[1. PLEDGE OF ALLEGIANCE]
[00:00:06]
>> I WOULD LIKE TO CALL THIS REGULAR HOLY MEETING OF THE CARMEL REDEVELOPMENT COMMISSION TO ORDER. WE ARE HERE IN THE CITY COUNCIL CHAMBERS AND WE HAVE NOT ONLY A QUORUM BUT ALL OF OUR MEMBERS PRESENT. WELCOME ALL. IF YOU WOULD STAND AND JOIN ME IN THE PLEDGE OF ME IN THE PLEDGE OF ALLEGIANCE. AND TO THE REPUBLIC FOR WHICH IT STANDS, ONE NATION, UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL. )
>> THAN, YOU. YOU MAY BE SEATED. DOES ANYONE HAVE CORRECTIONS OR ADDITIONS TO THE MINUTES THAT
[2. APPROVAL OF MINUTES]
WERE PROVIDED TO YOU IN THE PACKET THE OTHER DAY? IF NOT THE CHAIR WILL ENTERTAIN A MOTION OFAPPROVAL. >> SO MOVED ARE SECOND. >> IT'S BEEN MOVED AND SECOND
ALL IN FAVOR PLEASE SAY AYE. >> AYE. >> ANY OPPOSED? THE MINUTES ARE
[3.a. Cash Flow Report]
APPROVED. THANK YOU VERY MUCH. WE WILL NOW MOVE ONTO OUR CASH FLOW REPORT. MR. LEE.>> THE COMMISSION END OF MONTH BALANCE IN FEBRUARY IS 4991186 AND INCLUDING THE RESTRICTED
FUNDS IT'S $18,906,193. >> EX LENT. THANK YOU MR. LEE. ANY QUESTIONS OF THE CASH FLOW
[3.b. Approval of Claims]
REPORT? SEEING NONE, WE WILL MOVE ONTO THEN TO APPROVAL OF CLAIMS ONCE AGAIN MR. LEE?>> ONE SET OF CLAIMS BEFORE YOU TONIGHT FROM NON-OPERATING EPENSES IN THE AMOUNT OF
$12,851.33 PLEASE LET ME KNOW IF YOU HAVE ANY QUESTIONS. >> THANK YOU MR. LEE. ANY QUESTIONS OF MR. LEE. IF NOT IF IT'S YOUR PLEASURE CHAIR WILL ENTERTAIN A MOTION OF
APPROVALED. >> SO MOVED AND SECONDED. >> SECOND [LAUGHTER].
>> DOUBLE MOVED HERE. WHO WANTS TO SECOND? ALL RIGHT. THERE'S A SECOND OVER THERE IT'S MOVED AND SECTED ALL IN TPAER PLEASE SAY AYE OPPOSED SAME SIDE? IT IS APP
APPROVED. THANK YOU VERY MUCH. >> MR. CHAIR A QUESTION WHAT IS ON GOING ARBITRAGE SERVICE.
>> THAT IS REQUIRED FOR EACH OF THE LEASE OBLIGATION THAT THE CITY HAS THROUGH THE REDEV AUTHORITY IT WUFPBT FOR THE BUDGET FOR LAST YEAR WE SHIFTED IT TO THIS YEAR.
>> BUT ARBITRAGE? OKAY. >> THE CITY REDEVELOPMENT COMMISSION SIT ON FUNDS THAT COLLECT INTERESTING THERE ARE ARBITRAGE RULES ABOUT HOW MUCH INTEREST WE'RE ALLOWED TO COLLECT. SO, FINANCIAL ADVISORS BOTH FOR US AND FOR THE REST OF THE CITY ENSURE WE ARE
COMPLIANT. THAT'S WHAT THAT IS OKAY. >> OKAY I WOULDN'T HAVE THOUGHT
THAT WAS ARBITRAGE BUT I ACCEPT IT. THANK YOU. >> YEAH. I THINK IT'S IN OUR
REQUIREMENT THAT WE HAVE TO MAKE SURE WEE WITHIN COMPLIANCE. >> WHEN WE'RE STUDENTS IN HIGH SCHOOL IN ECON CLASS ARBITRAGE IS A GOOD THING BUT WORKING FOR THE CITY ARBITRAGE IS A BAD
[4. EXECUTIVE DIRECTOR REPORT]
THING [LAUGHTER]. >> VERY GOOD ANY OTHER QUESTIONS AT THIS POINT? SEEING NONE WE
WILL MOVE ON TO THE EXECUTIVE DIRECTORS REPORT. MR. DIRECTOR? >> THANK YOU MR. PRESIDENT I WILL QUICKLY FLY THROUGH THE REDEVELOPMENT ACTIVITIES FOR LAST MONTH. THESE ARE AS YOU KNOW THE SAME SLIDES PRESENTED TO CITY COUNCIL SO IT CONTINUES IT'S COMMERCIAL BUILD OUT SO DOES THE WINDSOR. EVEN THIS PICTURE IS TOO OLD BECAUSE IF YOU DRIVE BY THAT SITE TODAY ONE SQUARE NORTH PLEASE DO ON YOUR WAY HOME , THERE SAY GUY SKWRAPBTIC FOUR STORY PLAY TKPWHROUPBD THAT HAS ALREADY BEEN HALF ERECTED IT'S REALLY A SIGHT TO SEE IT'S REALLY COOL.
