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A
B
C
A
motion
to
approve
I'll
make
a
motion
to
approve
the
minutes
as
written
in
the
packet
from
October
11
2022.
D
E
B
Jacobia,
tombs
various
different
projects:
Wilson
Avenue
RDC,
on-call
Frank's,
Drive,
intersection,
35,
000.,
417
dollars
and
sixty
cents,
Gardner
insurance,
sewer
project,
one
thousand
two
hundred
fifty
dollars:
3D
Financial,
nine
Thousand
Eleven
dollars;
seventy
five
cents
and
Vector
Engineers
eleven
thousand
two
hundred
dollars.
So
everybody
had
a
chance
to
review
those.
Yes,
yes,
any
questions
or
comments.
B
F
F
A
B
A
Yeah
we
have
Gary
Smith
on
the
call
today
from
Reedy
and
Vicki
here
today
from
Reedy
to
make
some
presentations
Juan's
our
annual
Redevelopment
commission
impact
update
and
then
to
talk
about
our
monthly
financials,
so
Gary
or
you.
You
want
to
start
or
Vicky.
E
I
think
was
roughly
11
pages
long
from
the
financial
plan
itself,
similar
10
pages
long,
so
we've
Consolidated
a
lot
of
the
information
you
typically
see,
particularly
with
the
capital
plan,
and
really
kind
of
summarizes
that
in
2023
and
2024,
which
is
in
your
packet,
but
we'll
go
through
the
plan
again
down
to
five
pages:
we've
Consolidated
a
lot
of
information,
really
the
the
one
thing
that
I
would
want
to
discuss.
E
This
is
one
notable
addition
that
we
made
to
the
plan,
which
was
a
monthly
cash
balance
projection
because
I
don't
think
it's
any
secret.
I
mean
you
guys
are
you
guys
are
familiar
with
your
Revenue
structure.
You
receive
your
main
source
of
Revenue
allocation
settlements
twice
a
year.
What's
in
June,
once
in
December,
and
just
because
we're
you
know,
we've
got
a
million
two
three
million
dollar
cash
balance
in
that
fund.
E
Does
not
necessarily
mean
that
we
have
that
cash
balance
all
year,
so
when
you
guys
were
approving
claims
on
a
monthly
basis.
It's
important
to
know
you
know.
What's
the
cash
situation
look
like
today
as
opposed
to
what
does
it
look
like
at
the
end
of
each
year
or
at
the
beginning
of
each
year?
E
So
just
a
little
bit
more
information
for
you,
guys
to
look
at
a
lot
of
our
clients
really
find
this
month
over
month,
snapshot
on
page
four
to
be
helpful,
going
down
to
2023
on
page
four
again,
we've
updated
this
plan
extensively
for
a
you
know,
two
or
two
plus
hour
conversation
with
Tony
and
mayor
all
those
things
to
say
you
know
in
2023,
you'll
see
ending
the
the
ending
the
year
with
422
000,
actually
projecting
it
to
go
a
little
bit
negative
in
November
before
that,
otherwise,
cash
balance
is
every
single
month.
E
We
see
that
we
acknowledge
it
we're
actively
working
on
solution
that
we
kind
of
went
through
and
looked
at
everything
that
we
thought
might
be
coming
out
in
2022,
2023
2024.
E
What
kind
of
revenues
we're
looking
at
was
that
this
was
2023
projections
for
revenues,
but
you
know:
where
does
that
difference
come
from
what
kind
of
projects
are
we
committed
to
or
what
products
we
would
we
like
to
pursue
and
what,
if
that
look
like
with
cash?
E
So
this
is
a
reflection
of
all
those
conversations
again,
I
think
there's
going
to
be
potentially
an
issuance
of
Redevelopment
commission
borrowing
to
fund
some
of
this
Capital
and
I'll
show
you
that
here
in
just
a
minute,
but
this
is
just
kind
of
what
it
looks
like
right
now.
This
is
a
working
document,
but
I
think
you
know
we'll
fix
that
here
in
just
a
second
on
page
five,
this
is
the
snapshot
at
50
000
feet.
E
You
know,
if
you
know
the
prior
page
is
kind
of
a
zoomed
in
look
at
one
year.
Page
five
is
that
that
really
zoomed
out
looking
at
all
your
historical
years,
your
current
year
projections,
and
then
you
know
two
years
in
the
future
as
well.
So
like
we
mentioned
before,
we
found
this
in
with
tip
Revenue
collections.
If
you
look
at
2022
projections
for
revenues,
we're
just
at
about
1.6
million
on
the
tip
Revenue
collection
piece,
1.7
million,
we
did
experience
some
growth
by
way
of
your
tip.
E
Neutralization
certified
net
assess
value
going
into
2023.
For
that
reason,
we're
projecting
about
1
million
860
000
as
our
Tiff
Revenue
collection
for
2023..
Now,
that's
based
on
the
certified
manifest
values.
Today,
those
can
change
by
the
time
we
get
from.
You
know
now
into
actually
tax
bills
going
out.
So
some
things
can
change,
but
I
think
that's
a
decent
estimate
for
where
we
are
right
now
again,
not
married
for
that
number.
But
that's
where
we
are
today
and
then
going
down
to
the
expenditure
side.
E
E
We've
got
all
of
our
individual
projects,
Crystal
Beach,
all
those
sorts
of
things
and
down
to
the
bottom.
We
have
total
expenditures,
so
I'll
highlight
at
the
end
of
2022,
we'll
project
to
have
about
three
million
dollars
in
cash,
moving
forward
to
2024
we're
looking
at
about
one
point:
I'm.
Sorry,
that's
that's
right
now,
moving
forward
to
2023
we're
about
422
000,
so
you
can
see
about
a
2.6
million,
spend
down
plan,
spend
down
of
Capital
Capital
spending
and
then
in
2024
that
total
cash
balance
is
about
2.4
million.
E
So
that
sounds
great,
but
where's
that
cash
flow
coming
from
I'll.
Take
you
back
to
the
very
top
on
2024.
we
do
have
a
three
million
dollar
Bond
proseed
number
that
we're
kind
of
assuming
won't
be
issued,
maybe
sometimes
2023,
sometimes
2024
when
this
actually
happens.
This
won't
really
look
like
this,
because
the
the
bond
proceeds
won't
go
into
this
fund.
They
would
actually
go
into
a
separate
fund
and
our
I
think
our
Collective
goal
would
be.
You
know
any
of
the
projects
that
were
funding
in
2023
within
a
certain
amount
of
time.
E
We
would
be
pursuing
a
reimbursement
from
those
Bond
proceeds
to
the
214
fund.
