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Home My WebLink AboutRM 11-08-91November 8, 10:00 a.m. Presiding 0 1. 2. 19M 1991 • C M It ' :1102 •' ICI �. i • . M. Paula N. Auburn President 1200 County -City Building 227 W. Jefferson Boulevard South Bend, Indiana. 46601 Members Present: Ms. Paula N. Auburn, President Mr. Ranan J. Piasedd, Vice President Mr. Sandy Combs, Assistant Secretary Mr. Philip J. Faccenda Members Absent: Mr. Michael Doncho, Secretary Legal 0 xzisel: Ms. Jenny Pitts Manier Redevelopment Staff: Mrs. Ann Kolata, Director Mrs. Cheryl Phipps, Office Manager Ms. Cleo Hickey, Economic Dev. Specialist Mr. John Fonash, Economic Dev. Specialist Bureau of Housing Staff: Mr. Ted Leverman, Assistant Director News D69 Iia: Mr. Don Porter, South Bend Tribune Mr. Than Howell, U -93 Others: Mr. Carter Wolf, Center City Associates Mr. Dick Parker, Automatic Technologies Mr. Larry Deskovich, Automatic Technologies Ms. announced that the Executive Session held prior to the meeting would be continued following ad] a=nent of the Regular Meeting Upon a motion made by Mr. Faccenda, seconded by Mr. Canbs and unanimously carried, the minutes of the Regular Meeting of Friday, October 25, 1991, were approved. Cleo Hi (key Indiana Michigan Power VISA - Valley American Baker & Daniels -1- CESSION APPROVED THE NI<NUI'FS OF THE REGULAR NEE MG OF OCIOBER 25, 1991 6 150.00 6.00 120.00 855.00 South Bend Redevelcpment Commission Regular Mee ing - November 8, 1991 3. APPR OF CLAIM (Cont.) AEIMM 1991 continued... Federal Express South Tribune Tri-County News TOTAL Ken Her eg & Associates Daniel Pierotti TOIAL Ken Her eg & Associates Peirce & Associates L.L. Gawis & Sons SAL Donald . & H. Marie Shafer U.S. Smill Business Administration St. Jos Bph County Auditor St. Jos Bph County Recorder St. Jos ph County Treasurer Allied Products Baker & Daniels Bradberry Brothers Cole Associates Jerane 14ichaels Richard McCloskey TOTAL GRAM TOM Upon a inotion made by Mr. Canbs, seconded by Mr. Fac enda. and unanim usly carried, the Crnmiss'on formally approved the claims submitted October 30 and November 6, 1991. no camuanications . -2- 32.00 61.24 23.21 $ 1,247.49 $ 12,918.90 2,167.00 $ 15,085.90 $ 3,408.90 500.00 39,742.24 $ 43,651.14 $ 964.06 7,150.00 2.00 14.00 99.23 3,036.71 5,301.47 31,117.00 3,511.68 525.00 11.800.00 $ 63,491.15 $ 123,475.68 CCMvaSSION FORMALLY APPROVED CIAIDE SUBMI= OCTOBER 30 AND NOVEMBER • . South Bend: Regular Mee 5. OLD BUS There w 6. NEW BUS a. Cam 0 elognent Commission - November 8, 1991 no old business. THERE 'WAS NO OLD BUSINESS .el J. Kois Daniel J. Kois $36,120.00* $18,060.00 (Public) N. Sherman $18,060.00 (Private) *ificludes $1,262.55 contingency and fees Mrs Kolata noted that this property is a three-unit house. Since the contractor, is also the owner of the property the Cannission must accept the proposal as well award as the loan. a motion by Mr. Faccenda, seconded by 14r. Cambs and unanimously approved, the Commission accepted the proposal of Daniel Kois in the amount of $36,120.00 in onnection with the Rental Rehab Loan for property located at 619 N. Sherman. CESSION ACCEPTED THE PROPOSAL OF DANIEL KOIS IN THE AM= OF $36,120 IN COMECITON WITH THE RENTAL REHAB LOAN FOR PROPERTY 1 LOCATED AT 619 N. SHERRMAN Upoi a motion by Mr. Piasecki, seconded by Mr. Faccenda and unanimously carried, the Carmission approved the Rental Rehab Local in the amount of $18,060.00 for property located at 619 N. Sherman in acc rdance with the recanrendation from the Bureau of Housing. logrent Area (Aquarius Tool & Mold, Mrs. Kolata read the staff report on the uro'ect. -3- COMMISSION APPROVED THE RENIAL REHAB • ' IN E AbU= OF $18,060 FOR PROPERTY LOCATED AT 619 N. SHERMAN IN ACCORDANCE TBE RECCMVENDATION -• I BUREAU OF • 1 South Bend Regular Meg slopmezt Commission - November 8, 1991 6. NEW BUSOMSS (Copt.) b. continued... The petitioner proposes to purchase and ins :all Computer Aided Design and ter Aided Manufacturing Systems ( /CAM) for use in the production of plastic injection molds. The new equ'pnezt uses the latest in computer aid