[00:00:09]
>>> GOOD EVENING, EVERYONE. THIS IS A REGULAR MONTHLY MEETING OF THE REDEVELOPMENT COMMISSION. WE ARE HERE IN THE CITY COUNCIL CHAMBERS FOR OUR REGULAR MEETING, AND WE DO HAVE A QUORUMQUORUM OUR MEMBERS PRESENT BOTH HERE IN THE CHAMBERS AND
[1. PLEDGE OF ALLEGIANCE]
ELECTRONICALLY. SO WITH THAT, I'LL CALL OUR MEETING TO ORDER, AND OUR FIRST ORDER OF BUSINESS IS A PLEDGE OF ALLEGIANCE IF YOU'D STAND AND JOIN ME. I PLEDGE 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. THE NEXT ITEM ON OUR
[2. APPROVAL OF MINUTES]
AGENDA IS THE APPROVAL OF THE MINUTES FROM OUR JANUARY MEETING. ARE THERE ANY CORRECTIONS OR ADDITIONS TO THE DRAFT MINUTES THAT WERE PROVIDED TO YOU IN YOUR PACKETS?>> IT'S BEEN MOVED AND SECONDED.
>> WOULD YOU CALL THE ROLL, PLEASE?
>> OKAY. THE MINUTES ARE APPROVED, I THINK.
>> SORRY. I MADE AN AFFIRMATIVE.
[3.a. Cash Flow Report]
AFFIRMATIVE IS I'M HERE. VERY GOOD.WITH THAT, WE WILL NOW MOVE ON TO OUR FINANCIAL MATTERS.
SINCE MR. LEE IS PRESENT, MR. DIRECTOR, I GUESS YOU WILL MAKE THE REPORT.
>> THAT'S RIGHT. OUR END OF MONTH BALANCE OF JANUARY WAS $6.5 MILLION TOGETHER WITH RESTRICTED FUNDS. THAT PUTS US AT $18 MILLION.
[3.b. Approval of Claims]
I ALSO HAVE APPROVAL OF CLAIMS FOR YOU TODAY.>> YES. WE HAVE TWO SETS OF CLAIMS TO BE APPROVED. NON- OPERATING EXPENSES OF $40,695.32, AND WE HAVE 2021 LIT BOND CLAIMS OF
$2,384.25. >> THANK YOU, MR. DIRECTOR.
APPROVAL OF THE CLAIMS, GENTLEMEN?
>> NO. IF IT'S YOUR PLEASURE, THE CHAIR WOULD THEN ENTERTAIN A MOTION OF
>> THANK YOU, COMMISSIONER BROOKS.
>> SECOND. >> IT'S BEEN MOVED AND SECONDED. MARIANA, WOULD YOU PLEASE CALL THE ROLL FOR US? YES.
[4. EXECUTIVE DIRECTOR REPORT]
>> IT IS APPROVED. THANK YOU VERY MUCH, GENTLEMEN.
WE WILL NOW MOVE ON TO OUR EXECUTIVE DIRECTOR'S REPORT, MR. DIRECTOR? OKAY. THANK YOU, GEORGE.
WE HAVE A SHORT AGENDA TODAY, NO ACTION ITEMS. SO REALLY THIS REPORT IS IT FOR THE DAY.
CONTINUING PROGRESS GOING ON AT THE REN AND THE WINDSOR BUILDING AND THE REN WAS IN THE NEWSPAPER TODAY. IT WAS MENTIONED THAT IT ALREADY HAS 26,000 SQUARE FEET AND IT'S ALSO TAKEN UP AN ADDITIONAL 15,000 SQUARE FEET IN THE REN BUILDING. SO IT GOES TO SHOW THAT THE DEMAND FOR HIGH- END OFFICE EXISTS HERE AND CONTINUES TO GROW IN CARMEL.
IT'S NICE TO SEE INDUSTRIOUS EXPANDING.
