Anderson Redevelopment Commission

MINUTES ANDERSON REDEVELOPMENT COMMISSION March 9, 2021 PUBLIC MEETING Commission would provide net bond proceeds of 5:00 p.m. $770,000 with the issuance of bonds being $810,000. Via Zoom Conferencing Mr. Austin stated last month’s meeting included discussion regarding its historic nature and the MEMBERS PRESENT renovation of the building from 40 units of which 32 Richard Symmes, President are currently studio to 28 units; 21 one-bedroom units Danny McGhee, Vice President and 7 studio. Discussion followed. Mr. Austin stated Kenneth Davenport, Secretary the PDA follows past projects and puts limitations on Perry Washington David Eicks the sale of the property, requiring the consent of the Diane Airhart, nonvoting member Commission. STAFF PRESENT Mr. McGhee asked if the project comes back to the Greg Winkler, ED Director Commission for final approval after the City Council Karen Soetenga, Specialist gives consideration. Mr. Winkler stated it does not Mike Austin, Commission Attorney require an addition to the plan so it will not be necessary to bring back to the Commission. Mr. OHTERS PRESENT McGhee asked when the Housing Authority would Mayor Thomas J. Broderick obtain possession of the property. Ms. Townsend, Doug Whitham, City Controller Director of Anderson Authority, stated they are hoping Darren Grile, Anderson Light and Power to close on the property Friday. Ken DeLabastide, Herald Bulletin Kim Townsend, Anderson Housing Authority Ramon Morrison, Councilor Crumes asked for clarification on the Councilor Crumes Commission’s control of the sale of the property. Mr. Austin stated there would be a restriction against sale OPEN PUBLIC MEETING of the real estate without the ARC’s consent; the ARC needs to maintain some control as to who owns and ROLL CALL AND DECLARATION OF QUORUM operates the property. Mr. Austin stated it is intended Mr. Symmes, at 5:12 pm., established a quorum with to protect the City’s investment and the neighborhood. five (5) members present. Counselor Crumes asked if it would be the ARC who gave the approval. Mr. Austin stated yes. MINUTES Mr. Davenport moved to approve the February 9, 2021 Resolution ARC02-21 A resolution adopting a minutes. Mr. McGhee seconded. Motion passed Project Agreement with Anderson Housing unanimously; 5 yes, 0 no. Authority. Mr. Eicks made a motion to approve Resolution FINANCIALS / INVOICES Commission members reviewed financials and ARC02-21 and Mr. McGhee seconded. Motion invoices. passed unanimously; 5 yes, 0 no. Mr. McGhee moved to approve the invoices as Ms. Townsend asked if there was a certain amount of submitted. Mr. Davenport seconded. Motion passed years designated for the consent to sale. Mr. Austin unanimously; 5 yes, 0 no. stated it would be at the discretion of the Commission. Discussion followed. BUSINESS Lincolnshire Project Agreement Mr. Winkler informed members Nestle is moving Mr. Austin introduced a Project Agreement between towards adding rail track to the spur owned by the the City of Anderson and Anderson Housing Authority. Commission. The Commission will need to approve The project includes $2,663,000 in total investment the infrastructure and Nestle would be obligated to including purchase of real estate, rehabilitation of dedicate it back to the Commission upon completion. property and related costs. Mr. Austin stated the Mr. Winkler stated the other possibility is to allow Nestle to purchase the spur. This item will come before the Commission in the near future. Meeting was adjourned at 5:27pm. Page 2