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6.C.(1) Development Agreement
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6.C.(1) Development Agreement
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10/1/2010 1:36:42 PM
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11/4/2008 4:18:19 PM
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Ex~~it~iT~ r <br />Operational Obligations <br />In cxchan~~e f~~r the considerati~~n pro~idcd under the Agreement by Commission. WHIT expects <br />to pru~~ide the ~~~Ilo~~in~~ sen~ices and bcnefiits in the t~~llow~ing categories: <br />• Economic Dc~~clopmcut <br />o At Icast S2.5 million for consll~uction payroll and building materials. <br />o At least S l ? million for turnishings. technolo~~v and miscellaneous <br />expenses. <br />o Employ approaimatcly d0. and al Icast 30, WHIT staff with annual ptryroll <br />and benefits starting at S I? million. <br />o Expend am~ual expa~ditures siarting at 51.5 million. <br />o Increase in payroll taxes paid to the city. <br />o Rehabilitate do~wntow~n property that would othen~~ise likely retrain <br />~°acnnt. <br />o Act as a technology huh operating in the public interest for broadcast, <br />using fiber such as the YletroNct and l-Li~~ht 2. micro~~ave and othu~ <br />wireless technology. <br />o Produce and broadcast programs that bring important discussions about <br />regional economic dcvdopment to the public. <br />• Arts and Cultural <br />0 The station ~~~ill become a hub for the region, attracting arts and cultural <br />events and activities to the do~~~ntown area. Connectivity between arts and <br />cultural venues in the City ~~rill be enhanced through the technology assets <br />owned by the station. <br />o The station ~~-ill promote do~anto~~~n arts activities, and help to create <br />audiences for performances at the ,ti9orris Performing Arts Center. South <br />Bend Chic Theater. Broad~~~ay Theater League. ArtBeat and exhibits at <br />the Center for History, Studebaker Museum among others. <br />o WNI~I~ prop-ides training for students interested in artistic expression <br />throur~h the media arts. <br />PaLC ~> of I 1 <br />
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