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09-09-19 Community Investment
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09-09-19 Community Investment
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City Council - City Clerk
City Council - Document Type
Committee Mtg Minutes
City Counci - Date
9/9/2019
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410 CITY OF SOUTH BEND OFFICE OF THE CLERK <br /> partnered with Century Center,but for very small meetings where the client just really wants to be <br /> in the hotel and have a small meeting. We're using that to accommodate them. So,the relationship <br /> with the Century Center is great. I think that as far as the business center side of the hotel, that's <br /> going very well. <br /> Committee Chair Gavin Ferlic, stated, I think we've got a really good summary. Is there anything <br /> else that the petitioner would like to say? <br /> Mr. Roman stated, I just want to apologize for being one (1) of the two (2) companies this year <br /> that's before you. We made a big mistake,but financially, it would be a big hardship for us where <br /> the hotels are performing now. We had an executive that formerly handled all of this for us and he <br /> was excellent in doing this and we missed the mark internally, we apologize and ask for a one (1) <br /> time assistance with this. <br /> Concilmember Jo M.Broden asked,How about the third(3rd)property that we're looking at today, <br /> the actual Hall of Fame, any updates to that? Or are there any challenges that you'd like to bring <br /> to our attention? <br /> Mr. Roman replied, It's a financial challenge. It's an ongoing challenge to find a Mixed-Use tenant <br /> for that building. We still intend to move in and occupy a portion of that space,which is vey small <br /> in comparison to the size of the structure. We continue to fill inquiries on a regular basis, but <br /> haven't found anything significant or anything that's going to come to fruition at this point. So, <br /> it's more of a financial, well, it's operating at a financial loss basically. <br /> Committee Chair Gavin Ferlic opened the meeting to the public for anyone wishing to speak in <br /> favor or opposition to Bill No. 19-51, Bill No. 19-52 or Bill No. 19-53. Seeing none, Committee <br /> Chair Gavin Ferlic turned back to the Council for any further comment. There were no other <br /> comments from the Council on any of the first(1St)three (3)bills. Committee Chair Gavin Ferlic, <br /> stated that Bill No. 19-51,Bill No. 19-52 and Bill No. 19-53 would be sent to the full Council with <br /> no recommendation due to the fact that there was no quorum. <br /> Bill No. 19-54- Waiver of Non-Compliance for the LaSalle Apartments LLC <br /> Dan Buckenmeyer stated,The project here is LaSalle Apartments at the former LaSalle Hotel.The <br /> petitioner is Real America. Val Parado of Indianapolis who did this project. This one(1)was a ten <br /> (10) year phase in. Almost 13 million in private investment. I will allow them to expand on this, <br /> but I know they've made additional investments recently. At least nine(9) new jobs. There is the <br /> before(referring to the power point presentation,which can be obtained in the City Clerk's Office), <br /> and here is the after grand opening photo. Nine (9) floors, sixty-seven (67) apartments, eight-five <br /> hundred square feet(8,500) of commercial space on the main floor, which most of that is filled up <br /> with amenities for the residents there and so on. So, again, similar situation actually, in this case, <br /> the same form three twenty-two RE (322-RE), that same form that goes to the Auditor, this is <br /> typically a one(1) time form. In this case, because they were midway through the project the first <br /> (1St) year this form was required, because usually it is a one (1) time form, they didn't realize that <br /> it needed to be done a second(2nd)time. And again, as much outreach that Angelina and our team <br /> does to let them know, the County doesn't have that same outreach, so they weren't notified that <br /> there would be other compliance. I'll let them expand on that, but I think that again, it's certainly <br /> EXCELLENCE I ACCOUNTABILITY I INNOVATION I INCLUSION I EMPOWERMENT <br /> 455 County-City Building 227 W.Jefferson Bvld South Bend,Indiana 46601 p 574.235.9221 f574.235.9173 TTD574.235.5567 www.southbendin.gov <br /> 4 <br />
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