technology to design and build molds. The petitioner states that the new equipment is needed to keep ahead of c tition and to fill increasing cus corer orders for molds delivered in a sho er time span. The project will create no (0) new, pernanent, full -time jobs, but will ma' tain twenty -six (26) existing pernanent, full -time and part -time jobs with an annual payroll of $955,000. The to estimated cost of the equipment is $120,000. The property is properly zoned for the proDosed use. The property is not loca.ted in an area presently designated as a Tax Abatement Inyaact Area by the Sou Bend Common Council. The property is 'Located in a Tax Incremental Financing Allocation Area. The petitioner qua1ifies for five years of personal prqDerty tax abatement under Section 2 -8 .2 (Tangible Personal Property) of the I Tax Abatement Ordinance. Without abatement, the taxes on this project would be approximately $11,063. Wit abatement, the taxes would be app tely $2,313. Therefore, the amomt abated over the five year period woL4d be approximately $8,750. Mr. Fonash noted that Aquarius Tool & ivbld is a wholly owned subsidiary of Autpatic Technologies. Mr. Parker and Mr. Deskovich are at the meeting representing both companies. -4- South Bend Regular Me 6. NEW BUT' b. ca C. elopment Cmiission - November 8, 1991 (Cont.) Mr. Parker explained that the mold indtistry and the plastics industry have dbanged substantially. It is necessary to be a full service manufacturer and cut the time from design to shipping the praluct while improving quality. This C ter aided equipment will enable ius Tool and Mold to remain c titive by cutting production time and improving quality. Upal a motion by Mr. Faccenda, seconded by Mr. Piasecki and unanimously carried, the Commission approved Resolution No. 1025 approving an application for personal property tax deduction for p rty located at 1920 N. Kenmore Stn--et in the Airport Economic lcpment Area. (Aquarius Tool & Mold, Inc.) Area. (Automatic , Inc.) Mr. ' Fonash read the staff report on the moro ect . The petitioner proposes to purchase and install two Kawaguchi KM 50 -3 Molding Presses, five Corsair CD 100A d 'difying Dryers, one Conair CD 200A dehmadifying Dryers with options, and thirteen Corsair Tempro thermolators Model TCI DI. This new manufacturing equipment will be used in the custan molding of plastic injection parts and will not rep ace existing manufacturing equipment. The petitioner states that the proposed equipment is needed to seriice increased customer requirements. The project will create no (0) new -5- I�JI� • •- ••• ■.'ll' • .911 South Bend evelopmelt Conmi_ssion Regular Mee ing - November 8, 1991 6. NEW BUSOMS (Copt.) c. ccnr- =ecl.. . M pernanent, full -time jobs, but will ma' tain two hundred ten (210) existing pernanent, full -time and part -time jobs witi an annual payroll of $5,200,000. The property is properly zoned for the p ed use. The property is not 1 ted in an area presently designated as EL Tax Abatement Impact Area by the Sou Bend Common Council. The property is ocated in a tax Incremental Financing Allocation Area. The petitioner qua1ifies for five years of personal property Tax abatement under Section 2-84.2 (Tangible Personal Property) of the Tax Abatement Ordinance. Witiout abatement, the taxes on this project would be approximately $19,264. Witi abatement, the taxes would be app tely $4,027. Therefore, the amomt abated over the five year period wo4d be approximately $15,237. Mr. Parker noted that the name of the in the medical industry, also, is ity. This equipment will enable Autdratic Technologies to remain c titive in their business in the '906. Upai a motion by Mr. Piasecki, seconded by Mr. Faccenda and unanimously carried, the Can-aission approved. Resolution No. 1026 approving an application for pergonal property tax deduction for p rty located at 3606 Progress Drive in he Airport Economic Development Area (Au anatic Technologies, Inc.). MrsJ Kolata asked that this item be tab ed indefinitely. IN • 1 • ••••• �� • • • 1 ••••• 1 • ••• . • •. ..�. • �. ■.•.ON ■ . •JIB • •- ..•.