Loading...
HomeMy WebLinkAbout2. Minutes 9/18/09SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING September 18, 2009 10:00 a.m. 227 West Jefferson Boulevard Presiding: Marcia I. Jones, President 1. ROLL CALL Members Present: Ms. Marcia Jones, President Dr. David Varner, Vice President Ms. Nancy King, Secretary Mr. Donald Alford Ms. Stephanie Spivey Members Absent: Legal Counsel: Mr. Greg Downes Mr. Charles S. Leone, Esq. Mr. Lawrence Meteiver, Esq. South Bend, Indiana Redevelopment Staff: Mr. Don Inks, Director Mrs. Cheryl Phipps, Recording Secretary Mr. Jeff Gibney, Executive Director Mr. Bill Schalliol, Economic Development Specialist Mr. Robert Mathia, Economic Development Specialist Mr. David Relos, Economic Development Specialist Mr. Jitin Kain, Economic Development Specialist Ms. Debrah Jennings, Property Manager Others Present: Mr. Tom Price, Mayor's Office Ml•. Mike Hardy, Barnes & Thornburg Mr. Mark Noeldner, Teachers Credit Union Mr. Chad Douglass, Teachers Credit Union Mr. Phil Byrd, South Bend Heritage Foundation Ms. Dea Andrews, South Bend Heritage Foundation Ms. Mo Miller Ms. Rita Kopala Ms. GlendaRae Hernandez Ms. Susan Warner, Education Foundation Ms. Zebell 2. APPROVAL OF MINUTES A. Approval of Minutes of the Regular Meeting of Friday, September 4, 2009. Upon a motion by Ms. King, SeCOnded by Mr. COMMISSION APPROVED THE MINUTES OF THE Varner and Unan1n10USly Carded, the Commission REGULAR MEETING OF FRIDAY, SEPTEMBER 4, approved the Minutes of the Regular Meeting of 2009 Friday, September 4, 2009. South Bend Redevelopment Commission Regular Meeting -September 18, 2009 3. APPROVAL OF CLAIMS Redevelopment Commission Claims submitted September 18, 2009 for approval. 305 FUND SBCDA BOND SBD Reprographics The Troyer Group 710.42 Bond Prints/Binding 12,915.51 Michigan St sidewalk/landscaping 324 AIRPORT AEDA South Bend Parks & Recreation Ralph D. Lauver TCU Indiana Michigan Power Abonmarche D LZ DLZ Northern Construction Services CB Richard Ellis South Bend Water Works South Bend Water Works Phifer Environmental Services, LLC Jerome E. Michaels Wightman Petrie 420 FUND TIF DISTRICT-SBCDA GENERAL Ralph D. Lauver Downtown South Bend Rose Pest Solutions Indiana Michigan Power Downtown South Bend AT&T Jerome E. Michaels 422 TIF DISTRICT WEST WASHINGTON South Bend Parks & Recreation 430 SOUTHSIDE DEVELOPMENT TIF AREA #1 South Bend Parks & Recreation Christopher B. Burke 435 DOUGLAS RD TIF Selge Construction Co 454 FUND AIRPORT URBAN ENT. ZONE Project Impact 6,560.00 Lawn Maintenance Centralized Mowing 1,350.00 Appraisal of 912 S Lafayette 150.00 Stdbkr Auto Sales Corp. d/b/a SASCO 25.86 Electric 501 Wengler / 420 S William 14,462.00 Mayflower Sanitary Sewer/US 31 & Adams 9,175.00 Expansion of Olive/Pine 74,671.71 US 31/Adams Rd Interchange Studies 46,191.95 Bendix & Voorde Dr. Intersect Improv 618.84 Management Fee & Expenses 168.62 1000 Fellows St 72.64 Unity Gardens 1,400.00 Phase I Environmental Assessments 1,385.00 Appraisal Airgas Great Lakes 7,110.38 Ignition Pk Env. Assessment & Demo 650.00 SE corner of Western Ave 20,625.00 Agreement for Services 93.00 LaSalle Hotel 165.66 237N Michigan St. 21,250.00 Agreement for Services 86.21 LaSalle Hotel 750.00 Vacant Lot SE Main & Western 30.00 Lawn Maintenance 330.00 Lawn Maintenance 4,860.50 Erskine Detention Pond Relocation Ph I 144,705.76 Douglas Rd Widening 51,924.00 Job Training Services 2 South Bend Redevelopment Commission Regular Meeting -September 18, 2009 3. APPROVAL OF CLAIMS (CONT.) 619 BLACKTHORN GOLF COURSE OPERATIONS Meadowbrook Golf Group, Inc. 8,000.00 Management Fee $ 430,438.06 Upon a motion by Ms. King, seconded by Mr. Alford and unanimously carried, the Commission approved the Claims submitted September 18, 2009, and ordered checks to be released. 4. COMMUNICATIONS Mr. Inks noted that Commissioners received a Communication from FireArts. He read the Communication into the record. September 2, 2009 Redevelopment Commission 227 rest Jefferson Blvd. Suite 1200 S South Bend, IN 46601 Dear Commissioners, On behal f of FireArts I would like to Chunk you for your generous offer concerning the building use occupy. YVe appreciate the recognition of the ~1~ork 1ve have done to remove it_fi°om the blight and bars°ier to development categories and make it an asset recognized by hoth you and local developers. We 1a•ill now be able to increase investments into the building, making it more attractive, ,function more efficiently, and expand our programs. This year ~a~e huve participated in South Bend 's "First Fridays. " "Spring Art Wulk, "and the "fuzzed About Arl "fundraiser. for breus7 cancer, hud our 4`~' "Sammter Studio "for lulented high school