HomeMy WebLinkAboutRedevelopment Commission Minutes 10.12.23
South Be n d
Redevelopment Commission
227 West Jefferson Boulevard, Room 1308, South Bend, IN
SOUTH BEND REDEVELOPMENT COMMISSION
SCHEDULED REGULAR MEETING
October 12, 2023 – 9:30 am
https://tinyurl.com/RedevelopmentCommission or BPW 13th Floor
Presiding: Marcia Jones, President
The meeting was called to order at 9:30 a.m.
1. ROLL CALL
Members Present: Marcia Jones, President – IP
Vivian Sallie, Secretary - IP
David Relos, Commissioner – IP
IP = In Person V = Virtual
Members Absent: Troy Warner, Vice-President
Eli Wax, Commissioner
Leslie Wesley, Commissioner
Legal Counsel: Sandra Kennedy, Esq.
Danielle Campbell, Asst. City Attorney
Redevelopment
Staff:
Mary Brazinsky Sears, Board Secretary
Joseph Molnar, RDC Staff/Property Mgr
Others Present:
Caleb Bauer
Erik Glavich
Tim Corcoran
Charlotte Brach
Katrina Marquardt
Matt Barrett
David Buggs
Jordan Smith
DCI
DCI
DCI
Engineering
Resident
Resident
Nexus Center
South Bend Tribune
South Bend Redevelopment Commission Regular Meeting – October 12, 2023
2. Approval of Minutes
• Approval of Minutes of the Regular Meeting of Thursday, September 28, 2023
Upon a motion by Commissioner Relos, seconded by Secretary Sallie, the motion
carried unanimously, the Commission approved the minutes of the regular
meeting of Thursday, September 28, 2023.
3. Approval of Claims
A. Claims Allowance 10.3.23
Upon a motion by Vice-President Warner, seconded by Commissioner Relos, the
motion carried unanimously, the Commission approved the claims allowances of
October 3, 2023.
4. Old Business
5. New Business
A. River West Development Area
1. Second Amendment (Nexus Center)
Erik Glavich Presented a Second Amendment (Nexus Center). The original
agreement was in 2021 providing funding up to $300k. The funding increased to
$525k. The private investment is $1.6M and they have exceeded their financial
requirements. The building is beautiful. The building has community space, a
clinic, and many other amenities. The reason for the second amendment is due
to an overage of $36,705.03. We have agreed to increase funding to cover that
cost, but the Nexus Center will reimburse the overage. This work will be
completed within the month.
Commissioner Wesley commended the Buggs family in their effort to bring
changes to South Bend and stick to their work. They have delivered on their
commitment, and they are helping families here in South Bend thrive. Thank you.
Mr. Barrett, resident, asked if the reporting had been satisfied. He urged that
those become part of the public record.
Mr. Glavich noted that the reporting obligations have been met for this project.
Upon a motion by Secretary Sallie, seconded by Vice-President Warner, the
motion carried unanimously, the Commission approved the Second Amendment
(Nexus Center) submitted on Thursday, October 12, 2023.
South Bend Redevelopment Commission Regular Meeting – October 12, 2023
2. Cultivate Property Transfer
Joseph Molnar Presented Cultivate Property Transfer. This is a first amendment
to the development agreement for Cultivate. In July 2022 the RDC and Cultivate
entered into a real estate agreement for property located along the 1500 block of
Prairie Avenue to build a new full storage that includes office space. Construction
has begun on that project. Cultivate has established a supporting organization
called CFR, Inc. under the Indiana nonprofit act of 1991 and applied for
recognition for taxation.
This first amendment adds in the supporting organization to the larger purchase
agreement. Staff believes the supporting organization will eventually be the
owners of the land for tax purposes. There are no changes to the terms of the
agreement.
Secretary Sallie asked for the completion date of the projection.
Mr. Molnar stated he believes that it will be completed next year, however the
agreement gave them until 2027. Cultivate was being cautious and wanted to be
sure they had funding lined up; funding came in quicker than anticipated.
President Jones asked what the footprint of the building would be upon
completion.
Mr. Molnar stated it is a minimum of 12,000 square feet but they could go larger
than that. They have pulled the required permits with approval of plans.
Upon a motion by Commissioner Relos, seconded by Vice-President Warner, the
motion carried unanimously, the Commission approved Cultivate Property
Transfer submitted on Thursday, October 12, 2023.
6. Progress Reports
A. Tax Abatement
1. Erik Glavich stated that at the Common Council meeting the Council approved the
following:
• Confirming Resolution on a vacant building tax abatement for Property Bros.,
LLC
• Confirming Resolution for an 8-year Real Property Tax Abatement for 542 N
Scott Street and 530 Cottage Grove Avenue, both for Property Bros., LLC.
B. Common Council
1. 2024 Budget passed Council