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' ' 1 <br />14 <br />South Bend Redevelopment Commission <br />Regular Meeting —June 6, 2003 <br />6. NEW BUSINESS <br />D. Airport Economic Development Area <br />(2) continued... <br />Mr. Rock noted that Crowe Chizek has <br />submitted a proposal to provide financial <br />advisory services for the Airport TIF <br />Revenue Bond Financing. The proposed fee <br />is a not -to- exceed amount of $35,000. <br />Upon a motion by Mr. Faccenda, seconded <br />by Ms. Jones and unanimously carried, the <br />Commission approved the Letter of <br />Agreement from Crowe Chizek to perform <br />financial advisory services for the Airport <br />Area and Bond Refundings. <br />E. South Bend Medical Services District <br />(1) Commission approval requested for First <br />Amendment to Development Agreement <br />with Memorial Hospital. (Expansion <br />Project) <br />Ms. Greene explained that the First <br />Amendment amends Exhibit B to the <br />Development Agreement which is the <br />Project Schedule. The amendment changes <br />the dates for vacation of Bartlett Street and <br />the dates for reconfiguration of <br />Michigan/Main/ Marion from a <br />commencement date in 2004 to a <br />commencement date of 2006. This delays <br />the City's investment in this infrastructure <br />for two years. <br />COMMISSION APPROVED THE LETTER OF <br />AGREEMENT FROM CROWE CHIZEK TO PERFORM <br />FINANCIAL ADVISORY SERVICES FOR THE <br />AIRPORT AREA AND BOND REFUNDINGS. <br />Upon a motion by Ms. Jones, seconded by COMMISSION APPROVED THE FIRST AMENDMENT <br />Mr. Faccenda and unanimously carried, the TO DEVELOPMENT AGREEMENT WITH MEMORIAL <br />Commission approved the First Amendment HOSPITAL. (EXPANSION PROJECT) <br />to Development Agreement with Memorial <br />Hospital. (Expansion Project) <br />34 <br />