Mar 18, 2024 City Council Meeting 03-18-2024

[1. CALL TO ORDER]

[00:00:54]

THE CITY COUNCIL OF MARCH 18TH, 2024 TO ORDER. WE HAD A

[2. AGENDA APPROVAL]

SO WE WILL BE HAVING TO DO A ROLL CALL VOTE FOR EACH OF OUR VOTES TONIGHT. SO, I WOULD LIKE A MOTION TO APPRVE THE AGENDA.

>> ANY DISCUSSION? ROLL CALL VOTE PLEASE .

>>

>> IN ORDER TO PARTICIPATE REMOTELY AND VOTE FOR MASSES,

THEY HAVE TO HAVE THE VISUAL. >> YOU HAVE THE ABILITY TO GO VISUAL ? THERE SHE IS. CAN YOU SAY AYE ONE MORE TIME?

[3. INVOCATION]

>> AYE. >> 9-0. THANK YOU. MOVING ONTO THE APPLICATION. I WOULD LIKE TO WELCOME PASTOR GAIL FOR CHRISTIAN CHURCH. CAN YOU GO TO THE PODIUM, PLEASE? MAKE SURE

THE RED LIGHT IS ON. >> THANK YOU.

>> THANK YOU. LET US PRAY. OUR LOVING CREATOR, YOU ARE KNOWN BY MANY NAMES , WE COME BEFORE YOU THIS EVENING ASKING YOUR BLESSING ON ALL WHO ARE GATHERED HERE AND THOSE ON WHOSE BEHALF WE SERVE. MAY OUR HEARTS AND MINDS BE OPEN TO ONE ANOTHER. MAY WE EACH BE WILLING TO LISTEN TO THE WORDS BEING SPOKEN AND A DEEPER MEANING BEHIND THEM. MAY WE RECOGNIZE YOUR DIVINE SPARK AND ONE ANOTHER. WE PRAY THAT WE WILL KEEP THE WELL-BEING OF THIS COMMUNITY AT THE FOREFRONT OF ALL THAT WE DO IN THIS PLACE. IT IS AN HONOR AND A PRIVILEGE TO REPRESENT OUR SISTERS AND BROTHERS. MAY WE DO IT WITH INTEGRITY IN THESE MEETINGS AND IN OUR EVERYDAY

[4. PLEDGE OF ALLEGIANCE]

AMEN. >> THANK YOU. IF YOU COULD PLEASE STAND FOR THE PLEDGE OF ALLEGIANCE . TODAY, WE ARE GOING TO BE LED BY EMMA HOSS FROM CHERRY TREE ELEMENTARY.

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

[5. RECOGNITION OF CITY EMPLOYEES AND OUTSTANDING CITIZENS]

>> THANK YOU, EMMA. MOVING ON . NEXT ITEM FIVE, RECOGNITION OF CITY EMPLOYEES AND OUTSTANDING CITIZENS , I WILL TURN IT OVER TO MAYOR FINKELMAN.

>> AT EVENING, EVERYBODY. THERE ARE SOME REALLY GOOD THINGS AND COOL THINGS ABOUT BEING MAYOR. ONE OF THEM IS RECOGNIZING PEOPLE WHO HAVE SERVED OUR COMMUNITY AND IN AN EXEMPLARY WAY. TONIGHT, WE ARE TO HONOR JERRY AND DINA. IF YOU DON'T MIND, COME TO THE FRONT HERE BY TONY. I WOULD APPRECIATE IT. YES, WE WILL PUT YOU ON DISPLAY.

] CAN GIVE CITIZENS IS THE RANGE LION PIONEER WARD. IT IS GOING TO HONOR THE TREMENDOUS AMOUNT OF WORK THAT THEY DO AND HAVE DONE FOR MANY YEARS. THEY WILL FIGHT THE GOOD FIGHT EVERY DAY

[00:05:02]

NEVER SPOKEN HERE BEFORE. I JUST WANT TO SAY THANK YOU.

BEEN A GREAT RIDE. FOR 28 YEARS, I'VE HAD A GREAT RELATIONSHIP WITH THE PRIOR MAYOR AND CURRENT MAYOR AND CITY COUNCIL FOR OVER TWO DECADES. WE DON'T NEED TO TALK THE FIRST COUPLE OF YEARS. WHERE WE HAD A COUPLE OF SPOTS OVER ANNEXATION. BUT, IT'S BEEN GREAT TO REPRESENT THE CITY OF CARMEL AND I APPRECIATE THE STRONG RELATIONSHIP I HAD WITH THE VARIOUS COUNSELORS THAT HAVE COME AND GONE OVER THE YEARS. AND IT'S JUST BEEN A TREMENDOUS HONOR . THERE'S A PART OF ME THAT WISHES I COULD KEEP DOING IT AS LONG AS I'M ALIVE . THANK YOU VERY MUCH.

TO THIS COMMUNITY AND THE COUNSELORS AT HERE. MANY OF THEM, I KNOW VERY WELL. I REALLY APPRECIATE THE THINGS THAT YOU HAVE DONE TO SUPPORT ME. AT MY WORK. IT HAS BEEN , AS JERRY SAID, BEEN AN HONOR TO HAVE THIS POSITION. IT'S SOMETHING THAT IS VERY HUMBLING . WHEN YOU WALK IN THAT BUILDING, IT'S LIKE THE WEIGHT -- THE AREA IS ON YOUR SHOULDERS . YOU APPRECIATE , I APPRECIATE EVERY DAY I HAVE BEEN DOWN THERE. AND IT'S BEEN GREAT TO WORK WITH YOU. IT'S BEEN GREAT TO WORK WITH MAYOR BRAINARD. THIS COMMUNITY IS SPECIAL. I HOPE YOU KNOW THAT. EVERYBODY KNOWS THAT. I DO, AND I APPRECIATE IT VERY MUCH. THANK YOU FOR THIS TONIGHT.

APPLAUSE ]

[6. RECOGNITION OF PERSONS WHO WISH TO ADDRESS THE COUNCIL]

WHEN I CALL OUT YOUR NAME, PLEASE GO TO THE PODIUM. HE WILL HAVE THREE MINUTES TO SPEAK. IF YOU COULD , STATE YOUR NAME AND ANY GROUP THAT YOU REPRESENT. IF YOU REPRESENT A GROUP. YOU WILL GET THREE MINUTES, AND YOU WILL SEE THE GREEN LIGHT, YELLOW LIGHT. THE GREEN LIGHT WILL COME ON FOR THREE MINUTES. WHEN YOU GET WITHIN 30 SECONDS OF YOUR TIME RUNNING OUT, THE YELLOW LIGHT WILL COME ON AND THE RED LIGHT

[00:10:03]

KAPLAN OR ? >> GOOD EVENING. TONYA KAPLAN HERE REPRESENTING THE RESIDENTS OF CONVERSATION BETWEEN 503 AND 513 FIELD STREET.

IS THIS A PROPER LOCATION? >> WE WANT TO SHOW SOMETHING?

>> YES. THE MAC LAY IT IN FRONT OF YOU . THERE YOU GO.

IS CLARK STREET BETWEEN CITY CENTER DRIVE AND CARMEL DRIVE.

THE WELL IS NEXT TO OUR SUBDIVISION HERE AND IS BETWEEN OUR SUBDIVISION AND CARMEL FIREARMS AS A REFERENCE. HERE IS A CLOSER UP . HERE IS MY HOUSE AT 503 . AND 505 ON DOWN TO 513 BILL STREET. THIS IS IN REGARDS TO THE LIGHTS THERE. AT 503 , OR AT BE WELL OFF OF CLARK STREET . THIS IS THE BACK OF MY PROPERTY. THIS IS MY FENCE HERE. THIS IS BE WELL HERE. THIS IS A CLOSE-UP OF THE BACK OF MY HOUSE AT ABOUT 6:55 IN THE MORNING THEIR SECURITY LIGHT HERE COMES ON ABOUT 6:05 MONDAY THROUGH SATURDAY. THE ONLY BREAK WE GET IS ON SUNDAY , THAT INCLUDES MAJOR HOLIDAYS. IN ITS THANKSGIVING DAY, CHRISTMAS DAY, NEW YEAR'S DAY. AT 7:00 IN THE MORNING, THE REST OF THE LIGHTS INSIDE BE WELL COMES ON. WE WERE ALSO TOLD THERE WOULD BE A DIVIDER BETWEEN THE WELL AND OUR PROPERTY , WHICH OBVIOUSLY, WE HAVE NEVER GOTTEN. I'M NOT GOING TO HAVE TIME TO GO OVER EVERYTHING THAT WE HAVE DONE TO TRY TO RESOLVE THIS ISSUE WITH THE CITY AND WITH BE WELL, BUT I GAVE EVERYONE A PACKET THIS EVENING. IN THAT PACKET, THERE IS A FEW ITEMS THAT WE HAVE DONE TO TRY TO RESOLVE THE ISSUE . INCLUDING SENDING LETTERS, PHONE CALLS WITH THE CITY, WITH THE OWNERS , WITH BE WELL MEDICAL . WE CANNOT GET ANYWHERE. WE HAVE BEEN IN TOUCH WITH CODE ENFORCEMENT FOR OVER A YEAR NOW. CODE ENFORCEMENT WOULD NOT EVEN TELL US IF THERE WAS A CODE VIOLATION. THE RESIDENCE OF CARMEL STATION HAD TO RESEARCH IT OURSELVES AND FIND CODE VIOLATION THERE IN VIOLATION OF. I WILL JUST POINT OUT THIS IS 3.76 OF RANGE LANE ROAD OVERLAY DISTRICT. ITEM B EXTERIOR LIGHTING OF THE BUILDING OR SITE SHOULD BE DESIGNATED SO THAT THE LIGHT IS NOT DIRECTED OFF THE SITE AND THE LIGHT SOURCE IS SHIELDED FROM DIRECT OFF-SITE VIEWING ANY USE OF SINGLE-FAMILY RESIDENTIAL USES, ELEVATION LEVEL SHOULD NOT EXCEED .5 FOOTCANDLES AT THE PROPERTY LINE. I WOULD ALSO POINT E AT THE BOTTOM. AND I'M OUT OF TIME. BUT I GIVE ALL OF THIS TO EVERYONE IN THE PACKETS, I HAVE GIVEN YOU COPIES OF ALL OF THE PHOTOS AND A LISTING OF SOME OF THE ITEMS THAT WE HAVE DONE TO TRY TO RESOLVE THE ISSUE.

>> THANK YOU. >> NEXT UP IS DAKOTA CRAWFORD.

AFTER DAKOTA STEPHEN HIMES.

>> I AM DAKOTA CRAWFORD. I APPRECIATE THE TIME TONIGHT FOR THE COUNCIL MEMBERS. I AM A NEW HOME ON LOU AT RECEIVED LESS.

I WANTED TO SPEAK TONIGHT IN FAVOR OF THE LARGER GRAMERCY REDEVELOPMENT THAT IS FORTHCOMING THAT WE PLAN TO SHARE WITH THE COMMUNITY LAST WEEK. I WOULD ALSO JUST LIKE TO SHARE A COUPLE OF POINTS OF FEEDBACK. LAST WEEK, WHEN THE PLANTS WERE SHARED WITH THE COMMUNITY, NEIGHBORS EXPRESSED CONCERNS OVER THE LAND 1000 UNITS, WITH CONCERN FOR DENSITY

[00:15:01]

I CHOSE TO BUY IN GRAMERCY WEST FOR ITS PROXIMITY TO EXISTING ENTERTAINMENT CENTERS IN MIDTOWN AND THE ABILITY TO LEAVE MY CAR PARKED AT HOME AND THOSE TRIPS BY BIKE AND ON FOOT IS VERY IMPORTANT TO ME. I HOPE THAT OTHERS CAN BE GIVEN THE SAME OPPORTUNITY. WITH THAT IN MIND, I WOULD ALSO LIKE TO SHARE A COUPLE OF WEEKS THOUGHT. ONE, ON THE FURTHER LIMITATION OF PARKING SPACES, I THINK FOR SOMEONE WHO HAS MOVED HERE, WITH THE OPPORTUNITY TO ENJOY THE WALK ABILITY, I WOULD LIKE TO SEE FURTHER LIMITATION OF PARKING GARAGE SPEND AND PUT THAT MORE TOWARD BIKE INFRASTRUCTURE, WHERE WE CAN PARTICULARLY IN THESE NOTES PARTICULARLY GET BUILT OUT. THERE ARE PARTS OF THE CITY WHERE IT'S VERY EASY TO BIKE AND VERY SAFE AND COMFORTABLE. BUT I CERTAINLY DON'T THINK WE'VE DONE ALL WE CAN. FURTHER ADDITIONAL SPEND INFRASTRUCTURE THAT ALLOWS PEOPLE TO SAFELY GET THROUGH THE CITY ONE BIKE AND BY FOOT WITH BE VERY APPRECIATED.

THAT'S ALL. THANK YOU.

>> THANK YOU FOR LETTING ME SPEAK TONIGHT HOT COUNSELORS.

I'M AGAINST GRAMERCY, YOU SAY WHY. THEY ARE LOOKING AT PUTTING 1000 UNITS, THAT'S PROBABLY A MINIMUM OF 2000 PEOPLE. THAT'S TWO PEOPLE PER UNIT. DID ANYBODY DO A TRAFFIC STUDY OF THAT AREA? I DON'T THINK SO. THEY'RE GOING TO DISPLACE, THEY'RE GOING TO TEAR DOWN 64 UNITS. THAT MEANT THEY ARE GOING TO DISPLACE 128 FAMILIES . THOSE FAMILIES ARE CITY, FIREMEN , CITY EMPLOYEES, PEOPLE WHO WORK AT THE HOSPITAL, PEOPLE WORKING AT RESTAURANT . WHERE PEOPLE GOING TO GO? WE'RE GOING TO HIS PEOPLE THAT WE NEED IN THIS COMMUNITY TO DO THOSE JOBS. THEY ARE GOING TO BE DISPLACE.

FOR WHAT LEXI SO THEY CAN BUILD MORE UNITS? TEAR DOWN MORE TREES? ANOTHER THING IS THE HISTORY OF BUCKINGHAM CORPORATION. HE PROBABLY DID NOT KNOW THIS. IN 2012, BUCKINGHAM TRIED TO BUY OAKWOOD RESORT UP IN SYRACUSE, INDIANA. THAT WAS A HOTEL WITH SEVEN TO EIGHT UNITS, 20 ACRES , AND 10 COTTAGES. HOW I KNOW, IS I KNEW THE BROKERAGE DEAL WAS THROUGH MR. ROWLAND . IAN ROWLAND. BEFORE THEY GOT TALKING WITH THE PROPERTIES, THEY WENT TO DNR TO TRY TO PUT 80 DOCS IN BEFORE THEY EVEN OWNED THE PROPERTY. THEY DISRUPTED ALL THE PEOPLE OF THERE, BECAUSE WHAT THEY WERE GOING TO DO IS TEAR DOWN TREES AND DEVELOP THE AREA. AND THE PEOPLE BASICALLY SAID NO , WE ARE NOT GOING TO ALLOW THIS.

FINALLY, THEY BACKED OUT OF THE DEAL . THE REASON WHY WAS , I THINK OF TWO REASONS. ONE, HIS PEOPLE DID NOT WANT THEM THERE.

THEY DID NOT WANT THEM TO OWN DISPLACE AND DEVELOP IT. THERE WAS NO FINANCING DONE. EITHER THEY COULD NOT GET THE FINANCING, OR THE BACK OUT OF IT. BUT WHY ARE WE FINANCING THIS? WHY ARE WE TAKING OUR CITY MAY AND DISPLACING THESE PEOPLE THAT WORK IN THIS COMMUNITY? I URGE YOU TO INVESTIGATE THIS BEFORE THIS GOES ANY FURTHER. THANK YOU.

[7. COUNCIL AND MAYORAL COMMENTS/OBSERVATIONS]

>> THAT'S IT FOR BLUE CARDS. MOVING ON TO ITEM SEVEN, COUNCIL AND MAYOR COMMENTS AND OBSERVATIONS. DOES ANYBODY TO THE LEFT , COUNSEL? TO THE RIGHT? MAYOR? NAME IS EMMA HOSS. I'M IN THE CHERRY TREE ELEMENTARY. THE MAYOR IS PLEASED TO REPORT THAT NICK WEBER, THE CITY'S FIRST EXECUTIVE DIRECTOR OF ECONOMIC DEVELOPMENT STARTS NEXT MONTH MONDAY. IN ZACK JOHNSON , THE FIRST CFO WILL START APRIL 8.

