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HomeMy WebLinkAbout11-17-03 Redevelopment Commission Minutes1 , „* , 14 C, SOUTH BEND REDEVELOPMENT COMMISSION RESCHEDULED REGULAR MEETING November 17, 2003 10:00 a.m. Presiding: Robert W. Hunt, President 1. ROLL CALL Members Present: Member Absent: Legal Counsel: 227 West Jefferson Boulevard South Bend, Indiana Mr. Robert W. Hunt, President Mr. Philip J. Faccenda, Secretary Mr. Matt Kahn Mr. Hardie Blake, Jr. Ms. Marcia Jones, Vice - President Ms. Cheryl Greene, Esq. Redevelopment Staff: Mr. Donald Inks, Director Mr. Owen Rock, Assistant Director Ms. Pamela Morris, Recording Secretary Mr. Bob Case, Senior Economic Development Planner Mr. Bill Schalliol, Economic Development Planner Mr. Andy Laurent, Economic Development Specialist Ms. Jennifer Hughes, Economic Development Planner Others Present: Ms. Pam Paluszewski, Legal Department Mr. Phil Byrd, South Bend Heritage Foundation 2. APPROVAL OF MINUTES There were no minutes available for approval. THERE WERE NO MINUTES AVAILABLE FOR APPROVAL. 3. APPROVAL OF CLAIMS Redevelopment Commission Claims submitted November 17, 2003 for approval. 212 COMMUNITY DEVELOPMENT (ADMIN) Ann E. Kolata $112.76 SBD Reprographics 212.90 South Bend Tribune 80.37 A South Bend Redevelopment Commission Rescheduled Regular Meeting— November 17, 2003 3. APPROVAL OF CLAIMS (CONT.) 324 AIRPORT ECONOMIC DEVELOPMENT AREA CFH Landscaping Services 422.00 Tri County News 117.57 Walsh & Kelly 138,747.29 Sopko, Nussbaum & Inabnit 1,006.25 South Bend Tribune 83.66 The Troyer Group, Inc. 2,418.00 414 SAMPLE -EWING DEVELOPMENT AREA Baker General Maintenance 100.00 420 SOUTH BEND CENTRAL DEVELOPMENT AREA CFH Landscaping Services 143.00 CB Richard Ellis 125.00 City of South Bend 1,143.88 Lehman & Lehman 4,083.97 Lang, Feeney & Associates, Inc. 3,300.00 424 SBCDA - BUILDING OPERATIONS Mikolajewski & Associates 465.78 TOTAL $152.562.43 Mr. Hunt inquired about the Walsh & Kelly claim in the amount of $138,747.29. Mr. Case advised the claim is for road construction in Blackthorn West related to the Tech Data project. Upon a motion by Mr. Blake, seconded by Mr. Kahn and unanimously carried, the Commission approved the Claims submitted November 17, 2003, and ordered the checks to be released. C 2 COMMISSION APPROVED THE CLAIMS SUBMITTED NOVEMBER 17, 2003, AND ORDERED THE CHECKS TO BE RELEASED. South Bend Redevelopment Commission Rescheduled Regular Meeting— November 17, 2003 4. COMMUNICATIONS There were no Communications. 5. OLD BUSINESS There was no Old Business. 6. NEW BUSINESS A. Public Hearings (1) Public Hearing on Resolution No. 2013 amending the South Side Development Area Development Plan. Mr. Rock noted that the Public Hearing file was complete and requested the following items be entered into the record: (1) Copy of the Notice of Hearing; (2) Copy of Resolution No. 2013; (3) Affidavits from the Tri County News and South Bend Tribune that the Notice of Public Hearing was published in those newspapers on November 7, 2003; (4) Statement from staff that affected property owners and registered neighborhood associations were notified; and (5) As of 10:00 a.m. this morning, no written remonstrances were received. Mr. Schalliol reported that Resolution No. 2013 will amend the South Side Development Area Development Plan to include one (1) property, located at 505 East Ireland Road, to the acquisition list. The property is a single family structure located on the northeast corner of Ireland Road and Fellows Street. The parcel is necessary to facilitate streetscape and corridor improvements within the Erskine Hills shopping district which is located in the South Side Development Area. THERE WERE NO COMMUNICATIONS. THERE WAS NO OLD BUSINESS. South Bend Redevelopment Commission Rescheduled Regular Meeting — November 17, 2003 6. NEW BUSINESS (CONT.) A. Public Hearings (1) continued... Ms. Greene noted that an amendment to the development plan for the area is governed by Indiana Code 36 -7 -14 -17.5 and before approving the proposed amendment, the Commission must make the following findings: (1) the amendment is reasonable and appropriate when considered in relation to the original resolution or development plan and purposes of the Redevelopment Act and; (2) the resolution or plan, as