Loading...
HomeMy WebLinkAboutRM 01-25-91January 25, 10:00 a.m. Presiding O 1. 2. 3. 1991 SO[TIH BEND REDEVELOPMENT Ca�NISSION REGULAR MEE=G . Ms. Paula N. Auburn President 1200 County -City Building 227 W. Jefferson Boulevard South Bend, Indiana 46601. Members Present: Ms. Paula N. Auburn, President Mr. Roman J. Piasecki, Vice President Mr. Michael Donoho, Secretary Mr. Sandy Combs, Assistant Secretary Members Absent: Mr. Philip Faccenda Legal Counsel: Ms. Jenny Pitts Manier Redevelopment Staff: Mrs. Ann Kolata, Director Mrs. Cheryl Phipps, Office Manager Mr. K.C. Pocius, Economic Development Specialist Ms. Cleone Hickey, Economic Dev. Specialist News Mec lia: Mr. Thom Howell, U -93 Mr. Don Porter, South Bend Tribune Others: Mr. Carter Wolf, Center City Associates Ms. Lori Dixon, Historic Preservation Commission Ms. A announced that the Executive Session held prior to the meeting would be continued following adjourrm ent of the Regular Meeting Upon a motion made by Mr. Piasecki, seconded by Mr. Cmbs and unanimously carried, the minutes of the Regular Meeting of Friday, January 11, 1991, were approved. Indiana Michigan Power Commercial Office Products Division of Equipment Services South Ekmd Tribune 10 -1- $ 5.90 78.91 61.33 38.61 $ 184.75 South Bend Regular Me 3. APPROV, elopment Commission - January 25, 1991 CLAIMS (Cont.) Lauver, Ralph D. TOTAL Board o Public Works TOTAL Abstract'. & Title Corp. Cole Associates John W. McDonough Roberts Andrew L. Roberts Andrew L. & St. Joseph Title Corp. Forrest Peggy St. Joseph Co. Welfare Dept. Rogers, Javan & Elvira St. Joseph County Treasurer Ball, Gordon Clean Air System, Inc. Fowler, Lillian Fowler, Kathy St. Joseph County Auditor First Interstate Bank St. Jos TOTAL ph County Recorder's Office Baker & Daniels Cole Associates First Realty of Indiana Lauver, Ralph Michaels Jerome Mc-Cl osk , Richard Cole Associates TOTAL , Daniel L. & Coapany -2- $ 3,000.00 $ 3,000.00 $ 7,114.68 $ 7,114.68 $ 200.00 1,990.58 411.00 1,050.00 19,180.00 1,940.00 1,500.00 3,405.90 1,344.10 5,637.28 40,911.00 10,830.00 6,000.00 1.00 4,341.95 7.00 $ 98,749.81 $ 15,103.63 16,559.58 11,650.00 5,350.00 10,000.00 7,000.00 1,448.48 $ 67,111.69 $ 2,167.00 $ 2,167.00 South Bend Redevelopment Commission Regular Meeting - January 25, 1991 3. APPROVAL OF CLAIMS (Cont.) PREDEVEIQPMENT FUND Cooper, Jill Sporleder, Todd TOTAL GRAND TOTAL Upon a motion made by Mr. Combs, seconded by Mr. Don ho and unanimously carried, the Commission formally approved the claims submitt January 15 and January 22, 1991 and ordered checks dated January 18 and January 25, 1991, to be released. 4. COMMU. There 5. OLD B a. C no ccmuunications. Mrs Kolata noted that this item was an addition to the agenda at the January 11th meeting. Cole Associates requested an increase of $3,242.00 in the contract amount due to additional testing required on t he floor of the Building. Our attorney had not had an oppc rtunity to review the contract. The i was tabled for legal review. The attorney has reviewed the proposed awx t to contract and ruled that the additional $3,242.00 is a reimbursable expense and should be paid. The staff r approval of the amendment to contract. Upon a motion by Mr. Donoho, seconded by Mr. Combs and unanimously carried, the Comission approved the amendment to contract with Cole Associates in the amount of $3,242.00. -3- $ 91.50 160.50 $ 252.00 $ 178,579.93 COMMISSION APPROVED THE CLAIMS SUBMITTED JANUARY 15 AND JANUARY 22, 1991, AND ORDERED CFIECKS DATED JANUARY 18 AND JANUARY 25, 1991, TO BE RELEASED THERE WERE NO COMMUNICATIONS CONMIISSION APPROVED AMENDMENT TO CONTRACT WITH COLE ASSOCIATES IN THE AMOUNT OF $3,242 South Bend edevelopnent Commission Regular Meeting - January 25, 1991 RP a. Mrs Kolata asked that the following items be entered into the record: 1) An original of the "Notice of Hearing on lmwrbient to the South Bend Central Dev (dcpment Area Development Plan;" 2.) An affidavit of Carol Smith, Classified Manager of the South Bend Tr' une, that the Notice of Hearing was published in that daily newspaper on January 11, 1991; 3.) An affidavit of Cherie Jolly, managing editor of the Tri ty News, that the Notice of Hearing was published in that weekly newspaper on January 11, 1991; 4.) A memo from Cleo Hickey stating that on January 9, 3991, she sent a copy of the Notice of HeaTing to the affected property owner and registered neighborhood association. 