WILL FOCUS ON INCREASING ECONOMIC ACTIVITY. ESPECIALLY IN OUR CITY'S CORE AND ALONG U.S. 31. WILL FOCUS ON FINDING OPPORTUNITIES TO REDUCE COSTS AND IMPROVE TRANSPARENCY AND ENHANCE THE BUDGET PROCESS. ALSO, THE MAYOR IS PLEASED TO

[00:20:03]

SAMANTHA CARR WILL OCCUPY THAT ROLE STARTING APRIL 9TH. SAM COMES TO US HAVING THE -- MERE VALID WORK IN INDIANAPOLIS AND ESSENTIAL HEALTH. SHE IS A STRONG, STRATEGICALLY LEGAL MIND WHO COMES HIGHLY RECOMMENDED.

LASTLY, THE MAYOR WANTED TO SHARE THAT ALL CITY DEPARTMENTS ARE WORKING WELL TOGETHER AND WITH OTHER ORGANIZATIONS AND UNITS OF GOVERNMENT TO EFFECTIVELY HANDLE THE ECLIPSE.

BECAUSE, WE ANTICIPATE HEAVY TRAFFIC FROM ECLIPSE TOURISM , WE ARE ENCOURAGING PEOPLE TO WALK IN BIKE WHEN YOU CAN AND ARRIVED TO WORK EARLY AND STAY LATE TO REDUCE FRUSTRATIONS AND KEEP TRAFFIC MOVING. WE HAVE OVER 15 KNOWN VIEWING LOCATIONS ACROSS THE CITY. FOR MORE INFORMATION ON THE ECLIPSE,

VISIT CARMELECLIPSE.COM . >> NICE JOB, EMMA. MAYOR, DO YOU HAVE ANYTHING TO DELIVER FOR THAT?

>> I APPRECIATE EMMA FOR DELIVERING THE MESSAGE TODAY AND EXCITED FOR THE STAFF AND THE VISITORS VISITING CARMEL FOR THE ECLIPSE. EXACTLY, GET YOUR GLASSES.

[8. CONSENT AGENDA]

>> THANK YOU VERY MUCH, COUNSEL, APPRECIATE IT.

>> MOVING ON TO ITEM EIGHT, CONSENT AGENDA APPROVAL MINUTES OF MARCH 4TH, 2024 REGULAR MEETING. AND CLAIMS OF THE FAVORABLE AMOUNT OF $3,692,136.64 INCLUDES WITH THE AMOUNT OF $2,280,000 -- EXCUSE ME, 220 $80,142.19 FOR THE RETIREMENTS OF -- AND FOR WIRE TRANSFERS $2,247,223 AND

$.37. DO YOU HAVE A MOTION? >> MOVED TO APPROVE.

>> SECOND. >> DISCUSSION? ROLL CALL,

PLEASE. >>

9-0 . >> THANK YOU.

[10. COMMITTEE REPORTS]

>> MOVING ON TO. VETOES, THERE ARE NONE. ITEM 10. -- THANK YOU MR. PRESIDENT. OUR NEXT MEETING IS SCHEDULED FOR APRIL 9TH HERE AND COUNCIL CHAMBERS AT 6:00 P.M. WE HAVE A COUPLE

OF ITEMS ON OUR AGENDA. >> THANK YOU. MOVING ONTO LAND-USE AND SPECIAL STUDIES .

>> WE MET TWO WEEKS AGO AT THE LIBRARY AND DISCUSSED THE BEAUTY OF PROCESS AND AGENDA. I THINK WE LOCKED IN AT A PRETTY LENGTHY AND EXTENSIVE AGENDA TO GO OVER UNITY OH. WE WILL PROBABLY GET STARTED ON THAT THE LAND-USE MEETING FOLLOWING THE APRIL 15TH COUNCIL MEETING. WE WILL ALSO START DIGGING INTO THE YU-GI-OH. WANT TO MAKE SURE PLANNING AND ZONING IS ENGAGED IN EVERYTHING WORKS WITH THEM.

AND GIVE ANYONE IN THE COMMUNITY THAT'S INTERESTED , AS MUCH AS I'M PREPARED FOR QUESTIONS. WE WILL PUT OUT THE AGENDA SO PEOPLE KNOW WHAT WE ANTICIPATE SPEAKING ABOUT EACH OF THESE MEETINGS. IT'S NOT SOMETHING YOU'RE INTERESTED IN, YOU DON'T NEED TO STAY OR ATTEND . AND THEN, AS PRESENTED AT THE LAST MEETING, THE LAST COUNT MEETING, YOU STILL HAVE THE UNANIMOUS -- PUD THAT WE CANNOT HANDLE THE LAST COUNCIL MEETING. OUR RECOMMENDATION HAS NOT CHANGED.

AND OTHER REPORTS. I BELIEVE WE HAVE NO OTHER REPORTS.

[12. OLD BUSINESS]

>> MOVING ON TO ITEM 12, OLD BUSINESS. EIGHTH READING OF ORDINANCE E- 2696/23 , AND ORDINANCE OF THE COMMON COUNCIL, THE CITY OF CARMEL, INDIANA IN CHAPTER 8, ARTICLE FOUR SECTION 8 E- 44 TO THE CARMEL CITY COUNCIL CODE SPONSORS, COUNSELORS AND HOW THIS REMAINS IN THE FINANCE UTILITIES AND RULES COMMITTEE AND AS COUNCILMAN SAID THEY

[00:25:03]

>> MOVING ONTO 12 B, RESOLUTION CCF 03.04 DASH 24.03 RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA REGARDING RELEASE OF REAL PROPERTY TO THIRD-PARTY SPONSOR COUNSEL . THIS RETURN FROM THE LAND-USE SPECIAL STUDIES COMMITTEE AND COUNCIL SCHNEIDER.

>> I APOLOGIZE. WE DID HAVE UNANIMOUS FAVORABLE RECOMMENDATION FOR THIS. WE ALL DID WORK LOOKING INTO THIS, LOOKING INTO ANY INSTRUCTIONS IN THE AREA FOR LEASE PROPERTY.

I HAVE KNOCKED ON EIGHT DOORS AND SURROUNDING HOMEOWNERS .

PEOPLE WERE EITHER COMPLACENT OR WERE NOT THRILLED ABOUT LEASING THIS PROPERTY OUT. BUT WE DID NOT KNOW AT THE TIME WAS THE INTENT OF THE CITY TO SELL THE PROPERTY AS SOON AS ANY PROJECT IS COMPLETE. SO, WHILE WE WERE NOT EXCITED ABOUT BEING A LANDLORD, WE HOPE THAT THE PROPERTY WILL BE AN OWN PRODUCT AT END OF WHATEVER IMPROVEMENT PROJECTS ARE MADE AT THAT INTERSECTION. THAT IS WHAT LED US TO UNANIMOUS FAVORABLE RECOMMENDATION. TO ALLOW CITY ENGINEERING TO GET

THIS PROJECT. >> COUNCILMAN SNYDER , APPRECIATE YOU DOING THE LEGWORK . ANY QUESTIONS FOR COUNSELOR SCHNEIDER? I JUST WANT TO ADD THAT COUNSELOR SCHNEIDER ALSO -- I KNOW THERE WERE SOME QUESTIONS THERE, BUT ALL THE RESEARCH THERE THAT YOU DID, I THINK MOST OF THE FEARS HAVE BEEN CALLED. I REALLY APPRECIATE IT.

>> IS THERE NO MORE QUESTIONS, LOOK FOR A MOTION.

>> MOVED TO APPROVE. >> SECOND.

>> IS GUSHING? >> ROLL CALL VOTE LEASE.

>>

[13. PUBLIC HEARINGS]

APPROVED 9-0. >> THANK YOU. THAT CLOSES OUT OLD BUSINESS. MOVING ON TO ITEM 13 , PUBLIC HEARINGS THIRD READING OF ORDINANCES E- 67 DASH 24 AND ORDINANCE OF THE COUNCIL CITY OF PLANNED UNIT DEVELOPMENT DISTRICT. SPONSORS COUNSELOR MANNAR . COUNCILMAN SCHNEIDER ?

>> THIS WAS TO LAND-USE MEETINGS AGO. TO YOU LAND-USE READINGS AGO , ALL OF OUR MEETINGS ARE OPEN TO THE PUBLIC. WE HEARD FROM MANY INDIVIDUALS . I DON'T THINK -- VERY FEW ARE ABSOLUTELY CRITICAL TO THE PROJECT.

SEVERAL HAD SUGGESTIONS AND REQUESTS TO BE MADE. WE MADE OUR RECOMMENDATION BASED ON THOSE REQUESTS BEING MET. AND AS IT STANDS, ALL THE REQUESTS WE MADE HAVE BEEN MET. SO OUR RECOMMENDATIONS HAVE NOT CHANGED.

>> ANY QUESTIONS OR ANYTHING TO ADD?

>> MR. PRESIDENT. I RECEIVED A LETTER FROM ANYWHERE IN THE GREAT OAKS NEIGHBORHOOD ASKING HER SOME CHANGES TO THE MEMO, THE CONSTRUCTION MEMO. OR THE ORIGINAL MEMO. AND I IMMEDIATELY CONTACTED JOHN . AND HE RESPONDED WITH THE REQUESTS. SO I WILL LEAVE IT TO YOU, JOHN TO GIVE THE

INFORMATION. >> THANK YOU VERY MUCH. FOR THE RECORD, AND WAS JOHN. WE WERE PRESENT THE PETITIONER SHIFT DEVELOPMENT. MEMBERS OF THE SHIFT DEVELOPMENT TEAM ARE HERE TONIGHT AS WELL AS THE TEAM DEVELOPMENT. AS COUNCILMAN MANNAR INDICATED SHE REACHED OUT EARLIER TODAY WITH A REQUEST THAT WOULD BE MADE TO THE TRAFFIC MEMO THAT WAS INCLUDED AS PART OF THE COUNCIL PACKET WHICH WAS IN RESPONSE TO THE DISCUSSION OF THE LAST LAND-USE COMMITTEE MEETING WE WERE AT. THAT RESULTED IN CHANGES WE FORWARDED BACK TO COUNCILMAN ARE -- TO THE COUNCIL MEMBERS THE CHANGE OF THE DOCUMENT THAT EXIST TODAY IS IN PARAGRAPH F ONE. IT WOULD ADD A TEXT PREPLAN ROUTING TO THE SITE TO COMPLETE WITH THESE RESTRICTIONS THAT IDENTIFIES THOSE RESTRICTIONS REGARDING ACCESS TO THE SITE NOT TO BE THE GREATER COMMUNITY. ADJUSTED

[00:30:02]

AND THEN ADOPTION CONSIDERATION ON THE AMENDED ORDINANCE AS REQUESTED BY THE APPLICANT. REGARDING THE PUBLIC HEARING THIS EVENING, AS THE COUNCIL AND RECALLED WHEN WE REDUCE THIS MATTER A MONTH AGO, THERE WAS A TYPO IN THE NOTICE. WE CONFERRED WITH CITY LEGAL, IT WAS A FATAL FLAW, BUT NONETHELESS, WE DECIDED TO MAKE NOTICE AGAIN FOR TONIGHT'S COUNT MEETING. BECAUSE OF THAT, WE WOULD ASK THE COUNCIL TO CONSIDER ADOPTION THIS EVENING RATHER THAN HOLD US OVER TO ANOTHER LAND-USE MEETING AT A FUTURE DATE. WITH THAT, I WILL BE GLAD TO ANSWER ANY QUESTIONS. THANK YOU.

>> ARE THERE ANY QUESTIONS FOR JOHN? IT THERE'S NO QUESTIONS, WE WILL GO AHEAD AND DO THE PUBLIC HEARING NOW. WE WILL BEGIN THE PUBLIC HEARING. IF ANYBODY WANTS TO ONCE WE START, HEAD OVER TO THE PODIUM. IF THERE IS A LINE, YOU CAN GET IN LINE. WE WILL START THE PUBLIC HEARING OFFICIALLY AT 6:34. GO AHEAD. AND IF YOU COULD, INTRODUCE YOURSELF THE SAME.

RELATION TO HIM. I HAVE A FEW THINGS THAT I WANT TO TALK ABOUT . FIRST OF ALL, WHEN IS ENOUGH ENOUGH? WE HAVE SO MUCH DEVELOPMENT GOING ON AND WE HAVE SO MUCH PEOPLE MOVING IN IT SEEMS LIKE IT'S JUST FOR A CERTAIN AMOUNT OF INCOME PEOPLE. SIX FIGURES OR BETTER. YOU ARE TALKING -- YOU WANT DIVERSITY , WELL LET'S HAVE DIVERSITY WITH A LESSER INCOME PEOPLE.

WHAT ABOUT, YOU HAVE ALL THESE INFRASTRUCTURES COMING IN , APARTMENTS, HOUSES, EVERYTHING. WHAT ABOUT THE INFRASTRUCTURE TO HOLD THE CAPACITY OF WATER TREATMENT AND SEWAGE ? THAT HAS TO COLLAPSE SOMEWHERE , OR YOU HAVE TO BUILD A NEW WIND AND WHERE .

AND TRAFFIC. I SEE TRAFFIC ALL THE TIME. IT'S JUST BUMPER-TO-BUMPER. YOU KEEP BRINGING MORE PEOPLE IN COLLEGE JUST GOING TO GET WORSE. SO, I REMEMBER WHEN I MOVED HERE 35 YEARS AGO, IT WAS ALL FOR US. NOW, EVERYTHING IS JUST ALL STRUCTURES AND HOUSES AND APARTMENTS. LET'S BRING BACK SOME NATURE. LET'S BRING BACK SOME FRIENDLY PEOPLE THAT CAN CORRESPOND WITH NATURE INSTEAD OF JUST THE HUSTLE AND BUSTLE OF THE TRAFFIC AND GET HERE AND GET THERE. THAT'S WHAT'S ON MY MIND. I JUST WANTED TO SPEAK THAT. THANK'S.

>> THANK YOU. NOT SEEING ANY OTHER MOVEMENT , I WILL CLOSE THE PUBLIC HEARING AT 6:37 EASTERN TIME. WITH THAT, ANY

-- GO AHEAD. >> JUST MAKING A COMMENT FOR THE MOTION. KEEP IN MIND, THIS PROJECT THAT WAS BROUGHT TO US WAS DOUBLE THE NUMBER OF UNITS THAT WE WILL BE VOTING ON

[00:35:01]

BUT, I THINK THE POSITION HER FOR TAKING THE NEIGHBORHOOD INTO CONSIDERATION. LET'S NOT LOSE SIGHT OF THE FACT THAT AGAIN, THIS PROJECT WAS TWICE AS MANY HOMES ORIGINALLY .

THAT JUST NEVER HAPPENS. SO, THIS IS A BIG WIN FOR CARMEL TO SEE WE ARE GETTING SOMETHING VERY COMPLEMENTARY TO THE NEIGHBORHOOD. SO, I WILL BE VOTING YESTERDAY.

>> I WOULD LIKE TO ECHO COUNSELOR AUSTINS WORDS. THE REASON I SAY THAT BECAUSE HAVING THIS BE MY FIRST FORAY ON PLANE COMMISSION AND WORKING THROUGH THIS PROJECT, IT WAS GREAT TO SEE, LIKE I SAID BEFORE, THE PETITIONER WORKING WITH THE RESIDENTS ADJACENT TO THE PROPERTY AND I JUST WANT TO TAKE THE NEIGHBORS OF GREAT OAKS FOR THEIR INPUT AND THEIR PATIENT AND THE PETITIONER FOR WORKING SO HARD TO TRY AND WORK WITH THEM. I APPRECIATE THAT AND I

WILL BE VOTING YES TONIGHT. >> THANK YOU, MR. PRESIDENT.

