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[00:00:04]

>> I WOULD LIKE TO CALL THIS REGULAR MEEK OF THE CARMEL REDEVELOPMENT COMMISSION TO ORDER.

WE DO HAVE A QUORUM OF OUR MEMBERS PRESENT THIS EVENING. MR. BROOKS AND MR. CAMPAGNA ARE WITH US ELECTRONICALLY. AND SO ANYWAY WE'LL PROCEED

[1. PLEDGE OF ALLEGIANCE]

ON. FIRST ORDER OF BUSINESS IS THE PLEDGE OF ALLEGIANCE AND IF YOU WOULD JOIN ME

>> I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA, AND TO THE REPUBLIC -- (FEEDBACK.) FOR WHICH IT STANDS, ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL.

>> THANK YOU VERY MUCH. OUR NEXT ORDER OF BUSINESS

[2. ELECTION OF OFFICERS]

IS THE ELECTION OF OFFICERS. THE CALENDAR YEAR 2020.

-- >> MR. PRESIDENT --

>> YES. >> I WOULD LIKE TO NOMINATE THE FOLLOWING MEMBERS TO SERVE AS OFFICERS.

FIRST I WOULD NOMINATE -- I DON'T KNOW IF WE CAN DO THESE ALL TOGETHER BUT I'M GOING TO MAKE MY STATEMENT.

MR. HAMMER TO SERVE AS PRESIDENT.

MR. BOWERS TO SERVE AS VICE PRESIDENT, AND MR. BROOKS TO SERVE AS SECRETARY TREASURER OR TREASURER.

>> THANK YOU. >> SECRETARY?

SECRETARY. >> SECOND.

>> I MOVE -- >> WE HAVE A SECOND.

>> I MOVE TO CLOSE NOMINATIONS.

>> DO WE HAVE A SECOND? >> YES, SECOND.

>> THANK YOU VERY MUCH. WITH THAT, RACHEL, IF YOU WOULD CALL THE ROLL.

VERY MUCH. WE'LL MOVE ON TO THE APPROVAL OF THE MINUTES OF THE DECEMBER 15 MINUTES R

[3. APPROVAL OF MINUTES ]

THERE CORRECTIONS OR ADDITIONS TO THE DRAFT MINUTES THAT WERE INCLUDED IN YOUR PACKETS? IF NOT THE CHAIR WOULD ENTERTAIN A MOTION OF

APPROVAL. >> MOVE TO APPROVE.

>> THANK YOU, COMMISSIONER. >> SECOND.

>> AND SECONDED BY COMMISSIONER CAMPAGNA, WOULD YOU PLEASE CALL THE ROLL, RACHEL.

>>

>> MINUTES HAVE PASSED. >> THEY ARE APPROVED.

THANK YOU VERY MUCH. WE'LL NOW MOVE ON TO THE

[4a. Cash Flow Report ]

CASH FLOW REPORT AND MR. LEE.

>> THANK YOU, THE COMMISSIONERS' END OF MONTH BALANCE FOR DECEMBER WAS 5,375,254 ARCHED INCLUDING RESTRICTED FUNDS IT WAS 13 MILLION 487,271.

>> ONE QUICK QUESTION, MR. LEE, I ASSUME ALL BOND PAYMENTS WERE MADE ON A TIMELY BASIS.

>> YES, THEY WERE. >> THANK YOU VERY MUCH.

ANY OTHER QUESTIONS OF MR. LEE REGARDING THE CASH FLOW REPORT? SEEING NONE WE'LL MOVE ON TO

[4b. Approval of Claims]

THE APPROVAL OF CLAIMS. ONCE AGAIN MR. LEE.

>> THANK YOU. YOU HAVE THREE SETS OF CLAIMS BEFORE YOUSTON TONIGHT.

ONE FOR NONOPERATING EXPENSES IN AMOUNT OF 354,605 PENALTY 64. THE SECOND ONE IS FOR THE 2021 G.O.BONDS IN THE AMOUNT OF $492,481.49.

