No Bookmarks Exist.
Yeah. 00:00:01
I. 00:00:07
I want to stay up front. 00:00:14
We got a big house today. 00:00:27
These are these are on. You turned them on, dude. 00:00:29
OK. All right. We're going to call the Redevelopment Commission meeting to order roll call, please, Chris. 00:00:34
Here. 00:00:43
Here. 00:00:46
Here. 00:00:48
Here. 00:00:49
Here all right, Rich is out of town today so he's not going to be able to join us but we do have a quorum so. 00:00:51
OK. Your first order of business is the approval of our minutes from January 16th. Is there a motion to approve? 00:00:59
Motion to approve. Motion by John. Is there a second? Second. 00:01:09
Second by Brad, is there any discussion? 00:01:15
All in favor say aye aye. Motion carries and looks like we have one claim for approval with young Lynn Anderson craft in the 00:01:17
amount of 637 motion to approve. 00:01:23
Any further discussion? No. All right. All the speakers say hi. Motion carries. 00:01:35
Theresa, I'll put that up here. 00:01:42
OK, Don, I think you're up because we have some reports. 00:01:49
Yes, just for your information, are the reports of the different funding sources, There's nothing really to report there. One of 00:01:54
the items that was in your packet I'll go to is the very last one, which is to Make My Move program, just to give you an update on 00:02:00
that. 00:02:06
We've got three moved, ten that have accepted, two that were offered as of the time that was done. There's actually the third one 00:02:14
that was. 00:02:19
An interim and so that just kind of shows you where we are in terms of. 00:02:24
Moved, accepted. We're up to about 15 so far. I know that there was a question from the subcommittee on the candidate. I've 00:02:31
reached out this morning to Catherine to ask for that clarification that you're looking for on eligibility. I haven't checked my 00:02:39
e-mail to see if she's responded yet. Yeah, that was the first one that was like you and I both caught that. 00:02:46
So yeah, no, I've reached out to to her. 00:02:55
She should give give a response on that is just. 00:02:59
Primarily where we stand with our with with the different funds and make my move. Do you have any questions I'd be happy to 00:03:03
answer. 00:03:07
Is what have we reached out? I don't know. I think we talked about this last time, the three that have moved just to be able to 00:03:12
maybe meet him, talk to him, make a testimonial, anything like that. 00:03:17
I mean, staff has talked with him and I can reach out to him. They they're. 00:03:24
Being open to kind of, I'll ask them to. 00:03:32
To kind of give you an update of their experience so far, maybe kind of just some feedback. They don't have to come and they're 00:03:36
willingness. Yeah, no, be more happy to do that. They they all seem, you know, as far as far as my interaction with them, they've 00:03:40
all seem to be very happy with. 00:03:45
Be any residents before county. Good deal. 00:03:50
And next on our agenda is public comment of I guess of any time. So if anybody has any comments. 00:03:54
Board bonds under old business, I think we have to sign our. 00:04:04
Yeah, I understand. We haven't received those yet. Still haven't received them. OK. Still waiting on those. Are we still covered? 00:04:08
OK. 00:04:11
We haven't received them. 00:04:15
Assuming we are but. 00:04:17
Last I've heard we can we can come by and sign those individually as we normally. 00:04:19
Right, yes. Do we need a? No, you can come by and sign them individually. You just need to do them and we just that's part of the 00:04:25
statutory piece of the. 00:04:29
OK. 00:04:36
OK. So next item is we have our public hearing for the Edwardsville School project and that's for the Don. You may have to jump in 00:04:37
here on this. That's for the. 00:04:43
Declaratory resolution part of that or not, that's where they. 00:04:50
Thinking of the other piece on the red water piece, this is for this is. 00:04:55
Give me just a second here. 00:05:00
This public hearing is for the conformatory resolution for the Evansville School Project, and the school project is for. 00:05:04
Improvements. 00:05:16
That are being made to the well, the creation of the of the Gateway Economic Area, which is the five parcels around the Gateway 00:05:18
Village allocation area. 00:05:24
It has went through Planning Commission for approval and it has went through the county commissioners for approval. So this public 00:05:31
hearing which was notified. 00:05:34
Is set. 00:05:39
For the. 00:05:41
For both the. 00:05:44
OK. For after this public chairman public comment about the project, so the project. 00:05:50
Just to give everyone understand the project, this is an Edwardsville build operate transfer project for the Edwardsville School. 00:05:57
As part of the agreement with the developer, the county is going is making public improvements including a regional storm water 00:06:04
basin, sanitary sewer extension all the way to Carroll Ave. Improvements to Carroll Ave. 00:06:12
And through a build operate transfer which at the end of the day there's a maximum amount of term sheet of. I think 1.5 is the 00:06:21
maximum the the. 00:06:26
Guaranteed price came in at 1.197. 00:06:31
For the improvements. 00:06:38
To that project in exchange for that the developer is going to be donating after he weather tights and improvements in the 00:06:41
process. And part of that agreement was to clean weather weatherproof touch point and replace the roof on the Edwardsville school 00:06:49
project on the Edgewood school building which that an acre plus of land would be donated for future community. 00:06:57
Center for for the county, so the developers making those improvements, we're making the the public improvements to that. So this 00:07:05
is just a resolution that will take. 00:07:11
The 120 unit apartment making its own TIF district. 00:07:18
And on allocation area and then the improvements that I've described in terms of the bond that the funds that are being raised, 00:07:24
the funds that are the tip that's being raised will pay the. 00:07:30
The bond. The bond payment. 00:07:38
For those improvements, right. So this is a public hearing on the changing of the development area and that the amended plan for 00:07:40
that. So they're adding several parcels, removing several parcels and that's the public hearing on the meeting plan which we 00:07:47
approved an initial resolution in October, I think Planning Commission and it's been since been approved by the other body. So now 00:07:53
we're confirmatory resolution stage. 00:08:00
I think we're saying the same, yes, you said it a little bit quicker than that. All right. 00:08:07
So is anyone in the public want to speak? 00:08:14
Regarding this. 00:08:18
Project. 00:08:19
I make a motion to reapprove first. I'll just know there's no public to speak. close the public hearing. That's where I was going 00:08:24
to go next. So we will close the public hearing portion and move into the new business. 00:08:30
So the first time we do have is the confirmatory resolution for the Edwardsville School project. Is there a motion to approve that 00:08:38
confirmatory resolution? 00:08:42
Do we have a resolution number? 00:08:47
Should point of order. 00:08:51
I'm going to go ahead and make a motion to close it. I think you want a motion to do a closer just so it's reflected on the 00:08:54
meeting. 00:08:58
Always. Previously, aye. 00:09:03
So now we're in the confirmatory resolution and it would be resolution one. 00:09:06
OK. 00:09:13
Is there a motion to approve? 00:09:16
Confirmatory resolution #2024-01. 00:09:19
Motion to approve. 00:09:25
Second, second, second by bread. Any discussion further on that? 00:09:27
Yeah, this does allow us to have the money to move forward. That's good to get the bonding in place. 00:09:33
All those in favor say aye aye. 00:09:38
Motion carries. Next up is the Mitch lease. Tracy, are you going to have an original for us to sign on that? 00:09:41
OK. 00:09:50
Before John gets out, you make sure you have a hard shot. 00:09:51
The Mitch lease Don's got it in front of him but and he can explain it, but that's the the farmer that was using the the property. 00:09:56
Since it's still available, Don, go ahead. 00:10:04
Last year, when the county purchased the property from the from the historic landmarks, the Redevelopment Commission purchased 00:10:08
approximately 20 acres. 00:10:14
Approximately 20 acres to the West and over park for future development. 00:10:22
There's a two leases, ones with the Redevelopment Commission. 00:10:27
I've got the Board of Commissioners, Lisa, apologize. I've got one done. I've, I've got the one with the redevelopment list. So, 00:10:32
so basically they're asking to lease the property as they had, oh, here's the redevelopment, sorry, redevelopment lease. They have 00:10:38
13 tillable acres. 00:10:44
So there's some would be that they're looking for price. 00:10:52
There are 1950 dollars. 00:10:56
And they've got the payments in the spring and in the fall in terms of amounts. 00:11:00
And it's a year lease and it's a. 00:11:06
Yeah, that's really kind of the the since there's no activity on that property, right? 00:11:10
And. 00:11:17
Yeah. I mean, we've done this in the past. 00:11:19
And the properties being used, yeah, motion to approve the farm lease to. 00:11:23
McAfee Brothers Farms, LLC. 00:11:34
Is there a motion made by John? Is there a second? 00:11:37
2nd for discussion, second from Brad. Any discussion? 00:11:40
This is in effect till when the end of December this year terminates on December Item 4. 00:11:45
Affected on April 1st to the end of the year. Yeah, OK. 00:11:53
Got it. 00:11:57
Is that it? 00:11:59
That's any other discussion. 00:12:02
All those in favor say aye aye, motion carries and I'll, I'll sign this one. Theresa, just leave it over here. 00:12:04
Like that? 00:12:13
We're the only one that signs. 00:12:14
OK. 00:12:26
All right, Nova Park updates. 00:12:29
In front of you is resolution 2024, Dash 2. 00:12:32
It's declaratory resolution for the red wire tip. 00:12:36
