The URL can be used to link to this page

Home My WebLink AboutRM 11-07-97SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING November 7, 1997 10:00 a.m. Presiding: Robert W. Hunt, President 1. ROLL CALL 1308 County -City Building 227 West Jefferson Boulevard South Bend, Indiana Members Present: Mr. Robert W. Hunt, President Mr. Michael Donoho, Vice - President Ms. Paula N. Auburn, Secretary Ms. Eugenia S. Schwartz Members Absent: Mr. Philip J. Faccenda Legal Counsel: Ms. Anne E. Bruneel Redevelopment Staff. Mrs. Ann E. Kolata, Director Mrs. Vangelean Urbanski, Recording Secretary Business Assistance: Mr. Michael Beitzinger, Economic Development Specialist Ms. Nancy VanScoyk, Economic Development Specialist Division of Planning: Mr. Larry Magliozzi, Economic Development Specialist Others: Mr. John Peddycord, Attorney Mr. Tom Ford, Value Plus Construction, Inc. Ms. Beverly J. King Mr. Mike Wojtysiak 2. APPROVAL OF MINUTES a. Commission approval of the Minutes of the Regular Meeting of October 17, 1997. Upon a motion by Mr. Donoho, seconded by Ms. Auburn and unanimously carried, the Commission approved the Minutes of the Regular Meeting of October 17, 1997. HAHOMSICPHIPPS \WPDATA \COMMSN\I 10797.MIN -I- COMMISSION APPROVED THE MINUTES OF THE REGULAR MEETING OF OCTOBER 17, 1997 South Bend Redevelopment Commission Regular Meeting - November 7, 1997 b. Commission approval of the Minutes of the Special Meeting of October 22, 1997. Upon a motion by Mr. Donoho, seconded by Ms. Auburn and unanimously carried, the Commission approved the Minutes of the Special Meeting of October 22, 1997. c. Commission approval of the Minutes of the Special Meeting of October 27, 1997. Upon a motion by Mr. Donoho, seconded by Ms. Auburn and unanimously carried, the Commission approved the Minutes of the Special Meeting of October 27, 1997. 3. APPROVAL OF CLAIMS COMMISSION APPROVED THE MINUTES OF THE SPECIAL MEETING OF OCTOBER 22, 1997 COMMISSION APPROVED THE MINUTES OF THE SPECIAL MEETING OF OCTOBER 27, 1997 Redevelopment Commission Claims Submitted November 7, 1997, for approval. ADMIN. 1997 (212 King Publishing Group $349.00 Department of Public Works Division of Engineering $130.00 Grauvogel & Associates $1,457.50 American Electric Power $28.88 Insty- Prints $18.00 360 Communication $68.40 Century Center Board of Managers $27.50 Day -Timer $58.70 The Urban Land Institute $59.95 Gene's Camera Store, Inc. $5.23 Liability Insurance $428.59 AIRPORT TIF REVENUE (324 St. Joseph County Treasurer $652.12 Gene's Camera Store, Inc. $222.75 York Title & Escrow, Inc. $170.00 Kinko's $212.00 The Abonmarche Group $15,250.00 H:\ HOME\ CPffWPS \WPDATA \COMMSN\110797.MIN -2- South Bend Redevelopment Commission Regular Meeting - November 7, 1997 3. APPROVAL OF CLAIMS (CONT.) SAMPLE - EWING DEVELOPMENT AREA (414 R.E. Pitts & Associates, Inc. $2,000.00 City Of South Bend Department Of Code Enforcement $20,000.00 Rieth Riley Construction Co. $89,115.10 Lang, Feeney & Associates, Inc. $5,840.00 Frank J. Fanin, Jr. & Carmel L. Fanin & $21.04 Richard W. Zimmerman $1,579.10 Frank J. Fanin, Jr. & Carmel L. Fanin & St. Joseph $40.00 County Clerk $4,801.28 St. Joseph County Treasurer #1 $1,563.05 St. Joseph County Treasurer #2 $376.96 Meridian Title Corporation $195.00 Dellie E. Johnson $411.71 Thomas General Construction $680.00 Samantha Patrick andYork Title & Escrow $5,250.00 Samantha Patrick $450.00 Code Enforcement $243.00 York Title & Escrow, Inc. $50.00 American Electric Power $271.43 Troyer Group, Inc. $200.00 Grauvogel & Associates $2,460.00 Ralph D. Lauver, MAI $5,600.00 American Electric Power $61.22 Thomas General Construction $440.00 American Electric Power $11.09 Scanlon Electric Company, Inc. $500.00 Christ Temple Church $500.00 Frank J. Fanin, Jr. and Carmel L. Fanin $43,679.61 S.B.C.D.A. T.I.F. GENERAL ACCOUNT (420 Michiana Lock & Key $40.50 American Electric Power $13.71 American Electric Power $799.21 Superior Waste System $65.80 Hill's True Value Hardware $21.04 Lang, Feeney & Associates, Inc. $1,200.00 Rose Exterminator Co. $40.00 Howard Park Hardware $40.24 H:\HOME\CPHIPPS \WPDATA \COMMSN\ 110797.MIN -3- South Bend Redevelopment Commission Regular Meeting - November 7, 1997 3. APPROVAL OF CLAIMS (CONT.) S.B.C.D.A. T.I.F. GENERAL ACCOUNT (420 N.I.P.S.C.O $9.34 R.E. McCloskey & Associates, Inc. $2,500.00 R.E. Pitts & Associates, Inc. $1,500.00 Robert Bradley Associates $557.64 Robert Bradley Associates $165.87 South Bend Water Works $316.22 R.E. McCloskey & Associates, Inc. $1,500.00 R.E. McCloskey & Associates, Inc. $3,500.00 BLACKTHORN GOLF COURSE (619) Meadowbrook Golf Management, Inc. $6,450.00 Upon a motion by Mr. Donoho, seconded by COMMISSION RATIFIED AND APPROVED THE Ms. Auburn and unanimously carried, the CLAIMS SUBMITTED AND ORDERED THE CHECKS Commission ratified and approved the Claims TO BE RELEASED submitted and ordered the checks to be released. Ms. Schwartz abstained. 4. COMMUNICATIONS There were no Communications. 5. OLD BUSINESS a. Commission approval requested for Resolution No. 1542 approving an application for real property tax deduction for property located at 2520 W. Calvert Street in the Sample -Ewing Development Area. (Value Plus Construction on behalf of Beverly J. King) Mike Beitzinger of Business Development Corporation; Larry Magliozzi of the Division of Planning and Neighborhood Development; John Peddycord, Attorney; H:\ I- TOME\CPRWPS \WPDATA \COMMSN\110797.MIN -4- THERE WERE NO COMMUNICATIONS South Bend Redevelopment Commission Regular Meeting - November 7, 1997 5. OLD BUSINESS (CONT.) a. continued.... Tom Ford, owner of Value Plus Construction; and, Beverly J. King, home owner of 2520 W. Calvert Street, all were present at the meeting. Mike Beitzinger noted that he prepared a memorandum to the Commission with the information from the Building Department regarding additional home builders that might have houses that have been affected by the repealed ordinance. Mike Beitzinger noted that there were 210 building permits issued for new homes within the South Bend City limits from January 1996 to September 1997. Of the 210 building permits issued, 115 were in areas that were previously approved for Residential Tax Abatement under the repealed ordinance, and there has not been one request for tax abatement in any area that was repealed. Of the remaining 95 permits issued, 38 permits issued were in areas that were never considered (or approved) for residential tax abatement. The remaining 57 permits were in areas that were already approved for residential tax abatement and were not repealed by the October 1996 ordinance. Of these 57 permits, 45 homes have been completed and nine homes are currently under construction. In each of these cases, the home owners are (or will be) receiving residential tax abatement. However, three homes were completed before the required application (petition) for residential tax H:\HOME\CPH PPS \WPDATA \COMMSM110797.MIN -5- South Bend Redevelopment Commission Regular Meeting - November 7, 1997 5. OLD BUSINESS (CONT.) a. continued.... abatement was submitted. The three homes are as follows: 804 W. LaSalle Avenue, 808 W. LaSalle Avenue and 2520 W. Calvert Street. The first two at 804 and 808 W. LaSalle Avenue have already been approved for tax abatement and the home at 2520 W. Calvert remains for tax abatement consideration. A review of the building permit lists did not disclose any further instances of homes that may fall under the provisions established by the 1996 repealed ordinance. Mike Beitzinger noted that to the best of his knowledge, no further applications for residential tax abatement will be submitted under the provisions of the repealed ordinance. Mrs. Kolata noted that