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South Bend Redevelopment Commission <br />Regular Meeting –July 23, 2010 <br /> <br />6. NEW BUSINESS (CONT.) <br /> <br />D. Airport Economic Development Area <br /> <br />(8) continued… <br /> <br />Ms. Kolata noted that the Commission has <br />done a lot of remediation on the Studebaker <br />Stamping Plant property, but there are still <br />some areas that have materials in the soil. <br />This grant is also for $160,000, but it is the <br />same $160,000 as mentioned previously. <br />The budget for this application is more than <br />for the former railroad property, at $117,000. <br />Our intent is to pay for the remediation on <br />the former railroad property, use the <br />remaining money for the Stamping Plant <br />property, and pay for the rest with TIF funds. <br />The goal will be to not have grant money left <br />over. We added this project because the <br />railroad project will cost less than we <br />originally thought. <br /> <br />CB <br />Upon a motion by Ms. King, seconded by <br />OMMISSION APPROVED THE ROWNFIELDS <br />CRLFG <br />LEANUP EVOLVING OAN UND RANT <br />Mr. Varner and unanimously carried, the <br />A–ER <br />GREEMENT NVIRONMENTAL EMEDIATION <br />Commission approved the Brownfields <br />SSP <br />AT THE FORMER TUDEBAKER TAMPING LANT <br />Cleanup Revolving Loan Fund Grant <br /> <br />PROPERTY <br />Agreement – Environmental Remediation at <br />the former Studebaker Stamping Plant <br />property. <br /> <br /> <br />(9) Resolution No. 2725 approving and <br />authorizing the execution of an Addendum <br />to the Master Agency Agreement – <br />Environmental Remediation at the former <br />Studebaker Stamping Plant property) <br /> <br />CRN.2725 <br />Upon a motion by Ms. King, seconded by <br />OMMISSION APPROVED ESOLUTION O <br />APPROVING AND AUTHORIZING THE EXECUTION <br />Mr. Varner and unanimously carried, the <br />AMA <br />OF AN DDENDUM TO THE ASTER GENCY <br />Commission approved Resolution No. 2725 <br />A–ER <br />GREEMENT NVIRONMENTAL EMEDIATION <br />approving and authorizing the execution of <br />SSP <br />AT THE FORMER TUDEBAKER TAMPING LANT <br />an Addendum to the Master Agency <br />) <br />PROPERTY <br /> 12 <br /> <br />