Loading...
HomeMy WebLinkAboutLANSING BUILDING AUTHORITY 1995 - Lansing B�qAuthor, kw, I r I 1995 SCHEDUI-E OF REGULAR MEETINGS LANSING BLTII-DING AUTHORITY (2ND AND 4TH THURSDAY OF EACH MONTH AT 10:00 A.M.- Except 11/24/95) TO BE IIELD IN TILE LOTH FLOOR CONFERENCE ROOM, Cr1Y HALL January 12,.1995_ July 13, 1995 January 26, 1995 C"C&Ty—�7'i99S" August 10, 1995 August 24, 1995 March 9, 1995 March 23, 1995 �LLZb September 28, 1995 ApRI--1-3-1495-- C—ANICE`gip CA►jCZLLe'b October 12, 1995 April 27, 1995 October 26, 1995 November 9, 1995 May 2i995,, 19955 No Meeting - Thanksgiving June 8, 1995 December 14, 1995 June 22, 1995 CAkir g(kd-Decetabu 28,-w93 9:L 9) -7 4=56 -2-8 A�IL b A PPO L t8 MINUTES OF AN EXECUTIVE SESSION OF THE LANSING BUILDING AUTHORITY HELD ON MARCH 9, 1995 Members Present: Lenora Jadun, Chairperson Robert Swanson, Treasurer James Smiertka, Secretary Others Present: Brian Bevez, Assistant City Attorney Bill Danhof, Miller, Canfield, Paddock & Stone Dan Danke, Transportation Division Dave Berridge, Transportation Division Denise Estee, Development Div. Kathleen Frantz, Recording Secretary Executive Session commenced at the beginning of a regular LBA meeting of March 9, 1995 for the purpose of discussing settlement of Liskey's and Black & Tan. Liskey's Denise Estee indicated that at the LBA meeting of February 28, 1995 Miller Canfield was authorized to negotiate settlement of this matter for an amount of up to $600,000. A counter-offer was made to the $600,000 offer and Liskey's is willing to accept a full settlement in the amount of $640,000.00 including attorney fees and interest. Discuss ensued regarding the history of this property and appraisals from both parties. To date LBA has paid $621,000 on this property and therefor if LBA authorizes $640,000 it would represent a total amount of $1,281,000.00. Black & Tan Robin Omer offered to make a full release and settlement at the time of the Motion for Possession for an additional $60,000. Brian Bevez indicated that since he was not able.to obtain immediate authorization from LBA, he was not able to accept or reject the offer. Jim Smiertka advised that he met with Black & Tan and they wanted a concession at the Stadium or a piece of property on the triangle lot. Discussion ensued about other locations. Brian Bevez attended the court hearing on the Motion for Possession which was granted. Therefore, LBA will take possession of the property on April 8, 1995 at 5:00 p.m. ; the Judge also granted the Writ at that time. James Smiertka moved to go out of executive session; supported by Bob Swanson; approved by 3-0 roll call vote. 1 MINUTES OF AN EXECUTIVE SESSION OF THE LANSING BUILDING AUTHORITY HELD ON FEBRUARY 28, 1995 Members Present: Lenora Jadun, Chairperson Robert Swanson, Treasurer Members Absent: James Smiertka (excused) Others Present: Dan Danke, Transportation Division Dave Berridge, Transportation Division Denise Estee, Development Div. Kathleen Frantz, Recording Secretary Executive Session commenced following the special LBA meeting of February 28, 1995 for the purpose of discussing settlement of Liskey's. Liskey's Denise Estee indicated that she is asking for authorization to settle this matter for an amount of up to $600,000. Last week she met with Miller, Canfield, et al. and reviewed Liskey's proposal which offer was for an amount of 1.6 million dollars, which did not include fixtures or attorney fees. Thereafter, Miller, Canfield attempted to negotiate a lesser settlement and Liskey's then offered to settle at $775,000, plus interest and EDC Financing, and 15 parking spaces. As of late yesterday, Miller, Canfield proposed to Liskey's attorneys, Chris Bergstrom and Al Ackerman, a settlement of $473,167.30. To date, LBA has paid Liskey's $685,000. Bob Swanson moved to authorize Miller, Canfield to negotiate settlement of up to $600,000 and to report with the results at the next LBA meeting on March 9, 1995; supported by Lenora Jadun; approved by 2-0 roll call vote. Other Business A brief discussion ensued regarding finding available properties for stadium parking. Motion was made by Bob Swanson to return to open session; supported by Ms. Jadun; approved 2-0 and the meeting returned to open session. 1 MINUTES OF AN EXECUTIVE SESSION OF THE LANSING BUILDING AUTHORITY HELD ON MAY 25, 1995, 10:00 a.m. Members Present: James Smiertka, Secretary Robert Swanson, Treasurer Members Absent: Lenora Jadun, Chairperson Others Present: Dennis Sykes, Planning & Neighborhood Dev. Denise Estee, Development Brian Bevez, Assistant City Attorney Kathleen Frantz, Recording Secretary Lansing Transmission: Denise Estee advised that the Department of Planning and Neighborhood Development has put through an application for a grant to acquire some property such as yellow Cab, Lansing Transmission, Stamp-Rite and, possibly, Action Auto. Denise Estee has concern about the Lansing Transmission property since Miller, Canfield is litigating an abandonment claim on behalf of LBA. If the application for grant money is discovered, this could cause disturbance of the litigation of the abandonment claim. Dennis Sykes advised that it is difficult to develop the South side on t he property up to Kalamazoo. There is a parking problem that is not being resolved as the earlier plan involved parking buses in the Liskey's parking lot but now Hampton Inn is looking at purchasing the property. Dennis Sykes indicated that the grant would be for $875,000 with 10 years to repay this off; the information is required to be specifically detailed on the application as to what the property is to be used for and exactly where the property is located. Jim Smiertka indicated that the litigation has been successful up to this point and now if City shows interest in purchasing the property, it goes directly against what LBA is seeking in its abandonment claim . Perhaps this would be the time to settle this case. Denise Estee asked if the City has to match the money and Dennis Sykes responded negatively, that the City would only be required to pay back the money. Ms. Estee indicated that $875,000 may only get two sites and the Lansing Transmission Property could be deleted from the grant application as an alternative. Denise Estee advised that LBA has $500,000 set aside for the abandonment claim on this property. The appraisals brought up the property fixtures to about$320,000. The property is environmentally contaminated, however, we have monies from another State grant for the clean up. The DNR grant would have to be amended to include Lansing Transmission, and City Counsel would then have to approve the purchase or settlement regarding Lansing Transmission as City Council adopted a resolution to abandon this property. Denise Estee indicated that a Phase II study has been done on Lansing Transmission. Brian Bevez advised he will include this issue in negotiations and Dennis Sykes will leave Lansing Transmission off the application he is seeking with the State. Jim Smiertka moved to return to open session; supported by Bob Swanson; the meeting returned to open session at 10:55 a.m. s. 1995 SCHEDULE OF REGULAR MEETINGS LANSING BUILDING AUTHORITY (2ND AND 4TH THURSDAY OF EACH MONTH AT 10:00 A.M.- Except 11/24/95) TO BE HELD IN THE LOTH FLOOR CONFERENCE ROOM, MY HALL January 12, 1995 July 13, 1995 January 26, 1995 CANCELLED July 27, 1995 February 9, 1995 CANCELLED August 10, 1995 February 23, 1995 CANCELLED August 24, 1995 March 9, 1995 CANCELLED September 14, 1995 March 23, 1995 NO QUORUM/CANCELLED September 28, 1995 April 13, 1995 CANCELLED CANCELLED October 12, 1995 April 27, 1995 October 26, 1995 May 11, 1995 CANCELLED November 9, 1995 May 25, 1995 No Meeting - Thanksgiving June 8, 1995 December 14, 1995 June 22, 1995 December 28, 1995 SPECIAL MEETINGS: 2/7/95 2/28/95 4/6/95 4/18/95 4/21/95 9/7/95 10/2/95 C-5 cs --f 1 < -13 -:!;z Cz i Post-it"routing request pad 7664 ROUTING - REQUEST Please ` ❑ READ To ❑ HANDLE ❑ APPROVE and ❑ FORWARD ❑ RETURN ❑ KEEP OR DISCARD ❑ REVIEW WITH E Date / � F om r L NOT=C E OF CANC E LLAT=ON OF A REGULAR MEETING OF THE LANS =NG BU=LD=NG AUTHOR=TY * * * * * * * * * * * * * * PLEASE TAKE NOTICE that the regular meeting of the Lansing Building Authority which was scheduled for Thursday , December 28 , 1995 , at O 00 a m . HAS BEEN CANCELLED _ m i MINUTES OF A REGULAR MEETING OF THE LANSING BUILDING AUTHORITY `E� ��yM �` E D HELD ON DECEMBER 14, 1995, 10:00 a.m.`:-' FES £ LAHSdPIC CITY CLERK Members Present: Lenora Jadun, Chairperson James D. Smiertka, Secretary Robert Swanson, Treasurer (arrived at 10:30 a.m.) Others Present: Denise Estee, Development Division Pat Cook, Economic Development Dan Danke, Transportation Dennis Sykes, Planning & Development Heather Johnson, Finance Dept. Dave Berridge, Transportation Division (arrived at 10:30 a.m.) Kathleen Frantz, Recording Secretary The meeting was called to order by Lenora Jadun; a quorum was present. Approval of Minutes: Motion by James Smiertka to approve the minutes of the October 26, 1995 and November 9, 1995 LBA regular meetings; supported by Lenora Jadun with the amendment to the November 9, 1995 minutes to correct a typographical error on page 2, last paragraph (wither to whether); minutes approved 2-0. MMA - Request for additional Funding: Discussion ensued regarding the initial move of furnishings from the MMA building before demolition could occur and that at that time there was a request for $1,050 in additional monies. This request is a second request for monies in order to move the surplus furniture from the warehouse at the Community Police station. James Smiertka moved to deny the request; supported by Lenora Jadun; 2-0 denied. (Bob Swanson arrived at 10:30 a.m.) In response to attached motion, Mr. Swanson indicated that he is concerned about the MMA expenses that are being considered to be paid by the City rather than LBA. Further discussion ensued and reconsideration of the motion was made by James Smiertka to appropriate $1,000 into account No. 513 453660 97100012042 from account number 513 453660 97100012029; supported by Bob Swanson; motion approved 3-0. Other Business: REQUEST BY TRANSPORTATION FOR PERSONAL COMPUTER: Dave Berridge advised that electronic parking meters have been installed. The System purchased was a cash/debit key to be used in the meters and the application needs to be run on a personal computer and transportation will need a replacement; the configuration is on the attachment to Dave Berridge's 12/12/95 memo. The request is for a total amount of $6,300.00 from account number 513453660-977000-12049; Lenora dadun moved to approve this request; supported by d® Smiertka; motion approved 2-0. INVOICES FROM MILLER, CANFIELD, RE: 1995 BOND ISSUE: Bob Swanson indicated that the Miller, Canfield invoices for services regarding the 1995 Bond Issue which includes services performed regarding the Articles of Incorporation, etc. (4 invoices: LA-1818; LA-1809; LA-1843; LA-1827) can be paid by LBA and processed for payment by the Finance Department as these services are approved to be paid by the new bond issue. The meeting was adjourned at 10:40 a.m. MVWTES OF A REGULAR MEETING OF THE LANSING BUILDING AUTHORITY li E C E I V E D HELD ON NOVEMBER 9, 1995, 10:00 a.m. :, -'C LA SING CITY CLERK Members Present: Lenora Jadun, Chairperson James D. Smiertka, Secretary Robert Swanson, Treasurer (arrived at 10:25 a.m.) Others Present: Denise Estee, Development Division Marty Schlissberg, Paramount Coffee Mark Geschwendt, Attorney for Schlissberg Jack Roberts, Sr. Assistant City Attorney Dave Berridge, Transportation Division (arrived at 10:30 a.m.) Kathleen Frantz, Recording Secretary The meeting was called to order by Lenora Jadun; a quorum was present. Approval of 1996 LBA Regular Meeting Schedule: Jim Smiertka moved that the 1996 LBA Regular Meetings be held once a month on the 4th Thursday of the Month at 10:00 a.m.; supported by Lenora Jadun; motion approved 2-0. Interstate Foods/Schlissberg Parking Lot — Environmental: Lenora Jadun advised that the majority of the parking lot has been paved. Jim Smiertka reviewed the background on this property and Schlissberg was released from the environmental liability on the property. Jim Smiertka asked Lenora Jadun how much money has been spent on this project for removal of the tank. The owner of record has to register the tank that has been found on the property. At this point, Lenora Jadun advised that it is her understanding that the City cannot remove the tank because of other discussions between Marty Schlissberg and Dave Berridge regarding this property. Mark Geschwendt advised that the City notified them that a tank was discovered while paving the lot. Their position is that they were not advised of this during the condemnation proceedings. Brian Bevez knows that the cost for removing a tank is in excess of more than Five Hundred Thousand Dollars. Mark Geschwendt gave additional background and advised that if the City does not have any funds; his client will be required, as the owner, to take care of the environmental concern on the property and they do not want to pay for this cost. The City may have known about this for some time and he has requested, via FOIA, about the environmental condition of this property. Denise Estee advised that the City acquired the property from C&O Railroad in the 1980's. (Bob Swanson.joined the meeting at 10:25 a.m) Lenora Jadun advised that a Phase I environmental study was never done on this property. Jim Smiertka asked Mark Geschwendt how Section 5 of the Condemnation Act pertains to this matter and how it protects his client. Mr. Geschwendt advised that the good faith offer covers this type of issue in a condemnation property transaction. Jim Smiertka asked Mark Geschwendt if this deals with environmental issues and Mr. Geschwendt responded "no". Dave Berridge joined the meeting and advised that we know there is a tank on the property and that MacKenzie has indicated that they will remove the tank for$5,500.00, after the tank has been registered by the owner who has the responsibility to remove the tank or bring it up to the required environmental standards. Dave Berridge advised that since removal of the tank is the best choice, this should be done. Lenora Jadun advised that the owner of the property is responsibility for registering this tank with the MDNR. The owners advised that the owners have said that the tank is leaking and Mark Geschwendt advised it is strictly speculation at this point. Mr. Geschwendt advised that he spoke with Bob Johnson of the Mayor's office as to who is responsible in the City for dealing with them on this matter — is it the City of Lansing or the Lansing Building Authority? Bob Swanson advised he does not feel there is any responsibility on the part of the City on this and the Lansing Building Authority is only responsibility for the parking lot issue and the related parking agreement. Mark Geschwendt advised he will be holding the city responsible for this as part of the condemnation. Mark Geschwendt advised that no further work can be done on their property