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Home My WebLink About2. MinutesSOUTH BEND REDEVELOPMENT COI~'IMISSION REGULAR MEETING ?~~u~~cmbcr 7. ?OU~~ I O:00 a.m. ??7 ~~/est Jeft~erson Boulevard Presiding: 'Murcia I. JOnI'S, President South Bend. Indiana 1. ROLL CALL Members PI'eSCnt Ms. Marcia Jones. President Mr. Greg Downes. Vice President Ms.'~anc~~ lain<~- Sccretur~~ Mr. Hardie Blake, Jr. Dr. David Varner ~,lanbers Absent: Ms. Ann Rosen Legal Counsel: Mr. Charles S. Lcone_ Esy. 'vfr. La~urcncc Mctci~~cr. Esq. Rede~clopment Stuff: Vlr. Don Inks. Director Mrs. Cheryl Phipps. Recording Secretary Mr. Robert Vlathia. Economic Dc~clopment Specialist Ms..lcnnifer E8U1"Cnt Economic Development Specialist Mr.'V~icholas Wil~~~cr. Economic Development Specialist Ms. Debrah Jennings. Propu~ty Manager Others Present '~9r Ms Ms Vlr ~1r ~~1 s Ms l om Pricc_ '~1a~or~s Oi'licc Elizabeth Leonard. t financial R Program Mana~~emcnt Jamie Loo. South Bend ~Cribunc Marty Wolfson. Cunununity Forum tin Economic Dc~ Randy Rompola. Baker R Daniels ,~amll' Ruiz, C~B Richard Ellis ~lnnclicsc Woolti~rd. CB Richard Ellis 2. APNRO~';1L OF X11\l "1'ES A. Appro~~al of Minutes of the Regular ~leetin; of Frida~~. October 17, 2008. l~pon a motion by Ms. I{ing. seconded by Mr, c~~~nussu>~ ~~>ri.o~iu nit A~n~ n sor iur Blake and unaninuxisly carried. the Commission Rent i viz ~1erii~~,~n I'izu~~r.Ocr~>i3eiz ~7. appro. a1 the y~linutes of the Regular Meeting of ~0°'~ I~ridav, October 17, ?OOS. South Bend Rcde~elopment Commission Rc~~ular Mcctin~~ -No~~cmbcr 7. ?008 3. APPRO~~AL OF CLAIMS Rede~elohmcnt Commission Claims submitted No~cmber 7. ?008 for approval. A1cridian l itle Corporation 3-1.~45~.97 Ve'irc l~ransicr Due 10? 1 X08 ~: ~0 NM 1113 ford St.Purchasc Nlcridian l~itle Corporation 669.36 I 1 13 Ford St. Purchase South Bcnd ~y'atcr ~~~ork, 17U.0S 1000 Fclloa~s St Sprinkler Inch flea h~1Chl°811 POl1'CI~ ~-~~.-I~ -I~~) S ~~'I~~IEl lllti ~'I r'lld l8n I IL~r C(~I"p0 r8Up17 9,9~]I).-1I ~ IIti I ranSICC DUC I~)~~~=I.~~I~)~ 9~.I)~) :~~'~{ ~)I I h1aiictha property Acquisition Cfil: I~.xca~~atin~~ Inc. 136504.(1-1 Slidcbakcr Corridor Area ,l South site ~~'idr Clrerln~~ (ICnIO~IUOn c~ ~!r8dlm~ V'[a~idian Title Ciu-poration 69,479.8T ~l'ire "hransfu~ Purchase of 16'4 Maple~~ood Doc 10 ~q~00S I :30 P'~i Park Deparuucnt ?,907. i0 Seasonal Property ;~9aint. R.I{. ~~1eCloskev ~L .nss<~ciatcs. Inc. 3500.00 Graf Property NLC Franklin d I3road~~'a} 1Z. F. McCloskey ~ ~lssociatcs. Inc. ' ~OO.UO Uzclac Pmpertr at l~ranklin, Stull. Laf~~yette R.E. Pitts ~ Associates. Inc. 9,900.00 .lppraisal Scr~~iccs 100. IUI ~ ~ 1311-1319 Lafayette Bled ~ IUU4 Franklin R.L. Pitt, << Assc~ciatcs, Inc d59U.00 appraisal Seryiccs SF earner Franklin StShill S~~ corner Lafayette Bled << 13?0 l~ranklin Ralph D. Lau~cr 5 SOO.UO lppraisal Seryicr Liolo~~~ski Properties D'Va 1?.=190.00 Sur~r~~ Field C'rc.~utocnd l~echnician~Principal of Company-PlanncrCopirs of documents \~~i~uhtman Petrie 1,900.00 Phase I LSa Liolko~eski Construction 1311-1319 S Lai~ivette I31~d \h'ighUnan Petrie _'.100.00 Phase 1 I:Sa Urclac properties ~~~ i~uh[man Petrie x_300.00 Pha,c I F:Sa Ziolk~~r~~ski Cun,uuction 1000 Block Lafayalc Bbd K Franklin St Barnes ~ Thornburg 90.00 vanotcchnology Seminar on 7i09r08 ~~'ighunan Petrie 1.~i00.00 Phase [ I:Sa Gras=Site proprrtir, S13D Rcpro~~raphics ?~-1.-15 Binding -Prints ~~r(ln ndbl~Calil n'~ ClCn1 rel8llnff l0 ImIOA'£lllOn ~ l~hc Blur \k'aters Group 600.00 parkSampir St Smith Bend l~ribune X556 Bcndix Family Physicians Ol~lice l~ri County Nc~~s 63.51 Bcndix Family Physicians Oificr 7PU-a Architecture 31 ?9354 Plannimr consuhants f~~r LaSalle Sy :1bOt111lilPC hC 3110.00 BGId LA Dr IZC~IBbl~llall(ln h481n c~ SemplC Sl I raII1C Sl~~na~ ~ OndUll Benrrotl I~.~eCtrlC InC I6.I)~t).?