HomeMy WebLinkAboutRM 07-10-87SOUTH BEND REDEVELOPMENT COMMISSION
REGULAR SCHEDULED MEETING
July 10, 19 7
10:00 a.m.
Presiding Officer: Mr. F. Jay Nimtz
President
2.
3.
Members Present:
Members Absent:
Legal Counsel:
1200 County -City Building
227 W. Jefferson Boulevard
South Bend, Indiana 46601
Mr. F. Jay Nimtz, President
Mr. Roman J. Piasecki, Secretary
Mr. Michael Donoho, Assistant Secretary
Ms. Paula N. Auburn, Vice- President
Mr. Sandy Combs
Mr. Eugenia Schwartz
Redevelopment Staff: Mr.
Mrs
Ms.
Ms.
Mr.
Bureau Of Housing Staff: Ms.
News Media:
Others:
APPROV OF MINUTES
Jon R. Hunt, Executive Director
Cheryl Phipps, Office Manager
Gretchen Matthews
Hedy Robinson
Rick Pitts
Kathy Baumgartner, Director
Ms. Jeanne Derbeck, South Bend Tribune
Mr. Gary Sieber, WNDU -TV
Mr. Carter Wolf, Center City Associates
Mr. John Phair, Holladay Corporation
Mr. Charles Clark, Holladay Corporation
Upon a motion made by Mr. Piasecki, seconded COMMISSION APPROVED THE MINUTES
by Mr. Donoho and unanimously carried, the OF THE REGULAR MEETING OF FRIDAY,
minutes of the Regular Meeting of Friday, July JULY 10, 1987
10, 1987 were approved.
C$A K4FAl0jZ�`!
Upon a tion made by Mr. Donoho, seconded by COMMISSION FORMALLY APPROVED CLAIMS
Mr. Pia ecki and unanimously carried, the SUBMITTED JUNE 26 AND JULY 6, 1987
Commission formally approved the claims AND ORDERED CHECKS DATED JULY 2 AND
submitted June 26 and July 6, 1987, and JULY 10, 1987 TO BE RELEASED
ordered1checks dated July 2 and July 10, 1987
to be r leased.
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South Bend
Redevelopment Commission
Regular Meeting
- July 10, 1987
3. APPROVAL
OF CLAIMS (Cont.)
"ADMIN
987"
Indiana
Bell Telephone Company
Indiana
Bell Communications
Institute
of Real Estate Management
Makiels
i Art Shop
P.D.H.
Office Supply
Ziker Shannon
Catering
Appraise-All
General
Fund
MacMillzm
Book Club
Warren,
Gorham & Lamont
Windsor
Publications
Ziker Shannon
Catering
T.I.F. 1985
I & M electric Company
Cole Associates
T.I.F. 1.986
Carl Reinke & Sons
City of South Bend Parking
L. L. Ge s & Sons
TOTAL
4.
There were no communications.
5. OLD BUSINESS
There Was no old business.
6. NEW BUSINESS
a. CcrmLission authorization requested to
con act for
Bend Central
services in the South
t Area.
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$ 387.40
35.00
159.40
29.85
296.12
63.20
2,000.00
196.83
15.74
963.87
2,856.00
$ 7,079.96
$ 7.35
4,174.27
$ 4,181.62
$177,719.96
220.00
52,187.81
$230,127.77
$241,389.35
THERE WERE NO COMMUNICATIONS
THERE [AS NO OLD BUSINESS
South Bend edevelopment Commission
Regular Meeting - July 10, 1987
6. NEW BUS$NESS (Cont.)
a. Continued...
Mr. Hunt indicated that there would be no
ConrLission action required at this
meeting. There were three responses to
our request for proposals for engineering
and architectural services to redesign a
four block area of Niles Avenue between
the Old Lathe Works and Jefferson Street.
One proposal did not meet our
specifications and was rejected. The
other two are being forwarded to the
Dep of Engineering for their review.
The issue was continued until the July 24
b. CcimLission approval requested for
Resolution No. 806 approving an
a ication for real property tax
deduction for One Michiana Sauare
Assdciates.
Ms. Robinson gave the staff report on the
application. The property is located in
a tax abatement impact area and in a tax
incremental financing area. The project
is Expected to create 36 new permanent
full time jobs representing an annual
pay oll of $540,000. It will maintain
184 existing permanent full time jobs and
20 Existing part time jobs at an annual
payroll of $4,000,000. Real property
taxes payed at this location during the
pre ious five years totalled $125,972.26.
Per onal property taxes paid at this
location during the previous five years
totalled $25,028.62. The petitioner
estimates the after rehabilitation market
value of the property to be $2,000,000.
Bas d on the information supplied in the
petition, they qualify for a ten year
abatement. The estimated taxes to be
aba ed over the ten year period are
$14 ,996.
Mr. Hunt noted that the property being
considered for tax abatement is the old
Indiana & Michigan Electric building.
ISC
COMMISSION CONTINUED UNTIL JULY 24
South Bend edevelopment Commission
Regular Meeting - July 10, 1987
6. NEW BUSINESS (Cont.)
7.
b. Continued...
Mr. Phair explained Holladay's plans for
the building. He distributed copies of
the brochure they will use for
advertising when renovation is complete.
He Explained that Holladay Corporation
acquired the building approximately one
year ago as part of the deal for I & M to
move into One Michiana Square. They have
applied for the building to be designated
as EL historic building. They expect to
beg'n construction within 30 days with
can letion by the end of the year.
Mr. Wolf indicated that Center City
Associates strongly supports this project
because of the quality of work that
Holladay Corporation does and because of
the positive effect it could have on the
future of the Christman building.
Upon a motion by Mr. Piasecki, seconded COMMISSION APPROVED RESOLUTION NO. 806
by Mr. Donoho and unanimously carried, APPROVING AN APPLICATION FOR REAL
the Commission approved Resolution No. PROPERTY TAX ABATEMENT FOR ONE
806 approving real property tax abatement MICHIANA SQUARE ASSOCIATES
for One Michiana Square Associates.
c. Co ssion approval
Resclution No. 807 a
tion for real
for
an
tax
deduction for Richard E. Luten.
Mr. Hunt asked that this item be
continued until the July 24 meeting.
Mr. Hunt noted that the last portion of the
Michigan Street improvements has been
ccmpleted on schedule.
Ms. Der beck asked about the status of the
Christman building. Mr. Hunt explained that
we have no jurisdiction on a privately owned
building except to provide incentives for the
owner to improve it. Center City Associates
has had Oome contact with the owner and will
continuo to pursue the matter.
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COMMISSION CONTINUED UNTIL JULY 24
South Bend Redevelopment Commission
Regular Meeting - July 10, 1987
8. NEXT CONMISSION MEETING
U
The next Regular Meeting of the Redevelopment
Commission is scheduled for July 24, 1987 at
10:00 a. m.
Mr. Nimtz announced that the Executive Session
would reconvene immediately following the
Regular Meeting.
There being no further business to come before
the Conuission, Mr. Piasecki made a motion
that the meeting be adjourned. Mr. Donoho
seconded it and the meeting was adjourned at
10:55 a. in.
1
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F. Jay 4mtz, President - Aff R. Hunt, Executive