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HomeMy WebLinkAbout06-20-03 Redevelopment Commission MinutesLIM SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING June 20, 2003 10:00 a.m. Presiding: Marcia I. Jones, Vice President 1. ROLL CALL Members Present: Member Absent: Legal Counsel: 227 West Jefferson Boulevard South Bend, Indiana Ms. Marcia Jones, Vice - President Mr. Philip J. Faccenda, Secretary Mr. Matt Kahn Mr. Hardie Blake, Jr. Mr. Robert W. Hunt, President Ms. Cheryl Greene, Esq. Redevelopment Staff Mr. Owen Rock, Assistant Director Ms. Pamela Morris, Recording Secretary Mr. Bill Schalliol, Economic Development Planner Mr. Robert Mathia, Economic Development Specialist Mr. Tim Williams, Economic Development Specialist Mr. Andy Laurent, Economic Development Specialist Others Present: Mr. Marco Mariani, Asst. Director of Community Planning Mr. John Livingston, Legal Department 2. APPROVAL OF MINUTES A. Commission approval of the Minutes of the Regular Meeting of June 6, 2003. Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission approved the Minutes of the Regular Meeting of June 6, 2003. 3. APPROVAL OF CLAIMS COM USSION APPROVED THE MINUTES OF THE REGULAR MEETING OF JUNE 6, 2003. Redevelopment Commission Claims submitted June 20, 2003 for approval. 1 South Bend Redevelopment Commission IL Regular Meeting —June 20, 2003 3. APPROVAL OF CLAIMS (CONT.) 212 CDBG COMMUNITY DEVELOPMENT South Bend Tribune 324 FUND Site Scapes Inc. Cal -Pro Fencing Company, Inc. Rieth Riley Construction Co., Inc. Young Excavating, Inc. 414 SAMPLE -EWING Baker General Maintenance CA Studios 420 SBCDA IL Witt Appraisal Services, Inc. City of South Bend CB Richard Ellis Weaver, Boos and Gordon CLH Landscape Services AEP FUND 424 CB Richard Ellis 427 SAMPLE/EWING - CAPITAL FUND Rieth Riley Construction Co., Inc. AEP St. Joseph County Treasurer $ 16.45 400.00 58,199.13 2,637.18 50,997.53 200.00 2,574.75 475.00 1,105.71 128.15 2,900.00 398.00 1,002.01 150.00 224,792.57 885.40 46,012.14 $ 392.874.02 Ms. Jones inquired about the Rieth Riley Construction claim in the amount of $224,792.57. Mr. Rock responded that the claim was regarding the TJX Project. 2 South Bend Redevelopment Commission kl�Regular Meeting —June 20, 2003 3. APPROVAL OF CLAIMS (CONT.) Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission approved the Claims submitted June 20, 2003, and ordered the checks to be released. 4. COMMUNICATIONS There were no Communications. 5. OLD BUSINESS There was no Old Business. 6. NEW BUSINESS A. Housing (1) Commission approval requested for Loan and Grant in connection with the South Bend Home Improvement Program for property located at 3121 Sunnymede. (Heather D. Vaszari) Mr. Rock advised that the loan is in the amount of $2,450 and the grant is in the amount of $7,500. Upon a motion by Mr. Blake, seconded by Mr. Kahn and unanimously carried, the Commission approved the Loan and Grant in accordance with the South Bend Home Improvement Loan Program for property located at 3121 Sunnymede. (Heather D. Vaszari) (2) Commission approval requested for Loan and Grant in connection with the South Bend Home Improvement Program for property located at 812 Pulaski Street. (Estella Williams) 3 COMMISSION APPROVED THE CLAIMS SUBMITTED JUNE 20, 2003, AND ORDERED THE CHECKS TO BE RELEASED. THERE WERE NO COMMUNICATIONS. THERE WAS NO OLD BUSINESS. COMMISSION APPROVED THE LOAN AND GRANT IN ACCORDANCE WITH THE SOUTH BEND HOME IMPROVEMENT LOAN PROGRAM FOR PROPERTY LOCATED AT 3121 SUNNYMEDE. (HEATHER D. VASZARI) South Bend Redevelopment Commission Regular Meeting —June 20, 2003 6. NEW BUSINESS A. Housing (2) continued... Mr. Rock advised that the loan is in the amount of $1,150 and the grant is in the amount of $7,500. Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission approved the Loan and Grant in accordance with the South Bend Home Improvement Loan Program for property located at 812 Pulaski Street. (Estella Williams) (3) Commission approval requested for Loan and Grant in connection with the South IL Bend Home Improvement Program for property located at 1425 N. Adams Street. (Flora D. Willis) IM Mr. Rock advised that the loan is in the amount of $4,300 and the grant is in the amount of $7,500. Upon a motion by Mr. Faccenda, seconded by Mr. Blake and unanimously carried, the Commission approved the Loan and Grant in accordance with the South Bend Home Improvement Loan Program for property located at 1425 N. Adams Street. (Flora D. Willis) B. South Bend Central Development Area (1) Commission approval requested for Resolution No. 1980 a joint resolution of the South Bend Redevelopment Authority 4 COMMISSION APPROVED THE LOAN AND GRANT IN ACCORDANCE WITH THE SOUTH BEND HOME IMPROVEMENT LOAN PROGRAM FOR PROPERTY LOCATED AT 812 PULASKI STREET. (ESTELLA WILLIAMS) COMMISSION APPROVED THE LOAN AND GRANT IN ACCORDANCE WITH THE SOUTH BEND HOME IMPROVEMENT LOAN PROGRAM FOR PROPERTY LOCATED AT 1425 N. ADAMS STREET. (FLORA D. WILLIS) South Bend Redevelopment Commission ILI Regular Meeting —June 20, 2003 IL 6. NEW BUSINESS B. South Bend Central Development Area (1) continued... and South Bend Redevelopment Commission indicating intent to issue bonds and that certain preliminary costs be reimbursed from the proceeds of said bonds. Mr. Rock advised Resolution No. 1980 expresses the Commission's intent to issue bonds for the South Bend Central Development Area and to reimburse certain costs out of bond proceeds. Mr. Rock further advises that the bond is not to exceed the amount of $22M. The bond will pay off the current bonds in the downtown area. The debt service on the new bond will be equivalent to the old bonds which is $1.4M and it will be a twenty (20) year bond. There is the potential of exceeding the current payments and if this should occur, it would be paid by other City revenues, possibly COIT. Upon a motion by Mr. Blake, seconded by Mr. Kahn and unanimously carried, the Commission approved Redevelopment Authority Resolution No. 153 and Redevelopment Commission Resolution No. 1980 a joint resolution of the South Bend Redevelopment Authority and South Bend Redevelopment Commission indicating intent to issue bonds and that certain preliminary costs be reimbursed from the proceeds of said bonds. 5 COMMISSION APPROVED REDEVELOPMENT AUTHORITY RESOLUTION NO. 153 AND REDEVELOPMENT COMMISSION RESOLUTION NO. 1980 A JOINT RESOLUTION OF THE SOUTH BEND REDEVELOPMENT AUTHORITY AND SOUTH BEND REDEVELOPMENT COMMISSION INDICATING INTENT TO ISSUE BONDS:AND THAT CERTAIN PRELIMINARY COSTS BE REIMBURSED FROM THE PROCEEDS OF SAID BONDS. South Bend Redevelopment Commission Regular Meeting —June 20, 2003 6. NEW BUSINESS B. South Bend Central Development Area (2) Commission approval requested for proposal for professional services in the South Bend Central Development Area. (downtown parking study, Walker Parking Consultants) Mr. Rock reported that a complete parking study needs to be performed including parking structures, surface parking and on- street parking for the downtown area. Walker Parking Consultants proposed the following seven separate tasks: 1. Organizational analysis and review of parking operator agreement. 2. ILparking Operational policies and procedures for garages. 3. Conceptual parking plan. 4. Parking rate and financial analysis. 5. Five -year capital improvement plan. 6. Maintenance manual review. 7. Marketing plan. The proposal is in a not -to- exceed amount of $154,000. Staff recommends approval due to parking being scattered among Redevelopment and other areas of the City and this would put the parking situation all under one umbrella. Mr. Rock noted that parking is extremely essential to the redevelopment of the downtown area. Upon a motion by Mr. Faccenda, seconded by Mr. Kahn and unanimously carried, the Commission approved the request for professional services in the South Bend Central Development Area and authorized IL staff to retain Walker Parking Consultants based on the scope of services and fee proposed. (Downtown parking study) n COMMISSION APPROVED THE REQUEST