Anderson Redevelopment Commission

MINUTES ANDERSON REDEVELOPMENT COMMISSION February 6, 2024 PUBLIC MEETING Winkler stated he and Rob Sparks, Director of the 4:30 p.m. Madison County Corporation for Economic ED Conference Room, Room #105 Development, visited a SAICA Pack plant in Hamilton 120 East 8th Street Ohio. The proposed construction in Anderson will be Anderson, IN 46016 essentially the same operation with the exception of an added rail spur to cut down on truck traffic. MEMBERS PRESENT Richard Symmes, President Mr. Wright briefed members on the competitive process Danny McGhee, Vice President to locate a site for the new facility and Anderson was Kenneth Davenport, Secretary ideal in that it provided the rail opportunity and the Larry Savage ability to work with the people in Anderson. Mr. Wright JoAnna Collette, Non-voting Member stated the family owned company, which manufactures corrugated boxes, operates a clean and efficient facility STAFF PRESENT with no emissions or noise. Mr. Wright informed Greg Winkler, ED Director Karen Soetenga, ED Dept members of the 120M investment with 56 jobs year one Mike Austin, Commission Attorney with gradual increases over the next several years to an estimated 118 jobs in total, all with above average pay. OHTERS PRESENT Mr. Wright stated SAICA is committed to local Doug Whitham, City Controller community involvement and is based out of Spain. Mr. Brant Wright, Bose McKinney/SAICA Wright provided an overview of the company. Jake Miller, Bose McKinney/SAICA Discussion followed. Ken de la Bastide, Herald Bulletin Rebecca Crumes, Citizen Mr. Winkler stated there would be no significant impact Andrew Mosely, Citizen on utilities; electrical capacity is available and they do Kellie Kelley, Citizen not need water and are not wastewater producers. Brief question and answer time followed. OPEN PUBLIC MEETING Mr. Winkler stated the ARC is being asked to finance ROLL CALL AND DECLARATION OF QUORUM improvements including the widening of Park Road from Mr. Symmes, at 4:30 pm., established a quorum with five (5) members present. 67th to 53rd estimated at a cost of 3-3 1/2 M. IEDC is committing $300,000 towards the improvement. Mr. MINUTES Winkler stated in addition, power lines will need to be Mr. Davenport moved to approve the January 11, 2024 moved at a cost of approximately $750,000 to 1M and minutes as presented. Mr. McGhee seconded. Motion $500,000 will be needed for the build out of the rail. A passed unanimously; 4 yes, 0 no. question and answer time followed. FINANCIALS / INVOICES Mr. Wright stated the company is committed to hiring Commission members reviewed financials and invoices interns and hiring Anderson residents. to be paid. A question and answer time followed. Ms. Collette asked how the TIF would work for this Mr. McGhee moved to approve the invoices presented project. Mr. Winkler stated the area is already part of in the amount of $492,261.87. Mr. Davenport seconded. Motion passed unanimously; 4 yes, 0 no. the Consolidated TIF area. Total expenditures will be 10M including 4.7M for infrastructure and 5.3M in a TIF BUSINESS Bond. Mr. Winkler informed members the project will Resolution ARC01-24 – Resolution Approving an produce 20-21M in TIF dollars over 10 years which will Economic Development Agreement – SAICA PACK more than double the investment, add jobs, improve US LLC infrastructure and secures a long standing tax payer in Mr. Winkler introduced SAICA representatives Mr. Brant the community. Wright and Mr. Jake Miller from Bose McKinney. Mr. Mr. Savage asked who vetted the company and how Mr. Davenport seconded. Motion passed unanimously; long has the project been considered. Mr. Winkler 4 yes, 0 no. stated he and Mr. Sparks visited the Ohio plant in March of last year. Over the course of the last year they Action on Engagement Letter with Gary McKinney for have vetted the company carefully and can report Ohio continued use of USEPA Trust Funds for off-site is happy with the relationship as they take care of their environmental sampling people and have followed through with promised Mr. Winkler stated he had approached Gary McKinney, investment. Brief discussion followed. who has done the majority of the compliance work for the former GM sites, and asked him for an engagement Mr. Savage asked about the hiring process. Mr. letter including an hourly rate for his services in order to Winkler stated Job Source will be used. Ms. Collette follow up with ongoing environmental work. The briefed members on a program Job Source and the City