PLAINFIELD REDEVELOPMENT COMMISSION
PLAINFIELD REDEVELOPMENT COMMISSION October 10, 2016 5:30 p.m. of this meeting call like to would I Bassett: Mr. p.m. 2016 at 5:30 October 10, for Commission Redevelopment
the
Plainfield
PLEDGE OF ALLEGIANCE Mr.
I would like to start with the Pledge of Allegiance.
Bassett:
CONSENT AGENDA Ms. Andres wasn’t able to make it tonight but we do have a Mr. Bassett: First on the agenda we have the minutes of the August 29th meeting quorum. Has everyone had which was a combination meeting of the RDC and the RDA. time to review the minutes? It was different reading minutes of 2 boards at the same time. McPhail: am thinking what is going on here then I finally got in the cycle. Mr.
I
I move we approve as submitted.
Kirchoff:
Second.
Mr. Angle:
Motion Mr. Bassett: motion carried.
and
approve
to
second
all
those
in
favor,
opposed,
PUBLIC HEARING At this time we would like to open the meeting for a public Mr. Bassett: We do have the notice that it has been published for the public hearing. hearing on Resolution RDC-20l6-09- The Declaratory Resolution Regarding the Do we have any questions or input Creation of the Klondike TIF District. If no questions or input we will close the from anyone in the audience? public hearing.
OLD BUSINESS Mr.
Bassett:
Old business,
the Klondike TIF Area Creation update.
I just wanted to remind the Council of what we are talking about Mr. Perona: Klondike TIF is about 82 acres and it is at the southwest the that here It is bounded on corner of Ronald Reagan Parkway and County Road 200 south. the west by the Regal Beloit boundaries and then Adesa on the south it is bounded by an easement between Medallion Meadows and the Ambrose owned property on Ronald Reagan Parkway on the east and Co. Rd. 200 South on the north. Last time that you met, I guess I should say when you guys met with the RDA you passed the declaratory, we had the public hearing and so I will ask the Resolutions to please pass the confirmatory so that we can establish Do you have any questions for me? the TIF. Mr.
Bassett:
Thank you Mr.
Perona.
RESOLUTIONS Resolution No. RDC-20l6-ll- A confirmatory Resolution of the Mr. Bassett: Confirmatory Resolution of the Plainfield Redevelopment Commission Regarding the Establishment of the Klondike Economic Development Area an Allocation Any questions or discussion? Area Therein. Mr. McPhail: Mr. Angle:
I would move to approve RDC-20l6-ll
I will second.
Motion Mr. Bassett: motion carried.
to
approve
and
a
second,
all
in
favor,
those
opposed,
WISHES TO BE HEARD Mr.
Bassett:
Any wishes to be heard?
I would like to invite Emma Adler from Umbaugh to come forward Mr. Perona: just to sort of brief you a little bit of what is going on with the bonds for Fire Station 121 and a request for a signature page.
PLAINFIELD REDEVELOPMENT COMMISSION
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10/10/16
So as you all are very well aware we are going through the bond Ms. Adler: We have issuance process for the new Fire Station from the Six Points area. next and then Friday on call rating the initiated the ratings process we got to it and send statement official preliminary the print will week we As part of that, as Tony mentioned, will be trying prospective purchasers. to collect some signatures from the President and Secretary of the RDC and of The bond sale the RDA to go along with the preliminary official statement. is October 26t1 and then all the money will be closed and transferred on I don’t know if you have any questions for me. November 17tli Mr.
Kirchoff:
What are you hearing interest rate wise?
We think interest rates really haven’t changed; they have been Ms. Adler: There really pretty steady from what we showed to the members the last time. market. bond haven’t been too many changes in the Mr.
Kirchoff:
Ms. Adler:
That is good news.
Okay,
we will be getting you some signature pages hopefully soon.
We were able to Mr. Angle: correctly, can you confirm? Mr. Adler:
For signatures?