amended, conforms to the comprehensive plan for the City. Mr. Hunt opened the Public Hearing on IL Resolution No. 2013 and asked if there was anyone from the public who wished to speak. There being no one from the public who wished to speak regarding Resolution No. 2013, Mr. Hunt closed the Public Hearing for whatever action the Commission wished to take. (2) Commission approval requested for Resolution No. 2013. Upon a motion by Mr. Faccenda, seconded by Mr. Kahn and unanimously carried, the Commission found the amendment to be appropriate and reasonable, to conform to the comprehensive plan for the City and approved Resolution No. 2013 amending the South Side Development Area Development Plan. (South Side Development Area) L PUBLIC HEARING ON RESOLUTION No. 2013 AMENDING THE SOUTH SIDE DEVELOPMENT AREA DEVELOPMENT PLAN. COMMISSION FOUND THE AMENDMENT TO BE APPROPRIATE AND REASONABLE, TO CONFORM TO THE COMPREHENSIVE PLAN FOR THE CITY AND APPROVED RESOLUTION NO. 2013 AMENDING THE SOUTH SIDE DEVELOPMENT AREA DEVELOPMENT PLAN. (SOUTH SIDE DEVELOPMENT AREA) South Bend Redevelopment Commission Rescheduled Regular Meeting— November 17, 2003 6. NEW BUSINESS (CONT.) A. Public Hearings (3) Public Hearing on Resolution No. 2018 appropriating the additional proceeds (including investment earnings thereon) of the South Bend Redevelopment District Tax Increment Revenue Bonds, Series 2003, authorized by the Redevelopment Commission, to be applied to the cost of property acquisition, redevelopment and economic development in or serving the Airport Economic Development Area. Mr. Rock reported that Resolution No. 2018 will appropriate $16M in bond proceeds for the Airport Economic Development Area. Two current bonds in the Blackthorn area will be paid off and the additional funds will be used for various road construction costs including Cleveland Road, Olive Road, Nimtz Parkway, Bendix Drive and Lincolnway West intersection, and the Bendix Drive relocation. Mr. Rock advised that the public hearing file, which was managed by Baker & Daniels, was complete and requested the following items be entered into the record: (1) Copy of Resolution No. 2017 adopted November 7, 2003; (2) Copy of Notice of Hearing; (3) Affidavits from the Tri County News and South Bend Tribune that the Notice of Public Hearing was published in those newspapers on November 7, 2003; and (4) Copy of Resolution No. 2018. G South Bend Redevelopment Commission Rescheduled Regular Meeting — November 17, 2003 6. NEW BUSINESS (CONT.) A. Public Hearings (3) continued... Mr. Hunt opened the Public Hearing on Resolution No. 2018 and asked if there was anyone from the public who wished to speak. There being no one from the public who wished to speak regarding Resolution No. 2018, Mr. Hunt closed the Public Hearing for whatever action the Commission wished to take. (4) Commission approval requested for Resolution No. 2018. Upon a motion by Mr. Kahn, seconded by r Mr. Blake and unanimously carried, the Commission approved Resolution No. 2018 appropriating the additional proceeds (including investment earnings thereon) of the South Bend Redevelopment District Tax Increment Revenue Bonds, Series 2003, authorized by the Redevelopment Commission, to be applied to the cost of property acquisition, redevelopment and economic development in or serving the Airport Economic Development Area. B. South Bend Central Development Area There was no business in the South Bend Central Development Area. C. Sample -Ewing Development Area (1) Commission approval requested for Access and Indemnification Agreement with Rose Fuel & Materials, Inc. in the Sample -Ewing Development Area. (Oliver Industrial Park) Gl PUBLIC HEARING ON RESOLUTION NO. 2018 APPROPRIATING THE ADDITIONAL PROCEEDS (INCLUDING INVESTMENT EARNINGS THEREON) OF THE SOUTH BEND REDEVELOPMENT DISTRICT TAX INCREMENT REVENUE BONDS, SERIES 2003, AUTHORIZED BY THE REDEVELOPMENT COMMISSION, TO BE APPLIED TO THE COST OF PROPERTY ACQUISITION, REDEVELOPMENT AND ECONOMIC DEVELOPMENT IN OR SERVING THE AIRPORT ECONOMIC DEVELOPMENT AREA. COMMISSION APPROVED RESOLUTION No. 2018 APPROPRIATING THE ADDITIONAL PROCEEDS (INCLUDING INVESTMENT EARNINGS THEREON) OF THE SOUTH BEND REDEVELOPMENT DISTRICT TAX INCREMENT REVENUE BONDS, SERIES 2003, AUTHORIZED BY THE REDEVELOPMENT