Zionsville Redevelopment Commission (ZRDC)

ZIONSVILLE REDEVELOPMENT COMMISSION MEETING MEMORANDA FOR Monday, February 24, 2014 at 6:30pm Zionsville Town Hall-Community Meeting Room 1100 West Oak Street Members Present: Brad Johnson, Vice-President, Mark Plassman, Secretary, Craig Anderson, and Katie Culp. Also Present: Ed Mitro, Town Manager, Anneliese Williams, Barnes & Thornburg, Mark Adam, Crowe Horwath, Wayne DeLong, AICP, Director of Planning & Economic Development A. Opening a. Call meeting to order-Luke Phenicie called the meeting to order at 6:30pm B. Review of the Memorandum from January 27, 2014 (Memorandum was available) Action Taken: Brad Johnson motioned (seconded by Craig Anderson) to approve the January 27, 2014 Memorandum as drafted. Motion passed unanimously. C. Old Business: a. Micro-Loan Program: Luke Phenicie and Katie Culp introduced the matter and Wayne DeLong offered a summary of the January 13, 2014 presentation by the Town to the Zionsville Chamber of Commerce. b. Redevelopment Area project update: Wayne DeLong offered an update on project in and near the TIF area (and provided a written report). c. “Focus on Zionsville” update: Brad Johnson offered an update and indicated that it is anticipated that the line item will be utilized over the course of the current year. d. Update on Creekside Corporate Park at Zionsville: Brad Johnson offered a report related to activities of Rundell Estberger, indicating that conceptual site designs have been prepared and will be discussed at a future meeting (March 7, 2014 at 7:30am). D. New Business: a. Budget Forecast Spreadsheet: Ed Mitro introduced the matter and Luke Phenicie offered a review of the document. Ed Mitro offered a description of the projects within the Spreadsheet. b. Resolution approving the First Amendment and Assignment Agreement: Luke Phenicie introduced the matter and summarized the need for the Resolution which is intended to  facilitate the purchase and assignment of what was intended to be the ZCS maintenance facility within Creekside Corporate Park. Action Taken: Katie Culp motioned (seconded by Mark Plassman) to approve the Resolution authorizing the Redevelopment Commission President to sign documents associated with the Assignment Agreement. Luke Phenicie, due to action of the motion and the second, asked for discussion regarding the Resolution. Discussion occurred, and once ended, a vote was taken. A vote was take related to Resolution 2014-01. The motion passed unanimously. c. Economic Development Incentive: Luke Phenicie introduced the matter and indicated that Ms. Sherri Jenkins is in the audience if any questions arise regarding expenses associated with the grease trap contemplated to be attached to the Town’s sanitary sewer system. The Commission discussed the need for the grease trap in association with proposed Salty Cowboy restaurant, and the request for $14,820 to cover the grease trap, and $10,000 to cover the hook on fee. The Commission recognized the benefit of the installation of the grease trap, but had concerns regarding the incentivization of the hook on fee. Action Taken: Brad Johnson motioned to approve an Economic Development Incentive not to exceed $14,820, contingent on the receipt of a second quote for the completion of the purchase and installation of the grease trap (seconded by Craig Anderson). The motion passed unanimously. e. Fee Cap: Luke Phenicie introduced the matter and reminded the Commission that it had set a $20,000 fee cap with attorney George Somers who is assisting with the sale of acreage in Creekside to Lids Sports Group. At this time the legal fees have reached $22,500. The current proposal would raise the cap to not exceed $30,000, with the idea of getting the sale through a real estate closing. Action Taken: Craig Anderson motioned (seconded by Katie Culp) to approve the raising of the fee cap to not exceed $30,000. The motion passed unanimously. e. 106th Street Design Work: Luke Phenicie introduced the matter and Wayne DeLong summarized the proposal from BLN regarding the design work and the need to facilitate the project. Action Taken: Craig Anderson motioned (seconded by Mark Plassman) to approve the agreement, not to exceed $30,000. The motion passed unanimously. E. Boone EDC Report: Bryan Brackemyre offered a report to the Commission indicating that three projects are currently looking in Zionsville; two in Northwest Technology Park, the other in Creekside Corporate Park. F. Other Matters: Ed Mitro outlined that the Town of Zionsville is working on the annual reporting to Gateway. Brad Johnson outlined that wetland mitigation is of upmost importance as it will take six months to a year to obtain permits, and with agreement with HWC is currently capped at $5,000, and due to the need to commence with work related to identifying the wetlands, the cap should be increase to $35,000.  Action Taken: Mark Plassman motioned (seconded by Luke Phenicie) to approve an increase to the agreement not to exceed $35,000 and that Brad Johnson was authorized to secure the amendment. The motion passed unanimously. G. Adjournment (the meeting adjourned at 7:45pm) The next meeting of the Redevelopment Commission is scheduled for March 24, 2014 at 6:30pm.