This
fund
that
we're
looking
at
so
again
I
think
you
know
we
saw
that
that
month
over
month,
cash
balance
negative
in
2023
we're
talking
about
potentially
the
bond
issuance
of
2024
to
fund
some
of
these
Capital
items.
So
this
is
just
like
I
said
this
is
a
snapshot
of
where
it
is
today.
E
It's
not
really
going
to
look
like
this,
but
we
wanted
to
get
pen
to
paper
on
all
the
projects
we
had
pen
to
paper
on
Revenue
projections
and
then
kind
of
see
what
that
difference
was
for
Bond
funding
and
then
we'll
really
kind
of
start
dialing
it
in
from
there.
So
that's
all
I
have
on
the
financial
update
lots
of
updates
lots
of
changes,
but
I
do
think.
This
is
a
much
more
accurate
picture
of
where
we
currently
are
just
just
moving
forward.
A
Oh
thanks,
Gary,
I
I
would
just
add
too
that,
as
as
we
talked
earlier
in
the
year
in
q1
and
Q2
as
we
started
to
make
these
investments
in
some
of
these
capital
projects
that
we'd
want
to
start
to
really
understand
the
impact
on
cash.
We
knew
that
there
would
be
more
outflow
than
potentially
inflow
here
as
those
projects
start
to
roll
in
that's
part
of
the
reason
why
we've
had
Reedy
get
into
the
cash
flow
analysis.
A
The
commission
hasn't
had
that
in
the
past
We've,
because
we
haven't
had
as
many
projects
ongoing
as
we
currently
do,
as
we've
all
talked
about
the
necessary
investment
and
leveraging
of
those
Tiff
dollars.
A
Because
again
we
understand
the
state
is
looking
for
another
round
of
ready
which
back
in
the
in
the
beginning
of
the
year
when
we
talked
about
that
series,
B
Bond
we
weren't
expecting
so
we
we've
been
working
through
some
project
lists
for
ready,
2.0
and,
as
a
part
of
that,
would
look
to
leverage
the
North
Madison
allocation
area
dollars
in
2024
for
those
ready
funds,
and
we
still
have
about
another
year
where
we
can
do
that.
Those
would
be
10-year
bonds
which
would
align
with
2035
is
the
expiration
of
that
allocation
area.
A
D
I
just
want
to
add
that
we've
been
speaking
a
couple
of
years
now
about
the
importance
of
capital
planning.
Many
of
the
projects
we
work
on
are
discretionary.
So
as
we
work
through
the
year,
and
even
though
we
have
a
750
000,
targeted
liquidity
Reserve
that
we
would
fall
under
that
dollar
amount.
Many
of
the
projects
that
we
work
on
through
the
year
are
kind
of
a
flu
they're
always
fluid
because
one
of
the
things
we've
emphasized
and
today
we're
going
to
be
really
highlighting.
D
Before
Time
runs
out
and
it
expires,
because
we
have
a
lot
of
capital
intensive
projects
across
the
community
that
we
want
to
do
in
partnership
with
others,
we're
going
to
need
and
buy
2024
to
leverage
up
the
North
Madison
allocation
area
to
help
us
finance
and
fund
some
of
these
projects
across,
and
it's
a
it's.
A
an
array
of
infrastructure,
Park
improvements,
housing
shopping,
quality
of
life,
Investments
that
you're
already
seeing
through
you
know,
grants
and
and
the
the
commission
dollars
is
already
making
a
pretty
big
impact
across
community.
D
So
a
lot
of
what
we
do
and
talk
about
internally
here
as
it
relates
to
the
TIF
district,
is
the
capital
planning,
because
it
can
be
so
impactful
across
the
community
and
you're
going
to
get
a
I.
Think
a
great
example
of
how
impactful
public-private
Partnerships
are
with
the
city
that
that's
making
a
difference
all
across
the
community
mayor.
A
I
might
also
remind
the
commission,
too
that
in
these
projections,
we're
very
conservative
on
assessed
valuation,
and
we
know
that
investment
brings
additional
assessed
valuation
and
so
in
2025
through
2035.
That
assessment
will
continue
to
rise,
even
though
we've
maintained
that,
as
an
even
number
at
present
day,
values
when
we're
planning
so
again
there
is
will
be,
will
be
successful.
If
we're
successful
in
leveraging
these
investment
dollars,
we
should
be
successful
in
seeing
the
growth
of
Av
in
those
subscriptions.
D
There's
literally
tens
of
millions
of
dollars
of
construction
going
on
across
the
community.
Now
that's
not
even
factored
into
our
numbers,
because
those
assessed
values
really
won't
start
happening
until
2025.,
but
we're
always.
We
always
have
an
eye
on
the
horizon.
With
regards
to
the
planning
aspect
of
it,.
A
Gary
Vicki
or
you
want
to
present
the
the
impact.
H
E
I
think
it's
that
with
that
too
Tony
and
do
they
can
fill
in
any
gaps
that
I
might
miss
or
calculate.
G
E
So
did
everyone
have
the
PowerPoint
labeled
the
tip
impact
update
in
front
of
them.
E
Okay,
just
and
again
Vicky
jump
in
as
well
with
any
comments,
but
this
is
kind
of
a
an
informal
deadline.
This
impact
came
out
a
couple
of
years
ago.
Some
of
you
may
be
familiar
with
this.
E
Recent
legislation
dictates
that,
on
an
annual
basis
that
we
will
be
required
to
present
the
impacts
that
the
Madison
Redevelopment
commission
has
and
all
the
overlapping
units
were
to
include
financial
data
budgets,
long-term
plans
and
just
an
overall
discussion.
So
we
invite
all
the
overlapping
units
to
come
and-
and
you
know,
hear
us
and
and
present
what
this
you
know
quote:
unquote
hypothetical
impact
Financial
impacts
that
the
Redevelopment
Commission
of
Madison
has
on
the
overlapping
texting
units.
You
know
City
County,
School,
Township,
Special,
Districts
Etc.
E
So
that's
what
this
is
on
an
annual
basis
again,
there's
no
due
date,
it's
just
annually.
So
this
is
our
this
is
this
is
when
we're
doing
it
for
for
Madison
on
page
three,
this
just
kind
of
summarizes
the
allocation
areas.
It's
part
of
the
requirement,
so
North
Madison
allocation
area
is
generating
all
the
dollars,
nothing
overly
insightful
or
nothing.
You
don't
already
know
there.
So
that's
pretty
straightforward.
E
We
do
include
a
little
bit
of
Education
too
during
this
meeting,
just
because
it's
a
good,
it's
a
good
chance
to
do
that.
So
it's
it's
page,
four
of
the
PDF.
