HomeMy WebLinkAbout04.06.2016 agenda packetSouth Bend
Redevelopment Authority
227 West Jefferson Boulevard, Room 1308, South Bend, Indiana
Agenda
Regular Meeting, April 6, 2016, 10:30 a.m.
1. Roll Call
2. Approval of Minutes
A. Approval of Minutes of the Regular Meeting of March 2, 2016.
3. New Business
A. Certification Concerning Insurance (Morris Performing Arts Center Project,
Lease rental Revenue Refunding Bonds of 2009.)
B. Certification Concerning Insurance (Eddy Street Commons Project, Lease
Rental Revenue Refunding Bond of 2015)
4. Adjournment
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227 W. JEFFERSON BLVD. SOUTH BEND, IN 46601 1 P: 574 - 235 -9371 1 FAX: 574 - 235 -9021 1 SOUTHBENDIN.GOV
SOUTH BEND REDEVELOPMENT AUTHORITY
REGULAR MEETING
March 2, 2016
10:30 a.m.
The meeting was called to order at 10:33 a.m.
1.
2.
3.
ROLL CALL
Members Present:
Redevelopment Staff:
Legal Counsel
Others:
APPROVAL OF MINUTES
1308 County -City Building
227 West Jefferson Boulevard
South Bend, IN 46601
Richard Klee, President
Erin Hanig, Vice President
Anthony Fitts, Secretary- Treasurer
Dave Relos, Associate II
Tracy Oehler, Recording Secretary
Benjamin Dougherty, Legal Department
Roger Nawrot, Assistant City Engineer
A. Approval of Minutes of the Regular Meeting of January 6, 2016
Upon a motion by Secretary- Treasurer Fitts, seconded by President Klee
the motion carried unanimously, the Authority approved the Minutes of the
Regular Meeting of January 6, 2016.
NEW BUSINESS
A. Approval of Resolution No. 199 Approving the Transfer of Certain
Interests in Real Property for Use in Connection with the Smart
Streets Project
Mr. Relos stated the Board of Public Works is requesting the approval of a
warranty deed for a right of way at the corner of Colfax Avenue and St.
Joseph Street and a temporary easement for a right of entry at the
Century Center.
Mr. Nawrot introduced himself as the Assistant City Engineer and the
project manager for the consultant on the Smart Streets Project. He stated
the reason why the right of way and right of entry documents are needed
is due to the reconfiguration that will be created by making the streets into
two -way streets.
South Bend Redevelopment Authority
Regular Meeting — March 2, 2016
Page 2
Mr. Dougherty stated the warranty deed and temporary easement
documents can be handled simultaneously through the approval of
Resolution No. 199.
Upon a motion by Secretary- Treasurer Fitts, seconded by Vice President
Hanig the motion carried unanimously, the Authority approved Resolution
No. 199 approving the transfer of certain interest in real property for use in
connection with the Smart Streets Project.
4. ADJOURNMENT
President Klee adjourned the meeting at 10:44 a.m.
Richard Klee, President Anthony Fitts, Secretary- Treasurer
South Bend Redevelopment Authority South Bend Redevelopment Authority
CERTIFICATION OF THE SOUTH BEND REDEVELOPMENT AUTHORITY
CONCERNING INSURANCE AND TAX LIABILITY
MORRIS PERFORMING ARTS CENTER PROJECT
The SOUTH BEND REDEVELOPMENT AUTHORITY, owner of the Morris
Performing Arts Center Project and appurtenant facilities (hereinafter, the Project) hereby
certifies that it carries or has caused to be carried insurance on the Project against physical loss or
damage thereto, however caused, public liability and property damage insurance, rent or rental
value insurance, and all other insurance of such type and in such amount and under such
conditions as may be required pursuant to the Trust Agreement concerning the Project and that
the same is in full force and effect.
The SOUTH BEND REDEVELOPMENT AUTHORITY further hereby certifies that it is
in compliance with all covenants concerning the payment and discharge of all lawful taxes,
charges and assessments levied or assessed upon or against the Project or any part- thereof, and
such related covenants contained in the Trust Agreement concerning the Project.
Adopted and certified at the regular meeting of the South Bend Redevelopment
Authority, held April 6, 2016 at 10:30 a.m. at 1308 County -City Building, South Bend, Indiana
46601.
SOUTH BEND REDEVELOPMENT AUTHORITY
Richard Klee, President
ATTEST:
Anthony Fitts, Secretary /Treasurer
S: \CONEvU[ VMST\NIANAGENIENTWDNIINISTRATIVE WORKING FILES\REDEVELOPNIENT AUTHORITY ADNIIN\INSURANCE CERTIFICATION
DOCUMENTATION\ 2016 \CERTINSUR. WELLSFARGO- 2016.DOC
EXHIBIT B
OFFICER'S CERTIFICATE
Eddy Street Commons Project
Reference is made to the Trust Agreement dated as of March 1, 2008, as amended (the
"Governing Document "), between the South Bend Redevelopment Authority, a public body
corporate and politic, organized and existing under Indiana Code 36 -7 -14.5, as amended (the
"Company "), and U.S. Bank National Association, as trustee (the "Trustee ").
The undersigned officer hereby certifies to the Trustee that:
(i) I have read all relevant sections of the Governing Documents relating to Insurance
and the definitions relating thereto;
(ii) I have made such examination or investigation as is necessary or appropriate in
order to make the statements contained herein:
(iii) I have made such examination or investigation as is necessary to enable me to
express an informed opinion as to whether or not the terms, conditions and covenants in the
Governing Documents with respect to insurance matters have been complied with; and
(iv) Based on examination and review of the Governing Documents, all of the terms,
conditions and covenants set forth in the Governing documents as they relate to Insurance matters
have been satisfied and are in full force and effect.
IN WITNESS WHEREOF, the undersigned as executed this Officer's Certificate this 6th
day of April, 2016.
SOUTH BEND REDEVELOPMENT AUTHORITY
Name: Richard Klee
Title: President