Anderson Redevelopment Commission

MINUTES ANDERSON REDEVELOPMENT COMMISSION October 28, 2014 to the Redevelopment Plan for the PUBLIC MEETING Consolidated Southwest/East- 4:00 p.m. Central/South/Downtown Redevelopment Conference Room #1 Area 120 East 8th Street Mr. Winkler explained there are two specific pieces Anderson, IN 46016 in the resolution. The first deals with the Wigwam and changing the language in the plan. The change MEMBERS PRESENT was requested by Mr. Gary Hobbs as he prepares to Justin Puckett, President make his application on Friday for the housing tax Kevin Sulc, Secretary credits. He requested specific language that Ben Orcutt, Member describes the number of units to be constructed Joe Royer, Member and other items. The State when they review the Roger Clark, Non-Voting Member application will score it differently than if it were just listed generically in the Redevelopment Plan. MEMBERS ABSENT Mrs. Bauer stated statutory requirements Carolyn Scott, Vice President necessitate taking this route to amend the language. STAFF PRESENT Ann Marie Bauer, Attorney Mr. Sulc asked if there was an issue amending the Greg Winkler, Director project within the larger resolution. Michael Frischkorn, Deputy Director April Phillips, Financial Specialist Mrs. Bauer answered no. OTHERS PRESENT Mr. Winkler stated the second part of the resolution Kevin S. Smith, Mayor is for a project for a potential spec building on the Ken de la Bastide, Herald-Bulletin Racer Trust property. There is a conversation Andrea Cash between a developer and Racer Trust to purchase Mark Turner the ground. There are a couple of companies interested in having an operation underway by the ROLL CALL AND DECLARATION OF end of next summer. We will be able to entice the QUORUM developer to get the building constructed. He Mr. Puckett called the meeting to order at 4:00 believes there will be a high probability that the p.m. and declared a quorum with four (4) members building will be occupied and a long term lease present. signed before the design process is even complete. At this point, he is offering this as a resolution that INVOICES would entice a developer to place a spec building Mr. Royer moved to approve the invoices as on the Racer Trust property. He is looking at presented. Mr. Sulc seconded. Motion passed Brownfield sites where we know that the market unanimously; 4 yes, 0 no. cannot compete and that developers will not come in unless the City takes some type of action. BUSINESS Mr. Sulc asked if this would go to the Plan Resolution #ARC20-14 Declaratory Commission and City Council. Resolution of the Anderson Redevelopment Commission Approving Various Amendments Mrs. Bauer answered it would be going to the Plan MISCELLANEOUS Commission tonight and then to the City Council at the next regular meeting and then back before the Community Development Corporation Commission for a confirmatory resolution at their Mr. Winkler explained the Community Development next meeting. Corporation that was discussed to assist in the Blight Elimination Program has been formed. Mr. Sulc asked if the timing will affect the Wigwam Hopefully, they will be able to assume the burden part of this. of being a program partner instead of the Commission. Mrs. Bauer explained it would not affect it. She Meeting Date would forward a copy of the signed resolution to Mrs. Phillips reminded the Commission the next Mr. Hobbs. meeting would be Thursday, November 6, 2014, due to Election Day. Mr. de la Bastide asked if the spec building was on the north part of the Racer Trust property and how ADJOURNMENT many acres? Mr. Sulc moved to adjourn. Meeting adjourned at 4:10 p.m. Mr. Winkler stated it was just the northern portion. It contained 26.8 acres. Mr. de la Bastide asked the size of the building. Mr. Winkler stated the building as envisioned would be 100,000 sq. ft. expandable to 300,000 sq. ft. There have been 52 companies that the City could not even negotiate or have a conversation with due to not having a building available. Mr. de la Bastide asked if the developer would pay for the construction of the building. Mr. Winkler answered that was correct. Mr. de la Bastide asked who was buying the property from Racer Trust. Mr. Winkler stated the developer. Mr. de la Bastide asked what the Commission’s role would be. Mr. Winkler explained their role would be to incentivize the developer by the willingness to cover the interest for the first three years on the note if the building does not lease. The other incentive is to work with CSX and the Indiana Economic Development Corporation in order to bring the rail spur back so it is an active rail served site. Mr. Sulc moved to approve Resolution #ARC20-14. Mr. Orcutt seconded. Motion passed unanimously; 4 yes, 0 no. Anderson Redevelopment Commission: October 28, 2014 Page 2