►
Description
Madison Redevelopment Commission
September 7, 2021 @ 3:00 pm
Agenda
• Call to Order
• Approval of Minutes from August 3rd, 2021
• Claims Approval
• Old Business:
o Monthly Financial Review
o READI Grant Update
• New Business:
o Downtown Parking Study
• City Matters/Updates-Mayor Courtney
• Next Meeting Date: October 5th, 2021 @ 3:00 pm
• Adjourn
B
B
B
250
000
for
a
pace
transfer
three
thousand
dollars
to
fpvh
for
cotton
mill;
1
554
to
hwc
engineering
for
sidewalk
improvement
plan;
seventy
three
thousand
four
hundred
eighty
seven
dollars
and
seventy
cents
to
see
them
for
cotton
mill,
offsite
improvements
and
then
two
thousand
nine
hundred
thirty
four
dollars
and
eighty
two
cents
to
read
financial
for
professional
services.
If
I
had
a
chance
to
review
those
any
questions
or
concerns
motion
to
approve
synthetic.
B
D
E
So
really
the
only
two
points
I
have
for
you
guys
tonight
are
more
of
a
looking
ahead
kind
of
points.
The
first
one
is
mayor.
Touchdown,
there
is
reporting
requirements
beginning
of
the
year
we
kind
of
touch
on
there's
a
list
of
four
or
five
different
requirements
that
the
rdc
is
obligated
to
complete
throughout
the
year.
E
So
all
in
all,
in
a
good
position
on
those.
The
other
update,
I'd
like
to
give
you
guys
is
the
jefferson
county
is
now
certified
avs
for
2022,
barring
any
adjustments
that
can
be
made.
Unfortunately,
by
tax
bills.
Next
year
we
can
get
a
first
glimpse
of
assessed
values
both
for
the
city
and
specifically
for
the
redevelopment
commission
starting
next
year,
we're
looking
in
the
next
year.
E
E
No
drop,
not
a
big
increase,
so
all
in
all
the
financial
picture
still
looks
solid
for
next
year.
Just
kind
of
building
off
of
that
too.
As
far
as
the
city
goes
great
news
there,
looking
at
about
14.5
million
av
increase
for
next
year,
that's
going
to
come
from
increases
in
one
percent,
two
percent
personal
property.
So
all
in
all
cities,
looking
great
rdc
is
pretty
staggered,
but
yeah.
D
E
E
A
You
know
that,
for
our
we're,
also
working
through
the
budget
process
right
now
with
city
council
and
our
tax
levy
went
up
4.3,
that's
a
that's
a
running
six-year
average,
basically,
so
so,
some
of
the
years
where
we
actually
had
some
decline,
dropped
off
and
now
we're
starting
to
see
more
growth.
We
had
another
four
percent
last
year
too,
so
everything
is
moving
in
the
right
direction
with
regards
to
tax
levy,
even
after
credits
for
the
property
tax
caps
that
he
was
referring
to
a
minute
ago,.
D
A
Yeah-
and
you
mentioned
you
mentioned
too
parker-
things
remained
a
little
static,
but
I
would
just
clarify
that
in
late
2019,
one
of
the
things
that
we
did
was
we
looked
at
all
of
the
property
values
inside
the
tiff's
district,
and
there
were
some
where
we
had
declining
assessed
values
and
so
those
were
removed
out
and
then
put
back
in
at
a
new
place,
so
that
so
that
we
could
start
capturing
the
increase
on
those.
So
we
did
experience
about
a
quarter
million
dollar
increase
in
tip
revenue
districts
this
year
and
in
the
future.
A
B
E
A
F
A
A
A
So
so
we
went
on
to
into
a
process
where
we
had
to
submit
plans
to
the
regional
development
authority
for
our
share
of
some
of
those
radio
grant
funds
which
time
is
expected
to
be
allocated
about
50
million
dollars
per
rv
across
the
state.
Well,
as
it
turns
out,
500
million
dollars
is
still
in
play.
Governor
holcomb
had
extended
the
deadline
from
august
31st
to
september
the
30th
for
groups
to
submit
their
requests.
A
For
during
that
time
frame,
the
number
of
regions
grew
from
10
to
18.,
so
it's
actually
potentially
going
to
reduce
the
amount
of
money.
That's
going
to
be
allocated
out
of
the
500
million
per
region
for
the
southern
indiana
rda
that
we're
a
member
of
for
the
50
million
that
we're
still
applying
for
to
the
state.
There
was
over
200
million
dollars
of
requests
city
of
madison's.
We
did
about
a
year's
worth
of
economic
development
planning
in
a
very
short
period
of
time.
A
A
The
plan
that
the
plans
that
we
submitted
indicated
that
we
could
generate
a
quarter
billion
dollars
of
local
community
economic
impact
in
three
years
through
the
public-private
partnerships
that
we've
established,
whether
it
be
expansion
of
industry,
innovation
and
entrepreneurship,
housing,
quality
of
life,
tourism
and
other
things
that
promote
you
know
the
city
of
madison
and
jefferson
county
as
a
destination
we're
going
through
that
process.