~ Rl'8h L'llmrnl DL/ ?.ati0.00 S Bend Olisr Pme ~~' I R ~ Sa'y S~- Baneroll I.Icciric Inc ~6.303.7~ Prairie Arc Si~snal Conduit South Bend Ralc~ elohmcnt Commission Rc~~ular Mcctin~z '~o~cmbcr 7. ?OOK 3. APPKO~ Al. OF CLAI~1S (CONT.) 1~U FUND f[I~ DIS~hRIC"I-S13CD.AGI~:N1?R.-1L Pv~k Dcparunen~ 414.00 ~1cridian ~I itlc Corporation 1 ~7,575.-l9 Marv Coy {ic Investment,. Inc. ~,000.OU R fi IZ I(.~ca~atim~ 1-~?.O~?.06 Ro;c Pesl Solution, 93.00 V'I' ~ ~I~ X7.10 Seasonal Property Maint. U'ire ~l'ran;fer Due 10 ~ 1 'OS 3:00 PNl ~lcyuisition 01416 \~'cslcrn ~1~c Purchase fnr 1 1 S N ~1ain St. Special Check Rcqucsl Demolition of li~rmer Gates Che~'rolet I3uildinc Pc,( Cunlr<~I LflSallc I lulcl Sccurit~~ phone LaSalle I Iotcl Park Ucparunenl 13jSU Indiana N9ichiana Po~ccr S.UO -13(1 I'UND SOU~II I S[DI~: DI~:VI~:LOI'Nll~:'~~"I Seasonal Propcrt}~ Maint. ~?0 ~~' \~'as'nc St. Pmk Deparunuu 1-1.0(1 Seasonal Property Maint. S 7-1-1.19;.,, ~;pon a nuriion hv_ Mr. Do~rncs. seconded by Mr. Varner co~n~ussu~~ -~i~rro~i-:o nn Ci nr~is and unanimously carried. the Commission approved the ~ru~ii i i ru No. i ~niea ~. ~oox. ,~si><~izuirzrn iiii cin c ~:~~ ro ni icri_r,~sri> Claims submitted ~o~cmber 7. ?OOS, and ordered checks to be released. 4. C0~1J~1LNICA7'IONS Thcrc were no Communications. 5. OLD [3~!SI\ESS Thcrc was no Old Business. 6. ~'E~~ BUSI~~ESS A. ~hax Abatement (I) Resolution tio. ?523 approx~in~ an application for real properh~ tax deductio^ for propert~~ located at 33(15 Lathrop Dri~~e in the .airport Economic Dc~~clopment Area. (Gate~~a~~ Plaza Rcal Estate) li uizr ~a~rizr sc~ Crnnii ~u:~ i uws 1111.Rr. AA AC VU OLI) 131 S1Af SS South Bend Rcdc~~elopmcnt (commission Rc~~u~ar Mcctin~! Noya»bcr 7. ?OUP 6. 1'E~J~ E3liS1~~GSS (CON"h.) :1. Tas Abatement (I) continued... 'Vfr. Mathis noted that Gateway Plaza, at the north~~cst ern ncr of Lathrop and Bcndix. proposes to construct a cumbinatio^ ~~~urchousc~llcx building of approximately ? l.K 19 sc~uarc feet. I~hc building gill consist of scy cn units of approximately -}, ~?C) squ<u~c feet each. The building ~~~~ill be Phase IV of the adjacent Gateway Plaza and ~yill be of similar construction. Tenants in the building arc likely to be primarily ~yarchousc users. but ~yith some need for front-office space or shoe-roam areas. All suites will ha~•c ~~rade- lcycl ~~~ crhead door access. ~~~ith at least tour slated for dock access as ~~ ell. The buildin<~ site coycrs approximately 1 .9~ acres. The estimated cost of Phase IV construction is 5 I .-50.1 K0. The project itself is not expected to create additional employment ~yithin the tirst year. but ~yill enable a tenant, Vlcmorial Health Systems, to mop c and ha~~c mom to ~ro~y. Mcmo~ial ~yil1 maintain fUUI"tCCn cxistin~~ permanent full-time jobs ~yith an annual payroll of S5>5.9?4. includin~~ one caistin~.: permanent full-time minority employee ~yith an annual payroll of 5170,000. The total possible ~~ains in cmplm~ment resultin~~ fmm construction of the buildinL will depend on the kind of businesses that locate in it and cannot be estimated at this time; thcrctorc_ the pctitionu has not presented am°. As a result. nu points ~yere a~~°ardcd fur job creation in the Public Benefit Points Summary. 4 South Bend Rcdc~~clopmcnt Commission Rcs!ular Mcctin2-Nu~cmbcr 7. ?008 6. N[?