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5.A.(1) Development Agreement (WNIT)
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5.A.(1) Development Agreement (WNIT)
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10/1/2010 1:30:42 PM
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11/18/2008 4:02:52 PM
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EXHIBIT F <br />Operational Obligations <br />In cxchan~~e for the consideration ~~r~,~ided under the l~~~recment by Commission. U~;~'IT c~pects <br />to prop idc the fi<~llo~~in~~ scr~ices and benefits in the follo~~ing cate~~orics: <br />Economic Dc~~clopment <br />o At Icast 5?. million for construction payroll and buildin~~ materials. <br />o At Icast Sl? million for furnishings. technology and miscellaneous <br />e~pcnscs. <br />o Gmplul~ approximately 40. and ai Icast ,0, WV1T statl ~~ith annual payroll <br />and bcnciits startin~~ at ti 12 million. <br />o Expend annual expenditures starting at S l.> million. <br />o Increase in pavroll taxes paid to the city. <br />o Rehabilitate do~rnto«~n property that ~~~ould other~~~ise likely remain <br />vacant. <br />o .Act as a technology hub operating in the public interest for broadcast, <br />using tiber such as the MetroNet and I-Light ?, miuo~~~a~~e and other <br />~sirclcss tcchnolo~v. <br />o Produce and broadcast pro~~rams that bring important discussions about <br />regional economic de~elopmcnt to the public. <br />• .Arts and Cultural <br />o The station will become a hub fur the region. attracting arts and cultural <br />e~~cnts and acti~~ities to the do~~~nto~,an urea. Connccti~~ity bet~~cen arts and <br />cultural ~enucs in the Cit_v ~~~ill be enhanced through the technology assets <br />o~~ncd by the station. <br />o The station ~~~ill promote do«~nto~~n arts acti~°itics, and help to create <br />audiences for pertbrmances at the '~~orris Performing Arts Center. South <br />Bend Ci~~ic Theater. Broad ray Theater Lcaguc. ArtBcut and exhibits al <br />the Colter iur History. Studebaker Museum among others. <br />o WNI"f pro~~ides h~aining t~~r students interested in artistic expression <br />throu~~h the media arts. <br />Paec I(~of I~ <br />
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