06-12-17 Council Minutes - Laserfiche WebLink

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REGULAR MEETING JUNE 12, 2017 Representing the City Administration: Angela Kouters, Interim Chief of Staff Suzanna Fritzberg, Deputy Chief of Staff RESOLVE INTO THE COMMITTEE OF THE WHOLE At 7:35 p.m. Councilmember Karen White made a motion to resolve into the Committee of the Whole. Councilmember Dr. David Varner seconded the motion which carried by a voice vote of nine (9) ayes. Councilmember Gavin Ferlic, Chairperson,presiding. Councilmember Gavin Ferlic explained the procedures to be followed for tonight's meeting in accordance with Article 1, Section 2-11 of the South Bend Municipal Code. PUBLIC HEARINGS BILL NO. 09-17 PUBLIC HEARING ON AN ORDINANCE AMENDING THE ZONING ORDINANCE FOR PROPERTY LOCATED AT 1237 & 1303 IRONWOOD DRIVE, COUNCILMANIC DISTRICT NO. 4 IN THE CITY OF SOUTH BEND, INDIANA Councilmember John Voorde made a motion to continue Bill No. 09-17 until July 2411, 2017. Councilmember Oliver Davis seconded the motion which carried by a voice vote of nine (9) ayes. 32-17 PUBLIC HEARING ON AN ORDINANCE OF THE COMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA AUTHORIZING THE CITY OF SOUTH BEND, INDIANA TO ISSUE ITS "TAXABLE ECONOMIC DEVELOPMENT REVENUE BONDS, SERIES 2017 (STUDEBAKER PROJECT)" AND APPROVING AND AUTHORIZING OTHER ACTIONS IN RESPECT THERETO Councilmember Gavin Ferlic, Chair of the Community Investment Committee, reported that they met this afternoon and send this bill forward with a favorable recommendation. James Mueller, Executive Director of the Department of Community Investment, with offices on the 14th Floor of the County-City Building, South Bend, IN, served as the presenter of this bill. Mr. Mueller stated, It's an exciting day for the Renaissance District. This is the final stop to unlock financing for the transformation of the fagade of Building 84, which is a fixture of downtown. This is the final piece of the economic development agreement that the City entered into back in 2012. Since then, the developer has met and exceeded the timeframe for investing his promised $10,000,000 into the area. At this time, this is the last piece of$3,500,000 of River West TIF dollars to go into the project to be matched by $3,500,000 of Regional Cities dollars, and the remainder being the primary investment. Part of the agreement was to increase the number of big-paying jobs to one-hundred and thirty(13 0) from forty (40) and, as I said before, the $10,000,000 investment. This being the time heretofore set for the Public Hearing on the above bill, proponents and opponents were given an opportunity to be heard. Those wishing to speak in favor of this bill: Lou Pierce, 16800 Hidden Valley Drive, Granger, IN, stated he is excited to see what has been happening in the Renaissance District. Mr. Pierce stated, This may surprise people, but next time you're driving from Chicago back into South Bend, take a good look at the skyline. You're probably used to seeing the Golden Dome and the Chase Building a few miles out. If you really look hard—and it shouldn't be that hard—the biggest thing on the horizon is Building 84. It's the largest building in Northern Indiana, but we've all learned to blot it out because it's a blight. A 5