JUST A COUPLE OF THOUGHTS. NUMBER ONE, DUE TO COUNSELOR AASAN'S POINT . MAYBE THIS DOESN'T EVER HAPPEN, BUT MAYBE IT NEEDS TO HAPPEN MORE. I AM HOPE WILL THAT CHANGES LIKE THIS WILL BE MORE COMMONPLACE. WE HAVE TO DO THAT AS OUR DEMOGRAPHICS ARE CHANGING . THE VARIETY OF HOUSING THAT PEOPLE WHO LIVE IN CARMEL AND WANT TO LIVE IN, REQUIRE IS VERY IMPORTANT. THAT IS ONE OF THE REASONS THAT I WANT TO JUST THINK THE NEIGHBORS, THE SURROUNDING NEIGHBORHOOD, ALL OF THEM. THE AMOUNT OF WORK THAT WAS PUT INTO THIS ALONG WITH PETITIONER, BECAUSE IN THIS CASE, HAVING THIS KIND OF PRODUCT, IT IS PROBABLY THE MOST IMPORTANT THING FOR ME, AS THE CITY COUNCIL, BASED ON WHAT I'M HEARING FROM THE PEOPLE THAT I REPRESENT, HAVING A PLACE TO MOVE TO THAT IS THE TYPE OF PRODUCT THAT PEOPLE WANT . AND THAT WE NEED. SO, IT IS NOT, IN THIS CASE, APARTMENTS OR SOME OF THE OTHER PRODUCTS, BUT A PLACE WHERE WE CAN HAVE SOME FIRST-FLOOR MESSIEURS. AND THAT IS REALLY REALLY CRITICAL. IN CARMEL, RIGHT NOW, IT'S A HUGE NEED. SO, THE PRICE POINT , IT IS WHAT IT IS, WE ARE IN AN ENVIRONMENT WHERE THE PRICE POINT IS DIFFICULT TO GET ALL THINGS THAT WE WANT AND WHAT WE NEED AND HAVE A PRICE POINT THAT IS ANYTHING OTHER THAN WHAT IT ENDED UP BEING. I THINK WE HAVE GONE TO A GOOD PLACE. I AM HAPPY WITH THE RESULT. AND I'M GOING TO VOTE FOR THIS BECAUSE OF THE PRODUCT.

>> THANK YOU. COUNCILMAN SNYDER? DO YOU HAVE A MOTION?

>> TO AMEND. THANK YOU. >> SECOND.

>> DISCUSSION? ROLL CALL VOTE.

>>

MOTION TO AMEND APPROVE 9-0. >> ANYTHING ELSE ON THAT? I WOULD JUST SAY THIS NOW THAT IT'S OVER.

>> MOVED TO APPROVE. >> SECOND.

>> THANK YOU. DISCUSSION? NOW, I WILL MAKE MY COMMENTS.

AND I'M NOT SAYING THIS, JUST BECAUSE I'M NOT SURE WE ARE RELATED, MR. GREEN. BUT YOU HAVE A LOT OF GOOD POINTS, LIKE THE FELLOW COUNSELORS HERE. THERE IS A PROBLEM WITH HOUSING , THAT'S WHY THE MAYOR HAS A HOUSING TASK FORCE TO TRY TO FIGURE OUT. COUNSELOR, LIKE WE ALL SAID, THE CRAZY THING IS IT DOES NOT MATTER WHAT IT BUILT TO SELL AT, THE MARKET IS

[00:40:04]

WITH THAT DISCUSSION , NOW WE WILL CALL FOR VOTE.

>> MOVING ON TO THE TEAM BE BEST MEGAN ORDINANCE OF THE COMMON COUNCIL, THE CITY OF CARMEL INDIANA AUTHORIZING AND IMPROVING ADDITIONAL APPROPRIATION OF FUNDS FOR THE GENERAL FUND . NUMBER 101 TO THE 24 INFORMATION COMMUNICATION SYSTEMS DEPARTMENT BUDGET SPONSORS COUNSELORS TAYLOR CALM IS THERE MOTION TO INTRODUCE?

>> MOVED TO INTRODUCE.

TO INTRODUCE A PRORATION OF $1,033,339.90 FOR THE GENERAL FUND IN 2024 -- COMMUNICATION SYSTEMS BUDGET TO BE USED FOR EMERGENCY OPERATIONS CENTER TECHNOLOGY AND CONTRACT SERVICE

FEES. >> REGIMEN? PLEASE PRESENT .

SURPLUS IN THE SHARE OF THE 911 COMMUNICATIONS LOCAL INCOME TAX THAT ARE DISTRIBUTED AMONGST THE LOCAL UNITS. CARMEL SHARE WAS RECEIVED. THIS IS RECEIVED LAST YEAR INTO THE GENERAL FUND. THE PURPOSE OF THIS MONEY WAS TO IMPROVE EMERGENCY COMMUNICATIONS OPERATIONS . THAT IS BEING REVIEWED . AND, THE PURPOSE OF THIS APPROPRIATION IS TO PUT IT INTO ICS BUDGET SO THEY CAN FACILITATE THE GRADES NECESSARY FOR CARMEL'S EMERGENCY OPERATIONS AT STATION 44 IS IN NEED OF UPDATING THE EQUIPMENT . WE HAVE REPRESENTATIVES, THE COUNCIL HAD QUESTIONS RELATED TO THE EQUIPMENT AND SPECIFICATIONS OF THAT REGARD.

IT IS WHAT THE MONEY IS NEEDED FOR . IT FULFILLS THE PURPOSE OF WHY THEY RECEIVED THE MONEY AND WHY IT'S NECESSARY

APPROPRIATION. >> ANY QUESTIONS FOR BENJAMIN?

COUNCILMAN TAYLOR? >> WILL THE EQUIPMENT BE IN PLACE PRIOR TO THE EVENT FOR THE TOTAL SOLAR ECLIPSE?

>> NO. >> WILL HAVE EQUIPMENT CURRENTLY THAT WILL ASSIST. IT'S JUST WE NEED THAT

UPGRADE. >> ANY OTHER QUESTIONS?

>> DO WE KNOW WHEN WE WILL BE LOOKING AT ROLLING THIS AND AS AN UPDATE , TIMELINE WISE? THE COMMUNICATION SYSTEMS. WE JUST WANTED THIS DONE BEFORE THE EQUIPS. I THINK OUR NEW GOAL IS GOING TO BE SOMEWHERE AROUND JUNE 1ST, WHICH WILL PUT US IN GREAT POSITION FOR CARMEL FEST. UTILIZING OPERATIONS FOR THAT.

>> THANK YOU VERY MUCH. >> ANY OTHER QUESTIONS? WILL HAVE PUBLIC HEARING NOW. WE WILL START PUBLIC HEARING AT 6:47. IF ANYBODY WANTS TO MAKE ANY STATEMENTS FOR THREE MINUTES, THEY CAN APPROACH THE PODIUM. AFTER NOT SEEING ANY MOVEMENT, I WILL CLOSE THE PUBLIC HEARING AT 6:47. WITH

THAT, ENTERTAIN A MOTION? >> THAT WE SUSPEND THE RULES

[00:45:03]

FOR THIS EVENING. >> SECOND.

>> DISCUSSION? ROLL CALL VOTE PLEASE ?

>> MOTION TO SUSPEND THE RULES, APPROVE 9-0.

>> MOVED TO APPROVE. >> SECOND.

>> DISCUSSION? ROLL CALL VOTE , PLEASE.

>>

. APPROVED, 9-0. >> THANK YOU. MOVING ON TO ITEM 13 C CAR LAST PUBLIC HEARING. FIRST ORDINANCE OF 13 DUST 078 ASH 24. IN ORDER UNTIL THE COMMON COUNCIL, THE CITY OF CARMEL INDIANA AUTHORIZING IMPROVING ADDITIONAL FUNDS FOR THE GENERAL FUND, NUMBER 101 TO THE 20 FOR CARMEL POLICE DEPARTMENT BUDGET SPONSORS COUNSELOR WORLD, AND ARE, GREEN, AND JESSE. CAN I GET A MOTION.

>> MOVED TO INTRODUCE. >> SECOND.

>> CAN YOU READ THE SYNOPSIS, PLEASE?

>> THIS ORDINANCE APPROPRIATES FUNDS INTO THE CARMEL POLICE DEPARTMENT 24 BUDGET THAT WE RECEIVED FROM FEDERAL GRANT MONEY FOR THE DEPARTMENT'S PARTICIPATION IN THE DUI TASK FORCE. QUICK RESPONSE TEAM AND THE CLICK IT PROGRAM.

>> COULD YOU ALSO ADDRESS THE ORDER ? SINCE WE HAVE THE

RESOLUTION BELOW IT ? >> THIS ORDINANCE IS OPINION ORDINANCE WITH RESOLUTION CC 03 18 2401. WHAT HAPPENS WHEN THE COUNCIL ACTS ON ALL OF THIS ON BOTH THE PUBLIC HEAING STAGE AND THE APPROPRIATION AND ALSO RESOLUTION STAGE . THE MONEY IS ARTIE THERE AND THE GROUND FUND . A GETS TRANSFERRED INTO THE GENERAL FUND , AND THEN FROM THE GENERAL FUND, GETS MOVED INTO THE POLICE DEPARTMENT'S BUDGET AND THE ORDER OF THINGS, IS INCONSEQUENTIAL.

>> ANY QUESTIONS FROM BENJAMIN ? WITH NO QUESTIONS, GO AHEAD AND HAVE THE PUBLIC HEARING. IN THE PUBLIC HEARINGS BEGINNING 6:50. IF ANYBODY HAS ANY COMMENTS , PLEASE APPROACH THE PODIUM. NOT SEEING ANY MOVEMENT , I WILL CLOSE THE PUBLIC HEARING AT 6:50. I AM LOOKING FOR A MOTION.

>> MOVED TO APPROVE. >> MOVED TO SUSPEND THE RULES

AND PROCEED. >> SECOND.

>> ANY DISCUSSION? ROLL CALL VOTE, PLEASE?

>> MOTION TO SUSPEND THE ROLES APPROVED 9-0.

>> MOVED TO APPROVE. >> SECOND.

>> DISCUSSION. >> ROLL CALL VOTE, PLEASE.

>>

[14. NEW BUSINESS]

APPROVED, I MEANT TO ZERO. >> THAT DOES IT FOR PUBLIC HEARINGS. MOVING ON TO AGENDA ITEM 14, NEW BUSINESS. FIRST READING ORDINANCE E- 2710 DASH 24 AND ORDINANCE OF THE COMMON COUNCIL -- TO SUPPORT THE GRAMERCY PROJECT AND AUTHORIZING AND APPROVING OTHER ACTIONS AND RESPECT TO SPONSOR

OR COUNSELOR DAWSON. >> MOVED TO INTRODUCE.

>> ANYWAY THE SYNOPSIS, PLEASE? -- TO FINANCE A BROOM IS TO

[00:50:04]

>> GOOD EVENING, EVERYONE. DEVELOPMENT DIRECTOR. I HAVE FRIENDS FROM BUCKINGHAM WHO WILL COME UP HERE SHORTLY AND GIVE THE DETAILS ABOUT THE REVISED FANTASY PROJECT. YOU HAVE TO MAKE AN IMPORTANT POINT THIS IS A DEVELOPER BOND. IS NO WAS THE OR THE TECH PAYERS ANYWAY. THE WAY THE BORROWER IS CITY, IN ORDER TO GET WITH THIS ANY ALLOWS THE DEVELOPER, BASICALLY TO BUILD THAT INFRASTRUCTURE AND GET PAID FOR THEIR OWN FUTURE TAX IS AND IF THEY DON'T THE STRUCTURE AS LARGE AS NICE AS THEY WERE GOING TO, FOR SOME REASON AND THE TAXES DON'T COMMENCE AS THEY THINK MAKE PAYMENTS ON THE DEVELOPER BOND, THEY'RE OUT OF LUCK. THE CITY . THE CITY HAVE OBLIGATION TO MAKE ANY. IT IS COMPLETELY AT THE DEVELOPER'S RISK. SO, THE PROJECT WE'RE TALKING ABOUT TODAY HAS ADDITIONAL RISK THE CITY OR TAXPAYERS. THAT'S IMPORTANT TO REMEMBER. SOMETHING I WILL ADD, BEFORE WHAT THE GENTLEMAN SAID EARLIER, WE WATCHED OF HEALTH THAT HE THAT FURTHER MENTIONED ONE OF THE UIGHURS THAT LAST MEETING HE SAID 3000 PEOPLE ARE GOING TO MOVE TO CARMEL EVERY YEAR BECAUSE THIS IS AN AMAZING RACE TO LIVE AND EVERYBODY WANTS TO BE HERE. IT ALMOST DOESN'T MATTER HOW MUCH THINGS ARE PRICED AT.

PEOPLE WILL CONTINUE WANTING TO MOVE HERE. WE CANNOT STOP THAT.

BECAUSE OUR QUALITY OF LIFE -- WE ARE GOING TO CONTINUE UPPING THE QUALITY OF LIFE AND CONTINUE HAVING A GREAT PLACE.

PEOPLE CONTINUE WANTING TO MOVE TO CARMEL. WE CANNOT STOP 3000 PEOPLE FROM WANTING TO MOVE TO CARMEL EVERY YEAR. IF WE DON'T HAVE PRODUCT COMING ON FOR THEM TO MOVE INTO CAUSES THE PRICE OF EVERYTHING IS GOING TO GO UP BECAUSE THE DEMAND IS SO THIS IS JUST TO KEEP THIS IN MIND, AS WE ARE TALKING ABOUT THE NEW HOUSING PROJECT. IT DOES NOT WORK . -- AND SO , DEMAND IS GOING TO DRIVE PRICES UP . THE ONLY WAY TO FIGHT THAT IS TO KEEP THE PRICE DOWN. WE ARE COMING TO YOU WITH A REVISED VERSION OF GRAMERCY . IT WILL GIVE A QUICK OVERVIEW AND WE ALSO RECOGNIZE THE DUDE WE'RE GOING TO DO THIS QUICKLY AND GIVE EVERYONE A DIRECT OVERVIEW.

AFTER BUCKINGHAM PRESENTS, I WILL COME BACK WITH A WRAP UP SLIDE INDISCRETION OR WE CAN DO? IT'S OKAY WITH YOU. AND

THAT, FRIENDS, COME ON UP. >> I AM BRETT DAVIS WITH

BUCKINGHAM. >> DAVID HARRIS, BUCKINGHAM.

HIGH-LEVEL OVERVIEW OF THE MARKETPLACE. WE ARE LOOKING FOR NEW PEDESTRIAN ACTIVITY TO THE . THE VEHICLE HISTORY AND MULTIUSE PATH. THERE WILL ALSO BE AN EXTENSION OF THE MULTIS PATH ON THE FAR WEST SIDE OF THE -- WHAT WE ARE AIMING TO CREATE WITH LOTS OF BACK AND FORTH WITH ALL OF YOU AND WITH HENRY IS PROVIDING A WALKABLE COMMUNITY. RANGING IN A WIDE RANGE OF PRODUCT TYPE. WE ARE ALTERNATELY WITH GRAMERCY TO THE EAST OF KEYSTONE TO MOST OF THAT FOR ALL OF THAT WILL REMAIN UNCHANGED. PROVIDING THE EXISTING HOUSING TYPE AS IS . THEN, WE WILL BE RENOVATING FOR THE EXISTING GRAMERCY BUILDINGS IN THE ESSENTIAL PART OF THE SITE. TWO STORY WALK-UP UNIT WOULD BE RENOVATED . THEN WE WILL BRING IN AREAS HE KNEW WALK-UP THREE-STORY GARDEN STYLE APARTMENT LINING NEW EXTENSION OF KINZER AVENUE IN KINZER. WILL BRING FOR SALE TOWNHOMES IN AREAS A, E, F, ING. AND FOR SALE CONDO AND AREA D , FOUR-STORY URBAN

[00:55:11]

AGE RESTRICTED APARTMENTS , A NEIGHBORHOOD ORIENTED RETAIL, BOTH IN AREAS D AND H AND NEW PUBLIC PART AND PLOTTERS THROUGHOUT THE SITE. AND A BIRD'S-EYE LOOK FROM CARMEL DRIVE AND KEYSTONE LOOKING NORTH. PHASE ONE OF GRAMERCY EAST, WE ARE LOOKING AT A START A QUARTER TO FIVE. WE WILL BRING THE 34 CELL TOWNHOMES -- BECAUSE OF THE EXISTING TWO-STORY PRODUCT. 342 NEW GARDEN STYLE APARTMENT LINING KINZER AVENUE. -- PART OF THIS WILL BE THE TRAIL EXTENSION . ARE THERE WAS SITE AN ADDITIONAL TWO ACRES OF GREEN SPACE.

