HomeMy WebLinkAbout08-01-08 Redevelopment Commission MinutesSOUTH BEND REDEVELOPMENT COMMISSION
REGULAR MEETING
August 1, 2008
10:00 a.m. 227 West Jefferson Boulevard
Presiding: Marcia I. Jones, President South Bend, Indiana
1. ROLL CALL
Members Present: Ms. Marcia Jones, President
Mr. Karl King, Vice President
Mr. Hardie Blake, Jr.
Dr. David Varner
Ms. Ann Rosen
Members Absent: Mr. Greg Downes, Secretary
Legal Counsel: Mr. Charles S. Leone, Esq.
Mr. Lawrence Meteiver, Esq.
Redevelopment Staf£ Mr. Don Inks, Director
Mrs. Cheryl Phipps, Recording Secretary
Mr. Bill Schalliol, Economic Development Specialist
Ms. Jennifer Laurent, Economic Development Specialist
Mr. Nicholas Witwer, Economic Development Specialist
Ms. Debrah Jennings, Property Manager
Others Present: Mr. Tom Price, Mayor's Office
Ms. Jamie Loo, South Bend Tribune
Ms. Rita Kopala
Ms. GlendaRae Hernandez
Ms. Mindy Risser
Mr. Mark Seaman
Ms. Jones introduced Ms. Ann Rosen, newly appointed
member of the Commission. HEA 1001 added a
representative of the local school board to each
Redevelopment Commission. Ms. Rosen is a member
of the South Bend Community School Corporation,
appointed to the Commission as anon-voting member.
2. APPROVAL OF MINUTES
A. Approval of Minutes of the Regular Meeting of
Friday, July 18, 2008.
Mr. Varner noted that on the bottom of Page 10, he
South Bend Redevelopment Commission
Regular Meeting -August 1, 2008
would like the Minutes to say that Blackthorn Golf
Course should be sold, not that "we should move
on."
Mr. Varner also asked staff for a map of the
defined MIND area. Mr. Witwer will provide that.
Upon a motion by Mr. King, seconded by Mr.
Varner and unanimously carried, the Commission
approved the Minutes of the Regular Meeting of
Friday, July 18, 2008 as amended.
3. APPROVAL OF CLAIMS
COMMISSION APPROVED THE MINUTES OF THE
REGULAR MEETING OF FRIDAY, JULY 18,
2008, AS AMENDED
Redevelopment Commission Claims submitted August 1, 2008 for approval.
305 FUND SBCDA BOND
SBD Reprographics 218.48 Michigan St Improvements
324 AIRPORT AEDA
Sopko, Nussbaum, Inabnit &
Kaczmarek 4,737.29 Legal Service
Park Department 6,315.50 Seasonal Property Maint.
Wightman Petrie 1,871.63 Former EMI Building 2060 S Main
Hull & Associates, Inc. 355.39 Eckler-Lahey and South Bend Foundry
Notice To Bibbers Studebaker Corridor Area
Tri County News 57.65 A South
420 FUND TIF DISTRICT-SBCDA GENERAL
Sopko, Nussbaum, Inabnit &
Kaczmarek 3,097.46 Legal Service
CB Richard Ellis 747.12 Management Fee & General Maintenance
Ampco System Parking 1,575.96 St. Joseph St. Surface Lot /Main ST Lot
Electric Service for LaSalle Hote1237 N
Indiana Michigan Power 187.88 Michigan
Circle Lumber, Inc. 2.13 Weed Killer
Park Department 804.00 Seasonal Property Maint.
Wightman Petrie 2,300.00 300 & 400 Blocks of W Western Ave
Wightman Petrie 5,525.00 Gates North Block Boundary Survey
Wightman Petrie 3577.5 Demolition of Gates Chevy World Building
Abonmarche 1,500.00 St. Joseph St Parking Lot
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South Bend Redevelopment Commission
Regular Meeting -August 1, 2008
Jerome E. Michaels, MAI
Rose Pest Solutions
Schindeler Elevator Corp
2,350.00 Fred's Transmission
Pest Control for LaSalle Hote1237 N
93.00 Michigan
134.91 LaSalle Hotel inspection
422 FUND WEST WASHINGTON
Sopko, Nussbaum, Inabnit &
Kaczmarek 202.45
Park Department 186.00
430 FUND SOUTH SIDE DEVELOPMENT
Park Department 148.00
Total
$ 35,987.35
Mr. Varner asked if staff has received any
communication from the developer interested in the
LaSalle Hotel Ms. Laurent responded that staff has
been in contact with him, and plans to have a Contract
for Sale of Land on the next Commission agenda.
