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Town reports stronger collections on patch project; warehouses show mixed occupancy, TIF settlement figure unclear
Summary
Staff reported recent collections for phase 2 of the patch project rose to roughly $300,000, covering earlier shortfalls; warehouse occupancy shows some tenants shrinking while others expand seasonally. A June TIF settlement was noted in the revenue report but the spoken figure in the transcript was unclear.
Town staff told the Whiteland Redeveloped Commission on July 9 that collections for phase 2 of the patch project have improved and have largely covered a prior shortfall.
"You may remember that last disbursement, which was in December, there was a shortage on the phase 2... we collected $230,000, and that resulted in a shortage of about $30,000. Fortunately, this time around, the collection was approximately $300,000, so about $70,000 more," a staff member said.
On the recorded transcript staff then stated the "cumulative shortage is only about $85." The transcript does not make clear whether that $85 is dollars, thousands of dollars, or otherwise; staff did not read clarifying units on the record during the meeting.
Members also discussed warehouse occupancy in town. Staff cited changes among large users — for example, saying that some operations at DHL have reduced space while other tenants are growing, and that seasonal hiring typically increases occupancy in the winter. The patch project area was described as attracting new tenants such as 'Sugar Boots' and some recreational facilities (soccer fields), which staff said has improved occupancy in that area.
A commissioner reported that the June TIF (tax-increment financing) settlement was posted to the revenue report and stated a figure that the transcript renders as "Million 854,000." The audio/transcript rendering of that number was unclear and the precise settlement amount is not unambiguously recorded in the meeting transcript.
Next steps: staff will continue to monitor receipts for the patch project, clarify the outstanding shortage figure for the official record, and follow up on tenant occupancy trends in the patch project area.
