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HomeMy Public PortalAbout1/21/1992 specialGREENCASTLE COMMON COUNCIL ® Special Session January 21, 1992 The Greencastle Common Council met special session on Tuesday, January 21, 1992 at 4:30 p.m. in city hall. On call of the roll the following members were shown to be present: Councilor Tom Roach, Councilor Jerry Calbert, Councilor Sue Murray, Councilor Charles Miles, Councilor Mike Rokicki. Also present was city attorney Larry Wilson, superintendentof the Greencastle School Corporation Gary Druckemiller, Loren M. Rooney and John Sccvcr of H.J. Umbaugh & Associates, Karen Little Arland and Thomas K. Downs of Ice Miller Donadio & Ryan, Dick Andis of Greencastle Development Center. Ordinance 1992 -3, An Ordinance to Establish a Department of Redevelopment Pursuant to IC 36 -7 -14 and Repealing All Ordinances Inconsistent Therewith, was presented to Council for second reading. C El Concerning the impact on school corporations, Mrs. Arland and Mr. Downs gave a detailed explanation of the TIF procedure. Mr. Druckemiller noted that the Greencastle School Corporation capital project rate is not presently at the maximum, thereby reducing negative impact of a TIF. Councilor Rokicki asked about the impact on property tax replacement credit. It was noted that the taxing unit may choose to provide property tax replacement through the TIF, since it is not provided by the state within the TIP district. Councilor Roach expressed a concern about creating another area of government. Councilor Murray indicated that TIF is available as an economic development tool to continue the of forts to increase the tax base and keep the overall tax rate down. Mr. Andis continued with information on the use of TIF as an economic development tool. Further discussion occurred concerning the dif Terence between a Redevelopment Commission and a Redevelopment Authority, checks and balances, Council's input in the issuance of bonds and Council's authority over the .10 rate allowable for expenses of the Redevelopment Commission. It was noted that after passage of the establishing ordinance appointments will have to be made to the Redevelopment Commission, then the Redevelopment Commission would have to meet within thirty days. Councilor Calbert asked of the likelihood of funding the Foxridge sewer project with TIF. Mayor Harmless indicated that it was not likely and discussed other funding sources. Councilor Calbert asked that language be added to Ordinance 1992 -3 indicating that any and all issuance of Redevelopment District Bonds have to come before Council. Ordinance 1.992 -3, An Ordinance to Establish a Department of Redevelopment Pursuant to IC 36 -7 -14 and Repealing All Ordinances Inconsistent Therewith, was read again as amended. Councilor Murray moved to approve Ordinance 1992 -3 as amended. This motion was seconded by Councilor Miles and was carried by an aye unanimous vote. Mayor Harmless declared Ordinance 1992 -3 as amended to have been passed and adopted this date. With no further business, Councilor Murray moved for adjou nment. This motion was seconded by Councilor Calbert, was carried an Ze unan' ous vote, and the meeting was adjourned at 6:15 p.m. git AT chael M. Harmless, Mayor E T: h Berry,'IAMC, e k- Treasurer