>> >>> PHASE 2 SCHEDULED 2026, THAT IS CONSTRUCTION START, WE WOULD BRING ADDITIONAL TOWNHOM IS THE 24 FOR CELL CONDOMINIUMS, WITH 61 PODIUM PARKING SPACES AND 8000 SQUARE FOOT RETAIL. THE SCENE FROM THE RENDERING, YOU CAN SEE THE PUBLIC PLAZA AND AFTER A LOT OF BACK AND FORTH, WE ARE COMMITTED TO BRINGING 24 HIGH END CONDOS FOR SALE. AGAIN, ADDING TO THE FULL RANGE OF PRODUCT TYPE AND THE ACTIVATED PLAZA WITH THE END CAP WITH RETAIL. PHASE 1 OF CARMEL MARKETPLACE TO THE SOUTH NEAR CARMEL DRIVE , YOU CAN SEE THE EXTENSION TO THE NORTH, THE 20,000 SQUARE FOOT OF RETAIL, THE 260 MULTI FAMILY APARTMENTS AND A NEW PARKING STRUCTURE AT 516 CARS WITH 20,000 SQUARE FOOT RETAIL. AND THEN A VERY ACTIVE PUBLIC SPACE. THIS WOULD BE THE CORNER, YOU CAN SEE THE RETAIL. KINZER AVENUE EXTENSION ON THE RIGHT SIDE OF THE SCREEN, CARMEL DRIVE WITH A NEW ROUNDABOUT PROJECT AND YOU CAN SEE THE RETAIL ACTIVATED ON THE FIRST FLOOR WITH A, A SALE LOOKING INTO WHAT IS ACTIVATED IN THE NEW PLAZA. YOU CAN SEE AT THE CORNER LOOKING AT FIVE STORIES, BUT YOU CAN SEE AS WE START TO STEP TO THE WEST, WE STEP DOWN TO FOUR AND THEN WE DO STEP AGAIN THE CLOSER WE GET TO HUNTER'S GLEN BACK DOWN TO THREE. AS WE GO TO THE INSIDE OF AREA H , YOU CAN SEE THE PLAZA SPACE. THIS WAS TO KIND OF GIVE A FLAVOR OF WHAT IT COULD LOOK LIKE, THE DESIGN PROCESS IS YET TO BEGIN, THE SIZE IS ROUGHLY THE SIZE OF MIDTOWN PLAZA. AND THEN AS WE MOVE FURTHER TO THE EAST YOU CAN SEE THE FOUR-STORY PRODUCT AS IT STEPS DOWN ALONG CARMEL DRIVE DOWN TO THREE-STORY AS IT TRANSITIONS TO HUNTER GLENN AND THEN A 25 FOOT SET BACK ALONG WHAT WE WOULD CALL A GREEN BUFFER BETWEEN . AREA G IS WHERE WE HAVE PROBABLY THE BIGGEST CHANGES THAT YOU HAVE SEEN. WE HAVE ELIMINATED 246 APARTMENTS AND BROUGHT 105 AGE RESTRICTED APARTMENTS AND 44 SALE TOWNHOMES. AGAIN THE GOAL HERE IS TRYING TO BRING A UNIQUE DIVERSE RANGE OF PRODUCT TYPES. TURNING IT BACK OVER TO HENRY.

>> I WANT TO POINT OUT A COUPLE THINGS TO MAKE SURE IT'S CLEAR. NUMBER ONE, I HAVE HAD CONVERSATION ABOUT THIS FOR A LONG TIME AS MOST OF YOU KNOW AND I BELIEVE THAT HE WOULD REPRESENT WE ARE ON THE SAME PAGE. FEES FOR THIS PROJECT, FIRST WILL GO TO THIS PLAZA THAT WE WILL DESIGN TOGETHER ESSENTIALLY. AND TO THE EXTENT THERE IS PARKING FEES LEFT OVER, THOSE FEES WILL GO TO THIS PLAZA. THIS IS IMPORTANT BECAUSE AS AN ENTIRE DEVELOPMENT THERE IS PLENTY

[01:00:05]

WE HAVE NOT DONE THIS BEFORE. THIS CENTRAL PART , YOU CAN SEE RIGHT THROUGH IT , SO DRIVING TO THE ROUNDABOUT YOU ARE ABLE TO SEE THROUGH THE BUILDING AND YOU WILL BE ABLE TO SEE CHILDREN PLAYING OUT IN A PLAZA PROTECTED FROM CARS BUT STILL VISIBLE. THE KIND OF THING THAT WILL WANT TO BRING PEOPLE INTO THIS URBAN NODE THAT WE HAVE. THE DEVELOPER WOULD MUCH RATHER HAVE A LOBBY, THIS IS MUCH MORE EXPENSIVE. I WILL NOTE BECAUSE BUCKINGHAM WAS KIND ABOUT THIS NO DEVELOPER WOULD JUST BUILD THIS STRAIGHT UP, THIS IS A NEW PRODUCT THAT EXISTS HERE. THERE IS A CHALLENGE THAT EXISTS FROM A REDEVELOPMENT PERSPECTIVE FROM THE CITY OF CARMEL WHICH IS WHEN WE TRY TO GET DEVELOPERS TO DO SOMETHING DIFFERENT, SOME UNIQUE FOR CELL PRODUCT AND THEY GET TO SAY NO BANK WILL LEND TO THIS BECAUSE NOTHING LIKE THIS EXISTS. 10 YEARS AGO IT WAS TOUGH TO GET ANY KIND OF SALE GOING. THROUGH PUBLIC PRIVATE PARTNERSHIPS WE HAVE PUT A LOT OF DIFFERENT FOR SALE TYPES OF UNITS INTO PROJECTS SO NOW LENDERS HAVE THE PROOF THAT THESE PRODUCTS WILL WORK HERE SO NOW LENDERS WILL LEND THE NEXT. THIS THING IS COMPLETELY UNIQUE TO CARMEL.

WE'VE GOT FOR SALE OVER PARKING WITH NEIGHBORHOOD RETAIL. THIS IS GOING TO BE A CENTRAL NODE SO WE ARE ESSENTIALLY GIVING THE RESIDENTS OF GRAMERCY AND ALL THE RESIDENTS AROUND THERE IN 02 URBAN PUBLIC SPACES TO SPEND TIME IN. AREA D THAT YOU CAN SEE HERE AND AREA H.

THAT IS THE WALK ABILITY , THE STUFF THE DRIVER THE PROPERTY VALUE AND MAKES PEOPLE WANT TO BE HERE, REPLACING A GIANT PARKING LOT. SO THEN LAST WEEK THE DEVELOPER, A NUMBER OF COUNSELORS AND I HAD A MEETING WITH A LOT OF THE NEIGHBORS , WE RENTED OUT SPACE AT THE EVENT CENTER. IT WAS VERY WELL ATTENDED WITH A LOT OF GOOD DIALOGUE. A GOOD POSITIVE STEP. AND THEN YOU KNOW HERE I AM WITH MY NUMBER OF TALKING POINTS WHICH ARE IMPORTANT. THIS PROJECT RAISES THE ASSESSED VALUE PER ACRE FROM THE THOUSAND TO $6 MILLION AN ACRE FOR THIS PROPERTY. I KNOW WE'RE TALKING ABOUT 1000 UNITS, IMPORTANT TO REMEMBER THIS IS A TENURE PROJECT.

THAT EVERYTHING IS BEING BUILT TODAY, SOME OF THIS STUFF WON'T START UNTIL 2028, 2029. IT'S NOT LIKE WE'RE ABOUT TO HAVE ALL THIS STUFF ON THE ROAD AT THE SAME TIME. IT WILL TAKE TIME TO COME ONLINE IN PHASES. IT WILL BE VERY THOUGHTFULLY DONE. ANOTHER QUESTION ASKED BY SOMEONE ABOUT ANOTHER PROJECT, OUR CITY ENGINEER HAS BEEN INVOLVED FROM THE BEGINNING.

THIS IS NOT A SITUATION WHERE YOU ASK THE DEVELOPER TO DO PARKING STUDIES, IT'S A SITUATION WHERE THE CITY ENGINEER IS PLANNING FOR EXACTLY THIS FROM THE BEGINNING. SO OUR , FROM THE CITY SIDE, THE ENGINEERING SIDE, JOHN DUFFY THE UTILITIES DIRECTOR WHO PLANS OUT THESE THINGS WELL IN ADVANCE, THIS IS WELL COORDINATED AND NOT A SURPRISE TO ANYONE. WE GET A HUGE $300 MILLION INVESTMENT.

A SLIGHT SPLIT ON THIS PROJECT OF 98.2. GETTING ALMOST 240 FOR SALE UNITS, THE LARGEST COMPONENT OF A REDEVELOPMENT PROJECT WE HAVE DONE, THIS MANY FOR SALE UNITS. IN THE PUBLIC PLAZA AS IN PART TWO PARKING GARAGE AND ALSO ON THE CONDO UNIT, ON THE CONDO BUILDING THERE IS PROFIT SHARE. IF THE DEVELOPER SELLS IT , IF THE SALES PRICE IS MORE THAN WHAT WE INITIALLY EXPECT, THE CITY WILL SHARE IN THE BENEFIT OF THAT TO SOME EXTENT. AND AGAIN THIS PROJECT IS A SMALLER VERSION OF WHAT IT WAS BEFORE, WE HAVE REDUCED BY 250 MULTIFAMILY UNITS, ADDED BACK IN MORE FOR SALE AND MORE AGE RESTRICTED HOUSING WHICH IS SOMETHING THAT THE COMMUNITY

[01:05:02]

BACK IN 2012, I BELIEVE I WAS WORKING AT THE NATIONAL BANK FAIR AND THEY STARTED SURVEYING PROPERTY FOR THE ELONGATED ROUNDABOUT. CAN YOU TALK TO HOW LONG THE KINZER , THE KINZER EXTENSION WAS PLANNED REGARDLESS OF THIS PROJECT AND ELONGATED ROUNDABOUT I BELIEVE HAS BEEN PLANNED FOR CLOSE TO PROBABLY 10 YEARS. CAN YOU TOUCH ON THAT A LITTLE BIT? I THINK THOSE IMPROVEMENTS ARE IMPORTANT REGARDLESS. BECAUSE OF THE NORTH AND SOUTH CONNECTIVITY WE HAVE RANGELINE AND KEYSTONE SO CAN YOU TALK ABOUT THAT A LITTLE BIT. AND A

COUPLE FOLLOW UP LESSONS. >> NUMBER ONE YOU ARE SPOT ON.

DEVELOPMENT HERE IS SUBURBAN CHARACTERIZED BY LACK OF A STREET GRID. THAT'S HOW YOU KNOW YOU'RE IN THE SUBURBS WHEN THERE IS ONE ROAD TO TAKE YOU ANYWHERE OR GIANT COUNTY STYLE BLOCKS. AS WE BUILD A WALKABLE CITY AND A CITY WHERE EMERGENCY VEHICLES CAN GET TO THE SAME PLACE THROUGH SEVERAL ROUTES, THAT'S YOU BUILD A MORE SAFER CITY. SO TODAY TO GO NORTH AND SOUTH YOU EITHER WITH PLENTY OF CARS ALREADY SET UP THE NEW NORTH-SOUTH CONNECTION IS A BIG DEAL TO US. IT IS FAIR TO SAY OUR ENGINEER HAS BEEN PLANNING ON DOING , REWORKING 126 STREET, CARMEL DRIVE FOR A LONG TIME.

I WOULD SAY KINZER IS IMPORTANT, BUT SOMETIMES THE ENGINEER HAS TO SHIFT PRIORITIES AS PROJECTS COME FORWARD. FAIR TO SAY THIS PROJECT IS SHIFTING THE PRIORITY FURTHER. I DO WANT TO DEFER TO CITY ENGINEER CASHMAN ON FOR THE DETAILS, IF THAT'S OKAY.

>> THANK YOU AND MAYBE THIS IS MORE OF A STATEMENT THAN A QUESTION. SEND THIS TO COMMITTEE, LOOKING AT HOW WE CAN ASSIST THOSE IN THE ENCLAVE WITH THEIR ABILITY TO ENTER AND EXIT NEIGHBORHOOD WITH THE INTERCHANGES OR THE TWO ENTRANCES TO GRAMERCY TO THE NORTH ON 126 . MAYBE THERE IS A POSSIBILITY OF ELIMINATING ONE OR CREATING A EASIER SITUATION FOR THOSE NEIGHBORS TO GET IN AND OUT. AS FAR AS TRAFFIC STUDIES, YOU ARE SAYING THAT ENGINEERING UNDER CITY ENGINEER CASHMAN HAS PERFORMED THEIR OWN STUDIES OR YOU ARE SAYING HE HAS HIRED OUTSIDE CONSULTANT TO CONDUCT A TRAFFIC STUDY? CAN YOU TOUCH A LITTLE BIT ON WHAT STUDY RELATED TO

TRAFFIC HAS TAKEN PLACE? >> I DON'T WANT TO SPEAK TO OUR CITY ENGINEER OR PUT WORDS IN HIS MOUTH SO I WOULD RATHER DEFER TO HIM, BUT THE CITY ENGINEER , CARMEL DRIVE IS OF VITAL IMPORTANCE. THAT'S ONE OF THE MAIN THOROUGHFARES. SO I THINK HE HAS HAD A PLAN TO MODERNIZE CARMEL DRIVE , BUT I

WILL DEFER TO HIM. >> THIS LAST ONE IS A QUESTION WHICH IS ONE OF THE COMPONENTS THAT I APPRECIATED MOST. THE PLAN WAS ITEM G , THE AGE RESTRICTED HOUSING. WE KNOW THERE IS A NEED FOR SENIOR HOUSING IN OUR COMMUNITY. I DON'T NEED THE HOUSING TASK FORCE TO TELL ME THAT SO I WAS A LITTLE DISAPPOINTED TO SEE THAT COMPONENT WOULD NOT EVEN START UNTIL 28 WHICH IS ONE OF THE LATER COMPONENTS, CORRECT? SECTION TODAY IS FILLED WITH TENANTS, WITH EVENT SPACE AND YOU HAVE A BUNCH OF TENANTS SO IT'S GOING TO TAKE TIME .

>> PHASE I START AS THE FIVE-STORY MIXED-USE BUILDING WITH THE SALE SO THAT SEEMS TO BE ON THE SAME PART OF THE

PARCEL. >> I THINK ULTIMATELY WE CAN BE FLEXIBLE AS WE MOVE FORWARD TO SEE WHAT THE MARKET NEEDS AND HOW WE CAN FINANCE IN DIFFERENT WAYS. OF COURSE IF WE GET INTO THIS AND WE SEE FINANCING IS AVAILABLE EARLIER

[01:10:02]

BUT YES, THERE IS A COMPONENT OF EXISTING TENANTS AND CARMEL MARKETPLACE AND DEMOING THE BACK BUILDING AND HOW WE FACE THAT OUT IS WHAT THINKING WAS WITH TWO PHASES.

>> I WOULD CERTAINLY WANT THEM TO BUILD THE PUBLIC PLAZA FASTER BEFORE ANYTHING ELSE SO MORE PEOPLE CAN UTILIZE IT.

IF THEY CAN DO IT ALL AT THE SAME TIME, THEN GREAT.