It's
you
know
kind
of
a
how
stiff
Works.
You
know
illustration.
So
how
it
works.
Is
you
know
down
there
on
the
far
right?
You
see
this
little
illustration
with.
You
know,
base
assessment
value
picture
that
being
all
the
assessment
within
the
parcels
that
make
up
the
North
Madison
allocation
area.
E
They
have
an
assessment
back
in
1994,
they
had
an
assessment
and
that
assessment
is
still
part
of
the
tax
base
for
all
the
overlapping
texting
units,
and
if
that
base
assessment
grew
because
you
know
just
the
price
of
the
2x4
was
going
up
or
just
because
property
values
in
general
were
going
up.
All
of
those
taxing
units
continue
to
receive
that
assessment
as
part
of
their
tax
base,
where
Madison
Redevelopment
commission
comes
into
play
would
be
any
sort
of
increase
in
assessments.
E
So
an
example
would
be
you
know
we
had
to:
let's
assume
we
had
a
hundred
thousand
dollar
commercial
building
assessed
in
1994
and
that
building
is
currently
worth
two
hundred
thousand
dollars
today,
because
you
know
things
are
just
worth
more
now
than
they
were
in
1994..
E
All
the
overlapping
taxing
units
would
be
receiving
the
full
two
hundred
thousand
dollars
of
of
assessment
on
that
property.
The
Redevelopment
commission
would
not
be
capturing
any
of
those
dollars.
Let's
say
hypothetically
to
that
same
building.
That
was
a
hundred
thousand
dollars
in
1994
and
is
worth
two
hundred
thousand
dollars
today
does
a
you
know
they
they
add
on
that
building,
and
now
it's
worth
three
hundred
thousand
the
Redevelopment
commission
would
capture
that
new
construction
elements
in
the
amount
of
a
hundred
thousand
dollars
as
increments.
E
So
on
that
illustration,
you'll
see
that
little
that
little
triangle
there
incremental
AV
goes
to
the
Redevelopment
commission
for
redevelopment
purposes.
That's
where
that
increase
is
coming
from.
It's
coming
from
new
construction
only
is
coming
from
abatement.
Those
are
generally
the
two
items
that
it
comes
from
more
so
than
anything
and
again.
Consequently,
if
it
was
a
200
000
building
and
they
tore
it
down
completely
and
now
it's
worth
nothing
that
would
take
away
two
hundred
thousand
dollars
of
assessment
from
the
Redevelopment
commission.
E
So
that's
just
generally
kind
of
how
assessment
and
tip
works
again,
just
because
something's
in
an
allocation
area
doesn't
mean
we're
capturing
all
of
it.
It
just
means
that
we
have
the
ability
to
capture
the
portions
that
are
new
construction
or
you
know
Redevelopment
reasons
and
then
at
the
end
of
the
25
years
you
know
cruising
along
you'll
see
the
tip
eventually
will
expire
and
what
happens
is
all
of
that
base
assessment
and
all
of
that
incremental
assessment.
It
now
becomes
one
of
the
same.
E
That
is
now
the
assess
the
value
for
all
the
taxing
units
in
the
area.
So
that's
how
tip
works
from
an
assessment
perspective
we'll
touch
on
this
just
a
little
bit
more
here
in
a
moment,
there's
there's,
there's
a
rape
discussion
to
be
had
and
there's
also
an
assessment
discussion
that
we
have
that's
the
assessment
piece
going
forward
to
page
five
financial
position.
This
is
just
the
Again
part
of
the
requirements.
E
So
again,
that's
nothing
overly
insightful
here.
Just
beginning
year,
balance
revenues,
expenditures
and
the
the
year
ending
fund
balance
there
again
this
required
to
be
disclosed
as
part
of
the
process
current
and
future
plans.
You'll
see
you
know
again,
you
guys
are
familiar
with
these
current
ongoing
projects.
All
that's
part
of
your
monthly
plan.
You
guys
do
future
plans
all
that's
part
of
the
all.
That's
part
of
the
plan
that
you
see
monthly,
so
nothing
you've
not
seen
there
either
so
page.
E
Seven,
the
Tiff
impact
question
in
order
to
help
quantify
a
fits
impact
to
the
overlapping
units.
We
must
ask
some
questions
and
the
reason
we
say
this
is
you
know,
tip
impact.
Is
you
know
we
calculate
a
number
to
say:
hey
the
Madison.
Redevelopment
commission
impacts
you
in
these
ways,
but
that's
really
kind
of
a
not
a
true
statement,
because,
as
we
all
know,
a
lot
of
the
development
in
Madison
would
not
have
occurred
if
it
weren't
for
the
Redevelopment
commission
incentivizing
that
development.
E
So
that's
what
we
like
to
call
the
you
know
the,
but
four
tests,
if
it
weren't
for
the
Redevelopment
commission
and
the
dollars
you
were
generating,
you
wouldn't
have
generated
all
that
value
anyways.
So
there.
If
you
accept
that
premise,
the
the
answer
on
the
impact
is
always
zero
like
right.
If
we
were
to
go
back
in
a
time
machine
and
eliminate
the
Redevelopment
commission
entirely,
would
the
city
of
Madison
still
be
in
the
same
position
that
it
is
today
and
the
argument
to
be
made
is
no
that
it
would
not.
E
So
therefore
there
is
no
impact,
so
it's
one
of
the
things
that
we
want
to
ask
ourselves.
You
know,
take
the
impacts,
we're
showing
you
with
a
grain
of
salt.
That's
a
dollar
projection!
Assuming
hey!
We,
we
incentivized
all
this
increase
in
development
because
of
this
amazing
Tool.
But
let's
pretend
like
it
never
existed,
have
been
quantifying
impacts
to
the
overlapping
units.
It's
essentially
what
it's
asking
us
to
do,
which
isn't
a
fair
way
of
looking
at
it,
but
that's
what
we're
being
asked
to
do.
E
So,
that's
what
the
questions
are.
You
know
the
city
never
utilized
Tiff
and
is
all
the
current
development
incentivized
made
possible
with
the
assistance
of
Tiff
hypothetically?
Would
it
have?
Third?
So
again,
the
point
of
that
slide
is
just
to
say.
You
know,
take
these
impacts
with
a
grain
of
salt,
because
this
is
just
a.
This
is
just
a
projection
based
on
what
other
units
would
collect
if
we
just
eliminated
the
tip
altogether
and
that's
what
page
eight
does
so
on
page
eight
there's
a
tip
impact
charts
so
you'll
see
in
the
overlapping
units.
