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South Bend Redevelopment Commission <br />Regular Meeting — September 27, 2011 <br />6. NEW BUSINESS (CONT.) <br />B. South Bend Central Development Area <br />(1) Ratification of Contract for purchase of <br />HVAC unit for the Wayne Street Retail <br />storefront (117 E. Wayne/Vesuvio's Pizza). <br />Ms.. Jennings noted that shortly after <br />Vesuvio's Pizza moved into 117 E. Wayne <br />St., the HVAC unit in the kitchen became <br />inoperable. Inspection was done and the <br />decision was made to replace the HVAC <br />unit. <br />In compliance with the city's purchasing <br />requirements, three quotes were obtained. <br />The lowest quote was from Ideal <br />Consolidated, Inc. in the amount of $13,250. <br />The city has already given Ideal <br />Consolidated permission for them to proceed <br />with the repair under the theory that as the <br />landlord, we have a tenant who has certain <br />expectation for space and we need to respond <br />promptly to make sure that the space is <br />useful to them. Staff seeks ratification today. <br />Mr. Downes asked if the city sets money <br />aside each year in a sinking fund to replace <br />items such as these. Mr. Inks replied that it <br />does. However, there have been an <br />unusually large number of repairs to our <br />properties this year and there is no money <br />left in that fund. Staff will be presenting a <br />revised budget for the Commission's retail <br />space at a future meeting. <br />Upon a motion by Mr. Downes, seconded by COMMISSION RATIFIED THE CONTRACT WITH <br />Mr. Alford and unanimously carried, the <br />IDEAL CONSOLIDATED INC.FOR PURCHASE OF AN <br />Commission ratified the contract with Ideal <br />HVAC UNIT FOR THE WAYNE STREET RETAIL <br />Consolidated Inc. for purchase of an HVAC <br />STOREFRONT IN THE AMOUNT OF $13,250. (1 17 <br />E. WAYNENESUVIO'S PIZZA) <br />unit for the Wayne Street Retail storefront in <br />