Mr. Angle:
Yes.
do
electronically
that
last
time
if
I
remember
Well when we finalize the final official statement after the sale Ms. Adler: we really want your actual signatures so if it is easier doing it emailing or scanning. Mr. Angle:
I think that is what we did.
Ms. Adler: that week.
We may have to coordinate
it the week before.
Does anyone have Thank you. Mr. Bassett: any other business at this time?
I may be traveling
any other questions?
Do we have
NEXT REGULARLY SCHEDULED RDC MEETING: November We have the next regularly scheduled RDC meeting November 7, Mr. Bassett: quorum for that. Does it need to be the Mr. Angle: week while we have a Council meeting?
7th,
can we
do
it
the
l4
the
a
following
The only reason that we chose this particular one is that we Mr. Perona: Tim is have invited Tim Jenson from Veridis to come and meet with you. So that working with the Town on ways that we can do redevelopment better. could be a lengthy discussion and we didn’t want to run it up against the work session that we always have before the Council meeting is the only We can also go the week after that if that reason why we chose this one. the week after that it would be BZA at 7, Because would be better for you. and the BZA at 7 and allow for more 5:30 at meeting the have so we could Again we just wanted to make sure that we had enough time that you got time. questions answered and Mr. Jenson had a chance to tell you all about it. At this point we don’t have Can Mr. Jenson be the work session? Mr. Angle: for a work session that week, need a there is a work session on the schedule, meetings. consolidate to trying just am I Town Council? Mr.
Kirchoff:
Mr. Angle: Mr.
Perona:
Mr.
Bassett:
Mr.
Perona:
Mr. Bassett:
If you will let us know which one.
I just think we should just go with the
14th•
We will tentatively set that for the l4. Will that be at 5:30? That will be at 5:30, Okay,
we will start it early.
thank you. Any other business to discuss?
PLAINFIELD REDEVELOPMENT COMMISSION
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10/10/16
ADJOURN Mr.
I will entertain a motion to adjourn.
Bassett:
Mr. Angle:
Move to adjourn.
Mr.
Kirchoff:
Mr.
Bassett:
Second. Motion is second,
all those in favor,
motion carried.
ance K. Ang(etary
PLAINFIELD REDEVELOPMENT COMMISSION
Page 3
10/10/16
the
Plainfield
PLEDGE OF ALLEGIANCE Mr.
I would like to start with the Pledge of Allegiance.
Bassett:
CONSENT AGENDA Ms. Andres wasn’t able to make it tonight but we do have a Mr. Bassett: First on the agenda we have the minutes of the August 29th meeting quorum. Has everyone had which was a combination meeting of the RDC and the RDA. time to review the minutes? It was different reading minutes of 2 boards at the same time. McPhail: am thinking what is going on here then I finally got in the cycle. Mr.
I
I move we approve as submitted.
Kirchoff:
Second.
Mr. Angle:
Motion Mr. Bassett: motion carried.
and
approve
to
second
all
those
in
favor,
opposed,
PUBLIC HEARING At this time we would like to open the meeting for a public Mr. Bassett: We do have the notice that it has been published for the public hearing. hearing on Resolution RDC-20l6-09- The Declaratory Resolution Regarding the Do we have any questions or input Creation of the Klondike TIF District. If no questions or input we will close the from anyone in the audience? public hearing.
OLD BUSINESS Mr.
Bassett:
Old business,
the Klondike TIF Area Creation update.
I just wanted to remind the Council of what we are talking about Mr. Perona: Klondike TIF is about 82 acres and it is at the southwest the that here It is bounded on corner of Ronald Reagan Parkway and County Road 200 south. the west by the Regal Beloit boundaries and then Adesa on the south it is bounded by an easement between Medallion Meadows and the Ambrose owned property on Ronald Reagan Parkway on the east and Co. Rd. 200 South on the north. Last time that you met, I guess I should say when you guys met with the RDA you passed the declaratory, we had the public hearing and so I will ask the Resolutions to please pass the confirmatory so that we can establish Do you have any questions for me? the TIF. Mr.
Bassett:
Thank you Mr.
Perona.
