Carmel Council Meeting: May 18, 2026 – Speed Humps, Proscinium III, and Bond Refinancing
Carmel City Council Meeting – May 18, 2026
The City of Carmel Council met on Monday, May 18, 2026, at 6:01 p.m. to 8:54 p.m. The meeting covered a wide range of topics including public safety concerns on West Road, approval of a major mixed-use development (Proscinium III), and introduction of a bond refinancing package. Key outcomes included approval of speed humps on West Road, vacation of public right-of-way for the Proscinium III project, and initiation of a process to refund up to $12 million in bonds.
Consent Calendar
- Approval of minutes: April 20 special meeting, April 20 regular meeting, and May 7 special claims meeting. Motion carried.
- Approval of claims: General claims of $1,876,091.47 and wire transfers of $9,486,916.14. Motion carried.
Public Comments & Testimony
- Eleven residents spoke, all addressing the speed and safety issues on West Road between 121st and 131st streets. Speakers included Luke Edgerton, Stacia Schneider, Mr. Bauer, Jake Edgerton, Janine Zee Cheng, Ms. Cooper, Richard Cooper, Rob Cooper, and Mimi.
- Luke Edgerton described West Road as a "drag strip" with speeds of 55–60 mph in a 30 mph zone, and noted that 80% of residents supported speed bumps but Brendan Orchard residents were not impacted by the safety issue.
- Stacia Schneider reported cars racing and losing control, ending in her yard. She suggested depressions instead of bumps for snow plow concerns.
- Mr. Bauer said he can no longer walk his dog on West Road due to speeds.
- Jake Edgerton reported speeds exceeding 90 mph and expressed fear for his children.
- Janine Zee Cheng, a pediatrician, presented data: speed limit is 30 mph, many drivers go much faster, temporary speed humps were effective, and she urged permanent installation to prevent tragedies.
- Ms. Cooper noted 1,500 cars per day, dangerous conditions for children, and that the bus driver called the road "bad."
- Rob Cooper cited 1,700 cars per day, average speed 55–58 mph, and accidents in his yard, including a teenage driver who broke both wrists.
- Mimi reported cars demolishing mailboxes and fleeing, and she asked the council to be compassionate.
- Sawyer Hargrove (Carmel Mayor's Youth Council) spoke on a different topic: the "Get Moving in May" campaign and the importance of public spaces like the Monon for physical activity. He urged continued support.
Discussion Items
- Home Place Sub-Area Plan (Resolution CC-12012504): Approved as an amendment to the Carmel Comprehensive Plan after over a year of vetting by the Plan Commission and Land Use Committee. Unanimous vote.
- Proscinium III – Vacation of Public Right-of-Way (Ordinance D-2815-26 & D-2816-26): Henry Mastecki presented the 123 million dollar project including 100,000 sq ft of office, a 128-room upper upscale Tapestry hotel, apartments, and a public parking garage. The developer requested an increase from 95% to 100% TIF allocation due to state law (SEA1) reducing future taxes on the multifamily component by 36%, which broke the original financing model. Council members discussed the change, public access to the grand stair tower and viewing deck, and ADA compliance. Some expressed concerns about 100% TIF and past commitments. After debate, both ordinances passed 8–1.
- Short-Term Rental Regulations (Ordinance Z-706-26): Presentation by Corporation Counsel Sergey Gretchuk explained the ordinance aligns Carmel's short-term rental rules with new state law (IC 36-1-24). Changes include a permitting process for owner-occupied properties and allowing non-owner-occupied properties to apply for a special exception. Public hearing held, no speakers. The council suspended rules and approved.
- Volunteer Carmel Appropriation (Ordinance D-2819-26): Additional appropriation of $20,000 from the general fund to cover insurance, volunteer t-shirts, and background checks. Approved.
- Bond Refinancing (Ordinance D-2822-26 and associated resolutions): The city proposed issuing up to $12 million in general obligation refunding bonds to refinance older bonds from 2016 and stormwater bonds from 2020, achieving estimated savings of $9–11 million. The item was introduced and moved to the Finance and Rules Committee for further vetting. Councilor Snyder requested that the committee also review what optionality is given up and confirm the timing makes sense given upcoming financial constraints (SEA1 revenue losses).
- City Asset Repairs and Maintenance Fund (Ordinance D-2824-26, D-2823-26, and Resolution CC-05-18-26-05): Creation of a non-reverting fund to hold insurance proceeds and other receipts for repairs of city assets, with a transfer of $1.074 million from the general fund (insurance payment for 106th Street Bridge damage). Councilor Snyder requested strict controls on spending from the fund. Introduced and sent to committee.
- Easement Vacation (Ordinance D-2821-26): Vacation of drainage and utility easements at 1372 Ridgegate Lane and 10450 Laurel Ridge Lane. Only city interest was overland drainage flow; other easements will be relocated. Approved on suspension of rules.
- West Road Speed Humps (Ordinance D-2813-26): Following public testimony, Dr. Joshi presented the ordinance adding speed humps on West Road between 121st and 131st streets. The residents met a rigorous seven-step process and a 27.6 point threshold (above the 25 required). Signatories on the petition are financially responsible for removal if needed within five years. Council approved unanimously after suspending rules, with acknowledgment of the inconvenience but necessity for safety. Councilor Green suggested residents could consider dedicating an easement for a future multi-use path.
