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HomeMy WebLinkAbout2. Minutes 11/21/08SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING I~oycmbcr ? 1. ?008 10:00 a.m. 2?7 West .Icffcrson Boulc~ and Presiding: Marcia I. Jones, President South Bend. Indiana 1. ROLL C,~LL Memba~s Present: Ms. Marcia Jones, President 'Vlr. Greg Downes. Vice President Ms. Nancy King. SccrctarY Mr. Hardie Blake. Jr. Dr. David Varner Ms. Ann Rosen Legal Counsel: Mr. Charles S. Leone, Esq. Mr. Laa~~~rence Meteiycr. Esq. Redc~~elupment Staff: Mr. Don Inks, Director Mrs. Cheryl Phipps. Recording Secretary Ms. Jennifer Laurent, Economic Development Specialist Ms. Debrah Jennings_ Property Manager Others Present: Mr. Jeff Gibney. E.~ecuti~e Director Mr. ~fom Price. '~1avor~s Ofticc Ms. Jamie Loo. South Bend -~~ribune Ms. Rita Kopala Ms. GlendaRae Hernandez Ms. Peg Dalton. LePceps Ms. Shoal Litcll. Cressy c~ Everett. Grubb & Ellis Mr. Kcyin Mahoney. Michiana Ne~ti~s Mr. G~aig Sullivan, Vv' 11T 2. .APPROVAL OF 19INlTES A. Appro~°al of :~tiuutes of the Regular Meeting of Frida~~, No~~emhcr 7, 2008. Capon a motion by Mr. Downes, seconded by Ms. C~~w~ussu~~. ~i~riz~~~ro nn Mini iFSOrnnr Ding and unanimously cm~-icd. the Commission Re<~~ i_:~k Ntr~ i i~<~ or I~izi~~~~~~. ~ovF:~ii3i_iz 7. approved the Minutes ofthc Rc~~ular IV[cetin~~of ~~~~~~ Friday. November 7. ?OUP. South Bend Rede~~clopmcnt Conunission Rct~ulur Mcctina-N~~~~embcr ? I . ?008 3. APPROVAL OF CLAI~1S Redevelopment Commission Claims submitted No~~ember Zl, ?008 t~n~ approval. 305 FUND SI3CDn 130ND RI. Hills fi .~s~ocia~es Inc ? 1.761.00 Ralph D Lau~~cr Mnl 16.50(L00 ~1DG 5.600.01) Cdl~. 1`xa~~~atim~ Inc. ?7J 65.00 U~'ells Far«i~ -IOU.00 Cite of South Bend 35.0(10.00 i\EP 500,000.00 Cro~ac I loncath 10,366.-13 NIGIld18n ~ tl~C Corp. ~ O~).~)~) ~~I~~illnan PCLnc ~9I).~~1) Ralph U. Lau~~cr 5.000.011 ~~'iehnuan Peu'ic ? 300.00 DI L1 375.00 SI°_n Dcsi °_n5 ~~1).1)1) ~Cn ~ ICI"eC°_ cL aSSOC19lCS InL. ~I1.I)I)1). ~)~) IZL PILLS fi ,lssociatcs ?1,76,.00 Ralph D.Lau~~er 16,500.00 X120 FEND l~ll~ DIS~hRIC~h-SBCD;~ GENI~:IL\I C[3 Richard Lllis 7511.13 I,IR 7.100.00 wi~~htman Pcuic 1.'_51."_'5 Indiana Michi~~an Po~~cr 1,9~-1.89 \~-iahunan Petrie. 3.665.00 Ampco S~~stcm Parking ',57J.-11 ~1~_+~llnlen Pctnc I-},500.00 Cro~rc Iionrath 3.9-15.-19 DI~SB 10.31?.50 -1?? FUND w~IS~h ~~'ASI11NGl~ON Cro~~c I loncath -1-15.03 Kascr-Sprakcr C(IIISII'1IC110n, Inc. 169.703.0 I Sough Scud I lerita~,c Foundation 16,970.30 DLZ 16,OS?.50 ~~I'llAA'C IIOI'Vvalh ~,-13,56 DLZ 15.150.00 South Bend Rcdevclopmcnt Conunission Regular Mcetin<~ -l~~o~~cmbu~ ? 1. 200Y 3. APPROVAL OF CLAI'~~1S (COLT.) ~12~ I~UNI~ -11RPOR"h 2003 BOND 16oiunarchc 300.00 13U I~UNI) SOU 11I S[D[: DI:~~'LLOPMENI' Cro~~c Iloncalh ~~650 -~35 l UI~D RI~aI~Vk~:LOP~9I~:NI Cro~~~c I lor~~~aih 124.9 619 [3L/\Ch~1~I IORN GOLl' COUIZSG Mcado~~~brook Gold Group. Inc. S.000.UO Total $ 99.119.59 Upon a motion by Mr. Do~~nes, seconded by Ms. King and unanimously carried. the Commission appro~~cd the Claims submitted V~o~~emher 21.2008. and ordered checks to be released. 4. C0~7~1CNICATIONS There ~~~erc no Conuuunications. 