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HomeMy WebLinkAbout03-13-89 Human Resources & Economic Devlopment elammtnPP Ppart HUMAN RESOURCES AND ECONOMIC DEVELOPMENT COMMITTEE WO tilt gammon OIouuctl of ettsj of fly The March 13, 1989 meeting of the Human Resources and Economic Development Committee was called to order by its Chair Person Council Member Steve Luecke at 4: 15 p.m. in the Council informal meeting room. Persons in attendance included Council Members: Coleman,. Voorde, Slavinskas, Niezgodski, Zakrzewski,' Luecke, Soderberg, Duda, and Puzzello; Elizabeth Leonard, Ann Kolata, Jon Hunt, Sherry Shane, James Cook, and Kathleen r?! Cekanski-Farrand. Council Member Luecke suggested that Bill No. 15-89 which would appropriate $450,319 among various accounts within the Department of Economic Development and Bill No. 16-89 which would transfer $334,550 among various . accounts within the Department of Economic Development be heard first. • Beth Leonard` rdviewed both Bills in their entirety, and specifically highlighted each of the proposed expenditures. Mr. Cook gave supporting testimony with regard to the development in the downtown area. It was noted that the loan from the revolving loan fund would be given with Center City Associates operating the overall facility. It was . noted that "second run" films would be shown meaning that the film was being shown for the second time within the City. Approximately $200,000 of tax incremental financing money would be used along with approximately $74, 000 of rollover money. Mr. Cook in his capacity as President of Center City Associates stated that the monies would be used as a loan with the current owner of the property of the Avon Theatre transferring ownership. Miller Theatres of Elkhart would be specifically involved. It was also noted that additional entitlement monies as a result of the Can Am Project would also be utilized. Council Member Luecke stated that he did not have a conflict of interest and further noted that he would provide additional information if necessary at the whole Council meeting this evening. Jon Hunt noted that this Department would like to use the end of 1991 as a goal for ending development in the Monroe Park Area and then move on to another neighborhood. Council Member Luecke noted that CAC gave Monroe Park high marks and if additional monies were available later that they should be spent on that property. Council Member Puzzello noted that residents are in favor of the appropriation. Council Member Luecke noted that South Bend Heritage was also in favor of the appropriation. Human ResNarces and Economic Development Committee 3-13-89 Page 2 Following further discussion Council Member Zakrzewski made a motion seconded by Council Member Puzzello that Bill Nos. 15-89 and 16-89 be recommended favorably to Council. The motion passed. Council Member Luecke then called upon Sherry Shane to discuss Resolution No. 89-31 which would approve a inter- local governmental agreement between the City of South Bend and the County of St. Joseph concerning American Moulding Inc. Ms. Shane noted that the Resolution would allow the City and County to go forward on this project. 25 jobs would be created by the project. Jon Hunt noted that 50% of the funding would be coming from the State to cover infra- structure costs. In response to a question raised by Council Member Puzzello, Jon Hunt noted that the County does have their own Economic Development Commission and an Attorney, however, it does not have a staff. He further noted that the City intends to have the entire area eventually within the City limits, however, believe that it should remain within the County initially. He also noted that the Industrial Foundations position is that the entire area should also come within the City limits. It was noted that the matching funds from the State of Indiana would be matched by the following allocations: City Water $18, 010, St. Joseph County $8, 000, Industrial Foundation $29, 619 for a total of $55, 629. 00. Following further discussion Council Member Slavinskas made a motion seconded by Council Member Voorde that Resolution No. 89-31 be recommended favorably to Council. The motion passed. There being no further business to come before the Committee the meeting was adjourned at 4:40 p.m. Respectfully submitted, Steve Luecke, Chair Person Human Resources and Economic Development Committee SL:srk