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South Bend Redevelopment Commission <br /> Regular Meeting—November 24, 2014 <br /> B. River West Development Area <br /> i <br /> (1) Proposal for Professional Services in Ignition Park South (Boundary, Survey, <br /> 4 <br /> Rezoning, Vacations, and Title Insurance) <br /> 'q <br /> Mr. Relos stated the attached proposal from Danch, Hamer& Associates is for a boundary <br /> survey; rezoning and replat; and utility, street, and alley vacation services for the property <br /> between Scott Street and Kemble Avenue in Ignition Park South. This approximately 10 <br /> acre site is now owned by the Commission and this is the first step in being able to put it <br /> through the disposition process and eventually sell it. <br /> The cost for Danch services is $18,800 with filing fees and utility releases expected to be <br /> $3,350 for a total of$22,150. A.title insurance policy is requested to insure the Commission <br /> has clean title to all parcels and there are no outstanding liens or obligations. Title insurance <br /> is expected to cost approximately $1,100. Staff requests approval of these proposals for a <br /> s§ not to exceed amount of$25,000. <br /> Upon a motion by Ms. Schey, seconded by Mr. Inks and unanimously carried, the <br /> Commission approved the professional services proposal in Ignition Park South for <br /> boundary survey; rezoning and replat; utility, street, and alley vacation services in a not-to- <br /> `i exceed amount of$25,000. <br /> t <br /> 3 <br /> (2) Release of Development Agreement with Great Lakes Capital (LaSalle Hotel) <br /> i <br /> Mr. Fielding noted the project is now a priority as the Hoffman Hotel located next door is <br /> i under construction and it would be better if both buildings are under construction at the <br /> same time to avoid having the block being impacted for three years. The current bid winner, <br /> Great Lakes Capital, is unable to adhere to the requested timing and has agreed to withdraw. <br /> `X Upon a motion by Mr. Varner, seconded by Ms. Schey and unanimously carried, the <br /> Commission approved the release of Development Agreement for LaSalle Hotel with Great <br /> Lakes Capital. <br /> f <br /> (3) Development Agreement with RealAmerica for LaSalle Hotel <br /> Mr. Fielding stated the development agreement with RealAmerica includes the same terms <br /> 4 <br /> and conditions as the Great Lakes Capital development agreement with the exception of <br /> dates and the clarification of the number parking spaces. <br /> Mr. Jeff Ryan, Development Associate for RealAmerica, gave an overview of the <br /> F company's background including the fact the architectural and construction management <br /> services are provided internally. <br /> 3 <br />