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South Bend <br />Regular Me, <br />elopment Commission <br />- February 14, 1986 <br />6. NEW BUSINESS (Cont.) <br />b. Continued... <br />Mr. Hunt addressed the main points of Joint <br />Resolution No. 15 -1986 that has been adopted <br />by the Board of Directors of TRANSPO relating <br />to the use of the land at Jefferson and Main <br />that TRANSPO presently owns. Originally <br />TRANSPO proposed a $2.5 transit center to be <br />constructed with UMTA funds on the site. Due <br />to changes in TRANSPO's priorities, needs and <br />operations, a good portion of the $2.5 million <br />was expended for new buses. This left <br />approximately $700,000 available for the <br />transit center. At that point in time the <br />Co ssion determined that was not the highest <br />and best use for that corner of land in the <br />do town. The Com- nission was interested in <br />what would serve the community better in the <br />long run both from the redevelopment <br />standpoint, in terms of private investment in <br />the downtown, and public transportation. <br />There have been extensive discussions and <br />negotiations between the Commission, TRANSPO <br />and staff. Through Joint Resolution No. <br />15-1.986 the Redevelopment Commission and <br />TMISPO agree to amend the existing agreement, <br />deed and contract for sale of land to reflect <br />the following changes to TRANSPO's proposed <br />dev lopment of the property and to the <br />con inued ownership by TRANSPO. <br />TRANSPO, agrees to construct a transfer center <br />that is similar to that being constructed in <br />Mishawaka with an extensive canopy treatment <br />and a small building to be available only for <br />T SPO's drivers and service employees. <br />TRADISPO agrees to construct these improvements <br />at a cost not less that $362,000. The <br />proposed development would consist of a series <br />of canopies, a 4,000 square foot building, <br />10-1.2 passenger shelters, and site <br />improvements. TRANSPO agrees to develop the <br />sit with as much natural landscaping as <br />possible. Redevelopment would agree to <br />maintain the natural landscaping with the <br />River Bend Plaza crew. TRANSPO has agreed to <br />subndt their plans to the Design Review <br />CoiTndttee by June 1, 1986. The construction <br />of the improvements on the property would <br />begin no later than 60 days after the Design <br />