>> THANK YOU. >> BEFORE I GO ON SO EVERYBODY KNOWS, THE PLAN IS FOR THIS TO GO TO COMMITTEE. HISTORICALLY THIS IS A ECONOMIC FINANCE ITEM THAT GOES TO THE FINANCE COMMITTEE, BUT WHAT WE'RE DOING WITH THE GRAMERCY AND SOME OF THE PROJECTS IN THE FUTURE THERE ARE SOME LAND-USE COMPONENTS BASED ON QUESTIONS ASKED BY COUNSELOR TAYLOR AND A LOT OF CONCERN ABOUT TRANSPORTATION, CARMEL DRIVE AND ACCESSIBILITY, NOT JUST NORTH OF CARMEL DRIVE BUT AS PEOPLE SAID AT THE PUBLIC MEETING, IF YOU'RE ON THE NORTH SIDE OF CARMEL DRIVE IT IS TOUGH TO GET TO THE SOUTH SIDE OF CARMEL DRIVE . THOSE ARE ITEMS THAT NEED TO BE DISCUSSED, ESPECIALLY IF YOU ARE ADDING 1000 PEOPLE OR SO ON THE NORTH IN THIS PROJECT. SO WHEN I SAY COMMITTEE FIRST, IT WILL GO TO LAND-USE COMMITTEE WHERE THEY WILL FOCUS AND THERE WILL ALWAYS BE SOME FINANCE COMPONENT, BUT FOR THE MOST PART THE LAND-USE COMMITTEE WILL FOCUS ON TRANSPORTATION AND THOSE TYPES OF ITEMS. SIMILAR TO THOSE QUESTIONS AND AFTER IT GETS THROUGH LAND-USE MEETING, LAND-USE COMMITTEE IT COMES BACK TO THE FULL COUNCIL AND THEN I WILL ASSIGNED TO THE FINANCE COMMITTEE SO THEY CAN FOCUS ON THE FINANCE. SO WE ARE NOT GOING SUPER SLOW BUT WE WILL MOVE THOROUGHLY AND PRUDENTLY AND GIVE CITIZENS WHO ARE INTERESTED IN THIS AMPLE OPPORTUNITY TO SHOW UP AT PUBLIC MEETINGS AND A LAND-USE COMMITTEE TO FOCUS ON THE LAND-USE ISSUES AND FOR THE FINANCE COMMITTEE TO FOCUS ON

THE FINANCE PIECE. >> THANK YOU, I HAVE A FEW COMMENTS AND I WILL LET YOUR COMMENT ON MY COMMENTS. FIRST OFF I REALLY WANT TO THANK CRC FOR HOLDING THE PUBLIC MEETING RECENTLY. THIS IS NOT SOMETHING THAT HAPPENED IN THE LAST FOUR YEARS WHERE THERE WERE NEIGHBORHOOD MEETINGS FOR THE SEARCY PROJECTS AND I'VE BEEN TOLD US SOMETHING WE MAY DO MORE IN THE FUTURE. PEOPLE WHO ATTENDED HAD GREAT FEEDBACK AND SOME OF THEM ARE FROM A WAY THAT I MET WITH PREVIOUSLY AND IT WAS INTERESTING TO SEE THE FIRST REACTION BEFORE THEY TALK TO THE CITY AND THEN AFTER THE MEETING WENT SOME OF THE PEOPLE SAW THE CHANGES AND WERE REALLY THANKFUL NOT ONLY TO BE HEARD BUT THEY HAD THIS KIND OF MEETING. WHAT I DID HERE FROM THE HOA, HUNTERS GLEN AND THE PEOPLE IN THE ENCLAVE WAS QUESTIONS ABOUT TRAFFIC AND SO LAND-USE HOPEFULLY JEREMY WILL BE THERE. WE CAN GET INTO THE PLAN FOR CARMEL DRIVE TO HANDLE THE EXTRA CAPACITY AND TO MAKE IT MORE WALKABLE BECAUSE THROUGHOUT THE PROJECT YOU ARE TALKING ABOUT WALK ABILITY , RIGHT NOW WE HAVE A FIVE LANE ROAD ON CARMEL DRIVE WHICH DOES NOT SCREAM WALKABLE. I WOULD HOPE ONE CENTERLINE COULD BECOME A ROAD DIET WHERE THE MEETING CAN SLOW TRAFFIC AND PROVIDE A ISLAND FOR PEDESTRIANS. I UNDERSTAND WE CANNOT DO THAT FROM KEYSTONE ALL THE WAY TO RANGELINE ROAD, BUT FROM A PORTION OF CARMEL DRIVE THAT WOULD BE NICE. THE FRONT THAT YOU SHOWED ON THE CORNER, I TALKED TO THE DIRECTOR ABOUT THIS. I WANTED REASSURANCES THIS WOULD NOT END UP SIMILAR TO WHAT WE SAW WITH LOT ONE WHERE THE BUILDING COMES VERY CLOSE TO THE CURB AND THERE WERE NO TREES, NOT A LOT OF SIDEWALK. WHEN I SEE THIS I FEEL MORE REASSURED BECAUSE IT DOES GO FOR THE BACK. IT IS NICE AND THERE ARE TREES. I WANT THE REASSURANCE.

I DON'T KNOW IF IT NEEDS TO BE WRITTEN INTO THE PROJECT AGREEMENT THAT WHAT WE SEE HERE WILL GENERALLY BE WHAT WE GET.

YOU KNOW YOU CAN TALK ABOUT THAT LATER IF YOU WANT.

>> WILL MAKE SURE THERE ARE TREES.

>> FINALLY, I GUESS THAT'S IT, TRAFFIC AND THE FACE ARE THE TWO THINGS PEOPLE WANT TO MAKE SURE WE GET THOSE RIGHT.

>> THANK YOU, HENRY SEES ME DIRECTOR, YOU AND I HAD A

[01:15:01]

SO I JUST WANTED TO GO ON RECORD AND SAY I DO UNDERSTAND

THE REASONING BEHIND IT. >> THANK YOU, I THINK BUT WE AVE TO ACKNOWLEDGE IS THIS IS A BIG PROJECT. THIS IS A VERY VERY LARGE PROJECT. SO I WANT TO MAKE SURE THE RIGHT QUESTIONS ARE BEING ASKED AND ANSWERED. SO I APPRECIATE YOU TAKING TIME GOING TO LAND-USE FIRST. I KNOW COUNSELOR SNYDER WILL DO A GOOD JOB. WILL THIS BE ON THE AGENDA FOR THE 20TH? WE WILL BEGIN TALKING ABOUT THIS WEDNESDAY. I DON'T WANT TO GIVE ANY ALLUSION THAT ANYTHING DRASTIC WILL BE DONE, BUT TO INITIALLY GET THE FEEDBACK. IN THE FOLLOWING MEETING ANOTHER WEEK SO THEY CAN ADDRESS COMMENTS THAT COME UP WEDNESDAY AND ONE QUESTION I WAS GOING TO ASK WHICH IS COMPLETELY APPROPRIATE IS BEFORE FULLY TO YOU IF WE COULD EITHER DO COMMITTEE AS A WHOLE OR A JOINT MEETING SO THAT YOU CAN THEN, FINANCE CAN HEAR EXACTLY WHAT LAND-USE IS THINKING AND THEN YOU TAKE THE BALL FROM THERE. IF YOU'RE

OPEN TO THAT. >> YEAH, WE CAN TALK ABOUT THAT. SO DO YOU THINK YOU WILL HAVE TWO MEETINGS ON THIS OR THREE? THAT'S VERY GOOD. A COUPLE THINGS, I CANNOT MAKE THE 20TH BUT I WILL BE THERE FOR THE OTHERS ASSUMING THAT I CAN, BUT ARE THERE PUBLIC RESTROOMS BUILT INTO THIS PROJECT ALREADY? FOR THE PUBLIC SPACES?

>> WE WILL MAKE SURE PUBLIC BATHROOMS ARE PART OF THE

PLAZA. >> THIS INFORMATION, I CANNOT FIND IT IN THE PACKAGE SO CAN YOU MAKE SURE WE GET THOSE?

>> I WILL HAVE THIS ENTIRE POWERPOINT SENT AROUND.

>> GARDEN STYLE APARTMENTS. YOU HAVE IDENTIFIED GARDEN STYLE APARTMENTS. THAT'S NOT A PRODUCT THAT WE TYPICALLY DO REDEVELOPMENT AROUND. I WOULD LIKE TO KNOW YOUR DEFINITION OF THE GARDEN STYLE APARTMENT, NUMBER ONE. NOT SURE IF THAT'S YOU, BUT NUMBER TWO , WHY GARDEN STYLE WHEN WE HAVE SHIED AWAY FROM THAT PRODUCT IN REDEVELOPMENT MOST

REDEVELOPMENT PROJECTS? >> GARDEN STYLE APARTMENT ARE APARTMENT BUILDINGS IN THE PARKING LOT WHERE EVERYBODY PARKS OUTSIDE, YOU WALK THROUGH THE FRONT DOOR , THAT'S WHERE I GREW UP IN GARDEN STYLE APARTMENTS. I'M SURE MANY OF US HAVE. THE DISTINCTION IS YOU HAVE URBAN APARTMENTS LIKE USUALLY A FIVE STORY BUILDING, A GARAGE, USUALLY FIRST FLOOR RETAIL THAT'S MORE URBAN AND THEN GARDEN STYLE IS LIKE LARGE SWATHS OF AREA WITH APARTMENT BUILDINGS SPRINKLED IN A MOST LARGE PARKING LOTS. SO THE ANSWER IS, EVERYTHING IS SITE SPECIFIC. LIKE ALONG THE COURT, THE REDEVELOPMENT COMMISSION WOULD NEVER BE ATTEMPTING TO PUSH GARDEN STYLE APARTMENTS BECAUSE THERE ALONG THAT THAT IS NOT AN APPROPRIATE PLACE FOR GARDEN STYLE SPREAD OUT APARTMENTS.

HERE, LOOK, WE RECOGNIZE THIS IS A GIANT PROJECT, WE RECOGNIZE IT IS OVER A LARGE AREA OF LAND AND WE RECOGNIZE FRANKLY TODAY IT'S GARDEN STYLE APARTMENTS. SO WHAT WE ARE ATTEMPTING TO DO FROM THE CRC PERSPECTIVE IS TO STRIKE A BALANCE BETWEEN RESPECTING WHAT'S THERE TODAY , PROVIDING A WALKABLE NODE , BUT ALSO RECOGNIZING THAT THIS IS NOT MIDTOWN ADDITION ON ALL BE FIVE STORIES. THIS IS , THIS

[01:20:05]

AND THAT'S OKAY. >> OKAY ALL RIGHT, THOSE ARE

ALL MY QUESTIONS FOR NOW. >> THANK YOU. ANY MORE

QUESTIONS? >> IF THE COUNCIL WOULD LIKE THIS TO ALL BE FIVE STORIES, I'M SURE I CAN WORK AT IT.

>> DON'T PUSH YOUR LUCK. ALL RIGHT. AS I SAID THIS WILL GO TO THE LAND-USE COMMITTEE. THANK YOU.

>> THANK YOU. MOVING ON 14 B. FIRST READING OF ORDINANCE DUNN- 2709-24 ORDINANCE OF COMMON COUNCIL AUTHORIZING REFUNDING OF PRIOR WATERWORKS REVENUE BOND CITY OF CARMEL , INDIANA AUTHORIZING ISSUANCE OF CITY OF CARMEL TAXABLE WATERWORKS REFUNDING REVENUE BOND SERIES 2024-A IN THE CITY OF CARMEL INDIANA TAXES AND WATERWORKS REVENUE REFUNDING REVENUE BOND SERIES 2024-B TO PROVIDE FUNDS FOR PAYMENT OF COST THEREOF AND ADDRESSING OTHER MATTERS CONNECTED SPONSOR COUNSELOR GREEN. MOTION AND VIEWS?

>> MOVED TO INTRODUCE. >> ALL RIGHT.

>> SECOND. >> BETWEEN THE TWO WE'VE GOT TWO ALL RIGHT. RATES AND OPTIONS. PERMITTING ISSUANCE OF WATERWORKS REFUNDING REVENUE BONDS FOR THE CITY TO REFUND OUTSTANDING WATERWORKS BONDS OF THE CITY ADDING NEW MONEY FOR ADDITIONAL PROJECTS. JOHN.

WHEN WE RAISED RATES IN DECEMBER OF LAST YEAR, THERE WERE THREE REASONS MAINLY. ONE WAS TO COVER INCREASED OPERATING COST DUE TO INFLATION , THE ABILITY TO RESTRUCTURE DEBT AND THEN THE THIRD WAS TO PUT THE WATER UTILITY ON A BETTER FINANCIAL FOOTING IMPROVE THE BOND RATING AND TO BE ABLE TO ALLOW FOR FUTURE REPLACEMENTS AND IMPROVEMENTS.

THE ORDINANCE BEFORE YOU TONIGHT HAS TO DO WITH A BOND RESTRUCTURING AND I'M GOING TO HAVE SCOTT MILLER COME UP AND GET INTO THE SPECIFICS OF THAT. BEFORE THAT, I THOUGHT IT WOULD BE A GOOD IDEA TO TELL YOU A LITTLE BIT OF THE HISTORY OF HOW WE ARRIVED AT THE DEBT WE SHOULD, PARTICULARLY IN 2008. SOME COUNCILMEMBERS HAVE ALREADY HEARD THIS. I WON'T GO TO QUITE AS MUCH DETAIL AS I DID IN DECEMBER, BUT I THOUGHT IT WOULD BE HELPFUL TO CAN GO BACK IN TIME FOR HOW WE GOT TO WHERE WE ARE TODAY. THE MAP THAT IS UP IS KIND OF CRUDE, BUT IN THIS SETTING IT ILLUSTRATES PRETTY WELL. IN 2002, THIS IS A MAP SHOWING THE THREE WATER UTILITIES THAT SERVE CARMEL CLAY TOWNSHIP. CARMEL UTILITIES WAS THE RED AREA THAT YOU CAN SEE. THE BLUE AREA IN THE CENTRAL NORTH WAS HAMILTON WESTERN UTILITIES. THE GREEN AREA WAS SERVED BY INDIANAPOLIS WATER. IN 2002 CARMEL HAD THREE WATER UTILITIES SERVING CARMEL AND CLAY TOWNSHIP. ANNEXATION WAS ON THE TABLE FOR SURE DURING THAT TIME PERIOD. THE RED AREA WAS IN THE CITY MOST OF THE GREEN AREA WAS NOT. SOME WAS.

AND THE BLUE AREA WAS NOT IN 2001-2002 TIME PERIOD. IN 2001, THE MAYOR, THE ADMINISTRATION AT THE TIME AND CITY COUNCIL PASSED TWO RESOLUTIONS. ONE WAS TO ACQUIRE THE HAMILTON WESTERN AREA. THAT ONE WAS EASY BECAUSE IT WAS UP FOR SALE. THE FAMILY WAS SELLING THE UTILITY CUSTOMERS THAT YOU CAN SEE IN THE BLUE IN CARMEL . THEY ALSO HAD, THAT WAS CLAY TOWNSHIP AT THE TIME, BUT THEY HAD CUSTOMERS NORTH OF 146 STREET IN WESTFIELD AND THE FAMILY

[01:25:02]

SO THE COUNCIL PASSED A RESOLUTION OF THE TIME, PURCHASE AGREEMENT WAS DONE AND WE ACQUIRED 2300 CUSTOMERS.

THE FAMILY HAD NOT REALLY INVESTED A LOT IN THE LINES THAT WERE IN THE GROUND. IT WAS FINE FOR AN AVERAGE DAY, BUT NOT FOR PEAK SUMMER TIME DEMANDS IN PARTICULAR. WHEN WE ACQUIRED THAT WE HAD EXCESS CAPACITY, BUT WE HAD A RECEPTION NEEDS TO GET WATER FROM THE EXISTING CARMEL SYSTEM IN THE RED OVER TO THE WESTSIDE. IT ALSO OPENED UP WHEN WE DID THAT, IT OPENED UP OUR NORTHWEST CORNER WHICH AT THAT TIME THERE WERE VERY FEW HOUSES. SO WE HAD TO BUILD A NEW BOOSTER STATION AT 136 AND OAK RIDGE. TRANSITION MAINE GOING WEST WITH THE WATER TOWER AT 131 WITH 2 MILLION GALLONS OF STORAGE. ALSO IN 2001 INDIANAPOLIS WATER COMPANY SOLD THE UTILITY TO THE CONSOLIDATED CITY OF INDIANAPOLIS IN 2001. CITY OF INDIANAPOLIS HIRED TO RUN THE SYSTEM . IT IS PRETTY WELL DOCUMENTED THAT AGAIN VERY LITTLE INVESTMNT WAS DONE INTO THE AREA IN GREEN. AND AGAIN CITY COUNCIL, THE MAYOR AT THE TIME WANTED CONTROL OVER THE WATER UTILITY THOSE GOING TO ULTIMATELY SERVE ALL OF CARMEL. REMEMBERING ANNEXATION WAS ON THE TABLE. SO WHILE THE RESOLUTION WAS PASSED, WE ENTERED INTO DISCUSSIONS WITH THE CITY OF INDIANAPOLIS THAT WERE CONTENTIOUS. THAT PURCHASE DID NOT GET DONE UNTIL 2005. THE CUSTOMERS WERE TURNED OVER TO US IN 2006. SO WE ACQUIRED 8300 CUSTOMERS AND THE DEAL WAS WE HAD TO GET THEM COMMITTED TO OUR WATER WITHIN FIVE YEARS. WHEN I SAY CONVERT IT TO OUR WHAT I MEAN CUTTING OFF ALL THE WATER FOR THE GREEN AREA WHICH IS COMING FROM THE WHITE RIVER NORTH PLANT ON 116 AND RIVER ROAD.

