HomeMy WebLinkAboutRM 08-21-98SOUTH BEND REDEVELOPMENT COMMISSION
REGULAR MEETING
August 21, 1998 1308 County -City Building
10:00 a.m. 227 West Jefferson Boulevard
Presiding: Michael Donoho, Vice - President South Bend, Indiana
1. ROLL CALL
Members Present: Mr. Michael Donoho, Vice - President
Ms. Eugenia S. Schwartz, Secretary
Mr. Philip J. Faccenda
Mr. Hardie Blake
Member Absent: Mr. Robert W. Hunt, President
Legal Counsel: Ms. Anne E. Bruneel
Redevelopment Staff: Mrs. Ann E. Kolata, Director
Ms. Vangelean Urbanski, Recording Secretary
Mr. Owen Rock, Economic Development Specialist
Ms. Amy Tweeten, Economic Development Specialist
Mrs. Regina Plummer, Intern
Ms. Diane Muller, Intern
Business Assistance: Ms. Nancy Van Scoyk, Economic Development Specialist
Bureau of Housing: Ms. Mary Beth Thompson
Media: Mr. Terry Bland, South Bend Tribune
Others: Mr. Mike Wojtysiak, Kruggel Lawton
Mr. Steve Klatt, K & L, LLC
Mr. Jim Axelberg
Mr. Shawn Sullivan
2. APPROVAL OF MINUTES
a. Commission approval of the Minutes of
the Regular Meeting of August 7, 1998.
Upon a motion by Mr. Faccenda, seconded
by Mr. Blake and unanimously carried, the
HAWPDATA \C0MMSN\082198.MIN
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COMMISSION APPROVED THE MINUTES OF THE
REGULAR MEETING OF AUGUST 7, 1998
South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
Commission approved the Minutes of the
Regular Meeting of August 7, 1998.
3. APPROVAL OF CLAIMS
Redevelopment Commission Claims submitted August 21, 1998, for approval.
212 CDBG COMMUNITY DEVELOPMENT
C/B Robert Bradley Associates, LLC
Century Center Board Of Managers
Service America
Ameritech
CB Commercial/Robert Bradley Associates
General Fund- Telephone
South Bend Water Works
Division of Engineering
Calendars
Transpo
Tri County News, Inc.
Insty Prints
324 FUND
Ken Herceg & Associates, Inc.
Williams Aerial and Mapping
Site Scapes, Inc.
Traffic Engineering Consultants
R & R Excavating
Peirce & Associates
R & R Excavating
Owners' Association at Blackthorn, Inc.
Meadowbrook Golf Group Inc.
Blackthorn Golf Club
414 SAMPLE -EWING FUND
Thomas General Construction
Ralph Lauver, MAI
Jerome E. Michaels, MAI
St. Joseph County Circuit Court
HAWPDATATOMMSM082198.MIN
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$100.00
$51.50
$132.16
$26.86
$2,030.90
$218.01
$16.67
$312.30
$4.95
$150.00
$40.16
$6.00
$800.00
$378.36
$1,698.80
$9,922.50
$8,352.43
$100.00
$191,102.65
$3,960.00
$54.01
$7,560.00
$850.00
$1,750.00
$1,500.00
$761,075.00
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South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
3. APPROVAL OF CLAIMS (CONT.)
420 SBCDA GENERAL ACCOUNT
EIS Environmental Engineers, Inc. $10,982.71
CB/Robert Bradley Associates $516.28
Executone $1,117.00
American Electric Power $8.30
South Bend Water Works $420.09
619 BLACKTHORN GOLF COURSE
Norwest Bank Indiana, N.A. $200,500.00
Upon a motion by Mr. Blake, seconded by COMMISSION APPROVED THE CLAIMS SUBMITTED
Mr. Faccenda and unanimously carried, the AUGUST 21, 1998, AND ORDERED THE CHECKS TO
Commission approved the Claims submitted BE RELEASED
August 21, 1998, and ordered the checks to be
released. Ms. Schwartz abstained.
4. COMMUNICATIONS
There were no Communications.
5. OLD BUSINESS
a. Commission approval requested for
Loan and Grant in connection with the
Affordable Loan Program for property
at 617 S. Columbia. (William W.
Taylor)
The Commission tabled this item at the
last meeting because there were some
questions which needed to be answered by
the Bureau of Housing relative to the
house at 617 W. Columbia. Mary Beth
Thompson of the Bureau of Housing
stated that the house is worth the cost it
would take to redo the roof. She also
stated that the remainder of the house is in
good condition.