COMMISSION, TO BE APPLIED TO THE COST OF PROPERTY ACQUISITION, REDEVELOPMENT AND ECONOMIC DEVELOPMENT IN OR SERVING THE AIRPORT ECONOMIC DEVELOPMENT AREA. THERE WAS NO BUSINESS IN THE SOUTH BEND CENTRAL DEVELOPMENT AREA. South Bend Redevelopment Commission Rescheduled Regular Meeting— November 17, 2003 6. NEW BUSINESS (CONT.) C. Sample -Ewing Development Area (1) continued... Mr. Laurent reported that the Access and Indemnification Agreement was the Commission's standard form. On November 13, 2003, the Commission and Rose Fuel closed on the property, including the Oliver boilerhouse and smokestack, which is now 918 Oliver Plow Court. As a result of our ongoing renovation and stabilization activities at that site, we still have approximately two to three weeks of work remaining. Now that Rose Fuel owns the property, the Commission will be indemnifying Rose Fuel for our contractor's work on site. Due to slow response from Rose Fuel & Materials legal counsel, we have not received their comments on the access agreement. Two forms are being presented in order to expedite orderly completion of the project. Staff is requesting the Commission execute both of its standard forms, the short version and the long version for Access and Indemnification. Staff will have the appropriate form signed by the Rose Fuel organization. Mr. Hunt asked if this action was approved by legal counsel. Ms. Greene responded that it was, and both forms were standard in content. The Commission will indemnify the developer for any actions or harm caused by the Commission in their activities. L South Bend Redevelopment Commission Rescheduled Regular Meeting— November 17, 2003 6. NEW BUSINESS (CONT.) C. Sample -Ewing Development Area (1) continued... Upon a motion by Mr. Blake, seconded by Mr. Kahn and unanimously carried, the Commission approved an Access and Indemnification Agreement with Rose Fuel & Materials, Inc. in the Sample -Ewing Development Area. (Oliver Industrial Park) D. Airport Economic Development Area (1) Commission approval requested for proposal for professional services in the Airport Economic Development Area. (Title work at 2502 Lawton Street, Hoosier Tank) Mr. Case reported that to facilitate the acquisition of property at 2502 Lawton Street, staff needs to obtain a current title policy for the property. Staff recommends accepting the proposal from Meridian Title Corporation in the amount of $700. Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission approved the request for professional services in the Airport Economic Development Area and authorized staff to retain Meridian Title Corporation based on the scope of services and fee proposed. (Title work at 2502 Lawton Street, Hoosier Tank) (2) Commission approval requested for proposal for professional services in the Airport Economic Development Area. (Survey work at 2502 Lawton Street, Hoosier Tank) COMMISSION APPROVED AN ACCESS AND INDEMNIFICATION AGREEMENT WITH ROSE FUEL & MATERIALS, INC. IN THE SAMPLE -EWING DEVELOPMENT AREA. (OLIVER INDUSTRIAL PARK) COMMISSION APPROVED THE REQUEST FOR PROFESSIONAL SERVICES IN THE AIRPORT ECONOMIC DEVELOPMENT AREA AND AUTHORIZED STAFF TO RETAIN MERIDIAN TITLE CORPORATION BASED ON THE SCOPE OF SERVICES AND FEE PROPOSED. (TITLE WORK AT 2502 LAWTON STREET, HOOSIER TANK) South Bend Redevelopment Commission ILRescheduled Regular Meeting November 17, 2003 6. NEW BUSINESS (CONT.) D. Airport Economic Development Area (2) continued... Mr. Case reported that to facilitate the acquisition of property at 2502 Lawton Street, staff needs to obtain surveying services for the property. Staff recommends accepting the proposal from The Abonmarche Group in the amount of $3,000. Upon a motion by Mr. Kahn, seconded by COMMISSION APPROVED THE REQUEST FOR Mr. Blake and unanimously carried, the PROFESSIONAL SERVICES IN THE AIRPORT Commission approved the request for ECONOMIC DEVELOPMENT AREA AND professional services in the Airport AUTHORIZED STAFF TO RETAIN THE ABONMARCHE GROUP BASED ON THE SCOPE OF Economic Development Area and SERVICES AND FEE PROPOSED. (SURVEY authorized staff to retain The Abonmarche SERVICES AT 2502 LAWTON STREET, HOOSIER Group based on the scope of services and fee TANK) proposed. (Survey services at 2502 Lawton Street, Hoosier Tank) (3) Commission approval