Upon a motion by Mr. King, seconded by Mr. Blake and
unanimously carried, the Commission approved the
Claims submitted August 1, 2008, and ordered checks to
be released.
4. COMMUNICATIONS
There were no Communications.
5. OLD BUSINESS
A. Airport Economic Development Area
(1) Commission authorization requested to
submit Certified Technology Park
Technology Development Grant Fund
Application.
Mr. Inks noted that this is a grant application
for up to $4M, $2M for operating and $2M
for capital for the Certified Technology Park.
Legal Service
Seasonal Property Maint.
Seasonal Property Maint.
COMMISSION APPROVED THE CLAIMS
SUBMITTED AUGUST 1, 2008, AND ORDERED THE
CHECKS TO BE RELEASED
THERE WERE NO COMMUNICATIONS
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South Bend Redevelopment Commission
Regular Meeting -August 1, 2008
5. OLD BUSINESS (CONT.)
A. Airport Economic Development Area
(1) continued...
Mr. Inks noted that staff is continuing to have
discussions with IEDC and to make progress,
but we're not ready to move forward with the
grant application yet. He asked that it be
tabled until the August 15 meeting.
Ms. Jones asked whether IDEC is the holdup.
Mr. Inks responded that the city has been
presented with some options and we're trying
to figure out which way we should go. The
grant request is being reviewed at the same
time IEDC reviews the application. IEDC is
structuring it as they review it.
Mr. Varner asked whether the choices affect
the timeline, or the distribution of the dollars.
Mr. Inks said it could affect either one.
That's what staff is trying to weigh.
Upon a motion by Mr. King, seconded by COMMISSION TASEED ITEM 5.A(1)
Mr. Blake and unanimously carried, the
Commission tabled Item S.A(1).
6. NEW BUSINESS
A. South Bend Central Development Area
(1) Commission approval requested for
Resolution No. 2480 approving the fair
market value of property in the South
Bend Central Development Area (118 N.
Main Street, JMS Parking Lot)
Ms. Laurent noted that on June 3, the
Commission approved an option agreement
for purchase of 118 N. Main St., the surface
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South Bend Redevelopment Commission
Regular Meeting -August 1, 2008
6. NEW BUSINESS (CONT.)
A. South Bend Central Development Area
(1) continued...
parking lot owned by Mary Coyne
Investments, adjacent to the historic JMS
Building. The Commission's interest in the
property is related to the parking assembly
for a proposed development of residential
condominiums in the 7MS building. The
Commission has agreed to secure an option
on the property and dispose of it through the
public disposition process, setting an offering
price equal to the Commission's negotiated
purchase price. The price the Commission
has negotiated with Mary Coyne is $200,000,
thus Resolution No. 2480 sets the offering
price for disposition at $200,000.
Mr. Inks noted that by law the Commission is
not allowed to set the offering price lower
than the average of two appraisals of the
property. In this case, the average is
$84,000. However, the Commission may set
it higher than that amount. Since the
Commission negotiated a price with the
sellers of $200,000, we are making that the
offering price. Staff recommends approval.
Mr. Varner asked if there was any chance the
Commission could end up owning the lot and
not have a buyer. Ms. Laurent responded
that the Option won't be exercised until
closing with the owner of the JMS building.
The intent of the Option is to protect the city.
Upon a motion by Mr. King, seconded by COMMISSION APPROVED RESOLUTION No. 2480
Mr. Varner and unanimously carried, the APPROVING THE EAIR MARxET vALUE of
COmmisslOn apprOVed ReSOlutlOn NO. 2480 PROPERTY IN THE SOUTH BEND CENTRAL
DEVELOPMENT AREA. (118 N. MAIN STREET,
approving the fair market value of property JN1S PARxING LOT)
South Bend Redevelopment Commission
Regular Meeting -August 1, 2008
6. NEW BUSINESS (CONT.)
A. South Bend Central Development Area
(1) continued...
in the South Bend Central Development
Area. (118 N. Main Street, JMS parking lot)
(2) Commission approval requested for Bid
Specifications and Design Considerations
for property located at 118 N. Main Street
in the South Bend Central Development
Area.
Ms. Laurent noted that the Bid Specifications
outline reuse as a parking lot in support of
the JMS building.
