Zionsville Redevelopment Commission (ZRDC)

ZIONSVILLE REDEVELOPMENT COMMISSION SPECIAL MEETING MEMORANDA FOR Monday, June 16, 2014 at 10:30am Zionsville Town Hall-Community Meeting Room 1100 West Oak Street Members Present: Luke Phenicie, President, Mark Plassman, Vice-President, Katie Culp, Treasurer, and Brad Johnson. Also Present: Bruce Donaldson, Town Attorney, Ed Mitro, Town Manager, Wayne DeLong, AICP, Director of Planning & Economic Development, and Bryan Brackemyre, Executive Director of the Boone County Economic Development Commission. A. Opening a. Call meeting to order-Luke Phenicie called the meeting to order at 10:30am B. New Business a. Review of Purchase Agreement. George Somers indicated that as the January 11, 2014 Purchase Agreement had terminated as no closing had occurred per the Purchase Agreement, a motion to ratifying the action of cancellation of the Purchase Agreement should be considered. 1. Action Taken: A motion was made by Brad Johnson to ratify the action of the RDC to cancel the Purchase Agreement. The motion was seconded by Mark Plassman. The motion passed unanimously. b. Consideration of Reinstatement of as well as Amendment to the Purchase Agreement. George Somers brought forth for consideration the Reinstatement of and Second Amendment to the Purchase Agreement. 1. Action Taken: A motion was made by Brad Johnson to approve the signing of the Reinstatement / Second Amendment to the Purchase Agreement. The motion was seconded by Katie Culp. The motion passed unanimously. c. Hat World schedule update: It was indicated that a closing on the land is anticipated to occur on June 19, 2014. It was suggested that Luke Phenicie be authorized to sign all documents associated with the closing. 1. Action Taken: A motion was made by Brad Johnson authorizing Luke Phenicie to sign all documents associated with the closing. The motion was seconded by Katie Culp. It was suggested, as an amendment to the motion, that Brad Johnson also be authorized to sign all documents associated with the closing. A friendly amendment was made to the motion by Brad Johnson, and the motion was seconded by Katie Culp. The motion passed unanimously.  Other Business (none brought forth) C. Adjournment (the meeting concluded at 10:35am) The next meeting of the Redevelopment Commission is scheduled for Monday June 23, 2014 at 6:30pm. Respectfully Submitted, Craig Anderson, Secretary