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HomeMy WebLinkAboutSM 11-16-90SOUTH BEND REDEVELOPMENT COMMISSION SPECIAL MEETING November 16 1990 1200 County -City Building 10:00 a.m. 227 W. Jefferson Boulevard Presiding Off icer: Ms. Paula N. Auburn South Bend, Indiana 46601 Vice President 1. 2. 3. Members Present: Ms. Paula N. Auburn, Vice President Mr. Roman J. Piasecki, Secretary Mr. Sandy Combs, Assistant Secretary Mr. Michael Donoho Members Absent: Mr. F. Jay Nimtz, President Legal Counsel: Ms. Jenny Pitts - Manier Redevel 'pment Staff: Mrs. Ann Kolata, Director Mrs. Esther Deak, Secretary News Media: Mr. Don Porter, South Bend Tribune Mr. Thom Howell, U -93 Others: Mr. Richard Bradford Ms. Helen M. Bradford Mr. John Pendl Ms. Aub4rn announced that the Executive Session held prior to the meeting would be continuod following adjourment of the Special Meeting. There wire no ccmmmications. a. Thmias Jr. & Michelle Thomas Brademas Jr. rademas $25,180.00 $12,590.00 (Public) 100 Sherman Ave. $12,590.00 (Private) * cludes $910.00 contingency -1- South Bend evelopment Commission Special Mee ing - November 16, 1990 3. OLD BUSUESS (Cont.) 4. a. conuinuea... a. Joseph MacHatton Joseph MacHatton 413 S. Jackson * includes $2,552.00 contingency Mrs Kolata noted that Rental Rehab loans are made at 0% interest for ten years, 10% of the loan forgiven each year if the property is maintained and is made available to low and moderate i= me people. Upor. a motion by Mr. Combs, seconded by Dr. Donoho and unanimously carried, the Commission approved a Rental Rehab Loanin the amount of $12,590.00 to Thomas Brademas Jr. and Michelle Bra emas for property located at 1003 Sh Avenue and approved Tom Bra emas Jr. as the contractor. Upor. a motion by Mr. Donoho, seconded by Dr. Combs and unanimously carried, the Commission approved a Rental Rehab in the amount of $22,500.00 to Jos ph MacHatton for property located at 413 S. Jackson and approved Joseph Mad1fatton as general contractor. Mrs. Kolata reported that the staff has received a counter offer for Parcel 4 -31 in the Studebaker Corridor Development Area. The property is located at 1107 S. Lafayette. The co offer is $7,500. The staff r accepting the offer. by a motion by Mr. Doncho, seconded r. Piasecki and unanimously -2- $48,552.00 $22,500.00 (Public) $26,052.00 (Private) JOSEPH COMAISSION APPROVED RENTAL REHAB I.DAN IN THE AMOUNT OF $22,500 FOR rC r• • FOR - -• -E•a IOCATED AT 413 S. JACKSON AND APPROVED • - MACHATTON AS -• CONTRACMR COWUSSION ACCEPTED THE COUNTER OFFER OF $7,500 FOR PARCEL 4 -31 IN South Bend edevelopment Commission Special Mee ing - November 16, 1990 4. NEW BUS$NESS (Cont.) 5. 99 7. a. conttinuect... ed, the Commission accepted the er offer of $7,500 for Parcel in the Studebaker Corridor oument Area. Mrs Kolata reported that the staff has received a counter offer for Par (ml 4 -14 in the Studebaker Corridor Development Area. The property is loatted at 1124 S. Franklin. The co ter offer is $4,500. The staff recomnends accepting the offer. 1 DWN W 0101 VA N.'awel.14.141 ro' NCO)rw WI V-11 V Upon a motion by Mr. Combs, seconded COMMISSION ACCEPTED COUNTER OFFER OF by Mr. Donoho and unanimously carried, $4,500 FOR PARCEL 4 -14 IN THE the Commission accepted the counter STUDEBWER CORRIDOR DEVELOPMENT AREA off of $4,500 for Parcel 4 -14 in the Studebaker Corridor Development Area. Mrs. Kolata reported that the documents PROGRESS REPORTS necessary to approve the Airport 2010 Bond Resolution were not ready for this meeting That item will be on the agenda for the December 7th meeting. The n meeting of the Redevelopment NEXT COMMISSION MEETING Commission will be the Rescheduled Regular Meeting on December 7, 1990. There ing no further business to come ADJOURNMENT before the Commission, Mr. Combs made a motion that the meeting be adjourned. Mr. Doncho seconded the motion and the meeting was adjourned at 10:20 a.m. V1 Paula N ti. Auburn, Vice President -3- E. Kolata, Director