HomeMy WebLinkAbout1999-7-28 Redevelopement Authority Minutes~.
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SOUTH BEND REDEVELOPMENT AUTHORITY
RESCHEDULED REGULAR MEETING
July 28, 1999 1308 County-City Building
227 West Jefferson Boulevard
1:30 p.m.
Presiding: Mr. Matthew Kahn South Bend, IN 46601
The July 28, 1999 Regular Meeting of the Redevelopment Authority was called to order at
1:50 p.m. by its Vice-President, Matthew Kahn. There was a quorum present.
1. ROLL CALL
Members Present: Mr. Matthew Kahn, Vice-President
Mr. Jose Alvarez, Secretary
Redevelopment Staff: Mrs. Ann E. Kolata, Director
Mrs. Jenny Hullinger, Recording Secretary
Mr. Brian Steinke, Attorney
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2. APPROVAL OF MINUTES
Upon a motion by Jose Alvarez, seconded by Matthew Kahn, and unanimously carried,
the Authority approved the Minutes of the Regular Meeting of July 12, 1999.
3. New Business
a. Authority approval requested for Resolution No. 135 accepting the transfer of real
property from the South Bend Redevelopment Commission.
Mrs. Kolata said this is an L-shaped piece of property next to the Studebaker
Museum, whose purchase is being financed by the Section 108 loan. Mr. Alvarez
asked what the land would be used for. Mrs. Kolata said that the new Studebaker
Museum will be built on this property. Mr. Alvarez asked when the Museum
would be built. Mrs. Kolata stated that funds were being raised, and construction
may begin in 2001.
Upon a motion by Jose Alvarez, seconded by Matthew Kahn, and unanimously
carried, the Authority approved Resolution No. 135 accepting the transfer of real
property from the South Bend Redevelopment Commission.
b. Authority approval requested for proposal from Norwest Bank Indiana, N.A.,
related to the Section 108 program.
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The South Bend Redevelopment Authority
July 28, 1999 Meeting Minutes
Mrs. Kolata said this proposal is their fee for setting up the escrow and
maintaining it. The set-up fee is $750, and the annual fee is $750.
Upon a motion by Mr. Alvarez, seconded by Mr. Kahn, and unanimously carried,
the Authority approved the proposal from Norwest Bank Indiana, N.A., related to
the Section 108 program.
4. CLAIMS
Claims submitted for approval July 28,1999
College Football Hall of Fame Lease Rental Bonds of 1994
Banc One Capital Markets, Inc., Remarketing Services $21,918.66
College Football Hall of Fame
Norwest Bank Indiana, N.A., Trustee Fees
for 7-1-98 through 6-30-99 $ 4,760.00
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Upon a motion by Mr. Kahn, seconded by Mr. Alvarez, and unanimously carried, the
Authority approved the claims submitted July 28, 1999.
6. NEXT MEETING DATE: August 16, 1999
7. ADJOURNMENT
There being no further business to come before the Redevelopment Authority, Mr.
Alvarez made a motion that the meeting be adjourned. Mr. Kahn seconded the motion,
and the meeting was adjourned at 1:55 p.m.
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Carolyn Pfotenhauer, President
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Ann E. Kolata, Director
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