FINALLY, CLAIMS FOR THE 2021 TIF BONDS IN THE AMOUNT OF 559,630.80. PLEASE LET ME KNOW IF YOU

HAVE ANY QUESTIONS. >> ANY QUESTIONS FOR MR. LEE REGARDING THE APPROVAL OF CLAIMS? IF NOT, THE CHAIR WILL ENTERTAIN A MOTION OF

APPROVAL. >> MOVE TO APPROVE.

>> THANK YOU, COMMISSIONER. IS THERE A SECOND.

>> SECOND. >> THANK YOU, COMMISSIONER.

IT HAS BEEN MOVED AND SECONDED.

RACHEL, WOULD YOU PLEASE CALL THE ROLL.

PASSED. >> THANK YOU VERY MUCH.

[5. EXECUTIVE DIRECTOR REPORT]

WE'LL NOW MOVE ON TO THE REPORT BY THE EXECUTIVE DIRECTOR. I WOULD ASK HIM THIS EVENING IF HE WOULD TALK ABOUT THE MATTER OF THE PARK IMPACT FEES AS PART OF HIS PRESENTATION.

[PAUSE] >> THANK YOU, EVERYBODY, MET MET, EXECUTIVE DIRECTOR OF THE CARMEL REDEVELOPMENT CONSTRUCTION, IT HAS BEEN A GOOD MONTH.

THE CIVIC SQUARE GARAGE STARTED CONSTRUCTION, THERE IS ALL SORTS OF WORK GOING ON ON THE, THE CORNER SIDE

[00:05:04]

AT RANGE LION IN CITY CENTER FOR THE WREN AND WINDSOR.

WE'RE EXPECTING THE WREN WHICH IS A SEVEN STORY BUILDING IN CITY CENTER TO BE STEERING STEEL THIS MONTH SO WE SHOULD FAIRLY SOON SEE A LARGE, A VERY LARGE FUTURE STRUCTURE THERE WHICH IS GOING TO BE COOL.

OBVIOUSLY LOT ONE WHICH WAS IN THE PAPER YESTERDAY.

SORRY. FIRST ON MAIN IS WHAT IT'S CALLED NOW. MADE THE FRONT PAGE OF THE PAPER I BELIEVE. LOTS OF CONSTRUCTION GOING ON. EARLIER THIS WEEK, OR SORRY, LAST WEEK, LAST WEDNESDAY, WEDNESDAY? THERE WAS A CITY COUNSEL FINANCE COMMITTEE MEETING AND IT LARGELY FOCUSED ON PARK IMPACT FEES AND THE USE OF PARK MANY PACT FEES FOR QUALIFYING EXPENSES BY THE CARMEL REDEVELOPMENT SO I NAH THOUGHT I WOULD GIVE A BRIEF OVERVIEW BECAUSE THERE WAS A NEWSPAPER STORY THAT CAME OUT THAT CAPTURED SOME OF THE CONVERSATION THAT TOOK PLACE BUT NOT ALL OF IT.

ESSENTIALLY THE STATE STATUTE AND LOCAL CITY ORDINANCE ALLOWS FOR DEVELOPERS TO GET A CREDIT FOR PARK IMPACT USES. THE CITY COUNCIL PASSED THE PARK IMPACT FEE ORDINANCE THAT REQUIRES EVERY DEVELOPER TO PAY ESSENTIALLY FIVE GRANT GRAND A UNIT WHETHER IT'S A SINGLE FAMILY HOUSE OR CONDO OR AN APARTMENT. EACH UNIT PAYS ABOUT FIVE GRAND TOWARDS, IN WHAT IS PARK IMPACT FEES.

THERE ARE BASICALLY TWO PLACES THOSE IMPACT FEES CAN GO. IF THE PROJECT IS WITHIN A ZONE IMPROVEMENT PLAN AS PASSED BY THE PARKS DEPARTMENT, IT GOES TO THE PARKS DEPARTMENT.

