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HomeMy WebLinkAboutRedevelopment Commission Minutes 7.26.2018South Bend Redevelopment .Commission 227 West Jefferson Boulevard, Room 1308, South Bend, IN SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING July 26, 2018 9:30 a.m. 227 West Jefferson Boulevard Presiding: Dave Varner, Vice -President South Bend, Indiana The meeting was called to order at 9:30 a.m. 1. ROLL CALL Members Present: Dave Varner, Vice -President Don Inks, Secretary Gavin Ferlic, Commissioner Quentin Phillips, Commissioner Members Absent: Marcia Jones, President Leslie Wesley, Commissioner Legal Counsel: Sandra Kennedy, Esq. Redevelopment Staff: David Relos, RDC Staff Mary Brazinsky, Board Secretary Others Present: Daniel Buckenmeyer DCI Kyle Silveus Engineering Eric Henderson Prism Environmental South Bend Redevelopment Commission Regular Meeting — July 26, 2018 2. Approval of Minutes A. Approval of Minutes of the Regular Meeting of Thursday, July 12, 2018 Upon a motion by Secretary Inks, seconded by Commissioner Phillips, the motion carried unanimously, the Commission approved the minutes of the regular meeting of Thursday, July 12, 2018. 3. Approval of Claims A. Claims Submitted July 26, 2018 REDEVELOPMENT COMMISSION Redevelopment Commission Claims July 76, 2018 for approval 324 RIVER WEST DEVELOPY—ENJ-M IDEM Walsh & Kelly Inc. Walsh & Kelly Inc. Dynamic Mechanical Services Opticos Design Inc. Kolata Enterprises LLC Ram Construction Services of Michigan Walsh & Kelly, Inc. Lawsciii-FisherAssoclates P -C DLZ Bank of New York US Bank US Bank Bank of New York US Bank Wells Fargo US Bank Fund 209 Barnes & Thornburg LLP Michigan NDT, Inc. Kolata Enterprise LLC Jones Petrie Rafinski Juries Petrie Rartrisk! 422 FUND WEST WASHINKi:10N DEVELOPMENT AREA DLZ 429 FUND RIVER EAST DEVELOPMENT TIF 430 FUND SOUTH SIDE TIF AREA #1 Botkin & Hall, tip Jones Petrie Rafinski Mc Cormick Engineering, LCC 436 FUND TIF NORTHEAST RESIDENTIAL Major Moues US Bank US Bank Major Moves Total Total Of Both Columns Claims submitted Explanation of Project 7,400,00 Oliver -Plow 201,305.49 Marriott Hotel Site Development at Hall of Fame Ph. 3 A 13 & C 194,228,45 Downtown, Cross Street Improvements 3,791_55 Langlab HVAC Improvements 2,779,00 Assessment Professional Services 360-00 Professional Services 133,017,62 Leighton Deck Coating - Ph. It 194,228,45 Downtown Cross Street Improvements 13,162.50 Parks Improvements Program Manage. - 170,00 So. Bend Tucker Drive Airport Fcon Dev Area (RW) 203 Bond 2011 Police and Fire Bond Ref 2012 Pad- Bond (2018) SS Cen Dev Area JRWJ 2003 Bond Refinanced 2011 Smart Streets Lease Bond of 2015 COIT So. Bend Bldg. Corp Retundini; bond of 2010 CEDIT Series 2006A (Refunding 1997 Series A) TJX 2002 Bond(Refinanced 2014) Prairie Ave Ln Fund 324 owes Fund 209 410 Wayne Street, LLC Nello Equipment Professional Services Dowtown East-West Sitectscapes Courtyard by Marriott Ph-. 3 3, 480.00 Colfax Ave Two -Way Conv, 692,117 Kohl's - South Bend 20,490.00 St. Joseph Streetscape Improvements Bowen St, Improvements Triangle Development Major Moves Ln Eddy 5t Commons Bond of 200.9, Refinanced 2.015 Eddy St Commons Bond of 2017 Major Moves Eddy St Commons (2011) Items added after Agenda Distributed 548.638.00 781,000.00 496,320.00 955,900zo 857,500.00 294,502.00 26,975-00 100,000.GD 10,677.91 9,703-00 517.50 30,375.75 659.25 25,447-50 60,446.00 1,234,153,00 650,01)(1.00 186,718.00 616R,982,91 South Bend Redevelopment Commission Regular Meeting — July 26, 2018 Commissioner Phillips noted the line item for Walsh & Kelly is the same on this claims list as it was the last claims list. Staff will check this with Redevelopment Finance and make corrections as needed. Upon a motion by Secretary Inks, seconded by Commissioner Ferlic, the motion carried unanimously, the Commission approved the claims submitted on Thursday, July 26, 2018. 4. Old Business 5. New Business A. River West Development Area 1. Lease (Tapastrie) Mr. Relos presented the Lease for Tapastrie, whose lease in the Palais Morris Building expired the end of March. Since then staff has been working with them on new lease terms. Because of the downtown cross streets project on Colfax and Michigan streets, which directly affects Tapastrie's business, the rent has been reduced for the first six months of the lease's three year term, and then steps up in increments for the remaining term. There is an option to renew, with rent and cam being able to be adjusted based on market conditions for the renewal term. Upon a motion by Secretary Inks, seconded by Commissioner Ferlic, the motion carried unanimously, the Commission approved Lease (Tapastrie) submitted on Thursday, July 26, 2018. 6. Progress Reports A. Tax Abatement 1. There were two confirmings on Lincolnway West. B. Common Council C. Other 7. Next Commission Meeting: Thursday, August 9, 2018, 9:30 a.m. 8. Adjournment Thursday, July 26, 2018, 9:35 a.m. �1 David Relos, Property Development Manager Dave Varner, Vice -President