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01-30-14 Redevelopment Commission Minutes
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01-30-14 Redevelopment Commission Minutes
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South Bend Redevelopment Commission <br />Regular Meeting — January 30, 2014 <br />3. APPROVAL OF CLAIMS <br />324 AIRPORT AEDA <br />Downtown South Bend <br />K & R Tree Service <br />Weaver Boos Consultants <br />Hull & Associates, Inc. <br />Jones Petrie Rafinski <br />BSA LifeStructures <br />420 FUND TIF DISTRICT -SBCDA GENERAL <br />CB Richard Ellis <br />South Bend Water Works <br />430 SOUTH SIDE DEVELOPMENT AREA <br />Weaver Boos Consultants <br />Christopher B. Burke Engineering, LLC <br />1,574.18 <br />St. Joseph & Main /Jefferson <br />Surface Lots <br />700.00 <br />Remove diseased Tulip Tree <br />2500 Orange St. <br />7,428.95 <br />Ivy Tower environmental <br />31,127.34 <br />Install Temp, and Perm. GWS <br />Points /Extended General <br />Consulting <br />615.00 <br />Ivy Tower <br />8,169.92 <br />Ignition Pk <br />2,121.26 Management Fee LaSalle Hotel <br />80.00 325 S Lafayette <br />658.33 <br />8,549.00 <br />$ 61,023.98 <br />Environmental Site <br />Characterization <br />South Side Corridor <br />Improvements vs Intersection <br />Upon a motion by Mr. Downes, seconded by Mr. Inks and unanimously carried, the Commission <br />approved the Claims submitted January 30, 2014. <br />4. COMMUNICATIONS <br />There were no Communications. <br />5. OLD BUSINESS <br />(1) Staff report on the refinancing of the Century Center bonds. <br />Mr. Relos noted that last March the Commission approved the refinancing of the 2008 Century <br />Center bonds. The refinancing was put on hold because of rising interest rates at the time. <br />Towards the end of 2014 interest rates moderated, the bonds were placed, and the city will save <br />$1,058,000 and pay them off two years earlier. The original size of the bonds was about <br />$5,000,000. <br />2 <br />
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