~'1~ BI~SI'VESS (CON~h.) A. Tas Abatement (I) continued... ~hhc petitioner has not rccci~cd any prc~ ious utx abatements. ~l~hc properly is ~oncd tur the proposed project. The property is located in the Airport Economic Dc~clo~~mcnt Arco. VA~ll Ch 1S a lax 1nC1'Cm l'nt a~~OCQUOn arCa; [herefin~c, the petition for real property tux abatement must first he appro~~ai by the South Bend Rede~~elopment Commission. Mr. Mathia noted that the project does not qualify frn tax abatement under the tax abutcmcnt ordinance, but has requested a special exception from the Common Council. When the tax abatement ordinance ~~~as last redone, they updated the reference to the 'north American Industry Classification (?x~AIC) System ~~~hich defines the kind of ~rarchouscs ~~~hich yualiiy. Ho~~~c~°cr, thev updated the rc{crence_ but didn~t update the list of types ofi warehouses. The reference rcicrs to <aroups 4? I. 4??, and d9; in the Ix~AIC S_vstcm. In the ~°crsion ?UU?, rcicrrcd to in the ordinance, aroups 4? I and ~}?? arc no lon~~er thine. The actin°itics described under those groups arc included in a couple of other groups. The attorney t<~r the Common Council suggestai requesting a Special Exception and that correctin~a the ordinuncclatcr. Mr. Mathia noted that, if appro~~ed. the total tales to be abated during the three years of ahutcmcnt arc estimated at 579? I~. The total taxes to be paid durin~a that three year period arc estimated to be 556.076. South [3cnd Rcdcyclopmcnt Commission Regular Mcctin~u -!~~o~etnbu 7, ?008 6. NG~~' BUSINESS (CONT.) A. Tai ~batemcnT (I) continued... 'Vls. Jones conuncntcd that 'Vlcnun ial has been a sup~~orter of the ~~'est side ~yith the health clinic it is startin~~ across from LaSalle Square. Ms. Ruiz said they do ex~~cct the ne~y buildin~~ to be fully teased quickly. because of its locution near the air~xn-t and the fact that CB Richard Ellis has had some recent inyuirics on this ty~~c of s~r~cc. U~xm a motion by Mr. Downes. sccondal b_v 1~s. King and unanimously carried. the Commission a~~~~roycd Resolution No. ?~?; a~~~~ro~ ing un a~~~~lication 1~ir real pro~~ert}~~ tas deduction [or ~~ropa-ty located at 3305 Lathro~~ Dri~c in the Air~x~rt Economic Dcyclo~~ment Area. (Gate~yav Plaza Real Estate) B. Housing (1) Loan and Cram ui conucction ~sith the South Bend Home Impro~•emcnt Program for propert~~ located at 909 Blaine a~~enue. (Cha-•Ies and Esther Jane Wilson) Mr. [nks noted that the loon is 56.700: the ~~runt is 56.567. ~;~xm a nu~tion by Mr. Dow~ncs, sccondcd by :~1s. Kin~u and unanimously can~icd, the Commission a~~proycd the Loan and Grant in connection ~yith die South [3end Home lm~~roycmcn[ Pri~gram tar ~~roperty located at 909 Blaine ,aycnuc. (Charles and Esther Jane ~~~ilson) C<~~tyiissu~~~ ,~i~rRO~ en Krsou~i ion Vo. ~~,~ ~i~i~R~~yix;„~~ ni~i~i_ic~ru>~ r~xt ae-~t PRUPI Rll l AA DF.DI ( I IOC FOR PROPI72I 1 IS)C,V LU;AI 3iUi ~_,~I IIItUP l)RIA~I_ IA THI? AiaROa r I iu~o~iic Dryri r~i>~-mgr .~1RGv. (G:crt ~~ ,~~ Ni ~vn Ki v_ t ti rn i ~'1 Co~i~utisu~~,~i~i~R~>~~r[~ iiir Long n~i>Giza~i I~ < t)AAI-C I I~)A UI I I I I I Ir ~SOI l II 131-AU I IUnn I~~n~i~iyrvi~ i 1'RU(iR-~~i r~nz i~ROreiz n I (~C:All'U A 1909 [31.:~1AI-.1 V'1'Sll-:. (CI LIRLL`s ~~~~ Is_i uFiz I,~,~~ 1\liso~) 6 South Bcnd Rcdc~clopmcnt Commission Rceular !~~1cctin~~ - ~~ocember 7. ?U08 6. NE\\ BUSINESS (CO\"C.) G South Bcnd Central Development area (I) Development Agreement with n1ichiana Public Broadcasting Corporation. (~~'NIT) Mr. inks asked that Item 6.C.(1) be tabled. Staff has a little more ~~~ork to be done on the contract ~~ith W'~~IT. (2) Proposal for professional services. (Arehitechu•al and Engineering, ~~'Nl"I') Vlr. Inks asked that Item 6.C(?) be tabled. (3) Resolution No. 2522 approving and accepting a counter offer for the acquisition of propcrh° in the SBCDA (C~fS, A1~a~~nc and ~~'illiam) Mr. Mathia noted that the Commission appro~~ed Resolution '~'u. ?x}51 establishing +ts offering price for the GMS property at 577.000. GMS Realty has submitted a counter offer in the amowlt of S8~.000. Staff liclic~~cs the auu~ter offer is reasonable. and the property is needed for the Co~~clcski Park plamiin~~ ettort. Staff recommends approval. Ms. Jones asked staff for an update at a fuhire mectin~e on the budget for Co~~clcski Park acyuisition. Upon a motion by Ms. Kin~~. ,ccondcd by Mr. Do~a~ncs and unanimously carried. the Commission appro~~cd Resolution No. ~~~~ appru~ing and accepting a counter otter for the acquisition of propcrt~ in the SBCDA IGy1S. ~~~a~~nc and \y'illiam) I i r~i h.C.l I) ~~'-~s i ~ni ri> C~~>~i~nssio~ ~~t~i~ito~toKrxn~iu~tiNo.'s„ v~i~iz~~~i.c~ n~i~ ~ccr i> n~c n coi ~-i riz orrr z rota nii u~xi~ino~or~izorrrzn n rnr S13CD.