3 Minutes 02/14/13 Meeting - Laserfiche WebLink

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South Bend Redevelopment Commission Regular Meeting — February 14, 2013 6. NEW BUSINESS A. South Bend Central Development Area (3) continued... Mr. Downes noted that looking backward, this kind of data would have been useful when the decision was made about America Trust Place, and both of David Matthews' projects. Now looking forward the Hotel LaSalle. In order for the Redevelopment Commission to make good decisions going forward, we need this data. Ms. Jones asked when Mr. Kain engaged Zimmerman/Volk did they provide us with other studies they have done for similar size cities; and did they provide outcomes based on those studies and how the communities used it. Mr. Kain responded that he did receive information of studies from other cities. Also, without Zimmerman/Volk's knowledge, he reached out to the Redevelopment Director in Montgomery, AL which had the study done, asking if it had been useful in their decision making. They said it is wonderful; it is used continually, and they have even updated their study. They highly recommended Zimmerman/Volk Associates, Inc. Mr. Meteiver said that Legal has not had an opportunity to review the contract. He asked that it be approved, subject to Legal review. Mr. Davis asked Mr. Meteiver to explain what the subject to legal approval of the final terms of the contract means. Mr. Meteiver responded that this contract is not in line with our normal professional services contract, and would like to look at it line by line so there is nothing in it that will create any problems. Mr. Downes made a motion to accept the proposal for a analysis of the residential market potential for downtown South Bend for the scope of services and fee proposed, subject to legal review. Mr. Varner seconded. The motion carried on a vote of five to one. Mr. Davis opposed. B. Airport Economic Development Area (1) Amendment to Purchase Agreement with Richard C. Hamilton and Hamilton Body Shop, Inc. Mr. Relos noted that in May 2012 the Commission entered into a staged Purchase Agreement to acquire the three properties owned by Richard Hamilton and Hamilton Body Shop, 802, 910, and 917 S. Lafayette. In June 2012, closings were held on 802 and 910 S. Lafayette, with a date of our possession of 910 S. Lafayette to be March 31, 2013. Hamilton plans to auction unneeded equipment from their operations, and would like to stage the auction at 910 S. Lafayette. With uncertainty as to how the winter and early spring season will unfold, Hamilton would like an extra month to accommodate their sale and empty the building. Staff is currently working on demo specs, and will eventually bid the