until they receive the indemnification from the City as to the environmental liability/responsibility. Lenora Jadun asked if the City can continue with the parking improvement which has already cost the LBA between $30,000-$35,000. Mark Geschwendt is seeking resolution of this problem in regard to the tank; i.e. the tank needs to be removed within the next couple months. Lenora Jadun advised that the Planning and Development Department who negotiated this agreement as it relates to the Baseball Stadium and also the Public Service Division. Dave Berridge advised the first logical action is to remove the tank and then do borings to determine the estimated environmental damage. No action was taken as this is a City issue as far as the property transaction and therefore the environmental responsibility. Mr. Geschwendt feels he is getting the run around and Ms. Jadun advised LBA has been authorized to spend up to $6,000 for removal of the tank. Mr. Geschwendt disagreed that from what he has heard today, LBA does not have the money beyond the $6,000 in the event there is extensive environmental problems. Mark Geschwendt advised that if they register the tank there will be a problem between the City and his client, Mr. Schlissberg. Jack Roberts from the City Attorney's Office advised that the City did not know the property was contaminated at the time of the transfer of property and without looking into this matter, no decision can be made. Mr.Roberts asked Mr.Geschwendt whether the LBA can go forward with the parking lot matter. Mr. Geschwendt advised he needs to speak with his client about what he desires to be done. The tank is on the Western 25% of the property and everything else has been paved according to Dave Berridge. Mr. Geschwendt is requesting this matter be addressed within the next seven days. Lenora Jadun asked Mr. Schlissberg whether he has been involved in the development of the downtown properties as far as environmental concerns. Mr. Schlissberg advised he does not want any cost with regard to environmental problems on this property; their use of the parking lot is for 12 spaces and want the City to use the rest, without any other financial responsibility to himself. Bob Swanson advised that the City will look at this issue to decide whether we have any liability on this issue. Mr. Roberts advised that without a specific date, he is looking at the end of next week if possible, but if it is not done he does not want them to think it is not being addressed. The meeting was adjourned at 10:53 a.m. Y **AMENDED** MINUTES OF A REGULAR MEETING OF THE LANSING BUILDING AUTHORITY EB 2 8 Al 9` 2 5 HELD ON OCTOBER 26, 1995, 10:00 a.m. IG CITY CLERK Members Present: Lenora Jadun, Chairperson James D. Smiertka, Secretary Members Absent: Robert Swanson, Treasurer Others Present: Denise Estee, Development Division Dan Danke, Transportation Division Dave Berridge, Transportation Division Kathleen Frantz, Recording Secretary s*s**** The meeting was called to order at 10:20 p.m. by Lenora Jadun; a quorum was present. Approval of Minutes: Jim Smiertka moved to approve the minutes of the following LBA meetings: Regular Meeting 07/13/95 - with amendment on p. 2: delete the word "leasing" and replace with "releasing" Regular Meeting 08/10/95 Regular Meeting 08/24/95 Regular Meeting 09/07/95 Special Meeting 09/28/95 Special Meeting 10/02/95 - with amendment to read "however, funds are available from Account #513-0-395001-0 Retained Earnings" under the subject of the Schlissberg Parking Lot construction matter. Supported by Lenora Jadun; carried 2-0. MMA Property: Request for Appropriation of $1,050.00 Lenora Jadun moved to authorize the appropriation of$1,050.00 from the 513 453660 971000 12042 account and if there is not enough money in that account, then additional monies may be appropriated from the 513 453600 97100 12030; supported by Jim Smiertka; carried 2-0. Denise Estee advised that there is an art sculpture at the MMA property which will be demolished with the building unless LBA takes action otherwise. RE Olds Museum has indicated it is interested in the sculpture and LBA could consider this item to be surplus and turn it over to the Purchasing Department. Jim Smiertka moved to authorize the donation of the sculpture to R.E. Olds Museum upon the determination from the Purchasing Department that the sculpture is of scrap value and that R. E. Olds is to pay for the removal and transport of the sculpture; supported by Lenora Jadun; carried 2-0. -t Chavez/Surface Lot 6 Construction: Transfer of Money Dan Danke advised he is requesting an addtional$35,000. and provided the members with a memo dated 10/26/95. The additional money is needed because the actual construction costs did not include the widening of Kalamazoo St. , bank stablilization, additional drainage work, additional subgrade work and River Trail construction. Lenora Jadun moved to transfer $35,000 from the Liskey's Account No. 513 453660 971000 12030 into Account No. 513 453660 974000 55002 to pay MacKenzie; supported by Jim Smiertka; approved 2-0. Schlissberg Property: Parking Lot Construction - Environmental Issue Dave Berridge advised a tank has been found on the property. Jim Smiertka moved to authorize the expenditure for the environmental problem of removing the tank from the property. Lenora Jadun advised this property is not included in the new bond project area. Doug Rubley joined the LBA in discussion regarding what account this money may come from to fund this environmental remediation service. Doug Rubley advised that the needs two to three days to identify an account. Lenora Jadun asked if the tank is leaking and Dan Danke advised he does not know. Lenora Jadun asked Jim Smiertka to identify the legal aspect of how this is an LBA responsibility to remove this item since it is not LBA's property. Jim Smiertka asked if there is a release on this property as to the environmental and it was indicated that there was not. Dan Danke advised this is a reduced price since MacKenzie is already out there. Jim Smiertka moved to authorize the removal of the tank for an amount not to exceed $6,000 from the $40,000 already appropriated and that we continue with the MacKenzie contract for the construction of the lot but in no event is this project to go beyond $40,0000 unless Finance can identify additional resources and upon receipt of a letter from Bob Swanson regarding the appropriation of funds; supported by Lenora Jadun; carried 2-0. The meeting was adjourned at 11:00 p.m. MINUTES OF A REGULAR MEETING OF F;SE C'T s V E D THE LANSING BUILDING AUTHORITY HELD ON OCTOBER 26, 1995, 10:00 a.m. :y DEC 18 Pti 2: 3L Members Present: Lenora Jadun, Chairperson LNJII" TY C . ERK James D. Smiertka, Secretary Members Absent: Robert.Swanson, Treasurer Others Present: Denise Estee, Development Division Dan Danke, Transportation Division Dave Berridge, Transportation Division Kathleen Frantz, Recording Secretary The meeting was called to order at 10:20 p.m. by Lenora Jadun; a quorum was present. Approval of Minutes: Jim Smiertka moved to approve the minutes of the following LBA meetings: Regular Meeting 07/13/95 - with amendment on p. 2: delete the word "leasing" and replace with "releasing" Regular Meeting 08/10/95 Regular Meeting 08/24/95 Regular Meeting 09/07/95 Special Meeting 09/28/95 Special Meeting 10/02/95 - with amendment to read "however, funds are available from Account #513-0-395001-0 Retained Earnings" under the subject of the Schlissberg Parking Lot construction matter. Supported by Lenora Jadun; carried 2-0. MMA Property: Request for Appropriation of $1,050.00 Lenora Jadun moved to authorize the appropriation of$1,050.00 from the 513 453660 971000 12042 account and if there is not enough money in that account, then additional monies may be appropriated from the 513 453600 97100 12030; supported by Jim Smiertka; carried 2-0. Denise Estee advised that there is an art sculpture at the MMA property which will be demolished with the building unless LBA takes action otherwise. RE Olds Museum has indicated it is interested in the sculpture and LBA could consider this item to be surplus and turn it over to the Purchasing Department. Jim Smiertka moved to authorize the donation of the sculpture to R.E. Olds Museum upon the determination from the Purchasing Department that the sculpture is of scrap value and that R. E. Olds is to pay for the removal and transport of the sculpture; supported by Lenora Jadun; carried 2-0. Schlissberg Property: Parking Lot Construction - Environmental Issue Dave Berridge advised a tank has been found on the property. Jim Smiertka moved to authorize the expenditure for the environmental problem of removing the tank from the property. Lenora Jadun advised this property is not included in the new bond project area. Doug Rubley joined the LBA in discussion regarding what account this money may come from to fund this environmental remediation service. Doug Rubley advised that the needs two to three days to identify an account. Lenora Jadun asked if the tank is leaking and Dan Danke advised he does not know. Lenora Jadun asked Jim Smiertka to identify the legal aspect of how this is an LBA responsibility to remove this item since it is not LBA's property. Jim Smiertka asked if there is a release on this property as to the environmental and it was indicated that there was not. Dan Danke advised this is a reduced price since MacKenzie is already out there. Jim Smiertka moved to authorize the removal of the tank for an amount not to exceed $6,000 from the $40,000 already appropriated and that we cpntinue with the MacKenzie contract for the construction of the lot but in no event is this project to go beyond $40,0000 unless Finance can identify additional resources and upon receipt of a letter from Bob Swanson regarding the appropriation of funds; supported by Lenora Jadun; carried 2-0. The meeting was adjourned at 11:00 p.m. RECEIVEL D OCT I I PH 3: NCO LANSING CITY CLERK NOTICE OF CANCELLAT=ON OF A REGULAR MEETING OF THE LANS =NG BU=LD=NG AUTHOR=TY PLEASE TAKE NOTICE that the regular meeting of the Lansing Building Authority which was scheduled for Thursday , OCTOBER 12 , 1995 , at 10 : 00 a _ m _ HAS B EEN CANCELLED NOTICE OF A REGULAR MEETING RECEIVED OF THE LANSING BUILDING AUTHORITY C 5 SEP 28 PM 2: L,,p SE" TEMBER 28, 1995 LANSING CITY CLERK 10:00 a.m. Location: loth Floor Conference Room, City Hall Lansing, Michigan AGENDA 1. Call to order 2. MMA Building - Status of Fixtures/Furniture 3. Invoice from Public Service Dept. to LBA Re: Liskey's 4. Other Business 5. Public Comment 6. Adjourn Tabled Items: Q 9/7/95 Appraisal of Raney T t and Cedar) bk Members: Lenora Jadun, Chairperson '. Robert Swanson, Treasurer James D.Smiertka, Secretary f,": SEP 13 AIM 11: 50 LANSING CITY CLERK NOT 2 CE OF CANCELLATION OF A REGULAR MEET=NG OF THE LAN S =NG BU=LD=NG AUTHOR=TY PLEASE TAKE NOTICE that the regular meeting of the Lansing Building Authority which was scheduled for Thursday , September 14 , 1995 , at 10 : 00 a . m . HAS BEEN CANCELLED . NOTICE OF A SPECIAL MEETING RECEIVED OF THE LANSING BUILDING AUTHORITY SEP _ I PH 2: 39 LANSING CITY CLERK SEPTEMBER 7, 1995 10:00 a.m. Location: loth Floor Conference Room, City Hall Lansing, Michigan AGENDA 1. Call to order 2. Demolition of MMA Building 3. Appraisal of Raney Trust Property (SE Corner of Michigan and Cedar) 4. 211 E. Kalamazoo - Environmental Matters 5. Status Report: Larch Street Parking 6. Other Business 7. Public Comment 8. Adjourn * * * * * * * * * * * * * * Members: Lenora Jadun, Chairperson Robert Swanson, Treasurer James D.Smiertka, Secretary NOT=C E O F CANC E LLAT=ON , OF A REGULAR MEET=NG O F THE LAMS I NG BU I MAD T MG AUTHO R I RIP PLEASE TAKE NOTICE that the re�ula.r meeting of the Lansing Building Authority which was scheduled for Thursday , July 27 , 1995 , at 10 : 00 a _ m . HAS B EEN CANCELLED _ MINUTES OF A REGULAR MEETING OF THE LANSING BUILDING AUTHORITY HELD ON JUNE 22, 1995, 10:00 a.m. Members Present: James Smiertka, Secretary Robert Swanson, Treasurer Lenora Jadun, Chairperson Others Present: Kathleen Frantz, Recording Secretary Dave Berridge, Transportation Division 1. Roll Call: The meeting was called to order by Lenora Jadun at 10:15 a.m. 2. Central Garage: The City received a proposal from HNTB to cover preliminary work for the new Central Garage facility at the Diamond Reo site. The proposal is in the amount of $65,000. Jim Smiertka advised that he has a problem with proceeding with this matter at this point because the City owns the Central Garage property. Bob Swanson indicated that Central Garage property was included in the legal description on the new money portion of the bond. Jim Smiertka moved that the LBA request the City to deed the property to LBA for construction of the Stadium Plaza; supported by Bob Swanson; motion carried 3-0. 3. Miller, Canfield, Paddock & Stone; Legal Services Bob Swanson advised that the invoice in the amount of $75,341.57 exceeds the amount of the estimates provided by Miller, Canfield. Jim Smiertka advised that this should be paid from the proceeds of the new bond. Bob Swanson indicated this invoice is substantially higher than the original estimate which was approximately $50,000. Jim Smiertka moved to approve Amendment No. 17 to the Legal Services Contract with Miller, Canfield, et al. to appropriate monies for payment of this invoice, by having monies transferred to the LBA Legal Services Account #513 453660 743000 00000 from the appropriate bond account, and, if necessary, monies from the Liskey's Property Account #513 453660 971000 12030; supported by Lenora Jadun; motion carried 3-0. 4. Approval of Minutes Jim Smierkta moved to approve the following minutes of the Lansing Building Authority: ** Regular Meeting of April 18, 1995 ** Regular Meeting of April 27, 1995 ** Regular Meeting of May 25, 1995, with amendment that the 1st paragraph, last line, ". . . that LBA to RElease. . ." ** Executive Session of May 25, 1995 Supported by Bob Swanson; motion carried 2-0 (LENORA JADUN WAS EXCUSED FROM VOTING FOR APPROVAL ON THESE MINUTES AS SHE WAS NOT IN ATTENDANCE FROM THE ABOVE MEETINGS). 5. Other Business a) Antonia Magistro advised that she needs- LBA to approve demolition of the Plaza One Annex so LBA will need to seek bids. b) Lenora Jadun advised that approximately 1300-1400 new parking meters have been installed and the balance of the meters will be placed in the near future. The new revenue should be recognized in about 203 months. Lenora Jadun further advised that Cash Collection and 3rd Generation Revenue control are the other two items which still need to be purchased from the new bond issue. c) Jim Smiertka advised that Granger wants assurance that 120 parking spaces will be available at the new Transportation Center. Lenora Jadun indicated that she has advised that these spaces are available but cannot be reserved or guaranteed. d) On July 3, 1995, the triangle parking lot was opened. Lenora Jadun indicated that the tenants can contact her or public service and advise they can have up to 200 spaces available. Dave Berridge advised that timing on this issue is critical because we have a lot opening with 400 spaces and he anticipates selling over 300 permits as there is a waiting list. The meeting was adjourned at 10:50 a.m. MINUTES OF THE REGULAR MEETING OF ''' THE LANSING BUILDING AUTHORITY0, ;'; 2; � HELD ON JUNE 8, 1995 LANSING CITY CLERK 10:00 A.M. Members Present: Lenora Jadun, Chairperson Bob Swanson, Treasurer Others Present: David Berridge, Transportation Engineer Dan Danke, Transportation Div. Margaret Pollard, Acting Recording Secretary Denise Estee, Development ######### 1. CALL TO ORDER The meeting was called to order at 10:35 a.m. in the 10th floor conference room, by Chairperson Jadun; roll call was taken and a quorum was present. 