the Division of Planning and Neighborhood Development had sent maps to various home builders but did not send a cover letter along with the tax abatement area map. Ms. Auburn asked if there was any type of identification on the map showing that it was new or old. Larry Magliozzi stated that the only requests he received regarding the April 1996, October 1996 or June 1997 ordinances were from builders or realtors. The builders or realtors, at that time, were provided with a map that was currently active. A motion was made by Mr. Donoho, and seconded by Ms. Auburn to approve an application for real property tax deduction for property located at 2520 W. Calvert AdK HAH 0ME\ CPHWPS \WPDATA \C0MMSN\110797.MIN -6- South Bend Redevelopment Commission Regular Meeting - November 7, 1997 5. OLD BUSINESS (CONT.) a. continued.... Street in the Sample -Ewing Development Area. (Value Plus Construction on the behalf of Beverly J. King). Ms. Schwartz explained that she would vote against this resolution because she is concerned with the precedent that would be established by approving the resolution. Ms. Schwartz clarified that she voted in favor of tax abatement consideration for 804 and 808 W. LaSalle Avenue because the construction of these homes began before the ordinance was repealed. Construction of the home at 2520 W. Calvert began several months after the ordinance was repealed. Mr. Hunt called the question and Resolution No. 1542 was adopted by a vote of 3 to 1. Ms. Schwartz voted against the adoption of the resolution. b. Commission approval requested for proposals for appraisal services in the Airport Economic Development Area. Mrs. Kolata noted that land located at the U.S. 31 bypass and Brick Road needs to be appraised for disposition. A meeting was held with several appraisers to clarify the appraisal assignment, and they were allowed to modify the proposals they had previously submitted based on the results of the meeting. Three proposals were IC H:\IiOME\ CPHIPPS \WPDATA \COMMSN\110797.MIN -7- COMMISSION ADOPTED RESOLUTION NO. 1542 APPROVING AN APPLICATION FOR REAL PROPERTY TAX DEDUCTION FOR PROPERTY LOCATED AT 2520 W. CALVERT STREET IN THE SAMPLE -EWING DEVELOPMENT AREA. (VALUE PLUS CONSTRUCTION ON THE BEHALF OF BEVERLY J. KING) South Bend Redevelopment Commission Regular Meeting - November 7, 1997 5. OLD BUSINESS (CONT.) b. continued.... received. The first proposal received was from Rick Pitts in the amount of $12,500; the second proposal received was from Jerome Michaels in the amount of $12,000; and, the third proposal received was from Bernie Diedrich in the amount of $3,750. The staff recommends accepting the proposals from Bernie Diedrich in the amount of $3,750 and Jerome Michaels in the amount of $12,000. Upon a motion by Ms. Auburn, seconded by Ms. Schwartz and unanimously carried, the Commission accepted the proposals from Jerome E. Michaels and Bernie Diedrich for appraisal services in the Airport Economic Development Area. Mrs. Kolata asked permission to add item 6.1. to the agenda. There were no objections and item 6.1. was added to the agenda. 6. NEW BUSINESS a. Commission approval requested for Resolution No. 1548 determining to pay certain expenses incurred for local public improvements in or serving the Airport Economic Development Area Allocation Area No.1 from the Airport Economic Development Area Allocation Area No. 1 Special Fund. Mrs. Kolata stated that Resolution No. 1548 states the Commission's intent to appropriate $184,487 and sets a public AWK H:\ HOME\ CPfUPS \WPDATA \COMMSN\110797.MIN -8- COMMISSION ACCEPTED THE PROPOSALS FROM JEROME E. MICHAELS AND BERNIE DIEDRICH FOR APPRAISAL SERVICES IN THE AIRPORT ECONOMIC DEVELOPMENT AREA ITEM 6.L. WAS ADDED TO THE AGENDA South Bend Redevelopment Commission Regular Meeting - November 7, 1997 6. NEW BUSINESS (CONT.) a. continued.... hearing