OR IF A PROJECT IS BEING BUILT OUTSIDE OF A ZONE IMPROVEMENT PLAN, THEN THE BOARD OF PUBLIC WORKS CAN EITHER CHOOSE TO SEND THE MONEY ON TO THE PARKS DEPARTMENT OR IT CAN CREDIT THE FEES TOWARDS A DEVELOPMENT. SO THERE WAS A MEETING IN FINANCE COMMITTEE THAT DISCUSSED WHAT HAS BEEN TAKING PLACE WITH REGARDS TO THE CREDITS WITH THE INVOLVEMENT OF ENGINEERING DEPARTMENT AND THE REDEVELOPMENT COMMISSION. SO ESSENTIALLY FOR ABOUT TWO DECADES PLUS, WE'VE HAD TWO DIFFERENT, ALMOST TWO DIFFERENT PARK SYSTEMS AND TWO DIFFERENT BUILDERS OF PARK SYSTEMS. WE'VE HAD OUR WORLD RECORD WINNING GOLD MEDAL WINNING SUBURBAN PARK SYSTEM THAT TRADITIONALLY WHEN CARMEL DIDN'T HAVE AN URBAN CORE WAS THE ONLY SYSTEM AND THE ONLY BUILDER OF PARKS INFRASTRUCTURE. THAT IS AGAIN OUR GOLD MEDAL WINNING CARMEL PARKS AND RECREATION.

MORE RECENTLY, WE HAVE HAD PARKS INFRASTRUCTURE BUILT IN OUR CENTRAL CORE AND THAT HAS BEEN DONE BY THE CITY EITHER THROUGH THE ENGINEERING DEPARTMENT OR THE CARMEL REDEVELOPMENT COMMISSION.

WE'VE ALWAYS HAD THIS DIVIDE IN TERMS OF WHO BUILDS WHAT INFRASTRUCTURE, AND NEW INFRASTRUCTURE IS THE FOCUS OF THE CONVERSATION BECAUSE THAT IS WHAT PARK IMPACT FEES CAN BE USED FOR. THEY'RE NOT USED FOR OPERATING EXPENSE, FOR EXAMPLE.

THEY'RE USED SOLELY FOR NEW PARKS INFRASTRUCTURE.

WE'VE HAD A GOOD PARTNERSHIP WHERE THE ENGINEERING AND C.R.C.CONTINUES TO BUILD PARKS FREEZING RAIN STRUCTURE IN THE CO-AND OUR SUBURBAN PARKS SUCH AS WEST PARK OR THE BEAR CREEK THAT IS PICTURED IN THAT GRAPHIC ARE THE DOMAIN OF OUR CARMEL CLAY PARKS AND RECREATION.

AND CARMEL CLAY PARKS AND RECREATION HAS NEVER BEEN INTERESTED IN BUILDING PARKS IN THE CORE.

IN FACT THEY PASS A FIVE YEAR PLAN EVERY FIVE YEARS THAT IDENTIFIES WHAT THEIR FOCUS IS GOING TO BE FOR THE NEXT FIVE YEARS IN TERMS OF NEW INFRASTRUCTURE.

I BELIEVE WE'RE IN YEAR ONE AND A HALF OF THEIR NEW PLAN, AND THEIR FOCUS IS WHITE REQUIRE AND -- RIVER AND BEAR CREEK AND WEST PARK SO AGAIN BY THEIR OWN DOCUMENTATION, BY THEIR OWN PLANS, CARMEL CLAY PARKS AND RECREATION IS NOT FOCUSED IN THE CORE.

THE REASON THE RAIL YARD IS PICTURED IS, WHEN THE RAIL-YARD WAS BUILD THE C.R.C.AND ENGINEERING DEPARTMENT WORKED WITH B.P.W.TO CREDIT ABOUT HALF A

[00:10:02]

MILLION DOLLAR OF PARK INPACT FEES THAT CAME OFF THE PROJECT AND USED THE MONEY TO BUILD THE MONON IN FRONT OF THE PROJECT MEANING DOWNTOWN DEVELOPMENT CREATES PARK IMPACT FEES AND THE FEES ARE USED AND PARKS INFRASTRUCTURE ADJACENT TO THE DOWN TOW DEVELOPMENT IN DOWN TOUCH OPPOSED TO, FOR EXAMPLE, USING DOWNTOWN DEVELOPMENTS PARK IMPACT FEES TO FUND SOMETHING LIKE BEAR CREEK WHICH IS A WONDERFUL FUTURE PARK ON THE OUTSKIRTS OF OUR NORTHWEST SIDE.