engagement letter has indicated a fee of $100.00 per have collaborated on involving 4 weeks of general work hour. Brief discussion followed. Mr. McGhee stated Mr. skill training designed to get individuals ready for job McKinney has done a great job in the past overseeing placement. Mr. Savage asked who the liaison was the USEPA Trust funds. Brief discussion followed. between the City and the Company. Mr. Winkler stated it is either himself or one of the Economic Development Mr. McGhee made a motion to approve Engagement Staff. Brief discussion followed. Letter with Gary McKinney and Mr. Davenport seconded. Motion passed unanimously; 3 yes, 0 no. Mr. Austin briefed members on ResolutionARC01-24 Larry Savage abstained. approving an economic development agreement with SAICA PACK US, LLC concerning the items previously Action on payment to Corporation for Economic discussed. Mr. Winkler stated the process of approving Development for expenses related to Project Smooth the bonds include going before the Economic Sailing and Origin II. Development Commission and the City Council. Brief Mr. Winkler stated this request was first introduced last discussion followed. Mr. Austin stated the agreement month and is for costs incurred by Madison County has many safe guards in place. Mr. Wright stated the Corporation for Economic Development in order to push company will get no funds until they perform. various projects forward including engineering and consulting services and wetland delineation services. Mr. McGhee made a motion to approve Resolution Brief discussion followed. ARC01-24 a Resolution Approving an Economic Development Agreement with SAICA PACK US LLC Mr. Savage made a motion to approve payment to and Mr. Davenport seconded. Motion passed Corporation for Economic Development for expenses unanimously; 4 yes, 0 no. related to Project Smooth Sailing and Origin II in the amount of $14,236.00 and Mr. Davenport seconded. Resolution ARC02-24 – Resolution Pledging Certain Motion passed unanimously; 4 yes, 0 no. Tax Increment Revenues to the Payment of Bonds – SAICA PACK US LLC Action on Environmental Restrictive Covenant – Mr. Austin stated ARC02-24, which pledges funds for former Edgewood Plaza Site the issuance of bonds, is procedural and is required in Mr. Winkler informed members of the Environmental the process of funding the bond. Mr. Winkler informed Restrictive Covenant for the former Edgewood Plaza members it will most likely be placed with a local bank Site on Nichol Avenue. The Indiana Department of and be backed up with a certificate of deposit and paid Environmental Management (IDEM) has granted a no off before the 10 years. It does not negate the further action status with certain covenants: no use of responsibility of the company. groundwater, no residential construction and the use of vapor mitigation systems at time of any future Mr. de la Bastide asked if the company asked for a tax construction. Brief discussion followed. Austin stated abatement. Mr. Winkler stated no and a tax abatement the state has said the cleanup is finished and they are will not be considered. not requiring the ARC to do anything else environmentally but there are some restrictions for Mr. McGhee made a motion to approve Resolution future use. ARC02-24 a Resolution Pledging Certain TIF Revenue to the Payment of Bonds - SAICA PACK US LLC and Mr. Davenport made a motion to approve the Environmental Restrictive Covenant related to the Page 2 former Edgewood Plaza Site as presented and Mr. McGhee seconded. Motion passed unanimously; 4 yes, 0 no. Action on SM&A Contract for continued Monitoring and Investigations – Former GM Plant 7 Mr. Winkler briefed members on a contract with SM&A for continued monitoring as required by USEPA to be reimbursed by the trust fund. Mr. Winkler stated the amount of the contract is $110,000 and the scope of work is for the year 2024. Brief discussion followed. Mr. Savage asked if General Motors has paid for any of the cleanup. Mr. Winkler stated there were funds placed in a USEPA Trust Fund for that purpose. Mr. Davenport made a motion to approve a contract for continued monitoring at former GM Plant 7 with SM&A as presented and Mr. McGhee seconded. Motion passed unanimously; 4 yes, 0 no. MISCELLANEOUS Mr. Winkler asked for authorization to prepay Mike Austin’s January legal fees in the amount of $3,150.00. Mr. McGhee made the motion to prepay Mr. Austin’s January invoice and Mr. Davenport seconded. Motion passed unanimously: 4 yes, 0 no. Meeting was adjourned at 5:26 pm. Page 3