Redevelopment Commission

~ LAFAYETTE ~ MINUTES OF THE LAFAYETTE REDEVELOPMENT COMMISSION September 28, 2023 11:00 am Council Chambers, City Hall Attendance Commissioners: Frank Donaldson, James Foster, Shelly Henriott, Jos Holman, Jim Terry Absent: Ex-Officio Members: Dave Moulton, Josh Loggins Absent: Staff: Dennis Carson, Economic Development Director; John Collier, Economic Development Assistant Director; Michelle Conwell; Economic Development Administrative Coordinator; Kara Boyles, Legal Intern; Jeromy Grenard, City Engineer; Jeremy Diehl, Controller; Patty Payne, Communications and Marketing; Tony Roswarski, Mayor; Cindy Murray, City Clerk Absent: Jacque Chosnek, City Attorney Guests: Jon Munn, TBIRD Design; Brian Pohlar, HWC Engineering; Colin Sullivan, BFS; Paul Moses and Collin Huffines, Greater Lafayette Commerce; Ben Fowles and David Worthen, Rea Magnet Wire Company Welcome and Call to Order James Foster welcomed everyone to the Redevelopment Commission meeting, noted that a quorum was present and opened the meeting of the Lafayette Redevelopment Commission at 11:00am. Minutes Jos Holman moved to approve the minutes of the August 24, 2023 meeting. Shelly Henriott seconded and the motion passed unanimously. New Business Brightview Landscape Services: 5 th Street Parking Garage plantings 2023 -This is for landscaping on the west side of 5th Street between South and Columbia Streets as part of the current Streetscape Phase VII redevelopment. It will be performed by Brightview Landscape Services, a company that the City currently contracts with for City wide landscaping, particularly in our public parks. The contract is for $14,137.00. Jim Terry moved to approve and Shelly Henriott seconded. The motion passed unanimously. HWC Engineering: Poland Hill Road Improvement- Brian Pohlar of HWC Engineering presented this contract for engineering, right of way services and acquisition for improvements of Poland Hill Road. The proposed project is divided into two phases. Phase 1 is defined as Poland Hill Rd., from Beck Lane extending north to Poland Hill Place. Phase 2 limits extend from Poland Hill Place to US 52. It is anticipated that Phase 2 will be authorized at a future time. The current roadway consists of two 10' - 12' asphalt roads with no shoulders or curbs. HWC proposes to widen and  improve the roadway to two 12' lanes with curb and gutter and a 10' bike/pedestrian trail. The scope of work will include: Roadway Design; Survey; Utility Coordination; Railroad Coordination; Geotechnical Investigation and Engineering; Wetland Delineation/Waters of the US Determination; Right of Way Services and Bidding. Jeromy Grenard, City Engineer, clarified the scope of the project. It is to improve the S curve, realign drainage, and to be safer for pedestrians, bicyclists and busses. It will also continue the trail connection. Total compensation is not to exceed $674,125.00. Frank Donaldson moved to approve and Jos Holman seconded. The motion passed unanimously. Milestone Contractors, LP: Streetscape Phase VI/-C0#1 -Jon Munn of TBIRD Designs presented this change order for Streetscape Phase VII that encompasses various changes to the original scope of work and items encountered in the field. The net change is a reduction of $22,060.48 from the original contract of $1,278,000.00 for a new total of $1,255,939.52. Jim Terry moved to approve and Shelly Henriott seconded. The motion passed unanimously. Resolution LRC-2023-11: A Resolution Recommending Approval of a Deduction for the Purpose of Tax Abatement in an Economic Revitalization Area Rea Magnet Wire Company, lnc.-Personal Property- Ben Fowles and David Worthen of Rea Magnet Wire presented a proposal requesting a seven-year tax abatement on an investment in personal property (machinery and equipment) in the amount of $37,040,000 and will add an additional 71 jobs and retain 167 employees. Rea Magnet Wire supports the long-term growth of the EV market with the manufacture of wire needed for electric vehicle motors. Shelly Henriott moved to approve and Jim Terry seconded. The motion passed unanimously. Resolution LRC-2023-12: A Resolution Recommending Approval of a Deduction for the Purpose of Tax Abatement in an Economic Revitalization Area for Real Estate Rea Magnet Wire Company, Inc. - Rea Magnet Wire is also proposing a $19M investment in real property which will include additions and improvements to their current facility that will add 71 jobs and retain 167 employees. With local contractor, Kettelhut Construction Inc., the expansion will make this Rea Magnet Wire's largest location. Shelly Henriott moved to approve and Jim Terry seconded. The motion passed unanimously. Director's Report • Streetscape Phase VII is wrapping up. • The 5th Street parking garage renovations are moving forward. • There are a few items that remain on the Public Safety Center punchlist. • The PSC micro-retail space is ready for flexible tenancy of 3-6 months. Tenants will use the space to product test before becoming a full-fledged business. • Budgets are being prepared for next year. • We are waiting for software to open the 7th Street garage to charge rates. The rates for the garage will be the same as the 5th Street garage. Claims Jim Terry moved to approve the September 2023 claims in the amount ofThree Million, Two Hundred Forty-One Thousand, Five Hundred Seven Dollars and Twenty-Five Cents ($3,241,507.25). Shelly Henriott seconded and the motion passed unanimously. Public Comment-no comment Adjournment Jos Holman moved to adjourn the meeting. Shelly Henriott seconded and the motion passed unanimously. The meeting of the Lafayette Redevelopment Commission was adjourned at 11:26am. Respectfully submitted Michelle Conwell, Recording Secretory s opment Commission