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South Bend Redevelopment Commission <br />Regular Meeting —July 26, 2012 <br />6. NEW BUSINESS (CONT.) <br />A. South Bend Central Development Area <br />(2) Authorization for installation of Orchestra <br />Pit Lift at the Morris Performing Arts <br />Center. <br />Mr. Inks noted that the Redevelopment <br />Commission is being asked to allow the <br />installation of an orchestra pit lift at the <br />Morris Park Performing Arts Center. The <br />Redevelopment Commission has the <br />authority to authorize these alterations in <br />accordance with the terms of a lease for the <br />property between the Redevelopment <br />Commission (Lessee) and the <br />Redevelopment Authority (Owner) entered <br />into May 1, 1997. <br />The letter from the Morris Park Performing <br />Arts Center and Morris Entertainment, Inc., <br />states this project is fully funded in the <br />amount of $210,000 by private funds, <br />including matching funds from the <br />Community Foundation. Additionally, the <br />letter indicates the City's Board of Public <br />Works will serve as the contracting agent and <br />the City Engineering Department will <br />oversee the project. <br />Since there are sufficient funds to complete <br />the project and since the city will oversee <br />contracting and construction, these <br />alterations to the Morris will not reduce the <br />rental value of the project. Accordingly, staff <br />recommends Redevelopment Commission <br />approval. <br />5 <br />