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Home My WebLink AboutRM 11-15-96SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING November 15, 1996 10:00 a.m. Presiding: Paula N. Auburn President 1. ROLL CALL Members Present: Legal Counsel: Redevelopment Staff: Business Assistance: Media: Others: 2. APPROVAL OF MINUTES 1308 County -City Building 227 W. Jefferson Boulevard South Bend, Indiana Ms. Paula N. Auburn, President Mr. Robert W. Hunt, Vice President Mr. William P. Hojnacki, Secretary Mr. Philip J. Faccenda Mr. Michael Donoho Ms. Jenny Pitts Manier Mrs. Ann E. Kolata, Director Ms. Vangelean Binion, Recording Secretary Ms. Amy Tweeten, Economic Development Specialist Mr. Mike Beitzinger, Economic Development Specialist Mr. Don Porter, South Bend Tribune Mr. Gunther Jordan, Exacto, Inc. a. Approval of Minutes of the Regular Meeting of Friday, November 1, 1996. Upon a motion by Mr. Hunt, seconded COMMISSION APPROVED THE MINUTES OF THE by Mr. Donoho and unanimously carried, MEETING OF NOVEMBER 1, 1996 the Commission approved the Minutes of the Regular Meeting of November 1, 1996. H:\ HOME \CPHIPPSMPDATA \COMMSN\111596.MIN -1' South Bend Redevelopment Commission Regular Meeting - November 15, 1996 3. APPROVAL OF CLAIMS Redevelopment Commission Claims submitted November 15, 1996, for approval. ADMIN 1996 (212 East Race Printing $29.80 Day Timers Inc. $107.75 Gene's Camera Store $19.47 Plastimatic Arts Corp. $10.00 Cole's Associates Inc. $1,690.00 Georgia Tech Continuing ED $495.00 360 Communication $66.16 Mobile Comm $10.00 General Fund Printing $84.24 Slide Craft Corp. $48.00 AIRPORT TIF REVENUE (324) J. F. New & Associates $850.00 American Electric Power $1,448.38 York Title & Escrow $55.00 Blackthorn Golf Course $1,200.00 South Bend Water Works $1,844.74 SAMPLE- EWING DEVELOPMENT AREA (414.) American Electric Power $325.24 South Bend Water Works $20.00 Cole Associates Inc. $2,125.00 Torok Excavating & Demolition $2,000.00 Michiana North American $200.00 Stickler Mechanical Contractors $250.00 S.B.C.D.A. T.I.F. GENERAL ACCOUNT(420) City of South Bend General Fund $200,000.00 T.I.F. ALLOC. WEST WASHINGTON (422) Code Enforcement $4,985.35 BLACKTHORN GOLF COURSE (619) North American Golf $6,450.00 H:\HOME \CPHIPPS \WPDATA \COMMSN\l 11596.MIN -2- South Bend Redevelopment Commission Regular Meeting - November 15, 1996 3. APPROVAL OF CLAIMS (Cont.) Upon a motion by Mr. Faccenda, seconded by Mr. Donoho and unanimously carried, the Commission approved the Claims submitted November 15, 1996 and ordered the checks to be released. 4. COMMUNICATIONS There were no Communications. 5. OLD BUSINESS There was no Old Business. 6. NEW BUSINESS a. Commission approval requested for Resolution No. 1475 approving an application for personal property tax deduction for property located at 1137 S. Lafayette. ( Exacto, Inc.) Mike Beitzinger gave the staff report. Exacto, Inc. is a precision machine shop manufacturing precision machined parts and components to customer specifications. The Exacto, Inc. project calls for the purchase and installation of two new Miyano Model LZ -01 Automatic CNC Turning Centers, two new Okamoto Model 1 GM ID Grinding Machines, one refurbished Miyano BNC -34 -T 2 axis CNC Turning Center, one Lapping Machine, an Optical Comparator, a Roundness Tester, designated gages and an upgraded CAD - Computer system. Exacto, Inc. expects to purchase the equipment in three phases over the next two years. The total cost of the project is estimated at $863,000. H:\ HOME \CPH PPS \WPDATA \COMMSN\111596.MIN -3- COMMISSION APPROVED THE CLAIMS SUBMITTED NOVEMBER 15, 1996 AND ORDERED THE CHECKS TO BE RELEASED THERE WERE NO COMMUNICATIONS THERE WAS NO OLD BUSINESS South Bend Redevelopment Commission Regular Meeting - November 15, 1996 6. NEW BUSINESS (Cont.) a. continued.... Per the petition, it is estimated that this project will create eight