Laserfiche WebLink
South Bend Redevelopment Commission <br />Regular Meeting —April 26, 2011 <br />requested. The cost of the Minor <br />Subdivision is $4,175. <br />Staff requests approval of the attached ALTA <br />and Topographic survey, and Minor <br />Subdivision professional services <br />agreements, in a not to exceed amount of <br />$11,000. <br />Upon a motion by Mr. Downes, seconded by <br />Mr. Alford and unanimously carried, the <br />Commission accepted the proposal from <br />Danch Hamer & Associates for the scope of <br />services proposed and a fee not to exceed <br />$11,000. <br />(4) Request to use Airport Economic <br />Development Area Tax Increment <br />Financing funds for the purchase of <br />capital equipment for Blackthorn Golf <br />Course. <br />Ms. Leonard noted that staff is requesting <br />permission to use approximately $75,000 of <br />Airport TIF monies to finance the purchase <br />of 3 pieces of maintenance equipment for the <br />golf course. The Airport TIF monies will be <br />repaid by Blackthorn Golf Course at 0% <br />interest over 8 years— making 6 seasonal <br />payments totaling approximately $9,400 per <br />year to efficiently manage cash flow. The <br />pieces are: 1 Triplex Green Mower; 1 <br />Walking Aerator for Greens; and 1 Green <br />Tee Bank Mower. These pieces will replace <br />current equipment pieces which are each <br />over 15 years old. The bids for this <br />equipment are currently under review. If the <br />Commission does not approve financing <br />through TIF, we will need to seek financing <br />through the vendor, at a higher cost. <br />Ms. Leonard provided a pro forma for <br />Ifel <br />COMMISSION ACCEPTED THE PROPOSAL FROM <br />DANCH HARNER & ASSOCIATES FOR THE SCOPE <br />OF SERVICES PROPOSED AND A FEE NOT TO <br />EXCEED $11,000 <br />