Anderson Redevelopment Commission

MINUTES ANDERSON REDEVELOPMENT COMMISSION May 11, 2021 PUBLIC MEETING 5:00 p.m. Mr. Washington moved to approve Resolution ARC04- Via Zoom Conferencing 21. Mr. Eicks seconded. Motion passed unanimously; 5 yes, 0 no. MEMBERS PRESENT Richard Symmes, President Mr. Washington inquired about the Nestle Spur Danny McGhee, Vice President agreement circulated by email. Mr. Austin stated he Kenneth Davenport, Secretary had presented a draft agreement to the ARC at last David Eicks month’s meeting that was approved at that time. Mr. Perry Washington Austin stated the agreement had been prepared in concept and has been sent to Nestle for their input. STAFF PRESENT Basic concepts will remain – Nestle will be authorized Greg Winkler, ED Director to build the spur at their cost with ownership to be that Karen Soetenga, Specialist of the ARC. Mike Austin, Commission Attorney Mr. Eicks made a motion to adjourn at 5:08 p.m. OHTERS PRESENT Darren Grile, Anderson Light and Power Lori Sylvester, CATS Ken DeLaBastide, Herald Bulletin OPEN PUBLIC MEETING ROLL CALL AND DECLARATION OF QUORUM Mr. Symmes, at 5:02 pm., established a quorum with four (4) members present. MINUTES Mr. Eicks moved to approve the April 13, 2021 and minutes. Mr. Davenport seconded. Motion passed unanimously; 4 yes, 0 no. Mr. McGhee joined the meeting. FINANCIALS / INVOICES Commission members reviewed financials and invoices. Mr. Eicks moved to approve the invoices totaling $1,486,817.76. Mr. Davenport seconded. Motion passed unanimously; 5 yes, 0 no. BUSINESS Resolution ARC04-20 of the City of Anderson Redevelopment Commission Determining Need to Capture Incremental Assessed Valuation Mr. Austin briefed members on Resolution ARC04-20 determining a need to retain funds raised in the TIF area. Mr. Austin stated it was an annual resolution required to be sent to the Madison County Auditor, City Council and various taxing units within the TIF district. Brief discussion followed.