Laserfiche WebLink
South Bend Redevelopment Commission <br />Regular Meeting -November 21, 2008 <br />6. NEW BUSINESS (CONT.) <br />D. West Washington-Chapin Development Area <br />(1) continued... <br />time on a variety of prof ects including single <br />family rehab, multi-family new construction <br />and rehab, commercial property acquisition <br />and demolition and other property reuse <br />rehab such as the Natatorium. Their <br />development expertise allows <br />Redevelopment to continue the progress in <br />West Washington, and do so in an efficient <br />manner by working with SBHF in lieu of <br />hiring and developing that staff capacity in <br />house. Staff recommends approval of the <br />contract proposal effective January 1, 2008. <br />Mr. Varner asked if staff anticipates another <br />agreement in 2010. Is this being funded with <br />a budget in mind, or is this being rolled over <br />on an annual, basis as needed? Mr. Inks <br />responded that it depends on where the <br />projects are at, overall. The Natatorium <br />should be complete in 2009. There are no <br />more projects contemplated at this time, but <br />there could be additional projects approved <br />by the Commission during preparation of a <br />2010 budget. <br />Mr. Varner asked the annual revenue in the <br />West Washington TIF. Mr. Inks responded <br />that we expect it to be $390,000 in 2009. <br />The Commission typically reserves $20,000 <br />of the TIF funds for property maintenance <br />and contracts with South Bend Heritage <br />Foundation for projects in the area. <br />Upon a motion by Mr. Downes, seconded by COMMISSION APPROVED THE ADDENDUM To <br />Mr. Varner and unanimously carried, the AGREEMENT wlTx SouTx BEND HERITAGE <br />Commission approved the Addendum to FOUNDATION FOR coNSULTING sERVICEs <br />RELATED TO THE WEST WASHINGTON CHAPIN <br />DEVELOPMENT AREA <br />11 <br />