[00:00:09]
>> EVERYBODY, IT SEEMS LIKE THE AUDIO IS BACK ON AND WE ARE ALREADY TO GO. WE WILL BE STARTING NOW . IF WE ARE ALL
READY TO GO. >> ANY FIRES DOWN WHERE YOU ARE? OR ARE YOU STAYING AWAY FROM THEM?
>> IT IS ALL IN L.A. NO PROBLEM HERE.
>> I KNOW THAT THEY HAD SOME CARS IN SAN DIEGO -- SOME FIRES
IN SAN DIEGO A YEAR OR TWO AGO. >> MUCH WARMER HERE THAN IN
INDIANAPOLIS. >> IT IS 6:30. I WILL GO AHEAD . WE DO HAVE A QUORUM OF OUR MEMBERS PRESENT. I WILL DECLARE THE MEETING TO BE OPEN. THIS IS OUR REGULAR MONTHLY MEETING OF
[1. PLEDGE OF ALLEGIANCE]
THE CARMEL REDEVELOPMENT COMMISSION AND WE ARE HERE IN CITY COUNCIL CHAMBERS. THE FIRST ORDER OF BUSINESS, IF YOU WOULD JOIN ME IN THE PLEDGE OF I PLEDGE ALLEGIANCE ALLEGIANCE.TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH IT STANDS ONE NATION UNDER GOD INDIVISIBLE WITH LIBERTY AND JUSTICE FOR ALL.
>> THANK YOU. OUR NEXT ORDER OF BUSINESS THIS EVENING AS THE
[2. ELECTION OF OFFICERS]
ELECTION OF OFFICERS. THE FLOOR IS OPEN FOR NOMINATIONS FORPRESIDENT. >> I WILL NOMINATE BILL HAMMER
>> MOVED AND SECONDED. HEARING ON . PLEASE CALL THE ROLE.
>> PRESIDENT HAMMER , VICE PRESIDENT BOWERS, SECRETARY BROOKS . SECRETARY BROOKS. ARE YOU THERE? WE WILL COME BACK TO
YOU. COMMISSIONER SCHALLIOL. >> YES. THANK YOU. SECRETARY BROOKS. IS YOUR MICROPHONE ON ?
>> IT IS ON NOW. >> I COULD NOT HEAR ANYTHING
FROM YOU GUYS. >> PRESIDENT HAMMER, COULD YOU
REPEAT PLEASE. >> THE PROPOSAL IS TO MAKE CURRENT PRESIDENT HAMMER CONTINUE TO SERVE IN THE ROLE OF PRESIDENT. VERY GOOD. THANK YOU. WE WILL OPEN THE FLOOR FOR
NOMINATIONS FOR VICE PRESIDENT. >> I NOMINATE DAVID BOWERS.
>> SECOND. >> ARE THERE ANY OTHER NOMINATIONS FOR VICE PRESIDENT? THEREFORE WOULD YOU CALL THE
ROLE? >> PRESIDENT HAMMER. VICE
>> COMMISSIONER SCHALLIOL . >> AYE.
>> COMMISSIONER AASEN. ONCE MORE .
>> CAN YOU HEAR ME? >> RAISE YOUR HAND.
>> IT IS A CITY LIFE TOP. >> VERY GOOD.
>> WE WILL OPEN THE FLOOR FOR NOMINATIONS FOR THE SECRETARY OF THE REDEVELOPMENT COMMISSION.
>> I NOMINATE BILL WORKS. >> ARE THERE ANY OTHER
NOMINATIONS FOR SECRETARY >> SECOND. MOVED TO CLOSE
[00:05:03]
NOMINATIONS. >> THANK YOU. WILL YOU CALL THE
>> AYE. >> VICE PRESIDENT BOWERS.
>> AYE. >> COMMISSIONER SCHALLIOL.
>> AYE. >> COMMISSIONER AASEN.
>> AYE. >> THANK YOU FOR ELECTING ME.
