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Home My WebLink AboutSM 08-31-84August 31, 10:00 a.m. Presiding 1. ROLL Legal SOUTH BEND REDEVELOPMENT COMMISSION SPECIAL MEETING 1984 1200 County -City Building 227 W. Jefferson Boulevard Eficer: Mr. F. Jay Nimtz South Bend, Indiana 46601 President Present: Mr. F. Jay Nimtz, President Mr. Roman J. Piasecki, Assistant Secretary Mr. Michael Doncho, Member Absent: Ms. Paula Auburn, Vice President Mr. A. Peter Donaldson, Secretary Ms. Eugenia Schwartz Redevelopment Staff: Mr. Jon R. Hunt, Executive Director Mrs. Ann Kolata, Executive Deputy Director Mr. Rick Pitts, Econ. Dev. Specialist Ms. Denise Sullivan, Office Manager Bureau bf Housing Staff: Mr. Paul Cornell, Rehab Specialist News Media: Ms. Jeanne Derbeck, South Bend Tribune Ms. Judy Peter, WSBT -TV Mr. Gary Sieber, WNDU -TV Mr. Brent Speraw, WXMG Radio 2. New Business a. Comnission approval requested for Resolution No. 716 approving the fair re -use value of land in the Central Downtown Urban Renewal Are &, R -66. Mr. Hunt explained that Resolution No. 716 set3 the fair re -use value of land for DisDosition Parcel 4 -42, 4 -43 and part of 4 -44 together with a parking garage to be con tructed thereon for a total of approximately 109 spaces on two levels. The approximate size of the land is 26,574 square. Re-use valuation is established as an annual lease payment of $28,740, and a purchase option of $912,000 with all lease payments made attributed to the purchase price. The pro sed re -use would be a commercial parking garage to service a development project on Courthouse Square. The Redevelopment Comnission will construct the garage. South BEnd Special MeE 2. NEW BUE a. Cont elopment Commission August 31, 1984 (Cont.) Upon a motion made by Mr. Piasecki, seconded by Mr. Donoho and unanimously carried, the Commission approved Resolution No. 716 ap roving the fair re -use value of land in the Central Downtown Urban Renewal Area, R -66. b. Cm mission authorization requested to publish a Notice of Intended Lease with option to purchase Parcels 4 -42, 4 -43 and part of 4 -44 in the Central Downtown Urban Renewal Area, R-66, together with parking garage to be constructed thereon, with publication dates to be September 7 and 14, 1984 and receipt of bids to be at 10:00 a.m. on September 24, 1984. Upcn a motion made by Mr. Piasecki, seconded by Mr. Donoho and unanimously carried, the Conmission authorized the request to publish a Notice of Intended Lease with Option to Purchase Parcels 4 -42, 4 -43 and part of 4 -44 in the Central Downtown Urban Renewal Area, R-66, together with parking garage to be constructed thereon, with publication dates to be September 7 and 14, 1984 and receipt of bids to be at 10:00 a.m. on September 24, 1984 c. Corrmission authorization requested for a prcposal and loan in connection with the 312 Loan Program in accordance with the recommendation from the Bureau of Housing. Contractor Th s & Jan Brown B &C Construction Co. 12l3 Humboldt Mr. Nimtz noted that this was a new item added to the agenda. Mrs. Kolata explained that a 312 loan was prEviously made to the Brown's on July 27, 1984. At that time a proposal was accepted frcm B &C Construction and a loan in the amount of $9,550 was approved. Since then the Br 's have asked that a number of items be deleted from the contract primarily to make thE loan more affordable to them. Commission Q!A RESOLUTION NO. 716 APPROVING THE FAIR RE -USE VALUE OF LAND IN THE CENTRAL DOWNTOWN URBAN RENEWAL AREA, R -66 COMMISSION AUTHORIZED A REQUEST TO PUBLISH A NOTICE OF INTENDED LEASE WITH OPTION TO PURCHASE PARCELS 4 -42, 4 -43 AND PART OF 4 -44 IN THE CENTRAL DOWNTOWN URBAN RENEWAL AREA, R -66, TOGETHER WITH PARKING GARAGE TO BE CONSTRUCTED THEREON, WITH PUBLICATION DATES TO BE SEPTEMBER 7 AND 14, 1984 AND RECEIPT OF BIDS TO BE AT 10:00 A.M. ON SEPTEMBER 24, 1984 Proposal Loan $7,062 $7,500 NEW ITEM ADDED TO THE AGENDA South Bend Redevelopment Commission Special Me ting - August 31, 1984 2. NEW BUSINESS (Cont..) c. uonrinuea... action is requested to rescind the previous loan approved July 27, 1984 and approve a new loan. B &C Construction would still be the contractor with a proposal in the amount of $7,062 and the loan would be in the amount of $7A500. Upon a motion made by Mr. Piasecki, seconded by Mr. Donoho and unanimously carried, the Conmission rescinded the action taken on July 27, 1984 concerning a loan and awarding of a co tract for Thomas and Jan Brown, 1213 Huniboldt. Upon a motion made by Mr. Piasecki, seconded by Mr. Donoho and unanimously carried, the Conmission approved a proposal and loan in cornection with the 312 Loan Program for Thcmas and Jan Brown, 1213 Humboldt,, a-:proposal fr B &C Construction in the amount of $7,062 ano a loan in the amount of $7,500. Mr. Hunt noted that ground breaking for the One Michiana Square project had taken place and they were preparing the site for construction to begin. 4. NEXT COMISSION MEETING 5. The ne Regular Meeting of the Conn - ission Will be held on Friday, September 14, 1984 at 10:00 a.m. There ing no further business to come before the Commission, Mr. Piasecki made a motion that thD meeting be adjourned. Mr. Donoho seconded the motion and it was unanimously carried. The meeting was adjourned at 10:17 a.m. Pri�!sadent _�4 ,Tbn R. Hunt, / -3- COMMISSION RESCINDED THE ACTION TAKEN ON JULY 27, 1984 CONCERNING A LOAN AND AWARDING OF A CONTRACT FOR THOMAS AND JAN BROWN, 1213 HUMBOLDT A PROPOSAL AND LOAN IN CONNECTION WITH THE 312 IRAN PROGRAM FOR THOMAS AND JAN BROWN, 1213 HUMBOLDT, A PROPOSAL FROM B &C CON- STRUCTION IN THE AMOUNT OF $7,062 AND A LOAN IN THE AMOUNT OF $7,500 WAS APPROVED PROGRESS REPORTS NEXT COMMISSION MEETING 101• - iia ve