CARMEL IS ONE OF THE MOST SUCCESSFUL LOCATIONS ACROSS THE COUNTRY. AS YOU CAN TELL BY THE EXPANSION. SQUARE NORTH IS STARTING CONSTRUCTION ACTIVITIES ALTHOUGH YOU WILL NOT SEE MANY CONSTRUCTION ACTIVITIES LIKE TODAY. NEVERTHELESS, IT'S CLOSED ON ALL ITS BONDS AND ENCLOSED ON ALL ITS LENDINGS AND CURRENTLY MOVING
FORWARD. >> CARMEL CONTINUES LEASING OUT,
[00:05:03]
THERE IS A SUSHI PLACE AND A THAI PLACE THAT I'M HOPING TO TRY. SIX SQUARE CONDOS IS MOVING THROUGH ITS APPROVALS PROCESS THROUGH THE CITY, BUT IT IS CLOSED ON LAND AND IT IS -- AGAIN, WE ARE PROBABLY WAITING FOR A LITTLE BIT WARMER WEATHER FOR FULL CONSTRUCTION MOBILIZATION, BUT THE PROJECTION IS MOVING ON. THE CROSSING CONTINUES TO BUILD THAT OTHER PUBLIC HEADQUARTERS AND IT'S LOOKING REALLY GOOD. LOOKING FORWARD TO THOSE RETAIL ANNOUNCEMENTS. 1933 LOUNGE AND THIS BUILDING IS EXPECTED TO OPEN, I BELIEVE, IN MARCH, SO THAT WILL BE A GOOD CELEBRATION FOR US.IT CONTINUES ITS PROGRESS. IT STARTED BUILDING THE APARTMENT PORTION AND THERE'S SOME STICKS NOW ON SITE WHERE IT USED TO BE JUST A CONCRETE GARAGE, AND A LOT OF PROGRESS IS COMING ALONG AT THE AT&T SITE WITH THE MULTI- FAMILY ADJACENT TO IT RISING P. FINALLY, WE CONTINUE WORKING BEHIND THE SCENES SCENES MOVE ALONG THE PLAZA TOWARD APPROVALS AND SAME WITH THE CHRISTENIUM THREE. WITH THAT I CONCLUDE THE REPORT AND I CAN ANSWER QUESTIONS.
>> THE PLAZA IS THE ROUNDABOUT THAT IS ON MAINE AND FOURTH. THAT'S WHERE FOURTH IS NOT YET THIRD STREET, BUT SOON BECOMES THIRD STREET.
THAT IS DIRECTLY ADJACENT TO SAVOR AND THE BUILDING NEXT TO IT AND THE SITE PLAN AND THE BOTTOM LEFT, THAT IS THE SAVOR PATIO.
THERE'S THE STEWART JOHNSON ART PIECE OF A WOMAN HOLDING A BASKET AND RIGHT NOW THEY ARE FOUR PROPERTIES THAT ARE IN ROUGH SHAPE. THIS WAS APPROVED BY THE COMMISSION AND IS IN DESIGN NOW AND HOPEFULLY CONSTRUCTION STARTS IN A FEW MONTHS.
>> OTHER QUESTIONS, GENTLEMEN? BILL?
[5. COMMITTEE REPORTS]
ANY QUESTIONS?>> VERY GOOD. WELL, THANK YOU FOR YOUR REPORT.
WE'LL NOW MOVE ON TO THE COMMITTEE REPORTS AND ARCHITECTURAL REVIEW COMMITTEE, ANYTHING
TO REPORT? >> MR. PRESIDENT, WE DIDN'T MEET THIS PAST MONTH.
VERY GOOD. WELL, IS THERE ANY OLDER OR NEWNEW BUSINESS TO COME BEFORE US THIS
EVENING? >> THERE'S NOT ANYTHING ELSE FOR THIS MEETING.
IT'S QUITE A MONTH AND NOT MUCH HAPPENS WHEN THE WEATHER IS 19 DEGREES. SO I HOPE TO HAVE BETTER UPDATES FOR YOU NEXT MONTH.
>> WELL, VERY GOOD. WELL, THERE BEING NO
[9. EXECUTION OF DOCUMENTS]
ADDITIONAL BUSINESS, WITHOUT OBJECTION I WILL DECLARE US TO BE ADJOURNED PENDING THE EXECUTION NAMED DOCUMENTS THAT'S NECESSARY AND BILL, ENJOY YOUR LOVELY WEATHER IN FLORIDA.>> THANK YOU, BILL. WE'LL SEE YOU SHORTLY.
>> WE APPRECIATE IT. WE ARE ADJOURNED.
* This transcript was compiled from uncorrected Closed Captioning.