5. OLD BCSINGSS A. South Bend Central De~~clopnunt Arcs (1) Dc~~clopment Agreement ~~~ith Jlichiana Public Broadcasting Corporation. (~1'NIT) In Vlay of 200 the Commission appro~~ed a proposal from Michiana Public Broadcasting (~y'N[T) ad~~ancing a concept fair relocation ofthcir studios ti-om the current facility- in Elkhart to the WSBT buildinr~ at 300 ~k'. Jeti~crson. The public benefit of the rcdc~elopmcnt project is significant, as jobs that ~rould othcr~~iso be lost upon ~'~'SB~h~s relocation arc replaced. and the specialized building is occupied and up~~raded immediately. ~~~ith an o~crall pri~atc in~~cstment of S 3.700,000, not includin~~ the Coennssio~ ~i~i>Krn~ei~ i ni: Crw~is SII; VII 17 f D ti0~ t Al t3 L=R ~ I. X005, ~ADURD[R LU rue cnrx i.s ~ o ue izn_ense~ 1 Direr ~crxr ~~~ Conn ~~~i<~:~no~ South Bcnd Rcdc~~clopmcnt C'onunission Rc~zuluc Vlccting -'~lo~ciubcr ? L ?008 5. OLD BUSINESS (CONT.) A. South bend Central Derelopmeut Area (1) continued... ~ aloe of the donated building. The contract presented today outlines the terms b~ ~~hich the Conu»ission's assistance of ~ 1.000.000 to~~~ard funding of construction for the ne~~~ exterior and public lobby area of the building ~.~~ill be used. The C'onnnission ~~ill acquire a temporary casement for a portion ofi the property a~ntaining the exta-ior fa4adcs along Jcflcrson and Latavette us ~~cl~ as the corner ~~-here the three story atrium lobby ~n'ill be located. Aw'e ~~ould ~~~ork «~ithin a protcssional scr~~ices contract ~~~ith The Troves Group to create a stand-alone project budget for construction work for the ne~~~ exterior and lobby and spcciiications for public bidding. which ~~~ould be o~crsecn by the Board of Public Works as the Commissions a~~cnt. l~hc public bidding phase ~~~ill be initiated onh~ upon c~~idcnce that funding is in place to complete the pri~~atc portion of the project. Nlichiana Public Broadcasting a~urccs to maintain operations for a minimum often years. The city is extremely pleased ~~~ ith this project in the do~~~nto~i~n. '.Marv Pruess thanked the C onunission for helping WNIT to relocate to do~a~ntown South Bend. W'~~IT is also ~~crv excited at the prospect of being able to operate from a -state of the art public media center for the next ~~cncration of ~ie~cers in our region. They ~~~ill be completely upgrading the building from its analo~~ concept to a full di~~ital media center. Thee espcct to start 4 South Bend Rcde~elopmcnt Conul~ission Regular Meeting -No~embcr ? I .'008 S. OLD BUSINESS (CO~`f.) A. South bend Central De~~clopment Area (1) continued... amstruction as soon as ~.~ Bather permits. Vlr. Vmner noted that the Common Council hod some concerns at the loss of the public educational and ~~rn~ernment channels ~~hich were abandoned by Comcast. The Council hopes to sec those a~~ailable again through ~~NII. Upon a motion by Mr. Varner. seconded b_v Mr. Do~~ncs and unaninu~usly carried, the Commission approved the Deeelopmcnt Ar~rccmcnt ~~~ith Michiana Public Broadcasting Corporation. (~~N1T) (2) Proposal for professional sere°ices. (Architechn-al and Eu;ineering, ~i~NIT) Ms. Laurent noted that the Development Agreement ~~~~ith W' ~~ IT requires the city to pav for architectural and engineering services related to the tacade improvements. Staff solicited a proposal from The Tro_vcr Group for architectural services to coyer alI associated ~~~ork in the preparation of the bid specitications. The ice for those services is $? 1.000. plus reimbursable ezpcnses. Staff is only requesting approval of items one through three. Item three is the only one with associated costs to "hhe Troya~ Croup. ~y'e need to certify our legal descriptions and ~~~ill bring a proposal for flat ~~ork to the Commission separately ti~om this proposal. Mr. Leone noted that the proposal lists a pa~alty for interest ~~~hich must be deleted. C~>~~~i~~iissio,~~ ~~r~nzo~~ro i<<t-Drvnor~~u.~_i !1GRFF 11[ NT Ii~I IfI ~11CIUA~ A Pl f3t IC Rizon~c ~s n~.