Anderson Redevelopment Commission

MINUTES ANDERSON REDEVELOPMENT COMMISSION August 4, 2015 Kyle Morey, Madison County Chamber PUBLIC HEARING Dennis Ashley, Madison County Chamber 4:30 p.m. Chad Pigg, Corporation for Economic Development ED Conference Room #1 John & Gracie Suko, Citizens 120 East 8th Street Corey Sharp, Purdue University Anderson, IN 46016 Pete Bitar, XADS Rob Sparks, Corporation for Economic Development PUBLIC MEETING Jason Fenwick, City Controller Immediately Following Public Hearing Darla Couch, Anderson TV ED Conference Room #1 120 East 8th Street ROLL CALL AND DECLARATION OF Anderson, IN 46016 QUORUM Mrs. Scott called the meeting to order at 4:30 p.m. and declared a quorum with three (3) members MEMBERS PRESENT present. Carolyn Scott, President Joe Royer, Secretary OPEN PUBLIC HEARING Ben Orcutt, Member The public hearing was opened at 4:30 p.m. Justin Puckett, Member (arrived 4:32 p.m.) Mrs. Bauer explained the public hearing is for the resolution to amend the redevelopment plan to add MEMBERS ABSENT the NTN project. Kevin Sulc, Vice President Roger Clark, Non-Voting Member CLOSE PUBLIC HEARING Hearing no questions, the public hearing was closed STAFF PRESENT to 4:31 p.m. Ann Marie Bauer, Attorney Greg Winkler, Director MINUTES April Phillips, Financial Specialist Mr. Royer stated the minutes were sent via email. He Gary McKinney, Environmental/Brownfield Specialist moved to approve the July 7, 2015, minutes as corrected. Mr. Orcutt seconded. Motion passed OTHERS PRESENT unanimously; 3 yes, 0 no. Jim Riggs, NTN Jim Ault, Flagship Enterprise Center INVOICES Dale Van Deraa, Brewing Company Mr. Orcutt moved to approve the invoices as Eli Whitesel, Community Hospital presented. Mr. Royer seconded. Motion passed Tom Tijerina, Community Development Consultant unanimously; 3 yes, 0 no. Andy Skaggs, Perfecto Tool & Engineering Carlene Gunter, Madison County Chamber Member BUSINESS Jack and Rhonda Hulse, Hulse Land Trust Terry Thompson, Anderson Community School Resolution #ARC11-15 Resolution for the City Corporation Superintendent of Anderson Redevelopment Commission Ken de la Bastide, Herald-Bulletin Approving Amendments to the Confirmatory Mike Spyers, City Engineer Resolution and Redevelopment Plan for the Hannah Orcutt, Buckskin Bikes Consolidated Southwest/East-Central Chuck Staley, Flagship Enterprise Center South/Downtown Redevelopment Plan Mr. Puckett arrived at the meeting. negotiated. At the end of the period, the Commission Mrs. Bauer explained this is the confirmatory could accept based on the negotiated terms. resolution to the add the NTN project to the Mr. Royer acknowledged the receipt of the offer and it redevelopment plan, also approve execution of the is on hold for the required 30 day waiting period. project agreement with NTN, and approve in form the purchase agreement in form for the real estate Mr. de la Bastide asked the average of the appraised involving this transaction. The purchase agreement is value. not in final form. Mr. Winkler answered $31,000. Mr. Royer asked if the resolution contained what has been previously discussed and distributed Resolution #ARC12-15 Resolution of the City of electronically. Anderson Redevelopment Commission Amending Resolution #ARC07-15 Mr. Winkler answered yes, that is correct. Mrs. Bauer explained the resolution amends #ARC07- 15 which was the pledge resolution in regard to the Mr. Royer moved to approve Resolution #ARC11-15. Purdue or P3 project. This simplifies the transaction Mr. Orcutt seconded. Motion passed unanimously; 4 and also makes a correction to one of the yes, 0 no. attachments. The attachment had a list of bonds this bond would be in parity with. One of the bonds was Opening Bids for the Purchase of stricken because it will not have sold by that time. Approximately 80 Acres of Real Estate Located The other document contemplated a public offering so Near 73rd Street and Layton Road there were several documents that will not be Mr. Spyers explained only one bid was received. He required because this is intended to be a private gave the bid to Mrs. Bauer. placement. Amending the resolution does not change the ability to make a public placement, it expands it to Mrs. Bauer read the offer from NTN offering to allow a private placement. purchase the 80 acres of real estate for $1,600,001. One dollar is being allocated to the eastern 40 acres Mr. Orcutt moved to approve Resolution #ARC12-15. and $1,600,000 for the western 40 acres. If NTN’s Mr. Puckett seconded. Motion passed unanimously; 4 offer is accepted they would build a 325,000 sq. ft. yes, 0 