This would put lots one and two of Noah Park into a. 00:12:41
Into a separate allocation area for the. 00:12:46
For the Red Wire project, so this is the first step, you're at the end of the Edwardsville Chef. This is the first step in the 00:12:52
process for this for the Red Wire BOT. So it would go, if approved here, it would go to the Planning Commission, county 00:13:01
commissioners, and then come back here for a public hearing and conformatory resolutions. So yeah, Brad gave us a a. 00:13:09
Fred being on with Barnes and Thurber, he gave us a really good schedule. I don't know if you all saw your e-mail. 00:13:18
If, if everything goes according to the schedule, we'd be looking at first week, which looks like May 9th of closing the fund, 00:13:24
closing on all the funds and having them in hand. So. 00:13:30
I think that's good. It helps, helps, gives us an idea. 00:13:37
This is the path we've always been on. But is there any, I mean, any issues, concerns, not that I'm aware of. I mean we, I think 00:13:41
we. 00:13:44
Crossed all the eyes and crossed all the T's. 00:13:48
We're ready to. So you're ready for a motion? We're ready for a motion. Motion to approve Resolution 2024, Dash 02/02. 00:13:51
Is that right? 00:13:58
Is there a second? 00:14:01
Second. Second by John. Any discussion of 02? 00:14:02
Yeah, OK. 00:14:09
All those favor say aye aye. 00:14:11
Motion carries. 00:14:13
Items two and three are more informational at this time. Mr. Sherman is here to answer any questions. We are. 00:14:16
In the process, I think some some documents are in the process of being circulated around. I think there's a draft lease with red 00:14:24
wire that's being circulated around. There's also. 00:14:28
The guaranteed maximum price contract for Building 5, the VOT agreement and it's going to be circulated around as well. And then 00:14:35
there was a request for a reimbursement agreement for some additional architectural and engineering cost. 00:14:43
Associated with the project and primarily those costs are associated with 5000 square feet that the county is going to be 00:14:52
occupying in the building. Yeah, we had to just to bring you guys up to speed, if you recall we added that. 00:14:58
The building was 30,000 square feet originally and we added a wing or a. 00:15:05
In addition to the building. 00:15:11
5000 square feet for our use, for the county's use. So their architects had to go back and tweak it, make some. 00:15:13
Modifications to the structure. 00:15:21
Is there, do we have an agreement in here Don for that? No, there's just really today was just to kind of give you an update of 00:15:25
where we are and they'll they'll be items being circulated around or agreement for the reimbursement piece for both the 00:15:30
reimbursement piece and the guaranteed maximum price. I would suggest there's probably going to be a need at some point in time 00:15:36
for a special meeting, just maintain the calendar. 00:15:42
Just also just for your all's information, I do know that Red Wire and their chief scientists had a meeting with IUS and the 00:15:49
Chancellor. 00:15:53
Regarding the labs and how they could work. 00:15:57
Put together and some type of. 00:16:00
Program. 00:16:03
Utilize the labs that the county is going to be constructing with a. 00:16:05
They have a similar project I believe. 00:16:12
Out of Butler, that they do. 00:16:15
So, and their chief scientist is, is connected with, I think he may work or did work with Eli Lilly so that they were supposed to 00:16:18
have that meeting last week according to Rich. So I think there's some opportunity there in terms of that space that we'll be 00:16:24
using. 00:16:30
Be able to utilize that for. 00:16:36
For, for IUS, for Ius in terms of students and for what we're trying to accomplish out there. 00:16:40
Building the talent base. 00:16:46
OK. So nothing for us to act on at this point? No, not at this time we've got. 00:16:51
Also have Tim, Tim Berry and Rachel Baker are here from Crow. 00:16:58
I'll talk about a little bit about three or four, building 3 and four. Those are the two barns. We did get some initial cost back 00:17:06
from Michelle Allen Ritz for renovating both of those facilities. Those came in a total approximately a little over $3,000,000, 00:17:14
which is over budget. So I've asked those, I've asked Troy, Michelle to revise those numbers and see how we can. 00:17:23
Bring those numbers significantly down. So I would, I would imagine that there's going to be probably some changes in use in terms 00:17:31
of those structures and also maybe some in terms of scheduling and and lengthening of time of those reservations. But I have asked 00:17:40
him having a firmer number for you all on the on the those requests by. 00:17:48
Buyer, your next meeting. 00:17:59
And then building 5 as a BLT build operate transfer agreement that we will be working with. 00:18:01
The. 00:18:10
Total amount of the project right now stands at 9.8 or 9 point right at 9.8 million. Four point 2 million of that is ready bond is 00:18:13
ready grant. So I'm not bond ready grant that will go towards that goes for that construction and then the the remaining being a 00:18:19
a. 00:18:25
That's going to have the payment sources be the lease payments of red wire back to plus the tip revenue, so. 00:18:34
Tim and Rachel are here if you have any specific questions about that. 00:18:44
No, I do not. Sorry. We're signing some papers up here. 00:18:55
And then the final thing I have on Nova Park, just to give you a real quick update, had a meeting with John Myers with this 00:18:59
Indiana Small Business Development Corporation. Their lease in New Albany ends at the end of this year, they've asked. 00:19:07
Have approached us about leasing space at Nova Park Small Business Development Corporation and two offices in building 1. So I 00:19:16
think that's I think that's an All in all being being the hub for the Small Business Development Corporation. 00:19:25
And be in their office space at the park is going to be a great positive and we just need direction from you all on moving forward 00:19:36
with. 00:19:41
Talking to them about lease, about lease, they would be in the house, yes, OK. 00:19:48
I think that's a great idea. Who for fresh from my memory someone was looking at half of the whistle stop complex, right. We 00:19:54
talked about leasing at short term to someone, right Or is that for voting or that was voting that was voting that that was 00:20:02
voting. We have, we do have we have had two individuals come out and look at the property ones. 00:20:10
Buffer Louisville based one is a software app right now in the building you have IU SE as an office. We have two offices for our 00:20:20
accelerator ones is the is the vet Nexus company, the others craft tech and so we have 3 three other offices available so. 00:20:30
That their lease ends in December of this year. So I think December of this they are really looking at the possibility of maybe 00:21:20
getting out there sooner. So I guess the action item I was looking for, for the board was to continue pulling together. 00:21:29
Some type of draft agreement with them. Yeah, you get our support to do that. Just pull that together and bring it back to us. I 00:21:39
don't know that we need an action. I mean, there's no nothing to vote on. 00:21:45
But if you could. 00:21:50
Do you want them for direction? Do you want a formal motion for direction? We can get, I can get you one. 00:21:53
I can get you a motion. I don't know if I can get you a second. 00:22:01
Meeting with the ISBC officials to bring back to us ISBDC officials. 00:22:06
A potential lease agreement. So moved. I'll see. I got you. There's 10 seconds. 00:22:16
I'm gonna give it to Jeff. He beat me in favor. Say aye, Aye, I will have one. I do have one question. The discussion went quick. 00:22:22
The you said. 00:22:34
Somebody staffed in the front lobby of that building. 00:22:36
Is that what you said? Have a full time they would have a full time receptionist and they being and they would they would staff 00:22:40
and pay for that. OK, got it. Which is great because when you walk in now it's just. 00:22:46
Open room. 00:22:53
OK, Don, Are they currently at the Purdue building? 00:22:56
They are at the old Tribune Building. 00:23:00
OK. 00:23:02
Was that Julie Isrig's former job? Former job. OK, It's John Myers and Mike Fulkerson. 00:23:04
Good. OK. 00:23:12
All right. 00:23:15
Next item on our agenda is the Broadband Tip update. 00:23:18
So, yeah, and Tim's here, but he's he's working with the auditor a little bit in. 00:23:24
Answered a few questions. 00:23:30
Hopefully the base will get adjusted correctly so that we can get some increment on that at some point. I don't know if you want 00:23:32
to give an update or not, Tim, but. 00:23:36
I think he's worked with the auditor a bit to try to get that corrected and updated. 00:23:42
I have been in contact with the auditor to make those corrections. 00:23:48
They sent us information last week for this year's property taxes. They're aware that they will also need to make a corrective 00:23:53
entry at spring settlement of this year to account for what they did not distribute last December. 00:24:00
And in fact, we're going to go over there after this meeting today and work through that process to make sure that they get that 00:24:10
properly accounted for coming forward. 00:24:14
Is there any? 00:24:19
Deadline that were close to not meeting in order to be able to capture this or you've done everything as a Commission that you 00:24:21
needed to do and. 00:24:26
Filed everything. 00:24:33
And she is in the process of preparing her property tax abstract. 00:24:36
And that would be a part of that property tax abstract. So we will make sure that those numbers are correct before that is 00:24:41
processed. OK, just want to make sure, OK, that that there's no even though we missed the deadline. 00:24:47
OK. Just want to make sure the property tax abstract deadline is not until March 15th? 00:24:54
OK. 00:25:02
