A regular meeting of the Martinsville Redevelopment Commission (RDC) met at 7:30 am on Wednesday, June 8, 2022, in the Council Chambers at Martinsville City Hall.
Roll Call:
Commission members: Dair Grant, Al Myers, Rich Griswold, Paul Lauck were in attendance. Phil Deckard was absent. Also in attendance were Dakota VanLeeuwen, Gary Oaks, Mayor Costin, Don Lipps, Reporter-Times.
Meeting called to order by President Dair Grant.
Approval of Minutes:
The minutes of the May meeting were discussed.
Motion to approve May minutes was made by Rich Griswold. Seconded by Paul Lauck. . . . . .
Motion approved 4-0
Approval of Claims:
Motion to approve claims of $11771.36 Motion made by Al Myers. Seconded by Rich Griswold Approved 4-0
Claims: VanLeeuwen Law LLC, Banning Engineering, Peters Franklin LTD
Financial Report:
Discussion of financial report:
Go Bond balance $ 97612.22 for the month of May 1- May 31, 2022
T I F balance $ 183112.03 for the month of May 1- May 31, 2022
Engineer’s Report:
Discussion for the purchase of land west of Artesian Ave. for the possible construction of a new satellite fire/police station for the new Hanna Farms housing development in the area.
Motion to purchase two acres of land in Artesian Ave. area at $27500.00 per acre for the possible construction of a satellite fire/police station for the Martinsville Fire/Police Dept. Motion made by Paul Lauck. Seconded by Rich Griswold.
Motion approved 4-0
Old Business:
New Business:
Attorney Report:
Resolution approving RDC’s determination and report of no excess assessed value.
Motion to approve Paul Lauck. Seconded by Rich Griswold Motion approved 4-0
Discussion of borrowing more money through GO bonds for upcoming city projects.
Jeff Peters, financial advisor, stated the RDC could borrow up to $2.5 million on 2023
Attorney VanLeeuwen stated that the RDC would need to create a list of detailed projects to be included in the GO bond. The commission voted to have Attorney VanLeeuwen begin that list.
Adjournment:
There being no further business, the meeting was adjourned at 8:30 am June 8, 2022
