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South Bend Redevelopment Commission <br /> Regular Meeting—March 27, 2012 <br /> 6. NEW BUSINESS (CONT.) <br /> B. Airport Economic Development Area <br /> (4) continued... <br /> fiscal year July 1, 2010, to June 30, 2011, <br /> then asked how much money the city has <br /> spent that would fit into this in this current <br /> fiscal year of July 1, 2011, to June 30, 2012. <br /> Mr. Inks responded that all of the <br /> infrastructure in Phase I would qualify <br /> along with the design costs. The tech park <br /> agreement required the city to fund the <br /> demolition and the remediation of the site. <br /> Those costs cannot be reimbursed. <br /> Ms. Jones noted that the Redevelopment <br /> Commission did nothing in the application of <br /> the Certified Tech Park Funds. Notre Dame <br /> did all of the leg work and applied for it and <br /> they've been a really good partner to the city. <br /> All that money that was in there was <br /> generated through a Notre Dame facility. <br /> Also, if the city is considering having some <br /> kind of facility down at Ignition Park, the <br /> future funds would be of good use as an <br /> incentive to someone to develop a building. <br /> Mr. Davis expressed his concern for the city <br /> and the possibility of it having more to lose. <br /> Upon a motion by Mr. Davis, seconded by COMMISSION ACCEPTED THE STAFF REPORT ON <br /> Mr. Downes and unanimously carried, the PROPOSED USES FOR THE CERTIFIED <br /> Commission accepted the staff report on TECHNOLOGY PARK FUND FOR THIS FISCAL <br /> YEAR. <br /> proposed uses for the Certified Technology <br /> Park Fund for this fiscal year. <br /> Mr. Inks requested the Commission consider item <br /> 6.G.(2) at this time. There was no objection and the <br /> item was so moved. <br /> 13 <br />