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Home My WebLink AboutRM 11-08-85November 8, 10:00 a.m. Presiding 0 1. ROLL CA Members Members Legal Cc Redevel( Bureau ( News Mec Others: SOUTH BEND REDEVELOPMENT COMMISSION REGULAR SCHEDULED MEETING 1985 1200 County -City Building 227 W. Jefferson Boulevard Eicer: Mr. F. Jay Nimtz South Bend, Indiana 46601 President Present: Mr. F. Jay Nimtz, President Ms. Paula N. Auburn, Vice - President Mr. Roman J. Piasecki, Secretary Absent: Mr. Michael Doncho, Assistant Secretary Mr. Sandy Combs, Member )unsel: Ms. Eugenia Schwartz )pment Staff: Mr. Jon R. Hunt, Executive Director Mrs. Ann Kolata, Executive Deputy Director Ms. Denise Sullivan, Office Manager )f Housing Staff: Ms. Janet Holston, Director Mr. Ted Leverman, Assistant Director lia: Ms. Jeanne Derbeck, South Bend Tribune Ms. Glenda Rae Hernandez 2. APPROVAL OF MINUTES Mr. Nimt.z noted for the record that the Executive Session was adjourned and will reconvene immediately following the regular meeting. Upon a motion made by Mr. Piasecki, seconded by Ms. Puburn and unanimously carried, the minutes of the Regular Meeting of Friday, October 25, 1985 were approved. 3. APPROVAL OF CLAIMS Upon a motion made by Ms. Auburn, seconded by Mr. Piasecki and unanimously carried, the Commissi n formally approved claims submitted October 31 and November 6, 1985, and ordered checks dated November 7 and November 13, 1985 to be released. COMMISSION APPROVED THE MINUTES OF THE REGULAR MEETING OF FRIDAY, OCTOBER 25, 1985 COMMISSION APPROVED CLAIMS SUBMITTED OCTOBER 31 AND NOVEMBER 6, 1985, AND ORDERED CHECK DATED NOVEMBER 7 AND NOVEMBER 13, 1985 TO BE RELEASED South Bend edevelopment Commission Regular Meeting - November 8, 1985 3. APPROVAL OF CLAIMS (Cont.) Redevel ment District Bonds 1972 4. City Awning of South Bend $ 2,989.00 Trans T ch Electric 497.00 Total $ 3,486.00 East Bank City of South Bend - City Clerk $ 100.00 Total $ 100.00 .. Dainty Maid Bake Shop $ 18.40 General Fund 127.49 Indiana Bell 1,163.11 Summit Club of South Bend 62.97 Warren-Gorham-Lamont, Inc. 33.90 Circuit Court of St. Joseph County 9,787.89 Guarantee System 105.30 S.A. Ccimiunications 22.50 Marci Jewelers 71.20 Multigr phics 128.85 Pierce & Associates 150.00 Postmas er 163.21 Roccos Restaurant 28.42 South Bend Street Dept. 889.39 St. Joseph Bankcard 25.16 Travel re 899.00 Andrew Troeger & Co. 162.00 Marcia Ullery - Petty Cash 100.06 Delta Consulting Services, Inc. 1,500.00 S.A. Communications 69.30 Critten en Books, Inc. 38.50 Fica Tax Deduction 1,704.99 PERF 1,136.86 Payroll 10 -12 thru 10 -15 -85 11,570.79 Total $29,959.29 Grand Total $33,545.29 Mr. Hun read the following letter from the City Controller, Michael Vance, related to the Tax Increment Financing Bond. -2- LETTER READ INTO THE RECORD FROM THE CITY CONTROLLER, MICHAEL VANCE RELATED TO THE TAX INCREMENT FINANCING BOND South Bend 4edevelopment Con-anission Regular Mee ing - November 8, 1985 4. COMMUNISATIONS (Cont.) November 4, 1985 South B nd Redevelopment Commissioners 1200 Co my -City Building South Bind, IN 46601 Dear Commissioners: Pursuant to the authority you have vested in me in your Resolution No. 747, this letter is to inform you that I have determined that any bid for your tax increment revenue bonds of 1985 in an amount ess than Four Million Ninety -Five Thousand Dollars ($4,095,000) will be determined to be unaccep able. Very truly yours, Michael L. Vance City Controller Ms. Schwartz explained that this is a technical matter. While the Redevelopment Commission under law is Authorized to accept bids down to 97% of the par value of the bonds, Michael Vance and the financial advisor have determined that this level, which is greater than that 97 %, should be used and should also be included in the notice of sale of bonds. Mr. Nirftz noted that the date for the opening for the sale of bonds has been changed from November 19 to November 26, 1985, at 12:00 noon in the City Controller's office. There will be a special meeting of the Redevelopment Commission scheduled for that time in case any Commission action is needed. 5. OLD There wis no old business. 6. NEW BUS a. Com and for proposals wi in accordance with the from the Bureau of Housing. -3- THERE WAS NO OLD BUSINESS South Bend Regular Me 6. NEW BU a. Co. elopment Commission - November 8, 1985 (Cont.) Contractor Mar eline Williams Jurtin's Construction Company $2,500.00 114 W. Washington Carrie L. Makielski Michiana Roofing & Const. 