no. manufacturing facility, at an approximate cost of $28,266,000 and install equipment and machinery at Amendment to the American StructurePoint an approximate cost of $54,756,000. Construction Contract (Purdue Site) would commence as soon as practicable with the Mrs. Bauer explained the amendment is to include an facility planning to begin construction in late 2016. Alta Survey. The Alta survey is to be a part of the real NTN anticipates the facility employing no fewer than estate transaction package. This was not included in 311 workers by the end of 2018. the previous contract. The approximately cost is $2500. Mr. de la Bastide asked if construction would start after the infrastructure was installed or immediately. Mr. Puckett moved to approve the amendment to the American StructurePoint contract. Mr. Royer Mr. Riggs answered immediately. seconded. Motion passed unanimously; 4 yes, 0 no. Mr. Winkler stated the infrastructure and construction would happen on parallel paths. UPDATES Mrs. Bauer explained the Commission needed to 60th Street acknowledge receipt of the offer, but put it on hold Mr. Spyers stated the paving is substantially complete for 30 days. The offer does not meet the minimum and should be wrapped up within the next two weeks. amount required which is no less than the average of two independent appraisals. The Commission cannot EPA: GM Properties accept offers prior to the expiration of the 30 day Mr. McKinney explained SM&H is still reviewing the waiting period during which time issues can be files in preparation for the RFP for the Plant 7 site. In Anderson Redevelopment Commission: August 4, 2015 Page 2 regards to the Plant 3 site, the geophysical work that Mr. Puckett asked when Sirmax anticipated opening. had been completed on the site found some anomalies in the ground. More investigation work was Mr. Winkler answered October 2015. conducted. The report indicated that there was nothing unusual found. There were no USTs, no MISCELLANEOUS drums, etc. All the anomalies were building materials, old sewer lines, etc. Sesquicentennial Fireworks Edgewood Plaza Redevelopment Mr. Spyers stated the Sesquicentennial Committee has Mr. Winkler stated that a couple of City Council requested permission to shoot fireworks off the top members have expressed an interest to be involved, floor of the parking garage. He wanted the therefore, the special meeting scheduled for August Commission to be informed. 11, 2015, will need to be rescheduled. Tom Tijerina will still be conducting the community meeting on that Mr. Orcutt asked if there were still impounded vehicles same date to get public input. on that floor that needed to be removed. 67th Street/Enterprise Drive Mr. Spyers believed the police chief had been Mr. Spyers explained the road construction should be contacted about this. The Fire Department has also completed by the end of September. The project is been notified to do a survey of the area and other scheduled to be completed the first of November. roof tops. The fireworks company has modified the display. Fountain at 14th & Main Streets Mr. Spyers stated the project is scheduled to be Mrs. Scott asked if there were any other safety issues. completed by August 14, 2015. Mr. Spyers did not believe so. The fireworks will be Purdue/Flagship Makers Space Facility August 28, 2015. Mrs. Bauer explained that all the documents are still in process; however, her personal opinion is that they NTN are nearing completion of the bond documents for a Mr. de la Bastide asked if NTN was for sure coming to potential private placement, the financing documents, Anderson as long as the City Council approved the tax and the purchase agreement with Flagship Enterprise abatement. Center. Mr. Riggs answered that they were waiting on the Mr. Winkler noted that it is anticipated that the bond outcome of the vote. closing would be August 17, 2015. ADJOURNMENT Scatterfield West Redevelopment Mr. Royer moved to adjourn. Meeting adjourned at Mr. Winkler stated American StructurePoint is still 4:52 p.m. working on the roadway design. Sirmax Railroad Spur Mr. Spyers explained bids were taken through the Board of Public Works on July 14, 2015. Two bids were received. The low bid did not meet the specifications so it was thrown out. The second bid was accepted which was from All Track out of Pendleton, Indiana for $1,429,343. The materials have been ordered, but it will take 10-12 weeks for ties and switches. Mr. Winkler mentioned that the bid was approximately $229,000 more than the estimate. Anderson Redevelopment Commission: August 4, 2015 Page 3