studes~Ls, of fared space for Fiddlers Heurth to create their St. Pah•ick's Day float, had lectures by artists Dick Lehman, Jo12n Mishle~°, and Tuck Langland. Dick Trench gave u stone COMMISSION APPROVED THE CLAIMS SUBMITTED SEPTEMBER 1 R, 2009, AND ORDERED THE CHECKS TO BE RELEASED THERE WERE NO COMMUNICATIONS South Bend Redevelopment Commission Regular Meeting -September 18, 2009 4. COMMUNICATIONS (CONY) cui7~ing demonstration ut ca public scl7~ool. We conducted ~~~orkshops "Intl°oduction to Clay, " "Modified Foy-ms, " "Baku, " and "Business gfArt "for the community, and have provided a meeting place for the Hoosier Art Patrons with a lecture, from regional artists Jon Hook and Andrea Peterson while their work was on display. Our impact in the community will strengthen with the acquisition of this building. Sincerely, William Healy President FireArts Board Mr. Inks noted that the Commission previously took action to provide that building to FireArts. In the event they are no longer using it, it will revert to the Redevelopment Commission. Mr. Inks noted that he also received an e-mail communication fi-om Joya Helmuth of Spark Fine Arts. It says they have "managed to.finish a successful renovation and move in to our new space ut 121 S. Michigan Street. We are very excited to he here mzd u~°e thrilled to open today at noon. The, fact that ~a~e tivere able to make this happen, and in such a short timefr•ame, is quite remarkable m7d due in no small pmt to the efforts each one ofyou has made. Please knola~ that I am deeply grateful,fc~r your help and support. So, hox~ about an curly preview. Please join us this morning anytime between 10:00 u. m. and noon for a sneak peek of the nei~~~ shop. We ~1°ill take off the lrindoil~ coverings prompth~ ut noon 1a~he~1 ~a~e open our doors to the public. Take a break on this beautiful Friday morning to come over and enjoy donut holes and coffee. See you soon. " 5. OLD BUSINESS There was no Old Business. THERE WAS NO OLD BUSINESS 4 South Bend Redevelopment Commission Regular Meeting -September 18, 2009 6. NEW BUSINESS A. Tax Abatements (1) Resolution No. 2600 approving an application for real property tax deduction for vacant land located between 1016 and 1032 West Washington Street in the West Washington-Chapin Development Area. Mr. Mathia gave the report on the project. The South Bend Heritage Foundation, Inc. intends to construct two new single-family homes on the vacant lot they curc•ently own on West Washington Street. The lot is being replatted to permit the construction of the two homes. The homes will each have two stories totaling approximately 1,700 square feet with three bedrooms. The average cost of the two homes will be approximately $180,000. The two homes are part of the first allocation of the Neighborhood Stimulus Program (NSP) funding. Several single- family homes will be built in targeted areas to serve homeowners with a household income of up to 120% of the Area Median Income using NSP funds. The sales prices of the two homes will be discounted in order to make them affordable to these potential customers. South Bend Heritage will be the developer of several of these houses. Mr. Mathia noted that total taxes to be abated for the two houses during the five-year abatement period are estimated at $16,827.76. Total taxes to be paid for the two houses during the five-year abatement period are estimated at $3,896.70. Mr. Mathia noted that South Bend Heritage Foundation has had seventeen real property abatements since 1992. It is current on all South Bend Redevelopment Commission Regular Meeting -September 18, 2009 6. NEW BUSINESS (CONT.) A. Tax Abatement (1) continued... reporting requirements for the active abatements. The property is properly zoned for the proposed project. The property is located in the West Washington/Chapin Development Area, which is a Tax Increment Allocation Area; therefore, approval of the tax abatement petition by the South Bend Redevelopment Commission is required. The project qualifies for five years of residential property abatement under the tax abatement ordinance. Mr. Varner asked what a $180,000 home will sell for, discounted. Mr. Byrd responded that some of the comparable used homes in that area sell for $125,000 to $130,000. South Bend Heritage expects these will sell for at least that, maybe a little more. Since they are allowed to sell to people with incomes of up to 120% of median income, that should allow that price as well. Mr. Varner asked what the median income is in this area. Mr. Byrd responded that median income is based on family size, but for a family of four, median is about $55,000, so a family of four with an income