E
We've
got
Madison
civil
City,
Madison,
Consolidated,
Schools,
Jefferson,
County,
Jefferson,
County,
Library,
Madison,
Township
and
Southeast
Eastern
Indiana
solid
waste,
so
all
of
those
units
potentially
could
be
impacted
because
we're
capturing
assessed
value
within
the
Madison
Redevelopment
commission.
E
So
when
we,
when
we
quantify
this,
you
know
I'll
say
the
common
misconception
is
you
know,
Madison
collects
you
know
we
collected
one
one
million
690
000
in
2022..
That's
what
that's!
What
we
collected
most
people
think
well.
If
the
tip
didn't
exist,
then
you
know
the
city,
the
school.
The
county
Etc
would
all
receive
some
proration
of
that
1.6
million
1.7
million
and
and
that's
simply
not
how
it
works.
E
You
know
if,
if
Madison,
you
know,
if
Madison
Redevelopment
commission
went
away
today
and
all
that
assess
the
value
was
released
into
the
base,
other
units
would
collect
more
dollars,
but
they
wouldn't
collect
it
on
a
dollar
per
dollar
basis.
So
what
we
project
is
that
you
know
Redevelopment,
commission,
Madison,
you're
collecting
roughly
1.7.
E
If
you
did
not
exist,
all
the
other
overlapping
units
would
collect
roughly
900
000
in
additional
revenue
and
the
only
reason
that
they
would
collect
additional
Revenue
is
because
of
circuit
breaker
and
they
get
kind
of
that
gets
kind
of
complicated,
but
essentially
in
a
community
where
you
have
high
high
tax
caps
like
in
Madison.
It
means
that
mostly
everyone,
that's
a
tax
cap.
E
So
if
I'm
at
one
percent
residential
homeowner
with
a
hundred
thousand
dollar
excessive
property,
for
instance
in
my
tax
bill
of
two
thousand
dollars,
I
wouldn't
pay
a
thousand
of
that,
because
I'm
capped
at
one
percent.
E
So
that
loss
is
the
piece
that
we're
talking
about
like
where's.
It
go
how's.
It
allocated
all
sorts
of
things
and
again
that
gets
really
complicated,
but
it's
all
things
being
equal.
If
all
the
assessment
that
you're
currently
capturing
gets
released
all
the
overlapping
texting
units,
the
impact
that
it
has
is
a
slight
reduction
in
tax
rate
is
what
actually
happens
so
the
tax
rates
get
reduced
and
none
of
the
taxpayers
will
see
a
reduction
in
the
tax
bill,
but
all
the
overlapping
units
will
experience
a
reduction
in
their
circuit.
Breaker.
E
Tax
credit
is
what
it
means,
and-
and
that
means
a
lot,
but
basically
the
impact
lies
in
that
circuit,
breaker
piece,
so
again
we're
collecting
1.7
million.
If
we
release
all
of
that
to
the
units,
tax
rates
would
fall
marginally,
no
taxpayers
would
have
noticed
an
decrease
in
their
tax
bill
and
all
the
overlapping
units
would
experience
a
circuit,
breaker
loss
reduction
that
we
project
conservatively
in
the
realm
of
900
000..
E
So
all
that's
being
said,
you
know
we
have
this.
This
stiff
margin
concept,
we've
coined.
Basically,
what
it
means
is,
you
know
we're
collecting
almost
eight
hundred
thousand
dollars
more
in
Revenue
than
we
otherwise
would
not
have
collected
if
it
weren't
from
the
Madison
Redevelopment
commission.
E
So
we
call
that
a
fifth
margin
we're
collecting
dollars
that
we
would
otherwise
not
would
otherwise
not
be
available.
Due
to
this
concept-
and
you
know
again
just
just
wanted
to
reiterate
these
numbers
are
all
hypothetical
based
on
you
know
the
the
questions
we
answered
earlier.
You
know,
would
all
this
value
be
here.
Otherwise,
if
we
didn't
incentivize
it-
and
you
know-
that's
a
that's-
a
pretty
pretty
common
argument
to
make
here.
E
As
far
as
what
this
impact
looks
like
so
so
page,
nine
just
have
to
impact
explained
that
that
goes
over
exactly
the
same
thing
that
I
just
discussed,
and
then
we
wrap
up
with
questions.
So
does
anyone
have
any
questions
on
that?
I
know
circuit
breaker
and
yes,
it's
kind
of
like
drinking
from
a
fire
hose,
but
I
hope
that
made
some
sense.
D
Commissioner
I
hope
you
thought
that
was
or
found
that
helpful,
because
I'm
on
the
aim,
State
Legislative
committee
and
every
year
we
are,
you-
know,
working
with
our
state
assembly
on
educating
the
particularly
the
assemblyman
on
the
benefits
of
Tiff
districts,
for
redevelopment
commissions
and
at
some
point
in
time
in
2035,
or
maybe
sooner
for
some
older
Tiff
districts.
D
So
we're
constantly
looking
at
creating
new
allocation
areas
like
we
did
with
the
Super
ATV
and
with
the
Northwest
one
for
Sunrise
Crossing
and
then
a
few
years
ago
they
created
a
downtown
district.
So
we
could
bring
Investments
downtown
and
have
the
entire
Community
benefit
from
these
higher
AVS
and
higher
tax
collections
so
I.
Hopefully
that
was
helpful
that
more
educational
than
anything
else,
but
it
is
an
annual
requirement.
E
I
would
have
in
a
minute
that
you
did
it.
It
doesn't
require
any
action.
A
Mike
was
off
would
like
to
update
the
commission
on
the
sunrise
Crossing
project.
We
did
receive
bids
last
month
and
approved
for
the
sewer
project
that
pre-construction
meeting
is
this
week
and
and
we
will
be
getting
beginning
to
have
the
construction
for
that.
The
dry
detention
Basin
is
well
underway
and
we
are
making
some
additional
plantings
on
that
Basin
for
some
of
the
neighbors,
with
some
view
shed
concerns
so
I
wanted
to
let
you
know
that
as
well.
A
We
did,
as
you
know,
I
reported
that
we
re-bid
the
Michigan
Road
Project
for
the
traffic
light
and
roadway
improvements
necessary
for
the
intersection
I'm,
not
happy
to
report.
We
again
received
no
bids
the
feedback
from
the
engineers
and
in
conversation
with
the
construction
companies
that
do
the
kind
of
work
they're
all
extremely
busy.
This
is
an
extremely
small
project
for
them.
Those
are
very
highly
specialized
construction
companies
that
can
install
traffic
signals,
and
so
we
had
no
bids
again.
A
For
the
second
time
as
you
remember,
last
month
we
went
ahead
and
approved
the
ordering
of
the
long
lead
items
for
the
traffic
signal
which
we
did
do
those
have
been
placed
in
order.
