LA PORTE COUNTY REDEVELOPMENT COMMISSION MEETING MINUTES  March 27,2024  AMENDED NOTICE TO INCLUDE NOTIFICATION OF BLECTRONICPARTOPATON ANDTO ALLOW THE If any member of the public wishes to attend the meeting electronically, the meeting will be available on Zoom, which can be accessed for free on the internet at https://zoom.us/ and then click the' "Join a Meeting" tab followed by the meeting ID 891 8375 4836 Passcode 556619. Youcan also download the free Zoom app to your smartphone and join the meeting viai the app. The La Porte County Redevelopment Commission in-person and Zoom meeting was held on Wednesday, March 27, 2024, at4 4 P.M. (CDT), in Room #3, County Complex.  PUBLICTO ATTEND ELECTRONICALLY PURSUANTTOSTATE: EXECUTIVE ORDER.  CALLTO ORDER PLEDGE OF ALLEGIANCE Pledge of Allegiance was recited. ROLL CALL Adam Koronka - Present Michael Rosenbaum - Present Scott Cooley - Present Tom Fath - Absent Randy Novak- - Present Mark Parkman - Present Rich Mrozinski- - Present  Meeting called to order by President Novak at 4:00 P.M.  Jennifer Farlie, La Porte Community Schools - Ex-Officio- - Present County Planner, and Mary Jane Thomas, MjThomas & Associates.  Others Present: Attorney Guy DiMartino, RDC Attorney; Matt Reardon, MCR Partners; Mitch Bishop, Michael Rosenbaum motioned to amend the agenda by removing the consideration of the D & M Excavating Pay Application #21 (retainage release) from the Claim Docket. Mark Parkman asked if the retainage release should just be reduced. Attorney DiMartino stated without knowing the dollar amounts of the contractor's outstanding liens or invoices related to the project, he could not recommend reducing the amount of retainage release. Scott Cooley seconded the motion. The  APPROVAL OF THE AGENDA  motion carried unanimously. PUBLIC COMMENT None APPROVAL OF MINUTES COMMUNICATIONS  Scott Cooley motioned to approve the February 28, 2024 meeting minutes as presented. Alan  Koronka seconded the motion. The motion carried unanimously.  Auditor request for Treasurer report  Auditor's office to prepare March '24 automated PO's  1    LA PORTE COUNTY REDEVELOPMENT COMMISSION MEETING MINUTES  March 27, 2024  Mail- Auditor's office picked up mail sorted/filed Auditor's office delivered February signed PO's H-D re: March '24 claims legal ad publication Distributed March '24 agenda to media Nipsco invoice from Building Maintenance  Cender/Dalton annual report documentation; minutes, resolutions, financials Cender Dalton/Barnes and Thornburg re: Great Lakes Capital Bond  TREASURER'S REPORT 421/-94#1-5276631 421/1-94#2-$0 KIDC-$91,125 39 North $99,000  Michael Rosenbaum motioned to approve the Treasurer's Report. Alan Koronka seconded the  motion. The motion carried unanimously.  CLAIMS TIF KIDC MCR Partners Subtotal  VENDOR NAME MCR Partners US421#1 Herald - Dispatch NIPSCO MCR Partners Guy S. DiMartino  DESCRIPTION  AMOUNT TOTALS $3,000.00 $2,000.00 $32.10 $425.27 $72.93 $1,000.00 $1,500.00 Subtotal  March '24 Professional Services March '24 Professional Services Legal Claim Publication  $3,000.00  D&-MEXeaVating-ne Els-Prgeet-Fina-Retalnage-Release  Liftstation Electrical Service Jan-Feb' '23 March '24 Professional Services February '24 Legal Services  Subtotal 39N  $2,105.03  $2,500.00  TOTAL OF REGULAR CLAIMS $7,605.03  DESCRIPTION  AMOUNT TOTALS $125,159.79  D&M-EKGaMtng-ne-PaPAPPHAHARretainagerelease)  Sewre-Bemdpreseets,  TOTAL OF PROJECT CLAIMS $125,159.79  President Novak read the claims as presented for payment for the Kingsbury Industrial Park (KIDC) TIF area from the Claim Docket. Rich Mrozinski motioned to approve the Kingsbury Industrial Park (KIDC) TIF area claims in the amount of $3,000.00. Mark Parkman seconded the motion. The motion carried  unanimously.  2    LA PORTE COUNTY REDEVELOPMENT COMMISSION MEETING MINUTES  March 27, 2024  President Novak read the claims as presented for payment for the US421#1 TIF area from the Claim Docket. Michael Rosenbaum motioned to approve the US421#1TIF area claims in the amount of $2,105.03 (updated amount). Scott Cooley seconded the motion. The motion carried unanimously. President Novak read the claims as presented for payment for the 39 North TIF area from the Claim Docket. Michael Rosenbaum motioned to approve the 39 North TIF area claims in the amount of  $2,500.00. Rich Mrozinski seconded the motion. The motion carried unanimously.  