The URL can be used to link to this page

Home My WebLink AboutRM 09-09-88September 10:00 a.m. Presiding 1. Legal Redevel Bureau News Me Others: Mr. Nhi continu 2. APPROW 0 , 1988 SOUTH • REDEVELOPMENT C• r : • PBGULAR FABW9G . Mr. F. Jay Nimtz President 1200 County -City Building 227 W. Jefferson Boulevard South Bend, Indiana 46601 Present: Mr. F. Jay Nimtz, President Ms. Paula N. Auburn, Vice President Mr. Roman J. Piasecki, Secretary Mr. Sandy Combs, Assistant Secretary Absent: Mr. Michael Doncho Ms. Carolyn Pfotenhauer Staff: Mrs. Ann Kolata, Deputy Executive Director Mrs. Cheryl Phipps, Office Manager Mr. Rick Pitts, Economic Development Specialist Housing Staff: Ms. Mary Richmond Mr. Ted Leverman Jeanne Derbeck, South Bend Tribune Mr. Carter Wolf, Center City Associates Ms. Alice Quigley Ms. Lynn Weber, Can- American Realty Corp. announced that the Executive Session held prior to the meeting would be following adjournment of the Regular Meeting. Upon a motion made by Mr. Piasecki, seconded by Mr. Combs and unanimously carried, the minutes of the Regular Meeting of Friday, August 26, 1988, were Upon a by Mr. 7ST440 :ion made by Ms. Auburn, seconded ibs and unanimously carried, the formally approved the claims August 29 and September 2, 1988 d checks dated September 2 and 9, 1988 to be released. -1- South Bend Regular MeE 3. APPROVE 4. 5. 6. Redevelopment Commission sting - September 9, 1988 L OF CLAIM (Cont.) of Commerce Feder Express Indian Bell Makiel : -ki, Inc. Muncie Newspaper Cheryl Phipps A -1 Coffee Service Indiana Dept. of Elevator Safety South Bend/Mishawaka Area Chamber of Commerce Indian polls Star Next Day Signs Visa - Valley American Total Admin 1988 Howard Park Hardware Interstate Glass Co. Moody's Investors Service C.F. Beyer Co. Total .I.F. 1985 GRAND AL There Oere no ccumunications. There uias no old business. a. -2- $ 6.00 102.50 180.38 17.00 31.15 68.96 10.00 52.00 25.00 99.63 280.00 192.08 $ 1,064.70 $ 102.19 118.00 5,000.00 1,250.00 $ 6,470.19 S 7.534.18 THERE WERE NO COMMUNICATIONS THERE WAS NO OLD BUSINESS South Bend Regular Me 6. NEW BU a. Co Redevelopment Coimnission ting - September 9, 1988 MESS (Cont.) Fr (4die Mae Jones 1015 W. Colfax M vina Wright 50 N. Sherman J. Neal 1204 W. Thomas Beatrice Wilder 1232 W. Napier Silas & Dovella West 8 12 W. Thomas George & Eva Hunt 116 E. Dayton Caitolyn Thrash 191.3 Elwood Nits. Kolata noted that Smith and Sons had the low proposal on property located at 1015 W. Colfax, 1232 W. N'a ier, and 1913 Elwood but they were mo e than 15% below the Bureau of Housing estimate and, therefore, were :IiEg.ialified. The low proposal on the property located at 812 W. Thomas was iram Clingenpeel Construction, but the Bureau of Housing determined that they ATexe unable to handle a project of that size. vIr . Kolata also noted that the loans Cal property located at 116 E. Dayton mc 1913 Elwood were for Homestead :)rcperties. Mrs. Kolata disclosed George Hunt is an employee of the )epartment of Economic Development but he does not have a le 'sion- making role in any of the 3ureau of Housing's activities and -3- $20,850.00 $ 9,550.00 $28,750.00 $27,350.00 $18,450.00 $26,500.00 $26,700.00 South Bend I Redevelopment Commission Regular M ting - September 9, 1988 6. NEW BUSINESS (Cont.) a. continuea... b. the Bureau of Housing has applied a waiver from the Department of ing and Urban Development. Ms Richmond noted that the loans for 1015 W. Colfax, 1204 W. Thomas, 1232 W. Napier, and 812 W. Thomas have West WaEhington grants in addition to the loans. Mr Piasecki expressed concern that th after rehabilitation value of a fe of the properties is expected to be less than the loan for the Upon a motion by Ms. Auburn, seconded by Mr. Combs and unanimously carried, the Commission approved the loans in cozmection with the Section 312 Loan PrOqrara in accordance with