[1. PLEDGE OF ALLEGIANCE]
[00:00:09]
>> WE HAVE A QUORUM OF OUR MEMBERS PRESENT, SO I WILL CALL ARMOR MEETING AND ASK EVERYONE TO STAND AND JOIN ME IN THE PLEDGE OF ALLEGIANCE.
>> I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH IT STANDS ONE NATION
[2. APPROVAL OF MINUTES]
UNDER GOD INDIVISIBLE WITH LIBERTY AND JUSTICE FOR ALL.>> THANK YOU VERY MUCH. WITH THAT WE MOVE ON TO OUR NEXT BUSINESS, THE APPROVAL OF THE MINUTES FROM OUR A ROLE MEETING. IS THERE ANY CORRECTIONS TO THE MINUTES WERE PROVIDED TO YOU IN YOUR PACKETS?
[3.a. Cash Flow Report]
>> IT HAS BEEN MOVED AND SECONDED. ALL IN FAVOR PLEASE
>> ANY OPPOSED? WE WILL MOVE ON TO FINANCIAL MATTERS MR. LEE .
>> THANKED ME. >> THE END OF MONTH BALANCE FOR APRIL WAS $7,542,144 PER INCLUDING THE RESTRICTIVE FUNDS
IT WAS $15,443,177 AND >> THANK YOU MR. LEE. ANY
[3.b. Approval of Claims]
QUESTIONS REGARDING THE CASH? NONE, WE WILL MOVE ON TO OUR APPROVAL OF CLAIMS AND ONCE AGAIN, MR. LEE.>> FIRST FROM NOT -- >> YOU MIGHT IT WOULD BE GOOD TO EXPLAIN REALLY JUST ONE THAT IS REMAINING, THE 2021 BONDS.
WE THOSE SEPARATELY'S SO EVERYONE KNOWS WHICH BUCKET
EACH FROM. >> THANK YOU VERY MUCH.
>> GENTLEMEN, IF IT IS YOUR PLEASURE THE APPROVAL FOR THE
[4. EXECUTIVE DIRECTOR REPORT]
>> MOVED AND SECONDED, ALL GOT NEW CHAIR.
>> I KNOW. WOULD YOU CARE TO GIVE YOUR UPDATE ON PROPERTIES,
PLEASE? >> SURE. FIRST OF ALL, HELLO.
IT IS LOVELY TO SEE YOU. I APOLOGIZE THAT I COULD NOT BE IN TODAY ALTHOUGH THE CLICK I AM. I WILL JUST GIVE A QUICK RUNDOWN OF WHAT GOING ON. IN TERMS OF REDEVELOPMENT. CITY CENTER CONTINUES TO MAKE INCREDIBLE PROGRESS IT IS ONE OF MY FAVORITE
[00:06:28]
THE SOCIETY BUILDING PROJECT LED BY THE TOWNSHIP DID WE HAVE BEEN GOING TO A LOT OF THOSE MEETINGS MAKING SURE IT LOOKS AS GOOD AS IT CAN. WITH THAT , THAT IS PROBABLY A GOOD SUMMARY OF OUR PROGRESS . ANOTHER THING I WANT TO MENTION IS THAT THE CITY PUT OUT A PRESS RELEASE ABOUT HOW THE SCULPTURE IN FRONT OF THE SCHOOL , THE HEAD WITH THE THOUGHTS IS BEING INFORMED BY STUDENT PARTICIPATION. STUDENTS HAD SUBMITTED OUR POETRY AND OTHER ARTISTIC EXPRESSION AND ARTIST HAVE INCORPORATED THAT INTO ROUNDABOUT ART. I EXPECT WE WILL SEE ARTICLES ON THAT COMING SOON. IT WILL BE GREAT TO SEE THAT KIND OF STUDENT INVOLVEMENT IN OUR ROUNDABOUT ART PROJECT AS WE FINISH THOSE UP. WITH THAT, I AM HAPPY TO ANSWER ANY QUESTIONS WITH THE COMMISSION.>> YES, THANK YOU. I KNOW RIGHT NOW THE PARK IMPACT ORDINANCE IS COMING BACK FROM COMMISSION TO COUNSEL . IT IS PROBABLY TOO EARLY NOW. MAYBE WHEN EVER YOU FEEL LIKE EITHER WITH THE COUNCIL PASSES OR SOMETHING WILL YOU GIVE THE CRC AN UPDATE ON HOW THAT MIGHT CHANGE ANYTHING ? WHETHER IT COMES TO ACCOUNTING OR ANYTHING ON OUR LEVEL?
>> I WOULD BE HAPPY TO DO THAT AT THE NEXT MEETING, COUNSELOR, ONCE WE HAVE THE FINAL VERSION OF THAT
>> THANK YOU. >> ONE OTHER UNRELATED QUESTION . THE PROJECT AT 126 IN TOWN, THE ALL RENTAL HOUSING PROJECT HAVE A HEARING THE OTHER NIGHT. ARE WE INVOLVED IN THAT ? IS
NOT A PART OF OUR PROCESS? >> AS OF TODAY, WE ARE NOT INVOLVED. I KNOW THAT MEETING GARNERED A LOT OF , ABOUT 600 NEIGHBOR SHOWED UP TO THAT. I WAS NOT THERE BECAUSE I DO NOT WANT TO GET ANYONE THE IMPRESSION THAT THE CRC IS
INVOLVED >> FROM WHAT I HEAR, THEY HAVE NOT FILED BUT WE KNEW THAT ALREADY GOING TO THE MEETING THEY MIGHT NOT FILE AFTER THAT MEETING. I CANNOT SPEAK FOR THEM. WHAT WE ARE HEARING IS ANY FILING IS NOT IMMEDIATE AT
THIS MOMENT. >> I HEARD IT WAS PULLED BUT I
DON'T KNOW WHAT THAT MEANS. >> I KNOW THAT REDEVELOPMENT IS INCREDIBLY STRATEGIC ABOUT WHAT PART OF TOWN THOSE PROJECTS ARE IN. WE GENERALLY STAY OUT OF SUBURBAN AREAS AND ONLY FOCUS ON THE CORE WHERE IT IS APPROPRIATE TO HAVE DENSER PROJECTS . THAT PROJECT ON THE WEST SIDE IS NOT RELATED TO REDEVELOPMENT AT THE MOMENT. GOOD QUESTION THOUGH.