~<, Coizi~oit ~l ions. (~~'N[l 1 i South Bend Rcde~elopment Conunission Regular Meeting -No~~cmbcr 21. ?OOS 5. OLD 6USINESS (CON"T.) A. South Bend Central Dc~~clopment ,1rca (2) continued... He sug~~ested Ms. Laurent get an updated proposal that contains only the items the Commission is appro~ ing. L~pun a motion by 'Vlr. Dow~ncs, seconded by Vls. King and unaninunisly can~icd. the Commission appro~~cd the re~~iscd proposal Frith The 'l~royer Group t~n~ a tee of S? 1.000 plus rcimbursables, suhjcct to legal rericw~. 6. NEW BUSINESS A. Tax Abatements Thcrc ~rcrc no Tas Abatements 6. South Bend Central Deg°elopment Area (l) Lease proposal for 127 S. '~1ichigan Street. (LePeeps Restaurant, 11ichigan St. Shops) Mr. Inks noted that in No~~cmber of?OU7 the Rale~~clopment Commission took action to amend LcNcep~s Lease. ~fhc I.easc eras amended to reflect a rene~ral fi~~r ~ ~-cars. and prodded t~~r a reduced Iease late in the tirst year of S0.68 per square toot (~ 1?>0 per month). "hhe second through fifth wars had a lease rate of $9. ,7 per square foot (S?_~O(1 per month). Since that time. Lepecp has closed its Misha~~aka location to impro~~c its orerall cash flo~~~. At the same time. LcPcep has seen risin~z food and cncr~~ costs at its do~rnto~~ n location. Sale at the do~rnto~rn CY1Ai ~91S~1oA ~PPROA'PD IIIr RrAIS PI) PROPOSAL ~cn ii l iir llz<» i iz (~ao~P i oiz .~ n i or5'_ I.oUO i>i rs iii nna~izs ~ni i ss~ eu<`r ro i i c;,~i_ izr~ ins 6 South Bend Kedc~~dopmcnt Commission Rc~~ular :Vlccting N~~~cmbcr ? I . ?008 6. l~E~~' BUSWESS (CO1~T.) B. South Bend Ccutral De.°elopment Area (1) continued... locution are do~~~n slightly (about ?04~). ~'hilc cash floe' has impro~~ed it is still nut positi~~e. Lcpecp has shared its income statunents ~,~~ith us. on a confidential basis. so that ~~c could confirm their operating performance. We bclie~~c Lepcep has been and continues to be a ~<iluable retail establishment in the downto~~~n, and that it can be a ~ iablc business goin~a fiorward. How~e~~cr, gi~~en their current operating situation. the}~ arc requesting an additional amendment to their Lease in order to lower rent for the nest vcar. The proposal is to go from the first year lease rate of S4.68 to 57.=9 per square trot ($?,000 per month). Years three through ~ ~~~ould remain at the current specified Icase rate of S9.?? per square toot. We hu~~c discussed this proposal with CB Richard Ellis our property manager and thev ha~~e rcconuncndcd we appro~~c this proposal, especially in light of the current ccunom~ and Icasina emironmcnt. Staff recommends approving the proposal cffecti~~c l~~rn~ember I. ?008 (the beginning of the second lease vcar). This ~~~ill retain u lone term tenant. a ~~aluable do~~~nto~~~n business and enhance its ~iabilitr to remain su. Mr. Varner asked if staff had asked for a^ extension of the Icase along kith the reduced rcpt. It make; a lone term tenant u lom~cr 7 South [3cnd Rcdc~~clopment Commission Rc~~ul~~r Nicctin~~ -No~~cmbcr 21. ?OOh 6. NE~'1' BUSINESS (CONT.) B. South [3cnd Central Development Arcs (1) continued... term tenant and should have been a reasonable request. Mr. Inks indicated that staff had not considered that request, since the lease ~,~-as just renewed fibr fii~~e years. Ms. Jones said she thought the jump from the tirst vcar to the terms of the second year ~~as u large leap and thinks this adjustment is reasonable. 