HomeMy WebLinkAbout04-26-20094
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JEFFERSONVILLE REDE~TOS MENT COMMISSION
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Apri126, 2006
The Jeffersonville Redevelopment Commission heldCoRferelnc Reoolm, ~SOIeE Court
April 26, 2006 at 5:30 PM in the Mayor s Fourth Floo
Avenue, Jeffersonville, Indiana. The following were present:
Nathan Samuel, President
Tracy Farrell, Secretary/Treasurer
John Perkins, Commissioner
Rob Stevens, Commissioner
Staff:
Bey Cahill, Executive Director of Redevelopment
Kathy Haller, Consultant
Mary Sue Ellenbrand, Assistant to the Director
Les Merkley, City Attorney
Chester Hicks, Director of Planning and Zoning
Absent:
Kyle Williams, Vice President
CALL TO ORDER:
Mr. Samuel called the meeting to order at 5:33 PM.
RIVER FALLS MOTEL:
The following two proposals were presented for the River Falls Motel:
1. Mr. Brian Marshall, representing the Allen Firm in Louisville, Ky. Offered
$360,000 for the property. Mr. Marshall feels the property is not feasible as a
hotel and proposes 20 condominiums. Each unit twwo retal un is appro 6mat Y ft
with the south side lower level to be divided into
1,000 sq ft. each. The projected sales price Thee ro'ected reh b/budget (ext rior)
projected rehab/budget (interior) $374,000. p 000.00
$200,000.00. The total investment would be $934,
2. The Gregory Construction Group is a commdermultfamily housing pr je ts~ The
company with their main focus on single a
company is owned and operated by Dan English, Thomas English and Kevin
Gardner. The building will be completely refurbished inside and out to make two
and three bedroom luxury condos. There will be 16 units with their entrances on
the north side of the building. The condos will be presold with a discount before
construction. Once constructioneen $ 07,000 and $125,000 per nnitt The GCG
price. The condos will sell betty
proposes to offer $225,000 for the property. The GCG asks for 60 days option for
due diligence.
After hearing the proposals Mr. Perkins made a motion to take under consideration
both proposals and have a special meeting wdith the City Council on Monday, May 1,
2006. Ms. Farrell seconded. Motion pass
MINUTES:
Mr. Cahill presented minutes for the March 29, 2006 meeting. Mr. Samuel asked if
there were any additions or corrections to the 912006 meetngg Mr. Stevens se on ed e a
motion to approve the minutes of the March 2 ,
Motion carried.
CLAIMS
OPERATING:
Mr. Cahill presented the Operating claims for April 2006. Claims totaled $1,867.19.
Mr. Perkins made a motion to approve the Operating Claims for April 2006. Ms. Farrell
seconded. Motion carried unanimously.
GRANT:
There were no Grant Claims.
CITY HALL:
Mr. Cahill presented claims for City Hall totaling $165,413.00. Mr. Perkins stated
that he felt there was a problem with the ~' mafor EtH Consflru~tion ffor $149,937100nti1
this problem has been addressed that the clal
should be withheld. Claims #2 and # 3 for d #3 for DatalNetworking for $13,430 00 and
Stevens made a motion to pay Claims #2 an
$2,046.00. Mr. Perkins seconded. Motion carried.
Mr. Perkins is also concernedkhns is concerned about whoais oversee ng the project.
Construction Managers. Mr. Per
Ms. Farrell made a motion to pay E. H. Construction with the stipulation a letter be
sent to E H construction, May Waiz, The Estopinal Group and the Board of Public Works
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that the Commissioners are not happy with the drywall that the retainer will be withheld
if the drywall is not fixed. The motion failed due to the lack of a second.
After discussion it was decided to address the issue at a Special Meeting on Monday,
May 1, 2006 with the Jeffersonville City Council.
TIF:
Mr. Cahill presented claims for the following TIF Accounts:
Vogt Valve Note $250,000.00
Beth Nova Note $107,324.57
Keystone Note $150,000.00
Intercity Road -State $400,000.00
Mr. Perkins made a motion to approve the claims for the TIF Accounts. Mr. Stevens
seconded. Motion carried.
Mr. Cahill reported that he sent Mr. Ash Padya two letters to inform him that a motel
would not be permitted at the River Falls Motel property and that he would welcome any
other proposal Mr. Padya would want to make. Mr. Cahill has not received any
response.
Mr. Bryan Marshall of Cotton & Allen is interested in turning the building into
condominiums.
Mr. Perkins will meet with Mr. Padya and find out if he is interested in negotiations
with the Redevelopment Commissioners. If he is interested, negotiations will start in two
weeks with the two developers.
TENTH AND SPRING STREET:
City Attorney Les Merkley reported that a default judgment was entered into on April
22, 2006 on the Lewis property. Mr. Merkley said there would be no motion to
intervene. Mr. Perkins made a motion to authorize Mr. Cahill to represent the
Redevelopment Department if there is a Sheriffs sale. Ms. Farrell seconded. Motion
passed.
STAR LEASE:
Mr. Merkley was in the process of filing suit against the Star.
GRANT WRITER UPDATE:
Mr. Stevens and Mr. Williams met and decided the City should hire the Grant Writer.
Mr. Merkley will talk to the Mayor about hiring a City Grant Writer.
PROJECT UPDATE REPORT:
Ms. Haller presented the Project Update Report.
The Jeffboat Grant has been completed. The Ken Ellis pre bid meeting will take place
April 26, 2006.
COMMISSIONER REPORTS/CONCERNS:
Mr. Samuel asked Mr. Cahill to check on the property on Tenth Street that is for sale.
An engine repair business is located on this property.
Mr. Samuel asked Ms. Farrell to check on prices for shirts for the Commissioners.
Mr. Stevens would like the Redevelopment Commissioners to look into purchasing
Carmen Industries.
Mr.. Cahill reported that he offered to lease Dr. Sheth the property on Walnut Street
for $50.00 a month and that the property would be marketed and that he would get first
refusal.
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 8:10 PM.
APPROVED:
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