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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. ~ ~ ~ ~~ ~obert E. CampD~(I, Jr., esid t ~ -~ ~~Frgiz~