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HomeMy WebLinkAboutRM 11-27-87November 27, 10:00 a.m. Presiding Of 1. ROLL CA Members Members Legal C Redevel, News Others: SOUTH BEND REDEVELOPMENT COMMISSION REGULAR SCHEDULED MEETING 1987 icer: Mr. F. Jay Nimtz President 1200 County -City Building 227 W. Jefferson Boulevard South Bend, Indiana 46601 esent: Mr. F. Jay Nimtz, President Ms. Paula N. Auburn, Vice - President Mr. Roman J. Piasecki, Secretary Mr. Michael Donoho, Assistant Secretary sent: Mr. Sandy Combs sel: Ms. Eugenia Schwartz snt Staff: Mr. Jon R. Hunt, Executive Director Mrs. Ann E. Kolata, Deputy Executive Director Mrs. Cheryl Phipps, Office Manager Ms. Jeanne Derbeck, South Bend Tribune Mr. Norm Stangland, WSBT -TV Mr. Mark Kelley, WNDU -TV Mr. Joseph Guentert, Fair Tax Inc. 2. APPROVAL OF MINUTES Upon a motion made by Mr. Piasecki, seconded COMMISSION APPROVED THE MINUTES OF by Mr. Donoho and unanimously carried, the THE RESCHEDULED REGULAR MEETING OF minutes of the Rescheduled Regular Meeting of THURSDAY, NOVEMBER 12, 1987 Thursday, November 12, 1987 were approved. 3. APPROVAL OF CLAIMS Upon a motion made by Ms. Auburn, seconded by Mr. Piasecki and unanimously carried, the Commission formally approved the claims submitted November 16 and November 20, 1987 and ordered checks dated November 20 and December 1, 1987 to be released. e S u ► LeW Berreth Dil Company Coalition for Scenic Beauty First Source Bank Auto Leasing Insty- Pr'nts R. L. Polk & Co. -1- COMMISSION FORMALLY APPROVED THE CLAIMS SUBMITTED NOVEMBER 16 AND NOVEMBER 20, 1987, AND ORDERED CHECKS DATED NOVEMBER 20 AND DECEMBER 1, 1987 TO BE RELEASED 16.63 25.00 231.71 10.00 85.00 South Bend edevelopment Com-nission Regular Meeting - November 27, 1987 3. APPROVALOF CLAIMS (Cont.) Ziker -S annon Catering, Inc. General Fund — Postage Indiana Bell Communications, Inc. Ann Kol to Realtor National Marketing Institute South Bend Tribune Tri-County News Total ADMIN 1987 T.I.F. 1985 Ken Herceg & Associates Tot 1 i T.I.F. 1985 G TOTAL 4. There were no communications. 5. OLD BUSI1QESS There was no old business. 6. NEW BUSI SS a. Public Hearina concerning South Bend Redeve Revenue t Distric of 1988. Cif of Tax Mr. Nimtz opened the Public Hearing. Mrs. Kolata entered the following items into the record: 1. hn affidavit of Carol Smith, Classified Manager of the South Bend Tribune, that the Notice to Taxpayers Regarding Determination to ssue Bonds of the City of South nd Redevelopment District was ublished on November 13 and ovember 20, 1987 2. roof of Publication from David ollar of the Tri - County News that -2- 37.20 353.45 296.68 12.50 20.00 30.08 20.70 $ 1,138.95 $ 5,220.00 $ 5,220.00 $ 6,358.95 THERE WERE NO COMMUNICATIONS THERE WAS NO OLD BUSINESS PUBLIC HEARING CONCERNING PROPOSED APPROPRIATION OF PROCEEDS OF THE CITY OF SOUTH BEND REDEVELOPMENT DISTRICT TAX INCREMENT REVENUE BONDS OF 1988 South Bend qedevelopment Commission Regular Mee ing - November 27, 1987 6. NEW BUSINESS (Cont.) a. conuinuea... 2. (Continued... the Notice to Taxpayers Regarding Determination to Issue Bonds of the City of South Bend Redevelopment District was published in the Tri- County News on November 13 and November 20, 1987 3. An affidavit from Hedy Robinson stating that she did post a Notice of Determination to Issue Bonds in the lobby of the County -City Building, the lobby of the Post Office and the lobby of the South end Public Library on November 12, 1987. Mr. imtz asked if there was any objection to these items being entered into the record. There was none and the items were entered into the record. Mrs. Kolata noted that there were no wri en remonstrances received as of 10:00 a.m. November 27, 1987. Mrs. Kolata explained that this bond is a tax increment revenue bond for the South Bend Central Development Area in the amou,rit of $1.8 million. The proceeds from the bonds will be used for (1) public works improvements throughout the area, primarily in the Niles Avenue area, to create better lighting, angle street parking, sidewalk and curb improvements and widening of a portion of the street; (2) public improvements at Union Station to a low for railroad passenger service; (3) cquisition of some vacant lots in Monroe Park; (4) pedestrian walkways in the East Bank area; (5) improvements to some Redevelopment-owned parking lots whic have not been improved. Mrs. Kolata noted that it is expected that the bonds will be sold in January; ther fore, they will be 1988 bonds. Qc12 