HomeMy WebLinkAbout2002-11-27 Redevelopment Authority Minutes.,
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SOUTH BEND REDEVELOPMENT AUTHORITY
• REGULAR MEETING
November 27, 2002 1308 County-City Building
1:30 p.m. 227 West Jefferson Boulevard
Presiding: Carolyn Pfotenhauer South Bend, IN 46601
The November 27, 2002 Rescheduled Regular Meeting of the Redevelopment Authority was
called to order at 1:33 p.m. by 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, Vice-President
Redevelopment Staff: Mr. Donald Inks, Director
Mr. Owen Rock, Assistant Director
Mrs. Jenny Hullinger, Recording Secretary
2. APPROVAL OF MINUTES
a. Approval of the minutes of October 9, 2002
Upon a motion by Carolyn. Pfotenhauer, seconded by Jose Alvarez, and unanimously
carried, the Authority approved the Minutes of the Regular Meeting of October 9, 2002.
3. NEW BUSINESS
a. Authority approval of transfer of Palais Royale Property to the Redevelopment
Commission.
Mr. Inks said in order to close the funding gap for the renovations on the Palais we are
looking into raising money through the Historic tax credits. We will need to transfer the
property to the Redevelopment Commission so that they can sell it to a private for-profit
corporation. The bond holders are being notified that the bonds will be paid off by the
27t'' of December.
Upon a motion by Mr. Alvarez, seconded by Ms. Pfotenhauer, the Authority approved the
transfer of the Palais Royale Property to the Redevelopment Commission, and authorized
the Authority's officers to execute the appropriate documents.
4. NEXT MEETING DATE: December 18, 2002
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• The South Bend Redevelopment Authority
November 27, 2002 Meeting Minutes
5. ADJOURNMENT
There being no further business to come before the Redevelopment Authority the meeting
was adjourned at 2:00 p.m.
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