SO WE HAD TO, GET THOSE PEOPLE ON CARMEL WATER. WE DID NOT HAVE CAPACITY TO DO THAT, SO WE HAD TO BUILD MORE. WE HAD TO BUILD A NEW WATER PLANT , YOU NAME IT WE PRETTY MUCH HAD TO DO IT. WE DOUBLED CUSTOMERS WITHIN A THREE OR FOUR YEAR PERIOD. SO WE FIRST HAD TO FIND THE WATER WHICH WE ARE VERY BLESSED TO HAVE A STRONG AQUIFER ON THE EAST SIDE OF CARMEL FROM HIS OLD DELL TO WHITE RIVER, THERE WAS WATER THERE BUT WE HAD TO DEVELOP IT, BUILD A WATER TREATMENT FACILITY. THAT WAS BUILT , NOT FOR 2005, IT WAS BUILT FOR 2024 AND 2050. WE HAD A FORWARD LOOK TO IT, SO ALL OF THIS TOOK PLANNING, ALL OF IT TOOK A LOT OF HARD WORK AND MOSTLY MONEY. AT THE TIME, THE ISSUE, THE BONDS WE NEEDED TO ISSUE TO MAKE IMPROVEMENTS WERE SIGNIFICANT. AND I BELIEVE WHEN BACK IN TIME AND CALCULATED THE RATE INCREASE, WOULD HAVE BEEN 65 TO 70% RATE INCREASE TO PULL IT OFF AT THAT TIME. SO WE HAD TO ISSUE DEBT IN A CERTAIN MANNER TO PUSH YOU DOWN THE ROAD SO TO SPEAK. I WILL LET SCOTT TALK ABOUT THAT.

THE MAIN THING I WOULD LIKE TO EMPHASIZE IS WE HAD THREE WATER UTILITIES, THREE DIFFERENT RATE STRUCTURES, THERE WAS A DESIRE TO HAVE ONE UTILITY WITH ONE STRUCTURE.

WE WERE ABLE TO KEEP THE RATES VERY STABLE FOR ALL THOSE YEARS OVER 20 YEARS . CERTAINLY VERY COMPETITIVE WITH OTHER UTILITIES IN OTHER COMMUNITIES. SO YOU KNOW AGAIN I WANTED TO BRIEF YOU ON THE HISTORY ON WHAT WE DID. I WOULD ALSO SAY WHEN WE DID ALL OF THIS WE DID NOT DO IT WITH, YOU KNOW AN IMMEDIATE THING. WE DID IT FOR THE FUTURE. WE HAD TO BUILD A PLAN THAT COULD SERVE THE ENTIRE TOWNSHIP.

WHEN WE TOOK OVER INDIANAPOLIS, WE HAD THREE HOSPITALS SERVING INDIANAPOLIS WATER NOW HAVE FOUR. WE HAD A SIGNIFICANT CORPORATE AREA GOING FROM TO SPRING MILL THAT WAS ALL SERVED

[01:30:06]

WHAT WE ARE TRYING TO DO. >> GOOD EVENING. SCOTT MILLER WITH BAKER UTILITY. I PASSED AROUND IN ADVANCE OF THE MEETING A SUMMARY OF THE PROPOSED FINANCING PLAN THAT WE ARE EMBARKING ON AS JOHN REFERENCED. THE RATE INCREASE PASSED IN DECEMBER WAS THE FIRST STEP TO ALLOW US TO MOVE FORWARD WITH THIS PLAN. AS JOHN SAID, THE WAY THOSE IMPROVEMENTS WERE FINANCED BACK IN 2008 WAS TWOFOLD. WE HAD A PIECE OF BONDS STRUCTURED AS A NORMAL SERIAL BOND AS YOU WOULD TRADITIONALLY THINK OF WITH DANCEABLE AND INTEREST PAYMENTS EVERY YEAR AND THEN A PIECE OF IT WAS STRUCTURED AS CAPITAL APPRECIATION WHERE THERE HAVE NOT BEEN ANY PAYMENTS ON THE DEBT , PAYMENTS ON THAT START IN 2029. AND THEN GO THROUGH 2034. THAT WAS DONE IN A WAY TO PUSH OFF THE IMPACT TO EXISTING CUSTOMERS AT THAT TIME IN TERMS OF THE USER RATE AND ALLOW THE CUSTOMER BASE IN THE CITY TO GO INTO THE FACILITIES CONSTRUCTED AT THE TIME TO PROVIDE SERVICE TO THE NEW AREA. THE PLANTS AND FACILITIES THAT WERE BUILT ARE GOING TO BE IN PLACE AND SERVING THE CITY FOR AT LEAST ANOTHER 50 YEARS. SO WHAT WE LOOK TO DO IS TAKE THE EXISTING 2008 DEBT, RESTRUCTURE IT AND SPREAD IT OUT OVER ANOTHER 20 OR 30 YEARS TO BETTER MATCH THE REVENUES FROM CUSTOMERS THAT WILL BE COMING IN TO HELP PAY FOR THE DEBT AND CUSTOMERS THAT WILL BENEFIT FROM THOSE FACILITIES. THAT'S ESSENTIALLY WHAT WE ARE DOING.

FOR THE MOST PART. WE ARE NOT , FOR THE MOST PART NOT ADDING NEW DEBT. WE TAKE EXISTING DEBT IN PLACE AND RESTRUCTURING IT AND PUSHING IT OUT. AS PART OF THIS WE ARE LOOKING TO ADD SOMEWHERE IN THE NEIGHBORHOOD OF $10-$20 MILLION OF NEW FINANCING THAT WILL ESSENTIALLY BE THE MAXIMUM OF THE NEW FINANCING WE ARE INCLUDING AS PART OF THIS FOR ADDITIONAL IMPROVEMENTS WE NEED TO MAKE NOW. SO THERE IS A NEW FINANCING OWNER BUT AS I SAID WE ARE LOOKING TO RESTRUCTURE WHAT WE HAVE OUTSTANDING AND THAT WILL HELP FOR A VARIETY OF REASONS. RIGHT NOW THE WATER UTILITY HAS A TROUBLED BE NEGATIVE RATING WHICH IS CERTAINLY LESS THAN WHAT THE CITY HAS , RIGHT NOW THE CITY IS AA. SO WHAT WE WOULD LIKE TO DO IS GET THE RATING IMPROVED TO WHERE IT SHOULD BE FOR CARMEL. SO AGAIN THIS RESTRUCTURING WILL HELP US TO DO THAT. IT WILL NOT HAPPEN IMMEDIATELY. OVER TIME, AS THE RATE INCREASE THAT WAS ADOPTED IN DECEMBER HAS THE OPPORTUNITY TO GENERATE ADDITIONAL REVENUE AND AS WE RESTRUCTURE THE DEBT WE SHOULD SEE THE RATING TREND UP. RIGHT NOW THE WAY THE DEBT IS STRUCTURED AS YOU SEE ON THE FIRST GRAPH WE HAVE GOT PAYMENTS THAT ARE AROUND 11 MILLION PER YEAR NOW AND IT WILL INCREASE TO 16.6 MILLION IN 2034 AND THE GREEN LINE THAT YOU SEE IS THE REVENUE STREAM THAT WE WERE GOING TO HAVE PRIOR TO THE RATE INCREASE ADOPTED IN DECEMBER.

SO AS IS WHERE IS WE WOULD NEED OR WHAT HAVE NEEDED ADDITIONAL RATE INCREASES TO TAKE CARE OF THE DEBT. SO WITH THE INCREASE IN PLACE, WE ARE ABLE TO RESTRUCTURE THE DEBT AND END UP WITH A PICTURE THAT LOOKS MORE LIKE THIS WHERE WE HAVE GOT ANNUAL DEBT SERVICE OF ABOUT $11.2 MILLION PER YEAR OUT UNTIL 2053 AND A REVENUE STREAM THAT ALLOWS US TO SUPPORT THAT DEBT AND ALSO ACHIEVE SOME OTHER IMPORTANT GOALS THAT ARE PART OF THE TRANSACTION. NUMBER ONE, IMPROVE CREDIT RATING AND IT WILL ALSO ALLOW US TO BUILD UP

[01:35:01]

>> SO I HAVE A QUESTION. THIS RESTRUCTURING OF THE BONDS , YOU HAVE APPROXIMATELY WITH SOME ROUGH MATH TAKING A TOTAL OUTSTANDING PRINCIPAL RIGHT NOW $122 MILLION PLUS THE $20 MILLION PROJECT THAT YOU'RE GOING TO NEED FOR INCREASING GROWTH . TWO QUESTIONS. NUMBER ONE DOES THE RESTRUCTURING OF BONDS TAKE IN TO HELP US FURTHER PREVENT THESE KINDS OF RATE HIKES AND INCREASES AND HOW DOES THAT LOOK AND HOW DO YOU CALCULATE THAT OUT AND NUMBER TWO IS THIS ACTUALLY GOING TO STILL AND MAYBE THIS IS A QUESTION FOR YOU, JOHN, BUT LOOK AT THE GROWTH OF THE NEXT 50 YEARS BECAUSE AS WE LOOK AT ALL THESE DEVELOPMENT PROJECTS AND WE SEE ALL THESE COMING ONLINE THIS IS AN ISSUE THAT I THINK WE NEED TO BE CONCERNED ABOUT SO WE DON'T HAVE TO BE

SURPRISED LIKE THIS AGAIN. >> I WILL TAKE THE FIRST PART IF YOU WANT TO TAKE THE SECOND. FOR REVENUES, YES I WILL GO BACK TO THIS GRAPH. ONCE WE HAVE DONE THE TRANSACTION, WE WILL HAVE $11.2 MILLION IN ANNUAL DEBT SERVICE ALL THE WAY OUT TO 2049 WHEN EXISTING BONDS DROP OFF. SO WE SHOULD HAVE A SIGNIFICANT AMOUNT OF NET REVENUE AVAILABLE FOR THIS, WE WILL HAVE INFLATION FOR THAT TIME PERIOD, EXPENSE WILL INCREASE. IT PROVIDES, THE GRAPH DOES PROVIDE $1 MILLION ON AN ANNUAL BASIS FOR IMPROVEMENTS. LET ME BACK UP ON THE 10 TO 20 MILLION BECAUSE THAT IS A WIDE RANGE.

PART OF THE SIZE OF THAT IS BECAUSE WE'VE GOT SO MANY MOVING PARTS AND PIECES. WE ARE TRYING TO BALANCE IMPROVING THE BOND RATING WHILE DOING THIS LARGE RESTRUCTURING. AND A LOT OF THAT DEPENDS ON THE INTEREST RATES THAT WE GET, NOT ONLY ON THE INTEREST RATE WE HAVE TO PAY ON FUTURE DEBT, BUT ALSO ON RATES WE WILL EARN ON THE FUNDS COME THE PROCEEDS FROM THE NEW BOND ISSUE THAT WILL SIT IN ESCROW TO MAKE THE PAYMENTS ON THE OUTSTANDING DEBT. SO UNTIL WE GET A LITTLE BIT CLOSER TO ISSUING AND WHERE THE MARKET IS AT, THAT'S WHY WE'VE GOT A BIG RANGE 10 TO 20 MILLION. IN TERMS OF MOVING FORWARD, IF WE ARE ABLE TO DO UP TO 20 MILLION I THINK JOHN WOULD TELL YOU THAT TAKES CARE OF A LOT OF THE SIGNIFICANT IMPROVEMENTS THAT WE SEE IN THE UPCOMING YEARS.

FOR A WHILE AND THIS RESTRUCTURE SHOULD ALLOW US TO CONTINUE TO BE ABLE TO AVOID ANOTHER 35% INCREASE, HOPEFULLY. THIS INCLUDES THE ANNUAL 3% COST-OF-LIVING ADJUSTMENT IN THE ORDINANCE AND HOPEFULLY ALLOWS US THE ABILITY TO GROW INTO SOME ADDITIONAL IMPROVEMENTS THAT WE MIGHT NEED DOWN THE ROAD. AGAIN THIS IS NOT INCLUDING ADDITIONAL REVENUE FROM NEW CUSTOMERS AS THEY CONNECT. SO AS WE HAVE CUSTOMER GROWTH THIS REVENUE NUMBER WILL BE HIGHER. JOHN, I DON'T KNOW IF YOU WANT TO TALK ABOUT SPECIFIC IMPROVEMENTS.

AS FAR AS WHAT A UTILITY GOES. WE HAVE A RATED CAPACITY OF 34

[01:40:02]

WE'RE 14,000 AUTOMATIC IRRIGATION SYSTEMS AND WHEN THEY GO OFF EVERYTHING IS ON. TO SAY THAT, THAT DOES NOT MEAN WE DON'T HAVE SOME IMPROVEMENTS TO KEEP MAKING.

THE 20 MILLION SCOTT REFERENCED, I PUT THE LIST UP FOR YOU TO LOOK AT. THIS IS IN THE BOND ORDINANCE. SO THE BIG ONE IS WESTSIDE STORAGE TANK WHICH IS 131ST AND SHOW MORE .

NOT ELEVATED STORAGE, IT IS A GROUND STORAGE TANK THAT WILL LOOK LIKE THAT. THAT IS A TANK WE HAVE AT ONE .5. NOT TALKING ABOUT A WATER TOWER. WE ARE TALKING ABOUT A TANK LIKE THIS.

WE ALREADY ON THE PROPERTY AND THIS IS A 3 MILLION GALLON TAKE , ON THE WEST SIDE WOULD BE 2 MILLION. THAT WILL TAKE CARE OF STORAGE NEEDS ON THE WEST SIDE WHICH HELPS FOR IRRIGATION. THE WEST SIDE IS ABOUT THREE 3 TO 3.5 MILLION GALLONS A DAY. GENERAL STANDARDS ARE AT LEAST ONE DAY OF STORAGE SO THIS WILL GIVE US ONE OF STORAGE BETWEEN THE WATER TOWER AND THIS ON THE WEST SIDE. AND WE HAVE TWO WELLS, CARMEL IS 100% GROUNDWATER. WE PULL ALL WATER OUT OF DEEP WELLS THAT ARE IN THE AREA. WE , ACTUALLY PROPERTY OWNED BY MARK MARIETTA THAT WE ARE IN DISCUSSION WITH NOW AND THE OTHER IS THE LEGACY WELL WHICH IS A WELL WITHIN THE LEGACY DEVELOPMENT , IF YOU HAVE BEEN THERE YOU MIGHT SEE PIPE STICKING UP OUT OF THE GROUND, THAT WAS A WELL THE CASING PUT IN IN 2008 WHEN WE WERE LOOKING FOR WATER. THE MARKET CRASHED AT THE TIME, THE HOUSING MARKET AND RECESSION HIT AND WE WERE NOT ABLE TO FULLY DEVELOP THE WELL BECAUSE THERE WERE PROPERTY OWNER ISSUES. SO WE HAD TO GO SOUTH AND GET WATER THERE. WE WOULD LIKE TO GET BACK TO THAT WELL AND DEVELOP THAT. WE CONTROL THE PROPERTY, BOTH WELLS ARE SUBSTANTIAL WITH 2.5 MILLION GALLONS A DAY. WE WILL GET ANOTHER 5 MILLION GALLONS OUT OF THAT. I DON'T KNOW IF HE WILL PUMP AT THAT RATE BUT WE CAN IF WE NEED TO. THE OTHER THING WITH WELLS, WE HAVE AMPLE SUPPLY BUT WE NEED REDUNDANCY.