Now
our
two
plans
scored
really
well.
A
A
Partner
projects
which
our
destination
development
was
one
of
about
20
and
then
the
other
category
were
supporters,
and
so
the
last
category,
basically,
which
our
workforce
development
plan
fell
into,
was,
if
there's
additional
monies
allocated
a.
We
still
want
to
encourage
you
to
do
to
pursue
that
economic
development
and
if
their
additional
money
is
allocated,
we'll
start
allocating
them
to
the
projects
that
fall
into
that
third
category.
A
But
we
are
working
with
them
now
to
refine
the
submission
for
the
southern
indiana
rda,
which
will
include
the
rna-led
projects
and
the
the
projects
in
which
that
that
they've
scored
high,
which
includes
our
destination
development
plan
and
inside
that
destination
development
plan.
We
asked
for
about
eight
and
a
half
million
dollars
of
greater
grant
funds
and
that
itself
could
generate
almost
100
million
dollars
of
economic
development
for
destination.
A
We
don't
know
yet,
which
ones
are
going
to
be
allocated
money
through
idvc,
which
is
going
to
be,
which
is
the
state
agency,
indian
economic
development
corporation.
That's
actually
going
to
review
the
entire
state's
submissions
of
ready
grants
and
then
make
the
actual
awards
back
out
to
the
to
the
regions.
So
we're
still
looking
at
this
every
day,
there's
still
a
lot
of
work
to
do
right
now,
we're
in
a
good
cash
flow
position,
because
quite
a
few
of
the
things
we
identify
as
as
projected
investments,
you
know
have
fluid
dates
on
them.
A
We
can
do
them
this
year
or
next
year
and
the
big
ticket
ones.
We
don't
have
to
do
this
year.
We
can
wait
to
the
end
of
the
year
when
the
ready
grants
are
awarded
and
then
pick
that
up-
and
you
know
start
in
first
quarter
with
borrowing
money
to
put
put
sufficient
funds
inside
the
tif
district
to
complete
all
our
high
quality
projects.
So
we're
still
in
a
great
cash
position
and
the
good
news
is,
we
do
have
a
lot
of
public
private
partnerships
going
on
across
the
city.
A
I
think
I
talked
here
at
the
last
meeting
and
I've
talked
it
in
other
forms
too
about
our
population.
Growth
is
headed
in
the
right
direction.
We've
had
tremendous
population
growth,
the
last
two
years,
the
census
information's
been
released,
and
all
of
that
is
building
on
the
momentum
that
we
have.
The
next
three
years
is
just
going
to
be
fantastic
from
housing
and
commercial
and
workforce
and
tourism
development
across
the
community.
D
A
We
received
2.7
million
dollars,
the
city
council's
already
approved
a
local
plant
and
that
money
is
primarily
dedicated
toward
drinking
water,
storm
water,
speeding,
the
recovery
of
tourism
premium
pay
for
essential
employees
and
other
things
that
are
eligible
under
the
treasury
rule
for
that
and
we're
trying
to
partner
with
the
county
county
commissioners
in
our
clean
drinking
water
plans.
So
there's
a
tremendous
amount
of
economic
development
investment
activity
happening
across
the
city
right
now,.
A
A
We've
been
able
to,
for
the
first
time,
create
a
rating
system
for
our
sidewalks,
as
well
as
create
an
inventory
and
an
asset
management
plan
for
our
sidewalks
city-wide
we've
been
able
to
partner
that
data
up
with
our
rating
system
and
street
paving
programs,
because
now
what
we're
able
to
do
is
see
where
are
our
bad,
sidewalks
and
streets
so
because
of
the
way
state
grant
funding
works.
We
have
the
opportunity
now
to
use
some
state
rank
funding
to
repair
sidewalks
if
we're
doing
it.
A
At
the
same
time,
we
are
repairing
streets,
so
asset
management
is
an
important
thing
that
we're
moving
into
because
it
just
allows
us
to
be.
You
know
more
sophisticated
and
data
driven
and
intellectual
with
regard
to
how
we
spend
finite
resources,
but
an
area
that
we
wanted
to
continue
to
invest
in
in
creating
a
data
set
is
downtown
parking.
A
A
So
what
you
have
in
front
of
you
is
a
downtown
parking
study
with
an
outline
of
the
scope
of
work,
how
they
propose
to
collect
the
data
and
come
up
with
recommendations
and
they'll
come
back
to
come
back
to
redevelopment
commission
with
their
recommendations.
But
I'd
ask
the
board
to
consider
approving
the
scope
of
work
with
hwc
not
to
exceed
49
900.
A
They
did
our
sidewalk
survey,
which
we
budgeted
for
about
50
000
and
I
believe
we
landed.
You
know
around
35
000
is
where
that
work
came
into
play
at
so
we've
got
some
money
remaining
in
the
sidewalk
survey
budget
that
can
contribute
to
this
too,
but
I'll
pause
there
and
answer
any
questions
that
you
guys
might
have
about
what.
