HomeMy WebLinkAboutSM 05-17-90May 17, 199
4:30 p.m.
Presiding Officer:
1. ROLL CM L
Members Present
Members Absent:
Legal Counsel:
SOL71H BEND REDEVELOPMENT CUq4ISSION
MEETING
Mr. F. Jay Nimtz
President
Redevelopment Staff:
News Met
2. NEW BUSINESS
a. Ccwdssion
Rescilution
South
appiovIrg
AddcndLun
Cent
Imp
Lia:
anproyal
No. 935
Bend Redevelor
the execut
to the Leas
Development
avement Project.
1200 County -City Building
227 W. Jefferson Boulevard
South Bend, Indiana 46601
Mr. F. Jay Nimtz, President
Ms. Paula N. Auburn, Vice President
Mr. Sandy Combs, Assistant Secretary
Mr. Michael Donoho
Mr. Roman Piasecki, Secretary
Mr. Robert Rosenfeld
Mrs. Ann Kolata, Director
Mrs. Cheryl Phipps, Office Manager
Mr. David Norris, Economic Dev. Specialist
Mr. Don Porter, South Bend Tribune
Mrs Kolata explained that Resolution No.
935 is related to the bonds that the
Redevelopment Authority sold in March.
There were changes in the legal
desariptions which were a part of the
Upon a motion by Ms. Auburn, seconded by
Mr. Donoho and unanimously carried, the
Ctnutission approved Resolution No. 935
approving the execution of a Second
Addwxhm to the Lease for the South Bend
Centxal Development Area Public
Inpravement Project.
-1-
CONMISSION APPROVED RESOLUTION
I • 935 APPROVING THi EXECUTION
OF •• ADDENDUM TO THE
LEASE FOR THE SOUTH BEND CENTRAL
DEVELOPMENT AREA PU
IMPROVEMENT PROTECT
South Bend Redevelopment
Ccmrassion
Special Meeting
- May 17, 1990
2. NEW BUS
(Cont.)
b. CturAission
approval reauested for
Res6luti
on No. 936 a resolution of the
Sou
Bend Redevelommt Commission-
relz
t' to the approval of the Official
Stat
ement regardina the City of South
Bend
Redevelopment District Bonds of
199(.
Mrs
Kolata explained that the Commission
approved
the preliminary Official
Sta
t on April 20th. There were a
few
minor changes made to the Official
Statzment
on May 2nd. Now that the bond
has
been sold, the nnnbers have changed
based
on the interest rate and maturity
date
of the successful bidder.
Uport
a motion by Mr. Combs, seconded by
COMMISSION APPROVED RESOLUTION
Ms.
Auburn and unanimously carried, the
NO. 936 RELATING TO THE APPROVAL
Com
'ssion approved Resolution No. 936
OF THE OFFICIAL STATTMNTT
rel
ting to the approval of the Official
REGARDING THE CITY OF SOUTH BEND
Stal
ement regarding the City of South
REDEVELOPMENT DISTRICT BONDS OF
Berd
Redevelopment District Bonds of
1990
C.
im
Mrs Kolata noted that purchase offers
were sent for properties we intend to
acqLare in the West Washington- Chapin
Development Area about a month ago. We
have received two counter offers which
the staff recommends accepting:
W58 -33 $14,000
Newbill
.1 W58 -32 $18,900
Newbill
Upon a motion by Mr. Donoho, seconded by
Mr. Combs and unanimously carried, the
C(imission authorized the staff to
purchase Parcel W58 -33 for $14,000 and
Parcel W58 -32 for $18,900.
-2-
CMnSSION AUTHORIZED THE STAFF
TO PURCHASE PARCEL W58 -33 FOR
$14,000 AND PARCEL W58 -32 FOR
$18,900
South Bend RedevelopTient Connnission
Special Meeting - May 17, 1990
3. OTHER
There w6s no other business.
4.
5.
The n Regular Meeting of the Redevelopment
Ccmlliss on is scheduled for Friday, May 25,
1990, a 10:00 a.m.
There x
before
motion
Donoho
was adj
c7i �
Paulz
sing no further business to come
he Cc mission, Ms. Auburn made a
hat the meeting be adjourned. Mr.
seconded the motion and the meeting
)urned at 4:40 p.m.
N. Auburn, Vice President
-3-
►ia►4 OU10 - ON
W kv IV-$) : kiI iIDe0i
i
/ oL-
Ann E. Kolata, :rector