South Bend Jedevelopment Commission Regular Mee ing - November 27, 1987 6. NEW BUSINESS (Cont.) a. Contiinuect .. . Mr. mtz asked if anyone present desired :heard to concerning this matter. Mr. Piasecki asked if the distribution amo is had been determined for the various projects. Mrs. Kolata responded that after establishing the debt service reserve and the other costs incurred by issuing rev nue bonds, approximately 50% of the proceeds will be spent on the Niles Av ue improvements. The Department of Engineering has not completed its plans. Mr. Hunt asked Mrs. Kolata to explain the improvements at Union Station that the City is planning to provide. Mrs. Kolata explained that the City's portion would be to construct the public areas of the station, i.e. lobby, stairway, elevator. The City would enter into a lease with the owner for these areas. Mr. Guentert asked if the plans for Niles Avenue have been approved by the Traffic Engineering Department. His concern was that Niles Avenue is a natural corridor frorr the north side of South Bend to the Plealsant Street area of Mishawaka and that] these improvements are an attempt to chanlqe that. Mrs. Kolata indicated that the department has ceen working closely with the Engi eering Department throughout the design stage. The intent is to make Niles Avenue more of a local street with slower traffic by rerouting the through traffic south on Niles to Cedar Street and Dver to Hill Street which is wider and as traffic lights at all major intersections. Mr. unt noted that the present traffic patt rn on Niles Avenue is actually a misu e of a narrow, local street. He -4- South BE Regular a. a C. _nd Fedevelopment Commission Meeting - November 27, 1987 BUSINESS (Cont.) Continued... indicated that the department expects th area to be transformed to more of a pedestrian area over the next six or seven years as the land use in the area changes. He indicated that the issues raised by Mr. Guentert are being addressed during the design stage. Mr. Nimtz thanked Mr. Guentert for his comments. He asked if there were any other comments. There were none and he concluded the Public Hearing on this matter for whatever action the Commissio desired to take. Commission approval requested for Resolution No. 820 Supplemental priation Resolution One of South Ap r Bend Redevelopment District Tax Incremen Revenue Bonds of 1988. Kolata explained that this is the Mrs. resolution which appropriates the money for se once the bonds have been sold. Upon a motion by Ms. Auburn, seconded by Mr. Donoho and unanimously carried, the Comm.Lssion approved Resolution No. 820. CommLssion authorization requested to reco nd creation of a Redevelopment Authority for purposes of constructing a parking garage at St. Joseph and Wayne Streets in the South Bend Central Development Area. Kolata noted that the department Mrs. sent a letter to the Board of Public Works recommending that the one bid and seven proposals received for construction and financing of a parking garage at St. Joseph and Wayne Streets be rejected. WE recoirmended using a new provision in the redevelopment law that allows for the establishment of a Redevelopment Aath rity which could issue revenue bond! -5- COMMISSION APPROVED RESOLUTION NO. 820 SUPPLEMENTAL APPROPRIATION RESOLUTION ONE OF SOUTH BEND REDEVELOPMENT DISTRICT TAX INCREMENT REVENUE BONDS OF 1988 South Bend 4edevelopment Commission Regular Mee ing - November 27, 1987 6. NEW BUSINESS (Cont.) c. Continued... to construct the garage. The Commission would then lease the garage from the Authority, using garage revenues, the UDAC repayment, and T.I.F. revenues to make the payments. The lease payments woul then be used to pay for the bond. The Board of Public Works accepted the recommendation and rejected all of the proposals and the bid. Mrs. Kolata noted that considerable time was spent reviewing the proposals. The staff was pleased with the cooperation they received, especially from PVN. The primary objection to them was the cost of fina cing. Also, the PVN bid called for prlvpLte bidding on construction. She aoted that the Common Council would be tae body to establish the Authority. Once established, the Mayor would appoint the three members of the Authority. Mr. Guentert expressed concern over the establishment of another governmental organization having the power to tax or to nd. He felt that this method of financing makes it more difficult for a citizen to protest. He also objected to the building of