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HomeMy WebLinkAbout6.C.(1) Development Agreementl' ~ ~ ~~ Community & E c o n o m i c ~, ~pUrp BF`6~. ~ ~~~. Development ~~r~~' s-' Ines ,.,a~'. ~~~a~~ 1200 County-City Building, 227 West lefierson, South Bend, Indiana 46601-1830 Phone 574/7.35 9311 Fax 574/235-90?1 To: From: Subject: Date: Redevelopment Commission Jennifer Laurent Michiana Broadcasting Development Agreement Noy°ember 4. ?008 In May of ?008. the Conunissirn~ approved a proposal fi-om Michiana Public Broadcasting (W'NIT) advancing a concept t~~r relocation of their studios from the current facility in Elkhart to the W SB~f building at 300 W Jefferson (across the street). The public benefit of the redevelopment prc~jcct is si~niiicant, as jobs that would otherwise be lost upon WSB~I~~s relocation are replaced. and the specialized building is occupied and upgraded inunediatcly, with an o~-°erall private investment of 53.700.000. The contract presented today outlines the teens by which the Commissions assistance of S 1.000,000 toward funding of consU~uction for the new exterior and public lobby area of the building will be used. The Commission will acquire a portion of the propeirty. creating a parcel of laud encompassing the exterior fa~;adcs along Jetcrson and Laiaycttc as ~a-ell as the corner where the three story atrium lobby will be located. ~'c would work within a professional services contract with the Troyer Group to create astand-alone project budget f~~r consh~uction work for the new exterior and lobby and specifications for public bidding, ~~hich would be overseen by the Board ot~ Public Works as the Commission's agent. Michiana Public Broadcasting agrees to maintain operations for a minimum often years, fu1t711ing a public arts role in the downtown through its progranuuing and cultural resowces. 1 can answer any questions you may have. Your approval is recommended. Document? What We Do Today Makes A Difference! rc n G"1 ~ ts'r~ F d'I i ~' ~ E._,Mi $'1 1^~~ " ~ `~ Pei ~ Gtl ~ J e'. F3 DI?VF;LOPMENT AGREEMENT Bet~~~een the Cite of South Bend Redevelopment Commission and ~1ichiana Public Broadcasting Corporation Tf11S Agreement, dated the day of . ?UO~. is made and entered into bet~~~een the SOf;TH BEND REDEVELOPMENT COMMISSION (the "Commission") and MICHIANA PUBLIC BROADCASTING CORPORA~fION ("WNI~f"), a nonprofit corporation organized and duly existing nndcr the laws of huiiana (the South Bcnd Redevelopment Commission and WNIT being sometimes referred to herein individually as a ~~PBrtV~~ anCl COIICCTIVCI}~ aS the ~~Pal'l1CS~~~. WHEREAS. WNIT is party to an agreement whereby it has rights and expects to acduire the real properly commonly known as X00 W. Jefferson Bled., South Bend, Indiana ~G60 L and all imprmements thereon. described in f-ahibit -~n.. (the "Property"): and WHEREAS. the donation by WNIT to the Commission of a portion of the Property described in 1-:xhibit °B~~ (the "Donated Propertv~~) ~~ill be made for the sole purpose of allowing the Commission to renovate and improve portions of the structure (the "Projcct~~) ~~~hercin public broadcasting medu~ services arc to be delivered. such services being hereinafter detincd; and WHEREAS. WNf"1~ intends to rcnuxicl and up~~rade the Property, an existing commercial broadcast facility, into a state of the art center for public media scn°ing a h~~enty- two (?a) county area. employing the highest and best use of the specialized Property and making a significant private capital investment in order to improve its interior and exterior appearance and fimctiontdity: and ~'1 II~:RI-:AS. W'NI~I's proposed im~estment in redevelopment of the sU~ucturc and relocation of its broadcast opa~ations and associated employment to do~a~nu~wn Sout{~ Bcnd is representative of, and fw-thers the ~~oals of, the South Bcnd Central De~~clopment Area Development Plan. WHEREAS, comprehensive details of programming and direct and indirect benefits WN[T will provide to the Commission and the residents of the City of South Bend is attached hereto and made a part hereof as Exhibit "E~~; and WHEREAS. the Commission considers the Project a benefit to the health and welfare of all oPthe amuinmit~'s residents. and WHEREAS, the Commission has identiiicd a public purpose in both U`NI~I~s physical redevelopment of the buildin~a as ~~~cll as the pro~aramroing and cultural resources ~~~hich ~~~ill be introduced to the Deg clopment Area as a result and V~'I IEREAS. the Commission ~~~ishcs to participate as a development partner with WN[T by undertaking certain renovations which ~~ould not otherwise be privately funded. and in ~;untini 3]01~7~~'_ so doing" the Commission hopes to enh~~nce the viability and ~~ibrancy of the Project. NOW. THEREFORE, the Parties hereby agree and represent as f~~llo~n~s: I. The Recitals arc incorporated into the operative provisions of this Agreement as if ihlly set out herein. 