5.) A copy of Resolution No. 974 which is the subject of the public hearing; 6.) As f 10:00 a.m. on January 25, 1991, 0 written remonstrances were received. Ms. Auburn asked if there were any objections to entering these items into the public record. There were no objections and the items were so entered. Mrs. Kolata explained that the amendment to the plan adds one parcel of property to the acquisition list of the South Bend Central Development Area Development Plan. The parcel is titled "part of C27-7.11 The owner is Jane A. Anderson. The ccumon name of the property is the Colfax Theater. It is re camvnded for acquisition because it is a blighted structure and an inhibiting factor to dev opment on that block. Most of that block is in very good condition. 0 burn opened the public hearing and if there was anyone who wished to rd concerning this matter. -4- 101 AM • South Bend edevelop meat Commission Regular Mee ing - January 25, 1991 6. NEW BUSINESS (Cont.) a. cominuea... WOLF: I just want to clarify some thirgs. Is this only for acquisition, or is this acquisition and demolition? MRS. KOLATA: This is only for acquisition, although I think there is a vexy strong possibility that it would ther. mean demolition. But we have no reqLirement to state that at this point. MR. LF: How does this affect our plans to acqutire the Opelika Building. I know that1s another issue, but does it bump it? I'm kind of concerned about the fact that, we still have this pending situation. MRS. KOLATA: It really depends. In terms of the acquisition, we can handle both. The question will be the demolition cost and Ilooking at the budgets. We might have to make a budgetary decision. MR. WOLF: If it is demolished or developed, will there be a requirement that, it be bonded beforehand? Or a guarantee from the developer on the land? MRS. KOLATA: I can't say at this time. Nornally the Commission will acquire the property and make a determination as to whether the structure needed to come down at that point or would wait. I think that 's up to the Commission as to whether they are going to make a requirement as to whether or not there be a firm proposal for development. MR. LF: We understand the problems of the ouilding. It's also way down on the priority list of theaters, so it's fallen into that black hole. At one time we had recotmended and looked into the pons' ility of someone developing only the runt and not the auditorium. I that would be viable and that if it' sltorn down for a developer on the -5- South Bend evelopment Commission Regular Mee ing - January 25, 1991 6. NEW BUSINESS (Cont.) a. continued... sit 4, that's fine. If it was just torn dow# and ends up as a parking lot, then tha4 eliminates that as a possibility. MRS KOLATA: I think that, long term, we would expect to see development being built there and being built out - if not usirKj the front of the building, at least being out to the street edge. It is rossible, given the size of the site, that: some of it would be used for par , but certainly that would not be its Drimary use. MS. AUBURN: I think from a Commission stardpoint, we agree with Ann on that. It's our hope that there is some interest in developing that piece of property. If we can make it more attractive as a dev cpment site, I think that will hapr en. So, it's not our intent to make that-entire site a parking facility. I as Mr. Nimtz would say, "occasionally there are tire kickers." It to be a good time to move MR. PIASE=: Carter, do you think the Opelika Building should be a priority? Nurcker one on the list? MR. WOLF: Well, if there's one building I get calls on all the time, it's Opelika. I'd say a priority in terms of making sawthing happen, whether it's redeveloped or demolished. I just get tha all the time. It's right there in the 'ddle with everything else being MR. PIASEC I: Fortunately, the Colfax Thealter doesn't have a lot of windows. MRS. YOU KOLATA: But it does have some mural problems with the marquis and concerns from a public safety 1point. I think, in respect to what we saying about Opelika, the staff South Bend redevelopment ConmAssion Regular Mee ing - January 25, 1991 6. NEW BUSA E.SS (Cont.) a. conttinuea... would like to be able to deal with both structures. They are in different 1 tions and have different problems, but they are both blighting influences on wha is happening around them. The devElcpment has taken place all around them and they are the last buildings in their respective locations to be dealt Witt.. MS. : Do not take this as the fact that. we are backing off of the Opelika Bui dint. � LF: I was afraid it had gotten on the list. MS.JAUBURN: The current owner requested moro time and he's been given more time. MS. AUBURN: Are there any other comments? MS. DIXON: I'm Lori Dixon of the Historic Preservation Commission. I realize that deaxilition is not the question at this ti m, but I just want to make it clear for the record that the Colfax Theater is on the National Historic