for November 21, 1997 at 10:00 a.m. The $184,487 is contributions from the private developer of the Ameriplex project and the private developer of the property located north of Cleveland Road, just west of the Toll Road Industrial Park. The developers are paying for part of the local public improvements in the Airport Economic Development Area. This money has been put into the Tax Incremental Fund. Upon a motion by Ms. Auburn, seconded by Ms. Schwartz and unanimously carried, the Commission adopted Resolution No. 1548 determining to pay certain expenses incurred for local public improvements in or serving the Airport Economic Development Area Allocation Area No. 1 from the Airport Economic Development Area Allocation Area No. 1 Special Fund. b. Commission approval requested for filing of Resolution No. 1545 amending the Airport Economic Development Plan and set a public hearing on Resolution No. 1545 for 10:00 a.m. on Friday, November 21, 1997. Mrs. Kolata stated that this resolution amends the boundaries of the Airport Economic Development Area and the TIF Area by adding properties that are being annexed into the City. The properties that are being annexed into the City include the H:\ HOME\CPHIPPS \WPDATA \COMMSN\110797.MM -9- South Bend Redevelopment Commission Regular Meeting - November 7, 1997 6. NEW BUSINESS (CONT.) b. continued.... Ameriplex property, Wells Electronics and a piece of property that is located between the Ameriplex property and Wells Electronics. The resolution also provides that the TIF portion of Expansion Area 4 will expire December 31, 2024 and the TIF Area provision of Expansion Area 5 will expire on December 31, 2026. Upon a motion by Mr. Donoho, seconded by Ms. Auburn and unanimously carried, the Commission authorized the filing of Resolution No. 1545 amending the Airport Economic Development Plan and set a public hearing on Resolution No. 1545 for 10:00 a.m. on Friday, November 21, 1997. c. Commission approval requested for filing of Resolution No. 1547 amending the South Bend Central Development Area Plan and set a public hearing on Resolution No. 1547 for 10:00 a.m. on Friday, November 21, 1997. Mrs. Kolata noted that this resolution amends the plan for the South Bend Central Development Area by adding the property located at 214 W. Jefferson to the acquisition list. Upon a motion by Mr. Donoho, seconded by Ms. Auburn and unanimously carried, the Commission authorized the filing of Resolution No. 1547 amending the South Bend Central Development Area Development Plan and set a public hearing H:\ I- TOME\ CPHIPPS \WPDATA \COMMSN\110797.MIN -10- COMMISSION AUTHORIZED THE FILING OF RESOLUTION NO. 1545 AMENDING THE AIRPORT ECONOMIC DEVELOPMENT PLAN AND SET A PUBLIC HEARING ON RESOLUTION NO. 1545 FOR 10:00 A.M. ON FRIDAY, NOVEMBER 21, 1997 COMMISSION AUTHORIZED THE FILING OF RESOLUTION NO. 1547 AMENDING THE SOUTH BEND CENTRAL DEVELOPMENT AREA DEVELOPMENT PLAN AND SET A PUBLIC HEARING ON RESOLUTION NO. 1547 FOR 10:00 A.M. ON FRIDAY, NOVEMBER 21, 1997 South Bend Redevelopment Commission Regular Meeting - November 7, 1997 6. NEW BUSINESS (CONT.) c. continued.... on Resolution No. 1547 for 10:00 a.m. on Friday, November 21, 1997. d. Commission approval requested for Resolution No. 1550 amending the Sample -Ewing Development Area Development Plan and setting a public hearing for 10:00 a.m. on Friday, November 21, 1997. Mrs. Kolata stated that this resolution amends the plan for the Sample -Ewing Development Area by adding several properties to the acquisition list. These include Abe's Plumbing, Bandito's Burritos, a number of vacant lots and four houses on Broadway. Upon a motion by Mr. Donoho, seconded by Ms. Auburn and unanimously carried, the Commission authorized the filing of Resolution No. 1550 amending the Sample -Ewing Development Area Development Plan and set a public