Redevelopment Commission Meeting 04/12/2018

The Charlestown Redevelopment Commission had its regularly scheduled meeting on Thursday, April 12 at 9:00 AM. Following is a summary of the meeting. Full audio is available at the end of the summary.

  1. Call to Order/Pledge of Allegiance
  2. Determination of a Quorum and Roll Call
    • George Roberts – absent
    • John Spencer – present
    • Ted Little – present
    • Eric Vaughn – present
    • Mayor Bob Hall – present
    • City attorney Michael Gillenwater – present
    • Clerk Treasurer Donna Coomer – present
  3. Minutes from previous meeting, claims, and payroll allowance docket 03/18/2018 to 04/07/2018 combined into one motion for approval
    • Motion to approve all made by Ted Little
    • Seconded by John Spencer
    • No Discussion
    • Unanimous approval
  4. Items of Business
    • Renaissance Project Update – City attorney Michael Gillenwater is in the process of drafting the Request for Proposals (RFP) for the project. If authorized, the RFP will be published in the local newspapers. Conversations have been had with some developers who are interested in the project but the publication of the RFP should identify others who are interested. The current time frame places negotiations happening in June with approval of the proposal in July. Construction should begin this year and be completed next year. Mr. Gillenwater noted that if the city conveys the property to a developer at a sales price below appraised value an additional 30 day period will be needed. Mr. Gillenwater is seeking approval to move forward with completing and publishing the RFP.
      • Motion to allow Mr. Gillenwater to complete final language and move forward with the RFP made by John Spencer
      • Seconded by Ted Little
      • During additional discussion Mayor Hall noted that the development will require a table-service restaurant with commercial space on the ground level and residential space on the second and third floors.
      • Unanimous approval
    • 2018-R-5 – Creation of a TIF district to encompass the Hospital property
      • Jon Anderson, Tax Credit Finance Attorney for the North Clark Community Hospital spoke about a proposed TIF of the hospital property. He provided a copy of his proposal packet to commission members. He noted that he has met with Mayor Hall and Mr. Gillenwater to discuss this site specific TIF only on the hospital’s 17 acre site. He proposes a TIF that will capture the increment taxes of the property to fund bonds that the hospital will use to finish renovations. Current assessed value of the property is $800,000. That base amount will remain payable. The hospital asks for a TIF rather than a typical tax abatement because the TIF allows them to take out bonds which make cash immediately available (paid back through capturing the tax increment) rather than simply not paying taxes as in a traditional abatement. The hospital has already spent $5 million on mechanical, electrical, and plumbing changes. The plan includes an emergency room, general practitioner beds, psychological care beds, and intensive care beds. The hospital anticipates creating 137 jobs in the second year of operations. He noted that he is happy to answer questions and come back at the next meeting if the Commission wants time to review the plan.
      • During a discussion of the approval process, it was mentioned that the city council meets before the plan commission in May but the proposal needs to go through the plan commission first. Mayor Hall said that meetings can be adjusted so that the plan commission can review the proposal before the May city council meeting.
      • Motion to approve 2018-R-5 made by John Spencer and seconded by Eric Vaughn. No additional discussion. Approved unanimously.
      • Mr. Anderson noted that several errors in the existing document will be corrected then re-sent to the Mayor’s assistant: “Draft” removed from the proposal, correction of a number on page five from 16 to 19 (unclear what the number refers to since copies not provided to audience), correction of signature pages for City Council and Redevelopment Commission (names taken off website were incorrect).
  5. Mayor Hall asked for Jon Anderson to remain in the room and asked for Eric Vaughn to close out the meeting.
    • Motion to adjourn made by Eric Vaughn
    • seconded by John Spencer
    • Approved unanimously

Full audio of meeting (22:18) available here: 

City-NEws-e1455073509249

Author: Treva Hodges

Resident of Charlestown, Indiana. Advocate.

2 thoughts on “Redevelopment Commission Meeting 04/12/2018”

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