~ ((i~1S. ~\ v1 yI[ -vyD A'~'ll l_I ~V 1 7 South Bcnd Rcdc~~clopmcnt Commission Rc~~ular Mcctin~~ No~unhcr 7. ?OOR 6. NE~1~ BUSIISESS (CO'~T.) C. South bend Central De~~elopment Area (4) Proposal for sur~~ey scr~~ices in the South Bcud Ccutral Dc~°clopmeut Arco. (118 S. ~~'illiam) Mr. Mathia Holed that The Manor at 1 18 S. William is currently ~~acant and t~ir sale. Stan is concerned lest the propcriy Pall into the wron~~ hands. W'c ~~ould like to proceed to~a~ard acquisition ~~~hilc the property is for sale. We need to get a sur~~ev, appraisals and an ens ironmental assessment. Mr. Varner asked if stall has c~~u looked at the loss in taxes as it acquires these properties, as part of the total acquisition cost. Mr. Mathia responded Thai staff does uil:c that into consideration. In this case. both S~1~cct Hone Baptist Church and The Manor. o~~~ned by Madison Cutter, arc tai cscmpt. Staff ~~~as not able to tied the tapes t~~r ~?>-~?9 S. Main_ but the assessed ~aluc is SI?7.000. Mr. Inks said the ta~cs on that ~rould then be about S4.00(1 pu~ _ycur. l~pon a motion by Mr. Do~~nes, seconded b_v Mr. Varner and unanimously curried. the Commission approycd the request ibr proposal 1br suncy su-~iccs in the S~~uth Bcnd Ccnt~-al Dcyclopment Arch and accepted the ~n~oposal ti~om W'ightman Petrie in a not to cscced anu~unt of S ~.19~. (I I K S. William) (S) Proposal for en~~+roumentai assessment iu the Soutl- Bend Central Deg°elopment Area. (118 S. ~i~illiam Strcct) C~~~nnssio~ aPi>izo~er~ rnr izf_~xi si roiz rrzoPOS ~L r~~a s- R~ -~~ s- R~~ices is~ n u Soy n i 131'VD CI'SIRAI I)I`~I-LOPA11'NT /1RL-:,~ ,A'~D ~c< i_i> i i_[> _ri ie Pii~~P~~s,v_ nzo~~ A~~ iei rni.a~ Pi-iieiLi~-~~oi ici[.ycei~~~nx~i~tor~,3.I9~. (I I ti S. A'~~ii_u-rrt 1 5 South C3cnd Redc~clopment Commission Rc<~ular McctinL -No~cmbcr 7, ?O08 6. NE~~' BUSINESS (CON"f.) G South Bend CcuYral De.°clopnunt Area (5) continued... Upon a motion by Mr. Downes. seconded by Mr. Varner and unanimously carnal, the Commission appro~~cd the request for proposal and accepted the proposal from ~~'i~~htman Petrie in an amount not to exceed S 1 ?,095. (6) Proposals for appraisal scr~~iccs in Yhc South Bend Central De~~elopment .Area. (118 S. ~~'illiaro, 325-329 S. Main, ~lll S. "Ta~~lor) Upou a motion by Vlr. Dou nes. seconded by Mr. Varner and unanimously carried. the Commission appro~cd the reyucst for proposals and accepted the proposal from R.C. Pitts for 3?5 S. ~,1ain in the amount of S?,950. Ralph Lau~cr for I I K S. ~~%illiam and dl U S. fa~~lor in the amount ofG.500, and Jerome Michaels for all three properties for a cost ofS9.300. (7) Staff report on 1 18 N. Hain Street in the South Bcnd Central Dc~~clopment Area. (J11S parkin) Ms. Laurent noted that on June 1 ~ the Commission appro~~cd un option contract to purchase the property at I I ~ N. Main St.. the surface parkin~~ lot adjacent to the I(\qS ottice building. Subscqucntl~~, the propcrt~° «~a5 publicly ottcred for disposition b} the Commission on Au<~ust 1. Resolution '~'o. ?-1-1(1 set the disposition price at S?OU_OUO. the same price at ~~~hich the Commission ~~uuld acquire the propern~ from Co~i~iissu>~ nri~ro~~roun rrp~rsi roil i~a~x~~~s-~r a~~o ~c <~ei>rr~~ rnr: i>iz~~i~us v- riz~~ri i .~<i_i u ~ I'_-09~ ~ o~nussum ~Ni~ucn ~ u me x~-c~~ es i r~~iz riz~~r~~s~is ~xu,~ccri>reurin_i~aoi>~>s~~i riz~~~i R.L. Pi i rs role ;~~ ti. ~9.