[3. APPROVAL OF MINUTES]
LET'S GET ON OUR WAY. OUR NEXT MATTER IS THE MINUTES OF DECEMBER 18. ARE THERE ANY CORRECTIONS TO THE MINUTES THATWERE PROVIDED. >> IS THERE A SECOND? MOVED AND SECONDED. PLEASE CALL THE ROLE.
>> VICE PRESIDENT BOWERS. >> AYE.
>> COMMISSIONER SCHALLIOL. >> AYE.
>> COMMISSIONER AASEN, COULD YOU RAISE YOUR HAND? VERY GOOD.
[4.a. Cash Flow Report]
>> THE MINUTES ARE APPROVED. WE WILL MOVE TO FINANCIAL MATTERS.
COULD YOU DISCUSS THE CASH FLOW REPORT.
>> COMMISSIONS WAS $6,143,197 INCLUDING RESTRICTED FUNDS WAS $18,059,234. WE HAVE PAID ALL OF OUR BONDS .
>> VERY GOOD. THANK YOU. WE WILL NOW MOVE ON TO THE
[4.b. Approval of Claims]
APPROVAL OF CLAIMS IF THERE'S NO QUESTIONS ABOUT THE CASHFLOW REPORT. >> WE HAVE TWO SETS OF CLAIMS. ONE FOR NONOPERATING EXPENSES . THE SECOND ONE FROM THE 2021 BONDS IN THE AMOUNT OF $340 . LET ME KNOW IF YOU HAVE ANY
QUESTIONS. >> VERY GOOD. ARE THERE ANY QUESTIONS REGARDING THE APPROVAL OF CLAIMS?
>> I MOVED TO APPROVE. >> IS THERE A SECOND.
>> SECOND. >> THANK YOU, A MISSION OR
SCHALLIOL. >> PRESIDENT HAMMER .
>> AYE. >> VICE PRESIDENT BOWERS.
>> AYE. >> COMMISSIONER SCHALLIOL.
>> AYE. >> I AM LEARNING THE CONTROLS.
[5. EXECUTIVE DIRECTOR REPORT]
>> MR. DIRECTOR, WOULD YOU LIKE TO PRESENT YOUR REPORT.
>> THANK YOU. WELCOME TO OUR JANUARY MEETING OF THE CARMEL REDEVELOPMENT COMMISSION. I WILL FLY THROUGH THE EFFORTS FOR THE PAST MONTH. CITY CENTER IS FINISHING THE BUILDOUT MALE.
THERE ARE SOME COMMERCIAL TENANTS EXPECTED, INCLUDING OPTOMETRISTS. WINDSOR IS ESSENTIALLY DONE. WE SHOULD EXPECT TO SEE CONSTRUCTION ACTIVITIES STARTING THIS MONTH WHEN THE WEATHER IS NOT TRUE DEGREES. THEY ARE FINISHING OUT SOME CONDO SALES. MAGNOLIA IS ON TO THE NEXT SET OF BUILDINGS. HOPEFULLY THIS YEAR WILL BE IN THE CORNER PORTION OF THAT PROJECT FORWARD TO CITY COUNCIL AND THE COMMISSION.
THEY ARE LEASING OUT FINAL RETAIL. THERE'S A NEW SUSHI PLACE THAT IS GOING TO GO IN THERE. WE CLOSED ON THE CONDOS.
