HomeMy WebLinkAbout1997-11-14 Redevelopment Authority Minutes• SOUTH BEND REDEVELOPMENT AUTHORITY
SPECIAL MEETING
November 14, 1997 1308 County -City Building
4:00 p.m. 227 W. Jefferson Boulevard
Presiding: Andre Gammage South Bend, Indiana 46601
President
The November 14, 1997 Special Meeting of the Redevelopment Authority was called to order at
4:06 p.m. by its President, Andre Gammage. There was a quorum present.
1. ROLL CALL
Members Present: Mr. Andre Gammage, President
Mr. Eugene Ladewski, Secretary
Member Absent: Ms. Carolyn Pfotenhauer, Vice-President
Legal Counsel: Ms. Anne Bruneel
Redevelopment Staff: Mrs. Ann Kolata, Director
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Mrs. Cheryl Phipps, Recording Secretary
Ms. Jennifer Hollinger, Secretary
Mr. James Riggs, Economic Development Specialist
Others: Mr. Carl Littrell, City Engineer
2. APPROVAL OF MINUTES
a. Approval of Minutes of the Regular Meeting of Friday, September 19,1997.
Upon a motion by Mr. Ladewski, seconded by Mr. Gammage and unanimously
carried, the Authority approved the Minutes of the Regular Meeting of Friday,
September 19, 1997.
3. NEW BUSINESS
a. Authority approval requested for Resolution No. 116 approving the transfer
of real property to the Redevelopment Commission for property located in
the Airport Economic Development Area.
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Mrs. Kolata explained that the property being transfered to the Redevelopment
Commission is part of the Blackthorn Corporate Park. The Redevelopment
Authority owns the property. The Redevelopment Authority leases the property
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• South Bend Redevelopment Authority
Special Meeting -November 14, 1997
3. NEW BUSINESS
a. continued...
to the Redevelopment Commission so that the Commission can market it for
development. The Commission has accepted a Letter of Intent to purchase
approximately 8 acres with a right of first refusal on an additional 2 acres. In
order to close on the property the Commission needs to own the land, so
Resolution No. 116 transfers 10 acres to the Redevelopment Commission. At the
closing with the developer, a portion of the proceeds will go to defease a portion
of the bonds. The Commission will defease all 10 acres, but will only transfer 8
acres to the developer.
Mrs. Kolata noted that the project will be athree-story, 90,000 square foot
building in a wooded area behind the 15th Green of Blackthorn Golf Course. The
Commission has agreed to extend Mayflower Road and create a cul de sac for
access to the property.
• 4. CLAIMS
Claims submitted for approval for November 14, 1997.
SBCDA PUBLIC IMPROVEMENT PROJECT
Norwest Bank Indiana, N.A. $2,287.50
HALL OF FAME LEASE REVENUE BONDS
Helaba (Letter of Credit) $21,029.34
AIRPORT TAX EXEMPT BOND
Norwest Bank Indiana, N.A. _ $1,250.00
Upon a motion by Mr. Gammage, seconded by Mr. Ladewski and unanimously carried9
the Authority approved the Claims submitted November 14, 1997, for approval.
5. NEXT MEETING DATE:
The next meeting of the Redevelopment Authority is scheduled for Friday, November 219
1997 at 3:30 p.m.
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• South Bend Redevelopment Authority
Special Meeting -November 14, 1997
6. ADJOURNMENT
There being no further business to come before the Redevelopment Authority, Mr.
Gammage made a motion that the meeting be adjourned. Mr. Ladewski seconded the
motion and the meeting was adjourned at 4:14 p.m.
Andre B. Gammage, Presiden Ann E. Kolata, Director
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