2. TRIANGLE PROPERTY — LOT #6 a) Riverwalk Project Jadun said that because pedestrians coming off the Kalamazoo St. Bridge walk across the parking lot, Rick Lilly requested that a walkway be planned to go around the office buildings. Jadun said she agreed to get estimates for that. Danke said the estimate was $15,000, and that at the last meeting the LBA asked him to present the issue to the Riverfront Development Committee and the Physical Development committee for their input. Danke said he has a sign- off coming from the Riverfront committee, but he has not yet taken it before the Physical Development Committee. Berridge noted that in the design, a 30' level section at the top of the riverbank would be preserved for future development, in the event a major Riverwalk expansion is done. Funding is available in the Black and Tan Environmental Remediation account that was not needed at the Black and Tan site. MOTION #1: After discussion, JADUN MOVED, SWANSON SUPPORTED, THAT THIS PROJECT BE APPROVED UP TO $20,000 AND KEPT AT $15,000 IF POSSIBLE, SAID MONIES TO BE TRANSFERRED FROM THE BLACK AND TAN ENVIRONMENTAL REMEDIATION ACCOUNT, UPON THE CONDITION OF APPROVAL BY THE PHYSICAL DEVELOPMENT COMMITTEE. ALL AYES. MOTION PASSED. Berridge brought up that he thought the transfer had to be approved by City MINUTES OF THE LANSING BUILDING AUTHORITY MEETING OF JUNE 8, 1995 PAGE Z Council. Swanson said he would check into it. b) Proposed Gated Parking Dave Berridge said this proposal consists of electrical conduits and conduit runs for power and communication of parking equipment for that lot for future use. He said he is not 100% sure there will be a need for a gated lot with parking equipment, depending on how much of the property is sold and on the amount of unauthorized parking in the lot. After discussion, the Board decided to take no action. 3. MMA PROPERTY - PROPOSED DEMOLITION After discussion, Swanson said to hold this item for two weeks to identify a funding source. Jadun said she needs to contact the man who had expressed interest in moving the building. No action taken. 4. MILLEI-Z. , CANFIELD , PADDOCK & STONE 1,EGAI, SERVICES CONTRACT Jadun said she had received a copy of Amendment #16. She needs more information and this item needs to wait for Smiertka. No action taken. 5. OTHER BUSINESS Danke said Emil Winnicker asked him to look into the small building next to the Plaza One annex that needs demolishing. Danke does not know if he can include that in his contract as it is not owned by LBA. Swanson said to check with Amy Magistro in the Purchasing Division to see if it can be included. 6. PUS LI C COMMENT None. 7. ADJOZTRN The meeting was adjourned at 11:10 a.m. Minutes prepared by Margaret Pollard. / Amended MINUTES OF A REGULAR MEETING OF THE LANSING BUILDING AUTHORITY HELD ON MAY 25, 1995, 10:00 a.m. Members Present: James Smiertka, Secretary Robert Swanson, Treasurer Members Absent: Lenora Jadun, Chairperson Others Present: Dennis Sykes, Planning & Neighborhood Dev.. Denise Estee, Development Brian Bevez, Assistant City Attorney Harold Leeman, Citizen Kathleen Frantz, Recording Secretary 1. Roll Call: The meeting was called to order by Bob Swanson and Lenora Jadun was excused from the meeting. 2. Resolution Releasing the City Lease Property for CATA Transportation Facility Jim Smiertka advised that the members should first review Resolution 311, entitled "Deleting from Building Authority Lease Property for CATA Transportation Facility", which was adopted by the City of Lansing on May 153, 1995. The Resolution for approval before LBA today is entitled "Resolution Deleting From City Lease Property for CATA Transportation Facility". Mr. Smiertka indicated that this resolution will allow LBA to lease the site to the City of Lansing; then the City will release the site to CATA for $675,000; the MMA Building will be demolished and all proceeds received from CATA will be directed back to LBA to repay the bonds. Jim Smiertka moved to approve this resolution; supported by Bob Swanson; motion carried 2-0. Bob Swanson indicated that environmental testing will need to be performed on the MMA site; Denise Estee indicated that the Granger Site (65 ft. of property) needs environmental work - not the MMA site; Dennis Sykes indicated that costs are estimated from SEG as high as $15,000. As of this date, no monies have been appropriated for this site (the Granger site) Dan Danke asked why SEG is to perform this work and Dennis Sykes advised that SEG is the environmental contractor for the City. Bob Swanson advised that monies cannot be appropriated from LBA bond money, however, monies may be available from the bond sale revenues. Jim Smiertka indicated this could be constructed as part of the closing costs. Mr. Swanson advised that City Council would need to approve the appropriation of these monies. Jim Smiertka indicated that the Purchase Agreement must first be approved by City Council before City Council will be able to approve the transfer for the SEG environmental work. approved 6/22/95 3. MMA Site - Demolition Denise Estee asked if Dan Danke should get specs for this and Jim Smiertka indicated bids should go out for this as monies have been set aside for this project. The MMA building will cost approximately $50,000 and additional monies will be needed for the landfill costs. To bid this project out it would take approximately 7 weeks vs. an amendment to the MacKenzie Environmental Services contract which would take approximately 2-3 weeks. Dennis Sykes indicated we have been made for moving the building at a cost of $1.00 to the City to lower costs of demolition and landfill fees. Dan Danke will look into amending the MacKenzie contract. 4. Lot 6 - Construction of Riverwalk Dan Danke indicated that Lenora Jadun asked him to look into construction of Riverwalk on this parcel. The cost estimate is $6,000 (plantings not included), unless there are environmental problems. Based on experience, these soils are not in good shape. Dan Danke indicated that monies are not currently available. Denise Estee advised that there is $75,000 available from monies associated with the Black & Tan property. Jim Smierkta moved that LBA embraces the concept subject to further cost estimates and drawings being obtained and that this matter be referred to the Physical Development Committee and Riverfront Development Committee; supported by Bob Swanson; motion carried 2-0. 5. Lot 6 - Request for Gated Parkin Dave Berridge asked that Lot 6 be approved as a gated parking facility. Dan Danke indicated that he does not have a cost estimate for this matter. Jim Smiertka indicated that LBA is reserving 200 spaces in Lot #6 and that transportation is to make sure these spaces are reserved. Harold Leeman indicated that he hopes the City does not get bad press because the workers in the Grand Tower are looking forward to parking in this lot and counting on the reserved spaces. Other Business: a. Denise Estee indicated that Dennis Sykes has an item for executive session regarding Acquisition/Abandonment on a pending lawsuit involving the Lansing Transmission. Bob Swanson moved to go into closed session to discuss this matter; supported by Jim Smiertka; the meeting went into closed session. The meeting was adjourned at 10:55 a.m. City of Lansing Building Authority Counties of Ingham and Eaton, Michigan RESOLUTION DELETING FROM CITY LEASE PROPERTY FOR CATA TRANSPORTATION FACILITY WHEREAS, the City of Lansing (the "City") , and the City of Lansing Building Authority (the "Authority") , an Authority duly incorporated by the City pursuant to the provisions of Act 31, Public Acts of Michigan, 1948 (First Extra Session) , as amended, have previously entered into a Full Faith and Credit General Obligation Contract of Lease dated November 14, 1989 (the "Contract") ; and WHEREAS, pursuant to the Contract, the Authority has proceeded to acquire, construct, and equip a project which was later modified by resolutions of City Council and the Authority to consist of several automobile parking lots, together with necessary and related appurtenances (the "Project") , and the Authority leases the Project to the City pursuant to the Contract; and U CL WHEREAS, in order to finance acquisition, construction, and equipping of the Project, the Authority issued its Building N Authority Bonds, Series 1990, dated May 17, 1990 in the original < aggregate principal amount of $32,791,403 .90 (the 111990 Bonds") ; le and 0 0 0 WHEREAS, a portion of the 1990 Bonds has been refunded by the W Authority with proceeds of its Building Authority and Building Authority Refunding Bonds, Series 1995 (the 111995 Bonds") ; and U S WHEREAS, the City and the Authority entered into the Contract pursuant to the conclusions of a study which demonstrated a need to provide for the design, engineering, acquisition, improvement, construction and equipping of parking facilities within the Cityfs central business district; and WHEREAS, the Capital Area Transportation Authority ("CATA") proposes construction of a facility in which buses would park, which would be the station from which buses would depart and to which buses would return, and which would also contain automobile parking (the "Bus Facility") ; and WHEREAS, construction of the Bus Facility would fulfill the need to provide transportation parking in the area in which the proposed Bus Facility would be located, and therefore appears to be in accord with the original proposed intention to use the property subject to the Contract to provide transportation parking; and WHEREAS, it is the requirement of the Michigan Department of Transportation and the federal government that CATA obtain title to the site on which the proposed Bus Facility would be located before proceeding to construct the Bus Facility thereon; and WHEREAS, the site on which the proposed Bus Facility would be located, which is the site shown on Exhibit A attached hereto and made part hereof (the "Site") , is leased by the Authority to the City under the Contract; and WHEREAS, the City and the Authority wish to transfer the Site to the City by utilizing the provisions of Section 18 of the Contract to delete the Site from the property subject to the Contract, and in order that the City could deed the Site to CATA; and WHEREAS, the revenues derived from the operation of the Project are not pledged for the payment of the principal of and interest on the 1990 Bonds or the 1995 Bonds, but the 1990 Bonds and that portion of the 1995 Bonds pertaining to the Project are payable solely from the proceeds of Cash Rentals required to be paid to the Authority by the City under the Contract, said Cash Rentals being limited tax full faith and credit first budget general obligations of the City payable from general funds of the City; and WHEREAS, the City has furnished the Authority with a certif icate from the City Engineer stating that such release of the Z Site from the terms of the Contract meets the criteria of 0 Section 18 of the Contract; and Z a o WHEREAS, CATA will be paying market value to the City for the g Site; and a a WHEREAS, CATA is an authority which operates as a quasi- governmental unit, financed in part by a tax voted by the residents e within the CATA's district; and W J J WHEREAS, CATA will be utilizing the facility for a public transportation center in accordance with CATA's purposes; and WHEREAS, the City intends that the net proceeds of the sale of the Site will be deposited to the Debt Retirement Fund for the outstanding 1990 Bonds. NOW, THEREFORE, BE IT RESOLVED THAT: 1. The Authority hereby approves modification of the size and scope of the Project defined in the Contract by deleting the Site. The Authority hereby accepts the request of the City to release the Site to the City upon fulfillment by the City of the requirements of Section 18 of the Contract, under the condition that the City will sell the Site to CATA, and that CATA will construct the Bus Facility on the Site and lease the Bus Facility to the City. The Authority hereby accepts the request of the City to convey the Site to the City, without consideration, by quit claim deed in such form and manner as may be approved by the City Attorney in accordance with the requirements of Section 24 of the Contract. -2- 2 . The Chairperson and Secretary of the Authority are hereby authorized to execute and deliver to the City the quit claim deed referenced in Section 1 of this Resolution, an amendment to the Contract if deemed appropriate by the City Attorney, and all other agreements, documents and certificates to accomplish the intent of this Resolution, and to take all other actions necessary to accomplish the intent of this Resolution. 3 . All resolutions and parts of resolutions insofar as they conflict with the provisions of this Resolution be and the same hereby are rescinded. I hereby certify that the foregoing is a true and complete copy of a resolution duly adopted by the Commission of the City of Lansing Building Authority at a Regular meeting held on May 25 , 1995 at 10:00 o'clock a M. prevailing Eastern Time, and that said meeting was conducted and public notice of said meeting was given pursuant to and in full compliance with the Open Meetings Act, being Act 267, Public Acts of Michigan, 1976, and that the minutes of said meeting were kept and will be or have been made available as required by said Act 267. J i o If the above meeting was a Special meeting, I further certify N that notice of said Special meeting was given to each member of the a Commission in accordance with the rules of procedure of the Commission. 