HAWPDATATOMMSM082198.MIN -3-
THERE WERE NO COMMUNICATIONS
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South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
5. OLD BUSINESS (CONT.)
a. continued....
Ms. Thompson stated that the owner plans
to continue living in the house even after
he retires from his place of employment,
and there is no mortgage on the house.
Pictures of the house were presented to the
Commission for its consideration.
Ms. Schwartz asked Ms. Thompson about
the extensiveness of the damages done to
the house by the active termites, which
was Ms. Schwartz's concern at the last
meeting.
Ms. Thompson stated that the termites
caused a lot of floor joist damage, and the
damaged floor joists would be replaced.
The floor joists will need extensive
treatment, and the company hired to do the
work will treat the floor joists
approximately nine to 10 times.
Ms. Schwartz stated that she drove by the
property at 617 S. Columbia, and she felt
that the house is an integral part to the
neighborhood.
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 at 617 S.
Columbia. (William W. Taylor)
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COMMISSION APPROVED THE LOAN AND GRANT
IN CONNECTION WITH THE AFFORDABLE LOAN
PROGRAM FOR PROPERTY AT 617 S. COLUMBIA
(WILLIAM W. TAYLOR)
South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
6. NEW BUSINESS
Mrs. Kolata asked permission to add item ITEM 6.L. WAS ADDED TO THE AGENDA
6.1. to the agenda. There was no objection
and item 6.1. was added to the agenda.
a. Commission approval requested for
Resolution No. 1630 approving an
application for real property tax
deduction for property at 4070 Meghan
Beeler Drive in the Airport Economic
Development Area. (K & L, LLC
(Advanced Imaging Solutions, Inc.)
The following staff report was presented to
the Commission for its consideration.
K & L, LLC (Advanced Imaging
Solutions, Inc. (formerly known as A.B.
Dick Products of South Bend, Inc.) has
been in the South Bend area for more than
100 years. Presently the company leases
10,500 sf. but is seeking to expand by
building 22,857 sf. on three acres of land
in the West Cleveland Road Industrial
Park. This project is needed to assist the
company in meeting the market demand
for their products and to be able to
effectively compete with the competition.
The estimated cost of the new building is
approximately $1,100,000.
Per the petition, it is estimated that this
project will create nine new, permanent
jobs within the first year, representing a
new annual payroll of $270,000 and will
maintain 53 existing permanent full time
and three existing permanent part-time
jobs with an annual payroll of $1,914,476.
HAWPDATATOMMSM082198.MIN -5-
South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
6. NEW BUSINESS (CONT.)
a. continued....
A review of the tax abatements previously
granted finds that K & L, LLC 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 designated South Bend
Redevelopment areas finds that the
property is located in the Airport
Economic Development Area, which is a
Tax Incremental Allocation Area;
therefore, the petition for real property tax
abatement must first be approved by the
South Bend Redevelopment Commission.
A review of the Tax Abatement Ordinance
finds that K & L, LLC meets the
qualifications for a six -year real property
tax abatement under Industrial
Development Citywide General Standards.
Using the estimated project cost of
$1,100,000, the taxes generated over the
six -year period will be approximately
$320,832. Taxes abated over the six -year
period will be approximately $188,221.
Taxes still paid with the abatement will be
approximately $132,611.
Mike Wojtysiak of Kruggel Lawton stated
the K & L, LLC (Advance Imaging
Solutions, Inc.) has been in the South
Bend community for a very long time.
Presently the company is going through
tremendous growth and needs to expand
into a new facility.
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IL
South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
6. NEW BUSINESS (CONT.)
a. continued....
Mr. Wojtysiak presented a schematic
drawing of the proposed facility to the
Commission.
Mr. Wojtysiak introduced Steve Klatt of
K & L, LLC. Mr. Wojtysiak stated that
Advanced Imaging Solutions, Inc. would
lease the building from K & L, LLC.
Ms. Schwartz asked Mr. Klatt if he holds
an interest in Advanced Imaging
Solutions, Inc. Mr. Klatt stated that he is
the president of Advanced Imaging
Solutions, Inc.
Ms. Schwartz asked Mr. Klatt about the
function of his business. Mr. Klatt stated
that Advanced Imaging Solutions, Inc. is
in the business of servicing and selling
office equipment. He also stated that
Advanced Imaging Solutions, Inc. is in the
process of setting up a conditioning center,
which is part of the reason for the need to
construct a new facility. He stated that in
the past three years, Advanced Imaging
Solutions, Inc.'s personnel has grown from
approximately twenty -two employees to
56 employees.
