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HomeMy Public PortalAbout008-2013 - Expendure of funds for inmprovements to roadways andRICHMOND REDEVELOPMENT COMMISSION RESOLUTION NO. 8 -2013 A RESOLUTION AUTHORIZING THE EXPENDITURE OF FUNDS C'E%IPROVEMENTS TO ROADWAYS AND INFRASTRUCTURE WITHIN THE REDEVELOPMENT AREA ") WHEREAS, the City of Richmond Redevelopment Commission (hereinafter "Commission ") has previously adopted a Declaratory Resolution, which has been amended, thereby establishing a Redevelopment Plan by which certain projects may be funded with excess Tax Increment Financing ( "TIF ") revenue; and WHEREAS, pursuant to I.C. 36- 7- 14 -39, such excess revenues may be used for the purposes described therein; and WHEREAS, pursuant to the above actions, the amended project list includes improvements to roadways and4nhlic narkingfacilities-within_the -ity of Richmond;_and WHEREAS, it has become necessary to make certain roadway improvements in the TIF district as referenced in Attachment A. NOW, THEREFORE, BE IT RESOLVED by the Richmond Redevelopment Commission, that such Commission hereby approves and agrees to reimburse the City of Richmond and/or pay for necessary expenditures incurred in performing certain roadway improvements and public parking facility improvements. Such funding shall be ,paid from excess TIF revenues received during the year 2012 and placed into the. allocation fund, all of which is allowed pursuant to the TIF Redevelopment Plan of 1989, . as amended, previously.adopted by the Commission. BE IT FURTHER RESOLVED that the above reimbursement and/or expenditures shall not exceed the lesser of $350,000 or the allowable excess amount following the retention of all necessary funds .for the reserve. regarding the 2011 payments for Bond principal and interest payments. THIS RESOLUTION IS ADOPTED this day of ��, 2013 RICHMOND REDEVELOPMENT COMMISSION DO Un By: By: I I� Resolution 8 -2013 Attachment A See attached Redevelopment Commission Applications for Redevelopment Commission Funding Resolution 8 -2013 . r � Y City of Richmond Redevelopment Commission APPLICATION FOR REDEVELOPMENT COMMISSION (TIF or CTP) FUNDING Applicant Information 3 Date: t Maine: cinni, c->r- �(��i�i�vr -.1�: -' S � � P1 t r Name of Organization: Address: C) r^r cw O Email Address: - - c s `e. U 4 4 'k rn 0 n ot, 0- r� 0A . ov Phone: °U Fax: to (-0 - Q U ' Is the organization anon-profit organization: ?AYES NO. Project Information Project Location: LJ 0 Poe- 1 Fa Td ljoe"N 'i b Amount of Request: o� d Loan or, Grant: Duration: e One -Tune Funding o Multi- Period Funding Source of Funding requested: ®. TIF o CTP o Other (Explain): Page I of 4 i� Other sources of financing secured by the applicant (describe): tip, J C— Level of financial participation by applicant for the project <describe): rio rJ , f 1 Project Details Purpose (Explain the project and attach drawings or plans if applicable): r� �►- �� �c, &)O 2- IA, 1a 15T(, G &U oort4 I N } Is the Project: I. Within the TIF or CT? District: YES NO 2. If no to #1, how does it serve the TIF or CTP District YES NO If Yes, explain: 3. If no to #1, how does it benefit the TIF or CT? District YES NO If Yes, explain: How does the project fat into existing community plans (Tnclaa g, but not limzted to, the Comprehensive Plan, Downto ;vn Plan, Transportadon Plan, Park Plan, etc.. t`i" SSTS i.lc -)zl i'Yibs� i�LI�N Lti1,L?"1 Acsij The project MUST fail within the parameters. of the Redevelopment Commission Project List (Exhibit A). Describe how the'project falls within one or more of the required criteria. f RETURN ON IN ESTMENT Will local contractors be used for the project? V Yes o No (Explain) Estimated potential new TIF Revenue: Estimated Employment Opportunity: o New Jobs: of Retained Jobs: Other benefits to the community (Explain): tj GAG i� 3o6Z, i� oao s-t'(L t Applicant Certification I understand that the submittal of this application does not guaranty funding and that the Richmond Redevelopment Commission will consider the merit of your project based up on the benefit to the community, benefit to the 