-pis ix rni n~~i<x> ror S~.9u1. R-~rrii L-~~~ ire ro« I I ~ S. ~§~ii_i_i ~1~ :1AD-~10 S. I rAllS)It IA l I IG:U101 '~'T UP f,.500. VAp Ir.RU~i I- 111( I I:AII.S rUR -AI_I_ I nRCP PROPI la IP.S FOH .A COST U1- $9,11111 9 South Bond Rcdc~clopment Commission Rc~~ular Mcctinr~ -'~'o~cmbcr 7. ?O08 6. NE~'1' BUSINESS (CONT.) C. South Bcud Central Dc~•clopment Arcs (7) cuutinucd... the ctu-rent owner. John Coyne. An otter has been rccci~~ed by John Frcidlinc. the o~~~ner of the JMS building to purchase the property for 5?OU,000. Mr. Frcidlinc intends to invest in the rcde~~clopment of his building ~~ith an adapti~c residential reuse project. an<I requires parking to support this de~~clopment. Staff requests appro~~al of the otter and direction to ~~'ork ~~-ith legal counsel to bring tor~~~ard a contract t~ir sale of land ut the ~~o~~embcr?1 Commission mcctin~. Vlr. Do~~~nes asked «~h~tt ~~~cxild happen if Nlr. I`rcidline didn't develop his project. 11s. Laurent responded that the bid spccitications ~acrc intentionally w~rittcn broadl~~ for redc~~clopment and rein~cstment in the JMS building. "I~hcy did not rcyuirc de~rlopma~t to be a residcntial project. He is eery anxious and has his plans in place. including to make impro~cmcnts to the parking lot. Since ~~~c arc selling the property: her ~n hat we paid for it. ~~ c do not need to be as strin~~cnt about deli~crables. In any case. the parking lot is a ~~ood addition to that buildinr*. Vlr. Frcidlinc has secured tinaucin~~ i~,r the h~~~'.Icct. He intends to mo~c his ofticc tenants around in the building in order to be able to model a portion to residcntial condos at this time. He is a little unsure ho~~ quickly he will be able to con~crt the builclina to residcntial condos, considering the current huusin~~ market. Stattundcastands that and is ~~~illing to he patient. since ~~'c arc not South Bend Rale~elopment Commission Rc~ular Mcctin2 No~cmbcr 7. ?OOS 6. Vl?~0" BI:S['VESS (C01'T.) C. South E3end Central Dc~~clopmcut Arcs (7) continued... subsidizing the prc~jcct at all. Mr. Lconc noted that the contract tier sale could he ~~rittu- in such a ~~av that it dclavs clusin~~ based un mcctin~u cartain hcnchmarla, ~shate~ cr the Conunissi~~n feels appropriate. Mr. Do~rncs said his crn~ccrn is that acquisition of the parking lot enhances the ~<due of the JIy1S buildin~~. 11 he docsn~[ mo~c ahead ~~~ith the project. ~~~c ha~~c used public numcv to impro~c his position. He could sell the building and I~~t ^t a protit. ~~Ir. Varner said that he ~~~ould be concerned that the buildin~~ and lot could be more valuable in a use the Commission would not ha~c ~eantcd to be party to. He also ~~undercd if the city mi~aht eventually scant that lot Ibr expansion of its parking garage. yds. Laurent resp<,ndcd that ~~c asked our cn~~inca-ing department to e~~uluate whether the garage could be cspandcd onto that lot. The eculualion indicated it could not. Ms. Laurent noted that this parking lot is a profiit centa~ i~~r lahn Coyne. o~~~ncr of the parking lot. I Ic wasn~t particularlc interested in selling the lot. but he is also a supporter ui do~cntu~cn South Bcnd. I Ic didn~t scant to stand in the wa~~ of dccelopmcnt that the Conunission sa~r as important. "fhc S?OO,f)00 is well abucc the appraised price. It ~~ as the price that y~1r. Coyne ~cas ~~~illing to sell at. South Bend Ralcyclopmcnt Commission Regular Mccting l~~oycmbcr 7. 200 6. NL~~' BCSINGSS (('ONT.) C. South Bend Central De~~clopment Arcs (7) continued... 