And you know, part of the challenge that the auditor's office is working through, as you're well aware, John, they have 00:25:04
transitioned tax software to allow. 00:25:09
A system that I believe will be much more responsive to their needs and will be much easier for them to utilize moving forward as 00:25:17
well. So thanks for the update. 00:25:23
Thank you for your help, Tim. I got a couple questions the so they. 00:25:29
Just to come. 00:25:34
So the property tax recalculation, however you describe that the is that is that an is there an impact to that at all like seems 00:25:37
seems like something was miscalculated needs to be recalculated. Is there some sort of impact or we still within the deadline of 00:25:43
getting that without some sort of negative impact? So we're still there and are, are they being the author's office being 00:25:49
responsive, you get it somewhere with them on this. 00:25:55
We had reached out to the auditor's office. They reached out with some data last week on their initial conversion. They're in that 00:26:02
process of trying to balance from the old system to the new system, and they reached out with all of that information. 00:26:10
We had some questions and based upon what they sent to us and we thought it was easier to just do it and solve both of those 00:26:20
issues here in this one visit today. OK, thank you. 00:26:26
Pretty sure all your work, yeah. 00:26:33
Eversville school don't you're back up development agreement bot. We kind of covered that didn't we? Yeah well this is just an 00:26:38
update on that I. 00:26:41
There's a meeting for Friday. 00:26:47
Just there's some. 00:26:51
To update and there be an amendment to that plan or that agreement regarding timing, I think there's some, there was some. 00:26:52
There's an initial schedule. It got got there was some. 00:27:00
Quest There were some questions regarding soil. 00:27:05
Yeah, there's gonna be some schedule delayed the schedule. So the schedule needs to be revised are being requested to be revised. 00:27:09
So there's a meeting Friday with the Developer Council to to look at that item and then yeah, we'll come back with that if there's 00:27:17
a need for an an amendment and what that is I, I do also have give this to you at the end of the meeting is Mr. Sharman did bring 00:27:25
some draft agreements for you which we don't have for the. 00:27:32
Bought right just no I got anything back on the draft on the draft amendment for the bond these are from from Jeff yeah that's 00:27:40
different since we're just talking I want to make sure maybe I can do this after the meeting too but the. 00:27:48
We have a development agreement with the developer for the improvements on the Edwardsville project piece. We've approved 00:27:57
negotiations of a bond agreement and a bot with Mac. If that's is that right And we have a what I'll call a temporary funding 00:28:05
agreement till we have figured out funding. But we do need the actual bond agreement with Mac still and that and. 00:28:13
Switch gears, that's the draft of that bot agreement we just received, which from Shireman because that was something someone that 00:28:22
we had approved before. So both of them are in kind of a similar spot. We just don't have a draft of the Mack bot agreement. 00:28:29
We do have as of just real recently, yesterday maybe afternoon, the draft of the bot agreement for Shireman, is that right? And 00:28:37
both are going to be funded in the same funding source, if you will, same way. 00:28:43
I just want to make sure I was. No, you're, you're right. And at some point once the property is transferred, you know, that's not 00:28:52
on our agenda, but it's part of this discussion. There are sewer fees due to the town of Georgetown. 00:28:59
For the development overall, so the apartments and the school, the reason I bring that up is the town is opening bids tonight. 00:29:08
On the list station. 00:29:17
What's funding that lift station? Are these fees? 00:29:19
So it's a chicken and the egg like. 00:29:24
They got to get a fee payment commitment. 00:29:27
They may not. I can't speak for the Council, but. 00:29:30
I'm just bringing that up. 00:29:33
And I know we don't. 00:29:35
Own we the county? 00:29:37
We don't own that yet, right? No, we don't. So we wouldn't be responsible at this point. Somebody's got to whether that's in the 00:29:39
agreement. I'm just, I'm not trying to muddy the waters, but the prior development agreement, you mean with with Edwardsville, the 00:29:46
town, the town of Georgetown needs a commitment from somebody. 00:29:53
For them to give them some cover to move forward with these upfront expense, yeah, their bids would be good for 90 days. So 00:30:02
there's a window of time that it can be figured out. 00:30:06
Is it this board or is it the developer who needs to give that up? Sounds like something to talk about either before or during the 00:30:11
call. 00:30:15
I think it's something to talk about during the call. Yeah, somebody got to so the staff would look at it as it's a developer he 00:30:20
has, yeah. So we've. 00:30:24
They're aware of all those feats. 00:30:30
The developers because there was two parts. 00:30:31
Up to the development, there's the apartment piece and the school piece. 00:30:34
And the fees were split out for both, so he's aware of the overall number. 00:30:39
That makes sense. 00:30:45
And it's it's. 00:30:47
Not a small number. 00:30:48
Anyway. 00:30:52
I'm just bringing that up because we will need to discuss that with him. 00:30:55
And whenever we want to release, because I think we were going to put it on Mac to give us a draft bot agreement like Shireman 00:30:59
did. 00:31:03
Whenever we're ready to tell them to do that. 00:31:08
We probably need to get them to. I'll reach out to him today. Yeah, Yeah. Let me know what you want to do. I just. 00:31:10
That part I thought they had. Didn't they start one? 00:31:18
They they said they were going to start one. I don't think I ever got a draft. I haven't seen it. We had that temporary funding 00:31:22
agreement that this board approved, that approved for you to enter into negotiating, enter into a bot agreement and a temporary 00:31:28
funding. We did the temporary funding because we didn't have funds to enter into a. 00:31:33
The bot agreement yet, right? And we're still figuring that out, which is what we're doing. It is confusing because we have two 00:31:39
that are running not quite the same track and. 00:31:44
You know, we've they're in almost almost become entertained. They're overlapping to the extent of confusion. 00:31:50
You know, I mean, they're causing a little. So that's all. I just wanted to make clear what we're we're on the right same page 00:31:56
here. 00:31:59
I guess a little bit, maybe a little bit of direction for our meeting in terms of. 00:32:04
Worst position on the On the. 00:32:11
Capacity fees and if that's a, if that's just something you all want to entertain or if that's something that you feel like. 00:32:14
Would that help Justin? 00:32:23
No, I mean they are, but they are. Thoughts. 00:32:25
What are your thoughts on my question? 00:32:28
Staff is, I think that's a development fox. 00:32:31
I think all of it. 00:32:36
Sure, even even what's could you said there was two. Well, there's a component to the to the school, right. They're donating the 00:32:37
school and and how I would look at it as staff is that they're bringing it to the county something that's already set ready to be 00:32:44
occupied. And the reason the school has the reason the school has a capacity to do for sewer. It was never connected to sewer. 00:32:50
That old school was never never tied into the sewer system. 00:32:57
It has an on site. 00:33:05
Treatment system Septic. 00:33:07
Years ago. So it's never been tied in. That's why they have it. That's why there's a fee for that piece as well. 00:33:09
And we have a development agreement. So unless the development agreement says that we're responsible, I don't think it does. I 00:33:17
don't think it says we have. I'm just bringing up because there's got to be a, there's going to be a resolution of that issue. And 00:33:24
it does affect the project in terms of, of the, of the reason I say that is I know when they open bids tonight, I'm not going to 00:33:31
say what I think the number is here now because the bids aren't due till 6:30. 00:33:39
But these fees were were meant to pay. 00:33:46
Pay for that work. 00:33:49
You know, otherwise it sounds like I'm not gonna. Why would we do it? It's for this. 00:33:52
I would agree it has to be driven by the development in terms of the improvements to the sewer. OK, a point that you probably 00:33:58
already know. I. 00:34:02
Being that it's not in the agreement which. 00:34:08
It sounds like it's not. It looks like it's not. 00:34:11
Indicate if to me it indicates that it would be a developer issue and not a. Well, we'll bring it up for that. 00:34:14
That, that that's the point that I would make if I'm in your shoes. I just, I just wanna, I just wanna, I guess before I, I make a 00:34:20
statement, typically I wanna make sure I'm making a mistake if I'm the representative, right, Right. 00:34:27
It's not addressed in the agreement. So I think that's where we stand because it's the responsibility of the developer, OK. 00:34:38
And Bob, I think you got the last night I do so Facade Grant I was at. 00:34:46
Oh, what was that called? Billy, you're here. 5 star Galaxy, five stars. That what it was called. 00:34:53
Yeah. 00:35:01
They had a economic development. 00:35:02
Luncheon in Georgetown and the destination Georgetown. 00:35:06
Sponsored it. 00:35:10
Pretty well attended, but anyway, Curled oil with Polyfreeze came up to me, she says there's redevelopment. 00:35:11
Floyd County redevelopment? Do you have facade grants? 00:35:17
I said I think maybe we used to, but I don't know if we do. 00:35:20
So I want to bring that up because. 00:35:25
She would like to apply for a facade grant and I think if we don't have that program, maybe we ought to consider it. Thank you. 00:35:27
