HomeMy WebLinkAbout07-01-2003 SpecialSPECIAL MEETING
REDEVELOPMENT COMMISSIONERS
July 1, 2003
The Jeffersonville Redevelopment Commissioners held a special meeting Tuesday,
July 1, 2003 at 5:30 PM in the Mayor's Fourth Floor Conference Room. This meeting
was held to hear a Proposal for the Quadrangle Project. The following were present:
Barry Dahill, President
Kyle Williams; Vice President
Ed Zastawny, Secretary/Treasurer
Les Merkley, Commission Member
Ron Ellis, Commission Member
Staff:
Gayle Robinson, Redevelopment Director
Kathy Haller, Consultant
Mary Sue Ellenbrand, Assistant to the Redevelopment Director
Thomas Galligan, Mayor
Guests:
Robert Waiz, City Council
Barbara Wilson, City Council
Paul Breckinridge Jones, Managing Partner Sun Properties
John Rulketter, Sun Properties
Kevin Burns, Architectural Investments
Amos Benjamin, Architectural Investments
SUN PROPERTIES:
Mr. Breck Jones, General Manager of Sun Properties, made a presentation to the
Commissioners of redeveloping the Quadrangle with the following terms.
*Development Entity ("Quadrangle, LP") owned:
*67% by operating partners
*33% by Jeffersonville Redevelopment Commission
*Ground lease @ $1.00 per year net net net. The parties will share & distribute all
annual cash flow
*Term: 25 years with two 25-year renewal options
Mr. Jones predicts that 180 days after the lease is signed the first tenants will take
occupancy.
A mixed-use project will be implemented consisting of:
*Specialty retail
*Professional and medical office
*Governmental office
*Assisted living and day care
*Banquet/community center
*Flex space
This project would not be contingent on City Hall being on the property.
EXPANSION OF FALLS LANDING TIF:
Ms. Haller presented the Confirmatory Resolution to approve the expansion of the
Falls Landing TIF to include an area bound by Court Avenue on the south, Sixth Street
running northwest and Broadway on the west. This area would include the new
restaurant Timothy's.
Mr. Merkley made a motion to approve the Confirmatory Resolution. Mr. Zastawny
seconded. Motion passed 4-1. Mr. Ellis opposed.
Mr. Cahill asked if there was any additional business. Hearing none Mr. Zastawny
made a motion to adjourn the meeting. Motion carried. The meeting was adjourned at
7:30 PM.
APPROVED:
MINUTES OF MEETING
JEFFERSONVILLE REDEVELOPMENT COMMISSION
Wednesday July 30, 2003
The Jeffersonville Redevelopment Commission met on Wednesday, July 30, 2003 in
the Mayor's Conference Room, Fourth Floor, 501 E. Court Avenue, Jeffersonville,
Indiana. The following were present:
Barry Cahill, President
Kyle Williams, Vice President
Ed Zastawny, Secretary/Treasurer
Les Merkley, Member
Ron Ellis, Member
STAFF:
Kathy Haller, Consultant
Mary Sue Ellenbrand, Assistant to Director
ABSENT:
Gayle Robinson, Director
GUESTS:
Nathan Samuel
Jorge- Lanz, Jacobi, Toombs and Lanz
Chris Padgett, City Planner
CALL TO ORDER:
President Barry Cahill called the meeting to order at 5:32 PM
MINUTES
Mr. Cahill asked for any additions or corrections to the minutes of the June 25, 2003,
and the Special Meeting for July 1, 2003 meeting. Hearing none Mr. Williams made a
motion to approve the minutes. Mr. Zastawny seconded. Motion carried
CLAIMS
Mr. Cahill presented the Operating Claims for the month of July 2003 totaling
$29,713.37. Mr. Merkley made a motion to approve the June 2003 claims. Mr. Ellis
seconded. Motion passed.
TREASURER'S REPORT:
Mr. Cahill presented the Balance Sheet and Income Statement for June 2003. Net
income for the month of June 2003 was $6,317.86.
VETERAN'S PARKWAY UPDATE/CHANGE ORDER: (SEE ATTACHED SHEET)
Mr. Jorge Lanz, representing Jacobi, Toombs and Lanz, presented Change Order No.
5 for Veteran's Parkway. This Change Order will cost a total of $88,452.84.
Jeffersonville's share will be $17,990.04. A T-Mobile Utility Agreement will total
$52,500 with Jeffersonville's share being $16,193.36.
Mr. Ellis made a motion to accept the change order for Utility Relocation totaling
$16,193.36. Mr. Williams seconded. Motion carried.
Mr. Zastawny made a motion to accept Change Order 5 totaling 88,452.84.
Jeffersonville's share will be $17,990.04. Mr. Ellis seconded. Motion carried.
REVIEW OF QUADRANGLE PROPOSALS:
Mr. Cahill asked the board to review proposals for the Quadrangle. The two proposals
were from:
Lakewood Properties -June 25, 2003.
Sun Properties -July 1, 2003
Mr. Merkley reported that the City Council does support the Quad renovation.
Negotiations will continue with the two companies.
Mr. Williams made a motion to table the selection of the developer for the Quadrangle
Project. Mr. Zastawny seconded. Motion carried.
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PROJECT UPDATE REPORT: (See attached copy)
Ms. Haller passed out copies of the Project Update Report. Kastle Steel will have
their ground breaking on August 8 at 11:00 AM.
Bid Openings for the Request for Proposals for professional services to repair the
roofs at the Quadrangle will be opened at 5:15 PM August 11, 2003. The $300,000.00
appropriation will be used for this project. Mr. Merkley questioned whether this money
should be spent on the roofs before we have a buyer for the Quadrangle. He feels this
money should be used as a bargaining chip.
OTHER:
Prather Paddocks House -One bid was received for the Prather Paddocks House on
Market Street. The bid was for $76,501.00 from William and Roxanne Whitaker, dba
Sweet Annie's. A motion was made by Mr. Merkley and seconded by Mr. Williams to
sell the Prather Paddocks House to Sweet Annie's for $76,501.00
ADJOURNMENT:
Mr. Cahill asked if there was any additional business. Hearing none Mr. Zastawny
made a motion to adjourn the meeting. Motion carried. The meeting was adjourned at
8:00 PM.
APPROVED:
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