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South Bend Redevelopment Commission <br />Regular Meeting - July 16, 1993 <br />6. NEW BUSINESS (Cont.) <br />a. continued... <br />Mr. Horton noted that the Commission <br />entered into a contract with Economic <br />Research Associates to develop a <br />feasibility study for the College Football <br />Hall of Fame. We wanted to verify the <br />numbers we had developed for our own <br />benefit. Also, in order to sell a bond <br />for the Hall of Fame, the bond bidders <br />will want to have an independent study <br />verifying that the project is feasible. <br />Mr. Martin, from the Chicago office of <br />Economic Research Associates, <br />distributed copies of the written report <br />from Economic Research Associates. <br />Mr. Martin explained that Economic <br />Research Associates has offices all over <br />the country and many of those offices <br />contributed to the information in the <br />report. <br />Economic Research Associates <br />originally began to serve Walt Disney's <br />needs for market research. They have <br />done research for almost every new <br />type of attraction, including water <br />parks, Mississippi gaming boats, <br />Georgia's Music Hall of Fame, the <br />Rock and Roll Hall of Fame, an <br />Olympic Hall of Fame, Madame <br />Tussaud's Wax Museum in London. <br />They have done approximately 11,000 <br />assignments in their 35 -year existence, <br />approximately one -third of which have <br />been for specialty attractions. <br />-4- <br />