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Home My WebLink About2 Minutes SOUTH BEND REDEVELOPMENT COMMISSION RESCHEDULED REGULAR MEETING November 24 2014 9:30 a.m. 227 West Jefferson Boulevard Presiding: Marcia I. Jones, President South Bend, Indiana 1. ROLL CALL Members Present: Ms. Marcia Jones, President Dr. David Varner, Vice President Mr. Don Inks, Secretary b Ms. Valerie Schey Members Absent: Mr. Greg Downes Mr. Stan Wruble Legal Counsel: Mr. Benjamin Dougherty, Esq. Redevelopment Staff: Mr. Brock Zeeb, Director Mr. David Relos, Associate 11 Ms. Debrah Jennings, Associate I Ms. Kathy Hahn, Analyst II Ms. Tracy Oehler, Recording Secretary Others Present: Mr. Scott Ford, Executive Director Mr. Christen Fielding, Assistant Executive Director Ms. Beth Leonard Inks, Director Mr. Jitin Kain, Director Ms. Kelli Stopceznski, WSBT-TV Mr. Conrad Damian Mr. Jeff Ryan, RealAmerica Mr. Mark Peterson, WNDU Mr. Dan Schoenfeld, WNDU I Ms. Mo Miller 2. APPROVAL OF MINUTES A. Approval of Minutes of the Regular Meeting of Monday, November 10, 2014. Upon a motion by Mr. Varner, seconded by Mr. Inks and unanimously carried, the Commission approved the Minutes of the Regular Meeting of Monday, November 10, 2014. 1 'j 2 South Bend Redevelopment Commission Regular Meeting—November 24, 2014 ;a 3. APPROVAL OF CLAIMS 324 AIRPORT AREA Weaver Boos Consultants 550.00 West Digester Tank Rehab Kolata Enterprises LLC 570.00 Professional Services H.J. Umbaugh &Associates 8,750.00 Financial Advisory Services TIF H.J. Umbaugh &Associates 9,705.00 Financial Advisory Services TIF IDEM 431.95 Oliver-Plow i Torti Gallas and Partners 1,200.00 West Side Corridors Market Analysis & Master Plan '1 420 FUND TIF DISTRICT-SBCDA GENERAL DTSB 15,000.00 Beautification H.J. Umbaugh &Associates 8,750.00 Financial Advisory Services TIF H.J. Umbaugh &Associates 2,219.00 Financial Advisory Services TIF is 429 FUND NORTHEAST DISTRICT H.J. Umbaugh &Associates 2,576.00 Financial Advisory Services TIF 430 SOUTH SIDE DEVELOPMENT AREA South Bend Tribune 47.40 Notices to Sale 4224 Fellow St 1 51,085.25 Upon a motion by Mr. Inks, seconded by Mr. Varner and unanimously carried, the Commission approved the Claims submitted November 24, 2014. 4. COMMUNICATIONS There were no Communications. 5. OLD BUSINESS There was no Old Business. 6. NEW BUSINESS A. River East Development Area :l There was no business in the River East Development Area. 2 S South Bend Redevelopment Commission Regular Meeting—November 24, 2014 B. River West Development Area (1) Proposal for Professional Services in Ignition Park South (Boundary, Survey, Rezoning,Vacations, and Title Insurance) Mr. Relos stated the attached proposal from Danch, Harper& Associates is for a boundary survey; rezoning and replat; and utility, street, and alley vacation services for the property between Scott Street and Kemble Avenue in Ignition Park South. This approximately 10 acre site is now owned by the Commission and this is the first step in being able to put it through the disposition process and eventually sell it. The cost for Danch services is $18,800 with filing fees and utility releases expected to be $3,350 for a total of$22,150. A title insurance policy is requested to insure the Commission has clean title to all parcels and there are no outstanding liens or obligations. Title insurance is expected to cost approximately $1,100. Staff requests approval of these proposals for a not to exceed amount of$25,000. Upon a motion by Ms. Schey, seconded by Mr. Inks and unanimously carried, the Commission approved the professional services proposal in Ignition Park South for 1 boundary survey; rezoning and replat; utility, street, and alley vacation services in a not-to- '` exceed amount of$25,000. (2) Release of Development Agreement with Great Lakes Capital (LaSalle Hotel) Mr. Fielding noted the project is now a priority as the Hoffman Hotel located next door is under construction and it would be better if both buildings are under construction at the same time to avoid having the block being impacted for three years. The current bid winner, Great Lakes Capital, is unable to adhere to the requested timing and has agreed to withdraw. Upon a motion by Mr. Varner, seconded by Ms. Schey and unanimously carried, the Commission approved the release of Development Agreement for LaSalle Hotel with Great Lakes Capital. (3) Development Agreement with RealAmerica for LaSalle Hotel Mr. Fielding stated the development agreement with RealAmerica includes the same terms and conditions as the Great Lakes Capital development agreement with the exception of dates and the clarification of the number parking spaces. Mr. Jeff Ryan, Development Associate for RealAmerica, gave an overview of the company's background including the fact the architectural and construction management services are provided internally. 