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South Bend Redevelopment Commission <br />Regular Meeting –May 15, 2009 <br /> <br />6. NEW BUSINESS (CONT.) <br /> <br />B. South Bend Central Development Area <br /> <br />(2) continued… <br /> <br />overseen by the Board of Public Works as <br />the Commission’s agent. <br /> <br />I’m pleased to report that significant progress <br />has been made on our part as well as on the <br />part of WNIT. Subsequent to your approval <br />of the development agreement, the <br />Commission approved a contract with the <br />Troyer Group for the development of bid <br />specifications, with a not to exceed cost of <br />$21,000. This phase of the project is nearing <br />completion. <br /> <br />Meanwhile, WNIT’s successful capital <br />campaign in tough economic times illustrates <br />a high level of support in the community for <br />the new facility. An impressive array of <br />grant funds will be applied to equipment <br />purchases as well, bringing the latest in <br />broadcast technologies to our area. WNIT <br />has secured bank financing to get the project <br />underway without delay. <br /> <br />At this point WNIT has provided full proof <br />of funding and has engaged a construction <br />firm to begin interior renovations and build <br />out, already underway. With Commission <br />authorization, the Troyer Group’s proposal <br />for the bidding and construction <br />administration phase of the project, attached, <br />will be submitted to the Board of Public <br />Works for approval. Troyer has provided a <br />range of expected time and expense costs for <br />construction administration of $20,500- <br />$37,000 plus reimbursable expenses. I <br />would ask you to authorize a not to exceed <br /> 9 <br /> <br />