another parking garage when the present City -owned garages are not paying for themselves. Mr. Guentert also indicated his objection to the Public Hearing on Resolution No. 820 being held on a day when both County and City offices were closed and the signs on the doors of the building indi ated that. He felt that citizen part cipation in the Public Hearing was disc uraged. Mr. Taimtz pointed out that all required noti es were published and posted as well as the Tribune carrying a story which stated that November 27 would be the date of Riblic Hearing. Building Security had open a the doors. South Bend Regular Mei 6. NEW BU c. Col elopment Commission - November 27, 1987 (Cont.) Mr. Nimtz explained that this method of financing is a revenue supported bond, not requiring taxation. However, the lease would be backed by a general obligation of the Redevelopment Co ssion if there was a shortfall in rev nues. Mrs. Kolata noted that the two City -owned garages are booked to over - capacity with regular parkers. New office buildings scheduled for the downtown and prospective businesses looking for space in e downtown are concerned with the lac of parking. Mr. 3uentert asked why private enterprise didn't build a parking garage if it was such a wonderful idea. Ms. kuburn stated that when she first moved to South Bend there were a group of people trying to prevent the building of Century Center. Fortunately, there were others with future vision determined to move forward. She chose to stay in South Bend partly because of its future- orierited citizens. Upon a motion by Mr. Donoho, seconded by Ms. Auburn and unanimously carried, the Commission authorized the staff to recaTmend to the Common Council the establishment of a Redevelopment Au rity, pursuant to law, with all the righ s, powers and privileges thereto appe tainincf. . fission approval requested for Lution No. 822 approving application for teal property tax abatement consideration for Kieffer /Zimoe Mrs. i Kolata explained that the Commission prevously authorized its President to sign a petition for tax abatement for the -7- COMMISSION AUTHORIZED THE ESTABLISH- MENT OF A REDEVELOPMENT AUTHORITY South Bend edevelopment Commission Regular Meeting - November 27, 1987 6. NEW BUS]NESS (Cont.) d. Continued... L. Feen Building. The Commission is still the property owner. The title has not been transferred because the Contract for Sale of Land was amended to allow the partnership to proceed with renovation using their own resources and cash flow instead of private financing. The partnership is requesting ten years of tax abatement. Upon a motion by Mr. Piasecki, seconded by Ms. Auburn and unanimously carried, the ommission approved Resolution No. 822. 7. PROGRESSIREPORTS COMMISSION APPROVED RESOLUTION NO. 822 APPROVING APPLICATION FOR REAL PROPERTY TAX ABATEMENT CONSIDERATION FOR KIEF'FER /ZIMPELMAN PARTNERSHIP Mr. Hunt noted that the Common Council voted PROGRESS REPORTS to establish the West Washington- Chapin Redevelopment District. There will be a Public H aring on that at the December 11 Commissi n meeting. He also noted that River Glen South office developmDnt and Parkview Atrium office developm nt are moving ahead. The Commerce Building has changed hands and is undergoing renovation. The new Business Communications Center i ready to open in the old license branch b ilding. Jeanne rbeck aksed if there were any other steps in the bonding process. Ms. Schwartz explained that prior to the sale of any bonds, the State Board of Tax Commissioners must issue their approval on the additional appropri tion and on the determination to issue bo ds. No other local bodies need approve e bonds. Mr. Guen ert asked the name of the bond attorney. Mrs. Kolata responded that Baker and Daniels of Indianapolis is the bond attorney. -8- South Bend Redevelopment Commission Regular Meeting - November 27, 1987 8. NEXT COIvMISSION MEETING The next Regular Meeting of the Redevelopment Commission will be December 11, 1987 at 10:00 a.m. A determination on rescheduling or cancelling the December 25 meeting will be made at that time. Mr. Nim z noted that the Executive Session will reconvene following adjournment of the Regular Meeting. 69M NEXT COMMISSION MEETING There being no further business to come before ADJOURNMENT the Conuission, Mr. Piasecki made a motion that the meeting be adjourned. Mr. Donoho seconded the motion and the meeting was adlourn at 10:45 a.m. , PreffS4ent Ann E. 7 Deputy Executive Director