7IF or CTP district, and how it complies with existing community plans. I understand that Iwill need to appear before the Redevelopment Commission to represent this request. I understand that my request is governed by state enabling legislation for Redevelopment Commissions (7C 36 -7 -14) and/or Certified Tech Parks (IC36 -7 -32) and that the local Richmond Redevelopment Commission cannot consider a request that does notfall within those guidelines. I understand that I may be required to.submit receipts and/or other documentation to the City of Richmond,- Indiana State Board of Accounts or other sources as part of the project. I understand that my request is considered public information and sources such as the local media may have access to this application. I understand that if funded memorandums of understanding anchor other agreements may need to be drafted and funding may only be available to on a reimbursement basis I understand that my application will be considered in accordance with the timelines attached to this application and that timelines may be extended due to unforeseen circumstances Submitted By (Signature): oea--2.(:/` Date: Return completed application to Tony Foster, Department of Metropolitan Development, 50 North 5 ' Street, Richmond, W 47374 or tfoster@aichmandindiana.gov. Page. 3 of 4 For Internal Use Date Received: Reviewed by Metropolitan Development: `i t 3 Date: Reviewed by Mayor' Office: - Mag &j, 4431)Date: Project falls within one or more categories of the Redevelopment Plan.: ✓Yes No Project is complies with Redevelopment and/or CTP enabling legislation. Yes No Application is eligible to be heard at the -`� 4'�j - - _ meeting - Other: r� 13r, aF 2013 Meetings - All meetings will be held at 12:00 noon Meeting Date Application Deadline ri October 2 February 27 February 6 March -27 March b April 24 April 3 May 22 May i June 26 June 5 July 24 July 3 August 29' August 7 September 25 September 4 October 23 ` October 2 November TBA November 6 December. TBA December 4. .Page 4 ,of 4 City of Richmond Redevelopment Commission APPLICATION FOR REDEVELOPMENT COMMISSION (TIP or CTP) FUNDING Applicant Information Date: --- J Name: CT- or- ���� ��� _ � � r��� rc--r Y Name of Organization: Address: b rr Eoo O fAyy . -- Email Address: ci &k COO n x c� t� qQv Phone: Fax• q & (-e - -7 S 7 (9 Is the organization anon-profit organization: /YES NO Project Information Project Location: —Ooex m G STf T QO(L)�M � _i 4� T�5 15 T 4 Amount of Request: 3 -- Loan or Grant: �(z;aEVT Duration: i o One -Time Funding o Multi Period Funding Source of Funding requested: 6 TIF o CTP o Other (Explain): Page 1 of.4 . Other sources of financing secured by the applicant (describe): 00tJC Level of financial participation by applicant for the project (describe): Nr )rt i-- Project Details Purpose (Explain the project and attach drawings or plans if applicable): i0 t5T��' • S Is the Project: 1. Within the TIF or CTP District: /YES NO 2. If no to #l, how does it serve the TIF or CTP District YES NO If Yes, explain: 3. If no to #1, how does it benefit the TIF or CTP District YES NO " . If Yes, Explain: How does the project fit into. existing community plans (In fuding, bat not limited to, the ; Comprehensive Plan, Downtown Plan, Transportation Plan, Park Plait, etc..). aF Wr -Nost✓ S- t?m CY Fu%udLc�VC "L ©�rT of oc..:t� 1J 7- C H 0 tS AP SCCg00L- -5-ME. The project MUST fall within the parameters of the Redevelopment Commission Project List (Exhibit A). Describe how the project falls within one or more ofthe.required criteria. . -PLA3L.E , luf✓ A 5 r Ci u z . i Page 2 of 4 RETURN ON INWMTMENT Will local contractors be used for the project? V Yes o No (Explain) Estimated Potential new TIE Revenue: Estimated Employment Opportunity: o New Jobs: &,' Retained .cobs: Other benefits to the community (Explain): Fr -Reo(L 00-F -) S-f(ze(z Applicant Certification I understand that the submittal of this application does not guaranty funding and that the Richmond Redevelopment Commission will consider the merit of your project based up on the benefit to the community, benefit to