HomeMy WebLinkAbout2004-10-13 Redevelopment Authority Minutes~~
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SOUTH BEND REDEVELOPMENT AUTHORITY
REGULAR MEETING
October 13, 2004
1:30 p.m.
Presiding: Cleo Washington
1308 County-City Building
227 West Jefferson Boulevard
South Bend, IN 46601
The October 13, 2004 Rescheduled Regular Meeting of the Redevelopment Authority was called
to order at 1:40 p.m. by Cleo Washington. There was a quorum present.
1. ROLL CALL
Members Present: Mr. Cleo Washington, Vice-President
Mr. Jose Alvarez, Secretary
Member Absent: Ms. Carolyn V. Pfotenhauer, President
Redevelopment Staff: Mr. Andy Laurent, Economic Development Specialist
Mrs. Jenny Hullinger, Recording Secretary
2. APPROVAL OF MINUTES
a. Approval of the minutes of August 18, 2004
Upon a motion by Jose Alvarez, seconded by Cleo Washington, and unanimouslycarried,
the Authority approved the Minutes of the Regular Rescheduled Meeting of August 18,
2004.
3. CLAIMS
Claims previously reviewed and recommended for approval by the Director of Economic
Development on October 13, 2004:.
Century Center Refunding Bonds of 2001
Wells Fargo
Trustee Fee for 8/30/04 - 8/29/05 $2,000.00
Upon a motion by Mr. Washington, seconded by Mr. Alvarez, the Authority approved the
claim as presented.
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4. OLD BUSINESS
Mr. Washington said he had asked about the College Football Hall of Fame bonds. Mr.
Laurent said he had the information from Mr. Inks: the bonds were issued in 2000, they
are twenty year bonds that will mature in August of 2019. The original issuance amount
was $15,370,000.00. As of 12-31-03, the remaining balance was $13,945.00, which is
The South Bend Redevelopment Authority
October 13, 2004 Meeting Minutes
following the amortization schedule.
Mr. Laurent reported on the concerns about naming the Morris Plaza the Jon R. Hunt
Plaza. The Mayor's Office had already consulted with the Raclin family, and the Mayor
made comments to that regard during the ceremony.
5. NEXT MEETING DATE: October 20, 2004
6. ADJOURNMENT
There being no further business to come before the Redevelopment Authority the meeting
was adjourned at 1:45 p.m.
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Y Vice-President
Cleo Washington,
Andy Laurent, Economic Development
Specialist
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