hearing on Resolution No. 1550 for 10:00 a.m. on Friday, November 21, 1997. e. Commission approval requested for Resolution No. 1552 approving an application for personal property tax deduction for property located at 408 W. Indiana Avenue in the Sample - Ewing Development Area. (South Bend Form Tool Company, Inc.) CH:\1i0ME\CPHWPS \WPDATA \C0MMSN\I 10797.MIN _11- COMMISSION AUTHORIZED THE FILING OF RESOLUTION NO. 1550 AMENDING THE SAMPLE - EWING DEVELOPMENT AREA DEVELOPMENT PLAN AND SET A PUBLIC HEARING ON RESOLUTION NO. 1550 FOR 10:00 A.M. ON FRIDAY, NOVEMBER 21, 1997 South Bend Redevelopment Commission Regular Meeting - November 7, 1997 6. NEW BUSINESS (CONT.) e. continued.... Mike Beitzinger gave the staff report on the project. South Bend Form Tool Company, Inc. is a tool and die company. The company specializes in precision tooling and die work for the orthopedic, aircraft and compressor industries. The company is presently planning a major expansion. The new personal property being purchased will help with the expansion. These new capital improvements will allow the company to achieve and maintain existing business, possibly enter new markets and maintain its existing quality. The total estimated cost of the new equipment is $713,000. Per the petition, it is estimated that this project will create five (5) new, permanent jobs within the first year, representing a new annual payroll of $140,000 and will maintain 26 existing permanent full -time jobs and no part-time jobs representing an annual payroll of $1,192,000. A review of the tax abatements previously granted finds that South Bend Form Tool Company, Inc. has not been granted any previous tax abatements. The building commissioner has reviewed the petition and finds the property to be properly zoned for the proposed project. A review of the South Bend Redevelopment areas finds that the property is located in the Sample -Ewing Development Area, which CH:\ TOME\CPHIPPS \WPDATA \COMMSM110797.MIN -12- South Bend Redevelopment Commission Regular Meeting - November 7, 1997 6. NEW BUSINESS (CONT.) e. continued.... is a Tax Incremental Allocation Area, therefore, the petition for personal property tax abatement must first be approved by the South Bend Redevelopment Commission. A review of the Tax Abatement Ordinance finds that South Bend Form Tool Company, Inc. meets the qualifications for a five (5) year personal property tax abatement. Using the project cost of $713,000, the taxes to be generated total approximately $66,280. Taxes abated total approximately $54,527. Taxes still paid total approximately $11,753. Mike Wojtysiak, representing South Bend Form Tool Company, Inc., stated that South Bend Form Tool has been in South Bend since 1952. In the last four years, South Bend Form Tool Company has added over $550,000 of personal property for which tax abatement consideration was not requested. Mr. Wojtysiak presented to the Commissioners brochures of the equipment South Bend Form Tool is proposing to purchase. Mr. Hunt asked where South Bend Form Tool Company ships most of its products. Mr. Wojtysiak responded that South Bend Form Tool Company ships most of its products to local businesses. Ms. Auburn asked what the life expectency of the H:\ HOME\ CPHIPPS \WPDATA \COMMSN\I10797.MIN -13- South Bend Redevelopment Commission Regular Meeting - November 7, 1997 6. NEW BUSINESS (CONT.) e. continued.... equipment is expected to be. Mr. Wojtysiak stated that the life expectency of the equipment is approximately 20 years. Upon a motion by Ms. Schwartz, seconded by Ms. Auburn and unanimously carried, the Commission adopted Resolution No. 1552 approving an application for personal property tax deduction for property located at 408 W. Indiana Avenue in the Sample -Ewing Development Area. (South Bend Form Tool Company, Inc.) L Staff report on acquisition of property