Economic Development Commission

MINUTES ECONOMIC DEVELOPMENT COMMISSION November 8, 2012 to build a house and barn and also raise a few PUBLIC MEETING goats. They will keep the area nice and plant more 5:00 p.m. trees. It will be a single-family home consisting of Conference Room #1 4,200 square feet. It will have a basement. The 120 East 8th Street second story will have two lofts only. The perimeter Anderson, IN 46016 of the property is wooded; there is also a row of trees down the center. It appears as it if it is two MEMBERS PRESENT separate ten acre tracts of ground. The property Bill Nagengast, President used to be farmed. Construction should begin Gracie Suko, Secretary / Treasurer about November 15, 2012, with completion in May Larry Higgins, Member 2013. Dr. David Markle, Member Mrs. Hopper stated that pursuant to Ordinance #36 -11 this project does meet the criteria. It is a MEMBERS ABSENT facility that is new construction for human Pam Jones, Vice President habitation, the construction should begin before December 31, 2012, and it will be an owner STAFF PRESENT occupied single family dwelling. The abatement is Kevin S. Smith, Mayor for three years. It does not qualify for six year Mr. Greg Winkler, Director abatement, because it is not considered in-fill Ashley Hopper, Deputy Director housing. In-fill housing is defined as the majority April Phillips, Specialist of the housing stock in the area was constructed prior to 1980 and there is not vacant land. This OTHERS PRESENT area, as confirmed with Municipal Development, is Darryl Goodwin, Petitioner not considered in-fill housing because there are large tracts of vacant ground. ROLL CALL AND DECLARATION OF QUORUM Mr. Winkler thought of in-fill housing as an older Mr. Nagengast called the meeting to order at 5:30 neighborhood where there are a limited number of p.m. and declared a quorum present with four empty lots. members in attendance. Mr. Higgins moved to approve Resolution #EDC04- MINUTES 12. Dr. Markle seconded. Mr. Higgins moved to approve the September 13, 2012, minutes as received. Dr. Markle seconded. Ms. Hopper wanted to clarify that by approving the Motion passed unanimously; 4 yes, 0 no. resolution the Commission is accepting the area as an economic development target area which makes BUSINESS it applicable for residential tax abatement. If the Commission approves this resolution, an ordinance RESOLUTION #EDC04-12 RESOLUTION will go to the City Council for final approval. RECOMMENDING RESIDENTIAL TAX ABATEMENT FOR KATHIE J. GOODWIN Motion passed unanimously; 4 yes, 0 no. Mrs. Hopper explained the property is located in Cunningham Hills Subdivision which is in the vicinity Mrs. Hopper explained to Mr. Goodwin the of 67th Street and Ridgeview Road. The address is Ordinance will be heard by the City Council at their 6402 Ridgeview Road. The application has been special meeting on November 19, 2012, at 5:00 reviewed and is in order. p.m. and then again on December 13, 2012, at 7:00 p.m. Mr. Goodwin stated the property is approximately 20 acres, which is undeveloped. His wife would like MISCELLANEOUS Hy-Pro Filtration Mr. Winkler explained the Hy-Pro Filtration Project may come before the Commission in mid-Summer. The property needs annexed, zoned, platted, and included in the TIF District. The project will create 107 new jobs with a $10.2 million investment. Next Meeting There are no meetings scheduled for the remainder of the year. Madison County Council Appointment to Commission Mr. Higgins stated this would be his last meeting as he will no longer be on the Madison County Council. A new member will need to be appointed in January 2013. Project World Mr. Winkler stated there is an announcement tomorrow, November 9, 2012, at 3:30 p.m. at Ford AutoWorld. Mary Jamerson will be moving the Ford and General Motors dealerships, currently on Broadway, to the former Plant 11 site on Scatterfield Road. Approximately $7.5 million is being invested in the project and will add new 30 jobs. Ivy Tech has accepted the donation of the existing Ford property to become the new East Central Indiana Automotive Institute. The proposed project site is approximately 19 acres. Mayor Smith explained the project makes use of a former industrial / brownfield site. The area is located within a Community Revitalization Enhancement District (CRED) which allows for sales tax dollars to be collected of up to $750,000 per year for 15 years. These monies are re-invested into the District and used for infrastructure improvements. ADJOURNMENT Mr. Higgins moved to adjourn. Meeting adjourned at 5:49 p.m. Submitted by: April K. Phillips Economic Development Commission (EDC): November 8, 2012 Page 2