THIS CONVERSATION THEN SHIFTED TO WHAT HAS THE CITY BUILT, AND I PROVIDED A LIST OF ABOUT $67 MILLION WORTH OF TRULY PARKS INFRASTRUCTURE THAT HAS BEEN BUILT BY THE CITY FUNDED BY EITHER CITY COUNCIL FUNDING ENGINEERING DEPARTMENT TO BUILD IT OR THE C.R.C.BUILDING IT. SO EVERYTHING FROM CENTRAL GREENS THAT ARE PART OF A DEVELOPMENT, LOW PARKS, COURTYARDS, OBVIOUSLY; MIDTOWN URBAN SECTION A GIANT COMPONENT OF THAT. CARTER GREEN, JAPANESE GARDEN, DETENTION CENTER, PALLADIUM LANDSCAPING, THAT -- IT DOESN'T MATTER HOW COLD IT IS OUTSIDE.

SOMEONE IS ALWAYS TAKING PICTURES OUTSIDE THE PALLADIUM LANDSCAPING, PUBLIC BATHROOM, THE LIST GOES ON AND ON. THIS IS AN EXAMPLE OF $67 MILLION WORTH OF PROJECTS FUNDED THAT WOULD BE QUALIFYING PARKS INFRASTRUCTURE FUNDED BY THE CITY EITHER THROUGH ENGINEERING OR THE C.R.C.

THE OTHER POINT WORTH MAKING ABOUT THIS IS THERE IS ALMOST A BIT OF A TEST THAT OCCURS ON REDEVELOPMENT PROJECTS. THE WAY THAT PARKS DEPARTMENT FIGURES IS, THE WAY PARKS DEPARTMENT GUESSES WHAT PARK IMPACT FEES MAY FLOW TO IT THEY COORDINATE WITH THE DEPARTMENT OF COMMUNITY SERVICES.

TRADITIONALLY ON THE EAST AND WEST SIDES IT WAS FAIRLY EASY TO DO. YOU CAN IDENTIFY PLOTS OF LAND WHERE FUTURE TRADITIONAL SUBURBAN NEIGHBORHOOD WOULD GO, AND COMMUNITY SERVICES CAN DO A GOOD JOB WHEN FUTURE DEVELOPMENT WILL BE COMING BID ON CONVERSATIONS THEY'RE HAVING WITH DEVELOPERS.

-- >> BILL BROOKS.

>> IS NOW EXITING. >> THAT IS HOW PARKS HAS ESSENTIALLY GUESSED WHAT IMPACT FEES WOULD BE FORTHCOMING. REDEVELOPMENT PROJECTS ARE A LITTLE BIT DIFFERENT. WITH THE USE OF TAX INCREMENT FINANCING THAT TAX INCREMENT FINANCING ONLY EXISTS BECAUSE THE REDEVELOPMENT COMMISSION USES THOSE FUNDS TO INCENTIVIZE A PROJECT TO HAPPEN FROM SCRATCH. THEREFORE IF THERE WASN'T A PROJECT BEING INCENTIVIZED WITH THE TAX AND FINANCING, THERE WON'T BE TIF IN THE FIRST PLACE.

SO THERE IS A SIMILAR THING HAPPENING HERE FOR REDEVELOPMENT PROJECTS FOR PARK IMPACT FEES.

THE EXAMPLE THAT YOU ARE LOOKING AT, THAT PROJECT GOT A FULL -- I'LL SHOW THE LITT IN A BIT BUT THE PROJECT GOT FULL CREDIT OF PARK IMPACT FEES FOR THE PUBLIC PARK THAT'S THE COURT-YARD IN THE MIDDLE OF THE PROJECT.

THAT PROJECT ONLY EXISTS BECAUSE COUNCIL WAS KIND ENOUGH TO TRANSFER EXISTING PARKING LOTS TO THE REDEVELOPMENT DEPARTMENT. THE REDEVELOPMENT DEPARTMENT HIRED AN ARCHITECT TO PUT THIS PROJECT TOGETHER FROM SCRATCH. THEN MATCHED IT UP WITH A DEVELOPER, NEGOTIATED A DEAL WITH A DEVELOPER.