For existing businesses it's. 00:35:30
It'd be a good program. 00:35:35
And my thoughts were we have a revolving loan fund with a substantial dollar amount in it. 00:35:37
I don't see why we couldn't earmark. Part of that is a. 00:35:44
Facade Grant program and I don't know Don did we used to have one. 00:35:48
How we talked about it, OK. We never, we never, OK. 00:35:53
So. 00:35:58
I mean, I'm thinking we could just earmark some of that. 00:36:01
She she didn't even, she didn't even mention like. 00:36:05
We're looking to do acknowledges of improvement. She just said that we need to do some facade improvements and it would be helpful 00:36:08
if there was a program out there that could help me with that so. 00:36:13
I think, Don, maybe we could draft something to come back to this board with some thoughts or ideas on it. 00:36:20
Pros and cons to to it. 00:36:27
I mean if if it's. 00:36:29
I had to. I can't remember. 00:36:34
So most so most of them are not paying for all of it. No, it's only it's a small. 00:36:36
And then they get approved for some amount of funding with their estimates and then afterwards get reimbursed based on. 00:37:19
Trying to help be business friendly in the county. Yeah, no, I'm not. I'm just so I mean, I'm all for it because I mean, I know 00:37:27
what small businesses go through. Yeah, I wasn't I wasn't speaking negatively. I just was stopping at my lawyer role of here's the 00:37:34
the nuts and bolts of what happens normally done in some other place. 00:37:42
And now I think we have a grant program and, and I'm speaking Georgetown has one and, and it's exactly what Justin described. 00:37:50
Yeah, it's up to a dollar amount. They they have to show how they're going to use it. They have to show receipts. And it's yeah, 00:37:56
like the new. 00:38:02
And you think they may have a new little brewery coming in 30 facade Grant So is polyphrase asking or just the person that owns 00:38:10
Polyp is going she would like to ask for she don't follow. She wants to come in the hassle pilot freeze. 00:38:17
In the TIF district, and in fact, that's what I was saying. 00:38:26
You're spending on TIF money. This is revolving loans. You'd be administering it for the county commissioners because it's 00:38:32
ancillary to, it's not, it's not specific to it. It's it's kind of ancillary to what you guys do. So you're administrating it. 00:38:37
It's not actually a redevelopment tiff. 00:38:42
Just thought about and they're usually a cabinet. 00:38:51
Usually the cap is fairly modest. 00:38:54
You could, I mean, you could say I'm looking to add a couple of employees, but my resources are stretched so thin. I can't even I 00:38:57
can't do both. I mean, I'm not saying that's you have to have that. You may just want to circulate the what other. 00:39:04
Yeah. And if you have examples you could share with us that would just so people could ask questions and see. But I I'd like to 00:39:12
report back to Carol that, hey, we are looking at it. We'll bring it up at our next meeting with some drafts. 00:39:18
Further discuss. 00:39:24
Because we do, we do have the, we do have funds that I feel like we could earmark some of those monies. 00:39:26
You know, maybe just. 00:39:33
Have a small budget each year. 00:39:35
People can tap into. I think it's I think it's a good idea. I'd like yeah, I like this details of how others do it, get a little 00:39:37
bit more familiar with it. That's all I had on that. I just, you know, I just want it. I think it's it's good. We help promote 00:39:43
existing businesses. We're trying to help them and be. 00:39:49
As friendly as we can, you know. 00:39:55
So no. 00:39:58
There was one item. There's some engagement letters for finalizing the buy. 00:40:00
Do we have the romp crow? I believe that. 00:40:07
That you should. 00:40:10
And if. 00:40:14
Probably. 00:40:20
Well, I don't think I've seen them either. OK, so you want to just can we entertain a motion to for you to review, approve the 00:40:22
engagement letters with engagement letter or letters, letters with Crow contingent upon legal and legal review? 00:40:32
Allow me to sign it outside of the meeting. Do you want any details of what it is? Is it a flat fee? Is it a, is it hourly? If you 00:40:43
want to give details, I would love to know some details because I don't, I don't know. I don't know what I'm voting for and when 00:40:50
it comes to attorneys or engagement letters, I need to know. 00:40:57
They are for the issuance of bonds on the Edwardsville project and the. 00:41:05
Red wire, red wire. Thank you. I couldn't think of red wire red wire project only because we had code names. Are they flat fees? 00:41:16
Are they variable? They have they're hourly with a not to exceed. 00:41:23
And they are all payable from bond proceeds at the time of closing. 00:41:31
Are the three votes needed on this one? 00:41:36
For engagement letter No. 00:41:39
No. How many votes are needed for this? 00:41:41
To approve engagement letter just just to simple majority. Yeah. What I'm saying. Oh, you lost 10. He's making it. Yeah, I see. Is 00:41:43
that a motion to thank you? Sorry. So if I hold out, it's that emotion to approve. I'm a little slow with your humor this morning. 00:41:49
Either that or it's not good humor. I don't know. That's that's subjective. I mean, I'm not making it a legal opinion on that, but 00:41:55
that is totally subjective. Yeah. 00:42:01
Do I have a motion to approve? 00:42:11
Someone. Anyone. 00:42:13
This needs to be done. 00:42:19
Yes, because we have to proceed, we have to get the bombs moving on that and that's part of the schedule. If you looked at our. 00:42:20
Put it away as the overall schedule that you see. 00:42:28
Has anybody seen them with butters? Apparently they're in my e-mail and so. 00:42:32
But I'm going to forward them around there once so. 00:42:38
Yeah, well. 00:42:41
So I understand, I respect the process of of you, Bill Bob. 00:42:44
And and Justin to look it over before it goes forward. So I'll make a motion to approve the engagement letters plural and sign 00:42:49
outside and allow Bob to sign outside the meeting with the contingency of of the review of those by Bob and Justin. 00:42:58
A second motion made second any further discussion. 00:43:08
All those in favor say aye aye and I'll get those out right away. 00:43:13
Sorry about that. Oh, I'm sure. 00:43:18
I'm sure I have it. 00:43:22
Yeah, I'm sure I do. 00:43:25
OK. Anything else done for the good of the order? 00:43:28
No, nothing else. We'll entertain a motion to adjourn. 00:43:33
I just want to know if my humor is. 00:43:36
Fantastic. Good or not good? 00:43:39
Squeeze a jello. 00:43:46
I'll make a motion to adjourn. 00:43:49
Second, all in favor say aye. We're adjourned. Thank you. 00:43:51
Uh, right, I had Bill White on them. At least I didn't use the Mike Tyson punch him in the face, did we? We had that one before I 00:43:55
forgot to use that one. 00:44:00
Mike Tyson, everybody has a plan. 00:44:06
We were. 00:44:19
You missed the zinger. 00:44:24
We almost had to pick him up off the floor. 00:44:47
I've outlawed it. 00:44:51
I wish that is. 00:44:53
Sorry. 00:44:56
I was trying to stay ahead of it for you. 00:44:58
It's there's so much going on. 00:45:00
Thank you. 00:45:03
So. 00:45:13
Let me look at these, I need to sign them. 00:45:15
Gotcha. 00:45:28
But they own it as a separate corporation. As a non union separate entity they get first right refusal basically. 00:45:41
Gotcha. 00:45:50
Chill. 00:45:51
These are some because for years they wanted to go this, they wanted to take the story, but there's nothing. 00:45:54
Which honestly? 00:46:09
This would work much better for their traffic. 00:46:12
It's not the easiest thing. 00:46:18
Well, this I'm trying to get some perspective here. So this, this the front, the front, there's the goodwill. 00:46:23
Yeah, OK, so top company and all that stuff. So we just you come off 150, what I was looking for come off 150 when you turn here, 00:46:28
that is a death trap. Yeah, yeah, yeah, yeah, right. It's a it's a funky little. So going to get. So that's going to be gone. 00:46:33
We're going to move the whole thing. How big is this? 00:46:39
Let's see, they're saying that's 100. 00:46:45
Wow more than double it's more than it's like 50 ish and. 00:46:49
This is just one of those old style stores, which is fine. 00:46:56
It's just not big enough. 00:47:00
Build the needs of the community, you know, it's like you know, we run the JC to get quickly things. I'm not a Kroger for our 00:47:02
makers. 00:47:05
They they don't have to wear out so that the State Street Kroger, that's not too close to build a big sign. 00:47:11
They said it's. 00:47:20
Well. 00:47:23
It's getting harder and harder. 00:47:26
That's another thing too they're trying to make. 00:47:30
That shopping experience better from people that are wanting to go there, right? 00:47:32
Because it it, that place gets crazy. It does, it does. And then the traffic sucks traffic. Oh, sure, all this stuff. 00:47:37
Is that what this is he just gave me? Oh, yeah, yeah. 00:47:46
I got your e-mail on our. 00:47:54
Oh yeah, I think. 00:47:56
To me, you've seen it, you not even thought about. 00:47:59
I I was gonna pull up Google Earth and they drive those. I'm just gonna pull it up Street View. I mean, you can bring some if you 00:48:05
want. I was thinking about two couple shots and e-mail them to you. You can pull up what it actually means. Yeah, because I was 00:48:12
gonna do the same thing. But we're just Google Earth. So to do something like that sounds good to me. Obviously, we've had that 00:48:18
for 25 years. 00:48:25
Within the next year or two, we will apply we. 00:48:32
We got delayed on our current funding because we got a grant right now through the state. The CMG is community crossings matching 00:48:37
grant C. 00:48:41
Link
Start video at
Social
Embed
* you need to log in to manage your favorites
My Favorites List
You haven't added any favorites yet. Click the "Add Favorite" button on any media page, and they'll show up here.