OLD BUSINESS  1. 421/194TIF Project Update - Matt Reardon; MCR Partners completed the full amount of retainage will be held.  Matt Reardon reported that the contractor's work should be done according to a utility service providers' specification and agreed with Attorney DiMartino that until the project is satisfactorily President Novak asked if Mr. Reardon had an update on the motel. Mr. Reardon responded no. Matt Reardon announced a company visited as site last week int the industrial park. The company's investment totals $300 million. The company's product is not related to agriculture. Mr. Reardon stated the park continues to attract businesses. He stated with the recent legislation which states no foreign adversary can buy or lease farmland is effective July 1, 2024. This law affects the current negotiations with potential buyers with substantial investments. Ifthese buyers purchase the property prior to. July 1, 2024, there could still be the issue of getting permits approved. Mr. Reardon stated he has instructed his staff to review past and future leads to comply with this new Matt Reardon reported that along with County Planner Mitch Bishop, they will draft a Request for Proposal to perform a land survey for KIP. The survey is needed to identify potential road easements related to future road improvements in the park. Once the survey is completed, the property owners will be notified that a general utility easement is needed for county road paving Mr. Reardon announced JBC Rail owner, Jim Carrol, plans to hold a rail BBQ party to celebrate the rail mprovements/CSX rail connection and to thank the county officials for their hard work. Mr. Reardon added. JBC Rail is continuing to build more rail. JBC Rail has requested reimbursement of construction costs for extending the rail from their property to the rail bridge. He added this is similar protocol of the installation of other utilities, such as NIPSCO. Mr. Reardon stated he will engage with Mr. Carrol in this matter. President Novak asked if this would set precedence for others such as Kingsbury Elevator. Mr. Reardon responded maybe but Kingsbury Elevator President Novak asked for an update on the CN rail connection. Mr. Reardon stated that negotiations are ongoing with a property owner in an attempt to avoid condemnation which is  2. Kingsbury Industrial Park (KIP) Update - Matt Reardon; MCR Partners  law.  and potential rail track and will request a donation of the easement.  received ai tax abatement, and the fee was also waived.  costly.  3. 39N Update - Matt Reardon; MCR Partners  Mr. Reardon reported the annexation by the City of La Porte has been completed. He stated He will meet with Bert Cook, Executive Director of the Lal Porte Economic Advancement Partnership,  3    LA PORTE COUNTY REDEVELOPMENT COMMISSION MEETING MINUTES  March 27, 2024  to transition the TIF from the county to the City of La Porte. This will allow the carryover of the TIF area's base year. The county will stop receiving the incremental tax revenue. Mr. Reardon added the next step is toi identify areasi in need of utility infrastructure between the city boundary and county line along Highway 20. Mark Parkman asked with the annexation of the 39 North TIF Area by the City of La Porte, is the capacity provided by the city's utilities enough to continue extending into a new county TIF area. Mr. Reardon responded he confirmed the main lines and facility plants are of excessive size to allow for additional development ini the future.  4. 35/194 TIF Update - Matt Reardon; MCR Partners  Matt Reardon reported he met with the City of Michigan City Mayor Angie Nelson Deuitch and appears she is happy with the utility project and thankful the La Porte County Redevelopment Commission and County Council plans to extend the utilities and develop the corridor.  