AND IF NOT FOR SUBSTANTIAL LAND ACQUISITION, IF NOT FOR WORKING THE DEAL, THERE WON'T BE A PROJECT AND THERE WON'T BE PARK IMPACT FEES TO BEGIN WITH.

SO BUT FOR TEST MEANS IT'S A BIT UNFAIR FOR CARMEL REDEVELOPMENT COMMISSION TO COMPLETELY RELY ON FORTH COMING IMPACT FEES FROM REDEVELOPMENT PROJECTS.

OFTEN TIMES THE IMPACT FEES ONLY OCCUR BECAUSE THE COMMISSION HAS WORKED HARD MAYBE SPENT OTHER MONEY TO ACQUIRE LAND. ESSENTIALLY WORK HARD TO PUT THE PROJECT TOGETHER. ALSO OTHER TIMES THAT PROJECT ONLY WORKS BECAUSE THE IMPACT FEES ARE PART OF THE CAPITAL STACK TO MAKE THE PROJECT HAPPEN IN THE FIRST PLACE. DIRECTLY CLIFFED OF THE PARKS DEPARTMENT PUT TOGETHER A LIST OF CREDITS THAT HAVE OCCURRED IN THE LAST FEW YEARS RELATED TO TIF OR SORRY, RELATED TO PARK IMFACT PACT FEES --

[00:15:01]

IMPACT FEES. I WANT TO GO BACK TO THAT BUT I WANT TO KIND OF EXPLAIN -- OKAY.

THERE IS A SLIDE THERE. SO C.R.C.ESSENTIALLY USES TIF IN TWO WAYS. ONE IS IF, SORRY USES PARK IMPACT FEES IN TWO WAYS. ONE IS THEY APPLY THE ENTIRELY OF THE CREDIT TO A PROJECT.

SO ONE EXAMPLE OF THAT IS WHAT WE JUST TALKED ABOUT.

IT'S THE MEL ANG PROJECT. IT HAS A PUBLIC PARK IN THE MIDDLE. THE ENTIRETY OF THE PARK IMPACT FEE CREDIT FROM THE PROJECT WAS USED TO FUND THE PUBLIC PARKS INFRASTRUCTURE THAT EXISTS ON THE SITE SO.

THAT IS AN ENTIRETY OF THE CREDIT USED FOR THE PROJECT ITSELF. THAT IS ONE WAY THAT PARKS, PARK IMPACT FEES ARE USED BY C. R. C. OR ENGINEERING.

THE SECOND WAY THAT PARK IMPACT FEES ARE USED IS IF THE PARK IMPACT FEES ARE NOT ENTIRELY APPLIED TO THE PROJECT, THEY ESSENTIALLY GO INTO A SEGREGATED ACCOUNT LABELED AS SUCH, TRACKED SEPARATELY.

SO THEY COULD BE USED FOR QUALIFYING PARKS INFRASTRUCTURE AT A LATER DATE.

WE KNOW FROM ENGINEERING STUDIES THAT WE'VE DONE THAT THE LAST LEG OF THE MONON, THAT STRETCH ALONG MONON SQUARE THAT EXPANDED MONON IS GOING TO COST US $8 MILLION. SO AT THE VERY LEAST WE KNOW THAT WE HAVE AN UNFUNDED $8 MILLION PARKS INFRASTRUCTURE PROJECT ON OUR HANDS. SO WHEN NOT APPLYING PARK IMPACT FEE CREDIT TO SPECIFIC PROJECTS THEY'VE BEEN GOING IN A SEGREGATED ACCOUNT ESSENTIALLY TO HELP US PAY FOR THIS MAJOR PARKS PROJECT THAT WE KNOW THE PARKS CARMEL REDEVELOPMENT COMMISSION HAS NO INTEREST IN FUNDING. WE KNOW THAT THEY'VE NEVER SHOWN AN INTEREST FOR 20 PLUS YEARS, THEY NEVER REPRESENTED IN THEIR FIVE YEAR PLANS THEY PUT OUT THAT'S AN AREA OF FOCUS THEY'RE EVER GOING TO HAVE.

