Bob Bishop attended his first meeting of the Logansport Redevelopment Commission as its executive director Wednesday night, where the contract outlining his duties and compensation was presented.
The one-year agreement pays Bishop $25,000 for contractual services out of the city’s board of public works and safety budget. It also covers expenses like mileage, parking, travel, meals, office supplies and cellular phone and wireless expenses.
It lists duties like carrying out administrative functions, facilitating dialogue with developers and financial institutions, meeting with stakeholders and property owners and regularly reporting to the commission. Bishop will not have a vote on the commission.
The commission has five voting members and one non-voting member who represents the Logansport Community School Corporation. Together they oversee the city’s four tax increment financing, or TIF, districts, which capture the increments of the areas’ total assessed values as they increase over time. Those funds are then used as incentives for development projects.
Joe Buck, president of the redevelopment commission, and Logansport Mayor Ted Franklin negotiated the terms of the contract.
Buck said he and Franklin looked at Bishop’s past service as president of the commission when determining the $25,000 compensation. He said Bishop put in about 1,500 hours last year as president doing the duties of an executive director. The ratio creates a fair payment, he said.
Putting Bishop at the helm will allow the commission to be more proactive by getting projects in the works rather than responding to projects that have been requested, Buck added.
“Previously we’ve done sidewalks and community development,” Buck said. “We’re looking toward economic development more at this point.”
Gary Fox, a member of the commission, said he finds the agreement with Bishop to be fair.
“He did all that stuff for free last year,” Fox said. “He puts a lot of time into getting stuff done. He’s basically just getting compensated for it now.”
The creation of the position and Bishop’s appointment to it stemmed from two narrow city council votes. With Bishop, who is also a council member, abstaining from both votes, it resulted in ties that Franklin broke by opting in favor.