HomeMy WebLinkAbout04-26-2000MINUTES OF REGULAR MEETING
JEFFERSONVILLE REDEVELOPMENT COMMISSION
Wednesday, April 26, 2000
The Jeffersonville Redevelopment Commission met in Regular Session
on Wednesday, April 26, 2000, at the Jeffersonville Housing Authority, 206
Eastern Blvd., Jeffersonville, Indiana. The following were present:
Robert E. Campbell, Jr., President
Barry S. Cahill, Vice President
Kyle Williams, Secretary
Nathan Samuel, Treasurer
Ed Zastawny, Commission Member
City Attorney Anne Marie Galligan
City Planner Jana Ecker
Staff Members:
Philip W. McCauley, Executive Director
David Duggins, Assistant Director
Kathy Haller, Consultant
President Robert E. Campbell, Jr. called the meeting to order at 5:08 P.M.
The President asked for additions or corrections to the minutes of the
March 29, 2000 meeting. Hearing none, motion to approve was made by Mr.
Cahill, second by Mr. Samuel, motion carried.
GATEWAY PROJECT APPRAISAL: President Campbell introduced Lin
Bell, who discussed,the appraisals for the Gateway Project. Mr. Bell stated this
was a limited appraisal on the seven parcels and he placed the value on the
total of all parcels from $1.3 million to $1.5 million. He stated there is a question
of ownership on some of the parcels, that any leases are unknown at this time,
and that all parcels were assumed to be environmentally clean. Mr. Bell's report
included a plat of the subject property, and comparable land sales of nearby
properties.
INNER CITY ROAD: Mike Waldren with Butler Fairman and Seufert gave
an engineering update on the Inner City Road bridge over Interstate 65. He
stated the Requests for Proposals for inspection services are prepared and
asked this Commission to select a date and time for the response. May 24,
2000 at 4:00 P.M. was selected. Mr. Waldren presented the list of firms and the
minority list of those who will receive the RFP's. Mr. McCauley stated he would
like to add some additional companies to the list. Motion by Mr. Williams,
second by Mr. Zastawny, to solicit proposals, motion carried.
PIGGYBACK LOT PRESENTATION: Wes Johnson and David Hardy
presented their office/condo package, stating this has been a successful concept
in the Louisville market. All brick construction will be used, with commercial-
style windows and a standing seam metal roof. The buildings are designed with
accents as used on the McCauley Nicolas Building. Each unit will have 1,000
square feet but can easily be adapted for buyers desiring more footage. The
project is designed for Building One to be constructed first, with Buildings Two
and Three thereafter. The City Attorney suggested berms and gently rolling
greenery in the landscaping. Mr. Duggins will contact QII Holdings and request
their presentation at the next Commission meeting.
Mr. McCauley reviewed the Treasurer's Report. Motion to approve by Mr.
Williams, second by Mr. Cahill, motion carried.
Mr. McCauley discussed the Operating Account showing total claims in
the amount of $43,110.73. Motion to approve by Mr. Cahill, second by Mr.
Williams, motion carried.
The Galvpro Escrow Account was presented showing total claims of
$13,078.69. Ms. Haller stated that this grant is now closed out. Motion to
approve by Mr. Cahill, second by Mr. Zastawny, motion carried.
The Grant Fund Account on the Spring Street grant was next presented,
showing total claims in the amount of $92,744.97. Ms. Haller stated that this
grant is now closed out. Motion to approve by Mr. Cahill, second by Mr.
Zastawny, motion carried.
AQUATIC CENTER ARCHITECTURAL CONTRACT: The City Attorney
advised that the Parks Board and the Board of Public Works has approved the
architectural contract with Kovert Hawkins in the amount of $87,000 and that she
now seeks ratification of the contract by this Board. Motion to ratify the
architectural contract with Kovert Hawkins by Mr. Zastawny, second by Mr.
Cahill, motion carried.
GATEWAY PROJECT UPDATE: Mr. McCauley advised that Ashvin
Pahyda has expressed interest in locating a hotel on the property. The Barrister
Group is willing to buy the Pet Paradise property but wants parcels 1, 2 and 3
given to them by the City. They are not willing to purchase that property without
knowing the environmental status of parcels 2 and 3. Ms. Ecker stated that it
would cost $150,000 to acquire the right-of-way from Pet Paradise on the Tenth
Street project. The Barrister Group is willing to donate the right-of--way value of
$150,000 to use on the Tenth Street project. It i~ passible that the area could be
set up with a TIF with no abatements offered. It vv;~~ noted that Steve Kempf is
willing to sell his parcel. Motion by Mr. Williams tQ~ommit to the concept of the
project and to move forward, second by Mr. Samuel;, motion carried.
PARKING LOT AT SPRING AND CHESTNUT STREETS: Mr. McCauley
stated it is in the best interest of the City to provide parking near the Penney
building. Max Zimmerman owns the parking lot in question, which has been
appraised at $100,000. A lease had been offered to Mr. Zimmerman at $1,000
per month with the Spring Street merchants contributing approximately $600.00
of that amount. The lease was not acceptable to Mr. Zimmerman. Dennis
Julius, one of the owners of the Penney building, has a potential buyer for the
building. The City has the ability to condemn the parking lot if that is what it
takes to get a tenant in the Penney building.
NEW INDUSTRY AT MARITIME CENTRE: Mr. McCauley stated that
BethNova, a steel manufacturer, will locate in the Maritime Centre. The Maritime
Centre has agreed to sell the land rather than lease as is their normal custom.
This is a $30 million project creating 74 new jobs. The Maritime Centre could
not sell the land for less than $35,000 per acre and purchaser could not
purchase for more than $27,000 per acre. The agreed sales price is $35,000
per acre with the city paying the difference. Motion by Mr. Williams to approve a
TIF for the Beth Nova project, second by Mr. Samuel, motion carried.
QUARTERMASTER DEPOT: Mr. McCauley stated that the
environmental study should be complete within 100-120 days. The cost to
exercise the option to purchase is $80,000 which the City would get back when it
sells its interest in the City-County Building. Three developers have expressed
an interest in the property, Neal Harding's group, the Barrister Group, and a
group from Lexington, Kentucky. Mr. McCauley would like approval to execute
the option on the property, at which time the property will be turned over to a
developer. Mr. Cahill so moved, second by Mr. Williams, motion carried.
Mr. Williams gave a brief update on the Bingham Fellows stating they had
visited Shelby and Oldham Counties in Kentucky, and American Commercial
Barge Lines and INAAP.
CLARK COUNTY RIVERFRONT DEVELOPMENT CORPORATION: Mr,
McCauley stated that the funds of the above corporation will not be coming to
the Department of Redevelopment as a new not-for-profit entity will be created..
Ms. Halter stated that. construction of the Boys and Girls Club should be
completed by July 1, 2000 with opening planned for October.
Upon motion made and seconded, the_ etin,~ adjourned at 8:20 P.M.
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~obert E. CampD~(I, Jr., esid t
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