Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Redevelopment director reports October balances and project progress; Baker Tilly TIF presentation set for December
Summary
Mr. Lee reported CRC October balances ($8.77 million; $20.95 million including restricted funds) and presented three claim groups; Redevelopment Director Henry Mestetsky summarized city-center construction, condo sales and other projects. Baker Tilly will present the annual TIF report on Dec. 17.
The Carmel Redevelopment Commission received its monthly financial and project updates at the regular meeting.
Mr. Lee reported the commission’s end-of-month balance for October as $8,768,683 and said that including restricted funds the total was $20,946,413. He told commissioners that next month’s packet will include more detail on the commission’s tax-increment financing (TIF) for December. Mr. Lee also…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