SO NOW KNOWING THOSE TWO WAYS EITHER FULL CREDIT OR PARTIAL CREDIT, THIS WAS THE LIST OF FEES THAT WAS DISCUSSED. AGAIN THE RAIL-YARD THERE ABOUT $500,000 APPLIED TO THE MONON AND MIDTOWN PLAZA, PROSCENIUM GOT FULL CREDIT FOR THEIR LAWN, GREEN SLASH PARK IN THE MIDDLE OF THEIR PROJECT BUT THEN YOU HAVE OTHER PROJECTS LIKE THE SIGNIFICANT OR THE KENT OR THOSE FEES ARE STORRED IN AN ACCOUNT TO BE USED FOR LATER. SO IN THIS LIST OUT OF THE ABOUT $6 MILLION OF TOTAL CREDITS ISSUED, REALLY THERE'S ABOUT A LITTLE OVER $1 MILLION THAT IS SITTING IN AN ACCOUNT. THE REST HAS BEEN USED FOR EXISTING INFRASTRUCTURE. THE FINAL POINT THAT I, THAT WAS IMPORTANT TO MAKE IS PARKS, THE PARKS DEPARTMENT HAS ESSENTIALLY BEEN BENEFITTING FROM A TOWNSHIP RELATED FUNDING MECHANISM TO FUND A LOT OF THEIR INFRASTRUCTURE FOR THE LAST 20 YEARS.

WE'VE ALWAYS KNOWN THAT THAT MONEY WAS GOING TO RUN OUT AT SOME POINT. PARKS DEPARTMENT DOES, IN FACT, HAVE A LONG-TERM FUNDING PROBLEM THAT THEY'RE WORKING WITH THE TOWNSHIP AND WITH COUNSEL TO RESOLVE.

IT IS EASY TO CONFLATE THESE TWO ISSUES AND POINT THE C.R.C., ENGINEERING'S USE OF PARK IMPACT FEES TO PAY FOR PARKS INFRASTRUCTURE THAT PARKS WAS NEVER GOING TO BUILD IN THE FIRST PLACE AS, YOU KNOW THE SCAPEGOAT FOR FIXING THIS LONG TERM FUNDING PROBLEM BUT THE TWO ISSUES ARE NOT RELATED. PARKS HAS A LONG TERM FUNDING PROBLEM. THAT IS ONE PART AND PARKS DEPARTMENT DOESN'T BUILD PARKS IN THE CENTRAL CORE.

THE C.R.C.USES FEES FROM PROJECT IN THE CENTRAL CORE TO BUILD OUT PARKS INFRASTRUCTURE ADJACENT TO THOSE PROJECTS. WE HOPE THAT TOWNSHIP AND CITY COUNCIL AND PARKS CAN ALL WORK TOGETHER TO FIX PARKS DEPARTMENT'S LONG-TERM FUNDING PROBLEM.

BUT IT SHOULDN'T BE DONE AT THE EXPENSE OF OUR RESIDENTS IN THE CORE WHO ALSO DESERVE TO HAVE GOOD PARKS INFRASTRUCTURE AS WELL. ESSENTIALLY THAT WAS A SUMMARY OF THE C.R.C.'S SIDE OF THE MEETING THAT TOOK PLACE. THE CURRENT PUBLISHED THE ARTICLE ABOUT THIS THIS WEEK.

[00:20:02]

THEY DID NOT AT ALL DISCUSS THE BUT FOR ASPECT OF REDEVELOPMENT COMMISSION AT TIMES GROWING THESE PROJECTS LIKE A BLADE OF GRASS FROM THE GROUND UP FROM SCRATCH TO CREATE THE PARK IMPACT FEES IN THE FIRST PLACE AND DON'T BELIEVE IT FOCUSED AS MUCH ON WHAT TRADITIONALLY PARK IMPACT FEES BEFORE CAME FROM SUBURBAN DEVELOPMENTSED A JAYS DON'T THEM, NOW THERE IS PARK IMPACT FEES BEING USED BY THE C.R.C.AND ENGINEERING TO PAY FOR PARKS INFROM STRUCTURE IN THE CORE THAT OUR PARKS DEPARTMENT HAS NEVER HAD AN INTEREST IN PARTICIPATING IN.