SO, PLEASE TABLE A CHANCE TO DRIVE BY THAT SITE AND THE PICTURES WILL REFLECT THAT.
>> SAW A PICTURE IN THE FACEBOOK TODAY. WE'RE VERY EXCITED. >> I'M VERY EXCITED.
>> CAN'T WAIT TO SEE YOU ON IT. >> YOU KNOW UM, THE PLAY TKPWHROUPBD THAT EXISTS TODAY.
FOR LUCKY PLAYGROUND IS SPECIFICALLY FOR 40 AND 5 YEAR OLDS, IN FACT, WHEN YOU SEE A 12 YEAR OLD IN THE CURRENT PLAYGROUND EX-CUED ME YOUNG MAN GET OUT OF THERE. THIS IS FOR
[00:05:01]
TODDLERS. THE PLAYGROUND BEING INSTALLED TODAY IS FOR ALL AGES INCLUDING ME. SO, YEAH IT WILL BE VERY COOL. FOR SOME NAME CONTINUES IT'S CONDO SALES SO IS MAGNOL YEAH IT'S FULLY LEASED ON THE FIRST FLOOR I HOPE YOU TRIED TO ICE CAREEN OR SUSHI. THE CONDOS HAVE BEEN BUILT. THEY ARE BEING FINISHED NOW. WE WILL EXPECT SOME CLOSINGS TO START TAKING PLACE HERE IN THE NEXT MONTH OR TWO. WANT TO GIVE A SHOUT OUT TO REDEVELOPMENT COMMISSIONS DIRECTOR OF CONSTRUCTION, JUSTIN MEYERS WHO HAS BEEN DOING A LOT OF WORK CORD FATING WITH THE DEVELOPER ON-SITE. IT'S NOT EVERY DAY YOU HAVE A PROJECT THAT'S A CITY BUILT GARAGE WITH PRIVATE CONDOS ON TWO SIDES OF IT AND LOOKS LIKE A HOL EUGSIC PROJECT IT TAKES A LOT OF COORDINATION BEHIND-THE-SCENES WE ARE GLAD WE HAVE THE STAFF TO DO THIS. THE CIVIC CROSSING THE REPUBLIC QUARTERS CONTINUES IT'S EXPAND OUT WITH IT HEADQUARTERS THERE.FOR CITY OF THREE, WE WILL BE GOING BACK TO CITY COUNCIL WITH THIS NEXT MONTH WITH AN UPDATE. AND ONE OF THOSE SOUTH RANGE LINE LOOKS. GREAT LOTS OF GREAT PROGRESS ON ICON INCLUDING THEIR SALES CENTER ARE OPEN AND LOTS OF GOOD PROGRESS ON THE A T T SITE INCLUDING FINAL DETAILS FOR THE RESIDENTS THAT SHOULD START CONSTRUCTION THERE SOON AND EVEN THIS PICTURE IS OLD BECAUSE THE AMOUNT OF FACADE IMPROVED THAT ARE HAPPENING TO OUR ONE PLAZA EVERY DAY KIND OF AMAZING. THATINCLUDES MY DIRECTORS REPORT. HAPPY TO ANSWER ANY QUESTIONS. >> COMMISSIONERS QUESTIONS FOR
THE DIRECTOR? >> ACTUALLY IT'S NOT A QUESTION I JUST WANTED TO PUT IT OUT THERE IN THE ETHER MY HUSBAND AND I ENJOYED THE SUSHI RESTAURANT I'M NOT GOING TO SAY
IT RIGHT K YOU SAY IT? I CAN'T SAY IT. >> IT'S
CENTER THERE IS AN OKANORI OR SOMETHING LIKE THAT. >> OKANORI AND THE MUSE IT WAS ONE OF THE FANTASTIC SUSHI RESTAURANTS I HAVE BEEN TO IN A LONG TIME. I WOULD ENCOURAGE ANYONE OUT THERE IF YOU ARE A BIG SUSHI LOVER, GREAT SERVICE, GREAT PEOPLE, GREAT AMBIENCE IT'S LIKE BEING IN NEW YORK CITY IN A NICE RESTAURANT I WANT TO GIVE THEM A SHOUT OUT DELICIOUS
DINNER. >> ANY OTHER QUESTIONS OF THE DIRECTOR?