of about $66,000 could qualify and should also find it affordable. Mr. Gibney noted that these homes are part of a design package of homes that will be built in the Northeast Triangle, in the Northeast Neighborhood Development Area. 6 South Bend Redevelopment Commission Regular Meeting -September 18, 2009 6. NEW BUSINESS (CONT.) A. Tax Abatement (1) continued... These will serve as model homes. Ms. Jones asked how many different models are among the designs. Mr. Gibney responded there are eight models. They are really good examples of infill projects because the design was sensitive to turn of the Century homes. Mr. Varner asked what the timeline is to complete construction. Ms Andrews responded that they will pull a pernlit as soon as the Council approves the declaratory resolution. Upon a motion by Ms. King, seconded by Mr. Varner and unanimously carried, the Commission approved Resolution No. 2600 approving an application for real property tax deduction for vacant land located between 1016 and 1032 West Washington Street in the West Washington-Chapin Development Area. B. South Bend Central Development Area (1) First Amendment to Addendum Agreement and Letter Agreement between HOK Sport and the City of South Bend. Mr. Schalliol noted that over the past year, the staff has worked to complete elemental steps for the Coveleski Park project area to accomplish work items like property acquisition, building demolition and site preparation, completion of planning studies COMMISSION APPROVED RESOLUTION NO. 2600 APPROVING AN APPLICATION FOR REAL PROPERTY TAX DEDUCTION FOR VACANT LAND LOCATED BETWEEN 1016 AND 1032 WEST WASHINGTON STREET IN THE WEST WASHINGTON-CHAPIN DEVELOPMENT AREA. South Bend Redevelopment Commission Regular Meeting -September 18, 2009 6. NEW BUSINESS (CONT.) B. South Bend Central Development Area (1) continued... and other related project coordination. As the majority of the site area around the ballpark has been cleared and prepared for development, it is now time to begin the next phases of the Coveleski Park project. Staff is cun•ently working on the relocation plan for the Sons of Israel synagogue and beginning discussions with property owners recently added to the SBCDA acquisition list. Another key step, as it relates to the development efforts in the Coveleski Park project area, is to begin work on the main park block (bounded by Western, Lafayette, South and Taylor) and begin to develop a plan to invest in the efforts that will allow the block to serve as the synergistic hub for the development activities in the project area. To that end, staff presents an addendum to agreement between the City of South Bend and Populous, Inc. (formerly HOK Sport) to provided updated planning and design services for the Coveleski Park project area. Under the Addendum to Agreement Pupulous will refine concepts for the main park block and develop a work scope for items that will be proposed for construction and development as part of the Phase 1 plan for the area. The plan will also merge together the three separate plans (Neighborhood, Ballpark and Facility). It will also finalize the ballpark boundaries, establish a plan for the land areas around the park and develop a design concept for the entry connection feature into the ballpark South Bend Redevelopment Commission Regular Meeting -September 18, 2009 6. NEW BUSINESS (CONT.) B. South Bend Central Development Area (1) continued... from the intersection of Western and Lafayette. The proposal from Populous is on the basis of time and materials and will be capped at One Hundred Thousand Dollars ($100,000.00) with an allowance for reimbursable expenses. Staff would request a budget amount approval in an amount not- to-exceed One Hundred Fifteen thousand Dollars ($115,000.00). Ms..lones asked for confirmation that this agreement with Populous is amulti-phased agreement anticipated in the project budget. Mr. Schalliol confirmed that it is. Ms. King asked if this contract will provide new ideas, different than what has been provided to date. Mr. Schalliol responded that they will refine some of the master planning that was done as part of the neighborhood plan. We want to get a further refinement of the areas to the left and right of the concourse and how we will use the grassland and parking area that we have now. Mr. Varner asked for confirmation that the plan that has been approved so far is only conceptual; no budget has been approved for it as yet. Mr. Inks could not recall. He said there is an overall Coveleski Park budget. This is a part of that budget, but he didn't recall if there is a specific amount for the completing plan itself. 