Yeah. 00:00:01
I. 00:00:07
I want to stay up front. 00:00:14
We got a big house today. 00:00:27
These are these are on. You turned them on, dude. 00:00:29
OK. All right. We're going to call the Redevelopment Commission meeting to order roll call, please, Chris. 00:00:34
Here. 00:00:43
Here. 00:00:46
Here. 00:00:48
Here. 00:00:49
Here all right, Rich is out of town today so he's not going to be able to join us but we do have a quorum so. 00:00:51
OK. Your first order of business is the approval of our minutes from January 16th. Is there a motion to approve? 00:00:59
Motion to approve. Motion by John. Is there a second? Second. 00:01:09
Second by Brad, is there any discussion? 00:01:15
All in favor say aye aye. Motion carries and looks like we have one claim for approval with young Lynn Anderson craft in the 00:01:17
amount of 637 motion to approve. 00:01:23
Any further discussion? No. All right. All the speakers say hi. Motion carries. 00:01:35
Theresa, I'll put that up here. 00:01:42
OK, Don, I think you're up because we have some reports. 00:01:49
Yes, just for your information, are the reports of the different funding sources, There's nothing really to report there. One of 00:01:54
the items that was in your packet I'll go to is the very last one, which is to Make My Move program, just to give you an update on 00:02:00
that. 00:02:06
We've got three moved, ten that have accepted, two that were offered as of the time that was done. There's actually the third one 00:02:14
that was. 00:02:19
An interim and so that just kind of shows you where we are in terms of. 00:02:24
Moved, accepted. We're up to about 15 so far. I know that there was a question from the subcommittee on the candidate. I've 00:02:31
reached out this morning to Catherine to ask for that clarification that you're looking for on eligibility. I haven't checked my 00:02:39
e-mail to see if she's responded yet. Yeah, that was the first one that was like you and I both caught that. 00:02:46
So yeah, no, I've reached out to to her. 00:02:55
She should give give a response on that is just. 00:02:59
Primarily where we stand with our with with the different funds and make my move. Do you have any questions I'd be happy to 00:03:03
answer. 00:03:07
Is what have we reached out? I don't know. I think we talked about this last time, the three that have moved just to be able to 00:03:12
maybe meet him, talk to him, make a testimonial, anything like that. 00:03:17
I mean, staff has talked with him and I can reach out to him. They they're. 00:03:24
Being open to kind of, I'll ask them to. 00:03:32
To kind of give you an update of their experience so far, maybe kind of just some feedback. They don't have to come and they're 00:03:36
willingness. Yeah, no, be more happy to do that. They they all seem, you know, as far as far as my interaction with them, they've 00:03:40
all seem to be very happy with. 00:03:45
Be any residents before county. Good deal. 00:03:50
And next on our agenda is public comment of I guess of any time. So if anybody has any comments. 00:03:54
Board bonds under old business, I think we have to sign our. 00:04:04
Yeah, I understand. We haven't received those yet. Still haven't received them. OK. Still waiting on those. Are we still covered? 00:04:08
OK. 00:04:11
We haven't received them. 00:04:15
Assuming we are but. 00:04:17
Last I've heard we can we can come by and sign those individually as we normally. 00:04:19
Right, yes. Do we need a? No, you can come by and sign them individually. You just need to do them and we just that's part of the 00:04:25
statutory piece of the. 00:04:29
OK. 00:04:36
OK. So next item is we have our public hearing for the Edwardsville School project and that's for the Don. You may have to jump in 00:04:37
here on this. That's for the. 00:04:43
Declaratory resolution part of that or not, that's where they. 00:04:50
Thinking of the other piece on the red water piece, this is for this is. 00:04:55
Give me just a second here. 00:05:00
This public hearing is for the conformatory resolution for the Evansville School Project, and the school project is for. 00:05:04
Improvements. 00:05:16
That are being made to the well, the creation of the of the Gateway Economic Area, which is the five parcels around the Gateway 00:05:18
Village allocation area. 00:05:24
It has went through Planning Commission for approval and it has went through the county commissioners for approval. So this public 00:05:31
hearing which was notified. 00:05:34
Is set. 00:05:39
For the. 00:05:41
For both the. 00:05:44
OK. For after this public chairman public comment about the project, so the project. 00:05:50
Just to give everyone understand the project, this is an Edwardsville build operate transfer project for the Edwardsville School. 00:05:57
As part of the agreement with the developer, the county is going is making public improvements including a regional storm water 00:06:04
basin, sanitary sewer extension all the way to Carroll Ave. Improvements to Carroll Ave. 00:06:12
And through a build operate transfer which at the end of the day there's a maximum amount of term sheet of. I think 1.5 is the 00:06:21
maximum the the. 00:06:26
Guaranteed price came in at 1.197. 00:06:31
For the improvements. 00:06:38
To that project in exchange for that the developer is going to be donating after he weather tights and improvements in the 00:06:41
process. And part of that agreement was to clean weather weatherproof touch point and replace the roof on the Edwardsville school 00:06:49
project on the Edgewood school building which that an acre plus of land would be donated for future community. 00:06:57
Center for for the county, so the developers making those improvements, we're making the the public improvements to that. So this 00:07:05
is just a resolution that will take. 00:07:11
The 120 unit apartment making its own TIF district. 00:07:18
And on allocation area and then the improvements that I've described in terms of the bond that the funds that are being raised, 00:07:24
the funds that are the tip that's being raised will pay the. 00:07:30
The bond. The bond payment. 00:07:38
For those improvements, right. So this is a public hearing on the changing of the development area and that the amended plan for 00:07:40
that. So they're adding several parcels, removing several parcels and that's the public hearing on the meeting plan which we 00:07:47
approved an initial resolution in October, I think Planning Commission and it's been since been approved by the other body. So now 00:07:53
we're confirmatory resolution stage. 00:08:00
I think we're saying the same, yes, you said it a little bit quicker than that. All right. 00:08:07
So is anyone in the public want to speak? 00:08:14
Regarding this. 00:08:18
Project. 00:08:19
I make a motion to reapprove first. I'll just know there's no public to speak. close the public hearing. That's where I was going 00:08:24
to go next. So we will close the public hearing portion and move into the new business. 00:08:30
So the first time we do have is the confirmatory resolution for the Edwardsville School project. Is there a motion to approve that 00:08:38
confirmatory resolution? 00:08:42
Do we have a resolution number? 00:08:47
Should point of order. 00:08:51
I'm going to go ahead and make a motion to close it. I think you want a motion to do a closer just so it's reflected on the 00:08:54
meeting. 00:08:58
Always. Previously, aye. 00:09:03
So now we're in the confirmatory resolution and it would be resolution one. 00:09:06
OK. 00:09:13
Is there a motion to approve? 00:09:16
Confirmatory resolution #2024-01. 00:09:19
Motion to approve. 00:09:25
Second, second, second by bread. Any discussion further on that? 00:09:27
Yeah, this does allow us to have the money to move forward. That's good to get the bonding in place. 00:09:33
All those in favor say aye aye. 00:09:38
Motion carries. Next up is the Mitch lease. Tracy, are you going to have an original for us to sign on that? 00:09:41
OK. 00:09:50
Before John gets out, you make sure you have a hard shot. 00:09:51
The Mitch lease Don's got it in front of him but and he can explain it, but that's the the farmer that was using the the property. 00:09:56
Since it's still available, Don, go ahead. 00:10:04
Last year, when the county purchased the property from the from the historic landmarks, the Redevelopment Commission purchased 00:10:08
approximately 20 acres. 00:10:14
Approximately 20 acres to the West and over park for future development. 00:10:22
There's a two leases, ones with the Redevelopment Commission. 00:10:27
I've got the Board of Commissioners, Lisa, apologize. I've got one done. I've, I've got the one with the redevelopment list. So, 00:10:32
so basically they're asking to lease the property as they had, oh, here's the redevelopment, sorry, redevelopment lease. They have 00:10:38
13 tillable acres. 00:10:44
So there's some would be that they're looking for price. 00:10:52
There are 1950 dollars. 00:10:56
And they've got the payments in the spring and in the fall in terms of amounts. 00:11:00
And it's a year lease and it's a. 00:11:06
Yeah, that's really kind of the the since there's no activity on that property, right? 00:11:10
And. 00:11:17
Yeah. I mean, we've done this in the past. 00:11:19
And the properties being used, yeah, motion to approve the farm lease to. 00:11:23
McAfee Brothers Farms, LLC. 00:11:34
Is there a motion made by John? Is there a second? 00:11:37
2nd for discussion, second from Brad. Any discussion? 00:11:40
This is in effect till when the end of December this year terminates on December Item 4. 00:11:45
Affected on April 1st to the end of the year. Yeah, OK. 00:11:53
Got it. 00:11:57
Is that it? 00:11:59
That's any other discussion. 00:12:02
All those in favor say aye aye, motion carries and I'll, I'll sign this one. Theresa, just leave it over here. 00:12:04
Like that? 00:12:13
We're the only one that signs. 00:12:14
OK. 00:12:26
All right, Nova Park updates. 00:12:29
In front of you is resolution 2024, Dash 2. 00:12:32