1~s. Larucnt said that she has had no indication that Mr. Frcidlinc is stalling ~m the project. Quilc the opposite, he is anxious hi nunc ahead. The delay in closing that ryas suggested might be a problem. ~w'e arc tryin~~ to get this pr~~pcrty into his hands. Ms. King asked if the Conunission ~~~ould hayc a buyback clause in the event the project did not nu~~r fbr~yard. !Vls. Laurent responded that staff 1~cls, in any use oi~the buildin~~. it is a natural fit for the parkin~~ lot to belong to the a~yner of the .IMS building. Upon a motion by Mr. Do~yncs, seconded by Mr. Varner and unanimously carried. the Commission approved the sale of 118 V'. Main to John Frcidlinc at 5200,000 and instructed staff to prepare a contract tier sale of land. (8) Resolution No. 2525 approving of the execution of an Addendum to the Second Addendum to Lease beh~~cen the South Bend Rcdc~~elopmcut Commission for the Centur}~ Center Project and establishing certain foods and accounts rclatiu;; to the pa}~ment of the rentals therefore. Mr. lnhs noted that the C~enturv Centu~ bonds tinally sold last ~ycek. so those improvements can finally nun~c t~~r~yard. .As a consa~ucncc of that sale. w~c nosy knu~y ~yhat the actual laisc pa}~ments ~yill bc, so ~yc need to amend the Icase payment schedule that ryas estimated in the Lease. The original Cont~u~su~~ ~rn~oyro riu s,arr~~r 118 N. l~'1 41AlY) IUIIV 1-R17DI_I'~'I -AT x'_(10.000 -LSD i~sru< < i i-u si nrr ro rrii~nizr n ~'o~ nz ~c i r~~iz s Sri ur i ,~~u 12 South Bend Rcdc~~clopmcnt Comtnissicm Regular Vlcctin<~ -No~cmhcr 7. ?U0~ 6. '.VEP1' BUSINESS (CO'S`T.) C. South Bcnd Central De~~clopment Arca (K) continued... schedule indicated semi-annual Ieasc payments in the amount of 5 ~OU.000. The actual payment ~~~ill be ~ 19R.~00, on October 1 ~. ?0O9. The Hotel'Vlotel Tax L3oard has pledged 5600,000 to support this hand issue. so there is good ancra~c on it. 'Vlr. Varner asked if the S 19~ 50U is a constant throughout the litc ufthc bond. or does it ~~arv from payment to pavmcnt. Mr. Inks responded that it dacs Marv. but not by as much as is sometimes the case. Mr. inks re~~ic~~ed the list of items to be completed with bond funds: skylight stabilisation, rq~lacing boilers, temporary repairs to Island Park. replacing chillers. replacing the tiro alarm system. security svstan, and reno~,ation of some restroums. If funds arc available after completing those repairs. a larger reno~~ation of Island Park. renovation of C Hull. and replacing some roofs could also be done. Vlr. Varner ~eantcd it noted for the record that the Sculpture Garden is to be funded from csress proceeds from prc~ious bonds. as opposed to bcin~~ fu~~ded from TIF or from this bond issue. Mr. Rompula noted th~it the bond rate ~~as a little higher than we anticipatai sc~cral months ago. ~hhe economic crisis af~iccted this bond sale because all the bond insurers «cnt a~~~av. and the rating a~~cncics ~~crc difficult to ~~~ork ~~~ith. ly'c had to ~~~ait for the 1, South Bcnd Rcdc~~elopma~[ Commission Rc~~ular Mectin~~ -Noycmbcr 7. ?OO~i C. South Bend Central Des~elopnuut :area (K) continued... market to come back a little. but then the rate Baas J.6°'o. Ms. Junes credited bond counsel ~~ ith ~~cttin~~ this bond sold before the 90-day time limit that ~~~ould ha~~c necessitated startin~~ the process o~cr. Upon a motion by Mr. Downes. seconded bv_ Ms. Kinr~ and unanimously carried, the Commission appro~~cd Resolution No. ?5?J appro~~ing of the e~ecutiun of an Addendum to the Second Addendum to Lease bet~~~ecn the South Bcnd Rcdcvclopmcnt Commission for the Century Center project and cstahlishint~ certain funds and accounts rclatin~ to the payment o1 the rentals thcref ore. D. .airport Economic De~~clopment Arcs (1) Resolution No. 2520 related to acquisition of propert~~ in die Airport Economic Dc~°clopnunt ~~rca. (1320 Franklin) Mr. Ay'it~~er noted that I ~?0 Franklin is required for the Trnnspo site. Resolution No. ?