>> WELL IF NOT WE WILL MOVE ONTO THE NEXT AGENDA ITEM THAT IS COMMITTEE REPORTS. ANYBODY FROM THE ARCHITECTURAL REVIEW COMMITTEE DID NOT MEET THIS LAST MONTH. OKAY. LET'S SEE. IS THERE
ANY OLD BUSINESS THAT COME BEFORE US TODAY. >> THERE IS NO OLD BUSINESS.
>> IS THERE ANY NEW BUSINESS? >> THERE IS NO NEW BUSINESS. >> ALL RIGHT. WELL IS THERE ANY
[8. OTHER BUSINESS]
OTHER BUSINESSES? >> SECRETARY BROOKS. WOULD YOU LIKE AN ANOTHER BUSINESS SECTION
HERE OR DO YOU WANT TO. >> SURE IF YOU DON'T MIND. THIS IS MAYBE PREMATURE IN THAT I MUST SERVE UNTIL REPLACED BUT I GOT A PHONE CALL FROM THE MAYOR THE OTHER DAY WHO I HAD EXPRESSED INTEREST ON SEVERAL OCCASIONS ABOUT GETTING INVOLVED MORE WITH VETERANS AND MILITARY FAMILIES HERE IN THE CITY BEING RETIRED AIR FORCE OFFICER MYSELF AND HAVING SPENT 25 YEARS WITH MY FAMILY IN THE REGULAR AIR FORCE I HAVE A LOT OF EXPERIENCE I THOUGHT I COULD BE CERTAINLY NOT ONLY EMPATHETIC BUT SYMPATHETIC TO A LOT OF OUR ISSUES ANY WAY SHE CALLED AND OFFERED THE POSITION ON MAYORS ADVISORY COMMISSION ON VETERANS AND MILITARY FAMILIES AND UNFORTUNATELY I CAN ONLY SERVE ON ONE COMMISSION. SO, I WURZ IF YOU ARE LISTENING MADAME MAYOR I WOULD HAVE GLADE SERVED ON BOTH OF THESE COMMISSION BUT I HAD TO PICK ONE I HAD BEEN HERE FOR 12 YEARS. VERY POIGNIENT. SO, I HAVE TO RESIGN TONIGHT AND I WILL UM, BE 1R5EUB UNTIL ACTUALLY I'M REPLACED. THE FORMAL RESIGNATION WILL OCCUR ONCE A REPLACEMENT HAS BEEN FIGURED OUT AND YOU WILL CONTINUE TO SERVE AND WE WILL HAVE A CEREMONY COMMEMORATING
MR. SECRETARY BROOKS. >> THANK YOU VERY NICE OF YOU. >> I DO REMEMBER THERE WAS A POINT WHERE BILL AND I WERE THE TWO YOUNGSTERS ON THE REDEVELOPMENT COMMITTEE.
[00:10:06]
>> WE CERTAINLY WERE. TONIGHT INTELLECTUALLY BELIEVE OR IT NOT FINISHES UP THE FULL 12TH YEAR NEXT MEETING WILL BE THE BEGINNING OF MY 13TH YEAR.
MATT SNYDER IS THE LEAD ON THAT COMMISSION AND I HAD SOME GREAT CONVERSATION WITH HIM FOR MAYBE AN HOUR ON MY WAY DRIVE BACK FROM MICHIGAN THIS PAST WEEKEND THEN I MET WITH HIM ON MONDAY AFTERNOON BEFORE THE COUNCIL MEETING. GREAT GUY. REALLY ENJOYED HIM AND HE'S WELCOMING
ME TO THE COMMISSION. SO, I'M EXCITED TO GET INVOLVED. >> WELL THE COMMISSION'S GAIN IS OUR LOSS. WE HAVE APPRECIATED YOUR 12 YEARS OF SERVICE AND INSIGHTS AND EXPERTISE, WE ALSO HAVE QUITE A BIT OF BACKGROUND IN VETERAN MATTERS AND VETERAN FAMILIES THAT SORT OF THING SO WE CAN UNDERSTAND. AND WE WISH YOU WELL GOD SPEED WHEN THAT TIME COMES SAY A FEW NICE THINGS
AND NOT SO NICE THINGS. [AUGHTER]. >> THANK YOU FOR YOUR SERVICE.