FOR PROFESSIONAL SERVICES IN THE SOUTH BEND CENTRAL DEVELOPMENT AREA AND AUTHORIZED STAFF TO RETAIN WALKER PARKING CONSULTANTS BASED ON THE SCOPE OF SERVICES AND FEE PROPOSED. (DOWNTOWN PARKING STUDY) South Bend Redevelopment Commission Regular Meeting —June 20, 2003 6. NEW BUSINESS B. South Bend Central Development Area (3) Commission approval requested for proposal for preparation of designs and cost estimates for construction in the South Bend Central Development Area. (Palais retail space) Mr. Mathia reported that Mr. David Sassano has submitted a proposal to prepare the designs and cost estimates for construction of a generic "vanilla box" in the Palais retail space which would include both the ground floor and the basement. Mr. Sassano was the architect in charge of construction for the Palais Ballroom renovation and as a result has extensive knowledge of the Palais ILI building. The cost for preparation of the design and cost estimates is $6,000. Mr. Sassano has also proposed completing the merging of any tenant's proposed design with our basic design and overseeing renovation construction on an hourly basis of $75.00 per hour. Staff recommends approval of the proposal and authorization of total expenditures not to exceed $12,000.00. Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission approved the request for a design and cost estimate proposal in the South Bend Central Development Area and authorized staff to retain Mr. David Sassano based on the scope of services and fee proposed. (Palais retail space) 7 COMMISSION APPROVED THE REQUEST FOR A DESIGN AND COST ESTIMATE PROPOSAL IN THE SOUTH BEND CENTRAL DEVELOPMENT AREA AND AUTHORIZED STAFF TO RETAIN MR. DAVID SASSANO BASED ON THE SCOPE OF SERVICES AND FEE PROPOSED. (PALAIS RETAIL SPACE) South Bend Redevelopment Commission Regular Meeting —June 20, 2003 6. NEW BUSINESS B. South Bend Central Development Area (4) Commission approval requested to authorize the Director of Economic Development to sign a Replat on behalf of the Commission. (Chocolate Cafe/Hall of Fame) Mr. Mathia reported that as part of the process related to authorizing the proposed addition to the Chocolate Cafe, a replat of the Cafe and the College Football Hall of Fame area must be completed. The surveying firm hired by the Redevelopment' Commission for that purpose, Danch Hamer and Associates, has pepared the replat and is ready to submit it to the Area Plan Commission for approval. Danch Hamer has requested that the Redevelopment Commission authorize the Director of Economic Development to sign the replat of the Chocolate Cafe/ Hall of Fame on behalf of the Commission. Staff recommends approval of this request by signing the attached letter to the Area Plan Commission of St. Joseph County. Upon a motion by Mr. Faccenda, seconded by Mr. Kahn and unanimously carried, the Commission authorized the Director of Economic Development to sign a Replat on behalf of the Commission. (Chocolate Cafd/Hall of Fame) (5) Commission approval requested for 2 °d Amendment to Commercial Property Management Agreement with CB Richard Ellis. (Michigan Street IL Shops /Courtyard) 8 COMMISSION AUTHORIZED THE DIRECTOR OF ECONOMIC DEVELOPMENT TO SIGN A REPLAT ON BEHALF OF THE COMMISSION. (CHOCOLATE CAFE /HALL OF FAME) South Bend Redevelopment Commission Regular Meeting —June 20, 2003 6. NEW BUSINESS B. South Bend Central Development Area (5) continued... Mr. Williams reported that the 2nd Amendment to the Management Agreement brings the practice, as spelled out in the original agreement with CB Richard Ellis, more into line with the way it actually is. Earlier this year, an auditor in the Office of the State Board of Accounts uncovered a discrepancy and requested a language change so that the relationship between the Commission, as owner, and the management entity be clarified. Staff recommends approval. Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission approved the 2nd Amendment to Commercial Property Management Agreement with CB Richard Ellis. (Michigan Street Shops /Courtyard) (6) Commission approval requested for the Downtown South Bend Rotary Club to paint "City Landmark" murals on the northwest and southeast corners of the Wayne Street Parking Garage. Mr. Williams reported that the South Bend Rotary Club has offered to paint murals, which will utilize a characteristic design to denote a City landmark.or City tie, outside of the elevators on the northwest and southwest corners of the Wayne Street Garage as a beautification project to enhance the appearance of the garage. The Rotarians will use volunteer artists and provide 9 COMMISSION APPROVED THE 2NDAMENDMENT TO COMMERCIAL PROPERTY MANAGEMENT AGREEMENT WITH CB RICHARD ELLIS. (MICHIGAN STREET SHOPS /COURTYARD) South Bend Redevelopment Commission Regular Meeting —June 20, 2003 6. NEW BUSINESS B. South Bend Central Development Area (6) continued... proposed art work for approval. -Staff recommends approval of the project pending proper indemnification in a form satisfactory to Legal. Upon a motion by Mr. Blake, seconded by Mr. Kahn and unanimously carried, the Commission approved the request for the Downtown South Bend Rotary Club to paint "City Landmark" murals on the northwest and southeast corners of the Wayne Street Parking Garage pending receipt of an indemnification agreement.. IL (7) Staff report on acquisition of property located in the South Bend Central Development Area. (106 S. St. Louis) Mr. Rock requested that Item 6.B.(7) be tabled. There were no objections and the Commission tabled Item 6.B.(7). (8) Commission approval requested for Resolution No. 1981 accepting the transfer of real property from the South Bend Redevelopment Authority. (Chocolate Cafe) Mr. Mathia reported that the South Bend Redevelopment Authority has approved the transfer of a parcel of real property from the Authority to the South Bend Redevelopment Commission. The parcel is located on the southwest corner of the South Bend College Football Hall of Fame. The College L 10 . COMMISSION APPROVED THE REQUEST FOR THE DOWNTOWN SOUTH BEND ROTARY CLUB TO PAINT "CITY LANDMARK" MURALS ON THE NORTHWEST AND SOUTHEAST CORNERS OF THE WAYNE STREET PARKING GARAGE PENDING RECEIPT OF AN INDEMNIFICATION AGREEMENT. COMMISSION TABLED ITEM 6.B.(7). South Bend Redevelopment Commission Regular Meeting —June 20, 2003 6. NEW BUSINESS B. South Bend Central Development Area (8) continued... Football Hall of Fame is located at 111 S. St. Joseph Street. The parcel will be transferred to, and become part of, the real property owned by the Commission located at 122 S. Michigan Street, commonly known at the Chocolate Cafe. To complete the transfer, the Redevelopment Commission must approve and sign three (3) documents. The first document is Resolution No. 1981. This resolution formally records the Commission's acceptance of the transfer of the real property from the Redevelopment Authority to the Redevelopment Commission. The Commission is requested to approve and sign Resolution No. 1981. Staff recommends approval and signature of the resolution because it will facilitate the redevelopment of the Michigan Street corridor, a major objective of the development plan approved by the Commission for the South Bend Central Development Area. Upon a motion by Mr. Blake, seconded by Mr. Kahn and unanimously carried, the Commission approved Resolution No. 1981 accepting the transfer of real property from the South Bend Redevelopment Authority. (Chocolate Cafe) The second document is a Disclosure Statement attached to the Quit Claim Deed for the parcel which will be filed with the County Recorder's office, Staff IL 11 COMMISSION APPROVED RESOLUTION NO. 1981 ACCEPTING THE TRANSFER OF REAL PROPERTY FROM THE SOUTH BEND REDEVELOPMENT AUTHORITY. (CHOCOLATE CAFE) South Bend Redevelopment Commission Regular Meeting —June 20, 2003 recommends the Commission approve and sign the Disclosure Statement. The statement records there is zero (0) costs to the Commission to complete the transfer of the real estate. Signature of the Disclosure Statement is necessary to