HomeMy WebLinkAbout11-25-2003
MINUTES OF MEETING
JEFFERSONVILLE REDEVELOPMENT COMMISSION
Tuesday November 25, 2003
The Jeffersonville Redevelopment Commission met on Tuesday, November 25, 2003
in the Mayor's Conference Room, Fourth Floor, 501 E. Court Avenue, Jeffersonville,
Indiana. The following were present:
Barry Cahill, President
Ed Zastawny, Secretary/Treasurer
Kyle Williams, Vice President
Ron Ellis, Member
Les Merkley
STAFF:
Gayle Robinson, Director
Kathy Haller, Consultant
Mary Sue Ellenbrand, Assistant to Director
Anne Marie Galligan, City Attorney
CALL TO ORDER:
President Barry Cahill called the meeting to order at 4:00 PM
MINUTES:
Mr. Cahill asked for any additions or corrections to the minutes of the October 29,
2003 meeting. Hearing none Mr. Merkley made a motion to approve the minutes for the
October 29, 2003 meeting. Mr. Williams seconded. Motion carried.
CLAIMS:
Mr. Cahill presented the Operating Claims for the month of November 2003
totaling$7,469.28. Mr. Cahill questioned whether the City Council or the Redevelopment
Commissioners should approve TIF claims. Mr. Merkley stated that the claims have
always been approved by the City Council. In the future a list of TIF claims will be
brought to the meetings for the Commissioners information.
`' TREASURER'S REPORT:
Mr. Robinson presented the Balance Sheet and Income Statement for October 2003.
Total Assets for October 2003 was $2,012,471.41. Mr. Cahill informed Mr. Robinson
under Liabilities and Capital, Quad RFP Earnest Money, that $2,500.00 of the $5,000.00
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should be returned to the Alexander Company and the other $2,500.00 from the Heritage
Group should be deducted and transferred to Revenues -Quad Project-Earnest Money.
Mr. Williams made a motion to accept the Treasurer's Report for Audit. Mr. Merkley
seconded. Motion passed.
JEFFERSONVILLE TOWN CENTER ROAD CONSTRUCTION PROPOSAL-JORGE
LANZ:
l~Ir. Cahill reported that he has asked Mr. Lanz for more information on the
Jeffersonville Town Center. He would like to know how many committed tenants there
are, who will fiord the roads and any other information that would be helpful to the
Commissioners. Mr. Lanz will come to the next meeting and provide the information
Mr. Cahill has requested.
BULKHEAD'S SETTLEMENT AGREEMENT:
Mr. Robinson presented the Buckhead's Settlement Agreement and Release for
approval. Mr. Merkley questioned if a lawsuit has not been filed why would a settlement
agreement be approved. City Attorney Anne Marie Galligan stated that she felt the
matter should be settled, waiting for a lawsuit would not benefit the city. After
discussion a motion vas made by Mr. Zastawny and seconded by Mr. Williams to table
the approval of the Settlement Agreement until the next meeting. Motion passed.
2002 AUDIT RESOLUTION -CHECK SIGNING PROCEDURE:
Mr. Robinson presented Resolution No. 2003-R-03, A Resolution giving the
Executive Director Authority to Execute Documents. This Resolution gives the
Executive Director authority to sign checks to pay bills for operating expenses prior to
Board approval. In particular, the Executive Director may pay anything under $500.00, a
budgeted salary item or a grant without prior approval, with the provision that the grant
must be under $50,000.00 or approved by the Indiana Department of Commerce. Mr.
Williams made a motion to approve Resolution No. 2003-R-03. Mr. Zastawny seconded.
Motion passed.
RESOLUTION FOR 218 E. MARKET STREET PROPERTY:
Mr. Robinson presented Resolution No. 2003-R-02, A Resolution Giving the
Commission President Authority to Execute Documents. This Resolution authorizes
Mr. Cahill, President of the Jeffersonville Redevelopment Commission be authorized to
execute any and all documents necessary to effectuate the sale of property located at 218.
E. Market Street. Mr. Williams made a motion to approve Resolution No. 2003-R-02.
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Mr. Ellis seconded. Motion passed.
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PROJECT UPDATE REPORT: (See attached copy)
Ms. Haller passed out copies of the Project Update Report.
Mr. Robinson reported that AmeriSuites plans to build a hotel on the corner of 10`h
and Spring Streets. This development involves several local investors as North Spring
Development, LLC. The commissioners determined that anon-refundable initial deposit
of $10,000 earnest money for the first sixty (60) days is warranted, with a final $10,000
earnest money to follow for the subsequent sixty (60) day period for the approximately
$7 million project. A resolution authorizing Mr. Cahill or Mr. Zastawny to execute any
and all documents necessary to effectuate the sale of property located at the southeast
corner of Tenth and Spring Streets will be drawn up and presented at the next meeting.
Mr. Ellis made a motion to draw up a resolution for Mr. Cahill or Mr. Zastawny to
execute any and all documents necessary to effectuate the sale of property located at the
southeast corner of Tenth and Spring Streets. Mr. Williams seconded. Motion passed.
ADJOURNMENT:
Mr. Cahill asked if there vas any additional business. Hearing none Mr. Williams
made a motion to adjourn the meeting. Motion carried. The meeting was adjourned at
5:20 PM
NEXT MEETING:
Wednesday, December 17, 2003
APPROVED: ~~
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/arty C', Presi en
Kyle Williams, Vice President
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