2. WNCf ~~~il] convey lice simple interest in the Donated Property by quitclaim deed to the Commission. WN[T will not ~~arrant title to the Donated Property nor provide title insurance, prop ided, hog-re~~er, that the Commission may refi~ain from accepting title to the Propa-ty if, in its sole discretion. WHIT is unable to convey acceptable title to the Property. 3. A professional architect architectural firm acceptable to the Conunission. will assess the renovation needs of the Donated Property. draft plans and develop cost estimates f~~r the renovation. The renovation plans and cost estimates w-ill be presented by the architect to the Commission and WNIT t<n~ appro~-al. Once approved. [he architect, under contract with the Commission. will work with the City of South Bend Board of Public Works, through an interagency agreement with the Commission, to refiine the bid specifications. puhlicly advertise and bid the Project. and oversee construction activity. ~[~he source of funding t~~r the project is the South [3end Central Development Area Tax Increment financing fund ("1~11~'~). fhc Commissions approved total Project budget is One iVlillion Dollars (51,000.000), subject to appropiiatiou by the Commission ("Project Costs"). Project Costs in excess of this amount may not be expended without further approval by_ the Commission. A preliminary outline of the scope of work on the Project to be conhacted through public bid is attached hereto as Exhibit C. Conceptual plans of the interior and exterior renovation are attached hereto as Exhibit D, with that portion of activity to be undertaken by the Commission so noted. 4. The Donated Property gill be o~rned. operated. and maintained by the Commission during the renovation. All expenses relating to the ownership and operation of the Donated Property, and any adjacent portions of the Property owned by WNIT, including utility charges, shall be apportioned such that WNIT shall be deemed to have been obligated for all expenses relating to the period prior to the date of the decd and the Commission shall bc; obligated for all expenses relating to the Donated Property for the period on or after the date of the deed until subsequently conveyed back to WNIT as provided herein. The Commission agrees to take reasonable steps of security during its period of ox~nership of the Donated Property to secure and protect the Donated Property and improvements and personal property. thereo^ from damages and losses. and to not allow any liens or encumbrances of any kind to attach to the Donated Property. The Commission, also, agrees to work with WNIT to assure that reasonable and mutually accepted liability and casualty insurance protection is in place in relatio^ to the Donated Property and the impro~°emcnts thereon so as to reasonably protect their respective interests. 5. The Project is scheduled to be completed by October I. 3008. Upon completion of the Project by the Commission, the Commission will convey the Donated Property Pa~~c ? of 1 1 to WV~IT. Upon request, the Donated Property also shall be returned to WNI~h should the Project tail to be completed by the Commission ~~~ithin a reasonable time. if w'NI"T fails to substantially complete its renovation plans to the Property ~~~°ithin a reasonable time.. the Commission may reconvey the Property to WHIT and WN[T ~~~ill pay to the Commission all documented expenses incurred t~~r the Donated Propa-ty, less anv expenses reimbursed by the title insurance policy_ if partial rehabilitation is due to anv title defects or nearly discovered encumbrances. WNIT ~~~ill also pay all expenses incui~-ed should the overall building project is not finished so as to be open f<~r scr~ ice within eighteen (I K) months after the recon~~eyancc of the Donated Property by the Commission. 