complete the transfer and further the implementation of the development plan for the South Bend Central Development Area. Upon a motion by Mr. Faccenda, seconded by Mr. Kahn and unanimously carried, the Commission approved the execution of the Disclosure Statement for the transfer of property from the South Bend Redevelopment Authority to the South Bend Redevelopment Commission. (Chocolate Cafe) (9) Commission approval requested for Grant of Non - Buildable Perpetual Easement. (Chocolate Cafe) Mr. Mathia continued his presentation with an explanation of the third document related to the transfer of real property from the South Bend Redevelopment Authority. That document is a Grant of Non - Buildable Perpetual Easement. " The document is required to redraw the existing Non - Buildable Easement to take into consideration the proposed addition to the Chocolate Cafe. The Redevelopment Authority on June 18, 2003 approved a Release of Easement for the original Grant of Non - Buildable Perpetual Easement which was signed by the Authority on July 13, 1998. The new easement is required by the Building Department in order to obtain a building permit for the planned addition. Specifically, a permit for the placement of 12 COMMISSION APPROVED THE EXECUTION OF THE DISCLOSURE STATEMENT FOR THE TRANSFER OF PROPERTY FROM THE SOUTH BEND REDEVELOPMENT AUTHORITY TO THE SOUTH BEND REDEVELOPMENT COMMISSION. (CHOCOLATE CAFE) South Bend Redevelopment Commission Regular Meeting —June 20, 2003 6. NEW BUSINESS B. South Bend Central Development Area (9) continued... windows on the north wall of the addition to the Chocolate Cafe building. Staff recommends the Commission approve and sign the Grant of Non - Buildable Perpetual Easement. Ms. Greene inquired if the Grant of Easement should actually be coming from the Redevelopment Authority. Mr. Mathia explained that the Redevelopment Authority previously approved the Grant of Non - Buildable Perpetual Easement on June 18, 2003; however, the document needed to be executed by both the Redevelopment Authority and the Redevelopment Commission. Upon a motion by Mr. Kahn, seconded by COMMISSION APPROVED THE REQUEST FOR A Mr. Blake and unanimously carried, the GRANT OF NON - BUILDABLE PERPETUAL Commission approved the request for a EASEMENT. (CHOCOLATE CAFE) Grant of Non - Buildable Perpetual Easement. (Chocolate Cafe) C. Sample -Ewing Development Area (1) Commission approval requested for Agreement By and Between the South Bend Redevelopment Commission and Rose Fuel & Materials, Inc. Mr. Rock requested that Item 6.C.(1) be COMMISSION TABLED ITEM 6.C.(I). _ tabled. There were no objections and the Commission tabled Item 6.C.(1). 13 D South Bend Redevelopment Commission Regular Meeting —June 20, 2003 6. NEW BUSINESS C. Sample -Ewing Development Area (2) Commission authorization requested for staff to submit an application to the Indiana Department of Environmental Management's Voluntary Remediation Program regarding soils. (Studebaker Area B properties) Mr. Laurent reported that he will be addressing items 6.C.(2) and 6.C.(3) simultaneously. These items are a request for the Commission to authorize staff to submit two (2) Voluntary Remediation Program (VRP) applications. The reasoning due to a small change in strategy between the IDEM and the City that will basically cover all three (3) Studebaker /Oliver areas; A, B and C. The soils under individual applications and the groundwater under one application for all areas. We will be required to submit two (2) more VRP applications for soils (Areas A & C). Staff recommends authorization from the Commission to submit the applications. Ms. Greene inquired whether staff could confirm that the IDEM agreement falls under the old VRP standards rather than the new standards. Mr. Laurent replied that all IDEM work in the Studebaker /Oliver area falls under their 1996 VRP guides. Upon a motion by Mr. Faccenda, seconded by Mr. Kahn and unanimously carried, the Commission authorized a request for staff to submit an application to the Indiana