I
will
remind
the
commission,
under
the
economic
development
agreement,
traffic
light
and
intersection,
improvements
have
to
be
complete
by
May
31st
or
there
is
a
penalty.
So,
given
that
in
consultation
with
our
Council
I'll,
let
Joe
make
make
a
observation
and
request
for
a
motion
for
you
on
that
project.
J
H
H
J
A
And
I
would
say
from
a
from
a
previous
experience
of
30
years
in
the
design
business.
We've
never
had
this
situation
and
neither
have
our
Engineers
JTL
again
given
the
moment
in
time,
we're
in
and
the
environment
we're
in
it's.
It's
just
there's
a
lot
of
projects,
especially
in
the
state
highway
department,
with
us
traffic
signals
and
other
roadway
work.
And
again
this
is
one
of
those
little.
A
You
know
little
projects
that
it's
big
to
us
and
important
to
us,
but
given
the
grand
scheme
of
everything
it
seemingly,
that
was
the
feedback
we
got.
C
J
I
guess
you're
not
obligated
to
it
is
going
to
be
the
lowest
responsive
and
responsible
quota.
And
so,
if
you
felt
like
they.
D
Yeah,
if
it
comes
in
out
of
our
budget,
for
example,
that
would
be
a
reason
to
reject
it.
We've
rejected
a
couple
bids
now,
if
we
boarded
public
works
because
of
that
reason
they
were
outside
the
budget.
This
really
will
allow
us
to
have
more
of
a
private
negotiation
with
with
three
bidders,
for
example,
that
we're
already
familiar
with
with
our
budget.
A
And
I
would
say
too
in
consultation
with
the
contractors.
After
the
first
bidding
process,
we
made
adjustments
to
the
spec
and
to
some
of
the
requirements
that
they
had
said
were
hindrances
to
them.
Responding
of
course,
there's
a
five
week.
Six
week
lag
time
in
there,
because
you've
got
to
advertise
again
and
go
through
that
and
then
again
you
know
the
issue
of
time,
not
enough
time
for
them.
A
Roll
call
any
questions
from
the
audience
roll
called
in
grody
approved.
A
It's
Dr
Brown.
Do
you
have
any
questions
or
comments
on
this?
Thank
you
new
business.
We
have
been
approached
by
Duke
Energy
in
the
last
month
about
an
easement
across
property
owned
by
the
Redevelopment
commission.
I
I
included
some
information
on
that.
The
mayor
myself,
I,
have
had
continued
dialogue
with
Duke
Energy
today
on
a
number
of
questions
that
people
have
raised,
as
well
as
the
mayor
I.
Think,
there's
no
action
required
today.
I
do
did
want
the
commission
to
know
that
we
will
at
some
point
need
to
take
some
action
on
that.
A
They
are
asking
basically
for
a
32
foot,
wide
easement
on
the
south
side
of
the
industrial
shovel
ready
site.
There
is
some
concern
that
that's
extremely
wide
for
that
type
of
request.
I
did
get
clarification
today
that
they
will
allow
us
to
build
up
to
the
easement,
so
we
don't
have
to
set
back
from
that
easement.
That's
part
of
the
reason
why
the
easement
is
so
wide.
It
already
includes
the
electrical
safety
boundary,
that's
required
by
the
national
electrical
organization.
That
gives
those
kinds
of
recommendations.
A
So
if
any
of
you
have
any
thoughts
or
questions
today
during
this
meeting
or
or
concerns
after,
let
me
know
the
mayor
and
I
are
going
to
have
meeting
with
the
Duke
Engineers,
as
well
as
the
land
purchasing
arm
of
Duke
Energy,
to
discuss
more
thoroughly
this.
This
request,
but
I'm
happy
to
take,
take
any
concerns
or
questions
that
you
may
have
to
present
to
them
as
well.
A
Correct
and
and
then
ties
into
property
there,
just
to
the
yes,
just
just
to
the
east
of
just
to
the
West,
the
old,
robust
property.
As
I
understand,
we
have
a
couple
Parcels
in
that.
G
A
D
I
want
to
welcome
our
guests
here
today.
Thank
you.
Tony
Tony
is
going
to
lead
a
presentation
with
our
guests
here
in
just
a
few
minutes,
but
I
wanna
share
some
exciting
news
with
the
commission
and
the
community.
Since
the
summer
of
2021,
we've
talked
frequently
about
leveraging
our
Resources
with
public-private
Partnerships.
D
As
you
know,
the
city
submitted
a
destination
Madison
plan
in
July
2021,
which
was
a
strategic
plan
to
improve
the
quality
of
life
in
Madison
and
enhance
our
regional
appeal
with
a
2.6
million
dollar
ready
award.
Our
first
two
projects
under
the
plan
are
about
to
break
ground
which
will
enhance
the
city's
Gateway
and
its
Cultural
Arts
appeal
today.
We're
very
excited
to
announce
four
new
shovel
ready
destination,
Madison
projects
that
will
leverage
RDC
dollars,
seven
and
a
half
to
one
and
create
additional
new
investment
of
nearly
seven
million
dollars.
D
I'd
like
to
personally
thank
Hanover,
College
Heritage,
Trail
Conservancy
board
the
Ohio
Theater
Riverfront
development
committee
and
historic
Madison
Inc
for
their
efforts
to
enhance
our
community
with
private
donations,
the
state
next
level,
Trails,
Grant,
ready
and
City
dollars.
Our
combined
investment
dollars
can
be
more
impactful
than
originally
conceived.
D
Tony
will
lead
us
through
a
presentation
for
the
four
new
projects:
the
riverfront
super
Overlook,
the
Hanover
Madison
connector
Trail,
the
Ohio
Theater
facade,
Improvement
project
and
Marquis,
and
the
HMI
City
Overlook
Bicentennial
Park
improvements.
At
the
end
of
the
presentation.
We
would
ask
commission
to
approve
a
ready,
RDC
plans,
subject
to
our
attorney's
approval,
the
mayor's
authorization
to
execute
the
documentation,
pretty
exciting,
that
we
can
bring
to
fruition
this
level
of
projects
and
acknowledge
these.
A
Thank
you,
Marin
thanks,
commission
again,
thanks
for
our
partners
as
we
as
we
discussed
in
the
financial
planning
component,
things
are
fluid.
Projects
are
fluid
and,
as
you
know,
that's
no
different
for
the
city
and
the
Redevelopment
commission.
As
we
look
at
these
projects,
but
today,
I
think
we
have
a
good
plan
to
move
forward
with
the
remaining
ready
dollars
that
makes
sense
to
to
impact
the
community
sooner
with
those
dollars
and
to
assist
those
who
are
already
shovel
ready.
