HomeMy WebLinkAbout2003-01-15 Redevelopment Authority MinutesSOUTH BEND REDEVELOPMENT AUTHORITY
ANNUAL ORGANIZATIONAL AND SPECIAL MEETING
January 15, 2003 1308 County-City Building
1:30 p.m. 227 West Jefferson Boulevard
Presiding: Ms. Carolyn Pfotenhauer South Bend, IN 46601
The January 15, 2003 Annual Organizational and Special Meeting of the Redevelopment
Authority was called to order at 1:35 p.m. by its President, Carolyn Pfotenhauer. There was a
quorum present.
L 'ROLL CALL
Members Present: Ms. Carolyn V. Pfotenhauer, President
Mr. Cleo Washington, Vice-President
Mr. Jose Alvarez, Secretary
Redevelopment Staff: Mr. Owen Rock, Assistant Director
Ms. Jennifer Hughes, Economic Development Planner
Mrs. Jenny Hullinger, Recording Secretary
2. SWEARING IN OF AUTHORITY MEMBERS
Ms. Loretta Duda Ci Clerk, administered the oath of office to the following
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Authority members: Carolyn Pfotenhauer, Cleo Washington and Jose Alvarez.
3. ELECTION OF OFFICERS
President
Ms. Pfotenhauer nominated Mr. Alvarez, and he declined. Mr. Alvarez nominated Mr.
Washington, and he declined. Mr. Washington nominated Ms. Pfotenhauer and she
accepted. Mr. Alvarez seconded the motion, and it was unanimously approved. Ms.
Pfotenhauer was elected President for 2003.
Vice-President
Mr. Alvarez nominated Mr. Washington, Ms. Pfotenhauer seconded the nomination and
the vote was unanimously carried. Mr. Washington was elected Vice-President for 2003.
Secretary
Mr. Washington nominated Mr. Alvarez, and Ms. Pfotenhauer seconded the nomination.
The motion was unanimously approved. Mr. Alvarez was elected Secretary for 2003.
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The South Bend Redevelopment Authority
January 15, 2003 Meeting Minutes
4. APPROVAL OF MINUTES
a. Approval of the minutes of December 18, 2002
Upon a motion by Mr. Washington, seconded by Mr. Alvarez, and unanimously carried,
the Authority approved the Minutes of the Regular Meeting of December 18, 2002.
NEW BUSINESS
5.
a. Authority Approval Requested for Resolution No. 150 Rescinding Transfer of
Real Property to the South Bend Redevelopment Commission.
Mr. Rock said this rescinds the transfer of the Palais from the Authority to the
Commission. The attempt was made to use Federal Tax Credits to fill in the
funding gap for the restoration of the Palais. Because the idea came so late in the
year, the banks did not have time to structure the funding to make the deal work.
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Upon a motion by Mr. Washington, seconded by Ms. Pfotenhauer, and
unanimously carried, the Authority approved Resolution No. 150 Rescinding
Transfer of Real Property to the South Bend Redevelopment Commission.
CLAIMS
6.
Claims previously reviewed and recommended for approval by the Director of Economic
Development on January 15, 2003.
South Bend Redevelopment Authority Lease Rental Revenue Refunding Bonds of 2000
(College Football Hall of Fame Project)
Wells Fargo
Trustee Fee
$2,500.00
South Bend Redevelopment Authority Lease Rental Revenue Refunding Bonds of 1997
(Airport EDA Public Improvement Project)
Wells Fargo
Filing of continuation of UCC financing Statement $542.50
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South Bend Redevelopment Authority Lease Rental Refunding Bonds Series 1996A
(South Bend Central Development Area Public Improvement Project)
Wells Fargo
Administration Charges (for 10/1/01-9/30/02) $2,200.00
Transaction Charges (for 10/1/01-9/30/02) 200.00
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The South Bend Redevelopment Authority
January 15, 2003 Meeting Minutes
Transaction Charges
Total:
25.00
$2,425.00
Upon a motion by Mr. Alverez, seconded by Mr. Washington, .and unanimously carried,
the Authority approved the claims submitted January 15, 2003.
7. NEXT MEETING DATE: February 5, 2003
8. ADJOURNMENT
There being no further business to come before the Redevelopment Authority the meeting
was adjourned at 1:53 p.m.
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Carolyn V. Pfo nhau ` , sident
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Owen Rock, Assistant Director
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