Department of Environmental Management's Voluntary Remediation Program regarding soils. (Studebaker Area B properties) 14 COMMISSION AUTHORIZED A REQUEST FOR STAFF TO SUBMIT AN APPLICATION TO THE INDIANA DEPARTMENT OF ENVIRONMENTAL MANAGEMENT'S VOLUNTARY REMEDIATION PROGRAM REGARDING SOILS. (STUDEBAKER AREA B PROPERTIES) South Bend Redevelopment Commission Regular Meeting —June 20, 2003 6. NEW BUSINESS C. Sample -Ewing Development Area (3) Commission authorization requested for staff to submit an application to the Indiana Department of Environmental Management's Voluntary Remediation Program regarding groundwater. (Studebaker /Oliver Area A, B and C) Upon a motion by Mr. Faccenda, seconded by Mr. Kahn and unanimously carried, the Commission authorized a request for staff to submit an application to the Indiana Department of Environmental Management's Voluntary Remediation Program regarding groundwater. (Studebaker /Oliver Area A, B and C) (4) Commission approval requested for Resolution No. 1982 approving transfer of real property to the Board of Park Commissioners of the Park District of the City of South Bend. (New Southeast Park) Mr. Mariani reported that the purpose of Resolution No. 1982 is to transfer the Commission's interest as part of a larger replat for the new park of forty seven (47) parcels that are a part of the acquisition and relocation process of the past ten (10) years. We are transferring those lots to the Board of Park Commissioners. There area few other lots that are owned by the Civil City that will be transferred early in July. Staff recommends approval of Resolution No. 1982 by the Redevelopment Commission and the Board of Park Commissioners will take action on approval IL of the transfer July 21, 2003. 15 COMMISSION AUTHORIZED A REQUEST FOR STAFF TO SUBMIT AN APPLICATION TO THE INDIANA DEPARTMENT OF ENVIRONMENTAL MANAGEMENT'S VOLUNTARY REMEDIATION PROGRAM REGARDING GROUNDWATER. (STUDEBAKER/OLIVER AREA A, B AND Q South Bend Redevelopment Commission Regular Meeting —June 20, 2003 6. NEW BUSINESS C. Sample -Ewing Development Area (4) continued... Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission approved Resolution No. 1982 approving transfer of real property to the Board of Park Commissioners of the Park District of the City of South Bend. (New Southeast Park) D. Airport Economic Development Area (1) Commission approval requested for Golf Course Operations and Management Agreement between the South Bend Redevelopment Commission and Meadowbrook Golf Group, Inc. (Blackthorn Golf Course) Ms. Greene reported that the Commission has previously been briefed on the primary terms and conditions of the Management Agreement. The term of the agreement is for a period of five (5) years and it is consistent with past management agreements with the Meadowbrook Golf Group, lnc. Mr. Rock noted that Meadowbrook Golf Group has been doing great job at Blackthorn over the past five (5) years; and staff recommends working with them for an additional five (5) years. C 16 COMMISSION APPROVED RESOLUTION NO. 1982 APPROVING TRANSFER OF REAL PROPERTY TO THE BOARD OF PARK COMMISSIONERS OF THE PARK DISTRICT OF THE CITY OF SOUTH BEND. (NEW SOUTHEAST PARK) South Bend Redevelopment Commission Regular Meeting —June 20, 2003 6. NEW BUSINESS D. Airport Economic Development Area (1) continued... Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission approved a request for a Golf Course Operations and Management Agreement between the South Bend Redevelopment Commission and Meadowbrook Golf Group, Inc. (Blackthorn Golf Course) 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 (1) Commission approval requested for Resolution No. 1983 approving the execution of a Development Agreement and other related documents associated with the Mall Redevelopment Project. Ms. Greene reported that in. April 2003, the Commission and Kite Capital, LLC signed a non - binding Memorandum of Understanding (MOU) related to the redevelopment of Scottsdale Mall, and the MOU provided that Kite would