03-13-89 Human Resources & Economic Devlopment

Home Browse Search

elammtnPP Ppart HUMAN RESOURCES AND ECONOMIC DEVELOPMENT COMMITTEE WO tilt gammon OIouuctl of ettsj of fly The March 13, 1989 meeting of the Human Resources and Economic Development Committee was called to order by its Chair Person Council Member Steve Luecke at 4: 15 p.m. in the Council informal meeting room. Persons in attendance included Council Members: Coleman,. Voorde, Slavinskas, Niezgodski, Zakrzewski,' Luecke, Soderberg, Duda, and Puzzello; Elizabeth Leonard, Ann Kolata, Jon Hunt, Sherry Shane, James Cook, and Kathleen r?! Cekanski-Farrand. Council Member Luecke suggested that Bill No. 15-89 which would appropriate $450,319 among various accounts within the Department of Economic Development and Bill No. 16-89 which would transfer $334,550 among various . accounts within the Department of Economic Development be heard first. • Beth Leonard` rdviewed both Bills in their entirety, and specifically highlighted each of the proposed expenditures. Mr. Cook gave supporting testimony with regard to the development in the downtown area. It was noted that the loan from the revolving loan fund would be given with Center City Associates operating the overall facility. It was . noted that "second run" films would be shown meaning that the film was being shown for the second time within the City. Approximately $200,000 of tax incremental financing money would be used along with approximately $74, 000 of rollover money. Mr. Cook in his capacity as President of Center City Associates stated that the monies would be used as a loan with the current owner of the property of the Avon Theatre transferring ownership. Miller Theatres of Elkhart would be specifically involved. It was also noted that additional entitlement monies as a result of the Can Am Project would also be utilized. Council Member Luecke stated that he did not have a conflict of interest and further noted that he would provide additional information if necessary at the whole Council meeting this evening. Jon Hunt noted that this Department would like to use the end of 1991 as a goal for ending development in the Monroe Park Area and then move on to another neighborhood. Council Member Luecke noted that CAC gave Monroe Park high marks and if additional monies were available later that they should be spent on that property. Council Member Puzzello noted that residents are in favor of the appropriation. Council Member Luecke noted that South Bend Heritage was also in favor of the appropriation.