Zionsville Redevelopment Commission (ZRDC)

ZIONSVILLE REDEVELOPMENT COMMISSION SPECIAL MEETING MEMORANDA FOR Monday, July 10, 2017 at 8:00am Zionsville Town Hall-Community Room 1100 West Oak Street Members Present: Brad Johnson, President, Luke Phenicie, Vice President, Kent Esra, Secretary, Wade Achenbach, Treasurer, and Mike Shafer. Also Present: Wayne DeLong, AICP, Director of Planning & Economic Development and Bruce Donaldson, Mark Adam, Crowe Horwath, Counsel to the RDC. A. Opening a. Call meeting to order- President Brad Johnson called the meeting to order at 8:05am. B. Old Business a. Purchase Agreement: Rockland Development LLC: Brad Johnson introduced the matter and Luke Phenicie requested that Representatives (Mark Adam) from Crowe Horwath offer a brief summary of updates made to Exhibit A to the Purchase Agreement analysis since the last meeting. Discussions with Representative of Rockland then focused on the takedown agreement, prior comments offered by Commission Member Sanjay Patel, and the mechanics of a Repurchase Agreement (if included in the Purchase Agreement). 1. Action: A motion was made by Brad Johnson (seconded by Luke Phenicie) to assign a committee comprised of Brad Johnson and Luke Phenicie to review the updated version of the contemplated Purchase Agreement proposed by Rockland Development LLC. The motion was unanimously approved. b. Update: Creekside Corporate Park Professional Services (response) & Creekside Corporate Park Landscape Installation (response). Wayne DeLong introduced the matters and indicated that given irregularities in the responses (landscape/turf stabilization, landscape install), Staff was recommending that the submitted quotes be rejected (with Staff pursuing the submittal of future responses to be reviewed at a later date). 1. Action: A motion was made by Wade Achenbach (seconded by Kent Esra) to reject all quotes, as submitted (and pursue new quotes). The motion was unanimously approved. C. New Business No new business D. Other Business  No other business E. Adjournment (the meeting adjourned at 8:51am) Respectfully Submitted, Kent Esra, Secretary The next meeting of the Redevelopment Commission is scheduled for July 24, 2017 at 6:30pm.