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3. APPROVAL OF CLAIMS (Cont'd <br />4 <br />Mi <br />a, <br />5. N <br />1 Cities Extended Services <br />tchell A. Niezgodski - <br />tchell A Niezgodski - <br />ter F. Gillis, S.R.A. - <br />MMUNICATIONS <br />Replacement Housing <br />Moving & Displacement Allowance <br />Appraisal <br />Total <br />GRAND TOTAL <br />HUD Area Office letter dated February 26, 1976: This letter, <br />over the signature of Mr. Stephen J. Havens, Director, Com- <br />munity Planning and Development, advises of HUD concurrence <br />in Change Order No. l to Colfax /Pier Park Dredging Contract <br />No. 1, with Nautilus Construction Corporation, Project <br />Indiana R -66, for a net increase of $1,910.00 in contract <br />cost. <br />Executed copies of HUD 4217 were enclosed showing concurrence. <br />Motion was made by Mr. Cira, seconded by Mr. Donaldson and <br />carried, to receive the above communication and place it on <br />file. <br />RELEASE <br />Mr. C. Wayne Brownell, Executive Director, dept. of Redevelop- <br />ment, distributed copies of the News Release, dated February <br />27, 1976, which was provided by Mr. Allan C. Bloomquist, First <br />Bank & Trust Company. Mr. Brownell advised that Mr. Bloomquist <br />had agreed to come to the Commission meeting and answer any <br />qu stions anyone may have. <br />This is a new corporation organized as South Bend 2000, Inc., <br />a iot-for-profit corporation that will focus additional private <br />re ources on downtown development, with officers and directors <br />re resenting a broad spectrum of the community's financial and <br />bu iness interests who have pledged to work in close coopera <br />ti n with officials of city government. Initial emphasis will <br />be on revitalizing downtown as a retailing center. <br />Regarding the question raised on the not - for - profit corporation <br />prior to the meeting, Mr. Bloomquist, spokesman for the develop- <br />ment group, reported what was decided was, to more effectively <br />bring about redevelopment in the downtown area, it might be pre- <br />ferable to take a cue from what Detroit, Ann Arbor, Milwaukee <br />and other cities have done, wherein they have established not- <br />for-profit corporations consisting of many of the local businesses, <br />fi ancial institutions, etc., just on the premise that two heads <br />ar better than one. Also, that a dozen heads are better than <br />on 2, and the resources not only of brain power and time that can <br />be brought to bear on our particular problem, but also money is <br />3 <br />$ 13,650.00 <br />500.00 <br />35.00 <br />20,917.99 <br />$ 39,401.33 <br />HUD CONCUR- <br />RENCE, CHANGE <br />ORDER 1 TO <br />COLFAX /PIER <br />PARK DREDGING <br />CONTRACT NO. 1, <br />R-66 <br />SOUTH BEND <br />2000, INC. <br />