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1035 Harold Gutzwiller, Chairman of the Mooresville Redevelopment Commission,presented a draft for amending the Economic Development Plan and the Redevelopment Plan. The Redevelopment area is downtown, South Bridge, and TOA area. The Economic Plan is about the same just with some technical differences. Mike Shaver, Wabash Scientific, has a very long history with redevelopment and economic plans,the first plan for the Mooresville Redevelopment Commission was in 1990. The Redevelopment Commission has completed the items in the plan and now is amending to add more items to include projects outlined in the brainstorming session on pages 3 thru 12. Basically attracting new business and industry to area, training and education, and continuing infrastructure projects. There are three additions to the Economic Development area, shopping center for a major upgrade, Haught and Adams property that are annexed ui to Town. Page 14 of the draft shows the impact the Redevelopment Commission has had on residents and sewer. Over 4.8 million dollars invested in sewer capacity. The Town and Redevelopment Commission worked together to lower sewer bills by around 3 million dollars saved by residential customers. (Put in Councilwoman Perry's questions and report), ( I ee a,lw eel") Redevelopment Chairman Harold Gutzwiller addressed Councilwoman Perry's report. This draft;is a roadmap for the Plan. He said Councilwoman Perry was correct in that the draft had not been discussed with other entities. There was a need to move swiftly due to a pending project. There wasn't a scheduled meeting for the Plan Commission in June so had to present at the May meeting. Redevelopment Commission legal counsel addressed the Plan Commission vote from their meeting. The initial motion was to decide if this draft conformed to the Master Land Use Plan. The vote was not opposed but did not have a quorum. There was one new member. The Chairman of the Plan Commission decided to take a second vote that ended in 5 members in favor of the draft. The Plan addresses the desire to work with the School Corporation,but the only building in TIF area is the school transportation garage. TIF dollars have to be used in the TIF district. Mike Shaver met with the school's IT person. The question is what statutorily the Redevelopment can spend TIF funds on. Redevelopment has a meeting with the School Superintendent tomorrow morning. The school corporation has been gaining an indirect benefit from lower sewer bills. Harold Gutzwiller went on to report that only business and industry pay taxes into TIF, The quality of the workforce as far as skill levels is primary importance. The first people hired are from the community. We are a regional economy and are at a 7.8 unemployment. Some employees have to come from outside the community if the skill level and education are not available in the community. Estimated costs on the SB-1 are a range the company can expect. They may or may not hit those targets. After an area is taken in to the plan the assessed valuation is frozen and then if redeveloped will bring additional jobs and taxes to the areas. No offense was met in paragraph#14,page 31. After the public hearing process,the commission will take under consideration to remove this paragraph. There is a process to notify all persons concerned before the public hearing. All things in the roadmap are by statute, updated periodically to meet with the changes in the community. Two parcels did have addresses but no parcel numbers. This will be changed to make consistent. After the public hearing the plan will be looked at and changed if needed. The commission is not adding a new TIF district,just adding 3-5 parcels. The Adams property is designated as a shovel ready site. Council President Watkins commented the telecommunications group from the school met with him and Councilman Mathis. The council President wants folks to understand this is a plan for the future; it doesn't mean everything is going to happen. Discussions have started but there is a lot to figure out yet. This is a limiting document, if an item isn't in the document it can't happen. What is the use of collecting money if it can't be used? A motion was made by Councilman Mathis with a second by Councilman Langley that the plan conforms to the master land use plan as was founded by the plan commission. Motion carried 4-1. Councilwoman Perry opposed. CF-1's: Olive Oak/Mt. Olive was first. Councilman Langley will not vote on this issue. Steve Langley was present. Jeff Pipkin, Morgan County Economic Development, gave his report on the company. Councilwoman Perry gave her report on the company. A motion was made by Councilwoman Perry with a second by Councilman Mathis to