A
A
Yeah
we,
as
far
as
we
want
to
go,
we
went
through
and
because
the
data
collection
is
going
to
be
really
time
consuming
and
expensive,
because
it's
all
going
to
be
done
with
drone
technology
and
it's
going
to
be
an
hour
by
hour
analysis
of
a
pretty
broad
area
because
we're
trying
to
capture
walnut
street
because
of
the
traffic
with
the
jail
and
courthouse
all
the
way
down
to
broadway
street
and
this
district,
that's
starting
to
form
which
is
really
our
cultural
arts,
arts,
district
and
central
business
district.
So
you
know
what
we
see.
A
Is
regular,
you
know
traffic
coming
in
and
out
of
town
parking
for
the
businesses
that
that
are
down
here,
residents
who
live
downtown
and
then
and
then
the
weekend
is
a
completely
different
animal,
which
is
more
about
arts
and
entertainment,
and
we
don't
know
exactly
how
we
can
manage
it
right.
We're
not
managing
very
well
right
now.
A
I
can
tell
you
that,
but
we
felt
like
that
perimeter
that
we
drew
was
a
natural
area
to
start
and
then,
if
we
get
data
collected
from
that
and
we
want
to
expand
it
out,
we
can
but
it's
just
going
to
be
really
time
consuming
and
expensive
to
look
at
these
trends
hour
by
hour.
Trends
in
that
broad
of
a
district
actually
with
the
different
types
of
people
who
are
traveling
in
and
out
of
downtown.
So.
C
A
A
And
they've
done,
we
put
inside
this
package
joe
an
example
of
what
they
did
in
angola
that
really
helped
them
refine
what
they
have
and
what
they
should
be
doing
about
it,
where
the
parking,
the
greatest
parking
demand
is
when
the
peak
demands
are,
and
you
know,
I
think,
there's
a
lot
to
be
gained
from
this
type
of
analysis,
from
a
policy
perspe
and
investment
perspective,
and
that's
where
we
want
to
start
with
from
the
data.
First.
A
We
haven't
updated
it
yet
we'll
put
it
in
on
the
next
one,
but
we
did
have
about
15
000
left
over
from
the
sidewalk
survey.
I
feel
very
comfortable
that,
as
I
mentioned
earlier,
dan
that
that
a
lot
of
these
projects
we
have
in
here
are
fluid.
They
can
be
moved
around
so
that
we
don't
have
any
liquidity
issues
inside
the
tip
district.
B
D
B
F
Move
to
that
just
one
last
question:
I'm
just
looking
at
page
seven
of
the
financial
report
and
there
are
multiple
projects
in
here
that
we
could
potentially
piggyback
this
off
of
I
mean
like,
for
example,
riverfront
overlooked
parking
right
I
mean
we
could
embed
it
inside
of
those
as
part
of
a
study,
to
determine
what
we
need
to
do.
I
mean:
would
that
be
a
fair
place
to
stick
it.
A
Dr
stewbaker
a
completion
of
plants
that
were
done
around
2009
with
bicentennial
park,
where
we
didn't
finish
some
things
that
was
in
those
original
plans
like
the
overlooked
parking
and
the
amphitheater
down
there.
So
we've
got
some
plans
in
this
part
of
our
destination
development.
To
finish
what
was
originally
conceived
back
in
2009
modernize
it,
but
the
overlooked
parking.
There
is
a
true
change
to
that
parking
venue
and
area:
that's
just
west
of
bicentennial.
A
So
it's
it's
outside
of
the
scope
of
this,
because
this
is
more
about
the
cultural
arts,
district
and
central
business
district.
Parking
study
that
we
need,
but
you
know
another
point
to
make
here
is
again
is
how
fluid
some
of
these
things
are
and
relative
to
that
comment,
the
dollar
amounts
are
all
all
still
moving
targets
and,
as
we
change
the
scope
of
work,
it
affects
the
dollar.
Some
things
are
going
to
drop
off.
Some
things
are
going
to
get
added,
all
of
them
kind
of
fall
into
that
category.
A
If
we,
if
we
try
to
do
everything
that
was
in
that
redevelopment
plan
from
2017
or
so
you
know,
we'd
need
100
million
dollars
roughly,
but
we
do
things
these
things
over
time.
We
do
the
ones
that
are
that
are
high
priority
and
ones
where
we
can
really
create
more
leverage
and
impact
with
other
investment
dollars.
F
A
D
A
A
You
know
we'll
we'll
ask
you
for
part
of
the
money
and
we'll
put
the
other
part
of
money
in
the
budget,
but
it
is
attainable
to
do
a
million
dollars
worth
of
sidewalks,
although
it
would
be
unprecedented,
it
is
definitely
attainable
to
do
a
million
dollars
with
solidarity
over
the
next
two
years.
If
we
manage
the
dot,
if
we
manage
these
resources
right
and
what
we're
talking
about
all
of
the
economic
development
that's
going
on
across
the
city,
there's
really
hardly
anything,
that's
more
important
than
sidewalks,
because
it
is
it's
about
pedestrians.