NEW BUSINESS  1. TIF Annual Report for 2023 and Overlapping Units Report  Mr. Karl Cender presented the 2023 Annual Report, required by Indiana Statute, which contains financial information as well as the listing of all the parcels for all the TIF areas. This report is uploaded toi the Indiana Gateway website. Michael Rosenbaum motioned to approve the 2023 Annual Report as presented. Scott Cooley seconded the motion. The motion carried unanimously. Michael Rosenbaum thanked Mr. Cender fori the simplicity of the report. Itwas 2. Consideration of Resolution #2024-001 of the LaPorte County Redevelopment Commission Concerning the 2025 Budget Year Determination for Tax Increment for the LaPorte County Michael Rosenbaum motioned to approve the resolution by title only. Alan Koronka seconded the motion. The motion carried unanimously. The resolution title was read. Michael Rosenbaum motioned to approve the Resolution of the LaPorte County Redevelopment Commission Concerning the 2025 Budget Year Determination for Tax Increment for the LaPorte County Redevelopment Commission Allocation Areas. Mark Parkman seconded the motion. The motion carried unanimously. Attorney DiMartino added that the annual report  stated the report will be uploaded to the county's website.  Redevelopment Commission Allocation Areas  includes who's allowed to appropriate or control redevelopment funds. 3. Great Lakes Capital Bond Update-Matt Reardon; MCR Partners Matt Reardon reported the Great Lake Capital Project is moving forward.  4. Consideration of Resolution #2024-002 of the LaPorte County Redevelopment Commission Approving Amendments to the Declaratory Resolution and the Economic Development Plan for the I-94/U.S. Route 421 Economic Development Area for the Purpose of Establishing a Karl Cender explained that by amending this resolution one parcel will be removed from the I-94/421 TIF Allocation Area to ar new Allocation Areal by itself. Mr. Rosenbaum confirmed that the current I-94/421 TIF will not lose revenue due to the property having been vacant land and did not generate revenue tot the TIF. Michael Rosenbaum motioned to approve the resolution by title only. Alan Koronka seconded the motion. The motion carried unanimously. The resolution title was read. Michael Rosenbaum motioned to approve Resolution #2024-002 of the LaPorte County Redevelopment Commission Approving Amendments to the Declaratory  New Allocation Area and Related Matters.  4    LAI PORTE COUNTY REDEVELOPMENT COMMISSION MEETING MINUTES  March 27, 2024  Resolution and the Economic Development Plan for the I-94/U.S. Route 421 Economic Development Area for the Purpose of Establishing a New Allocation Area and Related Matters.  Alan Koronka seconded the motion. The motion carried unanimously.  OTHER BUSINESS  President Novak asked Mr. Reardon to provide an update on the recent meeting with the New Carlisle (St.. Joseph County) town officials and school officials. Mr. Reardon reported he along with President Novak and Mr. Rosenbaum attended the meeting. Thei topic was the planned 1.5million square foot production facility for batteries and 2 million square foot data center and the need for residential housing for the employees the project will attract. These bi-monthly meetings are planned to continue to brainstorm ways La Porte County can contribute near the county line. President Novak mentioned the huge potential for additional development including new: schools and shopping fori the resident workers. Alan Koronka asked if Mr. Reardon could connect with the construction contractor for the new battery and data center to suggest that La Porte County's manufacturing product companies could be utilized for the purchase ofr raw building materials for the project. Michael Rosenbaum added that La Porte County should ask the state for more funding similar to St. Joseph County's state funding. Mr. Reardon added La Porte County has received $1,600,000 for recent projects and he will reach out to the state when a promising lead Alan Koronka asked if Kingsbury Industrial Park has enough water and sewer capacity to serve additional development in the park. Mr. Reardon stated there is enough water and sewer operational capacity for data centers or distribution centers but he is not sure about food Mr. Reardon suggested secondary access in and out of Kingsbury Industrial Park could ease the  presents itself.  processing.  instances when the primary Hupp Road access is blocked.  ADJOURNMENT  Michael Rosenbaum motioned to adjourn the meeting at 4:51pm. Tom Fath seconded the motion.  The motion carried unanimously. The next meeting will be held April 24, 2024.  Bl Randy/Novak President  Attest: moRs Mark Parkman Secretary  5