0 0 0 a. I further certify that the following Members were present at w said meeting: Robert Swanson, Chairperson, and James Smiertka, Secretary and that the following Members were absent: Lenora Jadun W J J I further certifythat Member Ualnes Smiertka moved for adoption of said resolution and that Member Swanson supported said motion. I further certify that the following Members voted for adoption of said resolution: Swanson and Smiertka and that the following Members voted against adoption of said resolution: none n. sec a ry James D. Sm a ka LAFS1\35797.1\050792-00017 -3- Exhibit A Property to be released from Full Faith and Credit General Obligation Contract of Lease dated November 14 , 1989 The East 100.25 feet of Lots 1, 2, 3 , 4, 5 and 6, Block 135, Original Plat, City of Lansing, Ingham County, Michigan, according to the recorded plat thereof; together with and appurtenant thereto, a nonexclusive easement for ingress and egress, vehicular and pedestrian traffic and access to and from Grand Avenue over the East 100.25 feet of the South 23 feet of the North 48 feet of Lot 3 . U a z 0 N O Z Q Y U O O O Q a 0 J Z Q U E 10:33 515 IAFS1\35797.11050792-00017 Exhibit B CERTIFICATE OF CITY ENGINEER I hereby certify that I am familiar with the terms of the Full Faith and Credit General Obligation Contract of Lease dated November 14 , 1989 (the "Contract") between the City of Lansing (the "City".) and the City of Lansing Building Authority (the "Authority") , and I am familiar with the Project being acquired, constructed, and equipped by the Authority pursuant to the terms of the Contract, which Project was later modified by resolutions of City Council and the Authority to consist of several automobile parking lots, together with necessary and related appurtenances (the "Project") , and I am familiar with the property shown on Exhibit A attached hereto and made part hereof (the "Site") which the City and the Authority wish to release from the Contract. I further certify (i) that no part of the improvements constituting the Project (other than sewer, water, gas, electric o and communication lines and other utilities, and the like, which shall be specified in such certificate) is located on the Site, and (ii) that the severance of the Site from the terms of the Contract o will not impair the operating utility or materially alter the g character of the Project or the balance of the property on which 0 the Project is located. J W Z Q U Dated: lCJ , 1995 A ROVE S, FORM ONLY ^r 10:33 95 LAPS1135783.11050792.-00017 n_ I DEBORAH K. MINER, DEPUTY CITY CLERK of the City of Lansing, Michigan, do hereby certify that I have compared the annexed copy of Resolution #311, Deleting from Building Authority Lease Property for CATA Transportation Facility, Adopted by the City Council of the City of Lansing at their regular meeting held on Monday, May 15, 1995 with the original now on file in my office, and that it is a correct copy thereof, and of the whole of such original . 4r' _ (SEAL) IN WITNESS WHEREOF, I have hereunto set my hand and of fixed the corporate seal of the City of Lansing this 17th day of May A.D. 1995 DEBORAH K. MINER, IDEPUTY CITY CLERK • RESOLUTION #311 City of Lansing Counties of Ingham and Eaton, Michigan RESOLUTION DELETING FROM BUILDING AUTHORITY LEASE PROPERTY FOR CATA TRANSPORTATION FACILITY WHEREAS, the City of Lansing (the "City") , and the City of Lansing Building Authority (the "Authority") , an Authority duly incorporated by the City pursuant to the provisions of Act 31, Public Acts of Michigan, 1948 (First Extra Session) , as amended, have previously entered into a Full Faith and Credit General Obligation Contract of Lease dated November 14, 1989 (the "Contract") ; and WHEREAS, pursuant to the Contract, the Authority has proceeded to acquire, construct, and equip a project which was later modified by resolutions of City Council and the Authority to consist of several automobile parking lots, together with necessary and related appurtenances (the "Project") , and the Authority leases the Project to the City pursuant to the Contract; and WHEREAS, in order to finance acquisition, construction, and equipping of the Project, the Authority issued its Building Authority Bonds, Series 1990, dated May 17, 1990 in the original aggregate principal amount of $32,791,403 .90 (the 111990 Bonds") ; and WHEREAS, a portion of the 1990 Bonds has been refunded by the Authority with proceeds of its Building Authority and Building Authority Refunding Bonds, Series 1995 (the 111995 Bonds") ; and WHEREAS, the City and the Authority entered into the Contract pursuant to the conclusions of a study which demonstrated a need to provide for the design, engineering, acquisition, improvement, construction and equipping of parking facilities within the City's central business district; and WHEREAS, the Capital Area Transportation Authority ("CATA") proposes construction of a facility in which buses would park, which would be the station from which buses would depart and to which buses would return, and which would also contain automobile parking (the "Bus Facility") ; and WHEREAS, construction of the Bus Facility would fulfill the need to provide transportation parking in the area in which the proposed Bus Facility would be located, and therefore appears to be in accord with the original proposed intention to use the property subject to the Contract to provide transportation parking; and WHEREAS, it is the requirement of the Michigan Department of Transportation and the federal government that CATA obtain title to the site on which the proposed Bus Facility would be located before proceeding to construct the Bus Facility thereon; and WHEREAS, the site on which the proposed Bus Facility would be located, which is the site shown on Exhibit A attached hereto and made part hereof (the "Site") , is leased by the Authority to the City under the Contract; and WHEREAS, the City and the Authority wish to transfer the Site to the City by utilizing the provisions of Section 18 of the Contract to delete the Site from the property subject to the Contract, in order that the City could then deed the Site to CATA; and WHEREAS, the revenues derived from the operation of the Project are not pledged for the payment of the principal of and interest on the 1990 Bonds or the 1995 Bonds, but the 1990 Bonds and that portion of the 1995 Bonds pertaining to the Project are payable solely from the proceeds of Cash Rentals required to be paid to the Authority by the City under the Contract, said Cash Rentals being limited tax full faith and credit first budget general obligations of the City payable from general funds of the City; and WHEREAS, the City has obtained a certificate from the City Engineer stating that such release of the Site from the terms of the Contract meets the criteria of Section 18 of the Contract; and WHEREAS, CATA will be paying market value to the City for the Site; and WHEREAS, CATA is an authority which operates as a quasi- governmental unit, financed in part by a tax voted by the residents within the CATA's district; and WHEREAS, CATA will be utilizing the facility for a public transportation center in accordance with CATA's purposes; and WHEREAS, the City intends that the net proceeds of the sale of the Site will be deposited to the Debt Retirement Fund for the outstanding 1990 Bonds. NOW, THEREFORE, BE IT RESOLVED: 1. In reliance upon the certificate from the City Engineer attached as Exhibit B hereto and made part hereof, the City Council hereby determines that release of the Site to the City for the purposes stated in the premises of this Resolution would meet the requirements of Section 18 of the Contract, and would not impair the operating utility or materially alter the character of the Project under the terms of the Contract. 2. The City hereby approves modification of the size and scope of the Project defined in the Contract by deleting the Site. The City hereby requests the Authority to release the Site to the City under the conditions that the City will sell the Site to CATA, and that CATA will construct the Bus Facility on the Site and lease the Bus Facility to the City. The City hereby requests the Authority to convey the Site to the City, without consideration, by quit claim deed in such form and manner as may be approved by the City Attorney in accordance with the requirements of Section 24 of the Contract. 3 . The City hereby determines that construction of the Bus Facility by CATA on the Site will constitute a public purpose. 4. The City hereby directs the Finance Director to convey net proceeds of the sale of the Site to the Authority as prepayment of the City's Cash Rental obligation pursuant to Section 3 of the Contract, and to request the Authority to place such net proceeds in the Debt Retirement Fund for the outstanding 1990 Bonds and use such proceeds to pay a portion of the 1990 Bonds on the earliest possible date, through calling a portion of the 1990 Bonds prior to maturity if so advised by Bond Counsel for the 1990 Bonds. The City hereby acknowledges that the deletion from the Contract of the Site will not entitle the City to any abatement or diminution of the Cash Rentals or other obligations payable under the Contract except as may be provided in a schedule to be delivered to the Finance Director of the City by the Authority after conveyance to the Authority of proceeds of the sale of the Site. The City hereby covenants and agrees to continue to make Cash Rental payments to the Authority in the full amounts provided under the Contract. The Cash Rentals are limited tax full faith and credit first budget general obligations of the City payable from general funds of the City including collections of ad valorem taxes which must be levied by the City if necessary to make such payments subject to applicable statutory, charter and constitutional limitations. 5. The Mayor and City Clerk are hereby authorized to execute and deliver an amendment to the Contract if deemed appropriate by the City Attorney, and any and all other agreements, documents and certificates necessary to accomplish the intent of this Resolution, and to take all other actions necessary to accomplish the intent of this Resolution. 6. All resolutions, orders or parts thereof in conflict with the provisions of this Resolution are, to the extent of such conflict, hereby repealed. This Resolution shall become effective immediately upon its adoption. t • • 14- By Councilmember Beal To recuse Councilmember Lilly from the vote on this item because his office is involved in the administration of transportation funds Carried unanimously, Councilmember Lilly abstaining By Councilmember Jones To place an affirmative roll on the resolution Carried unanimously, Councilmember Lilly abstaining Exhibit A Property to be released from Full Faith and Credit General Obligation Contract of Lease dated November 14 , 1989 The East 100.25 feet of Lots 1,". 2, 3, 4, 5 and 6, Block 135, Original Plat, City of Lansing, Ingham County, Michigan, according to the recorded plat thereof; together with and appurtenant thereto, a nonexclusive easement for ingress and egress, vehicular and pedestrian traffic and access to and from Grand Avenue over the East 100.25 feet of the South 23 feet of the North 48 feet of Lot 3. U J a ni Z O r N O Z 6 Y U O O O Q a 0 J W LL Z Q U 2 W J ' _J 10:33 5/5 L1FS1\35797.1\050792-00017 A-1 Exhibit B CERTIFICATE OF CITY ENGINEER I hereby certify that I am familiar with the terms of the Full Faith and Credit General Obligation Contract of Lease dated November 14 , 1989 (the "Contract") between the City of Lansing (the "City".) and the City of Lansing Building Authority (the "Authority") , and I am familiar with the Project being acquired, constructed, and equipped by the Authority pursuant to the terms of the Contract, which Project was later modified by resolutions of City Council and the Authority to consist of several automobile parking lots, together with necessary and related appurtenances (the "Project") , and I am familiar with the property shown on Exhibit A attached hereto and made part hereof (the "Site") which the City and the Authority wish to release from the Contract. I further certify (i) that no part of the improvements constituting the Project (other than sewer, water, gas, electric o and communication lines and other utilities, and the like, which N shall be specified in such certificate) is located on the Site, and (ii) that the severance of the Site from the terms of the Contract o will not impair the operating utility or materially alter the g character of the Project or the balance of the property on which 0 the Project is located. J LL Z Q U K w f Dated: l U , 1995 AMOR VE S TO FORM ONLY f;r 10:33 5/5 LAFS1\35783.1\050792-M17 Mis CEi °J EI ' S E P I qw All E: 31 LANSING CITY CLERK NOTICE OF CANCELLAT=ON OF A REGULAR MEET=NG OF THE LANS =NG BiJ=LD I NG AUTHOR=TY * * * * * * * * * * * * * * 0 PLEASE TAKE NOTICE that the regular meeting of the Lansing Building Authority which was scheduled for Thursday , May 11 , 1995 , at 10 : 00 BEEN CANCELLED I z MINUTES OF A REGULAR MEETING OF THE LANSING BUILDING AUTHORITY HELD ON APRIL 27, 1995, 10:00 a.m. Members Present: James Smiertka, Secretary Robert Swanson, Treasurer Members Absent: Lenora Jadun, Chairperson Others Present: Antonia Magistro, Purchasing Supervisor Hugh Heuvelhorst, MacKenzie Environmental Services Dave Berridge, Transportation Division Dan Danke, Transportation Division Kathleen Frantz, Recording Secretary 1. Roll Call: The meeting was called to order by Bob Swanson and Lenora Jadun was excused from the meeting. 2. Approval of Minutes: Jim Smiertka moved to approve the minutes of the April 21, 1995 Special Meeting of the Lansing Building Authority; supported by Bob Swanson; motion carried by 2-0 roll call vote. 3. Electronic Parking Meters - Bid Recommendation Dave Berridge provided the members with a memo dated 4/24/95 detailing the bid process for this issue. Jim Smiertka asked whether the money was a fixed price and if the money is available. Dave Berridge advised that the money has been appropriated from the new Bond proceeds to purchase 2400 parking meters at a price of$395,450.00 and that the meters are to be installed by City employees. Amy Magistro indicated she is satisfied with the bid process that was utilized for this matter. Jim Smiertka moved to authorize the purchase of 2400 parking meters at the price of$395,450.00 from the anticipated accounts to a new equipment account created in the LBA fund account, subject to the closing of the bond issue; supported by Bob Swanson; motion carried 2-0. 