HomeMy WebLinkAbout1995-04-04 Redevelopment Authority MinutesSOUTH BEND REDEVELOPMENT AUTHORITY
REGULAR MEETING
April 4, 1995 1308 County-City Building
4:30 p. m. 227 W. Jefferson Boulevard
Presiding: Joseph Wroblewski South Bend, Indiana 46601
President
The Apri14, 1995 Regular Meeting of the Redevelopment Authority was called to order at
4:37 p.m. by its President, Joseph Wroblewski. There was a quorum present.
1. ROLL CALL
Members Present: Mr. Joseph Wroblewski, President
Ms. Mary O. Ferlic, Secretary
Members Absent: Mr. Andre B. Gammage, Vice-President
Redevelopment Staff: Mrs. Ann Kolata, Director
Mrs. Cheryl Phipps, Recording Secretary
. 2. APPROVAL OF MINiJTES
a. Approval of Minutes of the Regular Meeting of Tuesday, March 21, 1995.
Upon a motion by Ms. Ferlic, seconded by Mr. Gammage and unanimously
carried, the Authority approved the Minutes of the Regular Meeting of
1Liesday, March 21, 1995.
3. NEW BUSINESS
a. Authority authorization requested to file Form 8038-T related to South
Bend Redevelopment Authority Lease Rental Revenue Bonds (Airport
Economic Development Area Public Improvement Project).
Mrs. Kolata noted that the terms of the 1hx Exempt Bonds required that the
funds be spent within two years of issuance and we did not meet this spending
schedule. The Internal Revenue Service requires that the Authority report
every six months what funds are left unspent and pay a penalty for the unspent
funds. The proceeds from these bonds are now all spent and we do not owe a
penalty, but need to file this form showing that all funds have now been spent.
Upon a motion by Ms. Ferlic, seconded by Mr. Wroblewski and unanimously
carried, the Authority authorized filing of Form 8038 T related to South Bend
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South Bend Redevelopment Authority
Regular Meeting -April 4, 1995
3. NEW BUSINESS (Cont.)
a. continued...
Redevelopment Authority Lease Rental Revenue Bonds (Airport Economic
Development Area Public Improvement Project).
4. APPROVAL OF CLAIMS
Claims submitted for approval and ratification April 4, 1995:
COLLEGE FOOTBALL. HALL OF FAME
RETAINAGE
The Fuji Bank, Limited $ 17,333.96
Exhibit Concepts, Inc. $ 292,007.80 $ 15,368.83
Upon a motion by Ms. Ferlic, seconded by Mr. Wroblewski and unanimously carried,
the Authority approved the Claims submitted Apri14, 1995.
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5. NEXT MEETING
The next Regular Meeting of the Redevelopment Authority is scheduled for April 18,
1995 at 4:30 p.m.
6. ADJOLTRNMF1vT
There being no further business to come before the Redevelopment Authority, Ms.
Ferlic made a motion that the meeting be adjourned. Mr. Wroblewski seconded the
motion and the meeting was adjourned at 4:42 p.m.
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J ph .Wroblewski, President
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Ann E. Kolata, Director
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