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HomeMy WebLinkAbout12-21-2005 JEFFERSONVILLE REDEVELOPMENT COMMISSION MINUTES December 21, 2005 The Jeffersonville Redevelopment Commission held a Regular Meeting, Wednesday December 21, 2005 at 5:30 PM at Appleby's Restaurant, Spring Street, Jeffersonville, Indiana. The following were present: Nathan Samuel, President Mark Pearson, Vice President Tracy Farrell, Secretary/Treasurer John Perkins, Commissioner Kyle Williams, Commissioner Staff: Barry Cahill, Executive Director of Redevelopment Mary Sue Ellenbrand, Assistant to the Director Kathy Haller, Consultant Les Merkley, City Attorney Chester Hicks, Director of Planning and Zoning CALL TO ORDER: Mr. Samuel called the meeting to order at 5:40 PM. MINUTES: Mr. Cahill presented the minutes for the November 30, 2005 meeting. Mr. Samuel asked if there were any additions or corrections. Mr. Pearson made a motion to approve the minutes of the November 30, 2005 meeting. Mr. Perkins seconded. Motion carried. CLAIMS: GRANT CLAIMS: Mr. Cahill presented claims for the December 2005 Grant Account totaling $7,954.71. Mr. Williams made a motion to approve the Grant claims for December 2005. Ms. Farrell seconded. Motion carried. OPERATING CLAIMS: Mr. Cahill presented December 2005 Operating Claims totaling $42,199.17. Mr. Perkins made a motion to approve the December Operating Claims. Mr. Williams seconded. Motion carried unanimously. CITY HALL: Mr. Cahill presented claims for the City Hall Bond for December 2005. The claims were for the following: E&H Construction - $246,511.00 -construction costs. Mr. Perkins made a motion to approve the December 2005 claims totaling $246,511.00 for the City Hall Bond. Ms. Farrell seconded. Motion carried unanimously. TREASURER'S REPORT: Mr. Cahill presented the Treasurer's Report. Total Assets and Liabilities amount to $2,965,759.00 Mr. Perkins made a motion to accept the Treasurer's Report for Audit. Mr. Pearson seconded. Motion passed unanimously. TUBBY'S: Mr. Perkins reported that Mr. Muncy, owner of Tubby's, has not completed the improvements to the building at 220 Spring Street. Mr. Perkins would like to offer Mr. Muncy 10% more than the appraised value of $107,000. This is subject to acquiring a clear title. If Mr. Muncy does not accept this offer Mr. Perkins would have the City Attorney file a condemnation suit. Mr. Perkins indicated he would call a special meeting before the end of the year to bring this to a vote. Mr. Perkins indicated he would call a special meeting of the Redevelopment Commission before the end of the year to bring this to a vote. JEFFERSONVILLE TOWNE CENTER: Mr. Samuel reported that he and Mr. Williams, Ms. Farrell and Mr. Cahill met with Mr. Kent Arnold and that are no signed leases for the Center. Mr. Arnold previously needed 5 million dollars from the City but now needs $8 million. Mr. Arnold said he would be able to get signed leases if the city would commit the funds. MEDVENTURE UPDATE: Mr. Cahill reported that the bond payment would be due January 15, 2005. There will not be any technology funds for at least a year. 2 STAR UPDATE: Mr. Merkley reported that he would be pursuing legal action against the Star to enforce the litigation agreement next week. 10TH AND WALNUT STREET: Ms. Farrell reported that she called about another similar piece of property on the same side of the street as the property owned by the Redevelopment Department and that the asking price is $130,000. The board advised Mr. Cahill to inform Dr. Sheft that more research would need to be done before negotiations could be continued. PROJECT UPDATE REPORT: (See Attached Sheet) Ms. Haller presented the Project Update Report. ADJOURNMENT: Mr. Samuel asked if there were any additional business. Hearing none Ms. Farrell made a motion to adjourn the meeting. The meeting was adjourned at 7:20 PM. APPROVED: 3