requested for proposals for professional services in the Airport Economic Development Area. (Appraisal services at 2502 Lawton Street, Hoosier Tank) Mr. Case reported that to facilitate the acquisition of property at 2502 Lawton Street, staff is required to obtain two (2) independent industrial property appraisals to make a fair and accurate offer to the owners of the property. Staff recommends accepting the proposals from the following companies: Mr. Bob Huddlestone $1,200 Mr. Bernie Diedrich $1,200 G9 South Bend Redevelopment Commission Rescheduled Regular Meeting November 17, 2003 6. NEW BUSINESS (CONT.) D. Airport Economic Development Area (3) continued... Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission approved the request for professional services in the Airport Economic Development Area and authorized staff to retain Mr. Bob Huddlestone and Mr. Bernie Diedrich based on the scope of services and fees proposed. (Appraisal services at 2502 Lawton Street, Hoosier Tank) E. South Bend Medical Services District There was no business in the South Bend Medical Services District. F. West Washington- Chapin Development Area There was no business in the West Washington - Chapin Development Area. G. South Side Development Area There was no business in the South Side Development Area. H. Other (1) Commission approval requested for Resolution No. 2016 designating the Northeast Neighborhood Development Area, declaring the Northeast Neighborhood Development Area to be blighted, approving a Development Plan and conditions under which relocation payments will be made, and establishing an Allocation Area for purposes of Tax Incremental Financing. 10 COMMISSION APPROVED THE REQUEST FOR PROFESSIONAL SERVICES IN THE AIRPORT ECONOMIC DEVELOPMENT AREA AND AUTHORIZED STAFF TO RETAIN MR. BOB HUDDLESTONE AND MR. BERNIE DIEDRICH BASED ON THE SCOPE OF SERVICES AND FEES PROPOSED. (APPRAISAL SERVICES AT 2502 LAWTON STREET, HOOSIER TANK) THERE WAS NO BUSINESS IN THE SOUTH BEND MEDICAL SERVICES DISTRICT. THERE WAS NO BUSINESS IN THE WEST WASHINGTON -CHAPIN DEVELOPMENT AREA. THERE WAS NO BUSINESS IN THE SOUTH SIDE DEVELOPMENT AREA. South Bend Redevelopment Commission Rescheduled Regular Meeting— November 17, 2003 6. NEW BUSINESS (CONT.) H. Other (1) continued... Ms. Greene noted for the record background information related to Resolution No. 2016. The proposed Northeast Neighborhood Development Area is a new development area that the Commission is seeking to establish. Resolution No. 2016 is the declaratory resolution for the development area which is governed by Indiana Code 36- 7- 14 -15. The purpose of a declaratory resolution is to declare the area as blighted, such that it is a menace to the social and economic interest of the jurisdiction and its inhabitants. The Commission is also, at the time of the declaratory resolution, asked to declare that the plan for the underdeveloped area cannot be achieved by the normal regulatory processes or the ordinary operation of private enterprise without using redevelopment authority powers, and that the accomplishment of the plan for development of that area would be a public utility and benefit by attracting new jobs, keeping existing jobs, increasing the tax base and diversifying the economic base. Ms. Hughes reported that the resolution is the first step in the process of creating a new Development Area in the City of South Bend. Initiating the establishment of a Redevelopment Area is described in Indiana Code 36- 7 -14 -1. Resolution 2016 and the Development Area Plan, Exhibit A, must be approved by the Redevelopment Commission before being presented to the Area Plan Commission of St. Joseph County C 11 South Bend Redevelopment Commission IL Rescheduled Regular Meeting — November 17, 2003 6. NEW BUSINESS (CONT.) H. Other (1) continued... and the Common Council of the City of South Bend. With the subsequent approval of these bodies, and in consideration of any amendments they may make, a Confirming Resolution will come before the Commission in late December. At that time, a public hearing regarding the designation and the Development Plan will be conducted before for final approval by the Commission. A map was displayed entitled "Northeast Neighborhood Development Area" depicting the proposed boundaries of the