the re6&mendation from the Bureau of Ba#y Adams Barry Adams 128-130 S. Laurel Mr. Leverman noted that this property is located in the W. Washington historic district and that Mr. Adams is working closely with South Bend HeTitage Foundation on this project. � hearing that South Bend Heritage involved in the project Mr. Nimtz aced a conflict of interest and ualified himself from the ussion and voting and turned the r over to Ms. Auburn. -4- CONMISSION APPROVED THE LOANS IN CONNECTION WITH THE SECTION 312 LOAN PROGRAM $57,553.94 $17,000.00 (Public) $42,200.00 (Private) South Bend Regular MeE 6. NEW BUr b. Cor CP! elopment Commission - September 9, 1988 (Cont.) a motion by Mr. Piasecki, ded by Mr. Combs and carried, the ssion approved the proposal and in connection with the Rental- Program in accordance with the mendation from the Bureau of ng. Mr. Nimtz voted, "present ". Mr� Nimtz resumed the chair following th vote. wi at be The to Mrs Car to the . 108 N. Main Street. (Allen Schrager) Kolata summarized the staff ,rt. The petitioner proposes to bilitate the second floor office :e of the JMS Building annex. S Services of Indiana is the acted tenant. The project will ate one full time and one part time .tion within the first year with an al payroll of $12,000. The .tioner currently employs three . time and two part time employees i an annual payroll of $50,000. rehabilitation cost is estimated 250,000. The property is properly d for the intended use, it is ted in a tax abatement impact ., and is also located in a tax -ement financing allocation area. project qualifies for six years of abatement. The estimated taxes to aid with abatement is $33,300. amount to be abated is estimated e $47,268. . Quigley, representing Allen and Glyn Schrager, noted that the jobs :)e created are maintenance jobs for landlord, not Legal Services jobs. -5- • I I 1 • • - - -• Y1, I - i-i - N i I AMI a 12 -•d•• •. ..•..o. • ON M., V • NMI 0 1 - MM South Bend Redevelopment Commission Regular Meoting - September 9, 1988 6. NEW BU D ESS (Cont.) c. continuea... e. Upon a motion by Ms. Auburn, seconded by Mr. Combs and unanimously carried, the, Commission adopted Resolution No. 857 approving an application for real prcperty tax deduction for property 1 ted at 108 N. Main Street. Mrs. Kolata noted that Parcel E1 -1 is th parcel known as the Mill Race site, bounded by LaSalle Street, the t Race and the St. Joseph River. Ms. Lynn Weber, representing Can-American South Bend Partnership, explained the status of her company's project for the site. After the assumption of the Purchase Agreement by Can Am in March 1988, Can Am concentrated on putting together a ket analysis and going through the plan approval process, so that by June 1 they were submitting a financing booklet to approximately 35 lenders. Since then, interested lenders have been coming to South Bend for site visits. There are presently two lenders close to committing to the prcject. One has signed a commitment co tingent upon a site visit to be ma e September 12th. Ms. Weber noted that they have worked v hard on the project and are pleased with their progress, but since they do not have financing quite in place, they are requesting an Amendment to the Contract for Sale of Lard extending the time for delivering fizm financing commitments and for startirxj construction. They will also • i E • • •• • I• Z41iO1111110ft" Aoe APPROVING • FOR INEU PROPERTY TAX DEIXJCrION FOR PROPERTY LOCATED AT 108 N. MAIN South Bend I Redevelopment Commission Regular Me ting - September 9, 1988 6. NEW UINESS (Cont.) e. continued... d. be asking for an extension to the In ustrial Revenue Bonds from the Eccncmic Development Commission. Kolata explained that the request is to extend the Start Construction data from September 15th to December 231d. She indicated that Can Am feels confident that they will