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,+~~ <br />r <br />• The South Bend Redevelopment Authority <br />Regular Meeting, March 16, 1998 <br />then be reclassified as Industrial Park Zoning. <br />Mr. Ladewski asked if there are any potential buyers. Mrs. Kolata responded <br />that there are no potential buyers at this time, although there have been people <br />looking at the property. <br />Upon a motion by Mr. Gammage, seconded by Ms. Pfotenhauer and carried, <br />the Authority approved Resolution No. 124. <br />b. Authority approval requested for Amended Engagement Letter with Crowe <br />Chizek and Company, LLP for Financial Advisory Services related to the <br />Morris Performing Arts Center Project. <br />Mrs. Kolata explained that Crow Chizek is the Authority's financial advisor on <br />the Morris Bond Issue. Crow Chizek is requesting an amendment to their <br />engagement letter, which has a "not. to exceed $18,000.", to be raised to <br />$25,000. because of the further service they have given to the Authority. Mrs. <br />Kolata stated that the Authority used Crow Chizek's services longer than <br />anticipated, and thought the request was reasonable. <br />• Upon a motion by Ms. Pfotenhauer; seconded by Mr. Ladewski and carried the <br />Authority approved the request for an Amended Engagement Letter with Crow <br />Chizek and Company, LLP for Financial Advisory Services related to the <br />Morris Performing Arts Center Project. <br />c. Authority approval requested for Investment Direction -Cash Management to <br />Norwest Bank, Indiana N.A. for the Morris Performing Arts Center Project. <br />Mrs. Kolata stated that Norwest Bank, Indiana N.A. is requesting the <br />Authority's investment direction. <br />Upon a motion by Ms. Pfotenhauer, seconded by Mr. Gammage and carried, <br />the Authority approved the request for Investment Direction for Norwest Bank, <br />Indiana N.A. for Cash Management for the Morris Performing Arts Center <br />Project. <br />d. Authority approval requested for Resolution No. 125 Authorizing the <br />expenditure of funds received on behalf of the Authority from the Build <br />Indiana Fund to pay outstanding principal of the bonds issued to finance the <br />College Football Hall of Fame. <br />C <br />2 <br />