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MINUTES OF MEETING
JEFFERSONVILLE REDEVELOPMENT COMMISSION
Wednesday, February 27, 2002
The Jeffersonville Redevelopment Commission met on Wednesday, February 27,
2002 in the Mayor's Conference Room, Fourth Floor, 501 E. Court Avenue,
Jeffersonville, Indiana. The following were present:
Barry Cahill, Vice President
Nathan Samuel, Secretary
Edward Zastawny, Commission Member
Kyle Williams, Commission Member
STAFF:
David C. Duggins, Jr., Redevelopment Director
Mary Sue Ellenbrand, Assistant to Director
Kathy Haller, Consultant
Anne Marie Galligan, City Attorney
ABSENT: Robert Campbell, Jr., President
CALL TO ORDER:
Vice- President Barry Cahill called the meeting to order at 5:38 PM.
APPROVAL OF MINUTES:
^r
Vice-President Cahill asked for any additions or corrections to the minutes of the
January 29, 2002 meeting. Hearing none Mr. Samuel made a motion to approve the
December 13, 2001 minutes. Mr. Williams seconded. Motion passed.
TREASURER'S REPORT:
Mr. Duggins passed out copies of the Balance Sheet. Assets total $1,034,587.57.
Mr. Duggins then passed out the Income Statement for the month ending January 31,
2002 at which time he brought the Commissioner's attention to the Miscellaneous
Income. This income is from the Owner Occupied Rehab Grant and is from a forgivable
loan. Mr. Williams made a motion to approve the Treasurer's Report. Mr. Samuel
seconded. Motion passed.
Mr. Duggins passed out copies of the Budget for the twelve months ending December
31, 2002. The Quartermaster Rental Income has been changed from $30,000.00 to
$100,000.00 due to the continued receipts. Miscellaneous Expenses was changed to
$1,000.00 from $500.00. Miscellaneous Income was changed from $2,000.00 to
$6,000.00. Mr. Zastawny made a motion to approve the 2002 Budget. Mr. Samuel
seconded. Motion carried.
CLAIMS:
OPERATING:
Mr. Duggins presented Operating Claims for February 2002,'totaling $9-1,113.25. Mr.
Samuel made a motion to approve the February 2002 Operating Claims. Mr. Zas#,3wny ~.
seconded. Motion carried. ' _ ~ ~_
GRANT:
I~~ir. Duggins presented a Grant Claim for February 2002 totaling $7,429.44. This
claim was for Beth Nova, LLC. This money represented the unexpended balance of the
local match that Beth Nova contributed for the Grant. Mr. Samuel made`a motion to
approve the Grant Claims. Mr. Zastawny seconded. Motion carried
QUARTERMASTER DEPOT UPDATE:
Mr. Duggins reported that March 20, 2002 was the deadline for the Housing Tax
Credits. Mr. Fred Straub and Mr. Roger Hughes.met February 25, 2002 with the Indiana
Housing Finance and Historic Boazd. The Heritage Group now proposes to build 140
units, 20% will be 3 bedrooms, 50% 2 bedrooms and 30% 1 bedroom. The front of the
project will be commercial. There will be mix of one and two story buildings. There aze
some metal buildings that the Historic Boazd feels needs to be kept and not tom down.
There will be a special Planning and Zoning meeting on Monday, March 18 at 12:00
noon to request a change of zoning.
GATEWAY UPDATE:
Mr. Duggins reported that the properties on 10~' Street have been purchased. To date
three houses have been purchased. Uncle Miltie's property, 940 Walnut Street, on the
right side of 10~' Street will be the only property purchased on that side of the street.
LJ
J. W. Lopp, of J W Lopp Commercial Real Estate Co., has contacted Glenn Lewis
regazding the two pieces of property adjacent to Pet Paradise. A small piece of the Pet
Pazadise property will need to be purchased from the City to squaze up the property so
that a three story Hilton Gardens Hotel could be built.
PROJECT UPDATE:
Ms. Haller passed out copies of the Project Update Report. Ms. Haller reported that
the Riverfront Office Condos aze 96% complete. The Court Avenue Extension has
secured approval of plans by INDOT. The City anticipates being able to bid the project
by June 2002.
Mr. Williams reported that the Louisville Water Company has chosen not to pursue a
lease on the wells at INAAP. ~ . _ ; ,
ADJOi;fRNMENT:
Mr. Cahill asked if there was any additional business. Hearing none Mr. Williams
made a motion to adjourn the meeting. Mr. Zastawny seconded. Motion carried.
APPROVED:
Robert Campbell,
N
PROJECT DEVELOPMENT UPDATE
Intercity Road Bridge Project: Engineering plans are 99% complete. Ready to submit to INDOT. July
letting anticipated for the road and bridge project. Property acquisition: proceeding with condemnation with
trustees of church.
Vogt Valve Project: Nothing new to report at this time.
Northshore Development: Ceridian did not work out. Oncology group is interested in second floor. NIRI
group in interested in remaining square footage on first floor. Looking at Veriwn group for rooftop towers and
renting some space in basement. Vision Plus has moved in. Union Planters has not yet moved in. NS still
renting. Will still have 4,300 sq fl remaining on the second floor.
Urban Enterprise Zone: Refer to David's report.
Court Avenue Extension: Have secured approval of plans by INDOT. Awaiting signature process at the
state level. Anticipate being able to bid the project around the first part of June 2002.
Beth Nova Tube L.L.C.: No report at this time.
INAAP: Nothing new to report at this time.
Riverfront Office Condos (North Shore Office Park): Project is 95% complete. Small items need
to be completed, as well as a gas line issue that is close to resolution. Parking lot will go down in 2
weeks. Landscaping should be installed shortly. Sidewalks are poured and curbs. Close on a couple
deals for prospective clients.
Quartermaster Depot: Working on the details of contract with Heritage Foundation.
Pearl Street Redevelopment: Houses on Pearl Street are under construction.
Terrace Lawn Barge: Preparing to submit a grant to the Clark Floyd Counties Convention and Tourism
Bureau for $325,000 to acquire two barges to modify as a floating stage with a protective shell.
M:~Katby~DOR reporis~02-Feb pojact updatedoc