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HomeMy WebLinkAbout07-31-2002i~ MINUTES OF MEETING JEFFERSONVILLE REDEVELOPMENT COMMISSION Wednesday, July 31, 2002 The Jeffersonville Redevelopment Commission met on Wednesday July 31, 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 Ed Zastawny, Commission Member STAFF: David C. Duggins, Jr., Redevelopment Director Mary Sue Ellenbrand, Assistant to Director Kathy Haller, Consultant , Paul Wheatley, Intern ABSENT: Robert Campbell, President, Kyle Williams, Member CALL TO ORDER: Vice President Barry Cahill called the meeting to order at 5:45 PM. QUADRANGLE UPDATE: Mr. Fred Straub of the Heritage Group reported that they are investigating the scoring of the application for Federal Low-Income Housing Tax Credits and are disputing the Indiana Housing Finance Authority's scoring on both the tax credit application and the tax -exempt bond application. Mr. Straub reported they are pursuing two other avenues for funding and moving forward with Architectural Plans and Specs. Mr. Straub plans to submit for Section 108 Loan Guarantee and has scheduled a meeting with Chuck Martindale of IDOC. Ms. Haller reported that Section 106 Historic Review was submitted in late June 2002. A response should be received in the next two weeks. APPROVAL OF MINUTES: Mr. Cahill asked for any additions or corrections to the minutes of the June 26, 2002 meeting. Mr. Samuel made a motion to accept the minutes of the June 26, 2002 meeting. Mr. Zastawny seconded. Motion carried. TREASURER'S REPORT: Mr. Duggins reported Total Assets of $2,140,185.87. The Tax Increment Finance accounts were presented to the Commission. A motion was made to approve for audit by Mr. Samuel. Mr. Zastawny seconded. Motion passed. CLAIMS: OPERATING CLAIMS: Mr. Duggins presented Operating Claims totaling $9,650.07. Mr. Zastawny made a motion to approve the Operating Claims. Mr. Samuels seconded. Motion passed unanimously. - GRANT CLAIMS: Mr. Duggins presented Grant Claims in the amount of $12,831.00. Mr. Samuel made a motion to approve the Grant Claims. Mr. Zastawny seconded. Motion carved. DISCUSSION OF RIVERFRONT DEVELOPMENT AREA ISSUES: Mr. Duggins reported that the closing on the Virginia Paddocks property took place in July. The closing price was $76,500.00. The Historic Landmark Foundation is trying to secure funding to move the house to Chestnut Street. The Public Hearing to continue the Riverfront Development Area to Locust Street; including both sides of the floodwall, will be held before the next meeting. The hearing could not be held this month due to the drawings not being ready. GATEWAY UPDATE: Mr. Duggins reported the formal appraisals have been done for the Tenth Street reconstruction. If Mr. Glen Lewis, owner of the remaining property, does not reach a suitable settlement with the City, the Board of Public Works will condemn the property. PROJECT UPDATE REPORT: (See attached sheet) Ms. Haller presented the Project Update Report. Ms. Haller reported that the grant for the Fire Truck has been approved. Ms. Haller presented a letter from Big Brothers Big Sisters of Kentuckiana thanking her for helping them to prepare a request to the Indiana Department of Commerce for its Neighborhood Assistance Program (NAP). They were awarded $15,000.00. ADJOURNMENT: Mr. Cahill asked if there was any additional business. Hearing none Mr. Samuel made a motion to adjourn the meeting. Motion carried. Meeting adjourned at 6:30 PM APPROVED: Nat an Samuel, Secretary