Mr. Klatt stated that Advanced Imaging
Solutions, Inc. is looking into
remanufacturing toner cartridges for HP
printers, etc.
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South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
6. NEW BUSINESS (CONT.)
a. continued....
Ms. Schwartz asked Mr. Klatt about the
name brands of equipment Advanced
Imaging Solution, Inc. uses. Mr. Klatt
stated that Lanier is the main name brand
used by Advanced Imaging Solutions, Inc.
Upon a motion by Mr. Faccenda, seconded
by Ms. Schwartz and unanimously carried,
the Commission adopted Resolution
No. 1630 approving an application for real
property tax deduction for property at
4070 Meghan Beeler Drive in the Airport
Economic Development Area. (K & L,
LLC (Advanced Imaging Solutions, Inc.)
Mr. Blake abstained.
b. Commission approval requested for
Resolution No. 1631 approving an
application for real property tax
deduction for property at 1902 S. Main
Street in the Sample -Ewing
Development Area. ( Axelberg &
Axelberg, LLC (General Sheet Metal,
Inc.)
The following staff report was presented to
the Commission for its consideration.
General Sheet Metal, Inc. was founded in
1922. It provides metal fabricated
products to lawn, garden and towing
equipment industries. Due to increased
demand for its products, Axelberg &
Axelberg, LLC is planning a 24,000 sf
addition to its factory. These capital
improvements will allow the company to
HAWPDATA \C0MMSN\082198.MIN -8-
COMMISSION ADOPTED RESOLUTION NO. 1630
APPROVING AN APPLICATION FOR REAL
PROPERTY TAX DEDUCTION FOR PROPERTY AT
4070 MEGHAN BEELER DRIVE IN THE AIRPORT
ECONOMIC DEVELOPMENT AREA (K & L, LLC
(ADVANCED IMAGING SOLUTIONS, INC.)
South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
6. NEW BUSINESS (CONT.)
b. continued....
achieve future growth and maintain its
existing quality. The estimated cost of the
new construction is $800,000.
Per the petition, it is estimated that this
project will create 10 new, permanent jobs
within the first year, representing a new
annual payroll of $270,000 and will
maintain 68 permanent full -time and four
existing permanent part-time jobs with an
annual payroll of $1,700,000.
A review of the tax abatements previously
granted finds that Axelberg & Axelberg,
LLC has been granted one previous tax
abatement. A five -year personal property
tax abatement was granted in August
1997.
The building commissioner has reviewed
the petition and finds the property to be
properly zoned for the proposed project.
A review of the designated South Bend
Redevelopment areas finds that the
property is located in the Sample -Ewing
Development Area, which is a Tax
Incremental Allocation Area; therefore, the
petition for real property tax abatement
must first be approved by the South Bend
Redevelopment Commission. A review of
the Tax Abatement Ordinance finds that
Axelberg & Axelberg, LLC meets the
qualifications for a ten -year real property
tax abatement under Industrial
Development in Urban Enterprise Zone
and Redevelopment Blighted Areas.
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South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
6. NEW BUSINESS (CONT.)
b. continued....
Using the estimated project cost of
$800,000, the taxes generated over the ten -
year period will be approximately
$390,467. Taxes abated over the ten -year
period will be approximately $193,281.
Taxes still paid with the abatement over
the ten -year period will be approximately
$197,186.
Mike Wojtysiak stated that General Sheet
Metal is presently going through additional
expansion and needs to add on a 24,000 sf.
building to its existing building.
Mr. Donoho asked Jim Axelberg, owner of
Axelberg & Axelberg, if he's an installation
contractor. Mr. Axelberg stated that he is in
the stamping and fabricating business.
Upon a motion by Mr. Faccenda, seconded
by Mr. Blake and unanimously carried, the
Commission adopted Resolution No. 1631
approving an application for real property
tax deduction for property at 1902 S. Main
Street in the Sample -Ewing Development
Area. ( Axelberg & Axelberg, LLC)
(General Sheet Metal, Inc.)
c. Commission approval requested for
Resolution No. 1632 related to acquisition
of property in the Sample -Ewing
Development Area by Eminent Domain.
