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HomeMy WebLinkAbout8.13.19 minutes REDEVELOPMENT AUTHORITY MINUTES August 13,2019 PRESENT: Jack Bermingham,Steve Hintz, Lori Palmeri Susan Panek EXCUSED: Thomas Belter,Jason Lasky,Archie Stam STAFF: Allen Davis, Executive Director/Community Development Director; Darlene Brandt, Grants Coordinator;Andrea Flanigan,Recording Secretary Chairperson Palmeri called the meeting to order at 12:00 pm. Roll call was taken and a quorum declared present. The minutes of July 17, 2019 and July 17, 2019 Closed Session were approved as distributed. (Danek/Bermingham). 19-24 Approve Development Agreement with Merge,LLC for Redevelopment of Parcels H,I and J within the Marion Road Redevelopment Area Motion by Hintz to move Res. 19-24. Seconded by Bermingham. Mr.Hintz questioned if everything to date has gone as expected with the development. Joy Hahnemann with Merge LLC stated they are moving forward with the environmental phase II. This will help them determine how to remediate the site and build on the lots. There has already been great tenant interest which will guide which building is started first. Mr. Hintz asked if the financing was finalized and when the environmental work would be complete. Ms. Hannemann stated they should have a good idea of what environmental work needs to be done in the next 60 days and from there will work with the DNR to determine remediation. Skydeck the capital financer for the project is in support and ready to go. She stated they have been in discussions with WEDC as to what grants might be applicable to the project. Merge is working with Green Fire Construction to provide an early construction number which will help get the construction loan and permanent financing. Ms.Palmeri asked how parkland dedication fees were calculated. Mr. Davis believed parkland dedication fees were included in the building permit but would have a definite answer by Council meeting. The item was called. Motion carried 4-0. RDA Minutes July 17,2019 Page 1 Motion by Palmeri to convene into Closed Session related to the negotiation of land for slum and blight elimination at 1124 High Avenue pursuant to Section 19.85(1)(e) to discuss bargaining options, strategy, and parameters where competitive bargaining reasons require a closed session. Seconded by Hintz Motion carried 4-0. RDA Open session reconvened at 12:35 PM. Roll call was taken and a quorum declared present. There was no further discussion. The meeting adjourned at approximately 12:36 PM. (Hintz/Bermingham) Respectfully submitted, Allen Davis Executive Director RDA Minutes July 17,2019 Page 2