MOVING THE WELL IN THE SUMMERTIME WE NEED BACKUP. THE OTHER PROJECTS GOING DOWN THE LIST. WESTSIDE WATER MAINS, EASTSIDE WATER MAINS. OUR SYSTEM, THE WAY THINGS RUN WE LOOK AT EASTSIDE AND WESTSIDE AND I WON'T GO INTO ALL THE DETAILS OF THAT, BUT THE MAINS ARE TO FILL IN THE GAPS, A LOT OF THEM ARE 1000 FEET TO 1500 FEET. SOME OF WHICH ON THE WEST SIDE ARE LEFT OVER FROM WHEN WE BUY THE INDIANAPOLIS SYSTEM WHICH WAS UNDERSIZED SO WE NEED TO COMPLETE THAT AND THE SAME ON THE EAST SIDE. WE HAVE A GENERATOR COMING, THE PLANT ONE WHICH IS A GENERATOR NOW THIS IS A BACKUP GENERATOR THAT WE HAVE A MUCH LARGER GENERATOR THAT WILL COME THAT CAN HANDLE THE FULL PLANT UNDER PEAK DEMANDS AND WE WILL NEED ELECTRICAL AND CONCRETE WORK TO GET IT DONE. THAT'S THE BASICS OF THE PROJECT. YOU KNOW I WOULD ADD IN THAT AS SCOTT SAID WHAT IS NOT IN THE FINANCIAL ANALYSIS IS GROWTH , IN TERMS OF NEW CUSTOMERS. THE OTHER THING THAT'S NOT IN THERE IS CONNECTION FEE. THE DEVELOPMENT WILL HAVE A LARGE WATER CONNECTION FEE. I DON'T KNOW EXACTLY WHAT THAT WILL BE, BUT WHEN CARMEL DRIVE IS DONE AAA WILL GET A NEW WATER MAIN. SO WE HAVE A 45-YEAR-OLD WATER MAIN THAT WILL BE REPLACED AND UP SIZED. 126 STREET WAS DONE,

[01:45:03]

OFTENTIMES WHAT HAPPENS , THERE'S NO QUESTION WE HAVE TO STAY ON TOP OF IT AND NO WHAT'S COMING. OFTENTIMES I WILL SEE DEVELOPMENTS IMPROVE OVERALL FOR THE ENTIRE AREA.

WHEN I CALLED MOHAWK PLAZA JUST TO THE NORTH. NEW WATER IS GOING IN. SO THERE'S A LOT THAT GOES INTO IT, YOU HAVE TO TAKE INTO ACCOUNT WROTE PROJECTS. IN THE END THESE PROJECTS WILL TAKE US OUT A LONG WAY. NOT TELL YOU THERE WON'T BE OTHERS, BUT FOR THE MOST PART WE WILL BE IN REAL GOOD SHAPE IF WE CAN GET THESE DONE.

>> THANK YOU JOHN I REALLY APPRECIATE THAT THOROUGH EXPLANATION, IT MEANS A LOT THAT WE ARE SEEING HOW YOU PLAN FOR THESE THINGS MOVING FORWARD. THANK YOU.

>> THIS WILL PROBABLY BE SOMEWHAT FOR SCOTT. YOU TALK A LITTLE BIT ABOUT HOW MUCH INTEREST HAS BEEN CAPITALIZED

OVER THE PERIOD SINCE 2008 . >> SO THIS IS A LITTLE BIT DIFFERENT ANIMAL. LET ME SHOW YOU . I MAY HAVE ACTUALLY, HAVE A DRAFT OF THE PRELIMINARY OFFICIAL STATEMENT WHICH WE ARE IN THE PROCESS OF FINALIZING. WHAT IS HAPPENING WITH THE CADS . IT IS THAT WE BORROWED, BACK IN 2008 WE BORROWED ABOUT $20.6 MILLION CAPITAL APPRECIATION BONDS.

WHAT HAPPENS IS THAT THERE ARE NOT ANY PAYMENTS OR HAVE NOT BEEN ANY PAYMENTS ON THE BOND SINCE 2008 WHEN THEY WERE ISSUED. INSTEAD WHAT'S HAPPENING THE INTEREST IS ACCRUING SO BY THE TIME , IF WE WERE TO LEAVE THESE OUTSTANDING AND MAKE THE PAYMENTS AS THEY ARE SCHEDULED, WE WOULD END UP PAYING $76,240,000 OF PRINCIPAL INTEREST. 55.6 MILLION OF INTEREST AND 26 POINT MILLION OF PRINCIPAL SO THAT GIVES YOU AN IDEA OF THE TOTAL ON THAT PIECE.

>> THANK YOU. WHY DID WE LOOK AT THIS REFUNDING LAST YEAR INSTEAD OF 20 OR 21 WITH HISTORICALLY LOW MUNICIPAL BOND RATES? PARTICULARLY THE 97 MILLION OF THIS HAS TO BE TAXABLE. VERSUS TAX-EXEMPT. ?

>> A COUPLE OF REASONS. ONE FRANKLY THE UTILITY FINANCIALLY IS NOT IN THE PLACE TO DO IT. WE NEEDED A RATE INCREASE TO BE ABLE TO DO THIS FINANCING. THERE IS NO WAY THE FINANCING MOVES FORWARD WITHOUT THE RATE INCREASE ADOPTED IN DECEMBER AND YOU WILL ALL RECALL WHAT HAPPENED IN NOVEMBER NOBODY LIKES TO HAVE A RATE INCREASE BEFORE AN ELECTION.

>> THAT LEADS TO MY OTHER QUESTION AND MAYBE MR. DUFFY CAN HELP WITH THIS. YOU KNOW, I SEE THIS THROUGHOUT THE STATE OF INDIANA WHERE SOMETIMES A UNIT OF GOVERNMENT DECIDES THEY WANT TO HOLD RATES, UTILITY RATES AT A CERTAIN RATE. WHEN THEY COULD'VE INCREMENTALLY, SINCE 2008 INCREASED THESE BY MINUSCULE AMOUNTS EVERY YEAR AND WE WOULD'VE BEEN IN A DIFFERENT FINANCIAL SITUATION ON A DOUBLE B NEGATIVE BOND RATING AND WE WOULD'VE BEEN ABLE TO DO THIS REFUNDING AT HISTORICALLY LOW INTEREST RATES INSTEAD OF COMMUNAL THEY HAVE GONE BACK DOWN A LITTLE BIT IN 24 COMPARED TO 23, BUT CAN WE TALK ABOUT WHY WE ARE USING THIS STRATEGY INSTEAD OF MAYBE AT CERTAIN POINTS THROUGHOUT THE LAST IN OH 2008 INCREMENTALLY INCREASE RATES TO SORT OF OVERCOME THESE

CHALLENGES EARLY ON? >> JOHN, YOU HAVE MORE HISTORY ON THIS FOR CARMEL THAN I DO. IT WAS 2016 THAT COUNCIL ADOPTED AN ORDINANCE THAT PROVIDED FOR AN ANIMAL 3% INCREASE IN RATES SO THAT HAS BEEN TAKING PLACE SINCE 2016.

PART OF THAT, IT HAD BEEN SOME TIME, I DON'T RECALL OFF THE TOP OF MY HEAD WITH THE PRIOR RATE INCREASE WAS.

[01:50:04]

>> WAS THERE A CERTAIN NUMBER OF USERS THAT CAME ON EVENTUALLY 2016? WHAT WAS THE STRATEGY?

>> IN 2012 THE RATES WERE RAISED. I DON'T RECALL THE EXACT PERCENTAGE AT THE TIME AND THEN IN 2016 THERE WAS ANOTHER RATE INCREASE AND AT THAT TIME WE ALSO ADOPTED , GOING FORWARD, 3% A YEAR AUTOMATICALLY , IF YOU WILL. I CAN'T SAY THAT THERE WAS A SPECIFIC STRATEGY AT THE TIME.

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

OF THE CABS AND OTHER? >> YEAH, LET ME JUMP IN. THE 2000 A BOND ARE THE SENIOR LIEN DEBT FOR THE UTILITY, THOSE BONDS HAVE THE PRIORITY ON ANY NET REVENUETHAT COMES INTO THE UTILITY. WE ALSO HAVE A COUPLE OF OTHER BONDS THAT ARE JUNIOR TO THOSE. SO, THIS TRANSACTION WILL TAKE CARE OF THAT, AS WELL , BY REPLACING THE SENIOR LIEN DEBT EVERYTHING WILL HAVE THE SAME STATUS SO THAT'S ANOTHER CLEANUP THAT GOES ON AS PART OF THE PROCESS. I WOULD ALSO REFER BACK TO SOMETHING JOHN MENTIONED EARLIER. WE DID CALCULATE, AND I DON'T RECALL OFF THE TOP OF MY HEAD THE NUMBER, A LITTLE NORTH OF 70% OF A RATE INCREASE THAT WOULD HAVE BEEN NEEDED IN 2008 TO DO A MORE TRADITIONAL FINANCING TO FUND THE IMPROVEMENTS. SO YOU KNOW THAT 70% INCREASE WOULD'VE BEEN PAID BY CUSTOMERS ALL THESE YEARS SINCE AND WE HAVE BEEN ABLE TO AVOID THAT. NOW NOBODY LIKES A 35% INCREASE, BELIEVE ME I HAVE BEEN HEARING ABOUT IT SINCE DECEMBER. THAT WE HAVE GOT THE RATE INCREASE, BUT BECAUSE OF THE GROWTH AND BECAUSE OF THE FINANCING STRUCTURE WE HAVE BEEN ABLE TO DELAY THAT IMPACT TO EVERYBODY AS WE HAVE ALLOWED MORE CUSTOMERS TO CONNECT. IDEALLY WE WOULD HAVE DONE IT WHEN INTEREST RATES WERE AT A HISTORIC LOW, NO DOUBT. THE UTILITY WAS JUST NOT IN A PLACE FINANCIALLY TO DO IT AT THAT

POINT. >> THANK YOU. ONE LAST QUESTION. SO, COMMISSIONER HAS BEEN WORKING ON A COUNTYWIDE WATER STUDY. ONE OF THE HIGHEST USERS OF WATER IN THE COUNTY IS ACTUALLY LOCATED IN CARMEL. I BELIEVE DRAWS FROM OUR AQUIFER AND USES IT IN OPERATIONS AND RELEASES IT TO THE WHITE RIVER. SO I WAS WONDERING DIRECTOR , WE ARE HAVING CONVERSATIONS WITH MARK WATER SUPPLY AND USAGE, OBVIOUSLY VERY IMPORTANT. WE ARE BLESSED TO BE INVOLVED IN

[01:55:02]

>> NOT SPECIFICALLY, BUT I AM AWARE OF THE STUDY YOU ARE REFERRING TO AND THE USER. TO ANSWER YOUR QUESTION, YES.

THERE IS DISCUSSION OF THAT , THERE IS ON THE EAST SIDE THERE IS A REASON WHY CARMEL IS IN THE CORRIDOR AREA THAT'S WHERE THE WATER IS AND IT'S NOT JUST FOR US IT'S NORTH OF 146 STREET AS WELL. INDIANAPOLIS WATER SORRY CITIZEN WATER PULLS OUT OF THERE AS WELL AND YOU KNOW I GUESS I WILL JUST SAY MARK MARIETTA IS THE ENEMY AND THEY HAVE BEEN IN BUSINESS FOR A LONG TIME. THERE IS MUTUAL COOPERATION GOING ON WITH THEM AS WELL. SO IT IS A VERY INTERESTING STUDY. THERE IS A LOT GOING ON IN THE NORTHEAST PART BY RIVER ROAD NORTH OF 146 STREET. THERE IS A LOT OF ACTIVITY THERE IN TERMS OF WATER POKE CACHE BOTH OURS AND MARTIN MARIETTA , WE HAVE INTERACTED WITH MARIETTA FOR YEARS , WE HAVE ALWAYS HAD A GOOD RELATIONSHIP WITH THEM.

>> THEY ARE A GREAT COMPANY. >> WE HAVE ALWAYS BEEN ABLE, WE HAVE A GOOD RELATIONSHIP WITH THEM WE HAVE BEEN ABLE TO WORK THROUGH SOME OF OUR MOST PRODUCTIVE WELLS. I TAKE THAT BACK, THE MOST REDUCTIVE WELLS ARE RIGHT ADJACENT.

>> IF THERE IS ANY WAY, MAYBE THERE IS A CONNECTION WITH FOR THE CONVERSATION WE CAN HAVE TO SEE HOW WE CAN RETAIN, CAN'T REMEMBER HOW MILLION -- MANY MILLIONS OF GALLONS BUT RETAIN THAT INSTEAD OF GOING DOWNSTREAM MAYBE KEEP IT HERE TO REPLENISH THE AQUIFERS. THANK YOU, SIR. APPRECIATE YOU.

COUNSELOR TAYLOR'S POINT. WE TALKED ABOUT HAVING ENOUGH WATER AND BEING ABLE TO SUSTAIN CARMEL AND ITS GROWTH. THOSE EDGES AREAS LIKE GROWTH IN WESTFIELD OVER THE NEXT YEARS.

IF THEY ARE ALL SOMEWHAT IN LINE FOR SHARING THE AQUIFER WHERE THE UNDERGROUND WATER SUPPLY, EVEN THOUGH WE MAY HAVE ENOUGH FOR US, IF THE OTHER ENTITIES START TAPPING INTO IT, ESPECIALLY AS WATER BECOMES MORE AND MORE SCARCE. WE HAVE SEEN IN THE NEWS ABOUT DISAGREEMENTS ON WATER SOURCES TO THE NORTHWEST AND PEOPLE TRYING TO TAP INTO OR PIPELINE.

IF WE ARE IN A SWEET SPOT FOR WATER, YOU KNOW THERE IS RISK THERE IN THE FUTURE.

QUESTION. AND YOUR CONCERN. THE BEST THING I CAN TELL YOU IS YOU HAVE A GOOD WORKING RELATIONSHIP WITH MARK MARIETTA AND CITIZENS. WE INTERACT WITH THEM AND SHARE DATA. IT SERVES A LOT OF PEOPLE THE AQUIFER NOT JUST IN CARMEL. I INDICATED EARLIER WHEN WE HAD TO EXPAND WE WENT SOUTH AWAY FROM LEGACY.

SO THE WELLS WE DEVELOP SOUTH ARE NOT PART OF THAT AREA.

WHAT I'M SAYING , WE ARE SPREAD OUT ENOUGH WHICH IS ANOTHER REASON WHY I WANT TO BUILD TWO MORE WELLS SO WE KEEP SPREADING TO NOT IMPACT EACH OTHER AS MUCH. MY OPINION IS THERE IS PLENTY OF WATER FOR THE COUNTY. IT IS ALSO A FACT LONG IRRIGATION HAS HUGE IMPACT ON THAT, NOT TALKING ABOUT THE AVERAGE DAY HERE. WE HAVE MORE THAN ENOUGH WATER FOR THE AVERAGE DAY. THE BIG USAGE IN RESIDENTIAL COMMUNITIES LIKE CARMEL AND BUS FILLED IS AUTOMATIC IRRIGATION. I BRING THAT UP BECAUSE THAT'S PART OF THE EQUATION AS WELL.

>> THANK YOU. ANY MORE QUESTIONS FOR ANYONE AND YOU ONE LOOKING FOR MOTION OR WHATEVER THE COUNCIL WANTS WE CAN SEND IT TO FINANCE OR SUSPEND THE RULES AND PRESS.

>> WHAT IS THE TIMELINE? WHAT'S THE NEED?

>> CAN YOU TELL US THE TIMELINE?

>> THERE WAS NOT AN IMMEDIATE TIMELINE BUT THERE IS

[02:00:06]

>> WE HAVE TO GO TO COMMITTEE THEN WE HAVE TO GET IT DONE APRIL 9TH. OR GO BACK TO LEGAL AND REWORK EVERYTHING. JOHN.

>> WE HAD TO GO BACK AND AMEND THE BAN ORDINANCE ALLOWING US TO EXTEND.

LISTED. TO RETIRE THE 2008 -- 19 BAN --

>> WE WILL SEND IT TO COMMITTEE. WE CAN GET ALL THOSE

QUESTIONS. >> OKAY, THANK YOU. X ALL RIGHT, THIS WILL GO TO FINANCE COMMITTEE. NEXT MEETING IS

APRIL 9TH POINT >> THANK YOU.

>> MOVING ON TO 14 C, RESOLUTION CC-03-18 . THE CITY OF CARMEL, INDIANA, APPROVING THE TRANSFER OF FUNDS BETWEEN THE GRANT FUND, CPD, NUMBER 900, AND THE GENERAL FIND 101. I GOT A MOTION TO INTRODUCE?

>> SECOND. >> ALL RIGHT. CAN YOU READ

THIS? >> SURE. SYNOPSIS TRANSFER .