Register. Due to a. program management agreement between the City of South Bend and the State Historic Preservation office, we will want, to consult with the City prior to d lition plans. MRS. KOLATA: We will be checking into all of the requirements of Historic Preservation. We do. not expect to be usirg federal funds for this acquisition or demolition. We'll have to look into the requirements if we are not using federal funds. We will abide by what those requirements are. NS. • Is there any one else who wi to speak? -7- South Bend edevelopment Ccamission Regular Mee ing - January 25, 1991 6. NEW BUSINESS (Cont.) a. conuinuea... M:7 Th being no one else who wished to spezk on this matter, Ms. Auburn closed the public hearing for whatever action the Commission desired to take. Upo a motion by Mr. Donoho, seconded by Mr. Conbs and unanimously carried, the Coimission appraved Resolution No. 974 amending the South Bend Central Dev lopment Area Development Plan. Mrs. Kolata reported that the Redevelopment Authority held its bond salE on January 22nd. Both the taxable bond and the tax exempt bonds were sold. Our financial consultants felt that both bonds sold at very good interest rates. The successful buyer of the taxable bond was Jcbn Nuveen and Conpany, along with other underwriters, at an effective interest rate of 9.6161 %. Merrill Lynch CcnTany was the successful bidder of the tax exempt bond at an effective interest rate of 7.0486 %. The four bids on the taxable bond were v close, ranging fran 9.6161% to 9.6E18%. The five bids on the tax exempt bond ranged fran 7.04% to 7.28 %. The ease /rental amounts had been set at a rate in the Lease. As a result of the e, it is now necessary to approve the 7f tion of an Addendum to the lecting the actual payment mtz COMMISSION APPROVED RESOLUTION NO. 974 AMENDING THE SOUTH BEND CENTRAL DEVELOPMENT AREA DEVELOPMENT PLAN South Bend Regular Meg 6. NEW BUI c. coy elop wnt C=i i.ssion - January 25, 1991 (Cont.) Mrs. Kolata noted that the Redevelopment Authority will be acting on a similar resolution on January 29th. Mrs clo Feb: set on app for UPO. Mr. Com red for Pub: the Tea, d. Sta: Kolata also noted that we expect to on the taxable bond issue on ary 7th. No closing date has been or the tax exempt bond issue. Based S rules, it will probably be ximately one month after the closing he taxable bond. a motion by Mr. Combs, seconded by ionoho and unanimously carried, the .ssion approved Resolution No. 976 Ing the annual rentals on the Lease he Airport Economic Development Area c Improvement Project and approving xecution of an Addendum to the Mrs. Kolata noted that the staff sent purchase offers some time ago for properties in the Monroe Park area. Violet Barry owned nine of these properties. The staff has been negctiatug with Ms. Barry since the purchase offers were sent and has finally came to agreement with her on counter offers for those properties. The staff would like to reconmiend the following counter offers: 618 11M M10 -4 $ 30,500 514 kish M10 -5 32,500 611 3outh M10 -10 18,500 620 M M10 -11 18,500 622 M M10 -11 18,500 626 INE M10 -12 25,500 613 outh M10 -13 11,500 701 outh M10 -14 17,500 632 M10 -15 5,500 A_••••i r •ii •` • r r i • r - -• r •• r r •• W • rr� r • i South Bend evelcpoment Commission Regular Mee ing - January 25, 1991 6. NEW BUSINESS (Cont.) ro, d. continued... Mrs. Kolata noted that this have been a to series of negotiations. The counter off average $5,200 per property more than the original purchase offer. We f that it is justified because it will keep us from having to go to condemnation on each of these properties, it ccupletes a mejor acquisition in Monroe Park wittout resorting to condemnation, and, since a number of these properties have been or have became vacant during the acqLisition process, we have saved the cos of a number of relocations. by l Cone Vic): prod the There w The next Comniss: at 10: 01 9. ADJOURN! a motion by Mr. Piasecki, seconded COMMISSION APPROVED THE COUNTER 1. Combs and unanimously carried, the OFFERS OF VIOLET BARRY FOR ssion approved the counter offers of PROPERTY IN THE MONROE PARK t Barry as listed above for PORTION OF THE SOUTH BEND CENTRAL rties in the Monroe Park portion of DEVELOPMENT AREA outh Bend Central Development Area. no progress reports. Regular Meeting of the Redevelopment .n is scheduled for February 8, 1991 a.m. There being no further business to come before the Commission, Mr. Piasecki made a motion that the meeting be adjourned. Mr. Combs seconded the motion and the meeting was adjourned at 10:47 a.m. 4 '4- /U' &' j"�. Paula . Auburn, President -10- NEXT COMMISSION MEETING C10ry,61:�� 101az 11 Gt/ Ann E. Kolata, Director