Economic Development Commission

MINUTES ECONOMIC DEVELOPMENT COMMISSION September 10, 2015 Lot 175B located in the Southmain Village West PUBLIC HEARING Phase 3. The improvements to the property will be 4:30 p.m. at an estimated cost of $185,000. The request is for Conference Room #1 a three-year tax abatement as it is not considered 120 East 8th Street in-fill housing. Construction will commence before Anderson, IN 46016 December 31, 2015, for a single-family dwelling intended for human habitation. The area has PUBLIC MEETING unimproved lots and has been undesirable for Immediately Following Public Hearing normal development and occupancy due to a Conference Room #1 cessation of residential growth and development. 120 East 8th Street The project will promote municipal development Anderson, IN 46016 objectives by making effective use of the vacant lot and expanding the tax base. If the Commission approves the resolution, it will be forwarded to the MEMBERS PRESENT City Council for their consideration of an ordinance Bill Nagengast, President to adopt the Commission’s recommendation. Staff Dr. David Markle, Member recommends approval of the resolution. Robin Wagner, Member MEMBERS ABSENT Ms. Myers stated it is a planned unit development David Eicks, Vice President (PUD) so there is two units per building. This one is Gracie Suko, Secretary / Treasurer custom, but the other is a spec unit. It has two bedrooms, bath, utility room, and attached garage. STAFF PRESENT Ashley Hopper, City Attorney Mr. Frischkorn presented the floor plan of the units. Greg Winkler, Director Mr. Ireland was unable to attend this meeting, but Michael Frischkorn, Deputy Director he will be inhabiting one side. Mustin Builders is April Phillips, Economic Development Staff constructing the other half as a spec unit. OTHERS PRESENT Pam Myers, Mustin Builders Inc. Ms. Myers thought they would be breaking ground within the next 30 days. Mr. Ireland would probably ROLL CALL AND DECLARATION OF take occupancy within six to nine months. This is not QUORUM a condominium. It is a planned unit development. Mr. Nagengast called the meeting to order at The purchaser will own the inside and outside of the 4:33 p.m. and declared a quorum with three (3) unit, plus the land it sits on. members in attendance. MINUTES Ms. Wagner moved to approve Resolution #EDC08- Ms. Wagner moved to approve the August 13, 2015, 15. Mr. Markle seconded. Motion passed minutes as received. Mr. Markle seconded. Motion unanimously; 3 yes, 0 no. passed unanimously; 3 yes, 0 no. Resolution #EDC09-15 Resolution for BUSINESS Residential Tax Abatement for Mustin Builders Inc., 4811 Stratford Drive Mr. Frischkorn explained the resolution is for a Resolution #EDC08-15 Resolution for residential tax abatement for 4811 Stratford Drive, Residential Tax Abatement for John Joseph Lot 175A located in the Southmain Village West Ireland, 4809 Stratford Drive Phase 3. The improvements to the property will be Mr. Frischkorn explained the resolution is for a at an estimated cost of $185,000. The request is for residential tax abatement for 4809 Stratford Drive, a three-year tax abatement as it is not considered in-fill housing. Construction will commence before December 31, 2015, for a single-family dwelling intended for human habitation. The area has unimproved lots and has been undesirable for normal development and occupancy due to a cessation of residential growth and development. The project will promote municipal development objectives by making effective use of the vacant lot and expanding the tax base. If the Commission approves the resolution, it will be forwarded to the City Council for their consideration of an ordinance to adopt the Commission’s recommendation. Staff recommends approval of the resolution. Mr. Nagengast mentioned this was a spec unit and was identical to the other unit. Ms. Wagner moved to approve Resolution #EDC09- 15. Mr. Markle seconded. Motion passed unanimously; 3 yes, 0 no. MISCELLANEOUS ADJOURNMENT Mr. Nagengast adjourned the meeting at 4:45 p.m. Economic Development Commission (EDC): September 10, 2015 Page 2