to do more similar Entertainment, LLC. will accept the property exactly events. The Wigwam fits the mold of a Midwest as donated by the Anderson Community School event to showcase 30-40 brewers from Indiana, Corporation. Ohio, Illinois, Missouri, etc. The artists’ incubator is a great idea. The arts community is trying to Mr. Puckett mentioned that the Commission collaborate and form an alliance and the Wigwam received the resolutions electronically and they could help to house something of this type. It have all reviewed them. means a lot to her to that they are trying to save the Wigwam. Mr. Sulc moved to approve Resolution #ARC07-14. Mrs. Scott seconded. Motion passed unanimously; 3 Mr. Rinker explained that he met with the Indiana yes, 0 no. Black Expo today and they are interested in holding their basketball tournament in the Wigwam. Resolution ARC08-14 Transfer of Ownership of Wigwam to Wigwam Sports and Mrs. Scott stated that at the last meeting she was Entertainment, LLC. concerned about the inclusion of the citizens of Mrs. Bauer explained this is the other side of the Anderson in this process. She is very thrilled with transaction. The resolution authorizes the transfer what she has learned since that time. Anderson will of the real estate to the Wigwam Sports and be well served by this project. Entertainment, LLC. Within the Indiana statute, there is provision allowing transfer of property at no Mayor Smith appreciated the work of everybody less than appraised value when property is not in a involved in the project. redevelopment area and not needed for a redevelopment project. This property is not in a The public hearing was closed at 4:46. redevelopment area. The appraisals came in at less than zero based on the net appraised value ROLL CALL AND DECLARATION OF considering the demolition of the building which is a QUORUM viable alternative. With all conditions being met, Mr. Puckett called the meeting to order at 4:46 the Wigwam Sports and Entertainment, LLC. agrees p.m. and declared a quorum with three (3) to accept the identified property exactly as donated members present. to the Commission so this a complete transfer. This transfer is contingent upon the first. The transfer BUSINESS of title will be completed no later than July 8. Both resolutions are tied together. Currently the closings Resolution ARC07-14 Acceptance of the on the transactions are set to occur within one hour Ownership from the Anderson Community of each other so this will be a sequential closing School Corporation for Property Known as transaction. Anderson Redevelopment Commission: June 25, 2014 Page 2 Mrs. Scott moved to approve Resolution ARC08-14. Mr. Sulc seconded. Motion passed unanimously; 3 yes, 0 no. MISCELLANEOUS ADJOURNMENT Mr. Sulc moved to adjourn. Mrs. Scott seconded. Meeting adjourned at 5:06 p.m. Anderson Redevelopment Commission: June 25, 2014 Page 3