the TIF or CTP district, and how it complies with existing community plans. I understand that will rued to appear before the Redevelopment Commission to represent this request I understand that my request is governed by state enabling legislation for Redevelopment Commissions (IC 3 6- 7- I4) and/or Certified Tech Parks (IC36 -7 -32) and that the local Richmond Redevelopment Commission cannot consider a request that does not fall within those guidelines I understand that I may be required to submit receipts and/or other documentation to the City of Richmond, Indiana State Board ofAccounts or other sources as part of theproject. I understand that my request is consideredpublic information and sources such as the local .media may have access to this application. I understand that iffundei, memorandums of understanding and/or other agreements may need to.be drafted and funding may only be available to on a reimbursement basis.. I understand that my application will be considered in accordance. with the timelines attached to this application and that timelines may be extended due to unforeseen circumstances. Submitted By (Sipature): �- Date:_ ! 12--1 Return completed application to Tony Foster, Department of Metropolitan Development, 50 North 5th Street, Richmond, IN 47374 or tf'oster@richmondindiana.gov. Page 3 of 4 For Internal Use 2013 Meetings - All meetings Date Re: eived: r{ ✓ J {3 Reviewed by Metropolitan Development: [ Date: Reviewed by Mayor' Office: ���1;'C T Date: +( b Project falls within one or more categories of the Redevelopment Plan: Le:::�fe s No Project is complies with Redevelopment and/or CTP enabling legislation Yes No Application is eligible to be heard at the _ LC ~� �� meeting. Other. � r a# bYnAt- . fC,5n lab a» April 3 May 22 May :.1 . June 26 June 5 Jelly 24 August 28, August 7 September 25 September 4 October 23 October 2 November TBA November 6 December TBA December 4 2013 Meetings - All meetings will be at 12 :00 noon Meeting Date Application Deadline February 27 February 6 March 27 March 6 April 24 April 3 May 22 May :.1 . June 26 June 5 Jelly 24 July 3 August 28, August 7 September 25 September 4 October 23 October 2 November TBA November 6 December TBA December 4 City of Richmond Redevelopment Commission APPLICATION FOR REDEVELOPMENT COMMISSION {TIF or CTP) FUNDING Applicant Information Date: ris Name: C9� j� -� f r De-pr Name of Organization: Address: j o © '-Z, t4 mok O fwt�- Email Address: Phone: 2, Fax: (o c Is the organization a non-profit organization: VYES NO Project Information Project Location: 00 2iVS E S i 1) �5-r -rt> h)o Q.71 K 5'7f Amount of Request:. j '� d (}O Loan or Grant: 2 j Duration: Other sources of financing secured by the applicant (describe): 0.0 rd tr Level of financial participation by applicant for the project (describe): iUON&' Project Details # Purpose (Explain the project and attach drawings or plans if applicable): j�l�. tr- 1�r�v tJaC�i u 157k Ta h� s i2-rW f' Is the Project: I. Within the T1F or CTP District: ZYES NO 2. If no to #I, how does it serve the TIF or CTP District YES NO ;.. If Yes, explain: 3. If no to #l, how does it benefit the TIF or CTP District: YES NO r If Yes, explain: How sloes the project fit into ei Istincr community plans (including, but not limited to the Comprehensive Plan, Downtown Plan, Transportation Plan, Park Plan, etc...) ) P Coo "►il CC -r512 - . `T-o EAST 01 rAVI� � A-) The project MUST :fall within the parameters of the Redevelopment Commission Project � List (Exhibit A). Describe how the.project falls within one or more of the required criteria. Page 2 of 4 3 For Internal Use Date Received: Reviewed by Metropolitan Development: J 5" —Date: Reviewed by Mayor' Office: 5e- A+ q—( 9 -f —Date: Project falls within one or more categories of the Redevelopment Plan: w-le's No Project is complies with Redevelopment and/or CTP enabling legislation Yes No Application is eligible to be heard at the -ZLf —C 3 meeting. Other: Tar* 04 0 Y% e 0%>t (k re,56M7 wn 2013 Meetings - All meetings will be held at 12.00 noon Meeting Date Application Deadline February 27 February 6 March 