Redevelopment Commission

MINUTES OF THE LAFAYETTE REDEVELOPMENT COMMISSION MEETING June 22, 2017 11:00 am Board of Works Room, City Hall ATTENDANCE: COMMISSIONERS: Donald Teder, Jim Terry, Jos Holman, Mary Lundstrom, T.J. Thieme. EX-OFFICIO MEMBER: Dave Moulton, Appointed, Lafayette School Corp. Board Member. CITY OF LAFAYETTE OFFICIALS: Mike Jones, City Controller, Timothy Clary, Deputy Controller STAFF: Dennis Carson, Economic Development Director, John Collier, Economic Development Assistant Director, Patty Payne Mandy Clary, Intern, City of Lafayette, Joyce Funk, Administrative Coordinator. GUEST: Cary Gutwein, Copper Moon, Mr. Jason Semler, H. J. Umbaugh, & Associates Welcome and Call to Order President Donald Teder welcomed everyone to the meeting, noted that a quorum was present, and opened the meeting of the Lafayette Redevelopment Commission at 11:00 a.m. Approve Minutes of the May 25, 2017 Meeting Jos Holman moved to approve the minutes of the Redevelopment Commission meeting for May 25, 2017. Mary Lundstrom seconded. The motion passed. HWC Engineering Contract Addendum 7 Dennis Carson explained to the Commissioners this should be the concluding financial addendum with HWC Engineering for the Main Street project. Mr. Carson explained the additional Eight Thousand ($8,000.00) dollars cost is for a punch list of final items that need to be addressed before the close the project. Mr. Carson also clarified that the cost is within one percent (1%) of the original budget; which included an additional half block that was added later to the project. Mary Lundstrom moved to approve HWC Engineering Contract Addendum 7. Jos Holman seconded. The motion passed. RESOLUTION NO. LRC-2017-08 Mr. Dennis Carson introduced Resolution LRC 2017-08: a resolution of the Lafayette Redevelopment Commission recommending approval of a deduction for the purpose of seven (7) year tax abatement in an economic revitalization area for Lifesong Brands, Inc. (DBA Copper Moon Coffee LLC) for Personal Property. Jim Terry moved to approve Resolution No. LRC-2017-08 recommending a seven (7) year tax abatement for Personal Property for Lifesong Brands, Inc. (DBA Copper Moon Coffee LLC) an economic revitalization area. Jos Holman seconded. The motion passed. RESOLUTION NO. LRC-2017-09 Mr. Dennis Carson introduced the Resolution LRC 2017-09 of the Lafayette Redevelopment Commission for 10 year tax abatement recommending approval of a deduction in an Economic Revitalization Area (ERA) for Lifesong Properties, LLC, for Real Estate. This tax abatement will create five (5) new jobs. Mr. Dennis Carson introduced Mr. Cary Gutwein who asked for support of the resolution for the Thirty Thousand (30,000) square foot expansion and improvements of the building structure. Expansion is needed for the production and operation of a coffee roasting and packaging facility. The property is located on 1503 Veterans Memorial Parkway E, Lafayette, IN. Mr. Gutwein informed the Commissioners that Lifesong Properties, LLC, is a supplier to local businesses. The company ships Copper Moon Coffee to a variety of businesses such as Walmart, and Payless groceries. The company owns cafes here locally and in Indianapolis, IN. Jos Holman moved to approve Resolution No. LRC-2017-09, recommending a ten (10) year real estate tax abatement for Lifesong Properties, LLC, in an Economic Revitalization Area (ERA). Mary Lundstrom seconded. The motion passed. H.J. Umbaugh & Associates Presentation of the Redevelopment Commission Annual Report Mr. Dennis Carson introduced Mr. Jason Semler with H. J. Umbaugh & Associates. The Economic Development Department’s financial advisor Mr. Selmer presented their annual report and analysis of the 2017 Tax Increment Finance (TIF) report. Mr. Semler handed out and reviewed a printed Power Point presentation packet with the Commissioners. Mr. Selmer reviewed the tax increment report including outstanding debt, debt obligations, and account balances for each TIF. Jim Terry moved to accept the H. J. Umbaugh & Associates’ Annual Report as presented. Mary Lundstrom seconded. The motion passed. Director’s Report Mr. Dennis Carson announced that the department is in the process of rezoning property including and surrounding the area along South 4th Street area adjacent to downtown, and is located within the Ellsworth-Romig neighborhood. This area will be rezoned as Central Business District which is the same zoning as downtown Lafayette. The rezoning area is already part of the Central Creasy Tax Increment Finance (TIF) district. South 4th Street is a gateway to the downtown, and the changes in the zoning will allow for development consistent with downtown. Recently, Gold Sail Development purchased property in the area and is planning to redevelop a portion of the properties into a housing development. The rezoning request passed unanimously at the Area Plan Commission’s June 21st meeting. Next, the request will be presented to City Council at the July meeting. Mr. Carson also spoke of the Five Points Redevelopment Plan with MKSK consultants. This project is progressing well. MKSK has talked with businesses, neighborhoods, and stakeholders. There will be a meeting at 6:00 p.m. tonight, June 22, 2017 at Rush Pavilion with neighborhood representatives. There is a general public meeting with a presentation on June, 29th at 6:00 p.m. in Columbian Park’s Jenks’ Rest, located on Scott St. The response that MKSK have received to the plan has been positive overall. Finally, Spark Lafayette-West Lafayette with consultant Big Car Collaborative out of Indianapolis is going well. There was a public meeting at the County Library on June 12th as a call out for creative minds and ideas. There were a lot of good ideas, and we will be looking for applications from those creative people to execute the activities. Spark will run for 16 weeks from July to October for activities and fun. The City of Lafayette will be having the activities at Chase Plaza and Riehle Plaza on Tuesdays. The City of West Lafayette’s activities will be located on Brown and South Streets on Thursdays. Jim Terry moved to accept the Director’s Report as presented. Jos Holman seconded. The motion passed. June 2017 Claims Jos Holman moved to approve the June 2017 claims in the amount of Eight hundred and thirty-nine thousand, Four- hundred and twenty nine dollars, and sixty-nine cents ($839,429.69). Mary Lundstrom seconded. The motion passed. Adjournment Jim Terry moved to adjourn. T. J. Thieme seconded. The meeting of the Lafayette Redevelopment Commission was adjourned at 11:37 a.m. Respectfully submitted, Joyce Funk, Recording Secretary Approved, _____________________________________________________ Jos Holman, Secretary Lafayette Redevelopment Commission