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HomeMy WebLinkAbout12-01-1999 SpecialMINUTES OF SPECIAL MEETING OF THE JEFFERSONVILLE REDEVELOPMENT COMMISSION DECEMBER 1, 1999 A Special Meeting of the Jeffersonville Redevelopment Commission, ("Commission")was held on December 1, 1999 in the Mayor's Conference Room, City-County Building, 501 E. Court Avenue, Jeffersonville, Indiana, at the hour of 5:00 P.M., pursuant to notice given in accordance with the rules of the Commission and the Indiana Open Door Law. The Commission members were present or absent as stated: Present: Robert E. Campbell, President; Kyle Williams, Secretary; Barry Cahill; Nathan Samuel. Absent: Ron Grooms. A majority of the Commission members being present, President Robert Campbell presided and Kyle Williams, kept the minutes of the meeting. The Minutes of the last meeting of the Commission were read and approved. The President stated that notice of the preliminary determination hearing and the hearing on the amendment to the Riverside Landing Redevelopment Plan and to the Inner City Road Economic Development Plan had been published in The Evening News in accordance with IC 5-3-1-4. Proof of publication was presented, and upon examination was found to be in due form of law. After hearing all interested persons and following discussion by members r ~~ of the Commission, Resolution No. " `~ ` was unanimously adopted. President Campbell stated the next item on the agenda was to consider a proposed lease between the Commission and the Jeffersonville Redevelopment Authority ("Authority"). The proposed lease between the Authority and the Commission is for the lease of an aquatic center, skateboard park, water park, walking trail and improvements to Memorial Park ("Projects") in, serving or directly benefiting the Riverside Landing Redevelopment Area and the Inner City Road Economic Development Area (collectively, the "Areas") in the City. The Commission Attorney, Anne Marie Galligan presented a form of such proposed lease and stated that the lease provides for annual rentals according to a schedule attached to the lease, payable from a specific benefits tax levy. She also stated that the lease granted an option to the Commission to purchase the Projects on certain conditions after the elapse of a specified period of time, and that the lease will run for a period not to exceed twenty-two (22) years from the date of completion of the Projects. She stated that before the Commission can enter into this lease it will be necessary for the Commission to hold a public hearing on the lease. The lease was examined by all members of the Commission and its terms and provisions discussed. Commission Samuel ask how taking this action could affect the tax rate. The City Attorney advised that it is possible the tax rate would be affected but it is unlikely in this instance. Mr. McCauley advised that the tax rate for 1999 is 4.535 and it was anticipated that the tax rate would up eleven cents for the year 2000. Instead the City has been informed that the final tax rate for 2000 will be 4.43. Mr. McCauley noted that this tax rate is lower than any since 1993. On motion duly made, seconded and unanimously carried, the following Resolution was adopted: j ~yy RESOLUTION NO. Y~('I'm, WHEREAS, the Jeffersonville Redevelopment Commission, ("Commission") has established the Riverside Landing Redevelopment Area and the Inner City Road Economic Development Area (collectively, the "Areas") in order to promote redevelopment and economic development in the Areas and has adopted a Redevelopment Plan and an Economic Development Plan for the Areas (collectively, the "Plans"); and WHEREAS, plans, specifications and estimates for the cost of the completion of the construction of an aquatic center, skateboard park, water park, walking trail and improvements to Memorial Park ("Projects") in, serving or directly benefiting the Areas have been prepared; and WHEREAS, such plans and specifications have been or will be marked to indicate clearly the work covered by the proposed lease; and WHEREAS, these plans, specifications and estimates have been or will be submitted to the Commission for its approval; and WHEREAS, estimates for the Projects have been received and the cost of the Projects and incidental costs associated therewith and with the issuance of bonds to finance the Projects are not expected to exceed $4,270,000.00; and WHEREAS, a proposed lease for the Projects has been submitted to the Commission; and WHEREAS, it now appears to the Commission that the Projects are necessary to promote redevelopment and economic development in the Areas, that services provided by the Projects will serve the public purpose of the City and are in the best interests of its residents, that the execution of the proposed lease is necessary and wise, and that the proposed lease with the Jeffersonville Redevelopment Authority, as Lessor, provides for a fair and reasonable rental; NOW, THEREFORE, BE IT RESOLVED by the Commission that the terms and conditions of the proposed form of lease are approved and agreed to as the basis for a hearing, as required by law; and that such hearing should be held by the Commission on December 6, 1999 at 8:00 A.M. upon the necessity for the execution of such lease, whether the lease rentals provided therein are a fair and reasonable rental for the proposed Projects, and whether the services provided by the Projects will serve the public purpose of the City and are in the best interest of its residents, prior to final determination of such questions, so that the Commission may determine whether to execute such lease as now written, or as modified. There being no further business to come before the meeting, the meeting was adjourned at 5:25 P.M. ~ ~ .. Kyle Wrliiar'ns, ~'ecret~' Jeffersonville Redevelopment Commission <, APPROVED: u R ert E. Campbell, Jr., Pr ~ sident 'a, Jeffersonville Redeveloprm, nt Commission \1CITY SERVERI\DlxSlDomaVtetlevebpment Authority Mins. & miscVvlinutas of the Dec 1 Spl Mtg of Commission.tloc