9 South Bend Redevelopment Commission Regular Meeting -September 18, 2009 6. NEW BUSINESS (CONT.) B. South Bend Central Development Area (1) continued... Mr. Varner said he did not believe he has seen the budget for Coveleski Park and asked that it be supplied to him. Mr. Inks said he would get a copy to Mr. Varner. Upon a motion by Ms. King, seconded by Mr. Varner and unanimously carried, the Commission approved the First Amendment to Addendum Agreement and Letter Agreement between HOK Sport and the City of South Bend. (2) Listing Agreement with CB Richard Ellis for SBCDA properties. (Colfax & Hill and LaSalle Hotel. Mr. Kain noted that in an effort to be more aggressive in pushing city owned properties for development, there is a draft agreement with CB Richard Ellis for two properties: one at the northwest corner of Colfax and Hill Streets and the other the LaSalle Hotel. Mr. Kain pointed out some changes that were made to the agreement since the draft was provided to Commissioners. One change was that staff has negotiated a 9% commission instead of 10% when a co- broker is involved. Also, language was added to D.S. stating that a valid offer for purposes of qualifying for a commission must conform to Design Guidelines established by the Redevelopment Commission. The number of time allowed to finalize a sale was changed from 90 days to 180 days, given the economic climate. Also, language was added back in that the COMMISSION APPROVED THE FIRST AMENDMENT TO ADDENDUM AGREEMENT AND LETTER AGREEMENT BETWEEN HOK SPORT AND THE CITY OF SOUTH BEND 10 South Bend Redevelopment Commission Regular Meeting -September 18, 2009 6. NEW BUSINESS (CONT.) B. South Bend Central Development Area (2) continued... Commission would be responsible for providing a Phase I Environmental Site Assessment if the purchaser requests it. The last change was in Exhibit B noting that the Bid Specifications will be considered when considering a proposal. Mr. Varner questioned the logic of being so restrictive in offering the property. He didn't want a potential developer to be turned off by restrictions. He would want them to bring forward any proposal for the Commission's consideration. Mr. Inks responded that that is the intent. CBRE will bring all proposals to the Commission, but we wanted CBRE to understand that the Commission may not accept just any proposal brought forward. Mr. Varner said he thought that putting that statement in writing might scare off an interested buyer. Mr. Inks noted that this is our agreement with CBRE. It won't be seen by a potential buyer. Mr. Gibney noted that, particularly for the Colfax and Hill site, there has been significant East Bank neighborhood and business input into a master plan for that lot. They wouldn't want to see the city disregard that plan. If there is a proposal that is significantly outside that plan, there should be discussion about whether to accept the proposal. Ms. King asked whether the price shown in Exhibit B is the listing price. Mr. Kain South Bend Redevelopment Commission Regular Meeting -September 18, 2009 6. NEW BUSINESS (CONT.) B. South Bend Central Development Area (2) continued... responded that that price is the Commission approved offering price for the property, so it is the listing price. The Commission may accept a lower offer. Mr. Inks noted that the contract stipulates that if the Commission does accept a lower offer, the commission to CBRE will be based on the listing price. Upon a motion by Mr. Varner, seconded by COMMISSION APPROVED THE LISTING Mr. Alford and unanimously can•ied, the AGREEMENT WITH CB RICHARD ELLIS FOR COmnllSSlOn appI'OVed the ),lsting Agreement SBCDA PROPERTIES. (COLFAX c~ HILL AND Wlth CB Rlchal'd E111S for SBCDA LASALLE HOTEL properties. (Colfax & Hill and LaSalle Hotel) C. Airport Economic Development Area (1) Resolution No. 2601 approving the transfer of real property to the City of South Bend, Indiana. (Underground Pipe & Valve) Mr. Meteiver noted that Resolution No. 2601 transfers a 40 foot ship of land along Cotter St. and also a drainage easement at the southwest corner of Prairie and Cotter. pursuant to a reconstruction easement accomplished by the Board of Public Works along Cotter Street. The drainage easement is conveyed so that the Board of Public Works can control the drainage issues around the area. The Board of Public Works will consider a similar resolution accepting the transfer and easement. 