THAT IS EXPECTED TO START CONSTRUCTION THIS MONTH AS WELL. THE REPUBLICAN QUARTERS IS FLYING THROUGH. 111 SOUTH RANGE LINE . APRIL IS THE DATE THAT THE 1933 LOUNGE IS EXPECTED TO OPEN. LOTS OF CONSTRUCTION ACTIVITIES . NICE TO SEE THE ARCHITECTURE IF YOU HAVE NOT DRIVEN AROUND THERE LATELY. THIS COMMISSION , THE COUNCIL HAS SEEN THIS PROJECT
[00:10:02]
SO WE ARE WORKING THROUGH THIS NOW. IT IS RECEIVED ALL OF ITS PLANNING APPROVALS. FINALLY, WE ARE WORKING BEHIND THE SCENES ON PRESIDIUM THREE TAKING A LAND VACATION THERE LATER THIS YEAR. WITH THAT, THAT CONCLUDES THE REPORT. WE HAD A GOOD MEETING LAST TIME AND IT'S OFF TO THE RACES, JUST NOT WHAT IT IS 3 DEGREES OUTSIDE. WITH THAT, I'M HAPPY TO ANSWER ANYQUESTIONS. >> ARE THERE ANY QUESTIONS REGARDING THE EXECUTIVE DIRECTORS REPORT? SEEING NONE , WE WILL MOVE ON TO THE NEXT ORDER OF BUSINESS WHICH IS THE COMMITTEE REPORTS. COMMISSIONER BROOKS, ANYTHING TO REPORT FROM THE ARCHITECTURAL REVIEW COMMITTEE?
>> NO SIR, MR. PRESIDENT. WE DID NOT MEET THIS LAST MONTH.
>> THANK YOU. WITH THAT WE WILL MOVE ON TO OLD BUSINESS.
[8.a. Action Item #1 – Resolution 2025-01 re: Revised Clay Terrace Interlocal Agreement]
>> THERE IS NOT OLD BUSINESS. THERE IS JUST SEMI-NEW
BUSINESS. >> THANK YOU. WE WILL MOVE ON TO NEW BUSINESS. THE FIRST ACTION ITEM HIS RESOLUTION 20 2501 . THAT IS THE REVISED CLAY TERRACE INTERLOCAL AGREEMENT.
IF YOU RECALL I BELIEVE WE APPROVED THIS LAST MONTH AND IT WAS BEING APPROVED BY THE COUNTY AS WELL AS THE CITY COUNCIL. THERE WAS AN AMENDMENT TO THIS .
>> TO PROPERLY KICK THIS OFF THIS IS THE CLAY TERRACE INTERLOCAL AGREEMENT. THIS PROTECTS THE BOND AND ALLOWS THE CITY CONTROL ITS OWN DESTINY. IT ALLOWS THE PARCELS ON THE EAST SIDE AND WEST SIDE . THE COUNTY REDEVELOPMENT COMMISSION AND US WENT FIRST AND THE FORM OF THE INTERLOCAL AGREEMENT ITSELF. THERE WAS A SLIGHT CHANGE IN THE INTERLOCAL AGREEMENT THAT NEEDED TO BE FIXED . SPECIFICALLY THE INTENTION WAS FOR THE PHONE -- FUNDS COLLECTED IN THE CITY TIF AREAS FOR WHICH THE COUNTY IS IN AGREEMENT TO BE USED FOR THAT SERVICE ALONG WITH 1/46 STREET. THEY HAD THAT FOR ONE OF THOSE AREAS BUT NOT THE OTHER THE OTHER CAN BE USED FOR DEBT SERVICE. THAT AGREEMENT, THE CORRECT AGREEMENT WHICH IS WHAT WAS APPROVED BY THE COMMISSIONERS AND CITY COUNCIL.
SO WE ARE TRUING THIS UP WITH A COUPLE OF CHANGES BUT ESSENTIALLY THE SAME. HENCE WHY THIS IS A KIND OF NEW, KIND OF NOT ISSUE. I WOULD LIKE TO ANSWER ANY QUESTIONS.
>> THANK YOU. ARE THERE ANY QUESTIONS REGARDING THE AMENDMENT TO THE INTERLOCAL AGREEMENT THAT IS BEFORE US
THIS EVENING. SEEING NONE, -- >> MR. PRESIDENT?
>> GO AHEAD. >> I JUST WANTED TO ADD THAT COUNCIL HAS HAD TREMENDOUS SUPPORT. THE DIRECTOR DID A GREAT JOB ALLOWING IT TO PASS ON FIRST READING.
>> THANK YOU, COMMISSIONER. ARE THERE ANY OTHER QUESTIONS OR
COMMENTS? >> I WOULD LIKE TO MOVE TO
APPROVE RESOLUTION 2025-01. >> IS THERE A SECOND?
