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La Porte City Redevelopment Commission OKs up to $100,000 reimbursement to Quincy Associates 2
Summary
At its Feb. 26 meeting the La Porte City Redevelopment Commission voted 4-0 to authorize a reimbursement payment to Quincy Associates 2 for a fall 2024 tax payment, allowing staff to issue the check between meetings because required county information has not yet arrived.
LA PORTE, Ind. — The La Porte City Redevelopment Commission on Feb. 26 voted 4-0 to approve a reimbursement payment to Quincy Associates 2 related to the Qualls development, authorizing staff to issue the payment between meetings and capping the payment at $100,000.
The item was placed on the agenda at the request of the Clerk-Treasurer after the commission learned the county had not yet provided information needed to process the regular claim. A staff member said the commission has reimbursed Quincy Associates 2 under the existing agreement in previous years and that the contract documentation will be attached to the claim once county records arrive.
Commissioner Betsy Parkinson moved to approve the reimbursement payment per the agreement with Quincy Associates 2, not to exceed $100,000; the motion passed unanimously. The commission’s roll call at the start of the meeting identified four members present: Brian Challick, J.T. McDermott, Betsy Parkinson and Jenna Franciscone; Damon Gasaway was absent and had texted the chair that he was stuck in another meeting.
The reimbursement covers taxes previously paid and returned to the developer under the commission’s agreement, a staff member said. The clerk-treasurer asked that the commission authorize this payment ahead of receipt of county paperwork so the check could be cut in a timely manner; the commission approved that request.
Votes at a glance
• Approval of Jan. 29, 2025 regular meeting minutes — Passed, 4-0.
• Approval of Feb. 26, 2025 claim docket — Passed, 4-0.
• Approval of reimbursement payment per agreement with Quincy Associates 2 (fall 2024 payment), not to exceed $100,000 — Passed, 4-0.
The commission opened public comment at 5:16 p.m. and closed it with no speakers. After the votes the commission adjourned; the meeting lasted about four minutes from call to adjournment, per the chair’s closing statement.
