HomeMy WebLinkAbout06-21-2004
MINUTES OF MEETING
JEFFERSONVILLE REDEVELOPMENT COMMISSION
Monday June 21, 2004
The Jeffersonville Redevelopment Commission met on Monday, June 21, 2004 at
12:00 Noon 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
Nathan Samuel, Secretary/Treasurer
Mark Pearson, Commissioner
STAFF:
James H. Becker, Interim Director of Development
Mary Sue Ellenbrand, Assistant to the Director
Kathy Haller,. Consultant
Les Merkley, City Attorney
ABSENT:
Edward Zastawny, Commissioner
CALL TO ORDER:
President Cahill called the meeting to order at 12:10 PM.
REFUNDING THE JEFFERSONVILLE REDEVELOPMENT AUTHORITY LEASE
RENTAL REFUNDING REVENUE BONDS, SERIES 1996
Mr. Merkley presented the bond papers. There will be a savings of $385,000.00 over
the life of the bond. A motion was made by Mr. Pearson and seconded by Mr. Williams
to adopt a resolution to amend the lease between The Jeffersonville Authority and the
Jeffersonville Redevelopment Commission. Motion carried unanimously.
UPDATE ON VETERAN'S PARKWAY AND CHANGE ORDER - JORGE LANZ OF
JACOBI, TOOMBS AND LANZ:
Mr. Lanz presented Change Order No. 8. Mr. Lanz passed out copies of the change
order and explained the different changes needed. Part of the changes will be made to the
U.S. 31 Bridge. Mr. Samuel made a motion to approve Change Order No. 8. Mr.
Pearson seconded. Motion carried.
MINUTES:
Mr. Becker presented the minutes from the May 28, 2004 meeting. Mr. Cahill asked
if there were any additions or corrections to the minutes. Hearing none Mr. Samuel made
a motion to approve the minutes for the May 28, 2004 meeting. Mr. Williams seconded.
Motion carried.
CLAIMS:
Mr. Becker presented claims in the amount of $17,664.00 for the month of June 2004.
Mr. Samuel made a motion to approve the claims for June 2004. Mr. Pearson seconded.
Motion carried.
TREASURER'S REPORT:
Mr. Becker presented the Treasurer's Report. The ending balance in the Operating
Fund as of May 31, 2004 was $44,412.21. Mr. Becker then presented the Balance Sheet
for, 2004. Total Liabilities and Equity was $2,056,382. Mr. Samuel made a motion to
approve the Treasurer's Report for Audit. Mr. Zastawny seconded. Motion carried.
OTHER:
Mr. Sarnuel asked Mr. Cahill about the Star of Louisville's lease. On page 7 of the
Lease under "Assignment and Subleasing", Tenant shall not assign this Lease or sublet
the Property, or any part thereof, without the prior written consent of Landlord, which
consent shall not be unreasonably withheld or delayed. Mr. Cahill felt this was too
lenient. Additional discussion will take place at a future meeting.
Mr. Merkley announced that the conference for the Glen Lewis property would take
place in September. The process is moving very slow.
ADJOURNMENT:
Mr. Cahill asked if there were any other business before the board. Hearing none Mr.
Williams made a motion to adjourn the meeting at 1:15 PM.
APPROVED:
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Ba ahill, President
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Kyle Williams, Vice President
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