Mrs. Kolata stated that this resolution
authorizes sending a purchase offer for nine
properties in the 700 block of East
Pennsylvania Street, consisting of six vacant
HAWPDATATOMMSM082198.MIN -10-
COMMISSION ADOPTED RESOLUTION NO. 1631
APPROVING AN APPLICATION FOR REAL
PROPERTY TAX DEDUCTION FOR PROPERTY AT
1902 S. MAIN STREET IN THE SAMPLE -EWING
DEVELOPMENT AREA. (AXELBERG &
AXELBERG, LLC) (GENERAL SHEET METAL,
INC.)
South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
6. NEW BUSINESS (CONT.)
c. continued....
lots and three homes. If an agreement
cannot be reached, the resolution authorizes
Eminent Domain. This area is being
replatted for residential development as part
of the larger residential development to the
north.
Upon a motion by Ms. Schwartz, seconded
by Mr. Faccenda and unanimously carried,
the Commission adopted Resolution
No. 1632 related to acquisition of
property in the Sample -Ewing
Development Area by Eminent
Domain.
d. Commission approval for Resolution
No. 1633 approving an application for
real property tax deduction for property
at 336 N. Niles Avenue in the South Bend
Central Development Area. (South Bend
Brewery)
The following staff report was presented to
the Commission for its consideration.
The South Bend Brewery proposes to
renovate a portion of an unused, vacant
warehouse. Renovation of the warehouse
will include sandblasting, redoing the walls,
ceiling, windows, floors and purchasing
equipment. The South Bend Brewery will
purchase a 15bbl system with fermenters,
serving tanks and mash tun, glycol tank and
a brewer kettle. The estimated project cost
of the renovations is $400,000 and the
estimated cost of the equipment is $280,000.
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COMMISSION ADOPTED RESOLUTION
NO. 1632 RELATED TO ACQUISITION OF
PROPERTY IN THE SAMPLE -EWING
DEVELOPMENT AREA BY EMINENT DOMAIN
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South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
6. NEW BUSINESS (CONT.)
d. continued....
Per the petition, it is estimated that this
project will create 44 new, permanent jobs
within the first year, representing a new
annual payroll of $449,109. A review of the
tax abatements previously granted finds that
the South Bend Brewery has not been
granted any previous tax abatement. The
building commissioner has reviewed the
petition and finds the property to be properly
zoned for the proposed project. The
property is located in an area presently
designated as a Tax Abatement Impact Area
by the South Bend Common Council.
The property is located in an Economic
Development Target Area established by the
South Bend Economic Development
Commission. A review of the designated South
Bend Redevelopment areas finds that the
property is located in the South Bend Central
Development Area, which is a Tax Incremental
Allocation Area; therefore, the petition for real
and personal property tax abatement must first
be approved by the South Bend Redevelopment
Commission. A review of the Tax Abatement
Ordinance finds that the South Bend Brewery
meets the qualifications for a three -year real
property tax abatement under Retail
Development in the Central Business District,
the East Bank Development Area and Tax
Abatement Impact Areas, and the South Bend
Brewery meets the qualifications for a five -year
personal property tax abatement under Tangible
Personal Property Tax Abatement.
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South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
6. NEW BUSINESS (CONT.)
d. continued....
Using the estimated renovations cost of
$400,000, the taxes generated over the three -
year period will be approximately $58,571.
Taxes abated over the three -year period will be
approximately $39,047. Taxes still paid with
the abatement over the three -year period will be
approximately $19,524.
Shawn Sullivan of the South Bend Brewery
stated that the South Bend Brewery has been
looking to develop a brewery in a Midwestern
city. South Bend was chosen over other cities.
The South Bend Brewery will construct a brew
pub, which would include a restaurant with on-
site site and off -site brewery sales and a micro
brewery would also be located on the site.
Mrs. Kolata asked Mr. Sullivan in which part of
the building would the brewery be located.
Mr. Sullivan stated that the brewery would be
located on the corner of Madison Street and
Niles Avenue with entrances on both Niles
Avenue and Madison Street.
Mrs. Kolata asked Mr. Sullivan if the South
Bend Brewery would be on one floor.
Mr. Sullivan stated that it would be located on
the first floor.
