17 September 2013
Dearborn County Council Special Meeting Notes
Present: Dennis Kraus. Sr., President, Dan Lansing, Liz
Morris, Randy Lyness, Charlie Keyes, Maynard Barrett, and Bill Ullrich.
Also present: Gayle Pennington, Auditor, Kevin Lynch,
Commissioner and Redevelopment Commission, Andy Baudendistel, County Attorney, and
Teresa Randall, County Administrator
Dennis Kraus Sr said it was pretty rude that they were
emailed at 10 till 4 and expect them to decide on this without time to review.
Would someone like to explain this?!
Terri Randall said that they have been competing for this
Milling Company with Carlisle Ohio. They do not have anyone who does
redevelopment on a daily basis. They are making a $44 million investment.
Committed to us now. Instead of cash
incentives- allow them to borrow money at their own risk and pay for it with
their own tax incentives from the TIF. Apologize- my day job is something else-
but I tried to get things together from the legal expert . Ask your indulgence…
Randall went on: Economic development Commission regulations
by state statute. Thought this company should have some skin in the game. Our
local towns have done this- like Greendale. This is our first time. If you allow a company to borrow money you
have to have a legal process. Economic Development Commission is simply a 3-
person Board. If you wanted to bond out in the future you would need this
board. This is a mechanism to do that. Because of the time frame we are working
under. One member nominated by Council one by Commissioners and one by
Lawrenceburg, Then the Commissioners formally make the appointment of these 3
people. Andy Baudendistel had nothing to add. He said Tom Pittman from Barnes and Thornberg
worked with Terri on this. He has no problem with this. Apologize that he
hasn’t been as hands on as he was out for a few weeks due to the birth of a
child.
Lyness said- $44 million project- but this bonding is for $2.5
million. Terri- 20 million in equipment. Another 20 million to get land out of
flood plain etc. Grant helped buy the land. Kraus – cost of land – ½ million?
No it was $600,000- half L-bg and half us. Now there is another piece that the
Redev is considering buying of the Stone property also. Randall – my goal was
to protect the county. We got experts and actuaries looking at this when they
actually go to a bank. It’s up to $2.5 million they can borrow against the
bond. They had to go into a really detailed process just to get L-bg company.
They are a stable long term company. If you don’t bring the jobs or if you
don’t live up to commitments- they owe us money back. The redev won’t see a lot
of tax revenue from this particular project- but another company that has
merged with them and their taxes will be considered as part of this for funds
to go back to redevelopment. This allows farmers to cycle wheat into their crop
rotation here.
This will be the whole county’s economic development
commission. How long does board stay in place? Commish 3 years, council 2, L-bg
1 year terms. Keyes doesn’t want to make the appointment tonight. Option to
keep things moving- per Randall is to have another meeting. Lansing said it’s a
necessary step. He sits on Greendale’s Economic
Development Board but hasn’t had to decide anything yet.
Morris- said- we could agree to adopt the ordinance and then
later have Kraus, Sr. and Barrett could give the name to Commissioners.
Morris moved to adopt ordinance as presented 2nded by
Ullrich for the Dearborn County Economic Development Commission.
Passed.
Morris moved that in 5 days Kraus and Barrett could give a
name to Commissioners for their rep. Ullrich 2nded. Passed. Council’s
appointment is a 2 year appointment.
Decided to withdraw this as they cannot do this- will
violate open door law!!!!
Al Abdon Greendale is Lansing’s nomination. Tom Orschell Is
another name. Jody Blasdel per Keyes.
Lansing motioned to
nominate Orschell first choice and Blasdel is 2nd choice if Orschell
cannot do it.
Maynard Barrett 2nd. Passed.
Council signed the
ordinance setting up the Economic Development Commission.
Adjourned at 5:40 PM
Christine Brauer Mueller
Lawrenceburg Township
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