area. The Area is approximately 616 acres and extends from the St. Joseph River and Niles Avenue on the west to Twyckenham Drive on the east, and from Napoleon Street and the current South Bend City limits on the north to LaSalle Avenue on the south. There are currently five other Development Areas within the City. For each of these, a Development Plan has been put forth and Tax Incremental Financing has been used as a funding mechanism for creating targeted economic growth opportunities. The Northeast Neighborhood will be considered a Redevelopment Area because it meets the statutory requirements for blight. The designation of blight is not specific to a property, but to the general conditions of an entire area. Indications of blight include: 12 South Bend Redevelopment Commission Rescheduled Regular Meeting— November 17, 2003 F 6. NEW BUSINESS (CONT.) H. Other (1) continued... ► lack of development ► cessation of growth ► deterioration of improvements ► character P. occupancy ► age ► obsolescence ► substandard buildings and other factors that impair value or prevent the normal use or development of property. The Northeast Neighborhood is primarily a residential area, situated between the University of Notre Dame campus and the Central Business District. The median household income of the Area is roughly 62% of that of the City of South Bend as a whole. Lack of development in the Northeast Neighborhood is evidenced by not only the lack of new business activity and housing starts, but the retreat of longstanding businesses, institutions and residents. St. Joseph Regional Medical Center administrators have announced that the hospital facility that has existed on LaSalle Avenue for a century will be vacated by 2006. Another high - profile closure was that of Aldi's and Goodwill in 1998. These retail businesses, located on Eddy Street at Five Points, represented not only the commercial hub of the neighborhood but a % 13 South Bend Redevelopment Commission JLRescheduled Regular Meeting— November 17, 2003 6. NEW BUSINESS (CONT.) H. Other (1) continued... positive social nexus as well, one that is critically missing now that residents must leave the neighborhood to shop. Cessation of growth can be seen in population statistics that have not recovered since an initial dramatic decrease in the 1970's. New housing investment reflects almost entirely the activity of not - for - profits targeting the neighborhood for heavily subsidized rehabilitation and infill projects. Between 1994 and 1997, Neighborhood Housing Services added approximately 30 new homeowners to the neighborhood, and IL Habitat for Humanity and the South Bend Housing Authority were the only other housing investors of note. Market rate housing development has not been seen at comparable levels. Deterioration of improvements is apparent throughout the neighborhood, and includes both private property and public infrastructure. Delapidated storefronts and shop windows with burglar bars line Eddy Street and the Five Points area, reinforcing negative perceptions about the viability of commercial enterprise in the area. Absentee landlords are a particular problem in residential areas, as conversions from single family homes to apartments for student rentals have proliferated over time. There are also longtime homeowners, often the elderly, who simply are not physically or financially able to adequately maintain their homes. 14 South Bend Redevelopment Commission ILRescheduled Regular Meeting— November 17, 2003 6. NEW BUSINESS (CONT.) H. Other (1) continued... Lack of minimum setbacks, lack of a buffer between vehicular traffic and sidewalks, lack of pedestrian orientation of any kind, are elements of an obsolete infrastructure system that has not met increased demands over time. State Road 23, South Bend Avenue between Eddy Street and Twyckenham, is currently carrying 15,550 cars per day, exceeding its capacity and typically becoming bottlenecked at peak times. Significant public investment will be required to upgrade this thoroughfare and its interchange with Corby and Eddy at Five Points. Ms. Hughes submitted for the record, a letter dated September 26, 2003 to Mayor Steve Luecke from the Board presidents of both the Northeast Neighborhood Council and the Northeast Neighborhood Revitalization