'Vls. Jones suggested ~~~c take a look at the lease each vcar to sec if it needs to be adjusted. Ms. Jones noted that an empty building is not only unsi~~htl~. but it isn~t ~~aying payroll and income lases. Als~~. the cost of tenant impro~ ancnts f~~r a nc~a taunt ~~~uuld far escccd the concessions bein~~ nuuic here. Upon a motion by y~lr. Do~rncs, seconded by 'Vls. ]~in~a and tmaninunisly carried the Commission appro~ al the Icisc proposal t~~r 1?7 S. Michi~~nn Street. with the additional requirement that the Lease terms be re~ic~red annually. 1LcPccps Rcstaw<uit. ~~ichigan St. Shops) C. Airport Economic Development Area (1) Appointment of members to Board of Directors of the O~sners Association at Blackthorn. (P1~illiam ~lischcl, three ~~cars; ~l'illiam Pauzica, one ~~car) Mr. Inks noted that ~~~hile the Conunission remains the lar~~est lando~~~ner at Elackthorn Corporate Park. it appoints all three mcmhcrs Co~~~ussiu~ ni~i~izo~t o i uc rensr i~aoi~osn~ rrnz I'"S.A1icnic,~~sikni.~~~nn ini_ noon ion-~i_ ~tr<x iitr~n,~ i i n:a_i i ui I [..asi_ i iit~is iv_ itr~ n ~~i o ~~~~ ,~u v. (Li[Y~t=ins Rise ~i iz~~~. 11ic nic, ~~ S i. Siio~~sl South Bcnd Rcdcyclo~?mcnt Connnission Rc~ular Mcctine-No~~cmbcr? I, ?008 6. NE~~' 6USIl~ESS (COV"h.) C. Airport Economic Development Arca (I) contiuucd... of the Beard oC Directors of the openers association from the ga~cral membership of the orr;anization. At the recent O~~-Hers Association at Blackthorn meeting the board rcconuncndcd Bili N1ischcl be reappointed frx another three year term. Jack Youn~~ sold his property in Blackthorn, so he needs to be replaced on the board as ~~ell. ~I~hc o~iners~ board recommended Bill panzica till Vlr. 1'oun~~ s rcmainin~~ term throe°h ?U10. Upon a Hellion by Mr. Do~~nes. seconded by Vls. Kind and unanimously carried. the Commission appointed William Mischcl to the Board of Directors of the O«~ners Association at Blackthorn t<~r a three vicar term endin~~ December ~ I. ?01 l and \yilliam panrica to fultill the remainin~z term of Jack Young to Dcccmhcr ; I . ?010 D. ~~'est ~~`ashington-Chapin Development .area (1) Contract with South Bcnd Heritage Foundation for consulting services. 'Vlr. Inks noted that the Redcyclopment Commission entered into a contract ~~~ith South Bcnd Hcrita!~c Foundation (SBHF) for the use of West ~yashint~ton TIF fends for a yaricty of projects. That contract ran from January ?OOG to Dcccmhcr ?007. The ~york included acquisition and demolition of Oil Express and Basic Machine. It ~~<3s our intent to renc~a the contract for another tiro vicars. since SBHF ~~as continuine ~~~ork in ?008 on the Natatorium reuse renuyations Coai~tissio~ -~n~om reo ~4'u ria~i ~1isciir i ~r~> TIIL 130rAKD OI DIIZI_("IORS OF INL U\A'VLRS A1SOC1:1110A -A1 fil ACI<l HORN PUR 1 lliRr-.I ~~r~i, n iz~i r~i>r~c, ~~ cr~~i3rR ;l?01 I aN~o \\ u_n:~~i Pn~u~ ,~iz> ri i_ni i_ i iii- Ri ~t-v~i~c ii-RV or I~cr.Yo~ ~c rci I)rci ~nsi-iz3l?o10 9 South Bcnd Rede~~elopment Commission Regular ;Meeting-No~~ember ? 1.2008 6. A'E~b' BI~SINESS {CON"f.) D. West ~~1'ashiugton-Chapin Devclopmeut Arcs (1) continued... ~~~hich started in 2007. Mr. Inks was not sure if the form of [his a~rccmcnt ~~~-ill be an nddcndum to the original contract, or a completely new contract. Mr. lnks referred Commissioners to the pre~~ious contract and noted the changes that would be made going fon~~ard. Chances to the contract terms in a ne~~~ contract or Addendum would be the t~>llo~-~~in~. The a~~recmcnt ~~~ould be fii~r t~~~o wars, 2008 and 2009. Exhibit C (Project f3udgct) ~~ould charge so that 2008 ~~~ill sho~~~ the ti~atatorium at 5>90.000. "phis amount represents a 590,000 encumbrance for Phase I from 2007. and 500.000 for Phase II pre~~iously appropriated by the Redevelopment Commission as the Dc~elopmcnt Opporhmity Rescue. On February 1 ~. 