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HomeMy WebLinkAboutRDA Packet 6.5.2019Agenda Scheduled Meeting June 5, 2019 4:30 pm 227 West Jefferson Boulevard, Room 1308 (BPW), South Bend, Indiana 1.Roll Call 2.Approval of Minutes A.Approval of Minutes of the Regular Meeting of March 25, 2019 3.New Business A.Resolution No. 204 (Temporary Use of Property for River Lights Music, LLC) 4.Adjournment NOTICE FOR HEARING AND SIGHT IMPAIRED PERSONS Auxiliary Aid or Other Services are Available upon Request at No Charge. Please Give Reasonable Advance Request when Possible. March 25, 2019 1308 County-City Building 9:00 a.m. 227 West Jefferson Boulevard South Bend, IN 46601 The meeting was called to order at 9:04 a.m. 1.ROLL CALL Members Present: Erin Hanig, President Anthony Fitts, Vice-President Richard Klee, Secretary-Treasurer Redevelopment Staff: Mary Brazinsky, Board Secretary Legal Counsel: Sandra Kennedy, Esq. 2.APPROVAL OF MINUTES A.Approval of Minutes of the Regular Meeting of August 8, 2018 Upon a motion by Ms. Hanig, President, seconded by Mr. Fitts, Vice- President the motion carried unanimously, the Authority approved the Minutes of the Meeting on August 8, 2018. ITEM: 2A Meeting – March 25, 2019 Page | 2 3.ELECTION OF OFFICERS A.A Motion was made by Mr. Klee and seconded by Mr. Fitts nominating Ms. Hanig as President of the Redevelopment Authority for 2019. The motion carried unanimously. B.A Motion was made by Mr. Klee and seconded by Ms. Hanig nominating Mr. Fitts as Vice-President of the Redevelopment Authority for 2019. The motion carried unanimously. C.A Motion was made by Ms. Hanig and seconded by Mr. Fitts nominating Mr. Klee as Secretary-Treasurer of the Redevelopment Authority for 2019. The motion carried unanimously. The Authority approved the slate of officers for 2019. 4.NEW BUSINESS A.Exhibit B Officer’s Certificate (Eddy Street Commons) The Exhibit B Officer’s Certificate (Eddy Street Commons) was presented to the Commission. This is the annual compliance to US Bank providing proof of insurance. The enclosed packet once approved by the Commission will be returned to US Bank. This insurance certificate holds an A rating with Federal Insurance Company providing coverage. Gibson Insurance is the producer of the policy. Upon a motion by Mr. Klee, Secretary-Treasurer, seconded by Mr. Fitts, Vice President, the motion carried unanimously, the Authority approved Exhibit B Officer’s Certificate (Eddy Street Commons) submitted on March 25, 2019. B.Exhibit C of First Supplemental Trust Agreement (Lease Rental Revenue Refunding Bonds, Series 2013 Century Center). Exhibit C of First Supplemental Trust Agreement (Lease Rental Revenue Refunding Bonds, Series 2013, Century Center) was presented to the Commission. This is the annual compliance to US Bank providing proof of insurance. The enclosed packet once approved by the Commission will be returned to US Bank. This insurance certificate holds an A rating with Lexington Insurance Company providing coverage. Gibson Insurance is the producer of the policy. Meeting – March 25, 2019 Page | 3 Upon a motion by Mr. Klee, Secretary-Treasurer, seconded by Ms. Hanig, President, the motion carried unanimously, the Authority approved Exhibit C of First Supplemental Trust Agreement (Lease Rental Revenue Refunding Bonds, Series 2013 Century Center) submitted on March 25, 2019. C.Insurance – Obligor’s Compliance Certificate (Lease Rental Revenue Bonds of 2015) The Insurance – Obligor’s Compliance Certificate (Lease Rental Revenue Bonds of 2015) was presented to the Commission. This is the annual compliance to US Bank providing proof of insurance. The enclosed packet once approved by the Commission will be returned to US Bank. This insurance certificate holds an A rating with Federal Insurance Company providing coverage. Gibson Insurance is the producer of the policy. Upon a motion by Mr. Klee, Secretary-Treasurer, seconded by Mr. Fitts, Vice President, the motion carried unanimously, the Authority approved the Insurance – Obligor’s Compliance Certificate (Lease Rental Revenue Bonds of 2015) submitted on March 25, 2019. 5.ADJOURNMENT Upon a motion by Mr. Klee, Secretary-Treasurer, seconded by Ms. Hanig, President, the motion carried unanimously, the Authority adjourned the meeting at 9:09 a.m. ______________________________ ______________________________ Mary Brazinsky Erin Hanig, President Board Secretary, South Bend Redevelopment Authority Community Investment RESOLUTION NO. 204 A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT AUTHORITY APPROVING TEMPORARY USE OF PROPERTY FOR EVENT WHEREAS, the South Bend Redevelopment Authority (the “Authority”) exists and operates pursuant to I.C. 36-7-14.5 as a separate body corporate and politic and an instrumentality of the City of South Bend, Indiana (the “City”); and WHEREAS, the Authority owns certain real property commonly known as 109 S. Niles Avenue, with a Parcel Key number of 018-5010-027901 (the “Authority Property”), as identified in yellow on the map attached as Exhibit A; and WHEREAS, the Authority Property is immediately adjacent to property used as the parking lot for the Emporium Restaurant and known as 121 S. Niles Avenue (the “Lot”); and WHEREAS, the Riverlights Music Festival is an event organized and sponsored by River Lights Music LLC (the “Organizer”), which is held annually in June at the Lot (the “Festival”); and WHEREAS, the Festival wishes to use the Authority Property as a part of its Event as set forth on Exhibit B, and the Authority desires to allow Festival to use the Authority Property, subject to the terms of this Resolution. NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT AUTHORITY AS FOLLOWS: 1.The Authority hereby approves use of the Authority Property by the Organizers for the Festival, which will be held on June 7 and June 8, 2019, provided that, as soon as reasonably possible, the Organizers return the Authority Property to substantially the same condition it was in immediately prior to the Festival. 2.This Resolution will be in full force and effect upon its adoption by the Authority. ADOPTED at a regular meeting of the South Bend Redevelopment Authority held on June 5, 2019, at 1308 County-City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601. SOUTH BEND REDEVELOPMENT AUTHORITY ______________________________ Erin Hanig, President ATTEST: ______________________________ Richard Klee, Secretary-Treasurer ITEM: 3A EXHIBIT A Authority Property EXHIBIT B Proposed Use *The Authority Property is the North portion of parking lot depicted in the drawing.