Mr. Leone noted that the Legal Dept. has
some concerns related to the way the Bid
Specifications are written. (1) Since the
Commission does not yet own the property,
the Bid Specifications need to reflect the fact
that the offering is contingent on the
Commission exercising its option to purchase
the property. (2) There is a reference in the
specifications of a bid being made by a trust.
The Bid Specifications need to identify the
authority of the trustee to engage in the
transaction. Mr. Leone said the Bid
Specifications could be approved with those
changes.
Upon a motion by Mr. King, seconded by
Mr. Blake and unanimously carried, the
Commission approved the Bid Specifications
and Design Considerations as amended for
property located at 118 N. Main Street in the
South Bend Central Development Area.
COMMISSION APPROVED THE BID
SPECIFICATIONS AND DESIGN CONSIDERATIONS
AS AMENDED FOR PROPERTY LOCATED AT 118 N.
MAIN STREET IN THE SOUTH BEND CENTRAL
DEVELOPMENT UREA
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South Bend Redevelopment Commission
Regular Meeting -August 1, 2008
6. NEW BUSINESS (CONT.)
A. South Bend Central Development Area
(3) Commission authorization requested to
publish Notice of Intended sale of property
in the South Bend Central Development
Area with publication dates of August 8
and August 15, 2008 and receipt of bids at
10:00 a.m., September 5, 2008. (118 N.
Main Street, JMS Parking Lot)
Upon a motion by Mr. King, seconded by
Mr. Varner and unanimously carried, the
Commission authorized publication of the
Notice of Intended sale of property in the
South Bend Central Development Area with
publication dates of August 8 and August 15,
2008 and receipt of bids at 10:00 a.m.,
September 5, 2008. (118 N. Main Street,
JMS Parking Lot)
(4) Staff report on updated Three-Year
Strategy for the South Bend Central
Development Area, including South Bend
Regional Museum of Art Sculpture
Garden.
Item 6.A(4) was withdrawn at this time by
staff.
(5) Commission approval requested for
Waiver of Prior Delivery of Disclosure
Document Required by LC. 13-25-3-2(b).
Mr. Schalliol noted that staff intended to
purchase the Gates building at 401 S.
Lafayette, closing on September 2. A
general agreement was made between all
parties to move the closing on the property
from September 2 to August 5 because the
new building on the south side is ready for
COMMISSION AUTHORIZED PUBLICATION OF THE
NOTICE OF INTENDED SALE OF PROPERTY IN THE
SOUTH BEND CENTRAL DEVELOPMENT AREA
WITH PUBLICATION DATES OF AUGUST 8 AND
AUGUST 15, 2008 AND RECEIPT OF BIDS AT 10:00
A.M., SEPTEMBER 5, 2008. (118 N. MAIN
STREET, JMS PARKING LOT
ITEM 6.A(4) WAS WITHDRAWN BY STAFF
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South Bend Redevelopment Commission
Regular Meeting -August 1, 2008
6. NEW BUSINESS (CONT.)
A. South Bend Central Development Area
(5) continued...
move-in. The seller is required to deliver to
the Commission a disclosure document on a
form prescribed by IDEM, relating to the
underground storage tank on the site. This
document is also to be recorded and filed
with IDEM_ This must be done 30 days prior
to closing, unless the buyer waives the
deadline. We wish to waive the deadline and
proceed to closing. Staff also requests
authorization for Don Inks to sign the waiver
once the disclosure document has been
reviewed and approved by our environmental
consultants.
Mr. Varner asked if the city incurs any
additional liability due to the waiver. Mr.
Schalliol responded that it does not.
Upon a motion by Mr. Varner, seconded by
Mr. Blake and unanimously carried, the
Commission approved the Waiver of Prior
Delivery of Disclosure Document Required
by LC. 13-25-3-2(b) and authorized Don Inks
to sign the waiver once the disclosure
document has been reviewed and approved
by our environmental consultants.
(6) Commission approval requested for
proposal for professional services in the
South Bend Central Development Area.
(Plan for reuse of Franklin & Jefferson)
Mr. Inks asked that Item 6.A(6) be tabled.