4. Other Business: a) Soil Remediation - 307 South Cesar Chavez Dan Danke indicated that at the April 18, 1995 LBA special meeting, LBA approved funding for the implementation of the Soil Corrective Action Plan, subject to rebidding of the project by MacKenzie with the list of contractors provided by the Public Service Dept. and Purchasing. Details of the rebidding are provided in the memo from Dan Danke to Lenora Jadun, dated 4/26/95. Bob Swanson indicated that there is another issue in this process approved 6/22/95 and that is that only two other companies submitted bids, since one declined. This type of bidding process could set a precedent to potentially be very easy to submit bids to a vendor who cannot do the work who will then submit a letter declining the bid. Jim Smiertka moved to approve the bid from MacKenzie in the amount of $89,328.60 which was appropriated in the appropriate LBA account at the LBA 4/21/95 meeting; supported by Bob Swanson; motion carried 2-0. b) 307 S. Cesar Chavez - Remediation Dan Danke advised that no monies were appropriated for the drilling on this project and that an invoice for $7,312.40 needs to be approved for payment by the LBA. Jim Smiertka asked why this was coming to the LBA for approval nine months after the fact since MacKenzie was under contract at that time. Dan Danke and Dave Berridge indicated that this fell through the cracks and did not get paid. Jim Smiertka moved to approve payment of $7,3121.40; support by Bob Swanson; motion carried 2-0. c) 211 E. Kalamazoo - Superior Environmental (i) Dan Danke provided the members of LBA with a memo dated April 27, 1995 detailing the request by Superior Environmental for a Phase II Hydrogeological Study at this property. This report must be submitted to the DNR in order to comply with the requirements for MUSTVA funding. The estimated cost for this task is $8,995.00. Three bids were solicited for well drilling per MUSTVA requirements; the low bidder was Rau Drilling and they are scheduled to begin on April 27, 1995. (ii) In addition, Superior Environmental has submitted a request for the Soil Corrective Action Plan at 211 E.Kalamazoo St. , which is also required to be submitted to the DNR in order to comply with the requirements for MUSTVA funding. The estimated cost for this task is $29,210.00. Ace Wrecking was the low bidder for the removal of the impacted soil. Jim Smiertka moved to approve the above two tasks be completed and that $38,205.00 be appropriated in account No. 513 453660 971000 12029 to fund these projects; supported by Bob Swanson; carried 2-0. Jim Smiertka moved to have any future bids reviewed by Antonia Magistro prior to acceptance of bids; supported by Bob Clegg; carried 2-0. The meeting was adjourned at 10:45 a.m. MINUTES OF A SPECIAL MEETING OF THE LANSING BUILDING AUTHORITY HELD ON APRIL 18, 1995, 11:00 a.m. Members Present: James Smiertka, Secretary Robert Swanson, Treasurer Members Absent: Lenora Jadun, Chairperson Others Present: Douglas Rubley, Finance Department Denise Estee, Development Division Dan Danke, Transportation Division Kathleen Frantz, Recording Secretary 1. Roll Call: The meeting was called to order by Bob Swanson and Lenora Jadun was excused from the meeting. 2. Approval of Minutes: Jim Smiertka moved to approve the minutes of the April 6, 1995 Special Meeting of the Lansing Building Authority; supported by Bob Swanson; motion carried by 2-0 roll call vote. Jim Smiertka moved to approve the minutes of the March 23, 1995 Regular Meeting of the Lansing Building Authority; supported by Bob Swanson; motion carried by 2-0 roll call vote. 3. 307 S. Cesar Chavez Dan Danke advised that there are no monies available from MUSTVA claims, except for claims still being made through June 29, 1995, in the event monies are appropriated. Meccans Environmental Services, Inc. is the environmental consultant and also came in as the low bidder at $89,328.00 on this environmental remediation project. Mr. Danke indicated he is bringing this before LBA because Meccans Environmental submitted a bid on their own job as consultants. Meccans developed the bid specs on this and Mr. Smiertka indicated that he does not feel this is right unless there is good reason. Mr. Danke indicated that this is the low bid and if we delay this it puts a stop to the development of the North end of the parking lot. Jim Smierkta asked what the second lowest bid was and Mr. Danke indicated that it was American Infrastructure at $99,533.40; and the third bidder - Keith Fransted Construction declined to offer a bid. Jim Smiertka indicated he will not vote on this. Mr. Swanson asked Dan Danke if these bids were made according to State procedures and law. Mr. Danke advised that all MUSTVA requirements had been met before this process could be taken. The corrective action plan for the soil has been approved by the DNR, however, the report as to the water has not yet been prepared. Jim Smiertka moved to re-bid this project and bidders be selected by the Purchasing Department; supported by Bob Swanson; motion carried 2-0. approved 6/22/95 a � • • Dan Danke indicated these bids are now a matter of public record. Jim Smiertka indicated he is rejecting all bids and Bob Swanson supported this. Dan Danke advised that Meccans has been approved as the consultant at $100,000 and Mr. Danke requested approval in the amount of $149,500; Jim Smiertka moved that the project be approved in the amount of $149,500, subject to Task 2 being re-bid with the Purchasing Department soliciting the bids; supported by Bob Swanson; carried 2-0. 4. Other Business: a) 307 South Cesar Chavez Dan Danke advised that for informational purposes, Lenora Jadun had signed approval for Meccans Environmental Services to remove tanks and there was no leakage from the tanks on the property. b) Black & Tan Jim Smiertka asked if there was any remediation needed on the Black and Tan property. Dan Danke gave Joe Johns an estimate of costs and $75,000 estimate for environmental matters. April 26, 1995 is the date set for demolition of those property. c) Refunding Bonds Doug Rubley advised that the Refunding Bond is being priced on April 19, 1995. LBA already approved 3 million dollars for the Refunding Bonds. Mr. Rubley provided the members with detailed information regarding costs which has been attached to these minutes for reference. The meeting was adjourned at 11:50 a.m. alD OSXARY CITY OF LANSING MUNICIPAL PARKING SYSTEM FUND CASH FLOW MODEL FOR LOT .& RAMP CONSTRUCTION ----------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------- ESTIMATED ACTUAL PROJECT EXPENDITURE PROJECT EXPENDED TO BALANCE DESCRIPTION TYPE COSTS DATE 04/16/95 ----------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------- TOTAL AVAILABLE FOR PROJECT 31,367,705 -------------- : t t LOTS t t t 12031 SUB TOTAL PAUL AUTO 2,179,251 1,961,200 218,051 12029 SUB TOTAL - LOT D-4 4,702,228 3,557,101 1,145,128 SUB TOTAL INT. SHUTTLE 0 0 0 12030; 12032; 12033 SUB TOTAL-CEDAR/LARCH 1;,,,WrV 9,701,053 2,655,541 ...................................... TOTAL - ALL LOTS .19,238,072 15,219,354 4,018,720 t t t RAMPS t t t 12041 SUB TOTAL RAMP B-1 5,165 5,165 0 12042 SUB TOTAL RAMP E1/E2 2,148,249 2,043,358 104,891 TOTAL - ALL RAMPS 2,153,114 2,048,523 104,891 t : r OTHER 55001 DESIGN & INSPECTION 525,637 525,637 0 SITE PREPARATION - ;-1 0 -----------0----725,000- � `� ZZ CONTINGENCY 0 412,361 -------------------------------------- ZlICI L Q/ Q GRAND TOTAL CASH FLOW 23 , 84 17,793,514 ! 72 < ll� AMOUNT REMAINING FROM ORIGINAL AVAILABLE -8 313 222 < - - - - - REMAINING l =-------=-==== FUNDS APPROX. INVESTMENT ACCOUNT BALANCE 04/11/95 13,560 798 PLUS: DUR FROM GEN'L FUND 6,100 LESS: DUE TO GEN FUND 7,296 -------------- CASH AVAILABLE 13,574,194 LESS: BALANCE OF PROJECT COSTS (5 , 72) 3/57+Ul'-� 0 - REMAINING FUNDS 8,313,222 /t,/=lc>j==, 1 - � LANSING BUILDING AUTHORITY 1995 BOND ISSUE SUMMARY Summary Stadium Plaza/Parking Area $1, 500,000 Environmental Remediation 250,000 Electronic Parking Meters 400, 000—f Revenue Control Equipment 275,000 Contingency 575,000 Zcz?�' TOTAL $3,000, 000 zl=� �� � Stadium Plaza/Parking Area V0/l'04'It is proposed that the public polazaqhnd parking area for the stadium (which fronts on Michigan Avenue, Cedar Street and Larch Street) be paid for by the issuance of Lansing Building Authority bonds . The estimated cost for this component of the Baseball Stadium Complex is $1,500,000 . Environmental Remediation Environmental remediation may be required for the stadium site. The estimated cost for this remediation is approximately $1, 000,000 . The pro-rated portion of this estimate for the Stadium Plaza/Parking Area is $250, 000 . Electronic Parking Meters I S These new electronic parking meters provide enhanced capabilities including: on-street pre-audit of individual meters, a debit card/key system for meter fees, a single slot for all coins and no moving parts . The meters are electronically programmable, which eliminates the need for future rate conversion expenses, and they can be programmed for any time limit and rate. It is estimated that $400,000 is required to implement the new on-street parking meter rates previously approved by the City Council . Revenue Control Equipment -7 WeQAA Third generation, state-of-the-art, revenue control equipment has been recommended by the financial advisor, Stauder Barch. This equipment will provide improved revenue control and reduce the current exposure for internal and external fraud. The estimated cost for this equipment is $275,000 and the investment has an estimated 4 .4 year payback based on increased revenue. Contingency (/ 6&0(A.)�� The bonds will only be issued for the amounts necessary to construct and/or acquire the specific items listed in the bond prospectus and for bond issuance costs. Since the costs for these items are estimates, it is necessary that a contingency be declared. The contingency of $575,000 is legally required to establish an upper limit on the size of the bond issue, which can not be exceeded after the public hearing process is started. RECEIVED AGENDA 03) APR 13 AN 9: 1 5 LANSING BUILDING AUTHORITY LANSING CITY CLERK SPECIAL MEETING OF APRIL 18, 1995. 11:00 a.m. Location: 7th Floor Conference Room, City Hall Lansing, Michigan 1. Call to order 2. Approval of Minutes: 04/06/95 LBA Special Meeting 3. 307 S. Cesar Chavez (Dan Danke) 4. Other Business 5. Public Comment 6. Adjourn * * * * * * * * * * * * * * Members: Lenora Jadun, Chairperson Robert Swanson, Treasurer James D.Smiertka, Secretary RECEIVED APR 12 A' 10" 18 LANSING CITY CLERK NOT2CE OF CANCELLAT=ON OF AL REGULAR MEET I NG OF THE LANS =NG BiJ I LD I NG AUTHOR=TY * * * * * * * * * * * * * * PLEASE TAKE NOTICE that the regular meeting of the Lansing Building Authority which was scheduled for Thursday , April 13 , 1995 , at 10 : 00 a _ m _ HAS B EEN CANCELLED _ MINUTES OF A SPECIAL MEETING OF F;L=C Ell V E D THE LANSING BUILDING AUTHORITY HELD ON APRIL 6, 1995 {;5 MAY -9 PM Z: 17 Members Present: Robert Swanson, Treasurer t,AN59NG CITY CLERK James D. Smiertka, Secretary Member Absent: Lenora Jadun, Chairperson Others Present: Denise Estee, Development Division Joe Johns, Finance Department Sue Podleski, Recording Secretary * * * * * * * * * * The meeting was called to order by Bob Swanson at 11 :40 a.m. and recessed until 1 : 30 p.m. The meeting was reconvened by Bob Swanson at 1 : 38 p.m. ; a quorum was present. 1 . LISKEY' S The LBA approved settlement with Liskey' s at its 03/09/95 meeting, but did not authorize the appropriation of funds. Jim Smiertka moved for the appropriation of $640, 000 .00 (Account No. 513 453660 971000 12030) in settlement with Liskey' s Professional Wheel Service, Inc. ; support by Bob Swanson; carried 2 - 0. 2 . STARR' s BLACK & TAN Ms . Estee advised the members that the amended court order in the condemnation action allows Starr up to $15, 000. 00 in reasonable and necessary moving expenses . Jocelyn Starr has submitted 3 estimates, but it is unknown how many months the items will need to be in storage, etc. Ms . Estee requested authority to issue a purchase order to Combined Van Lines for an amount not to exceed $15, 000 . 00 so that the funds can be encumbered. Jim Smiertka moved for the encumbrance of funds in an amount not to exceed $15, 000 .00 for moving expenses of Starr; support by Bob Swanson; carried 2 - 0 . - 1 - 3 . AMENDMENT TO PARKING CONTRACT Mr. Swanson advised that the legal description describing the sites of the public parking lot and public plaza needs to be corrected by resolution to the bond contract. Jim Smiertka moved to adopt the Resolution Approving Correction to 1995 Contract with the revised Exhibit A; support by Bob Swanson; carried 2 - 0 . There being no further business, motion was made by Jim Smierkta to adjourn; support by Bob Swanson, carried 2 - 0 . The meeting was adjourned at 1 :44 p.m. 2 - MINUTES OF A SPECIAL MEETING OF RECEIVED THE LANSING BUILDING AUTHORITY ray RR 21 AM 8; 21 HELD ON APRIL 6, 1995 LANSING CITY CLERK Members Present: Robert Swanson, Treasurer James D. Smiertka, Secretary Member Absent: Lenora Jadun, Chairperson Others Present: Denise Estee, Development Division Joe Johns, Finance Department Sue Podleski, Recording Secretary The meeting was called to order by Bob Swanson at 11:40 a.m. and recessed until 1:30 p.m. The meeting was reconvened by Bob Swanson at 1:38 p.m. ; a quorum was present. 1 . LISKEY' S The LBA approved settlement with Liskey' s at its 03/09/95 meeting, but did not authorize the appropriation of funds . Jim Smiertka moved for the appropriation of $640, 000 .00 (Account No. 513 453660 971000 12030) in settlement with Liskey's Professional Wheel Service, Inc. ; support by Bob Swanson; carried 2 - 0 . 2 . STARR' S BLACK & TAN Ms . Estee advised . the members that the amended court order in the condemnation action allows Starr up to $15, 000 .00 in reasonable and necessary moving expenses. Jocelyn Starr has submitted 3 estimates, but it is unknown how many months the items will need to be in storage, etc. Ms. Estee requested authority to issue a purchase order to Combined Van Lines for an amount not to exceed $15, 000 .00 so that the funds can be encumbered. Jim Smiertka moved for the encumbrance of funds in an amount not to exceed $15, 000 .00 for moving expenses of Starr; support by Bob Swanson; carried 2 - 0 . - 1 - 3 . AMENDMENT TO PARKING CONTRACT Mr. Swanson advised that the legal description describing the sites of the public parking lot and public plaza needs to be corrected by resolution to the bond contract. Jim Smiertka moved to adopt the Resolution Approving Correction to 1995 Contract with the revised Exhibit A; support by Bob Swanson; carried 2 - 0. There being no further business, motion was made by Jim Smierkta to adjourn; support by Bob Swanson, carried 2 - 0 . The meeting was adjourned at 1:44 p.m. 2 - gel i . � • MINUTES OF A SPECIAL MEETING (qF,C E 1V E D THE LANSING BUILDING AUTHORITY HELD ON APRIL 6, 1995 95 APR 18 PM 3: 47 LANSING CITY CLERK Members Present: Robert Swanson, Treasurer James D. Smiertka, Secretary Member Absent: Lenora Jadun, Chairperson Others Present: Denise Estee, Development Division Joe Johns, Finance Department Sue Podleski, Recording Secretary The meeting was called to order by Bob Swanson at 11 :40 a.m. and recessed until 1 : 30 p.m. The meeting was reconvened by Bob Swanson at 1:38 p.m. ; a quorum was present. 1 . LISKEY'S The LBA approved settlement with Liskey' s at its 03/09/95 meeting, but did not authorize the appropriation of funds . Jim Smiertka moved for the appropriation of $640, 000 . 00 (Account No. 513 453660 971000 12030) in settlement with Liskey' s Professional Wheel Service, Inc. ; support by Bob Swanson; carried 2 - 0. 2 . STARR' S BLACK & TAN Ms . Estee advised the members that the amended court order in the condemnation action allows Starr up to $15, 000 .00 in reasonable and necessary moving expenses . Jocelyn Starr has submitted 3 estimates, but it is unknown how many months the items will need to be in storage, etc. Ms . Estee requested authority to issue a purchase order to Combined Van Lines for an amount not to exceed $15, 000 . 