3 South Bend Redevelopment Commission Regular Meeting—November 24, 2014 Mr. Varner inquired about their timeline and any foreseeable obstacles. Mr. Ryan replied their goal is to have the plans and permits ready by the end of March, 2015 and does not 1 anticipate any major issues. Mr. Inks inquired about the number of apartments and basement use. Mr. Ryan replied there would be approximately 67 market rate apartments. The basement holds the old boilers which will not be removed, but would also include storage spaces for residents. Completion of the project is estimated for late summer of 2016. Upon a motion by Ms. Schey, seconded by Mr. Varner, and unanimously carried, the Commission approved the Development Agreement with RealAmerica for the LaSalle Hotel. (4) Staff report on disposition of property (Blackthorn Golf Course) Mr. Fielding noted the Blackthorn Joint Committee on November 19, 2014 approved the sale of the Blackthorn Golf Course to Acquisition Group, LLC for$1,655,000 and the Airport Board approved the sale on November 20, 2014. The Airport Board's approval included one stipulation: to review and approve the contract for sale and deed prior to the _ full execution of documents and closing to ensure the minimum maintenance standards and the stipulation requiring that it remain an 18-hole golf course. Clarification was made that the monies in the Operating Fund would revert back to the Redevelopment Commission and a clause would be added to the agreement requiring the City's approval for any resale of the course occurring within the next three years. Upon a motion by Ms. Schey, seconded by Mr. Inks and unanimously carried, the Commission approved the terms of the disposition of the property. (5) Staff update Mr. Fielding noted the City's current building inventory is unsuitable for the needs of most Y businesses it is working with. Staff has been in discussion with multiple developers in town who are interested in building spec facilities. This arrangement would provide easily flexible space within a ninety day period, increasing the opportunity to win future economic development attraction projects. Staff has received a proposal from Holladay Corporation for a 200,000 square foot industrial building in the Ameriplex industrial park, which could be used for advanced manufacturing or distribution and is expandable to 300,000 square feet. Holladay would most likely come to Council for tax abatement consideration. No TIF money would be put into the building. Instead, a declining master lease would be entered into with the Commission being responsible for 100% in year one, dropping 20% each year, with the maximum Commission investment being $1.6 million over a five year period. The Commission's obligation would also cease immediately once a credible lease tenant is secured. 4 '1 s South Bend Redevelopment Commission Regular Meeting—November 24, 2014 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. E. Douglas Road Development Area There was no business in the Douglas Road Development Area. 7. PROGRESS REPORTS General Sheet Metal will be relocating in the County, though they will maintain their facilities on South Michigan. The first reading of the year end budget transfers will come before the Common Council with the vote occurring on December 8, 2014. 8. NEXT COMMISSION MEETING The next meeting of the Redevelopment Commission is a Regular Meeting at 9:30 a.m., December 11, 2014. 9. ADJOURNMENT There being no further business to come before the Redevelopment Commission, the meeting was adjourned at 10:09 a.m. Brock Zeeb, Director, Economic Resources Marcia I. Jones, President 1 l 5 5