5A4 Budget Request (Main Wayne Parking Garage Elevator) - Signed

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South Bend Redevelopment Commission 227 West Jefferson Boulevard, Room 1308, South Bend, Indiana Redevelopment Commission Agenda Item DAT E : 3/24/2025 FROM: Joseph Molnar – Assistant Director of Growth & Opportunity SUBJECT: Budget Request – Main Wayne Parking Garage Elevator Repair Funding Source* (circle) River West; River East; South Side; Douglas Road; West Washington; RDC General; Riv. East Res. * Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller, then the authorization of the expenditure of such funds shall be void and of no effect. PURPOSE OF REQUEST: Budget Request for $550,000 for repair of the elevator at the Main Wayne Parking Garage located at 119 W Wayne St. SPECIFICS: On June 20, 2024, the Redevelopment Commission closed on the property commonly known as the Main Wayne Parking Garage located at 119 W Wayne St with the desire of opening it has a full public parking garage. Staff of both Venues Parks and the Arts and the RDC have been going through the process of getting the garage ready for public parking. This included updating signage, computer systems and internet connectivity, as well as new gate equipment. The intention is the garage will operate similar to the other three downtown public parking garages. As the south portion of downtown continues to be redeveloped and new buildings are constructed on existing parking lots, the need for public parking will grow. The elevator in the building currently needs reconstructed and repaired. The $550,000 would cover the consultation, design, and replacement of the elevator. Staff recommends approval. _________________________Pres/V-Pres ATTEST: __________________Secretary Date: ____________________ APPROVED Not Approved SOUTH BEND REDEVELOPMENT COMMISSION March 27, 2025 