2008 the Commission appro~~cd Sq~0.000 from the Dc~~clo~~mcnt Opportunity Rescn~c to be used on Phase It. Since that time, higher than expected bids along with some unforeseen costs such as an undcr~rround stora~ac tank. ha~~c added about S4,.000 to Phase II costs. An additional 57.000 is requested in the event anv more unanticipated costs arise. The ZUU9 bud~~et would be for S?70.000 t<~r future projects to be agreed upon by the Rcde~elopment Commission and SBI IF. 5[3HF has been acti~el~ ~~orkine on dc~~elupment in the West Washington urea for the post three decades. SBHF bus an exemplury~ dc~clopmcnt record during that South Bend Rcdc~~clopmcnt Commission Rc<~ular Mcctin~~ -No~~cmbcr ? I , ?008 6. NL~~ 6US1V~ESS (CONT.) D. ~~%est ~~'ashiuhton-Chapin De~~elopmeut Ares (1) continued... time on a ~~ariety ol~projccts including single family rehab, multi-family ne~~° construction and rehab, commercial property acquisition and demolition and other property reuse rehab such as the Nat<<iorium. Their dc~clopmcnt expertise allows Rede~~clopment to continue the progress in West Washington, and do so in an eilicient manner b~~ ~~,~orkin~ with SBIiF in lieu of hiring and dc~ eloping that stafif capacity in house. Staff recommends appro~~al of the conU~act proposal cficcti~~c January I . ?008. RA r. Varner asked if staff anticipates another a~areement in ?010. Is this being funded ~~ith a budget in mind. or is this being rolled o~ cr on an annual basis as needed'? Mr. Inks responded that it depends on ~~~here the projects arc at overall. The'~atauxium should be complete in ?009. There arc no more projects contemplated at this time_ but there could he additional projects appro~~ed by the Commission during preparation of a ?O10 budget. Mr. Varner asked the annual rep enuc in the 1~'est ~h'ashington TIF. Mr. ]nks responded that ~~~c cx~~ect it to be 5;90.000 in ?009. The Commission typically reser~~es $?0,000 of the TIF funds f~~r property maintenance and contract, ~~~ith South Bend Heritage Foundation for projects in the area. Upon a motion by Mr. Do~~nes. seconded by Co~i~nssu>~ ~ri~a~~~~rn i nr Aour~~~~~x~~ ro 'Vlr. Varner and unanimously carried. the '~c~izrr~n_~ i ~~i rri Soy _i n I3EN[> I Ir itn,u~i' Commission appro~~cd the Addendum to I ~x~n ~ nog roiz < ~~~s~i i iu sr iz~ lets izri ~~n_ur~riui ~~i_~i ~c~siii~cru~ui,~i>i~ ur~ii ~m~n~i -~ri South Bend Rcde~ clopmcnt Commission Regular Meeting - No~~cmbcr ? I . ?008 6. NEV1~ 6USINESS (CONT.) D. ~~~est ~'1'ashington-Chapin Development Arca (I) continued... Agreement ~~~ith South Bend Heritage Foundation for consultins sa~~~ices related to the Wcst ~~'ashin~~ton ChaE~in Dc~~elo~~mcnt .Arca. G. South Side Development Area There was no business in the South Side Dc~~elopmcnt Arca. F. NorthcasY Neighborhood Development Arca (1) Sub-Sublease and ~1emorandum of Lease ..°ith Kite Rcalt~~ Gdd~ Street Carage, LLC. Mr. Inks noted that the Raley°clopment Authority leased the land from Kite Realty Eddy Strcct Garage. LLC': the Authority then leased to the Commission the land plus impro~~cments the Authority is building on the land. The Commission ~~ent throush a disposition process for the parking ~~arar!c and offered it for lease. There ~1~crc no bids rccci~~cd. ht accordance ~+~ith the Dc~clopmcnt A~~rccmcnt for Edd_v Strcct Commons. this is the Lease and Memorandum of Lease of the Parkins Garage to Kitc Realty Eddy Strcct Garage. LLC. The lease term matches the term of the bonds. ?0 years. Lease payments arc to be S I per year, but Kitc will be responsible for all maintenance. insurance. property tales and operations of the garage, all in I? South Bcnd Rede~~clopmcnt Crnnmission Regular Vlcctint* -?