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MOORESVILLE REDEVELOPMENT COMMISSION MINUTES THURSDAY, MAY 5, 2016 Members present: Harold Gutzwiller, Don Stultz, Bill Boyd, Joe Beikman and Tim Corman. Mark Meadows, non-voting member from Mooresville Consolidated School board, was present. Town Attorney, Tim Currens was present. Project Manager Chelsey Manns was present. A motion was made by Commissioner Corman and seconded by Commissioner Beikman to approve the executive session and public meeting minutes from both April 6" as well as April 21". Motion carried 5- 0. Financials were presented by email from the Clerk -Treasurer previously. Commissioner Boyd made the motion to accept the financials as presented. The motion was seconded by Commissioner Stutlz and it passed 5-0. Gateway Project Update: Manns provided an update from Rundell Ernstberger and Associates (REA) regarding the Gateway Project. Project Manager Carl Kincaid with REA provided a written update that he had spoken several times with Joe at Gibraltar as well as R&M Electric regarding the new lenses. They were anticipating installing the lenses and fixing the metal work the week of May 2nd but due to the rain, have been delayed. Gibraltar has reported that they need at least 3-5 dry days in order to not damage the lawn and landscaping with the lifts needed to perform the work. He believes it will take approximately 5-7 days to complete the hardscape punch list. Gibraltar has spoken with Gray Brothers regarding their lawn on the west side of Indiana Street and has informed them that they will be restoring it back to previous conditions. REA has been onsite to review plant material last week but not all of the material was out of dormancy. They are tentatively planning on returning to Mooresville the week of May 9" to perform a punch list, weather permitting. This is the last punch list that Gibraltar needs. Southbridge Crossing: There is no business to report. Old Business: Manns reported that there was a preconstruction meeting for Cherry Blossom Way earlier in the day. Milestone Contractors plan to begin to move equipment onto the project the week of May 9th and will begin construction the week of May 16th. Banning reported that the project should still be completed by September 30th, 2016. Commissioner Gutzwiller asked that Manns notify the property owners affected by the new road. Commissioner Beikman did ask Manns the status of fiber on Cherry Blossom Way. She was unsure but is checking on the matter. New Business: Commissioner Beikman asked the plans to maintain the Remster Property. Commissioner Gutzwiller said he would look into the matter. Legal Update: Attorney Currens presented the Commission with the updated Regional Construction lease for Southbridge Crossing. He indicated that Regional Construction has paid rent current under the