Upon a motion by Mr. Faccenda, seconded
by Mr. Blake and unanimously carried, the
Commission adopted Resolution No. 1633
approving an application for real property
tax deduction for property at 336 N. Niles
Avenue in the South Bend Central
Development Area. (South Bend Brewery)
HAW PDATATOMMSM082198.MIN
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COMMISSION ADOPTED RESOLUTION
NO. 1633 APPROVING AN APPLICATION FOR
REAL PROPERTY TAX DEDUCTION FOR
PROPERTY AT 336 N. NILES AVENUE IN THE
SOUTH BEND CENTRAL DEVELOPMENT AREA
(SOUTH BEND BREWERY)
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South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
6. NEW BUSINESS (CONT.)
e. Commission approval requested for
Resolution No. 1634 approving an
application for personal property tax
deduction for property at 336 N. Niles
Avenue in the South Bend Central
Development Area. (South Bend
Brewery)
Using the estimated equipment cost of
$280,000, the taxes generated over the five -
year period will be approximately $26,512.
Taxes abated over the five -year period will
be approximately $21,811. Taxes still paid
with the abatement over the five -year period
will be approximately $4,701.
Mrs. Kolata asked if South Bend Brewery
had checked with the State of Indiana to see
if the brewing equipment qualified for
personal property tax abatement because the
State is the one who actually determines
eligibility. Mr. Sullivan stated that they had
checked this out and the equipment
qualifies.
Upon a motion by Mr. Faccenda, seconded
by Mr. Blake and unanimously carried, the
Commission adopted Resolution
No. 1634 approving an application for
personal property tax deduction for property
at 336 N. Niles Avenue. (South Bend
Brewery)
Ms. Schwartz asked permission to consider item
6.g. before item 61. on the agenda There was no
objection and the agenda was taken out of order.
HAWPDATA \C0MMSN\082198.MIN
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COMMISSION ADOPTED RESOLUTION
NO. 1634 APPROVING AN APPLICATION FOR
PERSONAL PROPERTY TAX DEDUCTION FOR
PROPERTY AT 336 N. NILES AVENUE. (SOUTH
BEND BREWERY)
South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
6. NEW BUSINESS (CONT.)
g. Commission approval requested for
Resolution No. 1636 accepting the
transfer of real property from the City of
South Bend, Indiana.
Mrs. Kolata stated that the Resolution
transfers a piece of land, which the City of
South Bend owns, to the Commission. The
property is needed for the jail site.
Upon a motion by Ms. Schwartz, seconded
by Mr. Blake and unanimously carried, the
Commission adopted Resolution No. 1636
accepting the transfer of real property from
the City of South Bend, Indiana.
E Commission approval requested for
Resolution No. 1635 approving the
transfer of real property to St. Joseph
County.
Mrs. Kolata stated that the Resolution
transfers the piece of property, which is the
jail site, to St. Joseph County in exchange
for $1,000,000. The County will pass a
similar resolution at its meeting next week
accepting the site.
Upon a motion by Mr. Faccenda, seconded
by Mr. Blake and unanimously carried, the
Commission adopted Resolution No. 1635
approving the transfer of real property to St.
Joseph County.
H: \WPDATA \C0MMSN\082198.MIN -15-
COMMISSION ADOPTED RESOLUTION NO. 1636
ACCEPTING THE TRANSFER OF REAL PROPERTY
FROM THE CITY OF SOUTH BEND, INDIANA
COMMISSION ADOPTED RESOLUTION
NO. 1635 APPROVING THE TRANSFER OF REAL
PROPERTY TO ST. JOSEPH COUNTY
South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
6. NEW BUSINESS (CONT.)
h. Commission approval requested for a
Corporate Undertaking in the Sample -
Ewing Development Area.
Anne Bruneel, attorney for the Division of
Redevelopment, stated that this is for the
prescriptive easements that Jeff Newman
claims over the Redevelopment
Commission's property. The easements
were included in the City of South Bend's
Eminent Domain action. The Civil City of
South Bend is condemning the Newman and
Altman building. Metropolitan Title will
insure the easements until the condemnation
action is completed.
Upon a motion by Mr. Faccenda, seconded
by Ms. Schwartz and unanimously carried,
the Commission approved the Corporate
Undertaking in the Sample -Ewing
Development Area.
i. Commission approval requested for
Addendum to Lease with the South Bend
Chocolate Company.
Mrs. Kolata stated that this is for the
building at 122 S. Michigan Street, which
the South Bend Chocolate Company leases
from the Redevelopment Commission.
Upon a motion by Mr. Faccenda, seconded
by Mr. Blake and unanimously carried, the
Commission approved the Addendum to
Lease with the South Bend Chocolate
Company.