12 South Bend Redevelopment Commission Regular Meeting -September 18, 2009 6. NEW BUSINESS (CONT.) C. Airport Economic Development Area (1) continued... Upon a motion by Ms. King, seconded by Mr. Varner and unanimously carried, the Commission approved Resolution No. 2601 approving the transfer of real property to the City of South Bend, Indiana. (Underground Pipe & Valve) (2) Lease Termination Agreement (SASCO) Mr. Inks noted that this agreement will be between the Redevelopment Commission and Teachers Credit Union. It pertains to 410 W. Sample St, the former Studebaker Engineering Bldg #92 at the southwest corner of Franklin and Sample which was originally leased to Studebaker Autoparts Sales Coip. (SASCO) on 1/7/00. TCU previously notified the Redevelopment Commission of its intent to sell the assets of SASCO on 9/15/09. TCU has also taken over the lease for this property via the Collateral Assignment of Lease. The Lease has a tens of 10 years (ending 1/7/10), but has two five year renewal options. In order to vacate the property for demolition in preparation for Ignition Park it is necessary to buy out the remaining tens of the Lease. The economic value of the Lease can be determined by calculating the discounted value of a market lease rate for ten years, less the actual lease rate discounted for 10 years. A market lease rate for cold storage could range from $1 to $3 per square foot, according to CB Richard Ellis. The staff is COMMISSION APPROVED RESOLUTION NO. 2601 APPROVING THE TRANSFER OF REAL PROPERTY TO THE CITY OF SOUTH BEND, INDIANA. (UNDERGROUND PIPEBz VALVE 13 South Bend Redevelopment Commission Regular Meeting -September 18, 2009 6. NEW BUSINESS (CONT.) C. Airport Economic Development Area (2) ~ continued... recommending a lease rate of $.75 less than CB Richard Ellis's because the building is so chopped up, and has other disadvantages. The cur-ent lease rate being charged is $1,200 per year. At a 10% discount rate for l 0.25 years of the remaining lease term, the economic value of the Lease is about $965,000. The fee negotiated with TCU for the Lease Termination is $686,000. This fee covers the maximum liability of Redevelopment to TCU, including all costs of relocation. Relocation costs to TCU could exceed the $686,000 based on two estimates obtained fi-om moving companies. Day Machinery Movers provided an estimate of $1,055,000 and Clover Machinery Movers estimated $686,000. The Lease Termination Agreement requires TCU to exercise good faith in making sure the maximum amount of parts is moved prior to the Lease Termination date. Under the Lease Termination Agreement TCU will have possession of the building until 1/31/10, giving them time to arrange for a sale and relocation of the assets, primarily the parts inventory. Staff recommends the Commission approve the Lease Termination Agreement and related fee of $686,000. Mr. Varner said he is having a hard time accepting a $1200/yr lease as a $686,000 14 South Bend Redevelopment Commission Regular Meeting -September 18, 2009 6. NEW BUSINESS (CONT.) C. Airport Economic Development Area (2) continued... liability. If this is a payment to TCU for moving, he thinks we need to do a little more research and get those numbers down. Mr. Varner also noted that the lease is in default. He wondered how you can make a 10-yr extension when the lease is in default. He thinks the city has done enough to preserve those parts. What began with the best of intentions has blown up in our face. He believes our paying TCU $686,000 is excessive. Mr. Inks responded that to tl~e Commission the lease has a $1200 annual value. To the Lessee, though, should they need to move from the building, they would need to pay market rate anyplace else. Our goal is to try and make this building available for demolition early in 2010. It would be combined in a demolition package with Underground Pipe and Valve to try to achieve some economies. The Ignition Park project cannot proceed with development while either of those two buildings remains on the site. The vibrations from those demolitions would be disruptive to any high tech businesses in Ignition Park. In an effort to vacate that building, it is necessary to have those parts moved. That means someone will have to pay market rate instead of the highly subsidized rate that is being provided today. The economic value of that is accurate in tel7ns of $965,000. Our efforts all along have been to try and preserve the legacy of Studebaker, the auto parts that were available, and this would be the final effort of IS South Bend Redevelopment Commission Regular Meeting -September 18, 2009 6. NEW BUSINESS (CONT.) C. Airport Economic Development Area (2) continued... the City of South Bend in that regard. We have been clear that we want them moved outside of redevelopment areas. The last thing we want to do is move these parts to an area we have continued interest in operating and have to move them again. That will