A
So
you'll
see
up
in
front
of
you
that
the
current
projects
that
we've
already
been
awarded
through
the
ready
dollars
are
just
shy
of
roughly
921
thousand
dollars
that
gave
us
the
900
I'm.
Sorry
just
just
shy.
It
is
shy
of
the
2.5
million
dollars
in
already
dollars
and
leaves
us
921
thousand
dollars
of
ready
dollars
to
reinvest
in
the
community.
A
Initially,
that
project
was
slated
to
be
the
bicentennial
Amphitheater
structure
and
additional
dollars
for
our
Parks
and
Recreation
Department,
as
we
started
to
understand
more
in
the
last
couple
months
about
the
state
of
Indiana's
idea
of
having
already
2.0,
which
will
be
going
in
front
of
the
legislature
this
year
and
the
recognition
that
we
would
be
required
to
raise
additional
Bond
capital
for
those
projects.
A
A
So
today,
with
the
remaining
ready
dollars,
we
are
recommending
that
that
we
take
470
000
of
that
and
support
the
grant
match
for
the
Madison
Hanover
College
connector
Trail
and
apply
the
other
to
apply
250
000
as
Grant
with
a
dollar
for
dollar
match
for
the
friends
of
the
Ohio
Theater.
To
finish
the
exterior
restoration
and
the
Marquee
restoration
of
a
very
important
Main
Street
asset,
the
Ohio
Theater,
the
Ohio
Theater
already
has
the
construction
documents
for
both
projects
and
those
projects
can
be
ready
to
bid
once
they
have
funded
the
remaining
amount.
A
We
know
the
HMI
parking
lot
and
enhancements
required
by
our
agreement
with
them
will
require
additional
three
hundred
thousand
dollars
to
leverage
that,
with
the
other
two
hundred
thousand
remaining
of
the
ready
dollars
for
a
five
hundred
thousand
dollar
project.
That
will
improve
the
accessibility
and
parking
for
the
Shrewsbury
house
and
fulfills
the
obligations
the
city
has
with
the
agreement
we
have
with
historic,
Madison
Incorporated
and
then
finally,
we
would
ask
the
soup.
A
We
would
ask
that
the
RDC
support
the
super
Overlook
project
and
we'll
have
a
presentation
on
that
with
an
additional
ask
of
a
five
hundred
thousand
dollars.
That
project
is
currently
under
construction
and
was
not
eligible
for
ready
dollars
because
of
the
way
the
procurement
process
went
in
that
regard.
K
We
are
so
excited
about
this
project.
It
is
in
the
city's
master
plan.
It
is
in
the
County's
master
plan.
It
envisions
a
trail
that
would
connect
the
town
of
Hanover
and
Hanover
College
all
the
way
into
downtown
Madison.
K
This
project
is
closer
to
reality
than
one
might
Envision,
given
that
it's
six
miles
long
we
have,
and
that
is
because
we
have
contiguous
property
ownership
between
Hanover
College
ikec,
the
state
park,
the
city
of
Madison
and
the
Heritage
Trail
Conservancy.
We
own
the
vast
majority
of
the
property
needed
to
make
this
Trail
happen.
K
We
received
two
more
than
two
million
dollars
in
Next
Level
Trails
funds
to
fund
the
first
segment
of
the
trail,
which
is
the
segment
that
runs
from
Downtown
Madison
to
the
state
park,
so
those
dollars
are
already
acquired,
and
that
puts
the
first
leg
of
the
trail
that
much
closer
to
reality.
K
The
money
that
you
would
be
allocating
today
would
provide
a
20
match
for
that.
Two
million
dollar
Grant
from
Next
Level
trails,
the
Heritage
Trail,
is
the
Heritage
Trail
Conservancy
is
the
granting
Organization
for
the
funds
and,
as
you
can
see,
the
trail
would
run
from
Downtown
Madison
up
through
the
current
footprint
of
the
Heritage
Trail.
It
would
cross
Crooked
Creek
on
a
new
bridge
that
would
allow
beautiful
Scenic
views
of
the
old
historic
railroad
bridge
and
then
would
proceed
along
that
Heritage
Trail
spur
to
the
state
park.
K
K
That
puts
it
at
the
foot
of
County
310
West,
which
runs
along
the
river
down
to
Saluda
Hill.
The
county
is
aware
of
our
interest
in
taking
that
road
and
making
it
additional
hiking
and
biking
access.
There's
a
portion,
that's
why
that's
washed
out,
but
they
would
like
to
see
it
go
into
Trail
as
well,
or
be
kept
open
for
purposes
of
walking
and
biking.
K
So
for
about
for
the
price
that
we're
at
now,
you
get
in
the
end,
the
six
miles
of
trail
that
you
see
here
plus
another
eight,
and
that
puts
us
in
shouting
distance
of
the
County
Line
and
the
regional
development
authorities
desire
to
have
what
they
call
a
world-class
trail
system
in
the
Five
County
region.
So
someday
people
would
be
able
to
come
to
Madison
and
use
Madison
as
a
Trailhead
to
ride
or
hike
or
bike
all
the
way
into
the
Jeffersonville
area
and
into
Louisville.
D
Just
like
to
add,
first
of
all,
thank
you
because
you
all
have
put
years
of
work
and
investment
into
the
trail.
We've
been
spending
several
years
on
Master
planning,
Main
Street,
so
Envision,
the
you
know,
new
Main
Street,
that's
going
to
also
be
connecting
at
some
point
in
time
with
this
Trail
there's,
you
know
modest
sidewalks
on
the
west
end
of
downtown.
D
But
as
we
work
on
developing
the
Main
Street
plan,
it
will
be
it's
all
about
connectivity
connecting
everybody
together
with
these
trails
and
it's
undeniable
that
Trails
have
an
invaluable
benefit
to
a
community
both
for
quality
of
life,
but
Mental
Health
physical
health.
So
there
are
so
many
different
objectives
that
are
embedded
in
trade
in
the
trails
project,
which
is
why
we
think
it's
important.
A
I
would
just
add
to
that.
National
studies
show
time
and
time
again
that
property
values,
Associated
and
next
to
are
connected
to
a
trail
system
increase
much
more
rapidly
than
those
who
are
not
so
I
think
this
is
certainly
a
great
project
for
all
and
certainly
a
great
project
for
the
county,
and
we
hope
to
to
see
that
happen
here
shortly.
So
thank
you.
A
The
next
project
I
would
like
to
have
present
today
is
the
Ohio
Theater,
facade
and
Marquee
restoration
and
representing
that
organization.
