The URL can be used to link to this page

Home My WebLink AboutRM 04-02-93SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING April 2, 1993 10:00 a.m. Presiding Officer: Ms. Paula N. Auburn President I. ROLL CALL 1308 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. Theo F. Sharp, Secretary Mr. Michael Donoho Mr. Philip J. Faccenda Legal Counsel: Ms. Jenny Pitts Manier Redevelopment Staff: Mrs. Ann E. Kolata, Director Mrs. Cheryl Phipps, Office Manager Mr. Matthew Carpenter, Economic Dev. Specialist Ms. Cleo Hickey, Economic Dev. Specialist Mr. Mike Beitzinger, Economic Dev. Specialist News Media: Mr. Don Porter, South Bend Tribune Mr. Thom Howell, U -93 Others: Mr. Tom Hoffman, O -T -D Corp. Ms. Auburn announced that the Executive Session held prior to the meeting will be continued following adjournment of the Regular Meeting. 2. APPROVAL OF MINUTES a. Approval of Minutes of the Regular Meeting of March 19, 1993. Upon a motion by Mr. Sharp, seconded by Mr. COMMISSION APPROVED THE MINUTES Faccenda and unanimously carried, the OF THE REGULAR MEETING OF MARCH Commission approved the Minutes of the 19,1993 Regular Meeting of March 19, 1993. Be South Bend Redevelopment Commission Regular Meeting - April 2, 1993 3. APPROVAL OF CLAIMS Claims submitted April 2, 1993, for approval. ADMIN 1993 ADT Security Systems $ 1,077.89 Catering By Billie, Inc. 89.80 Education Funding Research Council 98.00 St. Joseph County Recorder 48.00 Indiana Michigan Power Co. 6.00 VISA 11.91 Corporate Staffmg Resources 360.00 Corporate Staffmg Resources 360.00 East Race Printing 21.90 TOTAL $ 2,073.50 S.B.C.D.A. TIF GENES ACCOUNT Envirocorp $ 1,500.00 Real Estate Management Corporation 660.74 Gibson Insurance Agency 207.00 Jerome Michaels 2,000.00 NIPSCO 227.23 South Bend Water Works 120.71 B. David Huntington & Associates 3,500.00 Indiana Michigan Power Co. 190.92 Ken Herceg & Associates 2,698.94 Panzica Architects 1,500.00 Sign & Display Industry Fund 74.00 TOTAL $12,679.54 Petroleum Equipment $19,485.00 B & J Excavating 1,995.00 Peirce & Associates 300.00 Code Enforcement 450.00 TOTAL $23,314.00 -2- r� South Bend Redevelopment Commission Regular Meeting - April 2, 1993 3. APPROVAL OF CLAIMS (Cont.) UDAG 1993 The Troyer Group $ 4,357.00 TOTAL $ 4X7.00 GRAND TOTAL $ 42,424.04 Upon a motion by Mr. Donoho, seconded by Mr. COMMISSION APPROVED CLAIMS Faccenda and unanimously carried, the Commission SUBMITTED APRIL 2, 1993 FOR approved the Claims submitted April 2, 1993 for APPROVAL approval. Ms. Auburn declared a conflict of interest and did not vote. 4. COMMUNICATIONS There were no Communications. S. OLD BUSINESS There was no Old Business. 6. NEW BUSINESS a. Commission approval requested for Resolution No. 1149 approving an implication for real properly tax deduction for propertX located at 3722 Foundation Court in the Airport Economic Development Area. ( Aledo Company. L.L.C. Mr. Beitzinger read the staff report on the project. Aledo Company, L.L.C. (d \b \a\ O -T- D Corporation) is in the business of manufacturing, selling and leasing, and servicing containers for use in the Petro Chemical Industry. It proposes to build a -3- THERE WERE NO COMMUNICATIONS THERE WAS NO OLD BUSINESS Ll South Bend Redevelopment Commission Regular Meeting - April 2, 1993 6. NEW BUSINESS (Cont.) a. continued... 10,000 square foot addition to its present building on Foundation Court, to be used for shipping, receiving and warehousing. It will also bring in equipment to cut, bond, weld and assemble containers. The total estimated cost of new construction is $300,000. The total estimated cost of the equipment is $600,000. The project will create twenty -four new, permanent, full-tune jobs, representing an annual payroll of $540,000. The property is properly zoned for the proposed use. The property is not located in an area presently designated as a Tax Abatement Impact Area. It is, however, located in a Tax AdW Incremental Financing Allocation Area. The Aledo Company qualifies for five years of personal property tax abatement and three years of real property tax abatement under the tax abatement ordinance. Without abatement, taxes on the new equipment will be approximately $54,417 over the