Legislative and Other Updates - Indiana Commercial … and Legislative Update Leslie Wagner Director of Project Management GINOVUS Topics for Discussion •Economic Development Incentive

Legislative and Other Updates

Economic Development Incentives and Legislative Update

Leslie WagnerDirector of Project Management

GINOVUS

Topics for Discussion

• Economic Development Incentive Tools

• Legislative Updates

• Regional Cities Initiative

Indiana Financial Incentive ToolsLocal and State Level

Q: Why are incentives offered?

A: To help strengthen the economy and increase opportunities for employment

Q: What companies are eligible to receive incentives

A: Growing companies within various industry sectorsManufacturers Information Technology

Logistics/Distribution Life Sciences

Financial Services

A Growing Company Is One That Is….

• Increasing net new employment

• Making capital investment in either real and/or personal property

• Staying/growing current location

• Relocating to a new location

• Consolidating multiple locations

Economic Development For a Growing Economy(EDGE)

• Refundable corporate income tax credit

• % award of expected increase in tax withholdings

• Phased in annually for up to 10 years

• In the event tax credit exceeds corporate tax liability, the difference is refunded in cash

Hoosier Business Investment Tax Credit (HBI)

• Non-refundable credit based upon a negotiated percentage investment in eligible expenses - such as building construction, improvements and machinery and equipment

• May be passed through or carried forward to the subsequent taxable year

Skills Enhancement Fund (SEF)

• Workforce is a critical issue for employers. Training funding available to support incumbent and new workers extremely helpful to companies.

• Cash reimbursement of eligible training expenses, up to 50%.

• Training is all inclusive – everything from soft skills, to fork lift driving, to skilled technology. Basically what is important to the company is important to the state.

Community Revitalization Enhancement District (CRED)

• Credit for up to 25% of a qualified investment for rehabilitation or redevelopment of property located within a revitalization district

• Allows gov’t to capture sales and income tax, that can then be utilized to offset needed site, infrastructure, remediation, operating expenses

• Applied against state and local tax liability

• May be passed through or carried forward to the subsequent taxable year

Community Revitalization Enhancement District (CReD)

Industrial Recovery Tax Credit

• Incentive for companies investing in former industrial facilities that require rehabilitation

• Credit for a percentage of the qualified investment depending on when the plant was first placed in service

– 15% - 15 to 29 years

– 20% - 30 to 39 years

– 25% - 40+ years

Economic Development Legislative Updates

• SB 232 – Authorizes a county, consolidated city or second class city to establish a land bank to manage and improve marketability of distressed real property

• SB 378 – variations to IEDC authorities – primarily relating to taxpayer non-compliance with incentive agreements. Put into the hands of DOR to assess non compliance penalties – rapid response to Carrier Corporation move who received $1.6M in incentives, then decided to move to Mexico

Regional Cities Legislative Update

• Quality of place improvements in 7 Indiana regions

– Strategic plans were submitted to IEDC

– 420 quality of place projects totaling $8.4 billion

• Designed to attract talent to Indiana

• Funded through tax amnesty program

• Only the top two plans were to be funded

• IEDC surprised the General Assembly byapproving 3 plans

Regional Cities Authorization

Regional Cities Authorization

– North Central – (South Bend) “Innovate Indiana Plan”• 40 projects including renovation to South Bend’s former

Studebacker buildings and improvements to Ignition Park

– Northeast – (Fort Wayne) “Road to One Million Plan”• 41 projects including a regional trails network and riverfront

development in downtown Fort Wayne

– Southwest (Evansville) “Indiana’s Great Southwest Plan” • 19 projects including medical research center in

Downtown Evansville and updates to the Evansville Regional Airport

Recent Project Case Study

Growing IT company staying in existing location

Current employment: 167

New jobs created by 2018: 69

Average wage: $45.63/hr

Investment: $1.3M (lease costs)

Incentives negotiated = $1,225,000

Average incentive per new job = $17,753

Recent Project Case Study

New to Indiana logistics/distribution facility

Current employment: 0

New jobs to be created by 2019: 185

Average wage level: $17.32 /hr

Investment: $22M (real & personal)

Incentives negotiated = $5.2M

Average incentive per new job = $28,108

Questions

Thank You

GINOVUS

Delivery, Legislation and Indy Re-Zone Updates

Tim Jensen, PE, LEED APOwner/Founder

Veridus Group, Inc.

