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MOORESVILLE REDEVELOPMENT COMMISSION MINUTES MONDAY, MARCH 7,2005,7:00 A. M. The Mooresville Redevelopment Commission met on Monday, March 7, 2005, at 7:00 A. M. at the Mooresville Town Hall. Commission members present were Chairman Brian Nelson, Jim Ransome, Helen Humes, and Mike Haskins. Jim Ellis was absent. Attorney Tim Currens was present. John Taylor, Morgan County Economic Development Corp, presented a request for PACMoore for $2,000 for an entrance road design from Holloway Engineering. This fee includes submittal for an INDOT commercial drive permit. Not included in this fee is a traffic study, if one is required, soil investigations, and direct expenses such as permit fees, bonds, etc. PACMoore is using Holloway Engineering. Commissioner Humes asked if this was an additional amount. John said this was included in the prior total committed. This may change once all the costs are in and will be revisited with the Indiana Economic Development Commission. Kristin Kuk, PACMoore, told the commission this mo would not be eligible for the State match. Also, PACMoore was not sure if sit esign and engineering was part of the original total amount committed by the Redev pment Commission. We wanted to make sure this was covered either way. He n Humes said we do have a pre commit from Department of Commerce outlinin s and design and engineering work was usually a part of the IDGF. Kristin sa' because of the way everything has proceeded the application had to be submitted bef e you can begin the site designs. Kristin said they were waiting for Holloway and o come back with final cost estimates on all of the infrastructure and a couple of concerns were that the original estimates from Mooresville might be a little low. All costs for design are to be in by March 21, 2005. The Dept. of Commerce pre commit letter said based on the costs turned in thus far they would share in them up to 40% or lesser of $182,500. Possibly if the estimates come back higher they will look at this again and give a higher amount of match. John Taylor told the commission this is one of the first successes in the State for IEDC and the sooner we get to them the happier they are going to be to want to get something on the board for themselves and he felt we would see a higher commitment from them. Helen Humes asked if there were additional infrastructure costs than what had been outlined previously. Kristin Kuk told the commission Holloway had found in doing surveys and legal description of the property that the wastewater line only ran along the rail side and cuts back to the east so probably there would be some additional minimal cost to run the line west along the southern border of the property. It also looked like the rail spur might be slightly more in terms of construction costs than was originally anticipated. She thinks the improvements to the entrance might be a little less, so they were hoping to come out even.