HomeMy WebLinkAbout04-25-2001MINUTES OF REGULAR MEETING
JEFFERSONVILLE REDEVELOPMENT COMMISSION
Wednesday, April 25, 2001
The Jeffersonv 25 R O 1 u°the Mayorms Csonference Room, Fourth Floor, 501 E. Court
Wednesday, April ,
Avenue, Jeffersonville, Indiana. The following were present:
Robert E. Campbell, Jr., President
Nathan Samuel, Secretary
Ed. Zastawny, Commission Member
Kyle Williams, Commission Member
STAFF MEMBERS:
David C. Duggins, Jr., Redevelopment Director
Anne Marie Galligan, City Attorney
Mary Sue Ellenbrand, Assistant to Director
ABSENT`.
Barry Cahill, Vice President
Kathy Haller, Consultant
President Robert E. Campbell, Jr. called the meeting to order at 5:30 PM.
APPROVAL OF MINUTES:
President Campbell asked for additions or corrections to the minutes of the March 28,
2001 meeting. Hearing none Mr. Samuel made a motion to accept the minutes as read,
Mr. Cahill seconded. Motion carried.
TREASURER'S REPORT:
Mr. Duggins presented the Treasurer's Report. The rent overage for Kingfish was
received. The total was $7,358.76. The rent overage for Buckhead's was $47,172.46 and
Rocky's was $12,966.43. Mr. Williams made a motion to accept the Treasurer's Report,
Mr. Samuel seconded. Motion carried.
OPERATING CLAIMS:
Mr. Duggins presented Operating Claims for April 2001 totaling $4,570.18. Mr.
Zastawny made a motion to accept the Operating Claims for Apri12001. Mr. Williams
seconded. Motion carried.
GRANT CLAIMS:
Mr. Duggins presented Grant Claims for April 2001 totaling $88,178.68. Mr. Duggins
noted that The Flint Group was approved in March for payment and should not be
included in the April claims. Mr. Samuel made a motion to approve the Grant Claims for
April. Mr. Zastawny seconded. Motion carried.
TIF ACCOUNT SEPARATION DISCUSSION:
Mr. Duggins passed out copies of the TIF District Analysis prepared by Crowe,
Chizek and Company LLP. This is an analysis of the City's tax increment history for the
years of pay 1997 through pay 2000. The purpose of this report is to evaluate and
determine Tax Increment Financing revenues generated in each TIF District and estimate
TIF revenues, which would be available from the collections of real property taxes on
assessed value currently in the various TIF areas. This document will help separate the
funds into appropriate allocation areas.
PROJECTS IN ALLOCATION AREAS (WORK SESSION SCHEDULE)
Mr. Duggins reported a work session on projects in allocation areas would take place
at the regular Redevelopment Commission meeting on May 30, 2001. Crowe, Chizek
and Company LLP will give a presentation at this meeting. Due to the presentation this
meeting will run longer than most meetings.
GATEWAY PROPERTY UPDATE:
Mr. Duggins reported that Mr. John Lopp of J. W. Lopp Associates has stated that the
Hilton Hotel Corporation has shown interest in locating on property in the Gateway
Project.
The owner of the property at 1035 Spring Street is interested in selling the property.
Mr. Duggins is in discussion with Clark Memorial Hospital. The hospital may be
interested in purchasing this property. Mr. Lynn Bell of Integra, Chapman and Bell, will
appraise the property.
Mr. Duggins passed out a copy of a study by Koetter Construction on the space
requirements for a new city hall. The total square feet needed would be 40,000. This
includes future growth of 20%. This information will be used in determining the use of
existing structures or the construction of new.
JUEA UPDATE:
Mr. Duggins reported that the invoices for Urban Enterprise Companies have been
mailed. The invoices came to a total of $670,000.00.
The deeds for Pearl Street Properties are in the process of being drawn up. The
Jeffersonville Housing Services will then begin building single family homes on the
property. A CFF Grant has been applied for which will help with the project.
PROJECT UPDATE REPORT:
Mr. Duggins passed out a copy of the Project Update report. Mr. Duggins pointed out
that the Hometown Indiana Grant (Terraced Lawn project-IDNR) received a check on
April 18, 2001 for $100,000.00 from the Indiana Department of Natural Resources. The
Project is now complete.
ADJOLfRNMENT:
Mr.Campbell asked for a motion to adjourn the meeting. Mr. Samuel made a motion
to adjourn the meeting. Mr. Williams seconded. Meeting was adjourned at 6:55 PM.
APPROVED:
Robert E. Campbell, Jr., President
Nathan Samuel, Secretary