It's declaratory resolution for the red wire tip. 00:12:36
This would put lots one and two of Noah Park into a. 00:12:41
Into a separate allocation area for the. 00:12:46
For the Red Wire project, so this is the first step, you're at the end of the Edwardsville Chef. This is the first step in the 00:12:52
process for this for the Red Wire BOT. So it would go, if approved here, it would go to the Planning Commission, county 00:13:01
commissioners, and then come back here for a public hearing and conformatory resolutions. So yeah, Brad gave us a a. 00:13:09
Fred being on with Barnes and Thurber, he gave us a really good schedule. I don't know if you all saw your e-mail. 00:13:18
If, if everything goes according to the schedule, we'd be looking at first week, which looks like May 9th of closing the fund, 00:13:24
closing on all the funds and having them in hand. So. 00:13:30
I think that's good. It helps, helps, gives us an idea. 00:13:37
This is the path we've always been on. But is there any, I mean, any issues, concerns, not that I'm aware of. I mean we, I think 00:13:41
we. 00:13:44
Crossed all the eyes and crossed all the T's. 00:13:48
We're ready to. So you're ready for a motion? We're ready for a motion. Motion to approve Resolution 2024, Dash 02/02. 00:13:51
Is that right? 00:13:58
Is there a second? 00:14:01
Second. Second by John. Any discussion of 02? 00:14:02
Yeah, OK. 00:14:09
All those favor say aye aye. 00:14:11
Motion carries. 00:14:13
Items two and three are more informational at this time. Mr. Sherman is here to answer any questions. We are. 00:14:16
In the process, I think some some documents are in the process of being circulated around. I think there's a draft lease with red 00:14:24
wire that's being circulated around. There's also. 00:14:28
The guaranteed maximum price contract for Building 5, the VOT agreement and it's going to be circulated around as well. And then 00:14:35
there was a request for a reimbursement agreement for some additional architectural and engineering cost. 00:14:43
Associated with the project and primarily those costs are associated with 5000 square feet that the county is going to be 00:14:52
occupying in the building. Yeah, we had to just to bring you guys up to speed, if you recall we added that. 00:14:58
The building was 30,000 square feet originally and we added a wing or a. 00:15:05
In addition to the building. 00:15:11
5000 square feet for our use, for the county's use. So their architects had to go back and tweak it, make some. 00:15:13
Modifications to the structure. 00:15:21
Is there, do we have an agreement in here Don for that? No, there's just really today was just to kind of give you an update of 00:15:25
where we are and they'll they'll be items being circulated around or agreement for the reimbursement piece for both the 00:15:30
reimbursement piece and the guaranteed maximum price. I would suggest there's probably going to be a need at some point in time 00:15:36
for a special meeting, just maintain the calendar. 00:15:42
Just also just for your all's information, I do know that Red Wire and their chief scientists had a meeting with IUS and the 00:15:49
Chancellor. 00:15:53
Regarding the labs and how they could work. 00:15:57
Put together and some type of. 00:16:00
Program. 00:16:03
Utilize the labs that the county is going to be constructing with a. 00:16:05
They have a similar project I believe. 00:16:12
Out of Butler, that they do. 00:16:15
So, and their chief scientist is, is connected with, I think he may work or did work with Eli Lilly so that they were supposed to 00:16:18
have that meeting last week according to Rich. So I think there's some opportunity there in terms of that space that we'll be 00:16:24
using. 00:16:30
Be able to utilize that for. 00:16:36
For, for IUS, for Ius in terms of students and for what we're trying to accomplish out there. 00:16:40
Building the talent base. 00:16:46
OK. So nothing for us to act on at this point? No, not at this time we've got. 00:16:51
Also have Tim, Tim Berry and Rachel Baker are here from Crow. 00:16:58
I'll talk about a little bit about three or four, building 3 and four. Those are the two barns. We did get some initial cost back 00:17:06
from Michelle Allen Ritz for renovating both of those facilities. Those came in a total approximately a little over $3,000,000, 00:17:14
which is over budget. So I've asked those, I've asked Troy, Michelle to revise those numbers and see how we can. 00:17:23
Bring those numbers significantly down. So I would, I would imagine that there's going to be probably some changes in use in terms 00:17:31
of those structures and also maybe some in terms of scheduling and and lengthening of time of those reservations. But I have asked 00:17:40
him having a firmer number for you all on the on the those requests by. 00:17:48
Buyer, your next meeting. 00:17:59
And then building 5 as a BLT build operate transfer agreement that we will be working with. 00:18:01
The. 00:18:10
Total amount of the project right now stands at 9.8 or 9 point right at 9.8 million. Four point 2 million of that is ready bond is 00:18:13
ready grant. So I'm not bond ready grant that will go towards that goes for that construction and then the the remaining being a 00:18:19
a. 00:18:25
That's going to have the payment sources be the lease payments of red wire back to plus the tip revenue, so. 00:18:34
Tim and Rachel are here if you have any specific questions about that. 00:18:44
No, I do not. Sorry. We're signing some papers up here. 00:18:55
And then the final thing I have on Nova Park, just to give you a real quick update, had a meeting with John Myers with this 00:18:59
Indiana Small Business Development Corporation. Their lease in New Albany ends at the end of this year, they've asked. 00:19:07
Have approached us about leasing space at Nova Park Small Business Development Corporation and two offices in building 1. So I 00:19:16
think that's I think that's an All in all being being the hub for the Small Business Development Corporation. 00:19:25
And be in their office space at the park is going to be a great positive and we just need direction from you all on moving forward 00:19:36
with. 00:19:41
Talking to them about lease, about lease, they would be in the house, yes, OK. 00:19:48
I think that's a great idea. Who for fresh from my memory someone was looking at half of the whistle stop complex, right. We 00:19:54
talked about leasing at short term to someone, right Or is that for voting or that was voting that was voting that that was 00:20:02
voting. We have, we do have we have had two individuals come out and look at the property ones. 00:20:10
Buffer Louisville based one is a software app right now in the building you have IU SE as an office. We have two offices for our 00:20:20
accelerator ones is the is the vet Nexus company, the others craft tech and so we have 3 three other offices available so. 00:20:30
That their lease ends in December of this year. So I think December of this they are really looking at the possibility of maybe 00:21:20
getting out there sooner. So I guess the action item I was looking for, for the board was to continue pulling together. 00:21:29
Some type of draft agreement with them. Yeah, you get our support to do that. Just pull that together and bring it back to us. I 00:21:39
don't know that we need an action. I mean, there's no nothing to vote on. 00:21:45
But if you could. 00:21:50
Do you want them for direction? Do you want a formal motion for direction? We can get, I can get you one. 00:21:53
I can get you a motion. I don't know if I can get you a second. 00:22:01
Meeting with the ISBC officials to bring back to us ISBDC officials. 00:22:06
A potential lease agreement. So moved. I'll see. I got you. There's 10 seconds. 00:22:16
I'm gonna give it to Jeff. He beat me in favor. Say aye, Aye, I will have one. I do have one question. The discussion went quick. 00:22:22
The you said. 00:22:34
Somebody staffed in the front lobby of that building. 00:22:36
Is that what you said? Have a full time they would have a full time receptionist and they being and they would they would staff 00:22:40
and pay for that. OK, got it. Which is great because when you walk in now it's just. 00:22:46
Open room. 00:22:53
OK, Don, Are they currently at the Purdue building? 00:22:56
They are at the old Tribune Building. 00:23:00
OK. 00:23:02
Was that Julie Isrig's former job? Former job. OK, It's John Myers and Mike Fulkerson. 00:23:04
Good. OK. 00:23:12
All right. 00:23:15
Next item on our agenda is the Broadband Tip update. 00:23:18
So, yeah, and Tim's here, but he's he's working with the auditor a little bit in. 00:23:24
Answered a few questions. 00:23:30
Hopefully the base will get adjusted correctly so that we can get some increment on that at some point. I don't know if you want 00:23:32
to give an update or not, Tim, but. 00:23:36
I think he's worked with the auditor a bit to try to get that corrected and updated. 00:23:42
I have been in contact with the auditor to make those corrections. 00:23:48
They sent us information last week for this year's property taxes. They're aware that they will also need to make a corrective 00:23:53
entry at spring settlement of this year to account for what they did not distribute last December. 00:24:00
And in fact, we're going to go over there after this meeting today and work through that process to make sure that they get that 00:24:10
properly accounted for coming forward. 00:24:14
Is there any? 00:24:19
Deadline that were close to not meeting in order to be able to capture this or you've done everything as a Commission that you 00:24:21
needed to do and. 00:24:26
Filed everything. 00:24:33
And she is in the process of preparing her property tax abstract. 00:24:36
And that would be a part of that property tax abstract. So we will make sure that those numbers are correct before that is 00:24:41
processed. OK, just want to make sure, OK, that that there's no even though we missed the deadline. 00:24:47