not be the case here. Mr. Varner said his objection was not to the project, but the cost. He thinks there's room for negotiation of the price if the lease can't be rolled over because it is in default. He thinks the city owes it to itself to have that discussion. He does not feel the Commission is obligated to honor a commitment from eight years ago that was never put into writing. Ms. Jones asked whether legal counsel had reviewed the agreement to determine whether the city can extend a lease that is in default. Mr. Leone said they had not. Ms. King said she is not opposed to the Termination Agreement as it is written. She understands that the value of the inventory is minimal. And she agrees that there is a major public relations issue if we don't protect the parts. She asked if demolition costs would be more if the parts were part of demolition. Mr. Inks responded that there would be additional cost, but not very much. Mr. Varner said he understands there would be people who would be very upset over the destruction of the parts, but he feels the city 16 South Bend Redevelopment Commission Regular Meeting -September 18, 2009 6. NEW BUSINESS (CONT.) C. Airport Economic Development Area (2) continued... has been very generous over the last ten years to remedy that. Sometimes we have to let the market determine what the value is. Mr. Varner asked if staff had considered the scrap value of the parts. Mr. Inks said that they have. The estimate was about $36,000. Ms. Jones and Ms. King said they were not comfortable going forward if legal counsel had not reviewed the Lease Termination Agreement. They asked that the item be tabled. Upon a motion by Mr. Varner, seconded by CoMmissiorv r,aB~e~ iTeM 6.C.(2) Mr. Alford and unanimously car•ied, the Commission tabled item 6.C.(2) D. West Washington-Chapin Development Area There was no business in the West Washington- Chapin Development Area. E. South Side Development Area There was no business in the South Side Development Area. F. Northeast Neighborhood Development Area There was no business in the Northeast Neighborhood Development Area. G. Douglas Road Economic Development Area There was no business in the Douglas Road Economic Development Area. 17 South Bend Redevelopment Commission Regular Meeting September 18, 2009 H. Ratification of Temporary Use Agreements Use/Agency Lot Event Dates of Use The Public Education St. Joseph Surface Parking Towne Truck Pull October 10, 2009 Foundation Lot Downtown South Bend Inc. LaSalle Hotel First Fridays October 1 & 2, 2009 November 5 & 6, 2009 Downtown South Bend Inc. LaSalle Hotel Art Beat September 25 & 26, 2009 Downtown South Bend Inc. The former Rink site at Art Beat September 25 & 26, 216-288 Sycamore and 2009 305 E. Colfax Av. Mr. Inks noted that as a part of using the LaSalle Hotel for First Fridays and Art Beat staff solicited a proposal for cleanup of the lobby area to make it presentable for those events. The cost will be $4,630. Staff also requests approval of that proposal. Upon a motion by Mr. Varner, seconded by Ms. King and unanimously carried, the Commission ratified the Temporary Use Agreements approved by staff since September 4, 2009. Upon a motion by Mr. Varner, seconded by Ms. King and unanimously carried, the Commission approved the proposal in the amount of $4,630 for cleanup of the lobby of the LaSalle Hotel. 7. PROGRESS REPORTS Mr. Inks noted that the Commission is expecting to receive proposals for management of the Blackthorn Golf Course on October 2. There were several parties interested in making a proposal. Staff put together an information packet for them, including pricing during the regular season, a membership list, the outstanding bonds and the lease payments on those, three years of historical financial information, a copy of the current management agreement with Meadowbrook Golf, a 18 THE COMMISSION RATIFIED THE TEMPORARY USE AGREEMENTS APPROVED BY STAFF SINCE SEPTEMBER 4.2009 COMMISSION APPROVED THE PROPOSAL IN THE AMOUNT OF $4,630 FOR CLEANUP OF THE LOBBY OF THE LASALLE HOTEL PROGRESS REPORTS South Bend Redevelopment Connnission Regular Meeting -September 18, 2009 7. PROGRESS REPORTS (CONT.) revenue and expense statement for the last three years, and a business plan for 2009 that was approved by the Commission. He made copies of those information packets for the Commissioners. 8. NEXT COMMISSION MEETING The next meeting of the Redevelopment Commission is NEXT COMMISSION MEETING scheduled for Friday, October 2, 2009 at 10:00 a.m. 9. ADJOURNMENT There being no further business to come before the ADJOURNMENT Redevelopment Commission, the meeting was adjourned at 10:58 a.m. Donald E. Inks, Director 19