demolish the existing mall in phases and construct a new retail power center on the South Side to be known as C 17 COMMISSION APPROVED A REQUEST FOR A GOLF COURSE OPERATIONS AND MANAGEMENT AGREEMENT BETWEEN THE SOUTH BEND REDEVELOPMENT COMMISSION AND MEADOWBROOK GOLF GROUP, INC. (BLACKTHORN GOLF COURSE) THERE WAS NO BUSINESS IN THE SOUTH BEND MEDICAL SERVICES DISTRICT. THERE WAS NO BUSINESS IN THE WEST WASHINGTON -CHAPIN DEVELOPMENT AREA. South Bend Redevelopment Commission Regular Meeting —June 20, 2003 6. NEW BUSINESS G. South Side Development Area (1) continued... "Erskine Village ". Staff has been working on a Development Agreement consistent with that MOU and had hoped to have the Development Agreement details finalized for presentation to the Commission today. By approving Resolution No. 1983, the Commission would approve the execution of a Development Agreement once it is completed consistent with the MOU. This would expedite matters and avoid the need for a Special Meeting. If there are any changes from the MOU or as discussed in today's meeting, we would then request IL another public meeting to bring the revised agreement to the Commission for approval. Essentially, the key point that the Commission should be aware of is the Commission's role in the Development Agreement would be the traditional role of infrastructure public improvement work in the project, such as utility relocations, streetscape and some site preparation. The intent of public participation is to bring the development site for the project to a level playing field with respect to redevelopment of the site. The financing will be divided up into two (2) phases consistent with the project as described in the agreement. On the front end there would be an industrial development bond issued which the developer would purchase. The second iL phase of the project would be financed 18 South Bend Redevelopment Commission Regular Meeting —June 20, 2003 IL 6. NEW BUSINESS G. South Side Development Area (1) continued... through a combination of Sales Tax Increment Financing (STIF) and Tax Increment Financing. The STIF is dependent upon approval by the State Budget Agency. That approval is still pending which is why the project, as described in the Development Agreement, has been divided into two (2) phases. Staff recommends the Commission approve Resolution No. 1983 approving execution of the Development Agreement and any other documents necessary to effect that transaction. Upon a motion by Mr. Faccenda, seconded by Mr. Kahn and unanimously carried, the Commission approved Resolution No. 1983 approving the execution of a Development Agreement and other related documents associated with the Mall Redevelopment Proj ect. H. Other There was no Other business. 7. PROGRESS REPORTS Mr. Rock distributed a Redevelopment Commission Progress Report covering the first six (6) months of 2003. The report included projects from Studebaker Corridor, the Airport Economic Development Area, the South Bend Central Development Area and the Sample -Ewing Development Area. Attached for the record is a copy of the report which was highlighted by Mr. Rock. 19 COMMISSION APPROVED RESOLUTION NO. 1983 APPROVING THE EXECUTION OF A DEVELOPMENT AGREEMENT AND OTHER RELATED DOCUMENTS ASSOCIATED WITH THE MALL REDEVELOPMENT PROJECT. THERE WAS NO OTHER BUSINESS. A G South Bend Redevelopment Commission Regular Meeting —June 20, 2003 7. PROGRESS REPORTS (CONT.) Mr. Rock welcomed Mr. John Livingston to the Legal Department. Mr. Livingston will be working with the Redevelopment Commission and also with Community Development. 8. NEXT COMMISSION MEETING The next Regular Meeting of the Redevelopment Commission is scheduled for July 3, 2003 at 10:00 a.m. 9. ADJOURNMENT PROGRESS NEXT CONMSSION MEETING There being no further business to come before the ADJOURNMENT Redevelopment Commission, Mr. Kahn made a motion that the meeting be adjourned. Mr. Blake seconded the motion and the meeting was adjourned at 10:33 a.m. Robert W. Hunt, President 20 Donald E. Inks, Director