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South Bend Redevelopment Commission <br />Regular Meeting —April 10, 2012 <br />812 S. Lafayette, 910-912 S. Lafayette and <br />901 -917 S. Lafayette. Recently the owners <br />of Hamilton have indicated their interest in <br />selling the property to the Commission. <br />They are interested in an agreement for all <br />three properties, with transfer of title taking <br />place on a staged basis over a two year <br />period. The property at 802 -812 S. Sample is <br />adjacent to the Indiana Michigan Power sub- <br />station and this property will be needed for <br />I & M to expand its sub - station as part of <br />Kevin Smith's Renaissance Project. The <br />other two properties are adjacent to Ignition <br />Park and are included in the master planning <br />for Ignition Park. <br />Phase I Environmental Site Assessments <br />were completed in November 2008 for each <br />of the three properties. They suggested <br />additional environmental testing at each of <br />the three locations. This work includes the <br />use of ground penetrating radar to determine <br />if any Underground Storage Tanks are still <br />located on the properties, soil sampling, <br />groundwater sampling and dye tracing of <br />existing trench drains located in the buildings <br />to determine if they are discharging to the <br />sanitary sewer system. In addition, the Phase <br />I Environmental Site Assessment must be <br />updated within six months of acquiring title <br />to the property. Wightman Petrie has <br />submitted a proposal for Phase I updates for <br />two of the properties as the third property is <br />not expected to be acquired for about two <br />years. <br />The staff recommendation is to approve the <br />proposal from Wightman Petrie in the <br />amount of $20,800. This will allow us to <br />move forward with the Phase I1 testing as <br />soon as possible to determine if there are any <br />environmental conditions at the properties <br />23 <br />