in the Sample -Ewing Development Area. Mrs. Kolata stated that a counter offer was received from Frank J. Fanin, Jr. and Carmel L. Fanin for the property located at 701 E. Keasey. The original purchase offer was in the amount of $22,000. The counter offer is in the amount of $52,000. This is a lump sum payment for both acquisition and relocation. It includes all relocation payments that they would be eligible to receive which is usually in the amount of $22,500. The staff recommends accepting the counter offer in the amount of $52,000. H:\ HOME\ CPHIPPS \WPDATA \COMMSN\110797.MN -14- COMMISSION ADOPTED RESOLUTION NO. 1552 APPROVING AN APPLICATION FOR PERSONAL PROPERTY TAX DEDUCTION FOR PROPERTY LOCATED AT 408 W. INDIANA AVENUE IN THE SAMPLE -EWING DEVELOPMENT AREA. (SOUTH BEND FORM TOOL COMPANY, INC.) South Bend Redevelopment Commission Regular Meeting - November 7, 1997 6. NEW BUSINESS (CONT.) f. continued.... Upon a motion by Ms. Schwartz, seconded by Mr. Donoho and unanimously carried, the Commission accepted the counter offer from Frank J. Fanin, Jr. and Carmel L. Fanin in the amount of $52,000 for the total acquistion/relocation costs for property located at 701 E. Keasey. This is a lump sum payment for both acquisition and relocation. It includes all relocation payments that they would be eligible to receive. g. Commission approval requested for amendment to proposals for appraisal services in the Sample -Ewing Development Area. Mrs. Kolata stated that two proposals were received from Richard McCloskey and Ralph Lauver for appraisal of the properties located in the 1100 Block of South Michigan. The vacant lot located on South Michigan Street owned by Mr. & Mrs. Gorny has been determined to be part of their adjacent piece of property. This requires a more detailed appraisal as it must be considered a "partial take." Richard McCloskey proposes to appraise this piece of property for a fee of $3,000. Ralph Lauver proposes to appraise the piece of property for a fee of $4,100. The staff recommends accepting both proposals. Ic H: HOME\ CPHIPPS \WPDATA \COMMSM110797.MIN -15- COMMISSION ACCEPTED THE COUNTER OFFER FROM FRANK J. FANIN, JR. AND CARMEL L. FANIN IN THE AMOUNT OF $52,000 FOR THE TOTAL ACQUISITION/RELOCATION FOR PROPERTY LOCATED AT 701 E. KEASEY. THIS IS A LUMP SUM PAYMENT FOR BOTH ACQUISITION AND RELOCATION. IT INCLUDES ALL RELOCATION PAYMENTS THAT THEY WOULD BE ELIGIBLE TO RECEIVE South Bend Redevelopment Commission Regular Meeting - November 7, 1997 6. NEW BUSINESS (CONT.) g. continued.... Upon a motion by Ms. Auburn, seconded by Ms. Schwartz and unanimously carried, the Commission accepted the proposals from Richard McCloskey in the amount of $3,000 and Ralph Lauver in the amount of $4,100 for appraisal services in the Sample -Ewing Development Area. h. Commission authorization requested for use of the Morris Civic Plaza for the Holiday Tree Lighting. Mrs. Kolata noted that a letter was received from the Parks and Recreation Department requesting use of the Morris CW Civic Plaza for the "Holiday Tree Lighting" scheduled for Friday, December 5, 1997, at 6:00 p.m., and the "Downtown for the Holidays" scheduled for December 5 - 7, 1997. Upon a motion by Ms. Auburn, seconded by Ms. Schwartz and unanimously carried, the Commission authorized the use of the Morris Civic Plaza for the "Holiday Tree Lighting" on December 5, 1997, at 6:00 p.m. and "Downtown for the Holidays" subject to the Parks and Recreation Department providing a Certificate of Insurance. i. Commission approval requested for Loan and Grant in connection with the Affordable Loan Program for property located at 741 Dundee. (Birdie Williams) H:\H0ME\CPF11PPS\WPDATA\C0MMSN\1 10797.MIN -16- COMMISSION ACCEPTED THE PROPOSALS FROM RICHARD MCCLOSKEY IN THE AMOUNT OF $3,000 AND RALPH LAUVER IN THE AMOUNT OF $4,100 FOR APPRAISAL SERVICES IN THE