Anderson Redevelopment Commission

MINUTES ANDERSON REDEVELOPMENT COMMISSION September 10, 2024 PUBLIC MEETING million gallons per day to be treated. In addition, a mile 5:00 p.m. of 24 inch raw water main will be ran from the site to ED Conference Room, Room #105 700 South to connect to the existing raw water main. 120 East 8th Street Mr. McKee informed members of the second area of Anderson, IN 46016 improvement, the expansion of the treatment plant located at the Lafayette site increasing capacity from MEMBERS PRESENT 10M gallons per day to 14M. Mr. McKee stated the third Richard Symmes, President improvement will be to lay 25,000 feet of transmission Danny McGhee, Vice President main from the water plant to the 8th St Tower. The total Kenneth Davenport, Secretary project will provide an additional 3-4M gallons per day. David Eicks, Member Larry Savage, Member Mr. Austin, Commission Attorney, briefed members on JoAnna Collette, Non-voting Member an IBJ article covering the LEAP district in Boone County when completed will consist of a 9,000 acre STAFF PRESENT development in which a new Eli Lilly facility is planned. Karen Soetenga, Economic Development Mike Austin, Commission Attorney Mr. Austin stated the project ran into a large water problem that has yet to be addressed indicating how OTHERS PRESENT serious the issue is to the completion of projects. Mr. Mayor Thomas J. Broderick, Jr. Austin added increasing capacity from 10M to 14M is Doug Whitham, City Controller thinking 10 to 15 years down the road which isn’t Neal McKee, Water Superintendent always popular, but necessary. Ken de la Bastide, Herald Bulletin Angie Strickler, Citizen Mayor Thomas J. Broderick, Jr, stated the project is part of a larger plan for water expansion to insure good safe OPEN PUBLIC MEETING drinking water for the citizens of Anderson and provide for future growth. The Mayor stated it is an absolute ROLL CALL AND DECLARATION OF QUORUM necessary first step. Question and answer time Mr. Symmes, at 5:04 pm., established a quorum with six followed. (6) members present. Mr. McGhee asked how TIF funds can pay for the MINUTES Mr. Davenport moved to approve the August 13, 2024 project as the wells are located outside the TIF area. meeting minutes as presented. Mr. Eicks seconded. Mr. Austin stated the statute allows for funds to be used Motion passed unanimously; 5 yes, 0 no. for projects that directly benefit the TIF area, which this project does. Discussion followed. FINANCIALS / INVOICES Commission members reviewed financials and invoices Mr. Savage asked how long the drill site will be able to to be paid. be used. Mr. McKee stated estimates are 40 years. Discussion followed. Mr. Eicks moved to approve the invoices presented in the amount of $662,746.83. Mr. Davenport seconded. Mr. McGhee asked if application was made for federal Motion passed unanimously; 5 yes, 0 no. dollars. Mr. McKee stated the City has applied for funds in the past, however, dollars are hard to receive. Mayor BUSINESS Broderick stated the infrastructure dollars that are Resolution ARC08-24 – Resolution Pledging Tax available right now were given to the state and the City Increment Revenues Toward the Financing of Water has to apply. Mayor Broderick stated the applicant list Improvements is long; the City was denied a water infrastructure Mr. McKee, Water Superintendent, reviewed three request a couple years ago and considered applying proposed areas of water improvement. Mr. McKee again but were told the funds were already being set stated the first improvement would include the drilling of aside for other projects. Mayor Broderick stated he two wells for source water to provide an additional 3-4 hoped the City would have more success with the second round. Mayor Broderick stated the funds are provided as a loan that may or may not eventually be forgiven; the process is not user friendly and very competitive. Additional discussion followed. Mayor Broderick stated when large projects are looking at Anderson as a potential location they ask what utilities the City has available. If the City does not plan for more capacity it will be unable to commit to larger companies preventing the expansion of its tax base and the creation of additional jobs. Brief discussion followed. Mayor Broderick stated using TIF dollars will help hold down future utility rate increases for citizens. Discussion followed. Mr. Eicks made a motion to approve Resolution ARC08- 24, a Resolution Pledging Tax Increment Revenues Toward the Financing of Water Improvements and Mr. Davenport seconded. Motion passed unanimously; 5 yes, 0 no. Meeting was adjourned at 5:31 pm. Page 2