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HomeMy WebLinkAboutRM 12-21-61SOUTH BEND REDEVELOPMENT COMMISSION 21.DIcember 1961 10.3A.M. Redevelopment Commission Office 129 West Colfax Avenue This meeting was called to order by Mr. James G. Louis, President. Commissioners present and answering to roll call: Mr_ James G. Louis, President Mr. Virgil A. Place Mr. Frank G. Koczan Also resent: Mr. Lewis Haber, Reporter, South Bend Tribune Mr. Ray Breden, Jr., WNDU Mr. Joseph Fragomeni, Charles W. Cole & Son Mr. E. Seybold, Civic Planning Association Mr. John Kagel, Cowntown South Bend Council Mr. Edward Malo, Planning Committee Mr. Sam Logan, Urban League - Hering House Mr. Michael Lynch, Interstate Demolition Mrs. Sandra Casaday, Interstate Demolition Staff: Mr. Henry Sucher, Executive Director Mr. Howard Bellinger, Assistant Director Mr. Edward Bielicki, Relocation Supervisor Mr. Frederick K. Baer, LPA Attorney_ I. $4PPROVAL OF MINUTES On mo ion made by Mr. Place, seconded by Mr. Koczan and unanimously carri d, the minutes of December 7, 1961 meeting were approved as read nd the following business was discussed: II. OF OPTION The Commission reviewed the Option Agreement signed by property owner in the Sample Street Renewal Area - Project No. Ind. R -7. Upon motion made by Mr. Koczan, seconded by Mr. Place and unani- mously carried, the following option was approved: Parcel No. 11 -5. III. APPROVAL OF CLAIMS PROJECT EXPENDITURES ACCOUNT FUND: 1122 Rent Refund - Edna Swanson 2118 Real Estate Retainer - Parcel No. 9 -16 1410.19 Misc. Expense - Relocation Office: Electric, Telephone, Gas 1410. 5) Gisella M. Nagy - Reimburse Petty Cash 1410.19) 1440.01 Options - Parcel No. 11 -5 1440. Dl Acquisition - Parcel Nos. 8 -22, 9 -27, 12 -36, 12 -49 1440.)4 Abstract Co. of St. Joseph County, Inc. 1440.)6 Frederick K. Baer 1445.)l Mid - America Appraisal Corp. 1448.D33 I & M Electric Co. 1448.D35 South Bend Water Works 1501 Relocation Claims - Parcel Nos. 9 -16, 12 -4 1415. 1) Frederick K. Baer 1415.D2) 1415.D5) REDEVELOPMENT REVOLVING FUND: Payroll - Dec. 1 to Dec. 31 George Braziller, Inc. Sinclair Refining Co. 334 Newman & Altman, Inc. !PC GRAND TOTAL 6.65 250.00 67.56 29. 47 10.00 26,479.62 10.00 47.50 1,440.00 1.33 6.75 208.00 r 2,010.00 $30,566.88 5,279.65 5.14 5.80 $35,908.64 III . APPROVAL OF CLAIMS (Continued) To reimburse Redevelopment Revolving Fund for Expe ditures for the month of December, 1961 From Project Expenditures Account Fund $3,988.90 From Urban Redevelopment Fund 1,922.08 $5,910.98 On m tion made by Mr. Place, seconded by Mr. Koczan and unani- mously carried, claims for payment totaling $35,908.64 and transfer of funds amounting to $5,910.98 were endorsed by the Commission. IV. RESOLUTION NO. 39 Resolution authorizing filing of Feasibility Survey Application for the South Bend Central Area was approved by the Commission, upon motion made by Mr. Koczan, seconded by Mr. Place and unani- mously carried. V. LAND DISPOSITION PRICES - PROJ. IND. R -7. Land Disposition Committee recommended proposed reuse prices of $8000 to $11,000 per acre for industrial land, 454 to 70� per square foot for commercial use, with an alternate individual reuse price proposed also for the commercial parcels. The Commis- sion accepted this recommendation upon motion made by Mr. Koczan, seconded by Mr. Place and unanimously carried. VI. PROGRESS REPORT On recommendation of LPA Counsel and the Executive PARCEL Secretary, the Commission authorized the purchase of NO. Parcel No. 4 -12 for costs not to exceed $660, with 4 -12 the portion above $500 to be paid out of city funds, This procedure will be more economical than a condemna- tion suit. Proposal from Linder - Kelleher Company >on.the prep,a.ration LAND of the promotion brochure for sale of the Sample Street DISPOSITION Project Land, Indiana R -7, amounted to $1,973 per thou- BROCHURE sand and additional copies at $499 per thousand. The Commission requested that Mr. Pettit and Mr. Hartwig be inviMchure to the next meeting to discuss coordination with the of the Committee of 100. -3- up PROGRESS REPORT (Continued) Upon notion made by Mr. Place, seconded by Mr. Koczan OFFICE and u animously carried, the Commission decided to RENTAL conti ue to rent the present office location at the - curre t rate for the following year, and if necessary to en er into a lease thereon. Mr. S cher reported that he received a check for the $425, 00 Temporary Federal Loan on the - Sample Street Proje t Ind. R -7. On motion made by Mr. Koczan, secon ed by Mr. Place and unanimously carried, it was decided to invest the $195,000 in the Redevelopment Distr'ct Capital Fund for 90 days in order to earn addit'onal income. (Approximately $190,000 had been lent by the Redevelopment District Capital Fund to the Proje t Expenditures Account Fund, which has now been retur ed.) Meeti #g adjourned 11;30 a.m. TEMPORARY FEDERAL LOAN