HAWPDATA \C0MMSN\082198.M1N -16-
COMMISSION APPROVED THE CORPORATE
UNDERTAKING IN THE SAMPLE -EWING
DEVELOPMENT AREA
COMMISSION APPROVED THE ADDENDUM TO
LEASE WITH THE SOUTH BEND CHOCOLATE
COMPANY
South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
6. NEW BUSINESS (CONT.)
j. Commission approval requested for
Certificate of Waiver in connection with
the Rental Rehab Loan Program for
property at 202 E. Bartlett. (James,
Penny and Scott Hughes)
Mrs. Kolata stated that the Certificate of
Waiver forgives $945.50 as of July 24,
1998.
Upon a motion by Ms. Schwartz, seconded
by Mr. Faccenda and unanimously carried,
the Commission approved the Certificate of
Waiver in connection with the Rental Rehab
Loan Program for property at 202 E.
Bartlett. (James, Penny and Scott Hughes)
k. Commission approval requested for Loan
and Grant in connection with the
Affordable Loan Program for property at
1207 E. LaSalle Ave. (Theresa T. Papp)
Mrs. Kolata stated that the loan to Theresa
T. Papp is in the amount of $4,950 at 1 %
interest for 15 years with monthly payments
of $29.63. The grant is in the amount of
$4,743.75.
Upon a motion by Mr. Faccenda, seconded
by Ms. Schwartz and unanimously carried,
the Commission approved the Loan and
Grant in connection with the Affordable
Loan Program for property at 1207 E.
LaSalle Ave. (Theresa T. Papp)
HAWPDATATOMMSM082198.MIN -17-
COMMISSION APPROVED THE CERTIFICATE
OF WAIVER IN CONNECTION WITH THE
RENTAL REHAB LOAN PROGRAM FOR
PROPERTY AT 202 E. BARTLETT. (JAMES,
PENNY AND SCOTT HUGHES)
COMMISSION APPROVED THE LOAN AND
GRANT IN CONNECTION WITH THE
AFFORDABLE LOAN PROGRAM FOR
PROPERTY AT 1207 E. LASALLE AVE.
(THERESA T. PAPP)
a •
South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
6. NEW BUSINESS (CONT.)
1. Commission approval requested for a
Leasehold Mortgage with the South Bend
Chocolate Company for property at 122
S. Michigan St.
Mrs. Kolata stated that the Leasehold Mortgage
will allow the renovations, which are currently
being conducted on the property at 122 S.
Michigan St., owned by the South Bend
Redevelopment Commission and leased to the
South Bend Chocolate Company, to be
financed.
The staff recommends accepting the Leasehold
Mortgage, subject to non - substantive changes.
Upon a motion by Ms. Schwartz, seconded
by Mr. Blake and unanimously carried, the
Commission approved the Leasehold
Mortgage with the South Bend Chocolate
Company for the property at 122 S.
Michigan St., subject to non - substantive
changes and final approval by the
Commission's Attorney, Anne Bruneel.
W a - W 31Z" -9- N &I : 00 W
Mrs. Kolata thanked both Diane Muller and
Regina Plummer, Interns, for all the work they
have done for the Division of Redevelopment.
Diane Muller will return to the University of
Northwestern, and her last day will be August
28, 1998. Regina Plummer will start a master's
program at IUSB, and her last day will also be
August 28. She also reported that Amy
Tweeten, an Economic Development Specialist,
will resign from the Division of Redevelopment
on September 11, 1998.
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COMMISSION APPROVED THE LEASEHOLD
MORTGAGE WITH THE SOUTH BEND CHOCOLATE
COMPANY FOR THE PROPERTY AT 122 S.
MICHIGAN ST., SUBJECT TO NON - SUBSTANTIVE
CHANGES AND FINAL APPROVAL BY THE
COMMISSION'S ATTORNEY, ANNE BRUNEEL
r - 0
South Bend Redevelopment Commission
Regular Meeting - August 21, 1998
8. NEXT COMMISSION MEETING:
The next Regular Meeting of the
Redevelopment Commission is scheduled for
September 4, 1998 at 10:00 a.m.
9. ADJOURNMENT
There being no further business to come before
the Redevelopment Commission, Ms. Schwartz
made a motion that the meeting be adjourned.
Mr. Blake seconded the motion and the meeting
was adurWd at 10:40 a.m.
Rd Vrt'W" flunt, -President
H:\ W PDATA \COMMSN\082198.MIN
ADJOURNMENT
G�-
Ann E. Kolata, Director
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