Anderson Redevelopment Commission

MINUTES ANDERSON REDEVELOPMENT COMMISSION February 3, 2015 BUSINESS PUBLIC MEETING 4:30 p.m. Resolution #ARC02-15 Resolution of the City ED Conference Room #1 of Anderson Redevelopment Commission 120 East 8th Street Approving Amendments to the Declatory Anderson, IN 46016 Resolution and Redevelopment Plan for the Consolidated Southwest/East-Central MEMBERS PRESENT South/Downtown Redevelopment Area Carolyn Scott, President Ms. Bauer stated the resolution was sent to the Kevin Sulc, Vice President Commission via email. The resolution adds a Joe Royer, Secretary project to the redevelopment plan. This is the first Ben Orcutt, Member (arrived at 4:31 p.m.) step as it must go to the Plan Commission, City Council, and then back to the Commission for a MEMBERS ABSENT public hearing and final confirmatory resolution. Justin Puckett, Member The resolution also authorizes the execution of the Roger Clark, Non-Voting Member Sirmax project development agreement and authorizes the execution and approval of the Tri- Party agreement which is the financing. The STAFF PRESENT agreement is to transfer monies to the Economic Ann Marie Bauer, Attorney Development Commission (EDC). The EDC, by Greg Winkler, Director statute, can use the monies to incentivize a private Michael Frischkorn, Deputy Director developer. The Tri-Party agreement must also be April Phillips, Financial Specialist approved by the City Council. The resolution also Gary McKinney, Environmental/Brownfield Specialist processes the bond issue at the same time. The monies transferred to the EDC will be returned to OTHERS PRESENT the Commission by the sale of the bond. Kevin S. Smith, Mayor Mike Spyers, City Engineer Mr. Sulc asked if the major difference from what Alicia Cummings, Public Information Officer was done in the past was condensing this into one Jason Fenwick, City Controller action versus multiple actions. Ken de la Bastide, Herald-Bulletin Mrs. Bauer answered yes, it has been done ROLL CALL AND DECLARATION OF sequentially in the past by first adding the project QUORUM to the plan, then the bond resolution, and then Mrs. Scott called the meeting to order at 4:30 p.m. loaning the proceeds directly to the EDC. The and declared a quorum with four (4) members impact will be same. All the steps are authorized by present. statute. MINUTES Mr. Sulc asked if the Tri-Party agreement was the The minutes were submitted for review via email. normal language used. Mr. Sulc moved to approve the January 2, 2015, Mrs. Bauer stated the Commission has not minutes as received. Mr. Royer seconded. Motion necessarily seen it before because the condensed passed unanimously; 3 yes, 0 no. process has not been used previously. The funds cannot be transferred to the EDC until the Mr. Orcutt arrived at the meeting. Commission has EDC and City Council approval. Once all three entities give their approval, then the TIF funds can be transferred to the EDC to be used EPA: GM Properties for the Sirmax project. Mr. McKinney stated the staff is still working Mr. Winkler stated the Commission would be a through the RFP process to make sure all the bases party to the Project Development Agreement. The are covered. staff has tried to mitigate the risk on the investment and the jobs. The Hy-Pro project model EDA Project was used on this agreement. Mr. Spyers said he is waiting on the final billing from Renascent. Mr. Sulc asked if the next step would the EDC or the City Council. Greater Edgewood Plaza Redevelopment Mr. McKinney explained that all of the projects from Mrs. Bauer answered that in order to add the last year have been completed. The next project is project to the Plan it must be approved by the Plan the Gateway project. Commission and the City Council. The financing must be approved by the EDC and the City Council. Mr. Spyers stated the Gateway project would be bid The Plan Commission and EDC meetings are on July 8, 2015. scheduled for February 17, 2015. After those approvals, it goes to the City Council at a special Hy-Tech Machining meeting on February 19, 2015. After City Council’s Mrs. Bauer mentioned that the IRS has requested approval, the confirmatory resolution will come this be moved to Federal court. back to this Commission at their next meeting. The funds can be transferred to the EDC after approval 67th Street/Enterprise Drive by the City Council. This item was discussed under Tree Removal. Mr. Sulc moved to approve Resolution ARC02-15. Parking Garage Mr. Royer seconded. Motion passed unanimously; 4 Mr. Spyers stated Phase II will begin in late April or yes, 0 no. the first part of May and be completed this year. Contract: Tree Removal for 67th Street 59th-60th Street Round-a-Bout Project Mr. Spyers stated the project should start up again Mr. Spyers stated the Board of Public Works (BOW) late April or the first part of May signed a contract for tree removal on 67th Street between Boland Ditch and Ridgeview Road. This is Fountain at 14th & Main Streets part of the federal road project. The project will be Mr. Spyers explained the contractor is waiting until bid on March 4, 2015, with construction this year. March or April to get started. The tree removal contract is with Gerry’s Construction in the amount of $34,977. Jackson Street Beautification Project Mr. Spyers stated this project is still under UPDATES construction. Some of the lights should be operable within the next few weeks. The contractor hopes 60th Street to have everything completed in March. Mr. Spyers stated the Phase II portion of the project for paving has been let. The low bidder INVOICES was E&B Paving in the amount of $790,285. This Mrs. Phillips explained that the members received puts the Ivy Tech project approximately $150,000 an updated claim list as IWM and Taft were over the estimate. removed from the original submission. Flagship Enterprise Center was added in order to pay the Mr. Sulc asked if going over the estimate caused Certified Tech Park funds which were approved by the Commission to take further action. resolution in January 2015. Mrs. Bauer answered no. All projects are estimated costs. Anderson Redevelopment Commission: February 3, 2015 Page 2 Mr. Sulc moved to approve the invoices as presented. Mr. Royer seconded. Motion passed unanimously; 4 yes, 0 no. MISCELLANEOUS ADJOURNMENT Mr. Sulc moved to adjourn. Meeting adjourned at 4:47 p.m. Anderson Redevelopment Commission: February 3, 2015 Page 3