Upon a motion by Mr. King, seconded by
Mr. Blake and unanimously carried, the
COMMISSION APPROVED THE WAIVER OF PRIOR
DELIVERY OF DISCLOSURE DOCUMENT
REQUIRED BY LC. 13-25-3-2(B) AND
AUTHORIZED DON INKS TO SIGN THE WAIVER
ONCE THE DISCLOSURE DOCUMENT HAS BEEN
REVIEWED AND APPROVED BY OUR
ENVIRONMENTAL CONSULTANTS
COMMISSION TABLED ITEM 6.A(6~ UNTIL
FURTHER NOTICE
South Bend Redevelopment Commission
Regular Meeting -August 1, 2008
6. NEW BUSINESS (CONT.)
A. South Bend Central Development Area
(6) continued...
Commission tabled Item 6.A(6) until further
notice.
(7) Commission approval requested for
proposal for professional services in the
South Bend Central Development Area.
(Plan for two-way traffic on William and
Lafayette)
Mr. Inks asked that Item 6.A(7) be tabled.
Upon a motion by Mr. King, seconded by
Mr. Blake and unanimously carried, the
Commission tabled Item 6.A(7) until further
notice.
(8) Commission approval requested for
Resolution No. 2481 related to acquisition
of property in the South Bend Central
Development Area. (Disposition of SW
corner of Wayne & William)
Mr. Inks asked that Item 6.A(8) be tabled.
Upon a motion by Mr. King, seconded by
Mr. Blake and unanimously carried, the
Commission tabled Item 6.A(8) until further
notice.
(9) Commission approval requested for
Resolution No. 2482 related to acquisition
of property in the South Bend Central
Development Area. (319 S. William)
Mr. Inks asked that Item 6.A(9) be tabled.
6. NEW BUSINESS (CONT.)
COMMISSION TABLED ITEM 6.A(7) UNTIL
FURTHER NOTICE
COMMISSION TABLED ITEM 6.A(8) UNTIL
FURTHER NOTICE
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South Bend Redevelopment Commission
Regular Meeting -August 1, 2008
A. South Bend Central Development Area
(9) continued...
Upon a motion by Mr. King, seconded by
Mr. Blake and unanimously carried, the
Commission tabled Item 6.A(9) until further
notice.
B. Airport Economic Development Area
(1) Commission approval requested for
Resolution No. 2479 setting the fair reuse
value of land in the Airport Economic
Development Area. (Lot 5 Ameritech
Drive)
Mr. Leone noted that there is a Substitute
Resolution No. 2479 which includes the
amount of the offering price.
Mr. Witwer noted that Resolution No. 2479
sets the offering price of Lot 5, Ameritech
Drive. Lot 5 is currently used for retention in
the Airport Economic Development Area.
Only about one third of the lot is actually
needed for retention. There have been three
parties interested in developing a portion of
the lot. Staff feels this would be a good time
to dispose of the unneeded portion.
Mr. Witwer noted that the offering price has
been set as the average of two independent
appraisers at $182,500.
Mr. Varner asked the size of the lot. Mr.
Witwer responded that it is 3.5 acres.
Mr. Varner asked if the offering price is
similar to the sale price of other retail land in
the area. Mr. Witwer said that it is.
COMMISSION TABLED ITEM 6.A(9~ UNTIL
FURTHER NOTICE
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South Bend Redevelopment Commission
Regular Meeting -August 1, 2008
6. NEW BUSINESS (CONT.)
B. Airport Economic Development Area
(1) continued...
Mr. Varner asked if the interested parties are
new businesses or expanding businesses.
Mr. Witwer responded the business is new,
with the possibility of some expansion.
Upon a motion by Mr. Varner, seconded by
Mr. King and unanimously carried, the
Commission approved Substitute Resolution
No. 2479 setting the fair reuse value of land
in the Airport Economic Development Area.
(Lot 5 Ameritech Drive)
(2) Commission approval requested for Bid
Specifications and Design Considerations
for property located at Lot 5 Ameritech
Drive in the Airport Economic
Development Area.
Mr. Witwer reviewed the Bid Specifications.
Bids must be for the entire site. Applicants
are prohibited from acquiring the property
solely for speculative or holding purposes.
Proposals must meet current code and zoning
requirements of the A3, Mixed Use
designation. The Commission encourages
proposals for mixed use which combine
elements of multi-family residential,
commercial retail, commercial office, or
entertainment. The Commission will weigh
how a proposal will positively or negatively
impact existing surrounding businesses and
traffic.