SAMPLE -EWING DEVELOPMENT AREA COMMISSION AUTHORIZED THE USE OF THE MORRIS CIVIC PLAZA FOR THE "HOLIDAY TREE LIGHTING" ON DECEMBER 5, 1997, AT 6:00 P.M. AND "DOWNTOWN FOR THE HOLIDAYS" SUBJECT TO THE PARKS AND RECREATION DEPARTMENT PROVIDING A CERTIFICATE OF INSURANCE South Bend Redevelopment Commission Regular Meeting - November 7, 1997 6. NEW BUSINESS (CONT.) i. continued.... Mrs. Kolata stated that the loan to Birdie Williams is in the amount of $4,950 at 3% interest for 12 years with monthly payments of $40.98. The grant is in the amount of $3,121.80. Upon a motion by Ms. Schwartz, 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 741 Dundee. (Birdie Williams) j. Commission approval requested for Loan and Grant in connection with the Affordable Loan Program for property located at 1213 E. Miner St. (Brenda Haithcox) Mrs. Kolata stated that the loan to Brenda Haithcox is in the amount of $9,600 at 4% interest for 10 years with monthly payments of $97.20. The grant is in the amount of $3,996.96. Upon a motion by Ms. Schwartz, 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 1213 E. Miner St. (Brenda Haithcox) k. Commission approval requested for easement with Indiana Michigan Power Company for property located in the Airport Economic Development Area. cH:\ HOME\ CPHWPS \WPDATA \COMMSN\110797.MIN -17- COMMISSION APPROVED THE LOAN AND GRANT IN CONNECTION WITH THE AFFORDABLE LOAN PROGRAM FOR PROPERTY LOCATED AT 741 DUNDEE. (BIRDIE WILLIAMS) COMMISSION APPROVED THE LOAN AND GRANT IN CONNECTION WITH THE AFFORDABLE LOAN PROGRAM FOR PROPERTY LOCATED AT 1213 E. MINER ST. (BRENDA HAITHCOX) South Bend Redevelopment Commission Regular Meeting - November 7, 1997 6. NEW BUSINESS (CONT.) k. continued.... Mrs. Kolata stated that this easement is located on an outlot, and the easement is related to the Bowne Printing Company project. Upon a motion by Mr. Donoho, seconded by Ms. Auburn and carried, the Commission approved the easement with Indiana Michigan Power Company for property located in the Airport Economic Development Area. Ms. Schwartz abstained. 1. Commission approval requested for Extension of the Commercial Lease for Office Interiors in the Palais Royale building. Mrs. Kolata stated that this extension will extend Office Interiors' lease from October 1996 to October 1998 and provides one renewal option of two years with a ten percent increase at that time. Upon a motion by Mr. Donoho, seconded by Ms. Auburn and carried, the Commission approved the Extension of the Commercial Lease for Office Interiors in the Palais Royale building. Ms. Schwartz abstained. 7. PROGRESS REPORTS Mrs. Kolata reported that the interchange located at the Bypass and Nimtz Parkway opened on Monday, November 3, 1997. Awk H:\ HOME\ CPHIPPS \WPDATA \COMMSN\110797.MIN -18- COMMISSION APPROVED THE EASEMENT WITH INDIANA MICHIGAN POWER COMPANY FOR PROPERTY LOCATED IN THE AIRPORT ECONOMIC DEVELOPMENT AREA COMMISSION APPROVED THE EXTENSION OF THE COMMERCIAL LEASE FOR OFFICE INTERIORS IN THE PALAIS ROYALE BUILDING South Bend Redevelopment Commission Regular Meeting - November 7, 1997 She also reported that grading has started for the Woodwind and Brasswind Company; the construction of the Ameriplex building is underway; and, renovation of the Center City Associates building has begun. Mrs. Kolata stated that she toured the new Riley High School and it will be a very beautiful building. 8. NEXT COMMISSION MEETING: The next Regular Meeting of the Redevelopment Commission is scheduled for November 21, 1997 at 10:00 a.m. 9. ADJOURNMENT There being no further business to come rw before the Redevelopment Commission, Mr. Donoho made a motion that the meeting be adjourn . Auburn seconded the motion th eeting was adjourned at 10:58 a.m. Robert W. Hunt, President H:\ HOME\CPH PPS \WPDATA \COMMSN\110797.MIN ADJOURNMENT Ann . Kolata, Director -19-