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i <br /> i <br /> South Bend Redevelopment Commission <br /> a Regular Meeting—September 25, 2014 <br /> 5. OLD BUSINESS (CONT.) <br /> Mr. Wruble spoke as a South Bend School Board Member and the parent of a child in the school <br /> 1 system he wants to thank the Redevelopment Commission, the City, the Chamber and all the parties <br /> ainvolved for considering this grant. STEM programming is truly an economic development tool he <br /> I believes will benefit generations in this community and looks forward to seeing Project Lead the <br /> Way succeed. <br /> Upon motion by Mr. Downes, seconded by Mr. Inks, and unanimously carried, the Commission <br /> approved the Contract for Project Lead the Way with the South Bend Community School <br /> Corporation. <br /> I <br /> 6. NEW BUSINESS <br /> Mr. Relos asked that a Certificate of Completion be added to the agenda as item 6.G.(5). There was <br /> Ino objection and the item was added. <br /> I A. South Bend Central Development Area <br /> 1 (1) Resolution No. 3251 Approving and Authorizing the Execution of an Amendment to the <br /> J Addendum to the Master Agency Agreement (Memorial Hospital Streetscape Project— <br /> a supplement#4) <br /> j Mr. Kain explained this project began in 2007. One of the last portions of this project is the <br /> 1 reconstruction of the parking lot on the northwest corner of Michigan and Bartlett. As we <br /> reviewed the Smarts Streets Initiative, we put that portion on hold until the design of the <br /> 3 Bartlett Roundabout was determined. This amendment shows a decrease in the scope of the <br /> a <br /> s original contract with a subsequent contract reduction of$12,150. <br /> 1 Dr. Varner mentioned that he is still interested in seeing work performed on Leeper Park as <br /> I well. Mr. Kain stated that is still anticipated, but not under this contract. <br /> 1• <br /> I Upon motion by Ms. Schey, seconded by Mr. Downes and unanimously approved the <br /> 1 Commission approved Resolution No. 3251 Approving and Authorizing the Execution of an <br /> Amendment to the Addendum to the Master Agency Agreement (Memorial Hospital <br /> Streetscape Project—supplement#4). <br /> 7 <br /> (2) Development Agreement with Hoffman Hotel Apartment Housing Partners, LP <br /> r <br /> For presentation purposes, 6A(2) and 6A(3) will be combined. Mr. Fielding stated the <br /> Hoffman Hotel project, at the corner of LaSalle and Main Streets was first presented to the <br /> Commission in February. The project was recently approved for tax credits by the State and <br /> will be transformed into approximately 40-49 affordable units of housing dedicated to artist <br /> housing. When originally considered by the Commission, staff was directed to put together <br /> 1 an agreement with up to $175,000 of TIF funding in the project. Private investment is <br /> expected to be about $4M to $4.5M upon completion and also include gallery space for use <br /> k <br /> 4 <br /> i <br /> i <br />