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Speedway Redevelopment Commission approves survey, brokerage authority, appraisals and reimbursements
Summary
At its Sept. 22 meeting the Town of Speedway Redevelopment Commission approved a boundary survey contract, authorized broker services, accepted two appraisal engagement letters for the Sixteenth and Mickley properties, approved claims totaling $108,986.64 and authorized a $641 reimbursement to the parks department.
The Town of Speedway Redevelopment Commission on Sept. 22 approved a set of routine steps aimed at preparing two redevelopment parcels for sale or development, authorized staff to hire a broker, accepted updated appraisals and approved routine expenditures, including claims totaling $108,986.64.
Those actions matter because the survey, appraisals and broker authority are necessary preparatory steps before the commission can issue a request for proposals (RFP) or market property in Speedway. Commission members said the items are intended to put the commission in a position to proceed quickly when development interest arises.
The commission voted unanimously on the principal items. Jacob Blasel, who opened and presided over the meeting while filling in for the regular clerk, called the meeting to order at 6:00 p.m. and recorded that the meeting had a quorum. The claims docket presented to the commission totaled $108,986.64; the largest single item was an $88,908.12 invoice to Smock Fansler Corporation. The commission approved the claims by voice vote.
On property-preparation work, the commission approved Resolution 2025-14 to contract with Gustafson Land Surveying Incorporated for a boundary survey of the site at Sixteenth and Mickley. Kyle Markley, the Town of Speedway economic development director, told the commission that the survey would stake the property lines and provide a CAD file for use in an RFP and by prospective developers. Markley said the contract amount is "not to exceed $3,240." The motion to approve the resolution carried 4-0.
The commission also approved Resolution 2025-15 to give the economic development director authority to enter into a professional services agreement for brokerage services. Markley said the town received three responses to a request for qualifications and that the authority would let him execute an agreement without waiting until the next regular meeting so a broker can begin outreach and monitoring of available properties. The motion carried 4-0.
To update valuation information for the Sixteenth and Mickley sites, the commission approved two appraisal engagement letters: Integra Realty Resources for $2,100 and Trainer and Associates for $2,000. Markley said the last appraisals for those parcels were completed in 2019, and updated appraisals are required before issuing an RFP or selling the parcels. The motion to accept the engagement letters carried 4-0.
The commission approved reimbursing the parks department $641 for porta‑toilet expenses at the Plaza on Main. Markley said $1,000 had been budgeted last year for parks expenses and the submitted invoices totaled $641; the commission approved reimbursement by voice vote.
Other items noted in the economic development report included a mock-up of limestone veneer for the roundabout, a short materials delay on some projects that staff said was not expected to be consequential, and work on an "IMPO" grant RFP that Markley said the town plans to begin under contract in January with completion by the following September. The commission did not take additional formal action on those items at the meeting.
The meeting concluded with brief community announcements: a Hometown Parade on Oct. 3, Taste of Speedway on Oct. 2 (tickets $20 in advance, $25 day-of), and a Trunk-or-Treat event on Oct. 25. Jacob Blasel adjourned the meeting at 6:12 p.m.