have a firm ccnmitment, without contingencies, within one week and they will then close on the extension of the Bonds. If they don't extend the Bonds by September 15th this contract is ted and the land will be available for other development. Mr. Nimtz thanked Ms. Weber for her caamitment to the project and re0omme.nded that the Commission ap a the Amendment. U a motion by Ms. Auburn, seconded by . Piasecki, the Commission app oved the Third Amendment to Co ct for Sale of Land for Private Dev a0pMent for Parcel E1 -1 in the Souph Bend Central Development Area. Mrs. Kolata noted that in preparation for accepting proposals for the sale of a Transwestern Building, the Camnission needs to address the environmental issues. Three proposals havo been received to conduct an envixonmental assessment. Mr. Pocius noted that there are two being proposed for the env' onmental assessment: (1) assessment of the Transwestern Building site itself and (2) -7- • f I • "' • � 1 t1' � 1�1 �. ICI • • • - • IAND FOR PRI= DEVELOPMENT FOR PARCEL E1-1 IN THE SOUTH BEND DEVELOPMENT South Bend I Redevelopment Commission Regular Meoting - September 9, 1988 I* 7. (Cont.) d. CoAtinued... assessment of other areas north of Sailple Street. The purpose is to de a the extent of contamination, if any, from asbestos, PCBs, or solvents which were used in the ustrial process. There will also be testing of the soil and ground Mrs. Kolata noted that the firms p posed an hourly or per test fee. These rates were comparable but the nLuber of tests anticipated varied. The staff recommends awarding to Ken Davis and Associates for assessment of the Transwestern Building and site and to EIS for other publicly owned land in the Corridor. The staff would like scmie flexibility in the authorization to do the necessary amount of testing. Mr. Pocius noted that the Ken Davis exTects to have the Transwestern work done within thirty days. The soils and ground water testing should be ccmiDlete within six weeks. Upon a motion by Mr. Combs, seconded by Mr. Piasecki and unanimously carried, the Commission authorized sta ff to enter into a Contract for Prc fessional Services with Ken E. Davis and Associates and with EIS for Environmental Assessment of the Transwestern Building and city -owned environs thereof, not to exceed $6,500 between the two contracts. Mrs. Kclata noted that the Human Resources and Economic Development Committee of the Common Council is considering changes to the Tax Abatement Ordinance. The next Committee meeting is September 15th at 3:30. Phe invited any interested Commis 'oners to attend. -8- COMMISSION AUTHORIZED A CONTRACT FOR SERVICES WITH KIN E. DAVIS AND ASSOCIATES AND WITH EIS FOR EN%r1R0M NTAL ASSESSMENT IN THE STUDEBA= CORRIDOR *.AelC South Bend Regular M 7. PROGMI 8. 9N Mrs. emplo 15th Nimtz and d Mr. has new bi= I�Gp are r maj or ahead Mr. w The Red be Redevelopment Commission ting - September 9, 1988 S REPORTS (Cont.) lata also noted that Ruth Tate, an e of the Department, has had her niversary with the Department. Mr. hanked Mrs. Tate for her loyalty ication to the Department. f noted that Center City Associates lished and distributed their first ter. They hope to publish hlv. :ck asked about the status of the Capital project. Ms. Kolata that the project is still alive, slightly behind schedule. They g to get a firm commitment on the ;ant and are prepared to move ckly when they do. noted that the Edwardos t project is still moving They are scheduled for a opening date. Regular Meeting of the mment Commission is scheduled to fiber 23, 1988 at 10:00 a.m. There heing no further business to come before the Commission, Ms. Auburn made a motion that the meeting be adjourned. Mr. Combs seconded the motion and the meeting was adjourned at 10:55 a.m. a- Ann E. cm NEXT CONMIISSION MEETING F WO-18i 11 e101mi ki 0 , Deputy Executive Director