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CITY OF SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING – February 26, 2026 <br /> <br />Page | 6 <br /> <br />Vice President Relos asked if the budget request includes both the <br />Marion and Madison connections and Ms. Biek stated yes with a 10% <br />contingency for change orders. <br /> <br />Secretary Wax asked for a review of the original plan and how the <br />project reached its current cost. Ms. Biek explained that $3 million was <br />originally appropriated from the TIF bond based on early estimates that <br />the bridge alone would cost approximately $3 million and did not include <br />trail components. As design progressed, total design costs for all three <br />projects were approximately $690,000 and were paid from the original <br />allocation. Construction costs for all three projects are now estimated at <br />approximately $5.8 million, with the remaining difference reflecting <br />finalized design and bid-ready estimates. Ms. Biek noted that the scope <br />of the project did not significantly change during design; no new <br />elements were added, and cost-effective options were selected to <br />maintain compatibility with the Coal Line Trail. <br /> <br />Peter Hru, Edward Jurkovic and Dustin New all spoke in favor of the <br />project. <br /> <br />Upon a motion by Ophelia Gooden-Rodgers for approval, seconded by <br />Gillian Shaw, the motion carried unanimously; the Commission approved <br />the Budget Request as presented on February 26, 2026. <br /> <br />5. Progress Reports <br />A. Tax Abatement <br />Joseph Molnar, Assistant Director of Growth and Opportunity, stated that <br />the Common Council approved a confirming Resolution for the new <br />Burton’s Laundry location on the south end of town off Main Street was <br />approved on Monday. Construction is expected to begin within the next few <br />months. <br /> <br />B. Common Council <br />None <br /> <br />C. Other <br />Joseph Molnar, Assistant Director of Growth and Opportunity and Erik <br />Glavich, Director of Growth and Opportunity, give updates on. <br />• Diamond View – Tenants expected soon <br />• Monroe Street – Construction fencing went up <br />• JC Hart – Demo is done, construction starting soon <br />• Drewery’s – Demo completion in the Spring