6. WNIT will invest approximately 53.7 million in non-Commission funds to rcno~ate. furnish and equip the Property as a full service media broadcasting center, and shall provide ongoing operational and building maintenance expenses ("Operational Obli~,ations" ur ~~Operatirnls~~). The Commission shall require WNI"h to fulfill Operational Obligations tax a minimum of ten (fU) years from the date of opening. General expectations of WNIT that accompany the Operational Obligations or Operations arc further described on Exhibit E attached heretoVJNIT represents and wm-rants that WNiT ~~ill pay the Commissions actually incun~cd Project expenses, up to One Million Dollars (51.(100.000), prorated on annual basis over the term.. if Operations cease during this term for three (3) consecuti~~e months fix causes fbr which it is responsible or that arc within its control. By ~a~ay of example, should WNI"h cease Operations iu the fifth (5th) year of Operations, its obligation to the Commission shall be Fivc Hundred Thousand Dollars (S500.000). 7. The Operational Obligations specified in paragraph 6 shall run ~~~ith the land and anv mortga~~c obligation of W'~ I"h shall be subordinate to the Operational Obligations. H. This Agreement shall be binding upon the parties hereto and their respecti~ e successors and assigns. 9. The Parties agree to take such actions, including the execution and delivery of documents and instruments, as may be necessan or appropriate to carry out the terms and intent of this Agreement and to aid and assist each other in carrying out the tams and intent. ] 0. No recourse under or upon any obligation, co~~enant, or agreement of this Agreement or for any claim based thereon or othen~~~ise in respect thereof shall be had against the appointed or elected public officials of the City or the Commission or their respecti~°e officers, agents, and employees, in any amount subject to the terms and conditions herein. and no liability, ri~~ht or claim at lu~~~ or in equity shall attach to or shall be incm~red by the public officials of the City. the Commission or their respecti~~e officers, agents, and employees and all such claims arc hereby expressly ~tiaiecd and released as a condition of and as a consideration tier the execution of this A~~reement by the Commission. pro~~ided such elected officials, officers, agents, and employees arc acting pursuant to lawful authority and arc uniformly entbrcing andlor administain~z the lags. ordinances. practices and procedures of the City and the Commission. 1\o recow~se under or upon any obligation aivenant or agreement of this Agreement or fin- anv claim based thereon or other«~ise in respect thereon shall he had against the ofticers_ agents, employees, or shareholders of WN[T in any amount subject to the terms and conditions herein. Pa~~e . of I I 1 1 . if any portion of this ngreemenL or its application to any person. entity, or property, is held im~alid or uncnft~rceable. the application or validity of any other portion of this A~~rccment shall not be affected. 1?. The Parties shall each bear their o~~~n costs and expenses ~ti~ith respect to this Agreement and the other matters contemplated hereby, including, ~~ithout limitation, the fees and expenses of their respective legal counsel. I ~. This Agreement shall be construed in accordance ~~'ith the la~~~s of the State of Indiana. I d. This Agreement may be executed in more than one counterpart ~~°hich. ~a~hen cxccutcd. shall to~~ether constitute one a~~reement. IN WI"CHESS WHEREOF, the Parties have duly cxccutcd this Agreement as of the date first above ~~~ritten. Michiana Public Broadcasting Corporation South Bend Raicvelopment C'onunission Bv: By: lts: Its: AT"hES I : ATTEST: By: By: _ Its: Its: Gihncc AvAIl >h RcihA{'y ll4.Juc 10 I F UX Nage -} of I I E~H161T A Propc~•t}~ [LEGAL DESCRIPTION TO BF_. PROVIDED] Pane ~ of I I EXHIBIT B Donated Propert~~ ~TROYER TO PROVIDE THE DESCRIPTION OF THE DONATED PROPERTY Pa~c 6 of I I ExHiBrr c Scopc of «'ork [TROYER TO PROVIDE DETAIL AS TO ~~HAT ITEMS WILI. BG PUBLICLY BID BY I~}iE CI"I~Y] Pam 7 of 1 1 EXHIBIT D Conceptual Plan [TROYER ~~iILL PROVIDE THG COV'CEPTUAL PLA1~~S FOR THE IMPROVEMENT OF THG PROJECT TO BE PAID FOR 6Y TIDE CITY AS WELL AS THE REMAINING PORTIONS OF THE PROJECT] Pa<~e .4 0(~ I 1 Ex~~it~iT~ r Operational Obligations In cxchan~~e f~~r the considerati~~n pro~idcd under the Agreement by Commission. WHIT expects to pru~~ide the ~~~Ilo~~in~~ sen~ices and bcnefiits in the t~~llow~ing categories: • Economic Dc~~clopmcut o At Icast S2.5 million for consll~uction payroll and building materials. o At least S l ? million for turnishings. technolo~~v and miscellaneous expenses. o Employ approaimatcly d0. and al Icast 30, WHIT