Home Builder Developer - Interior Renovation and Design

After reviewing the Church of Jesus Christ of Latter-day Saints' plans for an apartment tower, townhouses, retail space, and a meetinghouse at 1601 Vine St., the city Planning Commission's Design Review Committee advised the church to open a garden to the public, work with the Streets Department to improve traffic flow on adjacent Wood Street, and use a higher-grade material than blacktop in a public courtyard.

The committee then closed its review, with little information on the large amount of public art the church is required to provide.

CDR committee members, who met earlier this week, weren't totally thrilled about that last bit.

Whatever we decide here becomes the way future developers come before us, said committee member Cecil Baker. This is part of the public realm. When jobs get this large, it's a very important part. This is a major, major opportunity, the likes of which come rarely.

But the committee let the project through, seemingly persuaded by the Mormons' attorney on the project, Peter Kelsen, and senior real estate manager, Michael Marcheschi, who said that it would be months before the public art program was finalized. The project's construction schedule would be greatly delayed if the committee made the church return with that plan before closing its review, Marcheschi said.

The church has a conditional zoning permit but can't get a final permit until the CDR process is closed.

Besides, Kelsen said, this is a special circumstance. The complex of residential, church and other spaces triggered CDR review because it is more than 100,000 square feet and calls for more than 100 residential units.

Because the proposed complex sits on land controlled by the Philadelphia Redevelopment Authority, it must also earn RDA approvals. It is part of the Franklintown Renewal Plan. Redevelopment Authority rules also require the church to spend 1 percent of the project's total cost on public art.

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Mormon apartment tower, meetinghouse complex passes design review

August 8, 2014 Judge: Church of God fraud case closed Deadline set to settle investment fraud case with Church of God members

By Traci Moyer The Herald Bulletin The Herald Bulletin The Herald Bulletin Fri Aug 08, 2014, 08:25 PM EDT

ANDERSON -- No objections have been filed preventing the closure of a decade-old investment fraud case involving the Church Extension of the Church of God.

The deadline for objections to a plan resolving the case was Aug. 4.

In 2002, the U.S. Securities and Exchange Commission (SEC) filed an $85 million investment fraud suit against the Church Extension, United Management Services Inc., James Perry Grubbs and Shearon Louis Jackson alleging Grubbs and Jackson misled investors.

According to court documents, the Anderson-based Church Extension helped fund construction or renovations of churches for the Church of God and from 1996 to 2002 selling millions of dollars in investment notes to its church members.

Investors were told the funds from the sale of the investment notes went for construction or renovations, but court records state the money raised made interest and principal payments to prior investors and that the safety and the risk associated with the investment notes was misstated.

During a final hearing in June, U.S. District Court Southern District of Indiana Judge David Hamilton ruled that pending any additional objections the case would be closed. The deadline for objections was Aug. 4, but court officials say none were filed.

Hamilton approved the final terms of the case and granted related relief in the case. His ruling allows for a final distribution to creditors. Any cash remaining in the estate for undeliverable checks will be sent to Indiana Unclaimed Property.

The ruling states that an order to dissolve the receivership, discharge all parties from additional duties, approve all pending fee applications and allows properties creating a financial drain on Church of God assets to be disposed of must be filed on or before Oct. 27, 2014.

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Judge: Church of God fraud case closed

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