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HomeMy WebLinkAboutRedevelopment Authority Meeting Minutes 11.22.21 November 22, 2021 – 9 a.m. http://tiny.cc/RDA112221 The meeting was called to order at 9:00 am 1. ROLL CALL Members Present: Anthony Fitts, President Richard Klee, Vice-President Erin Linder Hanig, Secretary Redevelopment Staff: Mary Brazinsky, Board Secretary Legal Counsel: Sandra Kennedy, Esq. Attending: Daniel Parker, Admin & Finance Ben Dougherty, Admin & Finance Randy Rampola, Barnes, and Thornburg Jenna Throw, Legal 2. APPROVAL OF MINUTES A. Approval of Minutes of the Regular Meeting of March 30, 2021 Upon a motion by Erin Linder Hanig, Secretary seconded by Anthony Fitts, President, the motion carried unanimously, the Authority approved the Minutes of the Meeting March 30, 2021. Page | 2 3.NEW BUSINESS A.Resolution No. 210 (Approving Lease – South Bend Morris Civic 2021) Mr. Rampola presented Resolution No. 210 (Approving Lease – South Bend Morris Civic 2021). This resolution is to approve a lease between the Redevelopment Authority and Redevelopment Commission for the Morris Performing Art Center. The hotel/motel sales tax has dedicated a ½ percent to the Morris. This tax and lease financing will help for the work to continue at the Morris. The lease structure provides a tax back up should not be needed. The structure is for payment to be from the hotel/motel sales tax. The bond market will hopefully buy the bonds at a lower rate. Upon approval from Redevelopment Authority, this will go to Redevelopment Commission and Council for approval. If all are approved, it will come back to Redevelopment Authority for a final vote later. Upon a motion by Richard Klee, Vice-President made a motion seconded by Erin Linder Hanig, Secretary, the motion carried unanimously, the Authority approved Resolution No. 210 (Approving Lease – South Bend Morris Civic 2021) on November 22, 2021. 4.ADJOURNMENT Upon a motion by Anthony Fitts, President seconded by Erin. Linder Hanig, Secretary, the motion carried unanimously, the Authority adjourned the meeting at 9:11 am. ______________________________ ______________________________ Erin Linder Hanig, Secretary Tony Fitts, President South Bend Redevelopment Authority South Bend Redevelopment Authority