06-13-13 Redevelopment Commission Minutes

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South Bend Redevelopment Commission Regular Meeting — Thursday, June 13, 2013 6. NEW BUSINESS A. South Bend Central Development Area (2) continued... Upon a motion by Ms. Schey, seconded by Mr. Inks and unanimously carried, the Commission acknowledged the Agreement for Early Termination of Lease with Gates Automotive Corp. for property located at 410 W. Wayne. (3) Proposal for professional services for property located at 410 W. Wayne (Gates Services Center Replat). Mr. Relos noted staff solicited a proposal from Danch, Harner & Associates to provide a Two -Lot Subdivision Replat for the Gates Service Center. The current configuration of the lot the service center is on does not encompass the entire building and includes no additional land for parking. As we move forward with the disposition process to sell or lease this building, we will need a marketable lot. This replat will provide that. The cost to prepare, file, record, and complete the subdivision process is $3,575. Staff requests approval. Upon a motion by Ms. Schey, seconded by Mr. Downes and unanimously carried, the Commission approved the Proposal for professional services for property located at 410 W. Wayne for the scope of services and fee proposed. (4) Staff update of the Hill and Colfax project. Mr. Kain noted that the Hill and Colfax site is a prime development site in the East Bank Village. The Redevelopment Commission purchased the site in 2003, and in 2008 staff engaged with a firm to develop a master plan for the East Bank Village. The Master Plan envisions the entire East Bank Village to be a neighborhood that is eclectic in nature as a mix of different uses ranging from retail commercial to high -tech small business. At the end of March staff issued a call for offers for the site, inviting proposals to develop the site as a mixed use project. Since then staff has received three strong proposals, reviewed them and selected one. Based on the criteria we've established for the site, the project had to be a mixed use project, the development had to have a positive impact on the surrounding neighborhood, existing businesses, school, and everything else that is happening in the neighborhood, and finally, it had to be compatible with the East Bank Village master plan. The development team that staff has chosen is Colfax Hill Partners, LLC, a family partnership, woman owned business. The partnership consists of, Audra Sieradzki, Kim Sieradzki, and David Sieradzki. Audra Sieradzki, whose background is in Commercial Real Estate, worked with a larger national firm out of Chicago, Il., doing tenant advisory work; her responsibilities there included portfolio and strategy development, and implementation of those strategies, for international clients as large as Wrigley to small, private investors and everything in between. She and her husband returned to South Bend and have been here four years. Her 0