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C o m m u n i t y & E c o n o m i c D e v e i o p m e n t <br />227 west Jefferson. Sufie 1200, South Bend. Indiano 46601 -1830 Phone 574/235 -9371 Fox 574/235 -9021 <br />To: Redevelopment Commission <br />From: Jitin Kain, Senior CED Specialist <br />Subject: Reimbursement for Economic Impact Analysis <br />Date: October 19- 2012 <br />(P 8 (29 <br />Attached with this memo is a proposal from AECOM Economics for the study and analysis of three City - <br />owned assets: The Morris Performing Arts Center, Palais Royale and Century Center. AECOM Economics <br />is a global leader with a history of 50+ years in analyzing and planning facilities such as convention <br />centers, theaters, and other types of public -use facilities for this purpose. <br />The goal of this study is to determine the economic impacts of these facilities on the downtown area as well as <br />provide a case study of facilities in similar sized communities in regards to their operations and management. <br />In order to expedite the process and complete the study prior to the end of the year, the proposal from <br />AECOM was presented to the Board of Public Works with the City's Administration & Finance department <br />covering the contract amount. <br />Staff requests Commission approval to reimburse Administration & Finance for the Study in the amount of <br />$15,000. <br />