>> MR. CHAIR MAY I? I WILL NOT TAKE IT PERSONALLY THAT I JOINED AND YOU ARE LEAVING [LAUGHTER].
>> THAT IS ONE OF THE BIGGEST LOSS LOOKING FORWARD TO ENJOYING GOOD URBAN STORIES.
>> WE CAN STILL DO THAT. I WOULD LIKE TO BE INVOLVED. I WOULD LIKE TO SAY OUR LOSS IS THIS GAIN AND I THINK THAT COMMITTEE COMMISSION THAT MATT RUNS IS REALLY EXCITING AND I THINK YOU
WILL ADD SO MUCH TO IT. >> YEAH. REALLY LOOKING FORWARD TO IT.
>> WISH YOU THE BEST OF LUCK OVER THERE. >> THANK YOU.
>> WELL IS THERE ANY OTHER BUSINESS COME BEFORE US? I HOPE NOBODY ELSE LEAVING AT THE
MOMENT. NO OTHER BUSINESS NO TIME. >> OKAY. NO ONE ELSE GETS TO LEAVE. WELL AGAIN THANK YOU ALL FOR AND BEFORE WE CLOSE ANY COUNCIL ANYTHING THAT HAS COME OUT OF THE STATE LEGISLATURE WE NEED TO BE AWARE OF? REGARDING REDEVELOPMENT COMMISSION.
>> BEFORE YOU START THE ANSWER IS CERTAINLY YES I THINK AT THIS POINT A LOT OF IT IS KIND OF DISTILLING IT WORKING THROUGH ESPECIALLY WITH FINANCIAL ADVISORS BECAUSE A LOT OF THESE ARE TECHES CHANGES AND GUIDANCE THAT'S BEEN PASSED. SO, IN WORKING WITH THEM, WE GOT TO KIND OF HUDDLE UP AND DETERMINE WHAT THOSE LOOK LIKE AND PASS THOSE ALONG TO YOU SO YOU KNOW OUR THOUGHTS. I DON'T KNOW. MIKE HAS HAD A CHANCE TO LOOK IT IT ALSO.
>> I WILL JUST SAY LOOK THIS IS SOMETHING THAT MAYOR FINCUN KEEPS AN EYE ON. THIS IS SOMETHING SHE TRACKS THIS IS SOMETHING TRACKED BY THE CITY'S LOBBYISTS OLIVER AND SOMETHING THAT MIKE AND NICK AND ZACH AND I HAVE ALL BEEN TRACKING THERE IS CHANGES TO THE T IF WE HAVE BEEN MODELLING OUT. THERE ARE SOME HITTING THAT MULTIFAMILY PROPERTIES WILL TAKE. THERE ARE CERTAINLY HITS FOR SALE PROPERTIES WILL TAKE THIS. IS AN EXTENSION OF LAST YEAR'S TAX LAWS. BUT THEN THIS YEAR THERE ARE SOME SLIGHT BENEFITS LIKE RESUME DENTUA THINGS, SOME POSITIVE THINGS THAT ARE HAPPENING, BUT THIS IS SOMETHING THAT REDEVELOPMENT STAFF SPEND TIME ON ESPECIALLY DURING THIS LEGISLATIVE CYCLE, LITERALLY EVERY DAY, NOT JUST BETWEEN OUR TEAM, BUT MIKE AND I ARE BOTH ACTIVE MEMBERS OF THEIR REDEVELOPMENT ASSOCIATION OF INDIANA THAT'S RUN UNDER AIM ADVANCING INDIANA MUNICIPALITIES, THOSE PEOPLE TALKING WITH THE STATE AND LOBBYING ON BEHALF OF CITIES ALL THE TIME, SO WE ARE VERY MUCH IN TUNE WITH WHAT'S HAPPENING. AND VERY OFTEN, PEOPLE WANT TO COME TOCARMEL AND ASK HOW DOES THIS AFFECT YOU BECAUSE OF WE'RE OFTEN EARLY MOVERS ON CONCEPTS RYAN'S FIRM IS INVOLVED, JUST LIKE THE BOND COUNCIL IS INVOLVED LIKE 3450U7BS ADVISORS THAT TOOK UP A LARGE PART OF THE
EARLY PART OF THIS YEAR FRANKLY. >> THANKS FOR THE UPDATE. ANYTHING EMPHASIS FOR THE
[9. EXECUTION OF DOCUMENTS]
GOODENED KNOW AFFAIR OF ALL? IF NOT, WITHOUT OBJECTION DECLARE US TO BE IN ADJOURNMENT 3E7BDING[00:15:01]
EXECUTION OF DOCUMENTS, WE ARE* This transcript was compiled from uncorrected Closed Captioning.