staff with annual ptryroll and benefits starting at S I? million. o Expend am~ual expa~ditures siarting at 51.5 million. o Increase in payroll taxes paid to the city. o Rehabilitate do~wntow~n property that would othen~~ise likely retrain ~°acnnt. o Act as a technology huh operating in the public interest for broadcast, using fiber such as the YletroNct and l-Li~~ht 2. micro~~ave and othu~ wireless technology. o Produce and broadcast programs that bring important discussions about regional economic dcvdopment to the public. • Arts and Cultural 0 The station ~~~ill become a hub for the region, attracting arts and cultural events and activities to the do~~~ntown area. Connectivity between arts and cultural venues in the City ~~rill be enhanced through the technology assets owned by the station. o The station ~~-ill promote do~anto~~~n arts activities, and help to create audiences for performances at the ,ti9orris Performing Arts Center. South Bend Chic Theater. Broad~~~ay Theater League. ArtBeat and exhibits at the Center for History, Studebaker Museum among others. o WNI~I~ prop-ides training for students interested in artistic expression throur~h the media arts. PaLC ~> of I 1 • Education o W1~I~I~ works ~~ith the South Bend School Corporation in early childhood education, utilizing the educational value of our preschool programs to help with media literacy. o ~hhc station will conduct a studio and field production training program that is organized into five (5) semesters of study through Ivy Tech. The training ~~-ill also be available to other- area college and high school students through internships. o Faculty members of the Uni~~crsity of NOlre Uame. Saint Mare's Colle~~e. and Luliana University of South Bend will be regularly featured on ~'NI~I ~s local programs. The location in do~~~nto~~~n South 6cnd will increase the opportunity for local faculty to showcase their knrne~ledgc through local. regional and national pro~~ranu»ing. o The programming broadcast on ~ Nfl~~s multiple channels ~~~ill be rooted in educational values, providing opportunities for lifelong ]earning to all ow- vic~~~ers in a ~~ariety of subjects. o Partnerships with the Workforce Development programs in South Bend will provide an illustration of the types of jobs mailable i^ the region, and contribute to ~~orktbrce development strategies ofthe City. • Public FaciliYics o The new WNI"C Center t~,r Public Media ~~aill become a community asset. connected to the y~cu~oNct and a l:cv component ot~ the areas telecommunications infrastructure. o Through di~~ital datacasting technology, communication and training to area first responders can be developed that will bridge the gaps and provide critical backup to current conunwlication path~~~ays. Expanded discussions with Region ? anergency management personnel will take place. o The programs broadcast on WNIT will help to promote health awareness and the impact of lifestyle on health needs: partnerships ~a~ith area health providers ~~~ill help vie~scrs identify resources available in the community to address their needs. o Subject to WNIT being provided or obtaining the necessary equipment, WNIT ~~~ill offer opportunities for the government of the City of South Bend to conduct tclemeetings all over the state and country at a preferred rate, based on availability, so as to minimize travel needs to hldianapolis and other va~ues. Paac 10 0l I I • Community building o The lurlrain~ (~hcumc~l, currently in development and expected t~~r broadcast in ,lanuary 2009, ~~°ill. pending legislative approval, feature live co~~crage of sessions from the Indiana Statehouse, gi~~ing urea residents an opportunity to witness public policy discussions. This coverage will be supplemented by programming fii~om our community and made available statc~~~idc. o Wl~'IT has provided video co~~erage of the City Council meetings for distribution on cable. and has begun a discussion with City officials t~~r a long-term relationship in PEG channel management and community programming. o l~hc stations pro~~ranuning interests include convcnin~~ community stakeholders around specitic community topics in broadcast town meetings, creatin<~ public a~~areness of the communitr~s challenges and inviting participation by the community in their resolution. o WNIT will provide meeting space to individuals and entities throughout the community as available. and consistent with its practices and policies adopted from time to time. Pa_c I 1 01 I I