00 so that the funds can be encumbered. Jim Smiertka moved for the encumbrance of funds in an amount not to exceed $15, 000 .00 for moving expenses of Starr; support by Bob Swanson; carried 2 - 0 . - 1 - 3 . AMENDMENT TO PARKING CONTRACT Mr. Swanson advised that the legal description describing the sites of the public parking lot and public plaza needs to be corrected by resolution to the bond contract. Jim Smiertka moved to adopt the Resolution Approving Correction to 1995 Contract with the revised Exhibit A; support by Bob Swanson; carried 2 - 0 . There being no further business, motion was made by Jim Smierkta to adjourn; support by Bob Swanson, carried 2 - 0 . The meeting was adjourned at 1 :44 p.m. Z- 1111�- i 2 - o 0 *Department of LK MEMORANDUM ��C1116Q'� 'Equal Opportunity Employer' TO: MEMBERS OF THE LANSING BUILDING AUTHORITY FROM: SUE PODLESRI, Senior Legal S�etary DATE: September 15, 1994 RE: DRAFT MINUTES OF 04/06/95 MEETING Attached for your review is a draft of the April 6, 1995 special meeting minutes . /sP $_95Ap9 ' �9 RCVD Attachment 0� c:\wp\data\draft.min V" b� MINUTES OF A SPECIAL MEETING OF THE LANSING BUILDING AUTHORITY HELD ON APRIL 6, 1995 Members Present: Robert Swanson, Treasurer James D. Smiertka, Secretary Member Absent: Lenora Jadun, Chairperson Others Present: Denise Estee, Development Division Joe Johns, Finance Department Sue Podleski, Recording Secretary * * * * * * * * * * jZi c. �,,,e�� t�/zy �c�,o�� pz.� !� � �..-oo+,.,_ �� i/�Yp a.•n, a..��t�c�,�ae� ��/�M• The meeting was reconvened by Bob Swanson at 1:38 p.m. ; a quorum was present. 1 . LISKEY' S The LBA approved settlement with Liskey' s at its 03/09/95 meeting, but did not authorize the appropriation of funds . Jim Smiertka moved for the appropriation of $640, 000 .00 (Account No. 513 453660 971000 12030) in settlement with Liskey' s Professional Wheel Service, Inc. ; support by Bob Swanson; carried 2 - 0 . 2 . STARR's BLACK & TAN Ms . Estee advised the members that the amended court order in the condemnation action allows Starr up to $15, 000 .00 in reasonable and necessary moving expenses . Jocelyn Starr has submitted 3 estimates, but it is unknown how many months the items will need to be in storage, etc. Ms . Estee requested authority to issue a purchase order to Combined Van Lines for an amount not to exceed $15, 000 . 00 so that the funds can be encumbered. Jim Smiertka moved for the encumbrance of funds in an amount not to exceed $15, 000 .00 for moving expenses of Starr; support by Bob Swanson; carried 2 - 0 . fir}rY 3 . AMENDMENT TO PARKING CONTRACT Mr. Swanson advised that the legal description describing the sites of the public parking lot and public plaza needs to be corrected by resolution to the bond contract. AWt% i2e� Jim Smiertka moved to t e Resolution Approving Correction to 199=Con=cA; support by Bob Swanson; carried 2 - 0 . There being no further business, motion was made by Jim Smierkta to adjourn; support by Bob Swanson, carried 2 - 0 . The meeting was adjourned at 1:44 p.m. 2 - MINUTES OF A REGULAR MEETING OF THE LANSING BUILDING AUTHORITY R .C I V E D HELD ON MARCH 23, 1995, 10:00 a.m. 8 Members Present: Lenora Jadun, Chairperson LANSViG CITY CLERK Robert Swanson, Treasurer James Smiertka, Secretary Others Present: Dan Danke, Transportation Division Dave Berridge, Transportation Division Denise Estee, Development Div. Harold Leeman, Citizen Kathleen Frantz, Recording Secretary 1. Call to Order The meeting was called to order at 10:08 a.m. ; roll call was taken and a quorum was present. 2. Approval of Minutes Lenora Jadun moved to approve the minutes of the following LBA meetings: January 26, 1995 Regular Meeting February 7, 1995 Special Meeting February 28, 1995 Special Meeting February 28, 1995 Executive Session March 9, 1995 Regular Meeting March 9, 1995 Executive Session Motion supported by Jim Smiertka; minutes approved by 3-0 roll call vote. 3. Lansing Transmission Denise Estee indicated that she provided the LBA members with a claim from Lansing Transmission at the last LBA meeting and that it was for information only. No action or further discussion ensued on this matter. 4. Other Business a) Liskey's/Spartan Inn Properties: Design Services and Construction Costs Dan Danke provided the members with a memo dated 3/23/95 regarding Liskey's and Spartan Inn Parking Lots/Estimate for Design Services and Construction. Mr. Danke indicated that monies are set aside for design services, however, he will verify with Finance Department as to whether monies are available for construction on these projects. Jim Smiertka asked whether these jobs were bid and Dan Danke indicated these are estimates and that the design portion of these costs were bid. Ms. Jadun and Mr. Danke 1 yw • discussed the design of the bus parking and there should be a total of 12 bus spaces in the design of the Liskey's Lot. Jim Smiertka moved that LBA approve the costs contingent upon available monies are appropriated for these costs; supported by Bob Swanson; motion approved by 3-0 roll can vote. b) Construction of Parking Lot on Liskey's Property: Dan Danke provided the members with a memo dated 3/23/95 regarding the E. T. MacKenzie's request to construct parking lot on the Liskey's property. James Smiertka moved to concur with Dan Danke's recommendation that the construction of the Liskey lot be bid separately rather than by a change order, since the estimated cost to construct the Liskey lot is $110,000 and the value of the Chavez Kalamazoo contract is $399,730.65; supported by Bob Swanson; motion approved 3-0 roll call vote. c) 205 North Larch: Dan Danke provided the LBA members with a memo dated 3/23/95 regarding the release of the Environmental Escrow Funds from the LBA/Phill-Co Escrow Agreement. Mr. Danke indicated that invoices submitted by Strata Environmental Services total $93,179.21 for remediation services at 205 N. Larch. The balance of the escrow account for this property is approximately $70,000. Mr. Danke recommended that payment of the remaining escrow funds be made upon receipt of the letter from Phillco. Jim Smiertka asked whether this property has been completely cleaned up and Dan Danke indicated we are waiting for a letter from the DNR and he thinks approval will be received soon. Jim Smiertka moved to concur with Dan Danke's recommendation that the remaining escrow funds be paid for invoices received from Strata Environmental Services; Bob Swanson supported the motion; approved 3-0. d) Black & Tan: Jim Smiertka advised that LBA takes possession of this property on April 8, 1995. Starr's attorney, Robin Omer has submitted a claim for $60,000 for a possible future discrimination claim/lawsuit. Denise Estee indicated that he would like payment before March 29th for Black & Tan. Lenora Jadun moved to deny the claim for $60,000.00; supported by Jim Smiertka; claim denied by 3-0 roll call vote. e) Liskey's -- Notice to Vacate LPD Vehicles: Denise Estee indicated that a vacation date needs to be set for LPD and that they will need to receive some type of notice to vacate. LBA needs to have an auction and also begin construction of the parking lot. Jim Smiertka moved to send LPD a 30 day notice to vacate and that Dan Danke will prepare and send the notice; supported by Bob Swanson; motion approved by 3-0 roll call. f) Bob Swanson indicated that the central garage property owned by the City of Lansing needs to be transferred to the LBA because of the baseball stadium project. Mr. Smiertka advised that LBA needs the deed from City for $1.00 for public plaza purposes. Denise Estee will speak with Robert Engel for a review of the transfer to LBA. This will need to be approved by City Council. 2 5. Public Comment: Harold Leeman indicated that the approved minutes of LBA need to be kept on file in the City Clerk's office. 6. Adjourn: The meeting was adjourned at 10:55 a.m. 3 UTES OF A REGR MEETING OF ED THE LANSING BUILD NG AUTHORITY 'E C I f HELD ON MARCH 9, 1995, 10:00 a.m. ,.?:) q,�.��• f¢ Members Present: Lenora Jadun Chairperson erson L1Sf �i y � �{ Robert Swanson, Treasurer James Smiertka, Secretary Others Present: Brian Bevez, Assistant City Attorney Bill Danhof, Miller, Canfield, Paddock & Stone Dan Danke, Transportation Division Dave Berridge, Transportation Division Denise Estee, Development Div. Doug Rubley, Finance Dept. (arrived 10:30 a.m.) Kathleen Frantz, Recording Secretary 1. Call to Order The meeting was called to order at 10:08 a.m. ; roll call was taken and a quorum was present. Lenora Jadun entertained a motion to go into executive session to discuss Liskey's settlement and settlement of Black & Tan; so moved by Bob Swanson; supported by Jim Smiertka; the meeting went into executive session. 2. Liskey's James Smiertka moved to approve settlement of Liskey's in the amount of$640,000.for complete release of all claims; supported by Bob Swanson; approved 3-0 roll call vote. 3. 215 North Larch Dan Danke reported that LBA previously approved an amount of $60,000 for environmental remediation on this property for removal of hazardous materials; however, the monies will not be needed for this purpose. Mr. Danke asked how to go about getting monies which LBA has already spent for remediation of this property and whether LBA can make a claim against Phillco. Brian Bevez indicated he feels LBA can pursue this and he will look into taking action against Phillco and will report back at the next LBA meeting. 4. Stauder, Barch & Associates Discussion was held regarding an invoice received from Stauder, Barch and Associates and, specifically, as to the $17,500 portion of the invoice for the parking study. This was not to be included with the TIFA Bonds and Dave Berridge indicated that he has checked into this and advised that .Committee.of the Whole o.k.Id payment of this from the parking system professional services account #585 1 453641 743000 0, which does have adequate funds for this service. Lenora Jadun indicated that City Council indicated that this could be paid only if the bonds were not funded. The purpose of this parking study was to determine revenues to support the debt service. Therefore, Doug Rubley feels this could be paid form the bonds but that ultimately, the parking system will pay this. Bob Swanson moved that payment be made from the parking system account No. 585 453641 743000 00000; supported by Jim Smiertka; approved by 3-0 roll call vote. 5. Other Business a) Dan Danke indicated that Lot #6 parking construction will ensue with a meeting next week and they will be starting construction in April but asked LBA what they would like him to do as far as the Black & Tan property. The members decided that construction can begin on April 15, 1995, since L,BA will take possession of the Black & Tan property on April 8, 1995 and the fact tha River Street has been vacated. b) Bill Danhof was present and indicated he has prepared a resolution to combine both bond projects into a single amendment to the resolution which was previously approved regarding the refunding bonds with an amount of up to Three Million Dollars, and changes the name of the bond issue. This resolution will require Michigan Department. of Treasury approval and therefore approval of this resolution is necessary. Mr. Danhof indicated that this combines the bond work for a total amount of 33 Million Dollars in new bond work entitled "Building Authority and Building Authority Refunding Bonds, Series 1995" (9 page resolution) . Jim Smiertka moved to approve this resolution; supported by Bob Swanson; approved by 3-0 roll call vote. Jim Smiertka asked how.the LBA sits with refunding and structuring the new LBA authority. Mr. Danhof indicated that the official statement is being prepared by Miller, Canfield and they are in the process of finalizing the refunding of the bonds. April 3, 1995 is the date which represents the 45 day referendum period will expire. Jim Smiertka indicated he understands waiting until after the referendum period but asked whether it is o.k. to be reviewing the Articles of Incorporation for the new authority sooner. c) Doug Rubley indicated that he would like to finalize the project to give an accurate amount to the underwriters as to the remaining monies on the 1990 series bond. d) Lenora Jadun indicated that the City has been awarded a 1.3 Million Dollar Grant by the State of Michigan for clean up of the Baseball Stadium site. 6. Public Comment: None The meeting was adjourned at 11:00 a.m. 2 MINUTES �,LANSIN BUILDING AUTHORITY HE HELD ON FEBRUARY 28, 1995, 11:00 a.m. cQ ApR 17 At Io: 141 Members Present: Lenora Jadun, Chairperson LSU uITY CLERK Robert Swanson, Treasurer Members Absent: James Smiertka (excused) Others Present: Dan Danke, Transportation Division Dave Berridge, Transportation Division Denise Estee, Development Div. Harold Leeman, Citizen Kathleen Frantz, Recording Secretary 1. Call to Order The meeting was called to order at 11:15 a.m. ; roll call was taken and a quorum was present. James Smiertka was excused from the meeting. 2. Approval of Minutes Lenora Jadun moved to approve the minutes of the LBA Regular Meeting of 01/12/95; supported by Bob Swanson; approved 2-0 roll call vote. 3. Ticket Writers Cash Collection Bob Swanson moved that the remaining proceeds of the 1988 bonds be preserved for payment of the Ticket Writers Cash Collection; and that payment shall be expended on or before October 1, 1995; supported by Lenora Jadun; motion carried by 2-0 roll call vote. 4. Liskey's Lenora Jadun indicated this item would need to be discussed in executive session at the end of this meeting. 5. 215 North Larch Dan Danke indicated that this property has contaminated soil and additionally testing was done to see if it was leeching; the samples indicated that it was not and that the contamination of lead was not at the hazardous level. SEG will be taking another sample on March 1, 1995 and the DNR will then determine whether it is contaminated. If so, LBA will need to authorize additional funds for removal of the hazardous waste to a Detroit landfill. Bob Swanson moved to authorize funding of $60,000 from Account No. 513 453660 971000 12031 for removal of hazardous materials if the soil is determined to be contaminated; supported by Lenora Jadun; approved by 2-0 roll 1 call vote. 6. Request for Traffic Signal Upgrade: Cesar Chavez Ave./Washtenaw St./River St. Dan Danke advised that because of the construction of the parking lot in this triangle area, the existing traffic signal is inadequate for the changing needs at this intersection. Therefore, he is requesting LBA to authorize funds for the traffic signal upgrade in the amount of$36,000 to Account No. 513 453660 971000 12029. Mr. •Danke indicated that the removal of River Street will occur in late March. Bob Swanson moved to transfer monies in the amount of$36,000 to Account No. 513 453660 971000 12029 from the unexpended fund balance for the traffic signal upgrade; supported by Lenora Jadun; approved by 2-0 roll call vote. 7. Other Business a) Bob Swanson indicated that there were six companies who bid to be chosen for LBA's underwriting team; the fourth firm was close to the top firms and Mr. Swanson would like LBA to also add Temper Securities to the Underwriting Team for LBA; so moved by Bob Swanson; supported by Lenora Jadun; approved 2-0 roll call vote. b) An invoice from Stauder, Barch &Associates regarding the parking study and refunding study was received by Pat Cook of Economic Development; Dave Berridge indicated that when the matter was taken to counsel, it was decided that LBA would pay for these costs. Dave Berridge indicated that the City Counsel indicated that the $17,500 portion for the parking study could be paid from the parking system professional services account. Bob Swanson indicated that this cannot be paid from the Refunding Bonds. Lenora Jadun indicated that she does not understand whether this request is being made that LBA pay the total amount of the invoice in the amount of $41,000 or whether this request is for LBA to pay the $17,500 portion which represents the parking study? This item was tables to the next LBA meeting. c) East-West Alley/Michigan between Cedar and Larch Streets Denise Estee indicated that the City Attorney's office has indicated we need title commitments on this alley. It will cost approximately $2,100 for the title work and Ms. Estee is requesting authorization from LBA to fund this expense. Bob Swanson moved to appropriate $2,100 to Account #513 453660 971000 12032; supported by Lenora Jadun; carried by 2-0 roll call vote. d) Starr's Black & Tan March 8, 1995 is the hearing date on the Motion for Possession. 