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2015 Annual Report - Community Investment
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2015 Annual Report - Community Investment
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City Council - City Clerk
City Council - Document Type
Committee Mtg Minutes
City Counci - Date
12/1/2015
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2015Annual Report of the Community Investment Committee <br /> December 1,2015 <br /> Page 2 <br /> • 4315 South Lafayette Boulevard Applicant: Heraeus Kulzer, LLC <br /> • 5021 Nimtz Parkway Applicant: Foster Group LLC <br /> • 5021 Nimtz Parkway Applicant: MGE Wholesale, Inc. <br /> • 5231 Dylan Drive Applicant: Ameriplex Superior Partners <br /> • 3230 South Bend Avenue Rainbow Rascals South Bend LLC <br /> • 1702 Robinson Street Bamar Plastics, Inc. <br /> • 3702 West Sample Street Kruk Electric, LLC <br /> • 111 St. Joseph Street JSK Development, Inc. <br /> • Crescent Oaks, Section Three Tampico Development, LLC <br /> • 4701 Nimtz Parkway Schafer Industries, Inc. <br /> • 325 South Walnut Street Masterbilt, Inc. <br /> • 110 North Main Street Historic JMS Building, LLC <br /> • 824 North St. Peter Street Jeffrey and Mary Spoonhower <br /> • 5115 Dylan Drive Fed-Ex Ground Package System, Inc. <br /> • 5231 Dylan Drive Ameriplex Superior Partners LP <br /> • 810 North St. Peter Street Thomas and Lisa Loughran <br /> • 402 North Sheridan Street Manufacturing Technology, Inc. <br /> • 802 East St. Vincent Street James and Susan Farrington <br /> Additional Developments: <br /> • The Tower at Washington Square <br /> • GLC Portage Prairie <br /> • LaSalle Apartments LLC <br /> • South Bend Mutual Homes, LP <br /> • Establishing an Economic Development Target Area for the Former Chase Tower and parking <br /> area <br /> The Community Investment Committee reviewed detailed information and data for the Economic <br /> Development Income Tax (EDIT) funded Park Bond of$5.8 million, which would have an annual debt <br /> service of$425,000. [Bill No. 01-15]. It was noted at a subsequent Committee meeting that twenty-six <br /> (26) public meetings were held throughout the city to solicit public input to determine Park needs. The <br /> 5-year Park Master Plan has identified over$32 million of potential expenditure areas overall. <br /> The Committee held a public hearing on the proposed lease between the Redevelopment Authority and <br /> the Redevelopment Commission which would allow the execution of bonds in the amount of$25 <br /> million to complete the"Smart Street" initiative. [Bill No. 15-10]. <br /> The Community Investment and Community Relations Committee held a joint meeting on May 21, 2015 <br /> at the Kroc Center for additional public discussions on the West Side Main Streets Revitalization Plan <br /> which would have range between $44 to $47 million of public investment in this area. Development <br />
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