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South Bend edevelopment Commission <br />Special Mee ing - March 14, 1988 <br />2. NEW BUS� SS (Cont.) <br />a. uon-ginuea... <br />Ms. Weber indicated that they expect to <br />be able to supply a firm financial <br />commitment within 120 days. <br />Mr. Nimtz expressed appreciation for the <br />intensive work done over the last several <br />days toward salvaging this project. <br />Mr. Donoho asked if they will try to use <br />local contractors. Ms. Weber responded <br />that she had noticed in the contract that <br />it called for "a best effort ". She could <br />not romise that a local contractor would <br />be used but stated that local contractors <br />usually can provide the best bid and <br />control of on -site work. However, a <br />lend is biggest requirement is that the <br />contractor be fully bondable. <br />Mrs. Kolata noted that the "best faith <br />effort" provision remains in the <br />contract. <br />Mr. Piasecki asked what the immediate <br />plans were to proceed. Ms. Weber <br />responded that the architect would come <br />to South Bend next week to begin his <br />work When he has some preliminary <br />plan , they will begin looking for <br />lenders. <br />Mr. Wensits asked when they could expect <br />to start construction. Ms. Weber <br />responded that they would start <br />construction by September 15 and <br />construction would be complete <br />appr ximately fifteen months later. <br />Mr. Nimtz expressed appreciation that <br />Can-Im is happy with the site. The <br />Co ssion has resisted numerous <br />inquiries to develop the site with <br />conmercial development. <br />Ms. Schwartz requested that any motion <br />for approval of the Amendment would be <br />made subject to approval by legal <br />counsel. <br />-3- <br />