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South Bend Redevelopment Commission <br />Regular Meeting —March 7, 2003 <br />6. NEW BUSINESS (CONT.) <br />G. South Side Development Area <br />(2) continued... <br />regarding the Fitterling site. The City <br />requirements detailed in the MOU will be <br />detailed more specifically within a <br />Development Agreement. <br />The City, through its Redevelopment <br />Commission, will use TIF money where <br />available and generated from this project site <br />to put back into the site for some of the <br />needed improvements. There are other <br />funding mechanisms as previously <br />discussed. The project is currently on track <br />and moving forward. <br />Mr. Hunt asked if the shopping strip next to <br />the fire station would ultimately be <br />acquired? <br />Mr. Schalliol responded, yes; however, the <br />bank, restaurant and a professional office <br />building would remain on -site. <br />Ms. Greene noted that in the MOU many of <br />the existing businesses remain. She also <br />noted that the fire station referenced in the <br />MOU is not a full scale fire station. There <br />are only two ambulances and it would not be <br />a difficult matter to relocate the station.02 <br />Ms. Greene advised that the MOU is the first <br />stage of the process. The next step will be <br />generating a Development Agreement. The <br />project will then proceed from there. <br />(W 24 <br />