HomeMy WebLinkAbout02-26-2003~.
MINUTES OF MEETING
JEFFERSONVILLE REDEVELOPMENT COMMISSION
Wednesday, Febntary 26, 2003
The Jeffersonville Redevelopment Commission met on Wednesday, Febniary 26,
2003 in the Mayor's Conference Room, Fourth Floor, 501 E. Court Avenue,
Jeffersonville, Indiana. The following were present:
Barry Cahill, Vice President
Kyle tiVilliams, Commission Member
Ron Ellis, Commission Member
Ed Zastawny, Commission Member
Les Merkley, Commission Member
STAFF:
Gayle Robinson, Director of Redevelopment
Maiy Sue Ellenbrand, Assistant to Director
Kathy Haller, Consultant
Anne Marie Galligan, City Attorney
Thomas Galligan, Mayor
GUESTS:
Mark D. Millet, Vice President/General Manager Steel Dynamics, Inc.
Dick Fos, Attorney for Steel Dynamics, Inc.
Spencer Harmon, Attorney for Stites and Harbison
CALL TO ORDER:
Vice President Barry Cahill called the meeting to order at 5:35 PM
ELECTION OF OFFICERS:
Mr. Cahill opened the floor for nominations for election of officers. Mr. Williams
made a motion to nominate Mr. Cahill for President. Mr. Zasta~vny seconded the
nomination. A vote was taken to approve the nomination. Motion passed unanimously
by all five Commissioners.
Mr. Zastawny nominated Mr. Williams for Vice-President. Mr. Merkley seconded the
nomination. A vote was taken to approve the nomination. Motion passed unanimously
by all five Commissioners.
Mr. Williams nominated Mr. Zastawny for Secretary/Treasurer. Mr. Merkely
seconded the nomination. A vote was taken to approve the nomination. Motion passed
unanimously by all five Commissioners.
STEEL DYNAMICS PRESENTATION:
Mr. Mark Millett, Vice President/General Manager of Steel Dynamics, Inc. made a
presentation. Steel Dynamics will be moving into the Galvpro building in the Clark
Maritime Center. Keith Busse, Mark Millett and Richard Teets, Jr founded steel
Dynamics in 1993. They are located in Columbia City, Indiana and produce beams,
pilings and rails. Approximately 50 employees will be hired with excellent wages and
benefits. The company plans to be running by August 1, 2003.
Mr. Dick Fox, Attorney for Steel Dynamics asked the Redevelopment Commission for
the following Resolution:
RESOLUTION 2003-1
A RESOLUTION CONSENTING TO THE ASSIGNMENT BY GALVPRO II,
LLC OF ITS SUBLEASE WITH THE JEFFERSONVILLE REDEVELOPMENT
COMMISSION TO STEEL DYNAMICS, INC.; AUTHORIZING THE EXECUTION,
DELIVERY AND PERFORMANCE OF A CONSENT AND AGREEMENT, ANON-
DISTURBAI~'CE AND ATTORNMENT AGREEMENT AND RELATED
DOCUMENTS WITH RESPECT TO SUCH ASSIGNMENT; AND APPROVING AND
AUTHORIZING OTHER ACTIONS IN RESPECT THERETO:
A motion was made by Mr. Williams and seconded by Mr. Ellis to approve Resolution
2003-1. Motion passed unanimously.
APPROVAL OF MINUTES:
Mr. Cahill asked for any additions or corrections to the minutes of the January 29,
2003 meeting. Hearing none, Mr. Williams made a motion to approve the minutes of the
January 29, 2003 meeting. Mr. Merkley seconded. Motion carried unanimously.
TREASURER'S REPORT:
Mr. Robinson presented the Treasurer's Report with a balance of $82,272.16 as of
January 31, 2003. Mr. Zastawny questioned if there were any financial members on the
Quadrangle. Mr. Robinson reported that the income vas approximately $160,000.00 and
expenses were approximately $51,000.00. Mr. Merkley made a motion to accept the
Treasurer's Report for Audit. Mr. Williams seconded. Motion carried.
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CLAIMS:
OPERATING CLAIMS:
Mr. Robinson presented Operating Claims totaling $26,028.68. Mr. Robinson
reported that Claim No. 2 and 19 would be reimbursed from the Connor Estate. These
bills were for clean up for the Quadrangle. Mr. Zastawny made a motion to approve the
Operating Claims for Febniary 2003. Mr. Merlcley seconded. The motion passed
unanimously
PROJECT UPDATE REPORT:(See attached sheet)
Iti1s. Haller passed out copies of the Project Update Report.
ADJOURNMENT:
Mr. Cahill asked if there vas any additional business. Hearing none Mr. Williams
made a motion to adjourn the meeting. Motion carried.
APPROVED:
illiams, Vice President
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