Zionsville Redevelopment Commission (ZRDC)

ZIONSVILLE REDEVELOPMENT COMMISSION REGULAR MEETING MEMORANDA FOR Monday, March 27, 2017 at 6:30pm Zionsville Town Hall-Community Room 1100 West Oak Street Members Present: Luke Phenicie, Vice President, Kent Esra, Secretary, Wade Achenbach, Treasurer, and Sanjay Patel. Also Present: Wayne DeLong, AICP, Director of Planning & Economic Development, Bruce Donaldson, Counsel to the RDC. A. Opening a. Call meeting to order – Luke Phenicie called the meeting to order at 6:30pm. b. Review of Memorandum of the February 27, 2017 regular meeting (Memorandum is available). 1. Action Taken: A motion was made by Wade Achenbach (seconded by Sanjay Patel) to approve the Memorandum. The motion was unanimously approved. B. Old Business a. Redevelopment Area project update: Wayne DeLong offered an update on projects within and near the RDC’s four (4) TIF areas (and provided a written report). b. Creekside Committee Reports: Infrastructure: Wayne DeLong summarized the current status of the Project’s schedule (copy of current schedule and percent complete was available as a part of the discussion). Business Plan and Marketing: Wayne DeLong summarized the efforts and recent conversations associated with a potential new broker for Creekside, and outlined the potential timing related to the forthcoming site selection magazine publication (Site Selection, Volume 62, Number 2, being a publication of the Industrial Asset Management Council). Financial: Wayne DeLong offered a summary of the current projected expenses related to the construction of Creekside (project is currently within budget) related to construction expenses and professional expenses. c. Discussion: Bennett Parkway Professional Design Contract: Luke Phenicie introduced the agenda item and Wayne DeLong summarized an exhibit provided to the Commission which illustrated the recommended alignment of Bennett Parkway as well as spoke to the need for the extension (as indicated in and supported by the Town’s Thoroughfare Plan). Andy Pickell of Beam Longest and Neff offered a presentation as to the details of recent conversations regarding the project. In summary, it was agreed that no effort related to design work would be expended currently, and, the Town would concentrate its efforts to finalization of a feasibility study related to the extension of Bennett Parkway (all in preparation of a 2017  submittal to the Metropolitan Planning Organization to determine funding potential by the MPO). Luke Phenicie inquired as to what could the Commission accomplish as a next to demonstrate to the MPO as to the Commission’s support of the Bennett Parkway Extension. It was suggested that the Commission’s written record should reflect that the Commission authorizes Staff to pursue the conversation with the MPO related to pursuing the concept with the MPO. 1. Action Taken: Kent Esra made a motion (seconded by Luke Phenicie) to allow both RDC and Staff to move forward with conversations with the Metropolitan Planning Organization with furthering the Bennett Parkway Project. The motion was unanimously approved. C. New Business a. Economic Development Area (CR 300 South / US 421-East Side): The Commission discussed the concept of commencing with a conversation regarding the creating of, and purposes of, an Economic Development Area on the east side of US 421 which comprised land on both the north and south side of County Road 300S (land currently commercially zoned and comprised approximately 65 acres) as well as the associated expenses related to the initiation of an effort. The Commission agreed to schedule the matter for discussion at a future Commission meeting (and extend an invitation to representatives of ownership in the area to be potentially included in the Economic Development Area). D. Boone Economic Development Commission Update (no update was provided) E. Other Business (no other business was discussed) 1. Adjournment (the meeting adjourned at 7:10pm) Respectfully Submitted, Kent Esra, Secretary The next meeting of the Redevelopment Commission is scheduled for April 24, 2017 at 6:30pm.