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10-14-13 Common Council Meeting Minutes
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10-14-13 Common Council Meeting Minutes
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REGULAR MEETING OCTOBER 14, 2013 <br /> <br /> <br /> <br /> <br />what was asked by Mr. Shabazz, I think he was asking for 2% to 3%, so therefore, you are <br />asking more than what he was even asking and so I am glad to hear that and looking forward to <br />th <br />seeing that on the 28 of October in the Memorandum of Understanding. <br /> <br />Karen Ainsley: Perfect. Yeah I think that there might have been some miscommunication <br />because we were kind of caught off guard when that agreement came forward. And so, you <br />know hopefully we can continue that conversation and of course we will commit to that 4%. <br /> <br />Councilmember Varner: When people talk about the things that the Council has to consider, we <br />need to consider, we should consider one of the things that we all say is particularly more the <br />dollars or private dollars as opposed to grants or money in the form of economic development <br />dollars perhaps from the city’s funds or things like that. The less the city puts into it I think the <br />less restriction we should place on the development process itself. So, I think that it is great that <br />there’s a voluntary effort which I am glad that the ICDA whatever it was has made it a category. <br />I think that it will be appreciated by folks that are looking for that sort of support and to the <br />extent it can be actually more if that is possible. I think that is great and I think if and when it <br />happens, I would like to hear back that it did happen. I would hope that you are able to do that <br />and I wish you well. <br /> <br />Councilmember Dr. Fred Ferlic: This is basically a private venture with non-city funds. The <br />government does a good job on what the government does with quality of life issues, water, and <br />sewer. The government does not do a good job when they start putting criteria and quotas on <br />things as far as private businesses. That’s one of the reasons why we don’t have the private <br />business development in South Bend like other cities do. So I applaud you for what you are <br />doing and thank you very much for creating jobs and a creating private investment in our city. <br /> <br />Councilmember Schey: Sure, I have a couple of things. First of all, in terms of the commitment <br />is it a good faith effort commitment or is it a written documented. <br /> <br />Nick Surak: When we check that box on the application that is something that we have submit <br />paperwork to the ICDA, to prove that we did what we did. When they come back to inspect and <br />audit that to make sure that we did. And if we did not, then you don’t get it, you basically built <br />something without any tax credits and then we are going to be writing a seven figure check to <br />our equity partner which we don’t want to happen. <br /> <br />Councilmember Schey: So, I ask this question because there are a number legal documents that <br />the city has to abide by on different projects and what we refer to as the bidder’s affidavit in <br />terms of inclusion in the project it’s simple a good faith effort which I’m always leery of because <br />in certain situations if I were to tell the IRS, I am going to make a good faith effort to pay my <br />taxes, that probably wouldn’t fly. So, this is more than a good faith effort, this is a concrete <br />commitment to the 4%. <br /> <br />Nick Surak: Yes, it is. The ICDA looks at anything you say you are going to do in your <br />application and you are going to be held responsible for, and so that extends to a whole different <br />variety of things. Say in terms of accessible features, we might say we going to include and have <br />a roof top (inaudible) you can’t just change your mind down the road and say you know we <br />meant to but. <br /> <br />Councilmember Schey: So, in terms of is it your cooperation that is an Indiana Certified Owned <br />Business? <br /> <br />Nick Surak: Yes, the developer is and the property manager is as well. <br /> <br />Councilmember Schey: So will the fact that you are a women owned business and your <br />developer is a women owned business, will those numbers count towards this 4% goal. <br /> <br />Nick Surak: No. <br /> <br />Councilmember Schey: It will not. <br /> <br />25 <br /> <br /> <br />
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