�. • . 0� .1. -'•H' �- V I 1 � � Y` C �1 1 I• 1 � South Bend. Regular Me( W e. f. elopment Comdssion - November 8, 1991 (Cant.) MrsL Kolata asked that this item be . ($2,700.00) Mrs Kolata explained item 6.f. and 6.g. which are both proposals fran the same c . The proposal for $2,700 is to provide services and prepare a document cal ed a Request for Expression of Int rest (RFEI). The Redeveloprent Au ority has been buying land in the Ai rt Economic Development Area for the gal course/business campus site. They exp�ct to close on the final parcel soui. This document (RFEI) will be sent to developers, in the midwest as well as a Ader area, to put forward the concept of iwhat we are trying to acccxnplish in the Airport Economic Developnent Area to firxi out if they are interested in dem�lcping the land and soliciting p s on how they would propose to achieve that development. Mrs. Kolata exp ained that the RFEI will mesh together the public bidding process and the identification of a developer, rechicing conflict and speeding up the Mrs giv( & A( thi: by l PrOl su}a Dec( rat: the Kolata noted that the staff has L permission for Basile Baumann Prost ociates to proceed with developing document and it should be complete vember 11. The staff will then :ed with a nailing, requesting .ssion of the RFEIs in late fiber. The staff is requesting `ication of the proposal to prepare RFEI. -7- South Bend Redevelopment Commission Regular Mee ing - November 8, 1991 6. NEW BUSfD M (Copt . ) 7. f. continued... 42 Mrs. The second proposal is for professional serAces to canpile information we have fran hotel, golf course, and office feasibility studies and to put together a to 'cal package which we could include in bid packet offering the land for 1 e/purchase. The amount of this p is $9,300.00. We have worked wit Ralph Basile of this firm in the pas:. He has a lot of experience in �as, ing together public /private sector often representing the public Mrs Kolata noted that, while this to 'cal package is being prepared, the staff will have the land appraised so tha we can put it up for bid in late Upai a motion by Mr. Combs, seconded by Mr. Faccenda and unanimously carried, the amnission ratified the proposal with Basile Baumann Prost & Associates, Inc. for professional services related to the Ai rt Econani.c Development Area in the anxXmt of $2,700. . ($9,300.00) Upai a motion by Mr. Faccenda, seconded by 11r. Canbs and unanimously carried, the Ccumassion approved the proposal with Basile Baumann Prost & Associates, Inc. for professional services related to the Airoort Econamic Developneit Area in the am%mt of $9,300. to noted that at the October 25 ►n meeting Mr. Piasecki asked a about the properties rehabilitated COMMSSION RATIFIED THE PROPOSAL WITH BASILE BA MA N PROST & ASSOCIATES, INC. FOR PROFESSIONAL SERVICES RELATED TO THE AIRPORT ECONOMIC DEVELOPM= AREA IN THE ANIJUNr OF $2,700 camiSSION APPROVED THE PROPOSAL WITH BASILE BAUN.AM PROST & ASSOCIATES, INC. FOR PROFESSIONAL SERVICES RELATED TO THE AIRPORT ECONOMIC DEVEIIAPM= AREA IN THE MUWF OF $9,300 WOW" .0 "a I South Bend Regular Me 7. r,.'f a alopnent Commission - November 8, 1991 (Cont.) through the Rental Rehab Loan Program. Mr. Leve has prepared a list of the Rental Rehab p jects that have been approved prior to this meeting. The represent a total of $893,158 in Rental Rehab Loans for 144 units of renbil housing. The list includes the owners name and address and the year the loan was approved. The Commissioner are welcans to drive past them and Mr. Leverman will t to arrange an opportunity to go through sane if that is desired. The meeting of the Commission is NEXT CONNaSSION MEE'I'IlV schedul to be a Special Meeting on November 12, 1991 at 10:00 a.m. The next Regular Meeting of the Commission is scheduled to be November 22, 1991 at 10:00 a.m. There bBing no further business to cane ADJOURNMMr before a Commission, Mr. Faccenda made a motion t the meeting be adjourned. Mr. Canbs s corded the motion and the meeting was adj at 10:36 a.m. Lz-J-,1U- Paula N� Auburn, President Wo AniT-E. Kolata, Director