The Carmel Redevelopment Commission conducted a meeting May 21 to announce soccersuck the mid-year u

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The Carmel Redevelopment Commission conducted a meeting May 21 to announce soccersuck the mid-year updates to its budget. The changes include several adjustments to account for decreased projections in tax revenues, but also one adjustment that people might notice the CRC will indirectly absorb part of the salary of former CRC director Les Olds.
In January, the Carmel City Center Community Development Corporation paid $34,450 to Olds, for money he claimed he was owed for work beyond his $60,000 contract in 2013. After Olds was effectively fired by the Carmel City Council, it appeared that some councilors didn t think he was owed that money, so to avoid a fight the 4CDC paid the money.
In order to prepare for a decrease in tax increment finance revenue almost $1.7 million less than expected the CRC is looking for ways to cut expenses and increase revenue. The mid-year budget includes an extra $100,000 in energy payments from REI that wasn t originally budgeted. Meyer also is so determined to sell valuable CRC properties, such as the former Shapiro s Deli building, that she put $1 million in expected real estate revenue in her budget update.
And more money could be available, Meyer said. It s important to mention that not included in the final budget is $1.1 million in performing arts bond savings after the recent refinance. This money was originally budgeted to pay off debt and while it is still considered soccersuck an expenditure since it is being moved from revenue to a reserve account, it isn t being spent on bills.
On top of that, Meyer said the CRC has settled all its lawsuits except soccersuck for one: a lawsuit from the city against a contractor who worked on the Palladium. This multi-million dollar contract could mean quite a revenue boost for the CRC, but since the end outcome is unknown, Meyer said it couldn t be planned for just yet. But she said she believes they have a strong case.
August 6, 2013
You have one opportunity to free yourself from association with this deliberate attempt to circumvent your and Council’s agreement. You either soccersuck walk it back now or wear the stinking albatross soccersuck of $34,500 illicit payment around your neck for the next election cycle.
When does it STOP? “This” quasi-governmental soccersuck agency pays THAT quasi-governmental agency’s bills, then deducts it from the amount owed. All to ‘avoid a fight’ (which, in mayor speak means “so no one knows.”) Pathetic. I am beginning to feel Ms Myer was a) lied to when she took the job and b) may want to seriously consider a new client. It seems like she is being set up to be the ‘goat’ in this charade.