Organization, supporting the City's preferred plan for the expansion of this segment of the State highway. Unanimous consent was given by these representative neighborhood boards to the design supported by the Northeast Neighborhood Development Area Development Plan. The housing stock of the Northeast Neighborhood is some of the oldest in South Bend, though it has not seen the reinvestment other historic neighborhoods closer to downtown have. The neighborhood at its earliest beginnings was a working class neighborhood; therefore, homes were modest to start with. Today the 15 South Bend Redevelopment Commission IL Rescheduled Regular Meeting — November 17, 2003 6. NEW BUSINESS (CONT.) H. Other (1) continued... neighborhood is populated with a high number of non - family households, which tends to include student populations living singly or in groups, and elderly homeowners and renters living alone. The neighborhood as a whole is statistically near the City average in housing condition and vacancy, but pockets of disinvestment and decay are widely apparent. Census Block Groups can be referenced using the displayed small map entitled "Northeast Neighborhood Development Area Census Tracts." Ms. Hughes presented three Tables illustrating the quality of housing stock in geographic areas of the neighborhood, represented by Census block groups. Table 1 references the occupancy of existing structures; showing the rates of occupancy versus vacancy. Vacancy rates range from 8% in Block group 2 to 18% in Block group 3. The neighborhood average is about 13 %. Table 2 points to the character of occupancy. Of the occupied structures, owner- occupied housing versus renter - occupied is shown. There are wide discrepancies here. At 70 %, Block Group 2 shows the strongest home ownership among residents, with Block Group 3 showing only 38% owner occupancy. Table 3 illustrates the median age of homes in the Northeast Neighborhood and median home value of owner - occupied units. Homes are only slightly older on average than the average housing stock in the City. ElG South Bend Redevelopment Commission IL Rescheduled Regular Meeting— November 17, 2003 6. NEW BUSINESS (CONT.) H. Other (1) continued... The 1998 "Housing and Community Development Plan" found that 74% of South Bend's housing stock was built before 1960. 76% of housing units in the Northeast Neighborhood were built before 1960. Block Group 3 home values are far below the other areas represented, and most are below the City's median home value average of $64,206. Substandard buildings are concentrated in pockets slated for Residential and Commercial redevelopment in the Northeast Neighborhood Development Area Plan. Earlier comprehensive and neighborhood plans have documented the blighting influence of these properties. Repeat building code violations and illegal dumping in this area are prevalent. As an example, in the blocks between Georgiana and Duey Streets in the northeastern quadrant of the Development Area, of 103 lots, 56% are vacant lots and 44% have structures. Of the lots with occupied structures, 27% are owner occupied and 73% are occupied by renters. Surveys conducted by South Bend Heritage staff and City of South Bend Community Development staff quantifying code adherence have found a large number of structures in this area to be deteriorating or delapidated. Other factors that hamper normal, private sector -led development include the lack of large development parcels. Marketable sites 17 South Bend Redevelopment Commission Rescheduled Regular Meeting — November 17, 2003 6. NEW BUSINESS (CONT.) H. Other (1) continued... will need to be assembled in order to introduce appealing investment opportunities. The proposed reconfiguration of the Five Points intersection, in particular, will further this goal. The Northeast Neighborhood Development Area Plan is a general development plan that outlines goals, objectives, strategies and proposed activities aimed at the revitalization of the neighborhood. The Plan is the result of a joint commitment and effort of the City and the institutions and neighborhood residents represented by the Northeast Neighborhood Revitalization Organization. The Plan begins with a history and survey of existing conditions in the Area. The Plan also recognizes