five year period. With abatement the taxes will be approximately $9,649. Therefore, the cost of the personal property abatement will be approximately $44,768 over the five year period. Without abatement, taxes on the real property will be approximately $42,075 over the three year period. With abatement the taxes are estimated to be approximately $14,165. Therefore, the cost of the real property abatement over the three year period will be approximately $27,910. ME South Bend Redevelopment Commission Regular Meeting - April 2, 1993 6. NEW BUSINESS (Cont.) a. continued... Mr. Hoffman, 0-T -D Corporation, noted that they are excited to be moving into the South Bend Area. They expect to begin construction as soon as their plans are approved down state and hope to start production in early July. Upon a motion by Mr. Donoho, seconded by Mr. Piasecki and unanimously carried, the Commission approved Resolution No. 1149 approving an application for real property tax deduction for property located at 3722 Foundation Court in the Airport Economic Development Area. (Alecto Company, L.L.C. ) Ms. Auburn declared a conflict of interest and did not vote. b. Commission approval requested for Resolution No. 1150 approving an application for personal vroW y tax deduction for pEMg ti y located at 3722 Foundation Court in the Airport Economic Development Area. (O -T -D Corporation) Upon a motion by Mr. Sharp, seconded by Mr. Donoho and unanimously carried, the Commission approved Resolution No. 1150 approving an application for personal property tax deduction for property located at 3722 Foundation Court in the Airport Economic Development Area. (O -T -D Corporation) Ms. Auburn declared a conflict of interest and did not vote. c. Commission approval requested for Lease with Kalamaros Associates in the South Bend Central Development Area. (behind 115 W. Colfax Avenue) -5- COMMISSION APPROVED RESOLUTION NO. 1149 APPROVING AN APPLICATION FOR REAL PROPERTY TAX DEDUCTION FOR PROPERTY LOCATED AT 3722 FOUNDATION COURT IN THE AIRPORT ECONOMIC DEVELOPMENT AREA (ALEDO COMPANY, L.L.C.) COMMISSION APPROVED RESOLUTION NO. 1150 APPROVING AN APPLICATION FOR PERSONAL PROPERTY TAX DEDUCTION FOR PROPERTY LOCATED AT 3722 FOUNDATION COURT IN THE AIRPORT ECONOMIC DEVELOPMENT AREA (O -T -D CORPORATION) South Bend Redevelopment Commission Regular Meeting - April 2, 1993 6. NEW BUSINESS (Cont.) c. continued... Mrs. Kolata explained that Kalamaros Associates is the new owner of the Sheffer Building. We had leased a 10'x979 piece of land behind that building to the former owners to be used for parking. We cancelled that lease and are willing to lease that piece of property to the new owners until it is needed for the expansion of the Morris Performing Arts Center. The terms of the lease are that for $1.00 per year they may use the property for parking during business hours and make it available for public parking during non - business hours. Kalamaros Associates will maintain the property and keep it insured. They are aware that the property will be used as part of the Morris expansion. The lease provides for a 30 -day notice of termination. Upon a motion by Mr. Faccenda, seconded by Mr. Donoho and unanimously carried, the Commission approved the Lease with Kalamaros Associates in the South Bend Central Development Area. (behind 115 W. Colfax Ave.) 7. PROGRESS REPORTS Mrs. Kolata introduced Matt Carpenter who now works for the Division of Redevelopment. He will be responsible for Studebaker Corridor and the new Sample -Ewing Development Area. In COMMISSION APPROVED THE LEASE WITH KALAMAROS ASSOCIATES IN THE SOUTH BEND CENTRAL DEVELOPMENT AREA (BEHIND 115 W. COLFAX AVENUE) PROGRESS REPORTS South Bend Redevelopment Commission Regular Meeting - April 2, 1993 8. NEXT COMMISSION MEETING The Next Regular Meeting of the Redevelopment Commission is scheduled for April 16, 1993 at 10:00 a.m. 9. ADJOURNMENT NEXT COMMISSION MEETING There being no further business to come before the ADJOURNMENT Redevelopment Commission, Mr. Faccenda made a motion that the meeting be adjourned. Mr. Piasec1d seconded the motion and the meeting was adjourned at 10:20 a.m. Paula N. Auburn, President dE Ann E. Kolata, Director