Yeah.

Okay.

Call this Tuesday, June 16th, 2026 meeting in the Evansville Redevelopment Commission to order.

First item of business is the approval of the minutes of the May 19 meeting.

Are there any corrections, comments?

Can I have a motion?

I move that we approve the minutes of the May 19 2026 meeting.

Second.

We have a motion to approve the minutes as written and a second.

All those in favor, please signify by saying aye.

Aye.

Aye.

Alright.

May okay.

So we're good.

We're approved.

Next item is the accounts payable voucher.

Everybody should have a copy, right?

Yeah, okay.

So you can see the items on there.

Are there questions on any of the items recommended for payment?

Just one question.

It's not about for payment or anything.

With the run down Ernst Berger terms of contract, how long does that last?

It lasts until it's done.

I mean, not to be weird, but um we you know it takes as long as it takes.

Um we don't have a um set time because I didn't want it to be rushed, and there's a lot of heavy coordination with the city engineering and water and sewer and center point and stuff to make sure that you know we get on their schedules if we have to have utility relocates and stuff for the project to come through, and and then we've had um significant slowdown on the um Virginia path extension because of the city not getting that um grant from the city engineer's office.

Um so we've had to figure out how to kind of rework our work plan of construction so that we were gonna have to incur like two million dollars of extra cost, and I I said if that's gonna be the case, we're gonna cancel the project.

I was not gonna make this commission do that.

So I've made everybody go back, all these engineers go back to the drawing board and figure something else out.

And if if we have to delay the project a year while another grant cycle goes, we may do that.

So it's kind of all in flux.

Um, yeah, no, there's no rush on it.

Thank you.

Any other questions?

Okay, could I have a motion?

Uh move to approve the uh City of Evansville Accounts voucher voucher register.

I second.

We have a motion to approve the accounts payable voucher register and a second.

All those in favor, please signify by saying aye.

Aye.

Aye.

Opposed.

Okay.

Is there any new business?

No new business.

So I'd like to open a public hearing.

And public hearing is for the next resolution number 26 ERC 13.

This is about refunding bonds.

We're going to use the recommendation is to use the proceeds not to accept exceed 5.3 million to refund some taxable economic development TIFF bonds.

And uh is there any comment or question, Nick?

Would you want to or Lana want to add some explanation or context?

Just the we're gonna re issue bonds in order to pay off the current Evansville Vision bonds.

Um, and the reason why we're doing that, you might recall, is because we need to release two properties that will be the site of the republic.

And so in order to get those two properties released from the current bond issue, we need to pay off that current bond issue and then uh with this uh refunding.

So all this really does is this just says once we issue these new bonds for 5.3 million dollars, we're gonna use those to repay the old bonds.

Right.

Okay.

Any other questions on this?

Okay, all right.