Zionsville Redevelopment Commission (ZRDC)

ZIONSVILLE REDEVELOPMENT COMMISSION MEETING MEMORANDA FOR Monday, April 27, 2015 at 6:30pm Zionsville Town Hall-Community Meeting Room 1100 West Oak Street Members Present: Brad Johnson, Vice-President, Mark Plassman, Secretary, Katie Culp, and Joe Stein. Also Present: Ed Mitro, Town Manager, Wayne DeLong, AICP, Director of Planning & Economic Development, Ben Worrell, Boone EDC, and Bruce Donaldson, Counsel to the RDC A. Opening a. Call meeting to order-Vice President Brad Johnson called the meeting to order at 6:38pm b. Review of Memorandum of the February 23, 2015 regular meeting (Memorandum is available) and Review of Memorandum of the March 9, 2015 special meeting (Memorandum is available). 1. Action Taken: A motion was made by Mark Plassman (seconded by Katie Culp) to approve the February 23, 2015 memorandums as drafted. The motion was unanimously approved. The March 9, 2015 Memorandum was tabled until May 26, 2015 (as members present did not constitute a majority of members who were in attendance at the March 9, 2015 meeting). B. Old Business a. Redevelopment Area project update: Wayne DeLong offered an update on projects within and near the TIF area (and provided a written report). b. Creekside Committee: Brad Johnson updated the Committee of the HWC’s current efforts and discussed the need to finalize the TIF District’s bonding capacity. Discussions included emphasis on the interest in constructing the extension of Bennett Parkway to 96th Street. It was indicated that the Town’s accounting firm has been working on finalizing the numbers and has been engaged in the conversation since late last year. c. Creekside Marketing: Paul Kite indicated to the group that he recently had an additional inquiry from an interested party specific to Parcel 9. d. Microloan Committee appointment: Wayne DeLong indicated that Wade Achenbach, Chair of the Microloan Committee, had identified a new member (Eric Goehausen) to fill the current vacancy. Action Taken: A motion was made by Katie Culp (seconded by Mark Plassman) to appoint Eric Goehausen to the Microlaon Committee. The motion was unanimously approved. C. New Business a. Village Kitchen MicroLoan request: Wayne DeLong introduced the MicroLoan request of the Village Kitchen and summarized the MicroLoan Committee’s review and recommendations. Per the applicant, the loan proceeds would be used towards tenant build-out expenses. Per the Commission: Maximum amount of the loan: $25,000; 5 year term; 4 percent interest rate; and conditions per the Boone EDC letter dated April 22, 2015 (Letter is available). 1. Action Taken: A motion was made by Katie Culp to approve the Loan activity based on the identified terms. The motion was seconded by Mark Plassman. The motion passed unanimously. b. Public Hearing regarding Lease Agreement between the Redevelopment Authority and the Redevelopment Commission. Brad Johnson introduced the matter and Bruce Donaldson outlined details regarding the proposed lease agreement, the terms, and factors which require the involvement of both the Redevelopment Authority and Redevelopment Commission. It was indicated that the Redevelopment Authority had met at 5:45pm on April 27, 2015 and had unanimously approved the Lease Agreement. Upon conclusion of the presentation Brad Johnson opened the public hearing. As no party came forward and no questions were presented for consideration the public hearing was closed. 1. Action Taken: A motion was made by Brad Johnson (seconded by Mark Plassman) to adopt the Lease Agreement (Resolution 2015-02). The motion was unanimously approved D. Boone EDC Update: Ben Worrell, Business Development Manager, spoke to the Commission and indicated that the EDC is continuing to refine and strengthen its service to the Commission and has identified several ways it believes it can accomplish these items. E. Other Business a. Roger Burrus, 410 West Oak Street, Zionsville, requested to address the Commission and indicated that he represented two adjacent property owners of Creekside Corporate Park (Mr. John Matthews & Mr. Brad Allen) who have interest in discussing drainage, buffering, and other development characteristics commonly associated with and identified during the Development Plan phase of a project. Brad Johnson suggested that members of the Creekside Committee would be available to meet with Mr. Burrus and his clients and Wayne DeLong would coordinate a meeting date and time. F. Adjournment (the meeting adjourned at 7:14pm) Respectfully Submitted, Mark Plassman, Secretary The next meeting of the Redevelopment Commission is scheduled for May 26, 2015 at 6:30pm.