~u~~cmbcr ? 1.2008 G. l~G~~' I3~~S1'~~ESS (CONY'.) (:. Northeast lcighborhood De~~clopment Area (I) continual... accordance with the Derclopmcnt A~~recment. At the cnd of the Icase. Kite ~x~ill be required to take the garage. so that the cih~ has no responsibility at the cnd for major capital expenses. It is important this Icase be put into place as soon as possible to make sure the property tax records reflect the ne~,vly taxable nature ofthis property. A property tax assessment ~~~ill tal<c place March 1, 2009 ~~~hcn the garage will be more than 50°,~o complctc. On that date the property ~~ill need to be leased by a taxable entity so that property tales can be collected in 2010 to make payment on the Edd~~ Strcct Bonds. Mr. Varner asked if staff ~i~as confident that re~enuc from taxes from the t~~~o hotels and the Lara~e ~~ill be sufficient to make lease payments on the bond. Mr. Inks responded that he is. An update by Cro~~~e I lor~~~~ath at the cnd of May 2008. show~ai increased rc~~enue ii~om the earlier estimate. Mr. Inks noted that the first assessment date is March 1. 2009. Pa' the dc~~clopment agreement. ~~c expected the parking ~~a~agc to be to be >0°b complctc by that time. We think ~~~c gill be at Icast ~0°-o complctc by then. It is important fbr us to put this lease in place so that it becomes tazablc property betbre ~Aarch 1. Those taxes that ~~ill be paid gill be necessary to make the first bond payments. 13 South Bcnd Rcdc~~clopment Commission Regular Meeting -A~o~cmbcr ? I . ?008 6. NEVb' BUSINESS (CONT.) F. Northeast Nci~hborhood De~~clopmcnt Area (1) continued... Upon a motion by Mr. Do~~~nes. seconded h}' Ms. I<ine and unanimously carried. the Commission appro~ cd the Sub-Sublease and Memorandum of Lease ~~~ith Kite Realty Eddy Strcct Gara~c. LLC. G. Dou;las Road Economic Dc~~elopment Area There was no business in the Douglas Road Economic Dc~~elopmcnt Area. IL Temporary Use Ratitication Cornnssio~~' nRRRO~et> rilr Stt3-SI ul easF .~~D ~1 r_~~<ilz:~~n~~~ or Le,~sr ern II Krm. RI[91.11 I~.DDti SfRII-IG,~R ~G L_LLC UscrAs~u~cv Lot E~~cnt Dates of Usc Do~~~nto~~n South Bcnd College Football Santa House December 1 to Hall of Fame ~~est December ~0, 2008 parking area l,~pon a motion by Mr. Do~~~ncs. seconded h~ Mr. Varner and unanimously carried, the Commission ratiticd the Temporary Usc Agreement appro~~ed since No~cmber 7, ?008. 7. PROGRESS REPORTS Mr. Inks noted that the South Bcnd Lathe property is do~~~n along the face of Sample Strcct. opening up a great ~ic~~~ of the area f<~r future dc~elopmcnt. It is rcfieshin~~ to sec that building, do~~~n. K. NEN"hC0~1~'lISS1ON D1EE~1'ING The nc~t meeting of the Rede~~clopment Commission is scheduled t<~r Fridaa. December ~_ ?OU8 at 10:00 a.m. Commission rntificd the Temporary Use Agreement approved since'~'o~~cmber 7. ?008 I'ROCiRh.SS Krl°ulz-Is ~~-AT C~(IV AIICtiIUA A41(I I I~G ld South [3end Redevelopment C<~nunission Rc~~ular Meeting -'~lovcmbcr ? I . ?OOY 9. ,aDJOURV~~1ENT There bein~~ no further business to come before the ~oxx i<.~~u ~ i Kedc~ clopmcnt Commission. Ms. Bing made a motion that the meeting be adjourned. Mr. Do~~~nes seconded the motion and the meeting ~sas adjourned at 10:?6 a.m. D~mald L. Inks. Director Marcia I. Jones. President I