HomeMy WebLinkAboutagenda item 2015 0813 rdc 02aSOUTH BEND REDEVELOPMENT COMMISSION
REGULAR MEETING
July 30, 2015
9:30 a.m.
Presiding: Marcia Jones, President
227 West Jefferson Boulevard
South Bend, Indiana
The meeting was called to order at 9:33 a.m.
1. ROLL CALL
Members Present:
Members Absent:
Legal Counsel:
Redevelopment Staff:
Others Present:
2. APPROVAL OF MINUTES
Marcia Jones, President
David Varner, Vice President
Don Inks, Secretary
Gavin Ferlic
Greg Downes
John Anella
Benjamin Dougherty, Esq.
David Relos, Associate 11
Tracy Oehler, Recording Secretary
Scott Ford, Executive Director
Beth Inks, Director
Jitin Kain, Director
Brock Zeeb, Director
Conrad Damian
Zach Crenshaw
Mark Peterson
Eric Walton
Joe Hart
Rick Doolittle
Rich Hill
A. Approval of Minutes of the Regular Meeting of Thursday, July 16, 2015.
Upon a motion by Secretary Inks, seconded by Commissioner Ferlic the motion carried
4-0 (Commissioner Downes absent), the Commission approved the Minutes of the
Regular Meeting of Thursday, July 16, 2015.
ITEM: 2.A.
South Bend Redevelopment Commission
Regular Meeting -July 30, 2015
Page 2
3. APPROVAL OF CLAIMS
324 Fund River West Development Area
DLZ
Torti Gallas & Partners
Hull & Associates
City of South Bend Legal Department
Hu II & Associates
Jones Petrie Rafinski
Kolata Enterprises LLC
429 Fund River East Development Area
City of South Bend
City of South Bend
430 Fund South Side TIF Area No. 1
Lawson-Fisher Associates P.C.
Walsh & Kelly Inc.
Lawson-Fisher Associates P.C.
Christopher B. Burke Engineering
1,743.50
187.50
17,611.60
18,112.50
1,393.49
6,345.00
1,035.00
186,218.00
60,371.00
6,532.79
117,627.19
91,603.95
15, 185.50
$523.967.02
Engineering
Hill Street Improvements
Assessment & Remediation at Ignition Park
Legal Services
Assessment & Remediation at Oliver Industrial
Inspection Services
Professional Services
Eddy Street Commons
Triangle Development
S. Main to Lafayette Construction Consultation
.Fellow Street Roadway Improvements
Intersections of Chippewa at Michigan & Main
High & Ireland Intersection Improvements
Upon a motion by Vice President Varner, seconded by Secretary Inks the motion carried 4-
0 (Commissioner Downes absent), the Commission approved the Claims submitted July
30, 2015.
4. OLD BUSINESS
None.
5. NEW BUSINESS
The Commission agreed to hear Agenda Items 5.A.(1) and 5.A.(2) together.
A. River West Development Area
(1) Partial Release of Option Contract for Blackthorn Corporate Park Lot 4P (CE
Capital Group, LLC)
Mr. Ford stated Newmark Grubb, Cressy & Everett (NGC&E) have an Option to
Purchase on the 104 acres in the Blackthorn Corporate Park that are under the
Redevelopment Commission's ownership. Staff was able to directly sell Lot 4P
parcel to UniFirst at a reduced rate under the agreement the company will not
receive any TIF funding for the project. In order for the closing to occur, it requires
staff to work with NGC&E to negotiate the terms for the release of their option on this
parcel.
South Bend Redevelopment Commission
Regular Meeting -July·30, 2015
Page 3
Cohn & Cohn will be the developer of a 20,000 square foot distribution center, which
will be leased and operated by UniFirst. UniFirst is a publicly traded company with
approximately $1.5 billion in annual revenue generated largely by their garment and
uniform rental division. The purchase agreement outlines the negotiated terms for
the sale of Lot 4P.
Upon a motion by Secretary Inks, seconded by Commissioner Ferlic the motion
carried 4-0 (Commissioner Downes absent), the Commission approved the partial
release of option contract for Blackthorn Corporate Park Lot 4P with CE Capital
Group, LLC.
(2) Agreement to Buy and Sell Real Estate for Blackthorn Corporate Park Lot 4P
(Cohn & Cohn Investments, LLC)
Upon a motion by Secretary Inks, seconded by Commissioner Ferlic the motion
carried 4-0 (Commissioner Downes absent), the Commission approved the
agreement to buy and sell real estate for Blackthorn Corporate Park Lot 4P with
Cohn & Cohn Investments, LLC for $58,000.
(3) Real Estate Option Agreement for Coveleski Lots 2 and 3 (Swing-Batter-Swing,
LLC)
Mr. Ford stated in April 15, 2015, the Redevelopment Commission adopted
Resolution Numbers 3284 and 3285 establishing the minimum offering price for the
disposition of Lots 2 and 3 of the plat at Coveleski Park Minor Subdivision to be
$402,000 collectively. As of May 14, 2015, no bids were received and pursuant with
Section 22 of the Redevelopment statute, the City is free to negotiate terms with
prospective purchasers. The real estate option agreement outlines the negotiated
terms for the exclusive option to purchase these parcels, which abut the northern
boundary of Four Winds Fields, with Swing-Batter-Swing, LLC.
The key terms include: an initial term extending from the effective date through the
end of 2016, with the annual opportunity for three one-year extensions through
December 31, 2019; the initial option price is $1.00 with an increase to $1,000.00
for the first extension, $5,000.00 for the second extension, $10,000.00 for the final
extension, and in the event Swing-Batter-Swing seeks to execute the option the
purchase price for the property would be $1.00; and in order for Swing-Batter-Swing
to exercise the option, they will need to provide development plans to be approved
by the Redevelopment Commission as part of the purchase agreement for the
property.
Upon a motion by Secretary Inks, seconded by Commissioner Ferlic and
unanimously carried, the Commission approved the real estate option agreement for
Coveleski Lots 2 and 3 with Swing-Batter-Swing, LLC.
South Bend Redevelopment Commission
Regular Meeting -July 30, 2015
Page 4
8. Other
(1) Agreement for Engineering Services (Civil City of South Bend)
Mr. Relos stated due to the volume of Commission projects, it has become
necessary for the Engineering Department to hire a dedicated Engineer to oversee
the projects. The engineering services agreement shares the cost of the new
Engineer, with the Commission paying 80% of the Engineer's salary and benefits
and the Engineering Department paying the remaining 20%. The agreement is
effective May 26, 2015, expiring December 31, 2016.
Upon a motion by Vice President Varner, seconded by Commissioner Ferlic and
unanimously carried, the Commission approved the agreement for engineering
services with the Civil City of South Bend.
6. PROGRESS REPORTS
None.
7. NEXT COMMISSION MEETING
Thursday, August 13, 2015, at 9:30 a.m.
8. ADJOURNMENT
President Jones adjourned the meeting at 9:46 ~.m.
r,&,rec~onomic Resources Marcia I. Jones, President