Upon a motion by Mr. Varner, seconded by
Mr. King and unanimously carried, the
Commission approved the Bid Specifications
and Design Considerations for property
11
COMMISSION APPROVED SUBSTITUTE
RESOLUTION NO. 2479 SETTING THE FAIR REUSE
VALUE OF LAND IN THE AIRPORT ECONOMIC
DEVELOPMENT AREA. (LOT 5 AMERITECH
DRIVE
COMMISSION APPROVED THE BID
SPECIFICATIONS AND DESIGN CONSIDERATIONS
FOR PROPERTY LOCATED AT LOT 5 AMERITECH
DRIVE IN THE AIRPORT ECONOMIC
DEVELOPMENT AREA
South Bend Redevelopment Commission
Regular Meeting -August 1, 2008
6. NEW BUSINESS (CONT.)
B. Airport Economic Development Area
(2) continued...
located at Lot 5 Ameritech Drive in the
Airport Economic Development Area.
(3) Commission authorization requested to
publish Notice of Intended sale of property
in the Airport Economic Development
Area with publication dates of August 8
and August 15, 2008 and receipt of bids at
10:00 a.m., September 5, 2008. (Lot 5
Ameritech Drive)
Upon a motion by Mr. Varner, seconded by
Mr. Blake and unanimously carried, the
Commission authorized publication of the
Notice of Intended sale of property in the
Airport Economic Development Area with
publication dates of August 8 and August 15,
2008 and receipt of bids at 10:00 a.m.,
September 5, 2008. (Lot 5 Ameritech Drive)
(4) Commission authorization requested to
file Variance Petition with the Board of
Zoning Appeals for property located in the
900 block of Oliver Plow Court, and
authorization requested for Danch,
Harner & Associates, Inc. to represent the
Commission at the Board of Zoning
Appeals hearing, and authorization for
Don Inks to sign the replat.
Mr. Witwer noted that there is a prospective
buyer for this awkwardly shaped 7.84 acre
parcel on Oliver Plow Court. In order to use
this property they would need seven different
variances from the Board of Zoning Appeals.
The variances will not negatively impact the
COMMISSION AUTHORIZED PUBLICATION OF THE
NOTICE OF INTENDED SALE OF PROPERTY IN THE
AIRPORT ECONOMIC DEVELOPMENT UREA WITH
PUBLICATION DATES OF AUGUST 8 AND AUGUST
15, 2008 AND RECEIPT OF BIDS AT 10:00 A.M.,
SEPTEMBER 5, 2008. (LOT 5 AMERITECH DRIVE
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South Bend Redevelopment Commission
Regular Meeting -August 1, 2008
6. NEW BUSINESS (CONT.)
B. Airport Economic Development Area
(4) continued...
city's intent for this industrial park nor
nearby neighbors. The variances are:
(1) Reduction from a 100 foot setback on the
north side of the property to a minimum 0
foot setback. The north property line abuts
the railroad track which is several feet above
the rear line of this lot. We previously asked
for and received a similar variance for the lot
to the west and the rear setback for this
property would be similar to the abutting
property.
(2) A variance from the requirement of
providing one tree every 40 feet along the
north and west property lines. The proposed
development would not provide any
landscaping on these two sides of the
property.
(3) A variance from the requirement of
providing one tree every 40 feet along the
south property line (Oliver Plow Court). The
proposed development would provide one
tree every 60 feet instead.
(4) A variance from the requirement of no
loading area in a front yard along Oliver
Plow Court to provide for an enclosed
loading area with required maneuvering area.
Because of the nature of the product to be
assembled inside the building, it is necessary
to have a loading dock on the south side.
The proposed building has mitigated this
situation by having the loading docks internal
to the building with overhead doors closing
off the docks when they are not in use.
(5)A variance to allow the minimum parking
setback along Oliver Plow Court to be 15
feet instead of the required 25 feet.
13
South Bend Redevelopment Commission
Regular Meeting -August 1, 2008
6. NEW BUSINESS (CONT.)
B. Airport Economic Development Area
(4) continued...
(6) A variance from the requirement to
provide foundation plantings along the East
foundation wall and placing them instead
along the Eastern edge of the Eastern access
drive.
(7) A variance from the required 72 bushes to
be planted along a portion of the south
building wall. The developer will instead
plant 45 bushes along the long walls to the
east and west of the office area. Full
foundation plantings will continue to be
required along the office foundation walls.
Staff has been working with the business for
several weeks and feel that these requests are
reasonable.
Ranch Harner & Associates, Inc. prepared
the necessary documents on behalf of the
Redevelopment Commission so that they
could be filed by the July 30, 2008 deadline.
Staff is requesting that you authorize the
submission of this application so that it can
be heard by the Board of Zoning Appeals at
its August 20, 2008 meeting.
