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South Bend Redevelopment Commission <br /> Regular Meeting—October 11, 2011 <br /> 6. NEW BUSINESS (CONT.) <br /> B. Airport Economic Development Area <br /> (1) continued... <br /> valves work within the city sewer system. <br /> By doing that, we avoided $120 million of <br /> conventional civil engineering solutions for <br /> storage of excess storm water and a <br /> combined sewer systems. <br /> Mr. Varner wondered if the city will be <br /> creating a new utility for Ignition Park to <br /> provide heat and water to tenants and <br /> whether we would then expect to get a <br /> premium price for the lots. Our first site sale <br /> was clearly not sold for a premium price. <br /> Mr. Gilot responded that we are not asking to <br /> construct these improvements now; we are <br /> just wanting to design reserved right-of-way <br /> space. You can't consider doing these things <br /> later if you don't plan for them now. <br /> Mr. Varner said that he is concerned that <br /> when the time comes to decide whether to go <br /> with the ecosystem or not, we'll feel like <br /> we've invested the planning money and can't <br /> not do it. Mr. Gilot and Ms. Hathaway <br /> assured him that would not be the case. The <br /> design they are asking for does not cost <br /> more. <br /> Ms. King noted that what she particularly <br /> likes is that Mr. Gilot has broken this down <br /> into pieces. The city is not yet committing to <br /> the next step because the technology may not <br /> be there and may never be there. Ms. <br /> Hathaway agreed that it may never be <br /> maintainable. The technology may be there, <br /> but the cost to maintain it may be prohibitive. <br /> 14 <br />