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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. WayneNesuvio'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 IDEAL CONSOLIDATED INC.FOR PURCHASE OF AN <br /> Commission ratified the contract with Ideal HVAC UNIT FOR THE WAYNE STREET RETAIL <br /> STOREFRONT IN THE AMOUNT OF$13,250.(117 <br /> Consolidated Inc. for purchase of an HVAC E.WAYNENESUViO'S PIZZA) <br /> unit for the Wayne Street Retail storefront in <br /> 5 <br />