HomeMy Public PortalAbout2009-2 Downtown Economic Development AreaRESOLUTION 2009 -2
A RESOLUTION OF THE GREENCASTLE REDEVELOPMENT COMMISSION TO
AMEND THE ECONOMIC DEVELOPMENT PLAN FOR THE DOWNTOWN
ECONOMIC DEVELOPMENT AREA
WHEREAS, in 2002 the Greencastle Redevelopment Commission ( "Commission ") passed
an Economic Development Plan ( "Plan") for the Southeast Economic Development Area ( "Area ")
by adoption of Resolutions 2002 -1 and 2002 -2; and,
WHEREAS, said Plan was amended by the Commission in 2004 by adoption of Resolution
2004 -4; and,
WHEREAS, the Commission enlarged the Downtown Economic Development Area on June
18, 2008 by passage of Resolution 2008 -1 and 2008 -2; and,
WHEREAS, said Plan was amended by the Commission in 2008 by adoption of ResolutionS
2008 -1 and 2008 -2; and,
WHEREAS, the Commission has completed the following projects as outlined in the revised
plans of 2002, 2004, and 2008:
Preparation of a market analysis and business recruitment plan $10,000
for the Courthouse Square Business District. (Completed in 2005)
2. Purchase and installation of new energy efficient street lights. $105,000
(Completed in 2009)
Purchase and installation of new benches and trash cans. $23,000
(Partially completed in 2008 and 2009)
4. Completion of streetscape improvements. $15,000
(Partially completed in 2008 and 2009)
WHEREAS, the following economic development projects remain a part of the Plan for the
Area.
1. Site acquisition and construction of the city parking lot at the $300,000
intersection of Indiana and Columbia Streets (Dick Brown Lot)
including storm drainage, street, and sidewalk improvements.
Commission to reimburse City of Greencastle EDIT funds.
2. Construction of the city parking lot on the former site of the old $100,000
City Hall. Commission to reimburse City of Greencastle EDIT
funds.
Street Lights, Streetscaping and Other Improvements. $150,000
(Including but not limited to replacement of light fixtures,
benches, trash cans, repair of sidewalk pavers, curbs, gutters and
roadway, and other infrastructure improvements)
4. Development of a New Parking Lot. $250,000
(Location yet to be determined, including possible purchase of
property, demolition of any existing structures and construction
of parking lot, curbs, gutters, and drainage)
Storm Sewer, Sanitary Sewer and Water Utility Repairs $TBD
and Improvements.
Administration and Legal for All Projects $20,000
Contingency for All Phases
$70,000
WHEREAS, the City of Greencastle is considering an additional economic development
project in the Area which is described as follows with estimated costs. This proposed project is in
addition to the projects previously adopted by the Commission in Resolutions 2002 -1, 2004 -4, and
2008 -1:
Development of a business incubator to stimulate small $TBD
business growth in the downtown area.
WHEREAS, the cost estimates listed above are preliminary in nature and will be revised as
additional engineering information becomes available and further revised upon the receipt of actual
bids for the proposed work; and,
WHEREAS, the Commission has sufficient funds for several of the projects, and;
WHEREAS, the Commission expects to enter into partnerships with downtown property
owners, the Putnam County Commissioners, other city departments, city utilities, and other local,
county, state and federal agencies to complete these projects; and,
WHEREAS, the City of Greencastle, the Redevelopment Commission, and any project
partners intend to pursue any available private, state, or federal grants to assist in the financing of
the projects listed above; and,
WHEREAS, IC 36 -7 -14 -17.5 provides for the procedure by which a redevelopment
commission may amend a plan; and,
WHEREAS, on August 15, 2009, the Commission published notice of the substance of the
proposed amendment to the Declaratory Resolution and Plan in accordance with IC 36 -7 -14 -17.5
and IC 5 -3 -1 in the Greencastle BannerGraphic which notice gave notice of a hearing on the
proposed amendment to be held by the Commission; and,
WHEREAS, the Commission on August 26, 2009, conducted a public hearing at which the
Commission heard all persons interested in the proceedings and considered all written remonstrances
and objections that were filed;
NOW THEREFORE BE IT RESOLVED BY THE COMMISSION THAT:
The Economic Development Plan for the Downtown Economic Development Area shall be
amended to include the project listed above.
2. The Greencastle Redevelopment Commission may provide financial support for any of the
listed projects in support of investment and job creation subject to the availability of funds
to implement the projects.
3. The Commission finds that this amendment is reasonable and appropriate when considered
in relation to the original Plan for the area and the purposes of IC 36 -7 -14.
4. The amended plan conforms to the comprehensive plan for the City, in particular Goal 2 -
Quality of Life, Goal 4 - Managed Growth, and Goal 5 - Managed Infrastructure and various
objectives under each goal.
5. The amendment of the Plan helps to provide necessary infrastructure and help to create an
environment to attract and retain jobs and investment as outlined in IC 36- 7- 14 -41.
6. The amendment of the Plan does not enlarge the boundaries of the Area.
7. This resolution shall be effective as of its date of adoption.
Adopted at a meeting of the Greencastle Redevelopment Commission held on August 26,
2009, at the Greencastle City Hall in the City of Greencastle, Indiana.
GREENCASTLE REDEVELOPMENT
COMMISSION
Drew Brattain, Secretary
ATTEST:
Drew Brattain, Secretary
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Serving the Greater Putnam County Area
August 31, 2009
TRANSMITTAL
TO: Sue Murray, Mayor
Teresa Glenn, Clerk- Treasurer
Gwen Morris, Chair, Redevelopment Commission
Laurie Hardwick, City Attorney
Shannon Norman, City Planner
FROM: Bill Dory
RE: Eastside and Downtown Economic Development Area Plan Resolutions
Please find attached copies of the resolutions passed at last week's Redevelopment
Commission meeting. Teresa Glenn has been provided two original copies for the city's
master files.
If anyone has any questions, please feel free to call.
2 South Jackson Street -1' O. 1iox 572 ^ Greencastle, IN= 6135 -0572
705.6512 474 / Fax 765.65ti.0385
wxNwgrecneastic.com/ cdc ^ F -mail economic dcvclohmcnt(a %gtccncastic.com