The
president
of
the
board,
Elizabeth
aksher,.
I
Hello,
thank
you
for
inviting
me
here
today.
I
really
appreciate
Tony
and
the
mayor
asking
me
to
speak
to
you.
You've
already
done
a
significant
amount
for
the
Ohio
Theater,
with
your
Stellar
dollars
that
you
gave
in
the
past
and
with
those
funds
we
were
able
to
put
on
a
new
roof,
install
new
HVAC
and
then
repair
masonry
on
all
sides
of
the
building
except
Main
Street.
So
right
now
the
theater
is
the
most
physically
stable
it
has
been
in
decades.
I
So
for
that
we
do
thank
you
and
we
were
also
able
to
reopen
in
the
spring,
so
you
may
have
seen
we've
been
having
lots
of
movies
and
concerts,
so
people
are
very
excited
to
get
back
in
the
building.
So
the
next
logical
step
is
to
work
on
the
exterior,
because
it
shows
people
that
we
are
moving
forward
with
this
project
and
we
are
serious
about
it.
I
So
we
already
have
the
drawings
in
place
for
the
exterior
work
and
the
Marquee,
so
I
anticipate
having
the
matching
funds
raised
by
the
end
of
November
and
will
be
shovel
ready
to
take
bids
in
January
is
our
goal.
The
Marquee
we
had
an
expert
Marquee
consultant
come
in
and
tell
us
what
needs
to
be
repaired,
we're
not
going
to
change
how
it
looks
so
nobody
needs
to
to
panic
there
and
then
the
facade.
This
picture
shows
like
the
I.
I
Don't
know
if
that's
wood
on
the
front,
but
we
will
be
using
like
a
white
glaze,
brick
similar
to
what's
on
the
theater
right
now.
The
current
glazed
brick
is
in
such
bad
condition
that
we
cannot
save
it
so
we're
going
to
go
with
a
thin
veneer
that
we've
already
talked
to
the
historic
board
about,
but
we're
excited
and
ready,
and
we
have
a
lot
of
momentum
right
now.
A
lot
of
supporters
and
donors
ready
to
help
fund
this
project.
So
this
is
the
perfect
time
to
move
forward
with
this.
D
I
Right
well-
and
you
know
it's
going
to
help
us
to
have
the
Marquee
on
in
the
night,
because
right
now
you
can't
see
what's
up
there,
so
tourists
who
come
in
the
winter
when
it's
dark,
they're
missing
a
lot
of
what
we
have
going
on.
So
this
is
a
perfect
opportunity
to
help
bring
more
people
to
Madison,
because
even
just
the
past
few
months
we've
been
open,
we've
had
people
coming
from
Colorado
London
Georgia.
We
promote
ourselves
within
150
miles
of
Madison,
so
we're
getting
a
lot
of
tourists
already
coming
to
the
theater.
I
A
Would
I
would
just
state
that
any
of
the
projects
that
have
ready
dollars
the
city
will
maintain
the
process
control
in
terms
of
the
bidding
and
so
forth,
as
it
relates
to
that
in
procurement
of
that?
So
we
will
we'll
be
doing
that
on
behalf
of
the
friends
of
the
Ohio
Theater.
What.
D
Tony's
alluding
to
is
we're
a
member
of
the
RDA
and
an
awardee
Ian
Y
is
the
financial
advisor
to
the
iedc,
which
is
the
Grant
award
e
to
the
RDA,
and
then
the
RDA
is
contracted
with
River
Hills,
which
is
a
regional
Economic,
Development
planning
organization,
that's
working
with
each
of
us
on
all
of
the
individual
applications,
so
we'll
be
involved
in
all
the
all
the
procurement
and
processing
through
River,
Hills,
eny
and
iedc.
For.
A
The
next
two
projects,
the
super
Overlook
and
the
HMI
lot-
would
be
projects
that
we
would.
We
would
ask
for
some
involvement
from
the
Redevelopment
commission
and
helping
those
projects
be
leveraged
and
invested,
and,
at
this
point,
I'll
look
to
Josh
and
John
Bruns
from
the
Redevelopment
from
the
riverfront
development
committee,
rdc2
right
to
come
up
and
make
a
quick
presentation
and
an
overview
of
the
super
overlook.
H
I'm
Josh
Kinsey
with
building
analysis
services
along
with
John
the
Bruns
vice
president
of
the
room,
the
development
community.
As
you
guys
know,
we
are
in
the
process
of
currently
constructing
our
massive
super
overload.
We
have
because
of
funding.
We
have
chosen
to
do
this
in
three
phases.
The
phases
will
be
the
Super
overlooked
portion.
H
So
phase
one
is
here:
phase
two
will
be
the
seating
on
the
honors
first
phase
three
will
be
the
steel.
H
We
are
currently
trying
to
get
procurement
for
additional
funding
for
the
first
portion,
but
mainly
for
the
second
and
the
third
portion,
hopefully
build
this
all
at
one
time.
Instead
of
having
completed
in
additional
phases,
it
will
more
than
likely
stretch
out
past
the
June
first
date
until
how
the
Regatta
to
happen,
and
then
the
rest
of
it
will
happen
after
that,
after
getting
through
the
Fourth
of
July
weekend.
D
H
The
front
development
committee
has
allocated
north
of
250
000
into
this
project
from
soft
costs
for
construction
documents
and
bid
process.
We've
also
gotten
gotten
procurement
from
Arvin
sango.
D
I
believe
Jefferson
County
Commissioners,
yes
made
a
commitment
and
then
the
Redevelopment
commission
at
placed
the
original
first
200
000
colleges.
A
The
final
project
would
be
funded
partially
by
ready
dollars
and
then
additional
capital
investment
from
the
Redevelopment
commission.
The
HMI
lot
pop
Poplar
Street
and
Riverfront
parking
improvements.
A
This
project,
if
you
look
at
this
on
your
left,
commission
is
Poplar.
Street
on
the
right,
you'll
see
Central
Avenue.
A
The
parking
lot
is
the
vacant
lot
across
the
street
from
Lamplighter
park
there
at
our
over
at
the
point
there
on
the
riverfront
as
a
part
of
the
agreement
with
historic
Madison
who's,
giving
us
the
law,
the
lawn
there
north
of
the
alley
on
Poplar
Street
you.
You
will
note
that
we
had
some
commitments
in
there,
which
was
to
improve
that
parking
lot
and
accessibility
from
that
lot
to
the
Shrewsbury
house,
a
Poplar
Street.
This
project
does
conform
with
all
the
requirements
in
the
HMI
agreement.