27 March 6 April 24 April 3 May 22 May 1 June 26 June 5 July 24 July 3 August 28 August 7 September 25 September 4 October 23 October 2 NovernberTBA November 6 December TBA December 4 City of Richmond Redevelopment Commission APPLICATION FOR REDEVELOPMENT COMMISSION (TIF or CTP) FUNDING Applicant Information Date: Name: J7c-( i Name of Organization:' Address: Email Address: C] Ski 1 i 1 - rn ► nQL Wk r)oL C>I/ Phone: G] Fax: We ` IS 7Q r Is the organization a non-profit organization: f% YES NO Project Information Project Location: WD +L."' Amount of Request: _ -{ 1(.0 0 (i cD 60 _ Loan or Grant: fj-r 3 i Duration: I o/ One -Tune Funding ✓ j o Multi- Period Funding ,I Source of Funding requested: � TIF ✓ i o CTP. o Other (Explain ): Page 1 of 4 � Other sources of financing secured by the applicant (describe): Level of financial participation by applicant for the project (describe): xJD (J6 Project Details Purpose (Explain the project and attach drawings or plans if applicable): i�''?�l -L ¢- �A ✓C C--� -C la �o AJ F (� rn c��,r�A�'15 +,3 USG F0 Sri L-Mg L Kc Is the Project: f 1. Within the TIF or CTP District: V YES NO 2. If no to #l, how does it serve the TIF or CTP District YES NO ■ If Yes, explain: 3. 'If no to #1, how does it benefit the TIF or CTP District YES NO If Yes, explain: How does the project fat into existing community plans (Including, but not limited to, the Comprehensive Plan, Downtown Plan, Transportation Plan, Park Plan, etc...} (YIaX)\) . C00 r,)EC r� f) 1 C r) 0 m JE"Vs J s� N tj lTV+ A oevl- The project MUST fall within the parameters of the Redevelopment Commission Project List (Exhibit A). Describe how the project falls within one or more of the required criteria. - . RETURN ON INWESTMENT Will local contractors he used for the project? e`' Yes o No (Explain) Estimated Potential new TIF Revenue: Estimated Employment Opportunity: V New Jobs: V Retained Jolts: Other benefits to the'community (Explain): Awf OF. 06z� i GAFF -rc 05'� e.-a—_tJ e0i-\0 . "TO 66I" o Tom 9APEe—S V- FAXV C'_' .5 Applicant Certification ,l understand that the submittal of this application does not guaranty funding and that the Richmond Redevelopment Commission will consider the merit ofyour project teased up on the benefit to the community, benefit to the 77F or CTP district, and how it complies with existing community plans I understand that I will need to appear before the Redevelopment Commission to represent this request. I understand that my request is governed by state enabling legislation for Redevelopment Commissions (IC 36 -7 -14) and/or Certified Tech Parks aC3-6-7 -32) and that the local Richmond Redevelopment Commission cannot consider a request that does notfall within those guidelines. I understand that I may be required to submit receipts and/or other documentation to 'the City of Richmond, Indiana State Board ofAccounts or other sources as part of the project. I understand that my request is considered public information and sources such as the local media may have access to this application. I understand that if funded memorandums of understanding and /or other agreements tray need to be drafted and funding may only be available to on a reimbursement basis. I understand that my application will be considered in accordance with the timelines attached to this application and that timelines may be extended due to unforeseen circumstances Submitted By (Signature):_ W J ato: Return completed applicationio Tony Foster, Department of Metropolftatt Development, SO North 5A Street, Richmond, IN 47374 or U oster richmondindiana.gov. Page 3 of 4 . For Internal Use Date Received: will be held at I2 :00 moon Reviewed by Metropolitan Development:. Date: Reviewed by Mayor' Office: Project falls within one or more categories of the Redevelopment Plan: ✓Yes No Project is complies with Redevelopment and/or CTP enabling legislation Yes No Application is eligible to be heard at the 3 meeting. Other: i wr CF- b rt 2 co �( IfL2 erg^ June 26 June 5 July 24. July 3 August 28 August 7 E Page 4 of 4 . 