1138 E. Haney Carrie L. Makielski Electric Construction Co. 1138 E. Haney Carrie L. Makielski Niezgodski & Sons 1138 E. Haney Upon a motion made by Ms. Auburn, seconded by Mr. Piasecki and unanimously carried, the Cormtission approved proposals and grants in connection with the Emergency Repair Program as listed above. Mr. Nimtz made an official welcome to Janet Hol ton, Director of the Bureau of Housing, returning from a maternity leave. Mr. Nimtz reported that the Bureau staff did a very good job in her absence. It was noted that Mr. Piasecki drew the names for the drawing of the Homestead awards made on November 6, 1985. b. C ssion a No. 751 redec Deve lopment A for Resolution the South Bend Central the development plan. Mr. Hunt explained that the amendment to the Development Plan for the South Bend Central Development Area involves the addition of one parcel to the acquisition list. That parcel is 15 -3 which is owned by the Greater Christian Tabernacle Church located at 310 W. Monroe. The amount of land to be acquired is 3,300 square feet. It is the church that sits within the project area for the proposed multi-use stadium. Acquisition of the church squares out the block for the stadium project. -4- $ 700.00 $ 230.00 $1,525.00 COMMISSION APPROVED PROPOSALS AND GRANTS IN CONNECTION WITH THE EMERGENCY REPAIR PROGRAM AS LISTED ABOVE South Bend 11edevelopment Commission Regular Mee ing - November 8, 1985 6. NEW BUS$NESS (Cont.) 7. b. Continued... Mr. Hunt noted that no decision has been reached on what to do with the church after it is acquired but it could be sold for a project that would fit into the staduim complex or for a p olect associated with the staduim. Upon a motion made by Mr. Piasecki, seconded by Ms. Auburn and unanimously carried, the Co ssion approved Resolution No. 751 red claring the South Bend Central Development Area to be blighted and amending the dev lopment plan. c. Ccrmdssion approval r ested for bids and loans in connection with the Rental Rehab Loan Pr ram in accordance with the recommendation from the Bureau of Housing. COMMISSION APPROVED RESOLUTION NO. 751 REDE- CLARING THE SOUTH BEND CENTRAL DEVELOPMENT AREA TO BE BLIGHTED AND AMENDING THE DEVELOPMENT PLAN Contractor Bid Johr Freidline John Freidline Construction $39,225.00 410-412 N. Williams Ma L. Green V.V. Engle Construction Co. $ 7,540.00 102 N. Burns Mr. Hunt explained that, unlike three previous Rental Rehab applications, neither of these applications include Community Development funding. These applications are a combination of Rental Rehab funds and private financing. Upon a motion made by Ms. Auburn, seconded by Mr. Piasecki and unanimously carried, the Condission. approved bids and loans in connection with the Rental Rehab Loan Program. a. L. Keen Building Bid Schedule Mr. Hunt reported that the sale of the L. Keen building was advertised on November 1 and Nov Ember 8, 1985. Bids are to be received on Dec Ember 2, 1985. In addition to the normal adv rtisement, the staff ran an advertisement in e South Bend Tribune which included a pic ure of the building on November 3, 1985. -5- $20,000.00 $ 4,000.00 COMMISSION APPROVED BIDS AND LOANS IN CONNECTION WITH THE RENTAL REHAB LOAN PROGRAM AS LISTED ABOVE REPORT ON L. KEEN BUILDING BID SCHEDULE South Bend edevelopment Commission Regular Meeting - November 8, 1985 7. Progress Reports (Cont.) b. Tax Incremental Finance Bond Sale Schedule Mr. Hunt reported that the Tax Incremental Fimmce Bond sale is scheduled for November 26th at 12:00 noon. The notice for sale of bonds will be advertised November 8th and Noveinber 15th. There will be a special Red velopment Commission scheduled for the ti of the sale. c. Mot Foundation Report Mr. Hunt reported that Redevelopment received copies of a special report from the Mott Foundation which included a nice article on South Bend Heritage's program highlighting the Mo oe Park area. Mr. Hunt noted that Glenda Rae Hernandez was quoted quite extensively in the article. 8. NEXT COD MISSION MEETING The nee Regular Meeting of the Commission will be held on Friday, November 22, 1985 at 10:00 a.m. a There being no further business to come before the Cormtission, Mr. Piasecki made a motion that the meeting be adjourned. Ms. Auburn seconded the motion and it was unanimously carried The meeting was adjourned at 10:40 a.m. k W-W, :''!►� -6- REPORT ON THE TAX INCREMENTAL FINANCE BOND SALE SCHEDULE REPORT ON THE MOTT FOUNDATION SPECIAL REPORT ON SOUTH BEND HERITAGE AND MONROE PARK NEXT COMMISSION MEETING WN • - ii .ve