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HomeMy WebLinkAbout2016 1020 CRED MinutesSOUTH BEND ADVISORY COMMISSION ON INDUSTRIAL DEVELOPMENT REGULAR MEETING October 20, 2016 227 West Jefferson Boulevard, 4th Floor 3:00 p.m. South Bend, Indiana The meeting was called to order at 3:13 p.m. 1. ROLL CALL Members Present: Vivian Sallie, Chairman Virginia Calvin Darran Teamor Marcia Jones Patrick McMahon, Secretary Members Absent: Michael Kruk Legal Counsel: Michael Schmidt, Esq. Staff: Aaron Kobb Mary Brazinsky 2. APPROVAL OF MINUTES OF THE REGULAR MEETING OF OCTOBER 13, 2016 Upon a motion by Secretary McMahon, seconded by Member Calvin the motion carried 5- 0, the Commission approved the Minutes of the Meeting of October 13, 2016. 3. APPROVAL OF RESOLUTION NO. 1-2016 A RESOLUTION OF THE SOUTH BEND ADVISORY COMMISSION ON INDUSTRIAL DEVELOPMENT AMENDING RESOLUTION NO. 1-2002 AND RESTATING THE STUDEBAKER/OLIVER COMMUNITY REVITALIZATION ENHANCEMENT DISTRICT EXPIRATION DATE. Secretary McMahon noted the Resolution is an acknowledgement that the CRED board has made the payments in accordance with the original ordinance and was paid in full as of January 2015. Mr. Zeeb stated the Commission is here today to acknowledge and ratify the Common Council took the right action by making the correct payments, which were applied to the Section 108 loan from 2011 through 2015. Upon a motion by Secretary McMahon, seconded by Member Jones the motion carried 5-0, the Commission approved Resolution No. 1-2016 A Resolution of the South Bend Advisory Commission on Industrial Development Amending Resolution No. 1-2002 and Restating the Studebaker/Oliver Community Revitalization Enhancement District Expiration Date. South Bend Advisory Commission on Industrial Development Regular Meeting – October 20, 2016 Page 2 4. USTC Update Mr. Kobb presented an email from Shawn Peterson regarding an update on the Studebaker Project. Upon a motion by Member Jones, seconded by Member Davis the motion carried 5-0 (Chairman Sallie and Member Teamor absent), the Commission approved Resolution No. 2-2015 confirming the Union Station Community Revitalization Enhancement District Project. 7. ADJOURNMENT The meeting was adjourned at 3:25 p.m. ____________________________________ ____________________________________ Signature Signature ____________________________________ ____________________________________ Printed Name and Title Printed Name and Title