8. Public Comment Harold Leeman asked how much the parking signal will cost at River Street/Washtenaw/S. Cesar Chavez and he was told it will cost $36,000. 2 Bob Swanson moved to go into executive session to discuss negotiation strategies regarding Liskey's settlement; supported by Lenora Jadun and the meeting went into closed session. The meeting was adjourned after returning to open session. /kmf 3 95-02-27A09 : 1 1 IZCVD f AGENDA LANSING BUILDING AUTHORITY SPECIAL MEETING OF FEBRUARY 28, 1995 11:00 a.m. Location: 7th Floor Conference Room, City Hall Lansing, Michigan 1. Call to order 2. Approval of Minutes: 1/12/95 LBA Regular Meeting 3. Ticket Writer's - Cash collection (Lenora Jadun) 4. Liskgy's - Settlement . (Denise Estee) 5. 215 N. Larch - Environmental (Dan Danke) 6. Request for Traffic Signal Upgrade at Chavez/Washtenaw (Dan Danke) 7. Other Business 8. Public Comment 9. Adjourn Members: Lenora Jadun, Chairperson Robert Swanson, Treasurer James D.Smiertka, Secretary MINUTES OF A REGULAR MEETING OF R E I V E D THE LANSING BUILDING AUTHORITY £_ 7i ; 2 9 HELD ON FEB RUARY 23, 1995, 3:30 p.m. APR LASING CITY CLERK Members Present: NONE Members Absent: Lenora Jadun, Chairperson James Smiertka, Secretary Robert Swanson, Treasurer Others Present: Kathleen Frantz, Recording Secretary The meeting was cancelled since no quorum was present. MINUTES OF A SPECIAL MEETING OF C E E p THE LANSING BUILDING AUTHORITY HELD ON FEB RUARY 7, 1995, 3:30 p.m. C� K Members Present: Lenora Jadun, Chairperson James Smiertka, Secretary Robert Swanson, Treasurer Others Present: Bill Danhof, Esq. ; Miller, Canfield, et al. Douglas Rubley, Finance Department Denise Estee, Development Division Dave Berridge, Transportation Div. Dan Danke, Transportation Div. Antonia Magistro, Purchasing Supervisor Harold Leeman, Citizen Tim Lewis, Citizen Kathleen Frantz, Recording Secretary The meeting was called to order at 3:40 p.m. by Lenora Jadun; roll call was taken and a quorum was present. 2. Phillco - Paul Automotive Dan Danke provided an overview of environmental issues relating to the LBA. SEG had a contractor remove the existing drain grates and discovered that the environmental problems were much more extensive than originally estimated. The total for this service is $78,632.25. Dan Danke request that LBA set aside $80,000 to fund this service. This work is being performed by John Carlo Company. This remediation must be done before March 15, 1995 in order to keep in line with other deadlines imposed by the baseball construction and preparation.of the soil for the baseball complex. The current contract is for $24,000 for this work and now they found the environmental problems are much larger. Harold Leeman indicated that MacKenzie and Snell Environmental have been getting these bids for a long time and Snell was the company who did not see the underground storage tanks on the Triangle properties. Mr. Danke advised that this current contract was competitively bid for this project. This $78,632.25 is-in addition to the $24,000 previously approved by the LBA. Dave Berridge indicated that perhaps the Law Department should look into whether the Phillco escrow account would be where monies could come from to fund these expenses. Lenora Jadun entertained a motion for authorization that LBA enter into the contract with SEG to perform this work for an additional amount of$80,000 in Account No. 513 453660 97100012031. Antonia Magistro advised that because of the deadline for Clark Construction Co. on the baseball project she is concerned as this work must be completed before March 1, 1995. Motion supported by Bob Swanson; approved by 3-0 roll call vote. 3. Black & Tan Brian Bevez advised that a letter was received from Robin Omer, attorney for Black & Tan, dated 1/27/95 indicating that his clients do not want to accept the settlement amount of $26,000 and indicated they are withdrawing their proposal for this settlement amount which was approved by LBA at their 1/26/95 meeting. James Smiertka moved to rescind the offer for settlement in the amount of$26,000 and that the hearing on the Motion for Possession be scheduled to obtain possession of this property; supported by Bob Swanson; motion approved 3-0. Harold Leeman asked what the settlement is on this property and Denise Estee indicated real estate and business interruption claims totalled approximately $300,000-$400,000. 4. 211 East Kalamazoo Dan Danke advised that when the tanks were discovered in August 1994, MacKenzie was to register the tanks and remove them. An invoice in the amount of $2,338.72 needs to be paid and he is requesting authorization to pay this amount from Account No. 513 453660 971000 12029; so moved by Bob Swanson; supported by Jim Smiertka; approved 3-0 roll call vote. 5. 307 S. Cesar Chavez/Grand Avenue Dan Danke indicated that in order to continue with remediation, LBA needs to authorize a Phase II Hydrogeological study in the amount of $20,600 for MacKenzie to complete this task and must be done to be eligible for a MUSTVA claim; so moved by Bob Swanson; supported by Lenora Jadun; approved 3-0 roll call vote. Lenora Jadun entertained a motion to adjourn; so moved by Bob Swanson and the meeting was adjourned at 4:30 p.m. by roll call vote of 3-0. • 0 I< C:EEti EN _TICE OF A SPECIAL MEETING FEB 3 AIM 100: 24 LANSING BUILDING AUTHORITY LANSPNO CITY CLERK FEBRUARY 7, 1995, 3:30 p.m. LOCATION: 7th Floor Conference Room, City Hall AGENDA 1. Call to order 2. Paul Automotive Supply: Environmental Issues 3. Black & Tan -- Possession 4. Other Business 5. Public Comment 6. Adjourn Members: Lenora Jadun, Chairperson (483-453) Robert Swanson, Treasurer (4834505) James D.Smiertka, Secretary (4834320) MEC EIVED M FEB -3 AM 10� 24 LANSING CITY CLERK NOT=CE OF CANCELLAT=ON OF A REGULAR MEET=NG OF THE LANS =NG BU S LD=NG AUTHOR=TY PLEASE TAKE NOTICE that the regular meeting of the Lansing Bu11d1Y1g Authority which was scheduled for Thursday , February 9 , 1995 , at 10 : 00 a _ m _ HAS BEEN CANCELLED _ MINUTES OF A REGULAR MEETING OF RECEIVED THE LANSING BUILDING AUTHORITY HELD ON JANUARY 26, 1995, 10:00 a.m. 95 A � 17 AH !Q: Members Present: Lenora Jadun, Chairperson LANS!NG CITY CLERK James Smiertka, Secretary Robert Swanson, Treasurer Others Present: Judyth Kehler, City Treasurer Robert Engel, Development Div. Bill Danhof, Esq. ; Miller, Canfield, et al. Jay Reisig, Esq. ; Miller, Canfield, et al. Paul Stauder; Stauder, Barch & Assoc. Douglas Rubley, Finance Department Denise Estee, Development Division Pat Cook, Economic Development Dennis, Sykes, Planning & Development Dave Berridge, Transportation Div. Dan Danke, Transportation Div. Brian Bevez, Assistant City Attorney Kathleen Frantz, Recording Secretary The meeting was called to order at 10:10 a.m. by Lenora Jadun; roll call was taken and a quorum was present. 1. Public Comment: None 2. Phillco - Paul Automotive Lenora Jadun indicated that action was already discussed at a previous LBA meeting at which time LBA decided that it will not release escrow funds until the site has been cleaned up in final. Brian Bevez mentioned that this request has been before LBA in the past and that no new issues have been included with this request. No action was taken by LBA on this matter and Mr. Bevez is to communicate with Michael Perry that LBA will not release the escrow funds at this time. 3. Miller, Canfield, Paddock & Stone - Amendment #17 to Legal Services Agreement (Account Number) Lenora Jadun moved to.approve Amendment#17 to the Legal Services Agreement with Miller, Canfield, et al. for legal services relating to the Refunding of the Bond Issue and tax advice on use of LBA properties; further, that $20,000 funded on Purchase Order #303101 be transferred from Account No. 513 453660 971000 12031 to Account No. 513 453660 971000 743000; supported by James Smiertka; approved by 3-0 roll call vote. 1 4. LBA Refinancing Lenora Jadun asked counsel from Miller, Canfield, et al. to lead the discussion on this matter. Bill Danhof gave an update and indicated that in November 1994 a resolution was adopted and LBA needs to follow the changes to be made by an underwriter. Bob Swanson indicated that the resolution has not been passed and thereafter, it would need to be signed with the Michigan Department of Treasury. LBA needs to select an underwriter and then move rapidly and decide if new money will be sought with the refunding. Discussions have been held with tax attorneys and there are no major problems with proceeding with this issue. Bob Swanson indicated the underwriter proposals are due today (1/26/95). Mr. Swanson also indicated that funds for the parking and plaza associated with the stadium and new generation of parking meters will cost approximately 1.5 million dollars and would need to be considered as new monies associated with the refunding on the bond issue. Jim Smiertka asked what amount is being reassigned and Paul Stauder advised that it is approximately 23.5 million dollars, before applying for new bond authorization at 30 million dollars. Bob Swanson indicated that from some of the discussions with the underwriters, there may be reassigning of the CABS. The CABS are taken care of by the TIFA. Mr. Smiertka asked how this will effect the debt service on the bond. After removal of the CABS it takes the debt service from 3.2 million dollars to 2 million dollars.. There are two new projects: 1) $580,000 for new meters; and 2) Parking and Plaza for the stadium at approximately 1.5 million dollars. Lenora Jadun indicated that the may have another project if the environmental grant is not approved by the State of Michigan. Discussion ensued regarding possible new projects to be added to the refunding bonds. It was mentioned that parking revenues will go to the City from the Plaza parking. Jim Smiertka asked why we need new meters and Bob Swanson indicated that the new parking rates cannot go into effect until new meters are purchased. Dave Berridge indicated that it will cost approximately $40.00 per meter for 2,700 meters to equal $120,000 in order to prepare the current meters for the rate change. Mr. Smiertka asked what the new revenue would be with the new meters. Dave Berridge indicated that repairs would be minimized. Mr. Smiertka asked what other cities have installed this type of equipment and Mr. Berridge advised that Ann Arbor has the new meters and that MSU and Kalamazoo had some and then took them out. It would take approximately one year to convert meters from current mechanicals to updated mechanicals. Bob Swanson asked why the cost estimated at the last week's meeting was $300,000, and now it has increased to $580,000. Mr. Berridge advised that more meters have been added to the estimate to include the total area for conversion. Mr. Berridge further indicated that new revenues from the meters are estimated at $400,000 and therefore within approximately one year, would pay for themselves. However, since it would take one year to install the new meters, the new revenues would not be seen until the following year. Mr. Berridge advised that another issue would be proposed for Third Generation Revenue Control for the Attendant Parking. This new project would reduce internal or external fraud at parking facilities. An estimated $100,000 in revenues are projected from this project which would cost $275,000. 2 The following is an overview given of the estimated costs for proposed new projects: $275,000.00 Revenue Control For Attendant Parking $400,000.00 Meters $1,500,000.00 Plaza/Plaza Parking $250,000.00 Environmental Issues $2,425,000.00 TOTAL IN PROPOSED NEW PROJECTS Paul Stauder advised that the bond refinancing and new projects need to be fit into 2.1 million dollars or less to comply with the Notice of Intent. The following motions were made relative to adding new projects to the refunding bonds: Bob Swanson moved to approve the new project for Third Generation Revenue Control for Attendant Parking in the amount of $275,000; supported by James Smiertka; approved by 3-0 roll call vote. Lenora Jadun moved to include the new project for electronic parking meters in the amount of $400,000; supported by Bob Swanson; carried by 2-1 roll call vote. (Smiertka negative). Motion by Bob Swanson to approve the addition of the Plaza and Plaza Parking project at 1.5 million dollars; supported by Jim Smiertka; approved by 3-0 roll call vote. James Smiertka moved to approve $250,000 for environmental remediation on the property targeted for the Plaza, if the State of Michigan does not approve the grant; supported by Swanson; approved 3-0. Mr. Danhof advised he will revise the approved resolution to include the new projects in the purpose, and up to 3 million dollars; this resolution and notice of intent relating to the bond lease will need to be approved by City Council; JIM SMIERTKA MOVED THAT LBA APPROVE THE RESOLUTION AND NOTICE OF INTENT TO INCLUDE THE NEW PROJECTS IN THE PURPOSE, AND THAT THE RESOLUTION BE APPROVED FOR AN AMOUNT OF UP TO 3 MILLION DOLLARS; ALSO TO APPROVE THE BOND CONTRACT OF LEASE RELATING TO THIS RESOLUTION; SUPPORTED BY LENORA JADUN; APPROVED BY 3-0 ROLL CALL. Discussion was held regarding the resolution passed by LBA on November 10, 1994, on the entire bond issue which has a balance of 30.750 million dollars. Jim Smiertka asked how this effects the parking system and the debt service. Paul Stauder indicated that he feels this can be reassigned to reduce the debt. 5. Other Business Black & Tan Brian Bevez advised that the Motion for Possession is scheduled (again) for January 25, 1995. However, at a counsel meeting the issue came up s to where Black & Tan 