The URL can be used to link to this page

Home My WebLink About1994-10-04 Minutes SOUTH BEND REDEVELOPMENT AUTHORITY REGULAR MEETING October 4 1994 1308 County-City Building 4:30 p.m. 227 W. Jefferson Boulevard Presiding: .Joseph Wroblewski South Bend, Indiana 46601 President The October 4, -1994 Regular Meeting of the Redevelopment Authority was called to order at 4:35 p.m. by its President, Joseph Wroblewski. There was a quorum present. 1. ROLL CALL Members Present: Mr. Joseph Wroblewski, President Mr. Andre Gammage, Vice-President Members Absent: Ms. Mary O. Ferlic, Secretary Legal Counsel: Ms. Jenny Pitts Manier Redevelopment Staff: Mrs. Ann Kolata, Director Mrs. Cheryl Phipps, Recording Secretary 2. APPROVAL OF MINUTES a. Approval of Minutes of the Regular Meeting of Tuesday, September 6, 1994. Mr. Wroblewski noted that the Minutes state that the meeting was adjourned at 5:07 a.m. That should be 5:07 p.m. Upon a motion by Mr. Gammage, seconded by Mr. Wroblewski and unanimously carried, the Authority approved the Minutes of the Regular Meeting of Tuesday, September 6, 1994, as corrected. 3. NEW BUSINESS a. Receipt of Bids for Miscellaneous Golf Course Equipment. Mrs . Kolata noted that we have received one bid for miscellaneous golf course equipment. That bid is from Kenney Machinery Corporation. -The item is a four-wheeled turf utility vehicle. Kenney Machinery will provide one of the • -1- 3, NEW BUSINESS (Cont.) a. continued.. turf utility vehicles for $12, 227. Mrs . Kolata recommended referring the bid to staff for review. Upon a motion by Mr. Gammage, seconded by Mr. Wroblewski and unanimously carried, the Authority referred the bid for Miscellaneous Golf Course Equipment to the staff for review. b. Authority authorization requested for Letter to Norwest Bank Incliana, N.A. related to the South Bend Central Development Area Public improvement Project (1990). Mrs. Kolata explained that hTorwest Bank is the Trustee for the 1990 SBCDA Public Improvement Bond. The Authority previously declared the project substantially complete. The one portion that was not completed is now complete and the bills for it have been paid. There is approximately $90,000 left in the Construction Fund which needs to be transferred to the Bond Sinking Fund. This letter to the Trustee requests that transfer. Upon a motion by Mr. Wroblewski, seconded by Mr. Gammage and • .unanimously.-carved, the Authority .authorized the Letter for Norwest Bank Indiana, N.A. related to the South Bend Central Development Area Improvement Project (1990). c. Authority approval requested for Escrow Defeasance Agreement with Society Bank. Mrs. Kolata noted that we used some of the proceeds of the Airport Taxable .Bond to purchase land in the Blackthorn Corporate Park andin the Toll Road Industrial Park. According to the terms of the bond issue, the Redevelopment Authority must own the land until the bonds are totally paid off. In marketing the land, it is in the Authority's interest to be able to sell it rather than lease it. In order to be able to do that, we need to set up a separate fund with our bond trustee that puts a portion of the proceeds of each land sale into a separate account to go for paying off the bonds. We have spent a lot of time working with bond counsel and the bond trustee to arrive at-.this method. All are in agreement that this allows us to sell land. Once put into this fund, the money cannot be used for anything other than paying off bonds. • _- Soutk Bend Redevelopment Authority • Regular Meeting -October 4, 1994 3. NEW BUSINESS (Cont.) c. continued... Upon a motion by Mr. Wroblewski, seconded by Mr. Wroblewski and unanimously carried, the Authority approved the Irrevocable Escrow Deposit Agreement with Society National Bank, Indiana.. d. Authority authorization requested to sign Tax Abatement. Petition fox Toll Road Industrial Partners. Mrs. Kolata explained that earlier this year the Authority agreed to sell land to Toll Road Industrial Partners for the Tech Data building. Tech Data .built a ,100,000 square foot building. That is now done and occupied. Toll Road Industrial Partners now wishes to exercise their option for an additional five acres of land to add another 125,000 square feet to the existing building. They want to apply for tax abatement. As the owner of the land, the Authority must sign the Tax Abatement Petition. Upon a motion by Mr. Gammage, seconded by Mr. Wroblewski and .unanimously carried, the Authority authorized signing the Tax Abatement Petition for Toll Road Industrial Partners. e. Authority authorization requested to sign Certificate of Compliance related to remodeling of Century Center. Mrs. Kolata explained that this Certificate of Compliance is a document that needs to go down to the State for approval along with the plans for remodeling Century Center.. The Authority must sign it as the owner of the building. Upon a motion by Mr. Gammage, seconded by Mr. Wroblewski and unanimously carried the Authority .authorized signing the Certificate of Compliance related to the remodeling of Century Center. . -3- South Bend Redevelopment Authority • Regular Meeting -October 4, 1994 4. APPROVAL OF CLAIMS Claims submitted for payment October 4, 1994: AIRPORT TAX EXEMPT IMPROVEMENTS Shilts, Graves & Associates $ 65.00 Ken Herceg & Associates $ 178.95 AIRPORT TAXABLE PUBLIC IlVIPROVEMENTS REFUNDING Economic Research Associates $ 8,750.00 BLACKTHORN GOLF COURSE CONSTRUCTION FUND Village Supply, Inc. $ 361.80 Sign Designs $ 458.00 H. S. Altman Inc. $ 281.03 C1ubSmart $ 6,650.00 Illinois Lawn .Equipment $ 28.27 Kuert Concrete $ 829.56 Berreth Oil, Inc. $ 399.97 Aratex Services, Inc. $ 17.85 Keck's Klear Water $ 64.80 Cannon Turf Supply $ 946.50 Kenney Machinery Corp. $ 279.47 Big C Lumber $ 193.80 AAY's Rent-All Company $ 120.00 The Dugout $ 307.50 Builders Square, Inc. $ 42.96 WW Grainger, Inc. $ 123.16 Stans & Ted's Lawnmower Shop $ 86.13 Sherwin Williams $ 204.80 Mid City Supply, Co. $ 94.22 Wyatt Farm Center, Inc. $ 130.00 Illinois Lawn Equipment $ 35.46 WW Grainger, Inc. $ 756.75 -4- • South Bend Redevelopment Authority Regular Meeting -October 4, 1994 4. APPROVAL OF CLAIMS (Cont.) COLLEGE FOOTBALL HALL OF FAME PROJECT CONSTRUCTION FUND Gerard Hilferty & Associates $ 18,381.37 Dartmouth College $ 126.00 South Bend Tribune $ 62.41 Hawkins, Delafield & Wood $ 8, 825.00 Tri-County News, Inc. $ 93.73 Donna Lawrence Productions $ 91,425.00 Atta, Inc. $ 27, 341.00 Atta, Inc. (retainage) $ 1,789.00 Gerard Hilferty $ 18,157.60 CENTURY CENTER PROJECT CONSTRUCTION FUND Alan Ritchie/David Fiore Architects $ 3,053.19 • Upon a motion by Mr. Gammage, seconded by Mr. Wroblewski and unanimously carried, the Authority approved the Claims submitted October 4, 1994. 5. NEXT COMMISSION MEETING The next Regular Meeting of the Redevelopment Commission is scheduled for October 21, 1994 at 4:30 p.m. 6. ADJOURNMENT There being no further business to come before the Authority, Mr. Gammage made a motion that the meeting be adjourned. Mr. Wroblewski seconded the motion and the meeting was adjourned at 4:40 p.m. f1`- ` J h .Wroblewski, President E. Kolata, Director -5-