>> I WILL SECOND. >> THANK YOU. I BELIEVE THAT WAS COMMISSIONER SCHALLIOL. WOULD YOU PLEASE CALL THE ROLE.
>> VICE PRESIDENT HOURS. >> AYE.
[8.b. Action Item #2 – Approval of engagement letter with Wallack Somers & Haas]
>> THANK YOU. >> IT IS APPROVED. WE WILL MOVE ON TO THE NEXT ACTION ITEM NUMBER TWO WHICH IS APPROVAL OF THE ENGAGEMENT LETTER WITH OUR ATTORNEYS FOR LEGAL SERVICES
FOR 2025. MR. DIRECTOR. >> THANK YOU. FOR ANYONE FROM OUR FRIENDS AT THE HISTORICAL SOCIETY THAT ARE LISTENING I
[00:15:03]
THINK WE CAN GIVE AN OVERVIEW OF THE REDEVELOPMENT BY SAYING AT SOME POINT THE CITY WAS FOUNDED AND AT SOME POINT LATER THE REDEVELOPMENT COMMISSION WAS INSTITUTED AND WE WERE IMMEDIATELY APPOINTED AS ATTORNEYS. EVERYTHING THAT HAS HAPPENED SINCE IS PARTLY BECAUSE OF THAT. THE INSTITUTIONAL KNOWLEDGE OF THE STRUCTURES OF THE PROJECTS THAT WE DO IS FRANKLY INVALUABLE. HAVING 20 YEARS OF THOSE FILES THAT SOMEBODY THAT'S WORKED ON THEM FOR THAT LONG, I HAVE GRAY HAIR BECAUSE OF IT, THE IMPORTANCE OF THAT CANNOT BE OVERSTATED. WE DO NOT INCREASE THE FEES EVERY YEAR. WE MAKE THEM COME BACK EVERY TWO YEARS. THIS IS A REQUEST TO INCREASE TOP PARTNER RATES BY $50 WHICH IS A SMALL INCREASE. THE STAFF ARE 100% SUPPORTIVE TO CONTINUE TO USE THE SERVICES TO MOVE OUR REDEVELOPMENT FORWARD. I AM HAPPY TO ANSWER ANY QUESTIONSAS I AM SURE RYAN IS. >> ARE YOU SAYING HE WAS PART OF THE ORIGINAL FOUNDING BASICALLY?
>> OF COURSE HE DID NOT HAVE GRAY HAIR AND WAS WEARING KNEE PADS AT THE TIME. COMMISSIONERS, QUESTIONS REGARDING THE ENGAGEMENT? SEEING NONE, IF IT IS YOUR PLEASURE I WOULD LIKE EMOTION OF APPROVAL.
>> MOVED TO APPROVE. >> IS THERE A SECOND.
>> I WILL SECOND. >> MARIANA, WILL YOU CALL THE
>> AYE. >> VICE PRESIDENT BOWERS.
>> AYE. >> SECRETARY BROOKS. .
>> THANK YOU. WE LOOK FORWARD TO WORKING WITH YOU FOR ANOTHER
YEAR. >> THANK YOU VERY MUCH. IT'S A WONDERFUL RELATIONSHIP . OUR LONGEST TENURED CLIENT THAT THE FIRM HAS. CERTAINLY THE MOST IMPORTANT. THANK YOU ALL. WE LOOK FORWARD TO ANOTHER YEAR OR TWO.
>> VERY GOOD. MR. DIRECTOR, IS THERE ANY OTHER BUSINESS TO
[10. EXECUTION OF DOCUMENTS]
COME BEFORE THE COMMISSION? >> THERE IS NOT.
>> THE NEXT REGULAR MEETING IS SCHEDULED FOR WEDNESDAY , FEBRUARY 19, HERE IN CITY COUNCIL CHAMBERS AT 6:30 P.M.
WITHOUT OBJECTION, THE CHAIR WILL DECLARE US TO BE AN ADJOURNMENT
* This transcript was compiled from uncorrected Closed Captioning.