Redevelopment Commission

MINUTES OF THE LAFAYETTE REDEVELOPMENT COMMISSION MEETING December 19, 2013 Board of Works Room, City Hall 11:00 am ATTENDANCE: COMMISSIONERS: Mary Lundstrom; Donald J. Teder; Jos Holman; John Thieme, Jr.; and Greg Eller CITY OFFICIALS: Mayor Tony Roswarski; Cindy Murray, City Clerk; Ed Chosnek, City Attorney; and Dennis Carson, Economic Development Director STAFF: Terry Schmitt, Deputy Controller; Margy Deverall, City Planner; Dan Walker, City Planner; Jennie Peterson, City Planner; and Nancy Hendricks, Administrative Assistant. GUESTS: Kevin Niebrugge, Tate & Lyle; Chris Olsen, Tate & Lyle; Emily Campion, Journal & Courier Welcome and Call to Order President Mary Lundstrom welcomed everyone to the meeting, noted that a quorum was present, opened the meeting of the Lafayette Redevelopment Commission, and wished everyone happy holidays. Approval of the minutes for the November 21, 2013 meeting John Thieme, Jr. moved to approve the minutes of the November 21, 2013 Redevelopment Commission meeting. Jos Holman seconded. The motion passed. Receive proposals for 1328 Shenandoah Drive Dennis Carson reported that no proposals had been received. Cindy Murray, City Clerk, confirmed that no proposals had come to the clerk’s office. Resolution LRC # 2013-19: Amending Resolution, LRC #2006-22, Resolution LRC #2012-20 and Resolution LRC 2001-11, Clarifying Accounting Practices Relating to the Lafayette Redevelopment Authority Lease Rental Refunding Revenue Bonds, Series 2010A and the Lafayette District Refunding Revenue Bonds of 2012, and Providing for Other Matters Thereto Ed Chosnek, City Attorney explained the terminology of the resolution. Because of the consolidation of Tax Increment Financing (TIF) districts, the potential for misinterpretation of terms in the bond resolutions became a concern. By the clarification of this resolution, the original terms of the bonds are secure and any future actions by the Redevelopment Commission regarding the bonds or the TIF districts will remain valid. John Thieme, Jr. moved to approve Resolution LRC #2013-19 amending resolutions LRC #2006-22, LRC #2012-20, LRC #2001-11, and clarifying that the terms of the bonds represented by those resolutions shall remain valid. Jos Holman seconded. The resolution passed. Resolution LRC #2013-20: A Resolution Recommending Designation of an Economic Revitalization Area (ERA) for Tax Abatement on Personal Property: Tate & Lyle Dennis Carson introduced Chris Olsen, Vice-President of Community and Government Affairs for Tate & Lyle, and Kevin Niebrugge, local plant manager for Tate & Lyle. Both reported that Tate & Lyle was in the process of expansion and that Indiana, specifically Lafayette, was the likely plant for developing new lines. The two most significant factors for that choice are energy cost and taxation. Kevin Niebrugge said that the permitting process had already begun. Although additional corn dryers would be installed, removal of the coal burning boilers is being considered in order to reduce the particulates released into the environment. Mayor Tony Roswarski spoke in support of the partnership that Tate & Lyle has demonstrated to the city: taxes paid, jobs provided, large volume purchase and use of local agriculture, and Lafayette’s place in the global market. Jos Holman moved to recommend re-establishing the ERA for seven years for the purpose of tax abatement on personal property for a period of seven years as well. John Thieme, Jr. seconded. The motion passed. Director’s Report Dennis Carson presented the update on current projects.  The budget for 2014 is being finalized.   Two development opportunities/partnerships are ready for the Centennial Townhomes and for proposals for the former Queen Anne Court site.  MatchBOX improvements continue and the building should be ready to open for business in February. John Thieme, Jr. moved to accept the director’s report. Donald J. Teder seconded. The motion passed. Approve December claims Jos Holman moved to approve $762,977.71 in claims for payment. John Thieme, Jr. seconded. The motion passed. Approve Meeting Dates for 2014 The following meeting dates for the year 2014 were presented for approval: January 23, 2014; February 27, 2014; March 27, 2014; April 24, 2014; May 22, 2014; June 26, 2014; July 24, 2014; August 28, 2014; September 25, 2014; October 23, 2014; November 20, 2014*; December 18, 2014* *Denotes changes in meeting times to accommodate holidays. Donald J. Teder moved to approve the 2014 meeting dates for the Lafayette Redevelopment Commission. Jos Holman seconded. The motion passed. Public Comment/ Adjournment President Mary Lundstrom asked for additional comments from the public. Hearing none, Donald J. Teder moved to adjourn the meeting. Jos Holman seconded. The meeting adjourned. Respectfully submitted, Nancy Hendricks, Recording Secretary Approved, _____________________________________________________ Secretary, Lafayette Redevelopment Commission