2000-01-24 Redevelopment Authority Minutes

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• The South Bend Redevelopment Authority Rescheduled Annual Organizational 1Vleeting and Regular Meeting Minutes of January 24, 2000 6. NEW BUSINESS a. Authority approval requested for Resolution No.138 approving a Modification to the Lease for the Morris Performing Arts Center Project, approving the Execution of an Addendum to the Lease, and directing the Execution of an Affidavit of Project Completion. Mrs. Kolata explained that Resolution No.138 modifies the lease between the Redevelopment Authority and the Redevelopment Commission for the Morris Performing Arts Center Project, as well as authorizing the Redevelopment Authority to execute an Affidavit of Project Completion for the Morris Project. The Morris was inspected by the Building Department and the Fire Department last Friday and has a Certificate of Occupancy that was issued on Friday. The certificate states that the Morris is up to code requirements and is substantially completed. Mrs. Kolata said there is still a lot of painting being done, and equipment being installed, but basically the major work is done and the Morris is able to have a Certificate of Occupancy. • Ms. Pfotenhauer asked what was meant b the modificati y on to the lease. Mrs. Kolata stated that some things were taken out of the project description because of lack of funds: the replacement of the historical marquee, a cloak room, an additional ticket booth, and the air conditioning of the back stage area and the decorative work in the Palais ballroom. What was completed in the Palais was: lead-based paint abatement, a new roof, reinforcement of the trusses, removal of the old heating and air conditioning equipment, putting in the new heating and air conditioning, a new mechanical room, a new electrical room, restroom renovation, and interstitial egress (the area between the Morris and the Palais has been enclosed and is part of the exiting system of the Morris). Since the project went substantially over budget this work will not be completed until more funding comes in. South Bend Entertainment is in the process of raising additional money, and hopes to raise an additional $1,000,000. The City has stated that when half of the money that is estimated to be needed is raised, the City will finance the rest of the work. Ms. Pfotenhauer asked why the project went over budget. Mrs. Kolata said the delays and over budget were from the large amount of contracting work that was going on. The delays were primarily from the steel not being delivered for 7 to 8 months after it was ordered, which delayed everything else from getting started. The steel, as well as all of the other bids, came in substantially over budget. Contractors worked diligently to cut costs, but because they were having • 2