HomeMy WebLinkAboutRM 07-26-91SOUM BEND REDEVELOPMENT COMAESSION
REGULAR MEETING
July 26, 1991 1200 County -City Building
10.00 a.m. 227 W. Jefferson Boulevard
Presiding Officer: M. Paula N. Auburn South Bend, Indiana 46601
President
i �I'MMr
Mmbers
Present:
Ms.
Paula N. Auburn, President
Mr.
Raman J. Piasecki, Vice President
Mr.
Michael Doncho, Secretary
Mr.
Sandy Canbs, Assistant Secretary
Mr.
Philip J. Faccenda
Legal C
el:
Mr.
Robert Rosenfeld
Redevel
t Staff:
Mr.
Jan Hunt, Executive Director
Mrs.
Cheryl Phipps, Office Manager
Ms.
Hedy Robinson, Econanic Dev. Specialist
News
'a:
Mr.
Howard. Dukes, South Bend Tribune
Mr.
Than Howell, U -93
Others:
Mr.
Carter Wolf, Center City Associates
Mr.
Ernest Szarwark, Barnes & Thornburg
2. APPROVAL
OF mmir s
3.
a.
There
4. COMA.
There
a motion made by Mr. Piasecki,
ded by Mr. Canbs and umni ously
ed, the minutes of the Regular
ng of Friday, July 12, 1991, were
Ved.
no claims.
no camunications.
5. OLD BUS "S
There was no old business.
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COMMISSION APPROVED THE DMXT .S
OF THE REGULAR MEE TNG OF FRIDAY,
JULY 12, 1991
iM- �- • u
iN- -• ... I •
South Bend
Regular Me
M
a.
elopnent Commission
- July 26, 1991
Mr. Hunt read the staff report regarding
the tax abatement application. Adams
EngLneering proposes to rehabilitate
5,0)0 to 6,000 square feet in its
exi ting structure for the construction
of m advanced engineering department, an
ele tropics lab service department, a
h yd --aulics testing department, and a
sp' 3dle assembly cleaning roan.
Asa result of the project, four new
perrenent full -time jobs will be created,
rep senting an annual payroll of
$103,000. The project will maintain
eighty-seven existing permanent full -time
and five part -time jabs with an annual
payroll of $1,732,000. The project cost
is estimated at $200,000.
The property is properly zoned for the
p ed use. The property is located in
a T3.x Abatement Impact Area and in a Tax
incremental Financing Allocation Area.
Mr. Hunt noted that the project qualifies
for six years of tax abatement. Without
aba anent the taxes on the project are
estimated to be $52,821. With abatement,
the taxes are estimated to be $21,833.
The fore, the cost of the abatement is
es t' ted to be $30,988 over the six year
ner'od of abatement.
Mr. Sza>:wark noted that Adams Engineering
will combine their facility in Mishawaka,
knoan as Manufacturing Technology Inc.,
wita Adams Engineering at the West
Masaington Street Location. This will
le both canpaniies to resin cost
cammtitive and efficient in an
increasingly competitive envirc mment.
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South Bend edevelopment Commission
Regular Meeting - July 26, 1991
6. NEW BLTSVM (Cont.)
a. continues...
rol
C.
Mr. Faccenda noted that he works with Mr.
S k and declared a conflict of
interest on this item.
Upon a motion by Mr. Donoho, seconded by
Mr. Combs and unanimously carried, the
Cannission approved Resolution No. 1008
app g an application for real
prowty tax deduction for property
1 ted at 1702 West Washington (Adams
Eng ring, Inc.). Mr. Faccenda
abs from the vote.
was no report.
Ms. Robinson noted that the Cmirnission
sold Parcel 14 to Fortuna Land Company on
October 27, 1989. This Certification is
evidence of satisfaction that the
devBlcper has constructed the
imp is according to the terms and
cmiitions of the Contract for Sale of
Lani for Private Development.
Mr. Donoho asked, as a point of principle
not directly related to this request, if
the Commission could withhold a
Ce ificate of Conpletion for a project
unt'1 the contractors were all paid. Mr.
Hun stated that he believed that a
developer's obligation to the Co nnission
is Liniited to the items outlined in the
Con Tact for Sale of Land and the
Can nission. would be obliged to issue a
Ce ificate of Ccnpletion when those
canJitions were met, irrespective of
oth outstanding issues.
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CCNMSSION APPROVED RESOLUTION
• 018 APPROVING AN APPLI i�• •
FOR • ■'•'Ji' DED •
FOR PROPERTY LCCCATED AT 1702
NG
'WASHIN= (ADAM ENGINEERING,
I
41MI .r� • '•'
South Bend
Regular Me
6. NEW BU
C. Co.
M
e.
alcgnent Catmission
- July 26, 1991
(Cont.)
upoa a motion by Mr. Faccenda, seconded
bylvir. Piasecki and unanimously carried,
the Ccnmi.ssion approved the Certificate
of Carpletion for Fortuna Land Carpany
for Parcel 14 in Monroe Park (South Bend
Cep ral Development Area).
9LIV
of
0
Mr.
not
Rosenfeld explained that the
fission acquired the Colfax Theater on
7, 1991. At that time there were
ued taxes and penalties on that real
to totaling $13,208.42. The
fission is petitioning the State Board
ex CaYmissioners to release the
ued taxes and remove the property
ithe tax rolls.
. a motion by Mr. Faccenda, seconded
t. Donoho and unanimously carried,
CmTnission approved the Petition to
ase Accrued 'faxes and Remove Property
i Tax Rolls.
Rosenfeld noted that on
it 26, 1991, the Ccnmission
isferred. this property in the Monroe
area to the Board of Public Works.
purpose for the transfer of the
perty was for the development of
jle family housing by a not- for - profit
3nization. At the time two
- for -profit organizations were
Brested in developing the property.
Board of Public Works has requested
�ution of a deed for that property.
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• •. in • ki M QOj -L • r ! Ll is
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• • •••.• DIN
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MMONSIDNIIIIJUMV A,
R . .. • . . . • A, - •
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South Bend
Regular Meg
6. NEW BU.
e. coy
7.
go
elopment Commission.
- July 26, 1991
(Copt.)
Upoa a motion by Mr. Doncho, seconded by
Mr. Combs and unanimously carried, the
Ccrn-cmssion approved execution of a Deed
for disposition of property located at
624 and 626 -630 S. Columbia in the South
Bero Central Development Area.
There wire no progress reports.
The Regular Meeting of the Redevelopment
Commission is scheduled for August 9, 1991 at
10:00 a.m.
There ]
before
Combs i
adj our.
and the
411
Paula
ping no further business to cane
he Redevelopment Commission, Mr.
mde a motion that the meeting be
.d.. Mr. Doncho seconded the motion
meeting was adjourned at 10.25 a. m.
N
V. Auburn, President
CCMvnSSION APPROVED EXE=ON OF
WEED FOR DISPOSITTON OF PROPERTY
LOCATED AT 624 AND 0 S.
COLU BIA THE • I•
CENTRAL DEVELOPN= AREA
NEXT CESSION MEETING
49 • I�
4;;-2
Ann E. Kolata, Director
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