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07-16-04 Redevelopment Commission Minutes
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07-16-04 Redevelopment Commission Minutes
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Redevelopment Commission Meeting <br />Regular Meeting — July 16, 2004 <br />6. NEW BUSINESS (CONT.) <br />D. South Bend Central Development Area <br />(2) continued... <br />(Business Districts, Inc.) <br />Mr. Mathia noted that Business Districts, <br />Inc. (BDI) has submitted a proposal to <br />prepare an RFQ/RFP to solicit proposals <br />for redevelopment of the Hotel La Salle. <br />The proposed work is a follow -on to their <br />economic and market analysis for the Hotel <br />and the Osco Block. The Commission <br />approved in principal the concept of this <br />follow -on work when the proposal for the <br />market and economic analysis was <br />approved on February 6, 2004. The <br />proposed work is for the Hotel La Salle <br />only. A separate proposal may be <br />submitted for the Osco Block at a later <br />time. <br />The BDI proposal contains two activities. <br />The first activity includes a review of the <br />site, interviews with interested parties and <br />the preparation of the RFQ/RFP as a <br />deliverable. The second activity is <br />optional. Under the second activity BDI <br />would provide assistance to the Staff and <br />Commission in the review, evaluation and <br />ranking of any developer proposals <br />received. The total cost for the two <br />activities is estimated to be $10,000. <br />The Redevelopment Commission is <br />requested to (a) approve the concept of the <br />proposal, including both activities; (b) <br />approve funding up to $12,500 (the <br />additional $2,500 is to cover any <br />contingencies); (c) direct Staff to negotiate <br />c, 7 <br />
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