A
It
would
allow
for
approximate
80
to
85
cars
and
golf
carts
located
in
the
parking
lot,
as
well
as
a
passive
Lawn
Park
with
some
celebration
of
Madison's
history.
Both
in
leadership
as
well
as
in
industrial
history
as
a
part
of
that
passive
Park
and
provide
the
ad
accessibility
and
those
things
that
HMI
has
requested.
D
D
You
know
the
last
really
20
years
that
we've
gone
back
and
looked
at
and
looked
at
their
applicability
in
today's
in
investment
time
frame
and
modernized
modernize,
the
design
and
also
the
integration
into
other
projects
that
we're
working
on,
and
so
you
know
again
think
about
the
impactfulness.
D
As
you
drive
down,
Vaughn
drive
a
year
from
now
after
you've
left
Crystal,
Beach
swimming
and
some
bathing,
and
then
you
drive
down
to
see
a
show
at
Bicentennial,
Park
and
you're
parking
in
this
beautiful
area
and
walk
up
to
the
Shrewsbury
house
and
and
then
you
go
down
to
two
boys
and
get
ice
cream
and
and
sit
over
at
the
super
Overlook.
D
As
you
continue
to
stroll
down
Vaughn
drive,
it
is
a
it
is
going
to
be
the
Miracle
Mile
of
Madison,
it's
a
mile
and
a
half
long
Riverfront
Boardwalk.
That
has
been,
you
know,
essentially
changing
for
the
last
three
decades
because
of
the
work
that
so
many
people,
and
particularly
the
riverfront
development
committee,
has
done
you
know
a
lot
of
the
with
private
donations.
A
I
would
just
let
the
commission
know
that
the
parking
lot
in
the
HMI
lot
were
a
part
of
the
amphitheater
construction
dollars
that
we
initially
had
in
in
ready
a
1.0.
If
you
want
to
call
it
that
we're
peeling
that
off
and
getting
that
done
so
ready,
2.0
will
already
have
the
parking
and
in
support
of
that
permanent
Amphitheater
structure.
So
we
were
just
asking
for
a
little
additional
help
from
the
RDC
to
make
this
project
a
reality
with
the
200
plus
thousand
dollars
we're
getting
from
the
ready
dollars.
Well,.
D
And
I'll
just
mention
too
in
closing
that
we're
taking
what
what's
somewhat
of
a
blighted
lot.
You
know
you
know
in
a
very
high
profile
air
profile
area
and
connecting
it
from
the
recreational
area
of
our
Riverfront
up
to
the
historic
district
and
really
capitalizing
on
all
of
the
investment
that
a
story
Madison
Inc
has
made
in
that
their
complex
there
with
Shrewsbury
and
their
office
spaces,
and
so
it's
exciting
to
see
all
these
things
happen
and,
of
course,
you're
right
off
of
Main
Street.
D
A
A
Yeah
I
would
look
for
a
motion
for
that
so
that
three
hundred
thousand
dollars
from
the
RDC
to
go
towards
the
Amphitheater
parking
HMI
parking
improvements.
D
Commission
any
questions
from
any
of
the
partners
we
have
here
where
we're
collaborating
with
to
make
a
tremendous
impact
right
now,
with
these
ready
dollars
and
I.
Think
that's
the
truest
sense
of
the
purpose
of
the
ready
plan,
which
is,
is
an
accelerated
development
initiative
and
that's
exactly
what
we're
doing.
D
A
Then
maybe
there's
three:
you
want
three.
Oh
you
I
know
what
you
want.
Okay,
I
apologize.
Can
we
get
a
motion
for
the
three
hundred
thousand
dollars
for
the
RDC
dollars
for
the
HMI
parking
lot.
C
G
A
F
A
For
tuning
in
from
Las
Vegas
today,
so
we'll
do
a
roll
call
vote.
A
Okay,
a
second
motion
would
be
to
have
the
RDC
fund
an
additional
500
000
towards
the
super
overlooked
project.
A
And
then,
finally,
a
final
motion
to
approve
the
new
ready
plan
for
the
city
of
Madison
Indiana,
which
would
include
the
Madison
Hanover
connector
Trail
and
the
Ohio
Theater
facade
at
MRT.
Is
there
a
motion
for
that
I'll
make
that
motion
is
your
second,
oh.
C
D
Right
yeah,
no
thank
you
very
much
commission
and
all
our
partners.
We
have
a
lot
of
work
ahead
of
us
to
bring
these
opportunities
to
reality,
and
it's
not
just
the
heavy
lifting
that's
happening
here
with
everybody
in
the
room.
But
as
I
mentioned
it's
with
iedc
the
governor's
office,
the
Southern
Indiana
RDA
River,
Hills
Anderson
young,
as
financial
advisor
so
great
day
for
Madison
here.
Thank
you
all
very
much
relative
to
other
matters
and
updates.
D
So
over
the
next
few
months
you
will
see
two
things
happening
at
Crystal
Beach,
which
is
another
major
Park
Improvement
project
on
our
on
our
prized
Riverfront,
and
that
is
the
ribbon
cutting
for
the
opening
of
the
pool
house
restoration
which
has
been
ongoing
for
about
you
know
a
little
over
a
year
and
right
now
we're
really
basically
waiting
on
elevator
to
show
up
before
we
can
finalize
that
structure
and
get
it
open.
It's
going
to
be
beautiful,
year-round
space
and
then
we're
under
demolition.
D
Now
for
the
swimming
pool,
it's
an
unsafe,
it's
in
an
unsafe
condition.
It
has
to
be
removed.
We
are
in
the
bidding
stages
for
the
actual
pool
reconstruction,
so
in
the
next
couple
of
weeks,
I
think
we'll
we'll
see
what
what
the
bidding
looks
like,
but
we've
we
are
working
through
Council
and
the
in
city
of
Madison
RDA
for
the
financing
of
that
public
Improvement
project,
which
is
again
very
critical
to
the
city.
D
Lots
of
work
happening
at
Sunrise,
Crossing
drive
by
there
you'll
already
see
a
building
under
construction
which
for
TJ
Maxx
and
Five
Below.
There
are
two
other
buildings:
Hobby
Lobby
has
not
started
construction,
yet
that'll
be
next.
We
will
be
announcing
in
a
couple
of
weeks,
I
think
a
couple
of
additional
retailers
and
restaurants
we've
been
working
on
with
the
developer
and
then
the
housing
piece
will
be
behind
that.
So
a
lot
of
activity
occurring
all
across
the
community
I'll
pause
there.
If
anybody
has
any
questions
for
me,
happy
to
answer
them.
B
D
Thank
you
very
much,
commission
John.
Thank
you
very
much
for
making
making
yourself
available
this
afternoon.