3 2013 Meetings - All meetings will be held at I2 :00 moon Meeting Date Application Deadline February 27 February 6 March 27 March 6 April 24 April 3 May 22 May 1 June 26 June 5 July 24. July 3 August 28 August 7 September 25 September 4 October 23 October 2 November TBA November 6 December TBA December 4 E Page 4 of 4 . 3 Rr Ati Y[ X City of Richmond Redevelopment Commission APPLICATION FOR REDEVELOPMENT COMMISSION (TIF or CTP) FUNDING Applicant Information Date: Name: �iL O 9�i me _ S-1-(ZJf(Vr DE;7P Name of Organization: Address: O u n lb�il AJ. Email Address: 4- b c s`, ! k (1 i G 0. 1 �V Phone: 3 93 "° �l Z z Is the organization a non-profit organization: ✓YES NO Project Information Project Location: L STa6i5r Amount of Request: Loan or Grant: (? e,4\,,j I Duration: a One -Time Funding o Multi Period. Funding • a I� > Other sources of financing secured by the applicant (describe): 1� ,A h!f, Level of financial participation by applicant for the project (describe): 00rJ6 Project 'Details Purpose (Explain the project and attach. drawings or plans if applicable): MLL, 4- -P(Ave Ili to Is the Project: 1. Within the TIF or CTP District: ZYES NO 2. If no to #1, how does it serve the TIF or CT? District YES NO If Yes, explain: 3. If no to #1, how does it.benefit the TIF or CT? District YES NO If Yes, explain: $vw does the project fit into existing community plans (Including, but not limited to, the Comprehensive Plan, Downtown Plan, Transportation Plan, Park Plan, etc...) (n rj G6rJr)6C7- -fin% -To A) C�-) i ITO Sn-ATe 1�0SFZTA .. S A i.L�V�`- `tom . 9 Will local contractors be. used for the project? i� Yes o No (Explain) Estimated Potential new TiF Revenue: Estimated Employment Opportunity: of New Jobs: d Retained Jobs: Other benefits to the community (Explain): Applicant Certification I understand that the submittal of this application does not guaranty funding and that the Richmond Redevelopment Commission will consider the merit of your project based up on the Benefit to the community, benefit to the TV or CTP district, and how it complies with existing community plans. I understand that I will need to appear before the Redevelopment Commission to represent this request. I understand that my request is governed by state enabling legislation for Redevelopment Commissions (IC 36-714] and/or Certified Tech Parks (IC36 -7 -32) and that the local Richmond Redevelopment Commission cannot consider a request that does not fall within those guidelines. I understand that I may be required to submit receipts and/or other documentation to the City of Richmond, Indiana State Board ofAccounts or other sources as part of the project. I understand that my request is considered public information and sources such as the local. media may have access to this application. I understand, that if funded, memorandums of understandingand/or other agreements may need to be drafted and funding may only be available to on a reimbursement basis I understand that my application will be considered in accordance- with the timelines attached to this application and that timelines may be extended due to unforeseen circumstances. Submitted.. By (Signature): Date. 2-"J Return completed application to Tony Foster, Department of Metropolitan Development, 50 North 5111 Street, Richmond, IN 4 7374 or tfosteta rfchmondindiana.gov. Page 3 of 4 ' 9 For Internal Use 208 Meetings - All meetings Date Received: October 2 Reviewed by Metropolitan Development: � " Date: Reviewed by Mayor' Office: 'qoM,- � -f <b - -- Date: Project €alts within one or more categories of the Redevelopment Plan: 4/Yes No Project is complies with Redevelopment and/or CTP enabling legislation Yes No Application is eligible to be heard at the i. %i meeting Othe o� fiy�¢., avC�•�,,W C� �i� May 22 May 1 Tune 26 June 5 . July 24 July 3 September 25 208 Meetings - All meetings will be held at.12:00 noon October 2 November TBA November 6 Meeting Date Application Deadline February 27 February 6 March 27 March 6 April 24 April 3 May 22 May 1 Tune 26 June 5 . July 24 July 3 August 28 August 7 September 25 September 4 October 23 October 2 November TBA November 6 December TBA December 4 Page 4 of 4 .