Redevelopment Commission Meeting Minutes – May 12, 2021

News, Redevelopment Commission

A regular meeting of the Martinsville Redevelopment Commission (RDC) met at 7:30 am on Wednesday, May 12, 2021, in the Council Chambers at Martinsville City Hall.

Roll Call: 

Commission members: Dair Grant, Phil Deckard Sr, Al Myers, Rich Griswold, were in attendance. Also in attendance were Dakota VanLeeuwen, Mayor Costin, Gary Oakes, Don Lipps, Troy Swan, Lance Gideon, Reporter-Times. RDC member Paul Lauck was absent.

Meeting called to order by President Dair Grant

After meeting called to order, Mayor Costin administered the oath for new RDC member RIch Griswold

Approval of Minutes:

The minutes of the April meeting were discussed.

Motion to approve April minutes was made by Phil Deckard.  Second by Al Myers               .

Motion approved 4-0

Approval of Claims

Motion to approve April claims of $2536.99     Motion made by Al Myers. Seconded by Phil Deckard      Approved  4-0

Financial Report:   

Discussion of financial report:

902 Redevelopment balance $81157.38                   for the month of April 1- April 30, 2021        

T I F balance                          $179701.26                for the month of April1- April 30, 2021

Engineer’s Report:

Martinsville Director of Planning and Engineering Gary Oakes stated that the city is currently working on acquiring properties along South St. As of present the city has acquired 14 of the 27 properties to complete the South St. Project.

Oakes also talked of the Ohio Street and I37-69 intersection flood plain. With Sator Ditch upgraded it should increase the city’s flood plain by 17 inches for that area.

Motion to approve purchase for 56 E. Morgan St Martinsville, Ind for price of $190,000   Motion made by Al Myers. Seconded by Phil Deckard    Motion approved 4-0

Unfinished Business:   

New Business:

Financial Advisor Jeff Peters reported that the RDC recently closed on more than $14 million in bond money at a rate of 2.45%

Attorney Report:

Working on Smoothie Shop 56 E. Morgan acquisition should be closed by the end of May.

Adjournment:

There being no further business, the meeting was adjourned at 8:30 am May 12, 2021