RESOLUTIONS Resolution No. RDC-20l6-ll- A confirmatory Resolution of the Mr. Bassett: Confirmatory Resolution of the Plainfield Redevelopment Commission Regarding the Establishment of the Klondike Economic Development Area an Allocation Any questions or discussion? Area Therein. Mr. McPhail: Mr. Angle:
I would move to approve RDC-20l6-ll
I will second.
Motion Mr. Bassett: motion carried.
to
approve
and
a
second,
all
in
favor,
those
opposed,
WISHES TO BE HEARD Mr.
Bassett:
Any wishes to be heard?
I would like to invite Emma Adler from Umbaugh to come forward Mr. Perona: just to sort of brief you a little bit of what is going on with the bonds for Fire Station 121 and a request for a signature page.
PLAINFIELD REDEVELOPMENT COMMISSION
Page 1
10/10/16
So as you all are very well aware we are going through the bond Ms. Adler: We have issuance process for the new Fire Station from the Six Points area. next and then Friday on call rating the initiated the ratings process we got to it and send statement official preliminary the print will week we As part of that, as Tony mentioned, will be trying prospective purchasers. to collect some signatures from the President and Secretary of the RDC and of The bond sale the RDA to go along with the preliminary official statement. is October 26t1 and then all the money will be closed and transferred on I don’t know if you have any questions for me. November 17tli Mr.
Kirchoff:
What are you hearing interest rate wise?
We think interest rates really haven’t changed; they have been Ms. Adler: There really pretty steady from what we showed to the members the last time. market. bond haven’t been too many changes in the Mr.
Kirchoff:
Ms. Adler:
That is good news.
Okay,
we will be getting you some signature pages hopefully soon.
We were able to Mr. Angle: correctly, can you confirm? Mr. Adler:
For signatures?
Mr. Angle:
Yes.
do
electronically
that
last
time
if
I
remember
Well when we finalize the final official statement after the sale Ms. Adler: we really want your actual signatures so if it is easier doing it emailing or scanning. Mr. Angle:
I think that is what we did.
Ms. Adler: that week.
We may have to coordinate
it the week before.
Does anyone have Thank you. Mr. Bassett: any other business at this time?
I may be traveling
any other questions?
Do we have
NEXT REGULARLY SCHEDULED RDC MEETING: November We have the next regularly scheduled RDC meeting November 7, Mr. Bassett: quorum for that. Does it need to be the Mr. Angle: week while we have a Council meeting?
7th,
can we
do
it
the
l4
the
a
following
The only reason that we chose this particular one is that we Mr. Perona: Tim is have invited Tim Jenson from Veridis to come and meet with you. So that working with the Town on ways that we can do redevelopment better. could be a lengthy discussion and we didn’t want to run it up against the work session that we always have before the Council meeting is the only We can also go the week after that if that reason why we chose this one. the week after that it would be BZA at 7, Because would be better for you. and the BZA at 7 and allow for more 5:30 at meeting the have so we could Again we just wanted to make sure that we had enough time that you got time. questions answered and Mr. Jenson had a chance to tell you all about it. At this point we don’t have Can Mr. Jenson be the work session? Mr. Angle: for a work session that week, need a there is a work session on the schedule, meetings. consolidate to trying just am I Town Council? Mr.
Kirchoff:
Mr. Angle: Mr.
Perona:
Mr.
Bassett:
Mr.
Perona:
Mr. Bassett:
If you will let us know which one.
I just think we should just go with the
14th•
We will tentatively set that for the l4. Will that be at 5:30? That will be at 5:30, Okay,
we will start it early.
thank you. Any other business to discuss?
PLAINFIELD REDEVELOPMENT COMMISSION
Page 2
10/10/16
ADJOURN Mr.
I will entertain a motion to adjourn.
Bassett:
Mr. Angle:
Move to adjourn.
Mr.
Kirchoff:
Mr.
Bassett:
Second. Motion is second,
all those in favor,
motion carried.
ance K. Ang(etary
PLAINFIELD REDEVELOPMENT COMMISSION
Page 3
10/10/16
