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09-27-12 Redevelopment Commission Minutes.docx
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09-27-12 Redevelopment Commission Minutes.docx
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South Bend Redevelopment Commission <br /> Regular Meeting—Meetingdate <br /> 6. NEW BUSINESS <br /> B. Airport Economic Development Area <br /> (1) continued... <br /> • Change Order#1 (Sample to AEP <br /> Substation/Hamilton Sub) - $91,000 <br /> • Change Order#2 (AEP Substation <br /> to Bronson/Ivy Tower) - $183,850 <br /> • Change Order#4 (Bronson/Ivy <br /> Tower to South Street) - $146,675 <br /> The original funding plan for the duct bank <br /> was to subtract funding from the City's <br /> commitment in MOU#1 for the Union <br /> Station Technology Center project as duct <br /> bank construction was one of the proposed <br /> city expenditures there. But in an effort to <br /> better control and manage the duct bank <br /> network for both projects and to prevent <br /> conflicts and overlap, the city has <br /> determined that it is in its best interests to <br /> be the owner of the entire network of duct <br /> banks and create a protocol and permitting <br /> plan for the existing and future network. <br /> Additional legs of the duct bank network <br /> are being examined for future construction <br /> and this system would be put in place for <br /> all future construction. Staff requests <br /> AEDA TIF funding in the amount of <br /> $421,525 to provide dedicated funds to <br /> fund the Renaissance District section of the <br /> duct bank. <br /> Upon a motion by Mr. Downes, seconded COMMISSION APPROVED FUNDING <br /> by Mr. Varner and unanimously carried, the REQUEST FOR RENAISSANCE DISTRICT <br /> Commission approved Funding Request for DUCT BANK CONSTRUCTION. <br /> Renaissance District Duct Bank <br /> Construction. <br /> 10 <br />
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