OR / CPM ENGINEERING REAL ESTATE SERVICES

• Owner’s Representation

• Capital Program Management

• Construction Process Management

• Site Planning/Engineering

• Development Services

• Drainage and Utility Design

• Erosion Control Design

• Brokerage

• Consulting

• Property Management

Develop Design Deliver

What are we going to cover?

• Project Delivery Methods

• Recent Legislation Affecting Project Delivery

• Local Ordinance Changes – Indy Re-Zone

Why do you care?

Project Delivery Methods

• What is Project Delivery?

• Design – Bid – Build (DBB)

• Design / Build (DB)

• Construction Manager at Risk (CMaR)

• Construction Manager Agency (CMA)

• Construction Manager as Constructor (CMaC)

• Integrated Project Delivery (IPD)

Recent Legislation

• Common Construction Wage

• Construction Managers as Constructors

Indy Re-Zone

• Took effect April 1, 2016

• More sustainable, more livable

• Update and modernize the code

• Make the code easier to read and understand

Information taken from the “Intro to Indy Rezone” as presented by the Indianapolis

Neighborhood Resource Center

Indy Re-Zone

• Zoning code is organized into 5 chapters

• 740 – General Provisions

• 741 – Subdivision Regulations

• 742 – Districts

• 743 – Uses and Use-Specific Standards

• 744 – Development Standards

Sec. 740-201.A.1.b.i

Chapter 740 – General Provisions

• Provisions apply throughout the other 4 chapters

• Definitions, Language, Measurements and Calcs,

Performance Standards

• Article V – Compact and Metro Context Area

• Map is adopted as part of the ordinance

• Will be layer on GIS

• May affect development standards



• Article VIII – Improvement Location Permits (ILP)

• Mostly carried over with some changes per DCE

• Added new sections to require:

• Elevations, Landscape and Lighting Plans

• Other changes for mining and wellfield areas

• Article IX – Floodplain Development Permits

Chapter 741 – Subdivision Regulations

• Major changes to improve the quality of new

development. Key changes include:

• Now applies to commercial and industrial

• Greater emphasis on connectivity

• Emphasis on open space requirements

• Require LID in Metro Context Area

• Added stream corridor protection

• Platting – more later

Chapter 742 – Districts

• Article I – Primary Districts

• Identifies each district

• Purpose statement

• Tables with some standards

• Illustrations

• Additional standards that are unique to that district




• Article I – Key Changes

• Dwelling – D-12 eliminated, renamed as D-5

• Industrial – No longer U or S categories

• Commercial –

• C-6 eliminated, renamed C-4

• C-ID eliminated, renamed C-7

• C-2, C-3C districts renamed MU-1 and MU-2

• Mixed Use – New Classification


• Article II – Secondary Districts

• Regional Center – no changes

• Flood Control – Important changes

• Wellfield – Important changes

• Airspace – No changes

• Gravel, Sand, Borrow (GSB) – Important Changes

Chapter 743 – Use and Use-Specific Standards

• Article II – Use Table

• Changed what uses are permitted in some districts

• Consolidated uses (570 to ~150)

• Separate listing of Temporary and Accessory Uses

• Vacant Provision

• All new concept

• Added to encourage adaptive re-use

• Only for existing buildings

• Limited to commercial and industrial districts



• Article III – Use-Specific Standards

• Provides regulatory detail

• Always check for a given use

• See table for spacing

• Separate listing for temporary and accessory uses


Chapter 744 – Development Standards

• Article II – Lot and Building Dimensions

• Summarized into Tables 744-201 (1-6)