OK. Just want to make sure the property tax abstract deadline is not until March 15th? 00:24:54
OK. 00:25:02
And you know, part of the challenge that the auditor's office is working through, as you're well aware, John, they have 00:25:04
transitioned tax software to allow. 00:25:09
A system that I believe will be much more responsive to their needs and will be much easier for them to utilize moving forward as 00:25:17
well. So thanks for the update. 00:25:23
Thank you for your help, Tim. I got a couple questions the so they. 00:25:29
Just to come. 00:25:34
So the property tax recalculation, however you describe that the is that is that an is there an impact to that at all like seems 00:25:37
seems like something was miscalculated needs to be recalculated. Is there some sort of impact or we still within the deadline of 00:25:43
getting that without some sort of negative impact? So we're still there and are, are they being the author's office being 00:25:49
responsive, you get it somewhere with them on this. 00:25:55
We had reached out to the auditor's office. They reached out with some data last week on their initial conversion. They're in that 00:26:02
process of trying to balance from the old system to the new system, and they reached out with all of that information. 00:26:10
We had some questions and based upon what they sent to us and we thought it was easier to just do it and solve both of those 00:26:20
issues here in this one visit today. OK, thank you. 00:26:26
Pretty sure all your work, yeah. 00:26:33
Eversville school don't you're back up development agreement bot. We kind of covered that didn't we? Yeah well this is just an 00:26:38
update on that I. 00:26:41
There's a meeting for Friday. 00:26:47
Just there's some. 00:26:51
To update and there be an amendment to that plan or that agreement regarding timing, I think there's some, there was some. 00:26:52
There's an initial schedule. It got got there was some. 00:27:00
Quest There were some questions regarding soil. 00:27:05
Yeah, there's gonna be some schedule delayed the schedule. So the schedule needs to be revised are being requested to be revised. 00:27:09
So there's a meeting Friday with the Developer Council to to look at that item and then yeah, we'll come back with that if there's 00:27:17
a need for an an amendment and what that is I, I do also have give this to you at the end of the meeting is Mr. Sharman did bring 00:27:25
some draft agreements for you which we don't have for the. 00:27:32
Bought right just no I got anything back on the draft on the draft amendment for the bond these are from from Jeff yeah that's 00:27:40
different since we're just talking I want to make sure maybe I can do this after the meeting too but the. 00:27:48
We have a development agreement with the developer for the improvements on the Edwardsville project piece. We've approved 00:27:57
negotiations of a bond agreement and a bot with Mac. If that's is that right And we have a what I'll call a temporary funding 00:28:05
agreement till we have figured out funding. But we do need the actual bond agreement with Mac still and that and. 00:28:13
Switch gears, that's the draft of that bot agreement we just received, which from Shireman because that was something someone that 00:28:22
we had approved before. So both of them are in kind of a similar spot. We just don't have a draft of the Mack bot agreement. 00:28:29
We do have as of just real recently, yesterday maybe afternoon, the draft of the bot agreement for Shireman, is that right? And 00:28:37
both are going to be funded in the same funding source, if you will, same way. 00:28:43
I just want to make sure I was. No, you're, you're right. And at some point once the property is transferred, you know, that's not 00:28:52
on our agenda, but it's part of this discussion. There are sewer fees due to the town of Georgetown. 00:28:59
For the development overall, so the apartments and the school, the reason I bring that up is the town is opening bids tonight. 00:29:08
On the list station. 00:29:17
What's funding that lift station? Are these fees? 00:29:19
So it's a chicken and the egg like. 00:29:24
They got to get a fee payment commitment. 00:29:27
They may not. I can't speak for the Council, but. 00:29:30
I'm just bringing that up. 00:29:33
And I know we don't. 00:29:35
Own we the county? 00:29:37
We don't own that yet, right? No, we don't. So we wouldn't be responsible at this point. Somebody's got to whether that's in the 00:29:39
agreement. I'm just, I'm not trying to muddy the waters, but the prior development agreement, you mean with with Edwardsville, the 00:29:46
town, the town of Georgetown needs a commitment from somebody. 00:29:53
For them to give them some cover to move forward with these upfront expense, yeah, their bids would be good for 90 days. So 00:30:02
there's a window of time that it can be figured out. 00:30:06
Is it this board or is it the developer who needs to give that up? Sounds like something to talk about either before or during the 00:30:11
call. 00:30:15
I think it's something to talk about during the call. Yeah, somebody got to so the staff would look at it as it's a developer he 00:30:20
has, yeah. So we've. 00:30:24
They're aware of all those feats. 00:30:30
The developers because there was two parts. 00:30:31
Up to the development, there's the apartment piece and the school piece. 00:30:34
And the fees were split out for both, so he's aware of the overall number. 00:30:39
That makes sense. 00:30:45
And it's it's. 00:30:47
Not a small number. 00:30:48
Anyway. 00:30:52
I'm just bringing that up because we will need to discuss that with him. 00:30:55
And whenever we want to release, because I think we were going to put it on Mac to give us a draft bot agreement like Shireman 00:30:59
did. 00:31:03
Whenever we're ready to tell them to do that. 00:31:08
We probably need to get them to. I'll reach out to him today. Yeah, Yeah. Let me know what you want to do. I just. 00:31:10
That part I thought they had. Didn't they start one? 00:31:18
They they said they were going to start one. I don't think I ever got a draft. I haven't seen it. We had that temporary funding 00:31:22
agreement that this board approved, that approved for you to enter into negotiating, enter into a bot agreement and a temporary 00:31:28
funding. We did the temporary funding because we didn't have funds to enter into a. 00:31:33
The bot agreement yet, right? And we're still figuring that out, which is what we're doing. It is confusing because we have two 00:31:39
that are running not quite the same track and. 00:31:44
You know, we've they're in almost almost become entertained. They're overlapping to the extent of confusion. 00:31:50
You know, I mean, they're causing a little. So that's all. I just wanted to make clear what we're we're on the right same page 00:31:56
here. 00:31:59
I guess a little bit, maybe a little bit of direction for our meeting in terms of. 00:32:04
Worst position on the On the. 00:32:11
Capacity fees and if that's a, if that's just something you all want to entertain or if that's something that you feel like. 00:32:14
Would that help Justin? 00:32:23
No, I mean they are, but they are. Thoughts. 00:32:25
What are your thoughts on my question? 00:32:28
Staff is, I think that's a development fox. 00:32:31
I think all of it. 00:32:36
Sure, even even what's could you said there was two. Well, there's a component to the to the school, right. They're donating the 00:32:37
school and and how I would look at it as staff is that they're bringing it to the county something that's already set ready to be 00:32:44
occupied. And the reason the school has the reason the school has a capacity to do for sewer. It was never connected to sewer. 00:32:50
That old school was never never tied into the sewer system. 00:32:57
It has an on site. 00:33:05
Treatment system Septic. 00:33:07
Years ago. So it's never been tied in. That's why they have it. That's why there's a fee for that piece as well. 00:33:09
And we have a development agreement. So unless the development agreement says that we're responsible, I don't think it does. I 00:33:17
don't think it says we have. I'm just bringing up because there's got to be a, there's going to be a resolution of that issue. And 00:33:24
it does affect the project in terms of, of the, of the reason I say that is I know when they open bids tonight, I'm not going to 00:33:31
say what I think the number is here now because the bids aren't due till 6:30. 00:33:39
But these fees were were meant to pay. 00:33:46
Pay for that work. 00:33:49
You know, otherwise it sounds like I'm not gonna. Why would we do it? It's for this. 00:33:52
I would agree it has to be driven by the development in terms of the improvements to the sewer. OK, a point that you probably 00:33:58
already know. I. 00:34:02
Being that it's not in the agreement which. 00:34:08
It sounds like it's not. It looks like it's not. 00:34:11
Indicate if to me it indicates that it would be a developer issue and not a. Well, we'll bring it up for that. 00:34:14
That, that that's the point that I would make if I'm in your shoes. I just, I just wanna, I just wanna, I guess before I, I make a 00:34:20
statement, typically I wanna make sure I'm making a mistake if I'm the representative, right, Right. 00:34:27
It's not addressed in the agreement. So I think that's where we stand because it's the responsibility of the developer, OK. 00:34:38
And Bob, I think you got the last night I do so Facade Grant I was at. 00:34:46
Oh, what was that called? Billy, you're here. 5 star Galaxy, five stars. That what it was called. 00:34:53
Yeah. 00:35:01
They had a economic development. 00:35:02
Luncheon in Georgetown and the destination Georgetown. 00:35:06
Sponsored it. 00:35:10
Pretty well attended, but anyway, Curled oil with Polyfreeze came up to me, she says there's redevelopment. 00:35:11
Floyd County redevelopment? Do you have facade grants? 00:35:17
I said I think maybe we used to, but I don't know if we do. 00:35:20
So I want to bring that up because. 00:35:25