~2U sets the offering price at S?G.000. the a~~aa~ac of~t~~u independent appraisals. The property owners arc Jerry and Diane Graf. Lpun a motion by Mr. Blake, seconded by Mr. Do~~nes and unanimously carried. the Commission ~ippn~ycd Rc~ulutiun No. ?5?0 related to acquisition of properly in the Co~nnssiu~ -~i~r~zo~roRi_sr~Lllio~ Nu.?5'_~ ~~i~izo~ iu; ur i in r zrc~ iio~ ~ir,~N~ _1DD1-ADl'V1lY) IIII'SFCOVD.~n> UUf-N Dl11 TU LI_:151. I31_rA1E1 A rnF SOl 111 U~-A~) Ri-or_~ i ioi~~ai .~ i c<~~n~issios~ roiz rnr C~1-A I L R1 C~6A1lIR hROJ13 1 ~AAD FSl ABIJSIIIAG (1J21:AIA Il,ADS 4AD 4CC[H A rS IZLJ A IIA(, IY) I III PA111AI UI IIII ItiAI-AISTIII=RIJ{)Rr. COAT VIISSIO~ -APPROA'LD RISO LCllOA NU. ~j?U RI'I All-1)lO ACQI lSll 10A (>I PRUPI[Rll' IA l lil_ AiHNOiri I ~o~onuc Di-~ f i oN~n-~ i ;1izi n. (I;~u Iiz:~~rri~) l4 South Bend Rcdc~clupment Commission Rc~~ular Vlcctin~~-A~o~~cmbcr 7. ?00~ G. NE~~' 6USINESS (CON"f.) U. :airport Economic Dc~•clopment Arca (1) continued... Airport Economic Dc~clopmcnt Arca. (1 ~?0 Franlain) (2) Resolution No. 2521 appro~~in;; and accepting, a counter otfer for the acquisition of propcrt~~ iu the Airport Economic Dc~~clopment Arca. (1320 Franklin) Mr. W'it~~~er noted that the Grail ha~c submitted n counter offer of S3~.000. Staff recommends accepting the counter- ofl~cr. Upon a motion by Mr. Blakc_ scanulcd by '~~lr. Do«ncs and unanimously can~icd, the Commission uppro~cd Resolution No. ?~? 1 appro~ ing and accepting a counter oflcr for the acquisition of property in the Airport Economic De~~clopmcnt Arca. (1 ~?0 I~ranklin) (3) Staff report on Viridian rail spur. !Vlr. A~~it~~rer noted that the Viridian rail spur ~~~as installed b~~ the Industrial Foundation in amjunction ~~ith Chicago South Shore. ~~ith the hope that it ~~~ould open more industrial land to rail scr~cd businesses. "this idc~i nc~cr nurta~ializcd as the tracks hn~c nc~cr seen a cur north of Lathrop A~~enue. T~~o scars ago the Viridian spur ~~as disconnected b~~ the resurfacins~ of Bcndix Drive and Lathrop, and scn cs no purpose tudav as a ~~iablc rail. The cit}. in its plam~ing for palcsu ian (Y)A1~A115510A APPKOAl.D RGS011TI<)~ 1V O. ~~~ I nri~izn~i~~<~ ~~u~~~irii~<~.~<~rn~~rr_iz~~rreiz r~~iz rur uo~ isrno~ ~~r i>aoi~r_irn~ m nir ~1iiu>~~a_i Lc~~,~o~tic I)r~ i_i oi>~~r5i :lizrn. (I_?Olit-v~hl_I~~ Sr~rri,ri~~>rtiu~ A'uzii>i~~~ rnir5r~ ie I South E3cnd Rcdc~clopmcnt Commission Regular Vlceting-A~o~cmber 7. ?(1OH G. ~E~~' 6CS1V~GSS (COtiT.) D. :airport Economic De~~elopment Area (3) continued... path~~~ays and trail systems has identified the rail spw~ as a great ri~~ht-of~-era}~ for a nct~~~ork of pedestrian paths on its northw~cst side. Plannin~_ staff has been workin~~ with South Shore fl~ci~ht to ha~~c the rail and tics rcmu~cd at no cost to the Commission ~n~ cite in exchange for the rights to the casement to~ use as n path~~ay to scr~~c as an amcnih~ to the conununit~~. South Shore has ah~cadv started renu>~ in<~ the track and tics. and will Ica e the ballast to ser~~c as a toundation for a bath surface. This is a great collaboration ~~~ith South Shore Freight, at no etpensc to taxpayers. (4) Proposal for Phase ll En~~ironmental Site Assessment for the Waste 17anagement K facilit~~ located at 1515-1519 South Franklin Strcct. Vlr. W'it~~ cr noted that the historical use of this site ~rus chemical manufacturing and a steel foundry. The Phase I site assessment indicated the need for a Phase II assessment. Thcv ~~ ill do ten soil borings on the site for a i~ec cif S I U.'~0. Staff recommends approval. Upon a motion by Mr. Do~~ nes. seconded by Vlr. Varner and unaninunisl~~ carried. the Commission appro~~ed the rcyucst [or proposal and accepted the proposal of Wiahtnrul Petrie in an amount of S 10,»U for a Phase I I En~iranmcntal Site Assessment of 1 ~ I ti-1 ~ I9 Franklin St. Co~i~iissiu,~ -~t>i~izo~~t_i~ nn izr~>r rs i i oK i>izoi~~n~i_ v~o uc i i>irn nn i~izoi>~>s~i_or \~ IC,II I AL-AA hrJ RIL IA r\K VVUTAl OI S Io_»o rOK 1 I'n~sr_ II I_AV~IROAAi t{V1,11. Snl~ \stirss~ir~rui 151>-15191 iz-~~ri i~ Si 16 South Bcnd Rcdc~clopmcnt C~munissiun Rc~~ular Mcctin~a No~cmbcr 7. 