Clarksville Redevelopment Commission Meeting – October 27, 2026

The Clarksville Redevelopment Commission met on October 27, 2026, to approve routine items, receive project updates on several major developments, and pass resolutions to support the Clockworks project and amend TIF allocation areas. The commission also authorized staff to begin negotiations on River Falls Mall common area maintenance costs.

Consent Calendar

• Approval of Minutes: The commission unanimously approved the minutes from the 92-26 regular meeting and the 92-26 executive session meeting, with a correction noted for member April's absence.

Discussion Items

• Project Updates:
  • Josh reported that the Main Street flood wall project is awaiting installation of the flap gate structure (40 feet of road remaining). He stated that the Shields Access Road project is substantially complete; the contractor finished the punch list, allowing final closeout. An amendment for additional inspection costs due to a three-month extension (from July 6 to September 30) was later approved.
  • Richard updated on South Clark Boulevard: right-of-way acquisition and utility relocations continuing; new easements signed. For the Forge project, two concrete panels on Main Street may need removal, asphalt material was found in parking lot fill, and a revised dirt handling agreement has been sent for signature.
  • Tammy provided photos of the flap gate installation at Riverside Drive and Main Street. Main Street is closed for approximately three months for the structure installation. The flap gate itself will be installed later.
  • David presented drone photos of the George project. Progress includes under-slab utilities, framing to third floor, masonry on tower C (90% complete), and upcoming slab pours in November. Foundations along Main Street are the last foundation work.
• River Falls Mall CAM Costs: Glenn presented a preliminary estimate of $110,000–$140,000 for common area maintenance (CAM) costs based on three months of data from CPP. He proposed a 15% allocation for the theater property owned by Coil Group ($16,500–$13,375). Commissioners expressed concern about the limited data and potential inaccuracies. Glenn requested permission to start discussions with Coil, explaining that the final cost would be reconciled annually as a zero-sum arrangement. The commission voted to authorize Glenn to proceed with negotiations.
• Staff Reports: Chris announced he would bring a similar resolution for the Main & Clark property at the next meeting. Tammy noted the need to approve the spending plan in November (deadline December 1) and discussed meeting dates: November 24 (Tuesday before Thanksgiving) and December 22 (before Christmas). Members indicated availability. Harrison is working on extending an EPA Brownfield grant ($250,000 remaining) and seeking reimbursements.

Key Outcomes

• Approved Amendment #1 for Shields Access Road: Increased the professional services contract with Jacoby Tombs and Lands, LLC by $45,000 to a revised total of $225,000 due to project delays. Vote: unanimous.
• Approved Resolution 2026 R-14: Committed up to $8.66 million in local TIF revenues over four years as matching support for the Clockworks project, leveraging a $10 million Indiana Economic Development Corporation grant through the Lilly Endowment LiNk and Remediation Program. Vote: unanimous.
• Approved Resolution 2026 R-15: Amended the declaratory resolution for the Clarksville Commercial Economic Development Area to create South Clarksville Allocation Area 4, removing the Clark’s Landing property (estimated $215.7 million development) from the legacy TIF district. This action does not commit financing. Vote: unanimous.
• Authorized Staff to Negotiate CAM Costs: The commission approved Glenn to begin discussions with Coil Group regarding common area maintenance charges for the River Falls Mall theater property, based on a 15% estimated allocation. The final amount will be reconciled annually.