She would like to apply for a facade grant and I think if we don't have that program, maybe we ought to consider it. Thank you. 00:35:27
For existing businesses it's. 00:35:30
It'd be a good program. 00:35:35
And my thoughts were we have a revolving loan fund with a substantial dollar amount in it. 00:35:37
I don't see why we couldn't earmark. Part of that is a. 00:35:44
Facade Grant program and I don't know Don did we used to have one. 00:35:48
How we talked about it, OK. We never, we never, OK. 00:35:53
So. 00:35:58
I mean, I'm thinking we could just earmark some of that. 00:36:01
She she didn't even, she didn't even mention like. 00:36:05
We're looking to do acknowledges of improvement. She just said that we need to do some facade improvements and it would be helpful 00:36:08
if there was a program out there that could help me with that so. 00:36:13
I think, Don, maybe we could draft something to come back to this board with some thoughts or ideas on it. 00:36:20
Pros and cons to to it. 00:36:27
I mean if if it's. 00:36:29
I had to. I can't remember. 00:36:34
So most so most of them are not paying for all of it. No, it's only it's a small. 00:36:36
And then they get approved for some amount of funding with their estimates and then afterwards get reimbursed based on. 00:37:19
Trying to help be business friendly in the county. Yeah, no, I'm not. I'm just so I mean, I'm all for it because I mean, I know 00:37:27
what small businesses go through. Yeah, I wasn't I wasn't speaking negatively. I just was stopping at my lawyer role of here's the 00:37:34
the nuts and bolts of what happens normally done in some other place. 00:37:42
And now I think we have a grant program and, and I'm speaking Georgetown has one and, and it's exactly what Justin described. 00:37:50
Yeah, it's up to a dollar amount. They they have to show how they're going to use it. They have to show receipts. And it's yeah, 00:37:56
like the new. 00:38:02
And you think they may have a new little brewery coming in 30 facade Grant So is polyphrase asking or just the person that owns 00:38:10
Polyp is going she would like to ask for she don't follow. She wants to come in the hassle pilot freeze. 00:38:17
In the TIF district, and in fact, that's what I was saying. 00:38:26
You're spending on TIF money. This is revolving loans. You'd be administering it for the county commissioners because it's 00:38:32
ancillary to, it's not, it's not specific to it. It's it's kind of ancillary to what you guys do. So you're administrating it. 00:38:37
It's not actually a redevelopment tiff. 00:38:42
Just thought about and they're usually a cabinet. 00:38:51
Usually the cap is fairly modest. 00:38:54
You could, I mean, you could say I'm looking to add a couple of employees, but my resources are stretched so thin. I can't even I 00:38:57
can't do both. I mean, I'm not saying that's you have to have that. You may just want to circulate the what other. 00:39:04
Yeah. And if you have examples you could share with us that would just so people could ask questions and see. But I I'd like to 00:39:12
report back to Carol that, hey, we are looking at it. We'll bring it up at our next meeting with some drafts. 00:39:18
Further discuss. 00:39:24
Because we do, we do have the, we do have funds that I feel like we could earmark some of those monies. 00:39:26
You know, maybe just. 00:39:33
Have a small budget each year. 00:39:35
People can tap into. I think it's I think it's a good idea. I'd like yeah, I like this details of how others do it, get a little 00:39:37
bit more familiar with it. That's all I had on that. I just, you know, I just want it. I think it's it's good. We help promote 00:39:43
existing businesses. We're trying to help them and be. 00:39:49
As friendly as we can, you know. 00:39:55
So no. 00:39:58
There was one item. There's some engagement letters for finalizing the buy. 00:40:00
Do we have the romp crow? I believe that. 00:40:07
That you should. 00:40:10
And if. 00:40:14
Probably. 00:40:20
Well, I don't think I've seen them either. OK, so you want to just can we entertain a motion to for you to review, approve the 00:40:22
engagement letters with engagement letter or letters, letters with Crow contingent upon legal and legal review? 00:40:32
Allow me to sign it outside of the meeting. Do you want any details of what it is? Is it a flat fee? Is it a, is it hourly? If you 00:40:43
want to give details, I would love to know some details because I don't, I don't know. I don't know what I'm voting for and when 00:40:50
it comes to attorneys or engagement letters, I need to know. 00:40:57
They are for the issuance of bonds on the Edwardsville project and the. 00:41:05
Red wire, red wire. Thank you. I couldn't think of red wire red wire project only because we had code names. Are they flat fees? 00:41:16
Are they variable? They have they're hourly with a not to exceed. 00:41:23
And they are all payable from bond proceeds at the time of closing. 00:41:31
Are the three votes needed on this one? 00:41:36
For engagement letter No. 00:41:39
No. How many votes are needed for this? 00:41:41
To approve engagement letter just just to simple majority. Yeah. What I'm saying. Oh, you lost 10. He's making it. Yeah, I see. Is 00:41:43
that a motion to thank you? Sorry. So if I hold out, it's that emotion to approve. I'm a little slow with your humor this morning. 00:41:49
Either that or it's not good humor. I don't know. That's that's subjective. I mean, I'm not making it a legal opinion on that, but 00:41:55
that is totally subjective. Yeah. 00:42:01
Do I have a motion to approve? 00:42:11
Someone. Anyone. 00:42:13
This needs to be done. 00:42:19
Yes, because we have to proceed, we have to get the bombs moving on that and that's part of the schedule. If you looked at our. 00:42:20
Put it away as the overall schedule that you see. 00:42:28
Has anybody seen them with butters? Apparently they're in my e-mail and so. 00:42:32
But I'm going to forward them around there once so. 00:42:38
Yeah, well. 00:42:41
So I understand, I respect the process of of you, Bill Bob. 00:42:44
And and Justin to look it over before it goes forward. So I'll make a motion to approve the engagement letters plural and sign 00:42:49
outside and allow Bob to sign outside the meeting with the contingency of of the review of those by Bob and Justin. 00:42:58
A second motion made second any further discussion. 00:43:08
All those in favor say aye aye and I'll get those out right away. 00:43:13
Sorry about that. Oh, I'm sure. 00:43:18
I'm sure I have it. 00:43:22
Yeah, I'm sure I do. 00:43:25
OK. Anything else done for the good of the order? 00:43:28
No, nothing else. We'll entertain a motion to adjourn. 00:43:33
I just want to know if my humor is. 00:43:36
Fantastic. Good or not good? 00:43:39
Squeeze a jello. 00:43:46
I'll make a motion to adjourn. 00:43:49
Second, all in favor say aye. We're adjourned. Thank you. 00:43:51
Uh, right, I had Bill White on them. At least I didn't use the Mike Tyson punch him in the face, did we? We had that one before I 00:43:55
forgot to use that one. 00:44:00
Mike Tyson, everybody has a plan. 00:44:06
We were. 00:44:19
You missed the zinger. 00:44:24
We almost had to pick him up off the floor. 00:44:47
I've outlawed it. 00:44:51
I wish that is. 00:44:53
Sorry. 00:44:56
I was trying to stay ahead of it for you. 00:44:58
It's there's so much going on. 00:45:00
Thank you. 00:45:03
So. 00:45:13
Let me look at these, I need to sign them. 00:45:15
Gotcha. 00:45:28
But they own it as a separate corporation. As a non union separate entity they get first right refusal basically. 00:45:41
Gotcha. 00:45:50
Chill. 00:45:51
These are some because for years they wanted to go this, they wanted to take the story, but there's nothing. 00:45:54
Which honestly? 00:46:09
This would work much better for their traffic. 00:46:12
It's not the easiest thing. 00:46:18
Well, this I'm trying to get some perspective here. So this, this the front, the front, there's the goodwill. 00:46:23
Yeah, OK, so top company and all that stuff. So we just you come off 150, what I was looking for come off 150 when you turn here, 00:46:28
that is a death trap. Yeah, yeah, yeah, yeah, right. It's a it's a funky little. So going to get. So that's going to be gone. 00:46:33
We're going to move the whole thing. How big is this? 00:46:39
Let's see, they're saying that's 100. 00:46:45
Wow more than double it's more than it's like 50 ish and. 00:46:49
This is just one of those old style stores, which is fine. 00:46:56
It's just not big enough. 00:47:00
Build the needs of the community, you know, it's like you know, we run the JC to get quickly things. I'm not a Kroger for our 00:47:02
makers. 00:47:05
They they don't have to wear out so that the State Street Kroger, that's not too close to build a big sign. 00:47:11
They said it's. 00:47:20
Well. 00:47:23
It's getting harder and harder. 00:47:26
That's another thing too they're trying to make. 00:47:30
That shopping experience better from people that are wanting to go there, right? 00:47:32
Because it it, that place gets crazy. It does, it does. And then the traffic sucks traffic. Oh, sure, all this stuff. 00:47:37
Is that what this is he just gave me? Oh, yeah, yeah. 00:47:46
I got your e-mail on our. 00:47:54
Oh yeah, I think. 00:47:56
To me, you've seen it, you not even thought about. 00:47:59
I I was gonna pull up Google Earth and they drive those. I'm just gonna pull it up Street View. I mean, you can bring some if you 00:48:05
want. I was thinking about two couple shots and e-mail them to you. You can pull up what it actually means. Yeah, because I was 00:48:12
gonna do the same thing. But we're just Google Earth. So to do something like that sounds good to me. Obviously, we've had that 00:48:18
for 25 years. 00:48:25
Within the next year or two, we will apply we. 00:48:32
We got delayed on our current funding because we got a grant right now through the state. The CMG is community crossings matching 00:48:37
grant C. 00:48:41
scroll up