FROM THE GRANT FUND CPD NUMBER 900 AT THE GENERAL FUND, NUMBER 101, SO THAT FEDERAL GRANT FUNDS RECEIVED FOR THE CARMEL POLICE DEPARTMENT'S PARTICIPATION IN THE DUI TASK FORCE QUICK RESPONSE TEAM, AND THE CLICK IT TO LIVE IT PROGRAM CAN BE USED TO PAY OVERTIME EARNED BY OFFICERS WHO WORKED ON THE PROGRAMS. AND FOR THOSE WHO DON'T KNOW, THEY DUI TASK FORCE IS THE PRIMARY IMPAIRED DRIVING COUNTERMEASURE ENFORCEMENT PROGRAM IN THE STATE, AND IT IS -- THE QUICK RESPONSE TEAM WAS CREATED TO RESPOND TO COMMUNITY MEMBERS, SUBSTANCE USE DISORDER AFTER AN OVERDOSE SO THEY CAN GET HELP TO THOSE PEOPLE WITHIN 48 TO 72 HOURS, AND THE CLICK EDIT TO LIVE IT PROGRAM IS FORMALLY KNOWN AS OPERATION PULLOVER, WHICH WAS DESIGNED TO INCREASE SEATBELT USAGE. SO, THESE ARE ALL HARM REDUCTION AND HARM PREVENTION

PROGRAMS. >> BENJAMIN, DO YOU HAVE ANYTHING TO ADD? THE LEAST YOU?

>> NO. >> ALL RIGHT, MOVED TO APPROVE.

>> I AM HERE, I DON'T KNOW WHY MY CAMERA IS NOT WORKING.

>> ALL RIGHT. >> THAT'S FINE, WE WOULD JUST COUNT HER AS ABSTAINING, I GUESS.

>> ALL RIGHT. APPROVED. EIGHT AND ONE ABSTAINING

>> THAT'S GOOD, THANK YOU. MOVING ONTO RESOLUTION CC-03-18-TO 4-02, RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA RECOGNIZING MARCH 2024 AS INTERNATIONAL DISABILITY AWARENESS MONTH.

COUNCILMEMBERS ? CAN YOU READ THE SYNOPSIS?

>> THIS RESOLUTION RECOGNIZES MARCH 2024 AS NATIONAL DISABILITY AWARENESS MONTH POINT I AM NOT GOING TO READ THE WHOLE RESOLUTION, BUT YOU CAN SEE IT IN THE POCKET. THE REASON WE ARE DOING THIS, ONE CANNOT WE ALWAYS WANT TO RECOGNIZE THINGS LIKE THIS, BUT WE HAVE A CONSTITUENT IN THE CROWD, MR. ANDY LEFFLER, IN THE SOUTHEAST DISTRICT, HE MET RECENTLY WITH ME AND DAVID LITTLEJOHN, WHO REPRESENTS THE A.D.A. COMPLIANCE FOR THE CITY, AND FORMER COUNSELOR LAURA CAMPBELL, WHO STARTED THE CITY'S DISABILITY COMMISSION, AND HE BROUGHT A COUPLE OF ISSUES REGARDING DISABILITY ACCESS IN THE CITY, HE HAS WITH RELAY INDIANA, WHICH SUPPORTS OUR DEATH COMMUNITY, AND I WAS GOING TO INVITE HIM UP, BUT FOR

[02:05:02]

UP TO MAKE A FEW COMMENTS. >> IT'S IMPORTANT THAT CARMEL LOOKS OUT FOR PEOPLE WITH DIFFERENT KINDS OF ABILITIES, IT HELPS THEM GET AROUND THE CITY. THE CARMEL ALREADY HELPS PEOPLE WITH MANY KINDS OF DISABILITIES. DO YOU KNOW WHY LANDSCAPING CROSSINGS IS ONLY THREE FEET HIGH? IT IS SO YOU CAN SEE A PERSON IN A WHEELCHAIR TRYING TO CROSS AND

THEY CAN SEE THE CARS, TOO. >> MOM, LOOK, THIS CROSSTALK IS BUILT TO HELP THE BLIND AND VISUALLY IMPAIRED WITH CROSSING INSTRUCTIONS AND BUMPS IN THE SIDEWALK TO INDICATE THAT THE NEXT STEP WILL BE IN THE STREET. THE BUMPS THAT WILL ALLOW THEIR CANS TO DETECT AN INTERSECTION AND THE INSTRUCTIONS TELL THEM WHEN IT IS SAFE TO CROSS. SOME PEOPLE KNOW THAT CARS AND BIKES SHOULD BLOCK THE PATH MY THIS IS A TRIP HAZARD FOR PEOPLE WALKING AND BLOCKS WHEELCHAIRS THEY SHOULD USE THAT BIKE RACK. LOOK AT THIS, THERE IS NO PROGRAM TO ALLOW WHEELCHAIR ACCESS. I AM GOING TO USE THE CALL FEATURE ON THE MY CARMEL APP THAT ALLOWS ME TO REPORT THE ISSUE TO THE CITY. I HEAR THEY RESPOND QUICKLY TO ISSUES LIKE THIS. EVERYONE CAN DOWNLOAD THIS APP AND REPORT THINGS, EVEN ME. IT HELPS MAKE CARMEL ACCESSIBLE TO EVERYONE.

>> AND THE MAYOR HAS A NEW VIDEO THAT SHE IS WORKING ON WITH CARMEL HIGH SCHOOL ABOUT DISABILITY AWARENESS MONTH, IT WASN'T READY TONIGHT, THAT IS BECAUSE SHE IS ACTUALLY HAVING MEMBERS OF CARMEL HIGH SCHOOL EDIT THE VIDEO, I APPRECIATE THAT INVOLVEMENT. PLEASE KEEP AN EYE OUT FOR THAT IN THE SOCIAL MEDIA CHANNELS. ANDY AND HIS WIFE HERE IS THE INTERPRETER. WOULD YOU PLEASE COME UP AND MAYBE -- HE HAS BEEN INSTRUCTED TO KEEP IT AT THREE MINUTES, THIS WON'T BE LIKE THE UTILITY DISCUSSION, I APOLOGIZE.

>>

>> SHORT AND SWEET, I KNOW IT HAS BEEN A LONG NIGHT FOR EVERYONE.

MY LOVELY WIFE IS VOICING FOR ME TONIGHT. THANK YOU, COUNCIL, FOR YOUR TIME. OBVIOUSLY, I AM A CITIZEN WITH A DISABILITY. I WAS BORN DEAF AND I LIVE HERE IN CARMEL, I HAVE LIVED HERE FOR 20 YEARS, I LOVE IT HERE. DID YOU REALIZE THAT ONE OUT OF FOUR AMERICANS HAVE A DISABILITY? AND THAT NUMBER IS RISING. THAT INCLUDES MOBILITY ISSUES, COGNITIVE, DEAFNESS, BLINDS, LOW VISION, AND NOT ONLY THAT, BUT 25% OF SENIOR CITIZENS HAVE HEARING LOSS. AND SOMEDAY , ALL OF YOU PROBABLY WON'T BE ABLE TO HEAR ME, WE ALL WANT. YOU WILL BE LIKE ME.

I WOULD LIKE TO SEE CARMEL MORE INCLUSIVE WITH PEOPLE WITH DISABILITIES. I THINK IT IS GREAT TO SEE THAT VIDEO AND THINGS THAT WE ARE DOING, AND I SEE MORE AND MORE RANTS, I SEE ACCESSIBILITY FEATURES IN ELEVATORS, BUT SOMETIMES WE OVERLOOK SOME THINGS, AND FORGET, FOR EXAMPLE, PEOPLE WITH HEARING LOSS, WHICH IS IMPORTANT TO HAVE CAPTIONING.

WE SAW THAT VIDEO AND IT WAS A PERFECT EXAMPLE OF CAPTIONING.

YOU COULD USE THAT. YOU CAN MAKE SURE ALL THE WEBSITES ARE CAPTIONED, THAT ALL OUR PUBLIC PLACES USE CAPTIONING ON TV.

YOU COULD EVEN THINK HERE AT THE COUNCIL MEETING, PUT CAPTIONING UP ON THE SCREENS WHILE YOU ARE SPEAKING AND MAKE IT A LOT EASIER FOR PEOPLE THAT ARE IN ATTENDANCE. THERE IS SO MUCH TECHNOLOGY WE COULD TAKE ADVANTAGE OF TODAY. AND HOW CAN YOU HELP? JUST CHECK AND MAKE SURE THAT CARMEL IS READY AND PREPARED TO BE ACCESSIBLE FOR PEOPLE WITH HEARING LOSS LIKE MYSELF. AND THERE IS AN OFFICER IN THE BACK, I WANT YOU TO KNOW, I DON'T PLAN TO COMMIT A CRIME TONIGHT, BUT ARE YOU PREPARED IF THERE IS A PERSON LIKE ME THAT BREAKS THE LAW TO HANDLE THEM? ARE OUR FIRST RESPONDERS PREPARED TO HANDLE PEOPLE WITH DISABILITIES OR WORK WITH THEM IN A TIME OF NEED? THAT IS SOMETHING WE CAN DO AS A CITY TO IMPROVE UPON.

AND I ALSO ENCOURAGE -- ONE OF MY VISIONS IS THAT ALL THE TV IS IN PUBLIC RESTAURANTS AND AERIALS, PUBS, SCHOOLS, GYMS, ALL I MEDICALLY HAVE THEIR CAPTIONING ON AT ALL TIMES, THAT IS MY DREAM. I SEE SOME CITIES STARTING TO DO THAT. I

[02:10:03]

AND AS I SAID, YOU ALL CAN MAKE CARMEL THE BEST PLACE FOR PEOPLE WITH DISABILITIES TO LIVE. SO, THANK YOU VERY MUCH FOR YOUR TIME. I WANT TO THANK COUNCILMAN ARMENTA FOR INVITING US TONIGHT, THANK YOU.

>> AND ANDY DID SAY, I WAS TEXTING HIM SAYING I APOLOGIZE FOR THE LONG MEETING, HE SAID IT WAS REALLY FINE AND HE WAS ENJOYING IT, HE MUST BE A GLUTTON FOR PUNISHMENT, SITTING FOR THE BOND TOP TONIGHT. LAURA CAMPBELL DID TELL ME SHE SPOKE WITH CECELIA AND THERE IS GOING TO BE IN SOME JOINT CONVERSATIONS ABOUT ENCOURAGING CLOSED CAPTION USED IN BUSINESSES, WE DON'T WANT TO MANDATE IT, WE DON'T WANT TO MANDATE THAT ON ANYONE, BUT WORKING WITH ONE ZONE TO A CREDIT AS A VOLUNTARY THING THAT SOME BUSINESSES MIGHT DO.

MINNAAR? >> I WANT TO SAY THANK YOU SO MUCH FOR COMING TONIGHT, I REALLY APPRECIATE IT. I HAVE A NEIGHBOR WHO IS HEARING IMPAIRED, HIS NAME IS JAY KRIEGER. HELLO, J, YOU'RE WATCHING TONIGHT. DO YOU GUYS KNOW JAY? HE LIVES ABOUT 10 HOUSES FROM ME. I WANT TO THANK YOU SO MUCH FOR BRINGING THAT TO OUR ATTENTION. I ALSO HAVE A DAUGHTER WHO IS A SPECIAL EDUCATION TEACHER. SO, THIS IS SOMETHING THAT IS CLOSE TO MY HEART. I JUST WANT TO THANK YOU FOR YOUR TIME AND EXPRESSING YOUR FEELINGS, THANK YOU SO

MUCH. >> COUNCILMEMBER TAYLOR?

>> THANK YOU FOR COMING. I THINK IT IS AN OPPORTUNITY TO USE THIS RESOLUTION TO NOT ONLY RECOGNIZE NATIONAL DISABILITY AWARENESS MONTH, BUT TO ENCOURAGE OTHERS IN THE COMMUNITY TO TAKE ACTION WITH THEM SPECIFIC ITEMS. MY MOM IS DEAF, HAS TWO COCHLEAR IMPLANTS. SHE LOST HER HEARING PERMANENTLY WHEN WE WERE -- WHEN I WAS IN HIGH SCHOOL. SHE TAUGHT -- SHE IS AN ASL -- SHE IS FLUENT IN ASL. ALSO TAUGHT AT THE BLIND SCHOOL. SO, SHE WAS A DEAF TEACHING THE BLIND FOR OVER 12 YEARS. ORIENTATION MOBILITY IN ELEMENTARY EDUCATION. I THINK ENCOURAGING BUSINESSES TO USE THE CLOSED CAPTION IS GREAT. I WOULD ALSO LIKE TO ENCOURAGE PARTICULARLY THOSE WHO RECEIVE OUR GRANT FUNDING, ET CETERA FROM THE CITY, AND AT CITY EVENTS, TO HOST AN ASL INTERPRETER. I THINK OTHER THINGS LIKE ENCOURAGING AND EDUCATING BUSINESSES ON HOW TO ENSURE THERE ARE SIDEWALKS AND ENTRANCES THAT ARE CLEAR. SOMETIMES IT IS JUST A MATTER OF EDUCATION FOR MANY OF THESE ITEMS. AND ALSO, I THINK THE CITY ENGINEERING IS AWAITING NEW STANDARDS RELATED TO ROUNDABOUTS, BUT IF YOU ARE BLIND OR VISUALLY IMPAIRED, USING ORIENTATIONAL ABILITY, IT IS VERY DIFFICULT TO CROSS AT A ROUNDABOUT INTERCHANGE, SO HOPEFULLY WHEN NEW INTERNATIONAL STANDARDS, THE CITY ENGINEERING CAN LOOK AT WAYS TO INCREASE THE ACCESSIBILITY FOR THOSE WITH DISABILITIES TO CROSS OUT ROUNDABOUTS. SO, I HOPE THIS ACTION TODAY IS JUST NOT TO RECOGNIZE THE MONTH FOR WHAT IT IS, BUT ALSO TO HELP ENCOURAGE AND EDUCATE OUR CITIZENS, OUR ORGANIZATIONS, AND THE CITY TO INCLUDE THESE ITEMS AT OUR EVENTS AND THEIR EVENTS. THANK YOU.

>> ANY OTHER COMMENTS FROM THE COUNCIL? LOOKING FOR A MOTION?

>> SECOND. >> ALL RIGHT, DISCUSSION? ALL

RIGHT, ROLL CALL VOTE PLEASE. >>

WE HAVE EIGHT IN THE ROOM. >> ALL RIGHT, THANK YOU.

MOVING ONTO RESOLUTION, CC-03-18-24-03, RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA APPROVING THE SUSPENSION OF THE SHORT-TERM RESIDENTIAL RENTAL ORDINANCE DURING CERTAIN PERIODS OF THE YEAR, SPONSORS, COUNSELORS AASEN AND WORRELL.

>> SECOND. >> ALL RIGHT. COUNCIL WORRELL, WOULD YOU LIKE TO READ THE SYNOPSIS PLEASE?

>> A, APPROVED A DATE SUBMITTED BY THE MAYOR FOR ORDINANCE SECTION 5.73, SHORT-TERM RESIDENTIAL RENTALS IN 2024 , THE DATES ARE MARCH 22 THROUGH 24, APRIL 5 THROUGH EIGHT, MAY

[02:15:08]

LOOK FOR A MOTION TO APPROVE. >> MOVED TO APPROVE.

>> SECOND. >> ALL RIGHT, DISCUSSION? OH,

YEAH, GO AHEAD. >> ACTUALLY, I AM GOING TO ABSTAIN FROM THIS VOTE, BECAUSE AS THE PRESIDENT WHO RATIFIED COVENANTS TO BAN SHORT-TERM RENTING, I THINK IT WOULD BE DISINGENUOUS TO CAST A VOTE IN THIS. JUST WANTED TO SAY THAT.

>> THANK YOU. SO, I THINK BY RULE, YOU HAVE TO LEAVE.

>> TRYING TO GET YOU OUT EARLY.

CALL VOTE PLEASE. >> SO,

APPROVED. >> THANK YOU. MOVING ON TO ITEM 15, AGENDA ADD ON ITEMS, THERE ARE NONE. ITEM 16, OTHER BUSINESS, THERE IS NONE. ITEM 17, ANNOUNCEMENTS, ANY ANNOUNCEMENTS FROM THE LEFT? ANY ANNOUNCEMENTS FROM THE RIGHT? NO ANNOUNCEMENTS. ALL RIGHT, WITH THAT, THE

* This transcript was compiled from uncorrected Closed Captioning.