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HomeMy WebLinkAboutSM 04-26-90April 26, 1990 12:30 p.m. Presiding O fig 1. ROLL CALL • :Ii 1 '111 11 •' 111 i• 'I '1 • ' 111 Do FA 1 Ms. Paula Auburn Vice President Members Present: Members Absent: Legal Counsel: Redevel t Staff: News Mec Lia: 2. NEW BUS r a. ConuhisE 1200 County -City Building 227 W. Jefferson Boulevard South Bend, Indiana 46601 Ms. Paula N. Auburn, Vice President Mr. Roman J. Piasecki, Secretary Mr. Michael Donoho F. Jay Nimtz, President Mr. Sandy Combs Ms. Carolyn Pfotenhauer Mrs. Ann Kolata, Director Mrs. Cheryl Phipps, Office Manager Mr. Larry Koepfle, Economic Dev. Specialist Mr. Don Porter, South Bend Tribune Mrs Kolata noted that Can American has requested that we issue a Certificate of Completion for The Po' to at Saint Joseph apartments before the end of April. They need the Certificate of Completion in order for them to have their permonent financing in place before May 1st when the construction financing bonds are due. Mrs. Kolata noted that there are some construction items that are not ccnTlete. Although we do not want to set a precedent for issuing a Certificate of Completion before a project is complete, the staff feels that the cirmunstances in this case are extenuatincr. -1- South Bend edevelcpment Commission Special Mee ing - April 26, 1990 2. NEW BUSII,TESS (Cont.) a. ccnuinuea... Mr. Koepfle toured the project and prejered a list of construction items that: were not complete. They are listed in his memo of April 25th to Jon Hunt and Ann Kolata. The in lete items are as follows: 1) Building D: Exterior is partially finished; the exterior insulation and finishing system and final colors must be applied. 2) ilding E: The exterior insulation and finishing system and final colors must be applied. 3) 'verbank: Concrete from truck lean -out during building nstruction must be removed. 4) ennis Court: Must be surfaced, fined and posts and nets be 5) *iimning Pool: Must be finished. 6) ping: Work begun on April 3, 1990 must be completed. Mrs. Kolata noted that we are confident that Can Am will complete the project soon because it is in their interest to do so. However, as a gwLrantee, we recommend that the C ssion hold the $30,000 retainer unti the items on the list are Como ete. Mrs. Kolata indicated that we will come back to the Commission for authorization to release the $30,000 when these items are complete. Upon a motion by Mr. Donoho, seconded by Mr. Piasecki and unanimously carriad, the commission approved the Certificate of Completion for The -2- COMNTISSION APPROVED THE CER'T'IFICATE OF COMPLETION FOR THE POINTE AT SAINT JOSEPH WITH 'THE PROVISION THAT THE $30,000 RETAINER WILL NOT BE RELEASED South Bend edevelopment Commission Special Mee ing - April 26, 1990 2. NEW BUSVESS (Cont.) a. continued... Po' to at Saint Joseph with the prMlision that the $30,000 retainer will. not be released until the items listed in Mr. Koepfle's memo of April 25, 1990 are complete. Mr. Piasecki asked if we would want to e dd anything to this list. Mrs. Kole to responded that Mr. Koepfle did a orough inspection and we feel confident that this list is complete. 90• 4. 5. Mrs. Kol to noted that the bond closing for the Domtown Improvement Project was Tuesday, April 24th. We now have funds to proceed with the projects. The next Regular Meeting of the Redevelqmient Commission is scheduled for May 11, 1990 at 10:00 a.m. UNTIL THE ITEMS LISTED IN MR. KOEPFLE'S MEMO OF APRIL 25, 1990 ARE COMPLETED NEXT COMMISSION MEETING There being no further business to come ADIOURNMENTI' before the Commission, Mr. Piasecki made a motion that the meeting be adjourned. Mr. Dono o seconded the motion and the meeting was adjourned at 12:46 p.m. 't), ZLI't-cetj'L�) Paula N. Auburn, Vice President MIS Ann E. Kolata, Director