HomeMy WebLinkAbout10/06/82 Board of Public Works Special Meeting Minutes430
SPECIAL MEETING
OCTOBER 6, 1982
A special meeting of the Board of Public Works was convened at
8:35 a.m., on Wednesday, October 6, 1982, by President John E.
Leszczynski, with Mr. Leszczynski and Mr. Joseph E. Kernan
present. Also present was Assistant City Attorney Carolyn
Pfotenhauer.
APPROVAL OF COMMUNITY DEVELOPMENT ADDENDUM (SOUTH BEND DEVELOPMENT
CORPORATION) AND AGREEMENT WITH SOUTH BEND DEVELOPMENT CORPORATION
Mr. Jon Hunt, Director of the Department of Redevelopment, explained
that Board approval was requested on Addendum No. 1 to.the contract
previously approved by the Board at its special meeting of
September 23, 1982, with the South Bend Development Corporation.
He stated that the addendum would provide an increase of
$200,000.00 to the existing contract bringing the total amount
to $700,000.00, which funds would be used in the form of loans
to assist in the retaining of Robertsons in the downtown and/or
the attempt to retain "a" retail outlet in downtown. The
additional $200,000.00 would come from the Economic Development
Capital Fund which had been established previously. He advised
that, although several projects were in the formative stage for
possible use of the $200,000.00 within the fund, the administration
had taken the position that, because of the priorities involving the
downtown situation, the funds should be used for the downtown
retail project. Mr. Hunt concluded by informing the Board that
no other changes in the original Community Development contract
approved on September 23, 1982, would be made under Addendum No. 1.
In another matter, Mr. Hunt requested Board approval of a second
contract between the city and the South Bend Development Corporation,
which contract was a separate contract from the one approved on
September 23, 1982. He advised that the new contract would
provide the amount of $102,000.00 for commercial rehabilitation
in the downtown area, which funds would come from the Commercial
Revolving Loan Fund. As evidence of a project which had already
benefited from the fund, Mr. Hunt pointed to the moving and
rehabilitation of a large structure to house General Micro -Computer
on Washington Street which was presently underway. He stated that
a balance of $102,000.00 was left in the fund which would be
transferred to the Economic Development Capital Fund if approved
by the Board. Mr. Kernan asked if the funds had already been
appropriated and if the purpose of the appropriation was consistent
with the intent for use of the funds. Mr. Hunt stated that the
funds had been appropriated and the use of the funds to assist in
the retaining of a retail outlet in downtown South Bend was consistent.
Mr. Leszczynski asked if the funds could be used anywhere within the
city or just in the downtown area. Mr. Hunt stated that it was
originally anticipated that the money would be used in the
targeted Community Development areas. He advised that the contract
would allow for that flexibility, thereby using the funds within
Community Development areas, including downtown.
Upon a motion made by Mr. Kernan, seconded by Mr. Leszczynski and
carried, Addendum No. 1 to the previously approved contract with
the South Bend Development Corporation was approved, and the new
contract with the South Bend Development Corporation for use of
funds from the Commercial Revolving Loan Fund in the amount of
$102,000.00 was also approved.
There being no further business to come before the Board, upon a
motion made by Mr. Leszczynski, seconded by Mr. Kernan and carried,
the meeting was adjourned at 8:45 a.m.
Jo n E. eszc y s i
ATTEST: l`os E . Kernan
ar ara J. Byers, Cl6kk