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South Bend Redevelopment Commission <br /> Regular Meeting—May 31, 2012 <br /> 6. NEW BUSINESS (CONT.) <br /> B. Airport Economic Development Area <br /> (1) continued... <br /> roadmap of priorities. Mr. Schalliol noted <br /> that he has been meeting with AEP and the <br /> design team and expects to bring a proposal <br /> to the Commission at its next meeting for an <br /> "energy resource corridor study". The study <br /> will help us coordinate solutions for the <br /> power needs of both Ignition Park and the <br /> Renaissance District. But, the bottom line is <br /> that there is currently not enough power to do <br /> both projects or to do either project well. <br /> Mr. Davis expressed his wishes to act on this <br /> item at the next meeting. Mr. Schalliol noted <br /> that the resolution setting the purchase offer <br /> price for Hamilton Body Shop is needed <br /> regardless of the plan. Commission action <br /> on it today will assist him and AEP with the <br /> rate discussions. The city has the ability to <br /> help AEP with their future power issues at <br /> the site. This action on Hamilton today helps <br /> the city's position in that discussion. <br /> Mr. Davis insisted that the information Mr. <br /> Schalliol is privy to would help guide the <br /> option of the Commission's approval. <br /> Mr. Varner asked if it can be approved with a <br /> contingency. Ms. Kolata stated that she <br /> believes that is risky. AEP would like to <br /> know where its substation can be located. <br /> Mr. Downes noted his understanding is that <br /> there are three parcels for sale and Hamilton <br /> would not be willing to sell them separately. <br /> The city has been trying to acquire the <br /> Hamilton property for 25 years. Ms. Kolata <br /> 15 <br />