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South Bend evelopment Cc mmission <br />Regular Mee ing - February 9, 1990 <br />6. NEW BUSINESS (Cont.) <br />f. continued... <br />9• <br />Mrs. Kolata noted that the building is a <br />very large building. Several inquiries <br />about it have indicated that there is <br />some interest, but only as a smaller <br />project. This would offer an idea of the <br />feasibility of a phased approach. <br />Mr. Piasecki asked Mr. Clark, as a <br />developer, if it would help to have this <br />type of information available. Mr. <br />Clark responded that having a proposed <br />design for phased use with projected cost <br />estimates would, indeed, make a building <br />like Robertson's more interesting to a <br />Mrs. Kolata noted that this contract and <br />the following one with Daniel Pierotti <br />are contingent upon approval of the <br />direct expenditure of TIF by the State <br />Tax Board. <br />Upon a motion by Mr. Donoho, seconded by <br />Mr. Cmbs and unanimously carried, the <br />Cauvission approved the contract with The <br />Troyer Group for an amount not to exceed <br />$11,300 for services related to the <br />n's building, contingent upon <br />appr1oval of the State Board of Tax <br />Mrs. Kolata noted that Mr. Pierotti <br />pre the Entertairment District study <br />for the Cmmni.ssion. At that time, he <br />sugg�sted that he could provide <br />additional- services. with the direct <br />expenditure of tax incremental financing <br />that is now possible, we will be able to <br />retain him for a twelve month period, <br />beg:Ludng March 1, for a fee of $2,167 <br />per month ($26,004 per year). That fee <br />would include all ordinary reimbursable <br />-8- <br />a• i • V OIN V0 I a• <br />1 <br />V0114 Di' d' • • • <br />• • • • D «al01� • • <br />•• • all • 1 •• , P <br />•• •••• • I '.••'� <br />