• New Construction for Non-conformities

• Special Dimension Standards

• Height Exceptions and Encroachments




• Article III – Access and Connectivity

• Includes new standards for accessible paths

• Sidewalk provisions

• Private Streets and interior access drives



• Article IV – Parking, Loading and Drive-Through

• Changes in off-street parking requirements

• Article V – Landscaping and Screening

• Important changes – “Green Factor”

• Article VI – Street and Exterior Lighting

• New Requirements

• Article VII – Design Standards

• Reserved for future regulations

www.indy.gov/eGov/City/DMD/Current/Pages/ordinance.aspx

Find the complete ordinance and attachments at:

Indy Re-Zone

ALTA SURVEY STANDARDS AND INDYREZONE PLATTING CHANGES

Bryan Moll, PS

Vice President

American Structurepoint, Inc.

Topics of Discussion

• IndyRezone Platting requirements

• ALTA Survey Standards 2016

• Types of Surveys and their intended uses

IndyRezone Platting Changes

• General Subdivision Provisions

– Title and jurisdiction

– Purpose

– Authority

– Committee Action

– Applicability

IndyRezone Platting Changes

• Subdivision Approval Procedures

– Classification of subdivisions

– Authority to file applications

– Documents submitted for primary approval

– Documents submitted for secondary approval

– Waiver of standards and specs

– Effective period of primary plat approval

– Secondary approval

• Subdivision Approval Procedures cont.

– Recording of plats

– Completion and maintenance of improvements

– Performance surety

– Completion and compliance

– Maintenance bond

– Minor Amendments to Secondary Plats

• Design and Installation Standards

– General

– Lots and blocks

– Streets and Connectivity

– Traffic Control Devices

– Numbering and naming

– Sidewalks

– Easements

• Design and Installation Standards cont.

– Utilities

– Stream protection corridors

– Common areas, open space and public sites

– Stormwater

– Monuments

– Flood control

– Water supply system

• Design and Installation Standards cont.

– Sewage disposal system

– Street Lighting

• Replats

• Administrative Review Procedures

• Vacations

• Required Covenants

• References

– http://www.indy.gov/egov/City/DMD/Current/Pages/ordinance.aspx

http://www.indy.gov/egov/City/DMD/Current/Pages/ordinance.aspx

2016 ALTA/NSPS Standards

• 2016 Standards replacing the 2011 ALTA/ACSM Land Title Survey Standards

• Effective Date 2/23/2016

• Research to be provided to the surveyor

- Title commitment, adjoiners, easements and covenants


• Monuments

• Rights of Way Survey

– Must field locate each edge of adjacent traveling lane

– Only needed if roadway is not Limited Access R/W

Lines of Possession

Water Features

Presentation of Survey


• Table A Item Changes

– Item #6 – Zoning report provided to the surveyor

– Item #11 – No 11a & 11b any longer, only Item 11 (review with the surveyor prior to starting the project)

– Item #18 – Wetland delineated by qualified specialists

– Item #20 – 20a and 20b eliminated, only 20 now #19


• Table A Item changes cont.

– Item #19 – offsite easements to be provided to survey, no longer survey improvements

– Item #20 – Professional Liability Insurance

– Item #21 – Negotiated Items

Types of Surveys and Use

• ALTA/NSPS Land Title Surveys

– Commercial closings

– Refinance

– Building or Site expansion

Types of Surveys and Use cont.

• Boundary Surveys

– Lender free transaction

– Fence construction

– Map or Plat of improvements along the Boundary Lines

Types of Surveys and Use cont.

• ALTA/Topographic Surveys

– Commercial Transaction with new build or expansion

– All features onsite located with vertical and horizontal components (X, Y and Z)

– File to be used for closing

– File to be provided to an engineer for site design

– Underground utilities shown as well