12 March 2024 Dearborn County Redevelopment Commission Meeting Notes
Present: Jim Deaton, Chairman, Dave Deddens, Jim Helms, Jim Mansfield, Mark Dole, and Daryl Cutter (non- voting school board member)
Also present:Sue Hayden, county administrator and minute taker, Anthony Smart, Attorney, Connie Fromhold, Auditor and DCRC treasurer.
Title VI Statement read as legally required
EXECUTIVE SESSION @ 8:00 a.m. preceded this meeting
IC §5-14-1.5-6.1(b) (2) (D) which pertains to discussing strategy with the respect to the purchase or lease of real property by the governing body up to the time a contract or option to purchase or lease is executed by the parties;
IC 5-14-1.5-6.1(b) (4) (A) to discuss interviews and negotiations with industrial or commercial prospects or agents of industrial or commercial prospects by the Indiana economic development corporation, the office of tourism development, the Indiana finance authority, an economic development commission, a local economic development organization (as defined in IC 5-28-11-2(3)), or a governing body of a political subdivision.
Memorandum for Executive Session- was approved by the DCRC.
Action from Executive Session- Deddens motioned and the board approved One Dearborn to obtain appraisals on properties in the TIF districts.
Approval of Minutes for February 13, 2024 Meeting- Approved
Housekeeping
Claims: $3,840.66 to Bayer Becker for Task #4, 42% billed & Task #5 - 100% billed and Baker Tilly- $3,000 Total: $3,840.66
Financials – Passed out for Review- no comments.
Old Business
Stone property right of first refusal- Per Anthony Smart - Andrea Ewan is going to finish up on this - but he will verify that with her.
Aurora 1.0-acre site advertisement and proposals- received no bids. Letting this sit for now and one Dearborn will continue to seek people for this.
Bayer Becker- Mark Rosenberger: Updates on task orders-.
#3 West Harrison 15-acre grading plan and cost estimate- they received 3 quotes and 2 were close to each other regarding costs.
#4 West Harrison I-74 ramp planning- costs are going up. 2600 ft expansion. Cost $3 million. They can provide that to INDOT to investigate these funds. The county need to step up with funding for his to get noticed for the state funds. Board wants him to get this to INDOT to see what sort of cash infusion would be needed on this. This wouldn’t get funded till 2030, so Rosenberger said they need to get on this now.
#5 West Harrison Moore Lane improvements at RR crossing- Rosenberger- They have to come up with traffic volume. Then RR can see what warning system will be required. Cost breakdown of the $661,000 = $400,000 is a ball park number that Gennessee Wyoming gave him. He sees that going down as a full blown warning system won’t be required as this is not a hot track. Cannot push on that number until we are further in the process. $215,000 for a sanitary sewer line. Corrected to $277,000. Sewer may not be required as the proposed use plans to have their own sanitary process. Rosenberger then passed out more info as some of the material in the packet was not matching per Hayden. This is similar to the driveway that we provided for the 15 acre. The cost of the sewer might be necessary for other projects. The current project plans 14 trucks a day. The train does not come through there. There is a safety concern per Perleberg and Dole agreed. Anticipate more trucks in the future, especially if more projects come in for the property.
Plan to get appraisal of farmer property for the ramp. Get more info to Gennessee Wyoming RR and get that nailed down on costs. Change zoning and change elevation on the 23 acres to get it out of the flood plain. Brian Bauman (sp?) from Brookville is realtor for the owner per his answer to Dave Deddens. Rosenberger said that a lot of property is in the flood plain. Roadway cannot have trucks siting on the tracks.
New task order #6 – Downtown Bright Infrastructure- This is near the one acre they own and need to get something done to that area. Perleberg said this pertains to Profession Park and Business Center Drives.This would then help this discussion on establishing aTIF there.
Rosenberger gave them a list of what they would provide for this. They would have about 43 acres they would study. Two streets not accepted by the county yet - and look at drainage to not hinder issues in the subdivision there. This would help with future plans for this area.They would sub with Patriot for the coring and discuss with Todd Listerman with what they find. They are trying ti revitalize this are per Deaton. Mansfield wants to proceed with task order 6 and deadens 2nded. There is a fee schedule and NTE basis. Approved to proceed with #6.
New Business
Legal counsel agreement- Anthony Smart is the new DCRC attorney. Approved and signed the contract.
Resolution 2024-001- authorizing transfer of land from Board of Commissioners of Dearborn County to DCRC- This is the Medical Office campus area near Wilson Creek/SR48. This is a $0 cost to DCRC. Approved.
REDI Cincinnati presentation on Site Revolving Fund- Andrea P? - a 15 county area in Tri-state area. Managing site and infrastructure strategy for REDI Cincinnati- The Site Revolving Fund was to help attract and retain and grow companies. You need product to give them- land to grow and fund. REDI has reserve funds to allocate for eligible land and members. REDI sees over 100 opportunities annually. The end use of the land is another category. Target is industrial or commercial when it comes to job creation. There are guiding principles and parameters for these loans. This can help diversify their financing. It’s a 5 year loan - first 3 years interest free. If paid off in 3 years 15% of principle is forgiven. First step is to fill our. A pre- rep form. They work closely with the Port in Hamilton County. Perleberg said this could be tool to keep more of your cash liquid. This is just for information and this tool can strengthen your partnership wit REDI Cincinnati. No action needed at this time. Information only.
West Harrison Business Park 15 Acre Site driveway and utility extensions- Perleberg this is task order #3 already done. This would get is more marketable as the access would make it shovel ready. REDI could participate up to $75,000 on this. If you want to make it more marketable. Do we want to take more action on this? Rosenberger said they would need to do the final design and permitting. $420,955 was Bayer Becker’s estimate. It could come out of Fund 4304 or 4305. West Harrison and Whitewater Mill TIFs. Board wants to wait to make a decision on this. Maybe talk to Cushman Wakefield. Rosenberger thought he’d like to sit down and talk to them. Deddens said to table this one and focus more on Moore Lane now
TIF Report by Baker Tilly- This was done last year and now needs updating and is required by the state per Connie Fromhold.
One Dearborn Report- Perleberg wants to know when they want the report to the taxing units. He will do it for them in April at DCRC request.
Attorney’s Report- none yet- thanked them for allowing him to v=come on board and he’s excited.
Other Business- Deddens- Cushman Wakefield needs a section of the billboard. Other tenant will pay the past due rent and renew the contract with Wingate. OK’d
Meeting adjourned at 10:05 AM
Christine Brauer Mueller
Lawrenceburg Township