and draws from previous Plans that have been done for and by neighborhood residents and stakeholders. Ms. Hughes displayed a map entitled "Northeast Neighborhood Development Area Sub - areas" illustrating the 5 sub -areas that are delimited in this Plan. These are Eddy Street Commercial Redevelopment Area, Georgiana- Talbot Residential Redevelopment Area, Homeownership Preservation Area, St. Joseph Regional Medical Center Redevelopment Area, and Madison Center Housing and Commercial Redevelopment Area. The Northeast Neighborhood Development Area will be declared a Tax Increment Finance allocation area, which will serve to IV South Bend Redevelopment Commission IL Rescheduled Regular Meeting— November 17, 2003 6. NEW BUSINESS (CONT.) H. Other (1) continued... direct nonresidential property tax increment generated back into the Area. The resources needed to bring about the reversal of blight conditions will have to come from the partnership efforts of multiple sources over many years, including federal, state and local governments, not - for - profits and neighboring institutions, private sector developers and other neighborhood stakeholders. The plan identifies no properties for acquisition at this time. In accordance with state statute, Declaratory Resolution No. 2016 specifically sets forth a IL finding of blight and gives the Development Area a name, this being the "Northeast Neighborhood Development Area," and declares the redevelopment of the Area to be in the public interest of the City. It also approves the Northeast Neighborhood Development Area Development Plan, together with all maps, plats and surveys which are included, and assures development of the Area will be in accordance with the Plan presented to the Commission. In addition, Resolution No. 2016 approves a Relocation Policy that is consistent with past development area relocation policies. Resolution No. 2016 declares an allocation area for the purposes of capturing a tax increment. The allocation area has specific uses set forth in the statute as to how the tax increment can be used, and the declaratory resolution sets forth those uses. 19 South Bend Redevelopment Commission IL Rescheduled Regular Meeting November 17, 2003 6. NEW BUSINESS (CONT.) H. Other (1) continued... Staff requests the Commission's approval of Resolution No. 2016. Ms. Greene asked for confirmation that all maps and studies prepared by Ms. Hughes are available for public inspection. Ms. Hughes responded that they are available. Ms. Greene also asked for confirmation that no properties are to be acquired at this time. Ms. Hughes answered that the statement was correct. Upon a motion by Mr. Faccenda, seconded by Mr. Blake and unanimously carried, the Commission approved Resolution No. 2016 designating the Northeast Neighborhood Development Area, declaring the Northeast Neighborhood Development Area to be blighted, approving a Development Plan and conditions under which relocation payments will be made, and establishing an Allocation Area for purposes of Tax Incremental Financing. 7. PROGRESS REPORTS Mr. Rock reported that the closing was completed on the Oliver boilerhouse and smokestack which was sold to Rose Fuel & Materials, Inc. 20 COMMISSION APPROVED RESOLUTION No. 2016 DESIGNATING THE NORTHEAST NEIGHBORHOOD DEVELOPMENT AREA, DECLARING THE NORTHEAST NEIGHBORHOOD DEVELOPMENT AREA TO BE BLIGHTED, APPROVING A DEVELOPMENT PLAN AND CONDITIONS UNDER WHICH RELOCATION PAYMENTS WILL BE MADE, AND ESTABLISHING AN ALLOCATION AREA FOR PURPOSES OF TAX INCREMENTAL FINANCING. PROGRESS REPORTS South Bend Redevelopment Commission ILRescheduled Regular Meeting— November 17, 2003 7. PROGRESS REPORTS Mr. Rock expressed the designation of the Northeast Neighborhood Development Area will certainly improve that neighborhood and area, and staff looks forward to moving the plan ahead. 8. NEXT COMMISSION MEETING The next Regular Meeting of the Redevelopment Commission is scheduled for December 5, 2003 at 10:00 a.m. 9. ADJOURNMENT There being no further business to come before the Redevelopment Commission, Mr. Kahn made a motion that the meeting be adjourned. Mr. Blake seconded the motion and the meeting was adjourned at 10:27 a.m. 14 Robert W. Hunt, President C+J 21 NEXT COMMISSION MEETING ADJOURNMENT Donald E. Inks, Director