12-14-92 Human Resources & Economic Development

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elLoarre tommittet Zeport HUMAN RESOURCES AND ECONOMIC DEVELOPMENT COMMITTEE go the tommott eouituiU of Mt eity of *outb Vett4: The December 14, 1992 meeting of the Human Resources and Economic Development Committee was called to order by its chairperson Council Member Roland Kelly at 5:05 p.m. in the Council Informal Meeting Room. Persons in attendance included Council Members Luecke, Coleman, Puzzello, Washington, Kelly, Slavinskas,Zakrzewski,Duda and Ladewski; Glenda Rae Hernandez, Cleo eo Hicke Y> Ann Kolata, Michael Beitzinger, Tom McCalley, Don Porter, and Kathleen Cekanski-Farrand. The first item on the agenda was to review Bill No. 103-92 which would transfer $23,000.00 within various accounts within the UDAG Fund. Cleo Hickey presented the Bill. She noted that this transfer from the Colfax theater demolition account is necessary so that the Opelika Building could be acquired. The Department of Economic Development was forced to go to condemnation proceedings. the Court determined that an amount of $366,000.00 is necessary and the 23 000.00 is h Y $ ste remainder amount of money needed to be posted. • In response to a question raised by Council President Luecke it was noted that Beth Leonard could give an accurate balance of the account after this transfer. It was also noted in response to a question raised by Council Member Coleman that once the money is posted that bids will take place in January or February of next year. It was noted that there is interest being shown in the site and that it would be offered on an "as is" basis. Following further discussion, Council Member Slavinskas made a motion, seconded by Council Member Duda, that Bill No. 103-92 be recommended favorably to Council. The motion passed. The Committee then reviewed Resolution No. 92-93 which is a tax abatement request for ten years of real property tax abatement for the property located at 423 East South Streets. Mr. Michael Beitzinger then reviewed the report dated November 16, 1992 (copy attached). Mr. Tom McCalley, President of Briarwood Development Corporation from Carmel, Indiana, then showed plans of the proposed units. In response to a question raised by Council Member Duda it was noted that there would be on site management which would include housing. In response to a question raised by Council Member Luecke it was noted that a one bedroom apartment would have 700 square feet and a three bedroom apartment would have 1200 square feet. Council Member Kelly questioned where the Petitioner has built other units. It was noted that he has developed 48 units in Lebanon, Indiana and he is currently in the process of developing 48 units in DeKalb, Illinois. •