new, permanent, full -time jobs within the first year representing a new annual payroll of $133,120. The project will also maintain seventy existing permanent full time and part time jobs representing an annual payroll of $1,379,040. A review of the tax abatements previously granted finds that the petitioner was granted a ten year real property tax abatement in November 1982, and a five year personal property abatement in September 1993. Exacto, Inc. is in compliance with the reporting requirements for the 1993 abatement. The building commissioner has reviewed the petition and finds the property to be properly zoned for the proposed project. A review of the tax abatement designation maps finds that the property is located in the Tax Abatement Impact Area and the Economic Development Target Area, as well as the Urban Enterprise Zone. A review of the Redevelopment designation areas finds that the property is located in the Sample/Ewing Development Area, which is a Tax Incremental Allocation Area, therefore, the petition first requires the approval of the South Bend Redevelopment Commission. A review of the Tax Abatement Ordinance finds that Exacto, Inc. meets the qualifications for a five year personal property tax abatement under Tangible Personal Property Tax Abatement. H:\ HOME\ CPHIPPS \WPDATA \COMMSN\111596.MIN 4- South Bend Redevelopment Commission Regular Meeting - November 15, 1996 6. NEW BUSINESS (Cont.) a. continued.... Using an estimated project cost of $863,000, the total taxes generated are approximately $78,449. The estimated amount to be abated is approximately $64,538. The taxes still paid with the abatement are $13,911. Gunther Jordan stated that Exacto, Inc. has been in the Studebaker Corridor for twenty -five years. He stated that Exacto, Inc. was taken over by himself in January 1989 with a lot of old equipment. Mr. Jordan stated that due to the depreciation and wear -and -tear of the old equipment, his company was forced to replace some of the old equipment in order to maintain a twenty -four hour operating business. Upon a motion by Mr. Faccenda, seconded by Mr. Hcjnacki and unanimously carried, the Commission adopted Resolution No. 1475 approving an application for personal property tax deduction for property located at 1137 S. Lafayette. ( Exacto, Inc.) b. Commission approval requested for Resolution No. 1476 related to acquisition of property in the Sample - Ewing Development Area by Eminent Domain. Mrs. Kolata noted that this resolution authorizes the staff to send one purchase offer for a property at 713 E. Keasey. H :\HOME\CPHIPPS \WPDATA \COMMSM1I1 59614IN -5- CONMSSION ADOPTED RESOLUTION NO. 1475 APPROVING AN APPLICATION FOR PERSONAL PROPERTY TAX DEDUCTION FOR PROPERTY LOCATED AT 1137 S. LAFAYETTE (EXACTO, INC.) South Bend Redevelopment Commission Regular Meeting - November 15, 1996 6. NEW BUSINESS (Cont.) b. continued.... Upon a motion by Mr. Hojnacki, seconded by Mr. Hunt and unanimously carried, the Commission adopted Resolution No. 1476 related to acquisition of property in the Sample -Ewing Development Area by Eminent Domain. c. Commission approval requested for use of the Morris Civic Plaza for the tree lighting ceremony. Mrs. Kolata noted that Claudia Falkenberg from Community Affairs has requested that the tree lighting ceremony take place at 6:00 p.m. Friday, December 6, 1996 at the Morris Civic Plaza. Mrs. Kolata noted that "Downtown for the Holidays" will have "Saturday with Santa" on December 7, 1996 at the State Theater; and a "Holiday Ice Skating Party" on December 8, 1996 at Howard Park. Upon a motion by Mr. Hojnacki, seconded by Mr. Hunt and unanimously carried, the Commission approved the use of the Morris Civic Plaza for the tree lighting ceremony. d. Commission authorization requested for Deeds of Dedication related to Elder Parkway. Mrs. Kolata explained that authorization is needed to execute deeds of