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HomeMy WebLinkAbout1999-01-11 Redevelopment Authority Minutes • • SOUTH BEND REDEVELOPMENT AUTHORITY SPECIAL MEETING January 11, 1999 1308 County-City Building 2:00 p.m. 227 W. Jefferson Boulevard Presiding: Ms. Carolyn Pfotenhauer South Bend, IN 46601 President Mrs. Loretta Duda, City Clerk, administered the oath of office to the members. The January 11, 1999 Special Meeting of the Redevelopment Authority was called to order at 2:10 p.m. by its 1998 President, Carolyn Pfotenhauer. There was a quorum present. 1. ROLL CALL Members Present: Redevelopment Staff: 2. ELECTION OF OFFICERS Ms. Carolyn Pfotenhauer, President Mr. Matthew Kahn, Vice-President Mr. Jose Alvarez, Secretary Mrs. Ann Kolata, Director Mrs. Jennifer Hullinger, Recording Secretary Mrs. Kolata conducted the Election of Officers. PRESIDENT Mr. Alvarez nominated Carolyn Pfotenhauer to serve as President of the Redevelopment Authority. Matthew Kahn seconded the nomination. There were no additional nominations. The vote being unanimous, Ms. Pfotenhauer was elected President for 1999. Vice-President Ms. Pfotenhauer nominated Matthew Kahn to serve as Vice-President of the Redevelopment Authority. Jose Alvarez seconded the nomination. There were no additional nominations. The vote being unanimous, Mr. Kahn was elected Vice- President for 1999. H:\WPDATA\AUTHORTY\011199.NIIN • The South Bend Redevelopment Authority Special Meeting January 11, 1999 Secretary-Treasurer Matthew Kahn nominated Jose Alvarez to serve as Secretary-Treasurer of the Redevelopment Authority. Carolyn Pfotenhauer seconded the nomination. There were no additional nominations. The vote being unanimous, Mr. Alvarez was elected Secretary-Treasurer for 1999. Ms. Pfotenhauer assumed the chair. 3. APPROVAL OF MINUTES Upon a motion by Mr. Alvarez, seconded by Mr. Kahn and unanimously carried, the Authority approved the Minutes of the Regular Meeting of December 7, 1998. 4. NEW BUSINESS a. Approval requested for Investment Direction to Norwest Bank, Indiana, N.A. (Blackthorn Golf Course Bonds-1998) • Mrs. Kolata stated that the Authority members need to annually submit their signatures for Norwest Bank to have them on file. The second item authorized Norwest to invest funds on deposit in various trust accounts, as listed, to ensure the best investment of the funds. Upon a motion by Mr. Kahn, seconded by Ms. Pfotenhauer, and unanimously carried, the Authority approved the request for Investment Direction to Norwest Bank, Indiana, N.A. 5. CLAIMS Claims submitted for approval on January 11, 1999 Blackthorn Refunding Bond Issue Fiduciary Communications Company $1,541.32 Norwest Bank Indiana, N.A. 3,000.00 Baker and Daniels 13,791.60 Upon a motion by Mr. Alvarez, seconded by Mr. Kahn, and unanimously carried, the • 2 H:\WPDATA\AUTHORTY\011199.MIN • The South Bend Redevelopment Authority Special Meeting January 11, 1999 Authority approved the Claims submitted January 11, 1999. 6. REGULAR MEETING DATE The first and third Mondays of each month at 1:30 p.m. were established as the regular meeting times for 1999 beginning January 18, 1999. 7. ADJOURNMENT There being no further bui~ness to come before the Redevelopment Authority, Ms. Pfotenhauer adjourn 'the eeting at 2:20 p.m. -~'._~ ~. -:, Carolyn V. fote aue ,President Ann E. Kolata, Director • • 3 H:\WPDATA\AUTHORTY\011199.1VIIN