- Parking Violation Penalties (Ordinance D-2820-26): Amendments to allow the clerk to designate vendors for parking violations, expand enforcement to park and code enforcement officers, allow mailing of violations, and increase fees for general and handicapped parking violations. Introduced and sent to committee.
Key Outcomes
- Consent Calendar: Approved unanimously.
- Home Place Sub-Area Plan: Approved unanimously.
- Proscinium III Right-of-Way Vacations (D-2815-26 and D-2816-26): Approved 8–1 each. The project will move forward with 100% TIF allocation and public parking included.
- Short-Term Rental Ordinance (Z-706-26): Approved after suspension of rules.
- Volunteer Carmel Funding (D-2819-26): Approved.
- Bond Refinancing (D-2822-26): Introduced and referred to Finance and Rules Committee for further discussion.
- Asset Repairs Fund (D-2824-26, D-2823-26, Resolution): Introduced and sent to committee.
- Easement Vacation (D-2821-26): Approved.
- West Road Speed Humps (D-2813-26): Approved after suspension of rules.
- Parking Penalties (D-2820-26): Introduced and sent to committee.
Committee Reports (Notable)
- Parks and Recreation (Michael Klitzing): Quarterly report highlighted opening of water park, summer camps (90–100% full), plans for Veterans Park (1.6 acres, public restrooms provided by developer, 6 waterfalls representing military branches), Bear Creek Park playground, and the loss of the maintenance barn to a fire. Parks was named a finalist for the National Gold Medal Award for the third time.
- Carmel Redevelopment (Henry Mastecki): Monthly construction progress update on Monon Square North, Magnolia, Civic Square Condos, Icon, and Heron Club (age-restricted, closing expected August/September 2026).
- Historic Preservation Commission: Reported completion of North Rangeline Road District documentation, facade grant round (10 applications), and passed state review with flying colors.
- Audit Committee: Audit for fiscal year ending 2024 started April 1, 2026, and is expected to be completed by June 30. City awarded Certificate of Achievement for Excellence in Financial Reporting (CFOA) for the fourth consecutive year.
Announcements
- Memorial Day ceremony: Friday, May 22, 2026, 9–10 a.m. at Carmel Clay Veterans Memorial.
- "Beyond the Headlines: Veterans Stories" event: June 26, 2026, 2–4 p.m. at American Legion Post 155.
- Mayor's Advisory Commission on Housing: May 28, 2026, 9 a.m. at City Council Chambers.
Meeting Transcript
The Monday, May 18th, 2026, City of Carmel Council meeting. First item on the agenda, or excuse me, at 6.01 p.m. First item is agenda approval. Second. Up next, we have our invocation by fire department chaplain, Mr. Dave Hookie. Grateful to be here. Is it on? Okay. Grateful to be here. Will you uh bow your heads? I'd love to pray for us. God, thank you for this day that you've made. We recognize it as a gift from you. God, thank you for your faithfulness, goodness, grace, and mercy in our lives. You are so good. Thank you for the blessing of our city for its beauty for the families who call it home and for the people who serve this community every single day. We're especially grateful for the leaders in this room and the responsibility they carry. Leadership is a high calling, and it's not easy. So God give them wisdom to lead well, strength to serve with integrity and clarity in every decision they make. Thank you for their sacrifice and dedication to making this city a better place. God, thank you for the people who serve our city, council members, city leaders, our mayor, police officers, firefighters, teachers, and so many others who carry responsibility behind the scenes, strengthen them and encourage them tonight. As the council gathers tonight, I pray your blessing over every person here. Grant wisdom, discernment, humility, and unity, even when there are different opinions. Guard hearts from pride, division, and selfish ambition. Help each person seek not their own agenda but the good of the people they serve. God, we pray for Carmel to continue to be a city marked by compassion, generosity, selflessness, and hope. Help us to be salt and light here to love people well, serve people well, and above all, God, may we recognize you, not leaving you out, but putting you at the center of all we do. God, thank you for your love and for your grace for each and every one of us, and it's in Jesus' name. Amen. Thank you, Chaplain. Uh next up is our Pledge of Allegiance led by our deputy mayor. Do I start now? Yep. I pledge allegiance to the flag of the United States of America. And to the ballot stands on a nation under God and indivisible liberty and justice for all. Well done. Recognition of city employees, outstanding citizens. None on the docket this evening. Um recognition of persons who wish to address the council. We do have quite a few tonight. In fact, we've got 11. And they're all pretty, I think they're all regarding the same issue, uh, which is great, and we want to hear from everybody. Uh, if you could just try for factual things, um, not be repetitive. I think you guys have done a wonderful job sending emails. Um, if we could just try to be respectful of time, but we will be respectful of yours. So you get three minutes, and if you want to take it all, that's your right to do so. Um you get up there, you'll hit the button. It will be yellow when you have 30 seconds left. And turn red when you if you see it turn red, just if you would kindly finish up the sentence you're on.
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