We will also need to submit a final plat for
this property and staff requests authorization
for Don Inks to sign the replat that Danch
Harner prepares.
Upon a motion by Mr. King, seconded by
Mr. Varner and unanimously carried, the
Commission authorized filing of a Variance
Petition with the Board of Zoning Appeals
for property located in the 900 block of
Oliver Plow Court, and authorization
requested for Ranch, Harner & Associates,
COMMISSION AUTHORIZED FILING OF A
VARIANCE PETITION WITH THE BOARD OF
ZONING APPEALS FOR PROPERTY LOCATED IN
THE 900 BLOCK OF OLIVER PLOW COURT, AND
AUTHORIZATION REQUESTED FOR RANCH,
HARNER & ASSOCIATES, INC. TO REPRESENT
THE COMMISSION AT THE BOARD OF ZONING
APPEALS HEARING, AND AUTHORIZED DON INKS
TO SIGN THE REPEAT
14
South Bend Redevelopment Commission
Regular Meeting -August 1, 2008
6. NEW BUSINESS (CONT.)
B. Airport Economic Development Area
(4) continued...
Inc. to represent the Commission at the
Board of Zoning Appeals hearing, and
authorized Don Inks to sign the replat.
(5) Commission approval requested for
Agreement Regarding Purchase of Real
Estate in the Airport Economic
Development Area.
Mr. Witwer noted that staff is requesting the
Commission to enter into an agreement with
St. Joseph County for acquisition of 2611
and 2615 Linden Avenue. These properties
are the last of the acquisition for the Bosch
project area. The county will first close on a
tax lien and then sell the properties to the
Commission for $10 each.
Upon a motion by Mr. King, seconded by
Mr. Blake and unanimously carried, the
Commission approved the Agreement
Regarding Purchase of Real Estate in the
Airport Economic Development Area.
C. West Washington-Chapin Development Area
There was no business in the West Washington-
Chapin Development Area.
D. South Side Development Area
There was no business in the South Side
Development Area.
COMMISSION APPROVED THE AGREEMENT
REGARDING PURCHASE OF REAL ESTATE IN THE
AIRPORT ECONOMIC DEVELOPMENT AREA
15
South Bend Redevelopment Commission
Regular Meeting -August 1, 2008
6. NEW BUSINESS (CONT.)
E. Northeast Neighborhood Development Area
There was no business in the Northeast
Neighborhood Development Area.
F. Douglas Road Economic Development Area
There was no business in the Douglas Road
Economic Development Area.
G. Ratification of Services Contracts
There were no Service Contracts to be ratified.
H. Other
Mr. Varner noted that there has been much
enthusiasm for the potential of the Tech Park and
MIND research park. Though he hopes the two
parks achieve the success that has been touted, he
wanted to note for the record that there are some
tech parks that have had such hopes unrealized.
He offered two articles, one about a tech park in
DuPage County, Illinois, associated with Northern
Illinois, associated with Argonne National
Laboratories, associated with the University of
Chicago, and with the Fermi National Accelerator
Laboratory. Those are some of the most
prestigious, well-known, well-funded institutions
in America. Yet, this tech park, after three years,
has not taken off. The anticipation was that there
would be $SOOM of development.
The Commission needs to look realistically at the
possibilities. We need to be realistic about a
timeline for the nanotechnology spin-off
development. South Bend should be prepared to
make its investment only when it is needed, not
speculatively.
16
South Bend Redevelopment Commission
Regular Meeting -August 1, 2008
6. NEW BUSINESS (CONT.)
H. Other
(1) continued...
Mr. King referred Mr. Varner to Albany's Web site
where it tells of IBM's investment at One Billion
Dollars, creating 1,000 new jobs. There are those
kind of stories, too.
Mr. Varner agreed. There are lots of good stories,
too. South Bend just needs to be realistic and not
make its investment ahead of developer
investment.
7. PROGRESS REPORTS
There was no report.
8. NEXT COMMISSION MEETING
The next meeting of the Redevelopment Commission is
scheduled for Friday, August 15, 2008 at 10:00 a.m.
9. ADJOURNMENT
There being no further business to come before the
Redevelopment Commission, Mr. King made a motion
that the meeting be adjourned. Mr. Varner seconded the
motion and the meeting was adjourned at 10:31 a.m.
PROGRESS REPORTS
NEXT COMMISSION MEETING
ADJOURNMENT
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