SO THANK YOU FOR THAT. THAT IS ESSENTIALLY THE SUMMARY OF THE MEETING THAT TOOK PLACE LAST WEEK.

>> THANK YOU, MR. DIRECTOR. ANY QUESTIONS OF THE DIRECTOR? COMMISSIONER?

>> THANK YOU, MR. PRESIDENT, THANK YOU, MR. MET MESTETSKY FOR THE GREAT SUMMARY OF WHAT HAPPENED AT THE MEETING, FOR THE PUBLIC COULD YOU GIVE AN UPDATE REGARDING THE ROTARY CLOCK AS IT APPLIES TO THE FIRST MAIN OR WHATEVER WE'RE CALLING IT?

I'M SORRY. >> IT'S CALLED FIRST AND

MAIN. >> FIRST AND MAIN, THANK

YOU. >> I WILL DO THAT.

GO INTO FACEBOOK, EVERYBODY.

AND SHARING A PICTURE BECAUSE I THINK IT HELPS SHOW WHAT WE'RE ALL LOOKING AT.

THIS IS A RECENT REND ERRING OF WHAT FIRST AND MAIN IS GOING TO LOOK LIKE. AND YOU CAN SEE THAT THE PRESENCE OF THE ROTARY CLOCK HAS ONLY BEEN ENHANCED.

IT CONTINUES TO BE A, THE CENTRAL FEATURE OF THE CORNER AND OF THE PUBLIC AREA AT THE CORNER OF THIS PROJECT. AND I'VE, I HAD THE PLEASURE OF SENDING ALL THIS INFORMATION TO OUR WONDERFUL CARMEL ROTARY CLUB. I BELIEVE THEY'VE SHARED THIS INFORMATION WITH THEIR MEMBERS, BUT FOR ANYONE NOT SURE YET, THE CLOCK REMAINS A CENTRAL FEATURE OF THE

CORNER OF MAIN AND RANGELINE >> ANY OTHER QUESTIONS OF

[6a. Finance Committee]

THE DIRECTOR? SEEING NONE WE'LL THEN MOVE ON TO COMMITTEE REPORT. ANY REPORT FROM THE FINANCE

[6b. Architectural Review Committee ]

COMMITTEE MR. LEE. >> NOT THIS MONTH.

>> ANY REPORT FROM THE ARCTIC ARCHITECTURAL REVIEW

COMMITTEE? >> YES, THERE IS?

CAN YOU HAIR ME? >> YES.

>> YES. OKAY.

WE DID MEETING ON THE 12TH, AND WE'VE REVIEWED THE RESIDENTIAL PORTION OF FIRST AND MAIN OF THE PLANS AND ELEVATIONS THEREOF AND WE APPROVED THE DESIGN WITH A FEW MINOR REQUESTS WHICH WILL BE CONTINUED TO BE REVIEWED AND TWEAKED BY THE A.D.L.S.

>> THANK YOU, COMMISSIONER BROOKS, ANY QUESTIONS OF COMMISSIONER BROOKS REGARDING ARCHITECTURAL COMMITTEE? SEEING NONE, WE'LL MOVE ON TO OLD BUSINESS. IS THERE ANY OLD BUSINESS TO

COME BEFORE US THIS EVENING. >> THERE IS NOT.

MR. PRESIDENT. >> ANY NEW BUSINESS TO COME

BEFORE US THIS EVENING? >> NO NEW BUSINESS.

I HOPE TO HAVE SOMETHING FOR YOU NEXT MONTH.

>> ALL RIGHT. OTHER BUSINESS? ANY OTHER BUSINESS, OKAY. WELL, WITH THAT, WITHOUT OBJECTION I'LL DECLARE US TO BE IN ADJOURNMENT UNTIL OUR NEXT MEETING WHICH WILL BE, MIKE, DO WE HAVE A DATE?

>> I BELIEVE IT'S FEBRUARY 16TH.

>> SORRY ABOUT THAT. >> LOOKS LIKE FEBRUARY 16TH. HERE IN THE COUNCIL CLAIM CHAIRMAN PERCENT AT 6:30 -- COUNCIL CHAMBERS AT 6:30.

WITH THAT W

* This transcript was compiled from uncorrected Closed Captioning.