dedication for the right -of -way related to Elder Parkway. H:\ HOME\ CPHIPPS \WPDATA \COMMSN\111596.MIN -6- COMMISSION ADOPTED RESOLUTION NO. 1476 RELATED TO ACQUISITION OF PROPERTY IN THE SAMPLE -EWING DEVELOPMENT AREA BY EMINENT DOMAIN COMMISSION APPROVED THE USE OF THE MORRIS CIVIC PLAZA FOR THE TREE LIGHTING CEREMONY South Bend Redevelopment Commission Regular Meeting - November 15, 1996 6. NEW BUSINESS (Cont.) d. continued.... Upon a motion by Mr. Faccenda, seconded by Mr. Hojnacki and unanimously carried, the Commission authorized the execution of Deeds of Dedication related to Elder Parkway. e. Commission approval requested for use of Blackthorn's logo by Park Place at Blackthorn. Mrs. Kolata noted that this is for the Jack Young development, and they have proposed signage which would include the use of the Blackthorn logo. Ms. Manier commented that the use of the logo on the signs was clearly shown on the drawings that were submitted but it was unclear what other uses might be proposed. She suggested a more detailed agreement was needed for the other uses. Upon a motion by Mr. Hojnacki, seconded by Mr. Hunt and unanimously carried, the Commission approved the use of the Blackthorn logo on the Park Place sign only, and authorized Jenny Pitts- Manier to bring back an agreement to the Commission for approval of any other use of the Blackthorn logo by Park Place. E Commission approval requested for proposal from Walker Parking Consultants/Engineers Inc. for design services in the South Bend Central Development Area. H:\HOME\ CPHIPPS \WPDATA \COMMSN\111596.MIN -7- COMMISSION AUTHORIZED THE EXECUTION OF DEEDS OF DEDICATION RELATED TO ELDER PARKWAY COMMISSION APPROVED THE USE OF THE BLACKTHORN LOGO ON THE PARK PLACE SIGN ONLY AND AUTHORIZED JENNY PITTS - MANIER TO BRING BACK AN AGREEMENT TO THE COMMISSION FOR APPROVAL OF ANY OTHER USE OF THE BLACKTHORN LOGO BY PARK PLACE South Bend Redevelopment Commission Regular Meeting - November 15, 1996 6. NEW BUSINESS (Cont.) E continued.... Mrs. Kolata asker permission to table item 6.f. There were no objections and item 61 was tabled. g. Commission approval requested for Loan and Grant in connection with the Affordable Loan Program for property located at 1702 W. Ewing. (James & Mary Vlahantonis) Mrs. Kolata noted that the loan to James & Mary Vlahantonis is in the amount of $6,450.00 at 1% interest for nine years with monthly payments of $62.47. The grant is in the amount of $847.50. Upon a motion by Mr. Faccenda, seconded by Mr. Donoho and unanimously carried, the Commission approved the Loan and Grant in connection with the Affordable Loan Program for property located at 1702 W. Ewing. (James & Mary Vlahantonis) 7. PROGRESS REPORTS Mrs. Kolata noted that the Joint Committee on Blackthorn Golf Course met on November 14, 1996. They reviewed 1996 financial information and discussed the proposed budget and fees for 1997. These items will be on the Commission agenda in December. Mrs. Kolata introduced Amy Tweeten, the new Economic Development Specialist for the South Bend Central Development Area. She began working on Tuesday, November 12, 1996. H:\HOME \CPHIPPS \WPDATA \COMMSNU 11596.MIN -8- ITEM 6.F. WAS TABLED COMMISSION APPROVED THE LOAN AND GRANT IN CONNECTION WITH THE AFFORDABLE LOAN PROGRAM FOR PROPERTY LOCATED AT 1702 W. EWING (JAMES & MARY VLAHANTONIS) South Bend Redevelopment Commission Regular Meeting - November 15, 1996 8. NEXT COMMISSION MEETING: The next Regular Meeting of the Redevelopment Commission is scheduled for December 6, 1996 at 10:00 a.m. 9. ADJOURNMENT There being no further business to come before the Redevelopment Commission, Mr. Faccenda made a motion that the meeting be adjourned. Mr. Hojnacki seconded the motion and the meeting was adjourned at 10:24 m. Ann E. Kolata, Director H:\ HOME\ CPHIPPS \WPDATA \COMMSN\111596.MIN -9- NEXT CONMUSSION MEETING n / Paula N. Auburn, President