3 was going to move. The site being considered is the J & B Saloon and Black and Tan would have to purchase an existing liquor license. The City Council decided it would be in the best interest of the City to help find a relocation for Black and Tan and therefore the Motion for Possession has been adjourned. Robin Omer is the attorney for Black & Tan and indicated that his clients would settle for a total of $26,000, to include that the City would assist them with obtaining a site for relocation and also iricludes attorney fees. Mr. Bevez indicated that David Wiener has been assigned the task of assisting with relocation of Black & Tan. Mr. Smiertka discussed the $26,000 offer and that the agreement which has already been signed is settlement of this matter; therefore, LBA does not have any further liability as far as condemnation. Discussion ensued regarding the status of other properties in the area and that Finishmaster has moved out and it will cost the LBA more money to develop the property around Black & Tan. The City is losing approximately $20,000 per month in revenue from the Black & Tan property. James Smiertka moved to finalize this issue for$26,000 with the agreement that Black & Tan waive all claims and that the key to the building must be provided to LBA by the February 21, 1995 possession date, before LBA will make payment of the $26,000 settlement; support given by Bob Swanson; motion unanimously approved by roll call vote. b) Appropriation Request: Cash Handling Equipment/Hand Held Ticket Writers Dave Berridge provided a memo dated January 26, 1995 regarding an appropriation request for cash handling equipment/hand held ticket writers. This equipment would replace the equipment used for cash handling of parking ticket payments and integration of new equipment for issuing parking tickets with the cash handling equipment. This equipment will be domiciled and/or installed in the North Cesar Chavez ramp as part of the parking system operations. Mr. Berridge recommended that $120,000 of the residual bond funds from the 1986/88 LBA bond issue be appropriated and utilized for the acquisition, if LBA determines this equipment is eligible for payment from LBA bond proceeds. Mr. Danhof advised this was an appropriate relationship to the Bond Issue. Jim Smiertka asked why this bond issue was not closed. Bob Swanson indicated that $140,000 is left in residual funds. Lenora Jadun asked if there were any further questions and Mr. Swanson indicated that after meeting with Miller, Canfield, he is comfortable with this purchase of equipment. Bob Swanson moved to approve this request and that $120,00 be appropriated to purchase Cash Handling Equipment/Hand Held Ticket Writers; support given by Lenora Jadun; motion carried 3-0. c) Appropriation Request: Electronic Parking Meters Dave Berridge indicated that 2900 new electronic meters are needed to replace existing mechanical parking meters for an estimated cost of $580,000. Mr. Berridge asked legal counsel whether monies for this equipment would be appropriated from Bond Refunding. Bill Danhof advised that it would not be appropriate and it would not be.recommended. Mr. Danhof indicated that perhaps this could be done with a 4 new bond issue or with an Act 99 installment purchase contract. If these were purchased from the existing bond, a reimbursement resolution would be recommended. Lenora Jadun indicated that the Notice of Intent has not been published on the existing bond. Bill Danhof indicated he has that paperwork with him. This item was tabled. d) Environmental Issues Lenora Jadun asked Dan Danke if there were any outstanding environmental issues to discuss. MacKenzie asked him today if they can go on Black & Tan property with a drill right and Jim Smiertka indicated that Brian Bevez will make the necessary calls. Bob Swanson indicated that the early estimate about residual funds for escrow accounts were a bit under and it appears there may be more monies available. Paul Automotive and Northside Towing are the two remaining properties to be cleaned up and Ms. Jadun indicated that a site reclamation grant is going to be requested from the State, but the other monies must first be expended. e) Approval of Minutes Bob Swanson moved to approve the LBA minutes of meetings held on December 8, 1994, December 20, 1994 and December 29, 1994; supported by Jim Smiertka; approved by 3-0 roll call vote. f) Restructure of LBA Bill Danhof advised that in restructuring LBA, the existing body would survive and reconsolidated to a larger Board and eliminate the Greater Lansing Exhibition Hall Authority (GLEHA) . The GLEHA has no outstanding bonds and it would be easier to transfer to LBA's new Authority. One issue would be that the Statute requires that in the Articles of Incorporation, they be given a right to contest any amendments to the Articles of Incorporation. Some of the issues to discuss are who would sit on the board, and formal amendments presented to council to amend the Articles of Incorporation and dissolve the previous Authority (GLEHA) . A resolution would need to be made of the current GLEHA responsibilities. The City Market, Lansing Center, Parking and Baseball Stadium would control this Authority. g) Release of Property for Transportation Center Bob Swanson indicated that action needs to be taken by LBA before ground can be broken on this project. Bill Danhof advised that the CATA issue is more of a priority at this time. Lenora Jadun entertained a motion to adjourn; so moved by Bob Swanson and the meeting was adjourned at 11:50 a.m. by roll call vote of 3-0. 5 • MINUTES OF A REGULAR MEETING OF I�E(,E 1 V E D THE LANSING BUILDING AUTHORITY HELD ON JANUARY 12, 1995, 10:00 a.m. Jt5 #' `' 2 LANSING CITY CLERK Members Present: James Smiertka, Secretary Robert Swanson, Treasurer Members Absent: Lenora Jadun (Excused) Others Present: Douglas Rubley, Finance Department Denise Estee, Development Division Dan Danke, Public Service Brian Bevez, Assistant City Attorney Kathleen Frantz, Recording Secretary The meeting was called to order by James Smiertka; roll call was taken and a quorum was present. Lenora Jadun was excused from the meeting. 1. 211 East Kalamazoo - Remediation Dan Danke indicated that Superior Environmental has requested a Phase I Hydrogeological Study for this property and that funds need to be appropriated (approximately $11,435) by the' LBA for this work. In addition, Superior Environmental has submitted a request for disposal of drums from 211 E. Kalamazoo Street. The contents are considered hazardous and the estimated cost to dispose of these drums is $5,310.00. Therefore, Dan Danke requested that LBA authorize an appropriation of funds in the amount of $16,745.00 from Account #513 453660 971000 12029, and further, that Lenora Jadun be authorized to sign the agreement. Mr. Danke indicated that LBA should get all but 10-15% back for remediation expenses after submitting a MUSTVA claim. Doug Rubley indicated monies are available for this purpose. James Smiertka moved to authorize an appropriation of funds in the amount of $16,745.00 from Account #513 453660 971000 12029, and further, that Lenora Jadun be authorized to sign the agreement; supported by Bob Swanson; motion carried by 2-0 roll call vote. Other Business a) 215 North Larch Dan Danke advised that in September 1994 they came across two oil separation tanks. These materials are not covered under MUSTVA and it will cost approximately $23,663.48 to remove the tanks. Therefore, funding in the amount of $24,000 is needed to cover the costs of remediation. SEG has a blanket purchase order and the City has used SEG for all Baseball Stadium related properties. SEG has been through the RFQ process and have been chosen as the City's environmental consultant for the LBA project. j •i Bob Swanson moved to authorize the appropriation of $24,000 from Account #513 453660 97100012031 for this remediation and that Lenora Jadun be authorized to sign the agreement; support given by James Smiertka; motion carried by 2-0 roll call vote. b) Status of Project Doug Rubley was present and gave an overview of the LBA project to date. The next update will reflect the available cash to refund the LBA bonds. Pat Cook asked how many properties were still outstanding. Denise Estee indicated that the following properties were still outstanding: Finishmaster, Black & Tan, All Star . Printing, Liskey's and Lansing Transmission. Doug Rubley advised there will still be costs associated with these five properties. Doug Rubley advised that he wants the record to reflect that this estimate has been provided to the members of the LBA in writing. c) LBA v Ramstar Brian Bevez advised that this case is still pending and open since LBA doe not yet have possession of the property. Brian advised that the monies are a fixed amount. The opposing party is now asking for an additional$26,000 in settlement, per a letter dated 1/10/95. The motion for possession is currently scheduled to be heard on January 25, 1995; this is the fourth time the date has been rescheduled. Antonia Magistro indicated that this further delays the paving project which is scheduled to begin May 1, 1995. The LBA has already extended the lease for.90 days. Denise Estee asked whether there is a possibility the Ram Starr can file a claim for business interruption. Jim Smiertka advised that LBA filed a condemnation action and settled this matter for all claims and they were to leave by the date certain; since they have not left the property, the LBA has filed its motion for possession before the Court. Black & Tan has not moved although they have signed a full release. Black & Tan has indicated they have not been able to find a new location. The LBA has a signed order by the Court for possession of the property and settlement of this action. Jim Smiertka moved to table this item pending the outcome of the Motion for Possession scheduled for January 25, 1995; support by Bob Swanson; motion carried 2-0. d) Refunding of the Bonds Jim Smiertka advised that on November 10, 1994, the LBA passed a motion regarding the resolution for refunding of bonds and because the figures have changed per the Department of Treasury, he will be providing an amended resolution. Jim Smiertka advised he will meet with Miller Canfield Paddock & Stone tomorrow regarding LBA refunding and also restructuring of the LBA. Bob Swanson indicated that the RFQ is currently outstanding for LBA restructuring. e) Finishmaster Denise Estee advised that LBA will take possession of this property on January 13, 1995 and LBA will be purchasing some of the fixtures. Ms. Estee indicated she needs the direction of LBA as to whether the LBA desires that an auction be held to sell the fixtures, or whether they should go down with the demolition. Ms. Estee advised y she will provide the members of LBA with a complete list of fixtures tomorrow. Dan -Danke advised he has a contractor ready to demolish the building and Ms. Estee indicated that there is approximately a $50,000 value on the fixtures. Bob Swanson asked what the best practice has been in the past and Doug Rubley advised an auction is held if the fixtures are considered to be valuable. Mr. Swanson indicated that the Purchasing Supervisor, Antonia Magistro, can look at the list.of fixtures to determine whether an auction should be held. Bob Swanson moved that LBA authorize the City's Finance Director to make a final decision to determine whether the fixtures are valuable after consulting with the Purchasing Supervisor; supported by James Smiertka; motion carried by 2-0 roll call vote. f) Liskey's Denise Estee indicated she needs to know what LBA wants to do with the Liskey's property. Dan Danke advised he has a contractor ready to demolish the property pending a decision of LBA as to whether to demolish the building or sell the building. The move of Central Garage may effect the use of this property since this may be a good place for Central Garage to be relocated. This item was tabled. James Smiertka entertained a motion to adjourn; so moved by Bob Swanson and the meeting was adjourned at 10:50 a.m. by roll call vote of 2-0. } 1990 BUILDING AUTHORITY / PARKI•NG SUMMAR➢ CITY OF LANSING MUNICIPAL PARKING SYSTEM FUND 29-Nov-94 CASH FLOW MODEL FOR LOT & RAMP CONSTRUCTION ------------------------------------------------------------------------------------------------------- ESTIMATED ACTUAL G/L BALANCE PROJECT EXPENDITURE PROJECT EXPENDED TO BALANCE AVAILABLE DESCRIPTION TYPE COSTS DATE I1/09/94 1 11/09/94 - ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- TOTAL # AVAILABLE FOR PROJECT 32,413,112 -------------- t t t LOTS t t t 12031 SUB TOTAL PAUL AUTO 2,001,591 1,867,091 134,500 432,287 12029 SUB TOTAL - LOT D-4 4,145,201 3,061,621 1,083,580 681,682 SUB TOTAL INT• SHUTTLE - - - 12030; 12032; 12033 SUB TOTAL-CEDAR/LARCH 12,165,211 8,961,636 3,203,575 766,050 ---------------------------------------------------- TOTAL - ALL LOTS 18,312,003 13,890,348 4,421,655 1,880,018 t t t RAMPS t t t 12041 SUB TOTAL RAMP B-1 5,165 5,165 - 670 12042 SUB TOTAL RAMP E1/E2 2,099,155 2,042,405 56,750 227,371 ---------------------------------------------------- TOTAL - ALL RAMPS 2,104,320 2,047,570 56,750 228,041 tt : OTHERt : : 55001 DESIGN & INSPECTION 524,686 524,686 - 98,423 CONTINGENCY 447,841 - 447,841 ---------------------------------------------------- TOTAL CONTINGENCY 972,526 524,686 447,841 98,423 ---------------------------------------------------- GRAND TOTAL CASH FLOW 21,388,849 16,462,604 4,926,246 2,206,483 ---------------------------------------------------- ---------------------------------------------------- 1990 BUILDING AUTHORITY / PARKING SUMMARY CITY OF LANSING MUNICIPAL PARKING SYSTEM FUND 29-Nov-94 CASH FLOW MODEL FOR LOT & RAMP CONSTRUCTION ------------------------------------------------------------------------------------------------------- ESTIMATED ACTUAL G/L BALANCE PROJECT EXPENDITURE PROJECT EXPENDED TO BALANCE AVAILABLE DESCRIPTION TYPE COSTS DATE 11/09/94 1 11/09/94 TOTAL AVAILABLE FOR PROJECT 32 413,112 -------------- t t t LOTS t t t 12031 SUB TOTAL PAUL AUTO 2,001,591 1,867,091 134,500 432,287 12029 SUB TOTAL - LOT D-4 4,145,201 3,061,621 1,083,580 681,682 SUB TOTAL INT. SHUTTLE - - - 12030; 12032; 12033 SUB TOTAL-CEDAR/LARCH 12,165,211 8,961,636 3,203,575 766,050 ---------------------------------------------------- TOTAL - ALL LOTS 18,312,003 13,890,348 4,421,655 1,880,018 t : tRAMPStt : 12041 SUB TOTAL RAMP B-1 5,165 5,165 - 670 12042 SUB TOTAL RAMP EI/E2 2,099,155 2,042,405 56,750 227,371 ---------------------------------------------------- TOTAL - ALL RAMPS 2,104,320 2,047,570 56,750 228,041 t t t OTHER t t t 55001 DESIGN & INSPECTION 524,686 524,686 - 98,423 CONTINGENCY 447,841 - 447,841 ---------------------------------------------------- TOTAL CONTINGENCY 972,526 ' 524,686 447,841 98,423 ---------------------------------------------------- GRAND TOTAL CASH FLOW 21,388,849 16,462,604 4,926,246 2,206,483 ---------------------------------------------------- ----------------------------------------------------