2008 G. '.VE~~' BUSWESS (CONT.) U. Airport Economic Dc~~clopnunt Arca (5) Film; of Resolution 'V`o. 2524 determining to appropriate monies for the purpose of dcfra~~ing the expenses of certain local public impro~~ements for the fiscal ~~car bcginniug Jauuar~~ 1, 2008 and ending December 31, 3008, including all outstanding claims and obligations, fixing a time ~~hen the same shall take effect. (Blackthorn Golf Course budget and setting a public hearing on Resolution No. 2524 for December 5, 2008 at 10:(10 a.m. Ms. Leonard noted that this is simply the tiling of the resolution and setting a public hcarin~~ for December 5, 2008 at 10:00 a.m. Ms. hin~~ esl<cd ~~~hv the bud~~ct needs to be adjusted this late in the year. Ms. Leonard responded that the Commission appro~~cd spending of the specific amounts listed in the lines of the bud<zet. There ha~c been more czpcncs in some lines and money not needed in others. Mo~in~~ nuuicv from one line to the other requires Commission appro~ <il. The bottom line remains the same. This is a normal occun-encc in ~o~ crnmcnt. By state lu~~. the ~~arious lines arc not allo~~~ed to be in the red. At the end of each year adjustments arc made to nu~~r funds from one line to the other so no lines arc in the red. Upon a motion by Ms. ping. seconded by Mr. Blake and unaninuuisl~ carried. the Commission accepted trn f-cling Resolution No. 2~2T and set a public hearing on Resolution No. ?~?-~ for 10:00 a.m.. December ~, 2008. 17 C'ri~nn~sio~ ~cci iii i i~ r<~iz rn_i~c neaizi~<; o~ IZrs~n t rio~ No?i?-l root IO:oo ~.~i._ u~~ i~n;~ z ~. ~on~ South Bend Rcdc~~clohmcnt Commission Rc~~ular Vlcctin~ -A~mcmher 7. ?U08 F,. ~~'est ~~'ashington-Chapin Dc~~clopnunt Arca Thcrc ~~~as no business in the W'cst W'ashin~~ton- Chapin Development Area. F. South Sidc Dc~~clopment Arca l~here ~~~as no business in the South Sidc Dc~clopmcnt Arca. G. Northeast Neighborhood Dc~~clopmcnt Arca Thcrc ~~~as no business in the '~orthcast Nci~~hb~~rhood Dc~clo~~ment Arca. If. Douglas Koad F,conomic De~~clopmcnt Area Thcrc ~~as no business in the Dou<alas Road Economic Dc~~clohmcn[ Arca. Other 7. PROGRESS RENORTS Mr. Varner asked ghat e~~cr ha~~pened ~~~ith the Sales Pii~x,izess Kri~oirrs Tas Increment Financing (STIf) district that ~~as a~~provcd t~~r the South Sidc De~~clopmcnt Arca. It ~~~as ~~~~orth ~ I M her year for fitteen years. Mr. Inks reslxmded that it ~~~as nc~~cr implemented. Z~he last time ~~°c talked to the state, thev ~~cre not inclined to mope ahead ~~ith the STIR. 1 Ic didn~t recall their reason. Mr. ~~'arncr recalled that the state didn~t feel there ~~as enough buiidin~~ under roof at the time. With construction of Gatcs_ ~~c shouldn~t ha~c u~oublc meeting their threshold. I le thought ~~~c could mo~_e for~~ard on the STIF ~~hen the threshold ~~~as met. ~-1 r. Inks said he ~~ould chccl: ou it. but he didn~t thinl: the state eras inclined to nxnc t<x~~ and ~~ith it. c~ en aitc r the threshold ~~ as met. 1H South Bend Raic~~clopment Commission Rc~ular Meeting Nox~cmbcr 7. ?008 K. VErT C0~1~11SSION 11EETIVC The next meeting of the Rcdc~ clo~~mcnt Commission is Nr~i C~~~nirssiu~ ~1i_rii~~~ scheduled fix Friday, l~~mcmber ? 1. ?008 at 10:00 a.m. 9. ADJOCR\11EN 1 There being no further business to come bet~~re the ~'+~>!o~ ~~~~~~~: ~~_i Rcde~clopmcnt Commission. Mr. Do~l~ncs made a motion that the meeting be adjourned. Ms. King seconded the motion and the meeting ~~~2is adjourned nt 10:>8 a.m. Donald E. Inks. Director 1 `)