Redevelopment Commission

MINUTES OF THE LAFAYETTE REDEVELOPMENT COMMISSION MEETING December 13, 2012 Board of Works Room, City Hall 11:00 am ATTENDANCE: COMMISSIONERS: John Thieme, Jr.; Mary Lundstrom; Jos Holman; Donald J. Teder; and Greg Eller. CITY OFFICIALS: Cindy Murray, City Clerk; Ed Chosnek, City Attorney; Mike Jones, Controller; and Dennis Carson, Economic Development Director STAFF: Jennie Peterson, City Planner; and Nancy Hendricks, Administrative Assistant. GUESTS: Chris Wheatley, BF&S; Carly Sheets, BF&S; Sam Klemet, WBAA; and Chris Morisse-Vizza, Journal & Courier. Welcome and Call to Order President John Thieme, Jr. welcomed everyone to the meeting, noted that a quorum was present, and opened the meeting of the Lafayette Redevelopment Commission. Approval of the minutes for the November 15, 2012 meeting Jos Holman moved to approve the minutes of the Redevelopment Commissioners meeting on November 15, 2012. Mary Lundstrom seconded. The motion passed. Resolution LRC #2012-24: A Resolution Authorizing the Sale of Real Estate to Wabash Center, Inc. Jennie Peterson explained that this property had come to the city through a tax sale. Using the program income from the Neighborhood Stabilization Program, the property was purchased and now waits transfer to Wabash Center. Wabash Center will be able to use the property as a multi-resident supportive services residential home which furthers the goals of the NSP program. Jos Holman moved to approve Resolution LRC # 2012-24. Mary Lundstrom seconded. The motion passed. Agreement (Supplement #3) with Butler Fairman & Seufert (BF&S) for Alabama & 3rd Streetscape Project Chris Wheatley of BF&S updated the Commission on the additions to the project due to the modifications to the area. The original plans require accommodation of the new bank development and of the increase in land area now a significant part of the project. Of greatest concern are 1) traffic signals; 2) street-light additions and modifications; and 3) erosion control. The previous agreement (supplement #2) included the addition of impervious material for erosion control and this new agreement would continue the sustainable site design. Additional land is now bordered by South Street and the alley from South Street to Alabama Street. Donald J. Teder moved to approve the Supplement #3 Agreement with BF&S. Jos Holman seconded. The motion passed. Encroachment Agreement Dennis Carson explained the need for this agreement with Brinshore Development at a small portion of property Chatham Square. Since the original maps did not adjust for two developments which overlap at the tennis courts, an encroachment agreement satisfies any land ownership question or any future developments of the area. Mary Lundstrom moved to approve the agreement. Jos Holman seconded. The motion passed. Depot Lease Agreement for 2013 Homestead Consulting lease agreement for 2013 increases their monthly lease payments from $150 to $175 per month. Donald J. Teder moved to approve the Agreement with Homestead Consulting and the increase in lease payments. Mary Lundstrom seconded. The motion passed. Director’s Report Dennis Carson reported that the Bond closing on refunded bonds of the Redevelopment Authority went as scheduled with one important change: a significant reduction from the expected interest rate. With the net effective interest rate at 1.845%, the net savings, after all expenses and cash are applied, will be $564,201.41. Jos Holman moved to approve the Director’s Report. Mary Lundstrom seconded. The motion passed. Approve November claims Jos Holman moved to approve payment of the November claims totaling $813,493.93. Mary Lundstrom seconded. The motion passed. 2013 Meeting Dates The meeting dates for 2013: January 24; February 25 (adjustment from regularly scheduled date); March 28; April 25; May 23; June 27; July 25; August 22; September 26; October 24; November 21(adjusting for Thanksgiving); and December 19 (adjusting for holidays.) Jos Holman moved to approve the 2013 meeting dates. Mary Lundstrom seconded. The motion passed. Public Comment/ Adjournment John Thieme invited comment from the public. Hearing none, Donald J. Teder moved to adjourn. Jos Holman seconded. The meeting adjourned. Respectfully submitted, Nancy Hendricks, Recording Secretary Approved, _____________________________________________________ Secretary, Lafayette Redevelopment Commission