[5. COMMITTEE REPORTS]
>> PARDON ME, IF THERE IS NO OTHER QUESTIONS WE WILL MOVE ON TO COMMITTEE REPORTS AND THE ARCHITECTURAL COMMITTEE.
>> WE DID NOT MEET LAST MONTH .
>> OKAY. WITH THAT, WE WILL MOVE ON TO OLD BUSINESS. IS THERE ANY OLD BUSINESS TO COME BEFORE US?
[7.a. Action Item #1 – Resolution 2024-04 re: Intent of TIF Increment]
>> THERE IS NOT. >> WITH THAT, WE WILL MOVE ON TO NEW BUSINESS AND WE DO HAVE ONE ACTION ITEM. RESOLUTION 2024-04, WHICH IS DECLARATION WITH REGARD TO TAX INCREMENTS.
[00:10:05]
MR. LEE, IF YOU WOULD LIKE TO REVIEW THIS WITH THECOMMISSION. >> CERTAINLY. EACH YEAR PRIOR TO JUNE 15TH, REDEVELOPMENT COMMISSIONS IN INDIANA HAVE TO MAKE A FORMAL DETERMINATION OF THE AMOUNT OF TIF THAT THEY INTEND TO RETAIN FOR NEXT YEAR'S BUDGET . WE ALSO HAVE TO NOTIFY ALL THE OTHER UNITS OF THAT DECISION . THIS RESOLUTION STATES THAT WE INTEND TO RETAIN 100% OF OUR TIP FOR NEXT YEAR AND THAT IS WHAT WE HAVE DONE EVERY SINGLE YEAR IN ORDER TO MEET OUR OBLIGATIONS FOR THE NEXT YEAR.
ONCE THIS IS APPROVED , MARIANA AND I WILL WORK ON GETTING OUT THE LETTERS TO ALL THE DIFFERENT TAX AREAS AND LET THEM KNOW THE DETERMINATION BUT
>> QUESTIONS REGARDING BUT TAFF -- TIF TWO
>> I AM IN FAVOR OF IT. IF WE DECIDED WE WERE NOT GOING TO
KEEP 100%, WHERE WOULD IT GO? >> THAT WOULD PROBABLY BE SPLIT BETWEEN THE DIFFERENT TAX UNITS BASED ON HOW MUCH THEY HAVE ON
THE NATURAL TAX AMOUNTS. >> THANK YOU.
>> OTHER QUESTIONS? MR. AASEN, DID YOU -- IF SOMEONE WOULD
LIKE TO MAKE A MOTION. >> I MOVE THAT WE APPROVE IT
>> THANK YOU. IS THERE A SECOND?
>> I WILL SECOND >> IT HAS BEEN MOVED AND SECONDED ALL IN FAVOR PLEASE SAY, AYE PER
>> AYE. >> SAME SIGN IF OPPOSED IT IS APPROVED. THANK YOU VERY MUCH, COMMISSIONERS. LET US LOOK AT THE AGENDA HERE. IS THERE ANY OTHER BUSINESS TO COME BEFORE
US THIS EVENING? >> THERE IS NOT.
>> MR. DIRECTOR, I NOTE THAT MAIN STREET DOWN AROUND THE SIGNATURE AND THAT AREA IS NOW OPEN. YOU CAN NOW GO THROUGH BEAR. DO WE HAVE AN ESTIMATED DATE ON WINFORD AVENUE OVER JUST TO THE WEST OF US MIGHT OPEN UP ?
>> I HAVE TO DEFER TO MY ENGINEERING COLLEAGUES ON THAT ONE. I CAN GET BACK TO YOU ON THAT BUT I DO NOT HAVE -- I AM
NOT SURE. >> THERE IS A LOT OF UTILITY WORK AND OTHER THINGS GOING ON OVER THERE. ANY OTHER BUSINESS TO COME BEFORE US THIS EVENING?
>> JUST A QUICK QUESTION FOR >> MR. BROOKS.
>> MR. DIRECTOR, WHAT IS GOING IN ACROSS THE STREET FROM THE CORNER THERE? 116TH AND RANCH LINE THAT IS THE SOUTHEAST
CORNER. >> THAT IS NOT A REDEVELOPMENT PROJECT BUT I BELIEVE IT WILL BE A STARBUCKS AND A BANK. THAT
IS WHAT I HEARD LAST. >> THANK YOU.
>> WHERE THE OLD SERVICE STATION WAS.
[9. EXECUTION OF DOCUMENTS]
>> OKAY, VERY GOOD. IF THERE IS NO OTHER BUSINESS TO COME BEFORE US, WITHOUT OBJECTION, THE CHAIR WILL DECLARE OUR MEETING TO BE ADJOURNED . SUBJECT TO THE EXECUTION OF DOCUMENTS. THANK YOU, ALL, FOR YOUR DISSIPATION. OUR NEXT MEETING WILL BE HERE ON WEDNESDAY, JUNE 19TH , IN THE CITY COUNCIL CHAMBER AT 6:30 P.M.
* This transcript was compiled from uncorrected Closed Captioning.