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HomeMy WebLinkAbout2001-05-16 Redevelopment Authority MinutesC] SOUTH BEND REDEVELOPMENT AUTHORITY RESCHEDULED REGULAR MEETING May 16, 2001 1308 County-City Building 1:30 p.m. 227 West Jefferson Boulevard Presiding: Ms. Carolyn Pfotenhauer South Bend, IN 46601 The May 16, 2001 Regular Meeting of the Redevelopment Authority was called to order at 1:34 p.m. by its President, Carolyn Pfotenhauer. There was a quorum present. 1. ROLL CALL Members Present: Ms. Carolyn V. Pfotenhauer, President Mr. Jose Alvarez, Secretary Member Absent: Mr. Cleo Washington • Redevelopment Staff: Mr. Donald Inks, Director Mrs. Jenny Hullinger, Recording Secretary 2. APPROVAL OF MINUTES a. Approval of the minutes of May 16, 2001 Upon a motion by Carolyn Pfotenhauer, seconded by Jose Alvarez, and unanimously carried, the Authority approved the Minutes of the Regular Meeting of May 16, 2001. 3. NEW BUSINESS a. Authority approval requested for audit services from Crowe Chizek and Company, LLP for the South Bend Redevelopment Authority Morris Performing Arts Center Project as of December 31, 2000 or through the date of substantial completion of the project. Mr. Inks said that this audit is required by bond issue for the Morris. We solicited four C.P.A. firms to provide us with quotes, and only two responded. Crowe Chizek's quote was half that of the other who responded. Crowe Chizek is very familiar with this type. of work, having done. three for us in the past. They know exactly what is required and we have been pleased with their results. Upon a motion by Jose Alvarez, and seconded by Carolyn Pfotenhauer, the Authority approved Crowe Chizek as the auditing firm for the South Bend • H:\WPDATA\AUTHORTY\051601.min.wpd The South Bend Redevelopment Authority • May 16, 2001 Meeting Minutes Redevelopment Authority Morris Performing Arts Center Project as of December 31, 2000 or through the date of substantial completion of the project. b. Authority approval requested for Resolution No. 146 amending Resolution No. 145 entitled "Resolution of the South Bend Redevelopment Authority Authorizing the Issuance of the South Bend Redevelopment Authority Lease Rental Revenue Refunding and Improvement Bonds of 2001 (Century Center Project) and other related matters". Mr. Inks said the amendment to Resolution No. 145 involves the redemption dates. City Securities suggested that we change the dates from February 1, 2010 to February 1, 2011 so that the redemption date is ten years out, as our other ones are, rather than nine. Upon a motion by Ms. Pfotenhauer, seconded by Mr. Alvarez, the Authority approved Resolution No. 146 amending Resolution No. 145 entitled "Resolution of the South Bend Redevelopment Authority Authorizing the Issuance of the South Bend Redevelopment Authority Lease Rental Revenue Refunding and Improvement Bonds of 2001 (Century Center Project) and other related matters". • 4. OTHER BUSINESS a. Establish meeting time and day. Ms. Pfotenhauer said, and Mr. Alvarez was in agreement, that Wednesdays at 1:30 p.m. was a good meeting time for the Authority. Upon a motion by Ms. Pfotenhauer, and seconded by Mr. Alvarez, the Authority adopted the first and third Wednesdays of the month at 1:30 p.m. as their new meeting times. b. Signing of replats Mr. Inks said that occasionally replats need to be signed by a Redevelopment Authority member. Mr. Inks said that he signs the replats for the Redevelopment Commission and, if the Authority members felt comfortable with that arrangement, he would be willing to sign those for the Authority. Ms. Pfotenhauer asked if it is a statutory requirement for an Authority member to sign the replats. Mr. Inks did not think so. Ms. Pfotenhauer asked him to check the • H:\WPDATA\AUTHORTY\051601.min.wpd • The South Bend Redevelopment Authority May 16, 2001 Meeting Minutes statute and report back. If it was not, she was fine with it. Mr. Alvarez agreed with Ms. Pfotenhauer. Mr. Inks said he would let them know. 5. NEXT MEETING DATE: June 6, 2001 6. ADJOURNMENT There being no further business to come before the Redevelopment Authority the meeting was adjourned at 1:42 p.m. ~ ~ `~ ~--~ca__ arolyn V. Pfo nhau ident Donald Inks, Director n U H:\WPDATA\AUTHORTY\051601.min.wpd