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South Bend Redevelopment Commission <br />Rescheduled Regular Meeting -August 26, 2009 <br />Mr. Inks noted that this item is related to a <br />$750,000 equipment grant the city received <br />from the Department of Energy for high tech <br />equipment to outfit the wet lab space at <br />Innovation Park. The funds will come to <br />South Bend. This agreement passes on all <br />the original terms and conditions to the <br />University so that they are required to <br />comply. Staff recommends approval. <br />Upon a motion by Mr. Downes, seconded by <br />Mr. Varner and unanimously carried, the <br />Commission approved Sub-Grant Agreement <br />by and between the City of South Bend <br />Department of Redevelopment and the <br />University of Notre Dame Du Lac and on <br />behalf of Innovation Park at Notre Dame. <br />(3) Sub-Grant Agreement by and between the <br />City of South Bend Department of <br />Redevelopment and the University of <br />Notre Dame Du Lac (Certified Technology <br />Park Project) <br />Mr. Inks noted that at the time the city <br />submitted the application to be a Certified <br />Technology Park, it submitted a grant request <br />for $2,000,000 for construction of the first <br />building at Innovation Park. Again, the city <br />will receive the funds. The subgrant <br />agreement allows the city to pass the funds <br />on to the University of Notre Dame with the <br />original terms and conditions to which they <br />are required to comply. <br />Upon a motion by Mr. Downes, seconded by <br />Ms. King and unanimously carried, the <br />Commission approved the Sub-Grant <br />Agreement by and between the City of South <br />Bend Department of Redevelopment and the <br />University of Notre Dame Du Lac (Certified <br />Technology Park Project) <br />COMMISSION APPROVED SUB-GRANT <br />AGREEMENT BY AND BETWEEN THE CITY of <br />SOUTH BEND DEPAR'T'MENT OF <br />REDEVELOPMENT AND TF{E UNIVERSITY OF <br />NOTRE DAME DU LAC AND ON BEHALF OP <br />INNOVATION PARK AT NOTRE DAME <br />COMMISSION APPROVED THE SUB-GRANT <br />AGREEMENT BY AND BETWEEN "T"HE CITY OF <br />SOUTI I BEND DEPARTMENT OF <br />REDEVEI.OPML-'NT AND THE UNIVERSITY OF <br />NOTRE DAME DU LAC (CERTIFIED <br />TECHNOLOGY PARK PROJECT <br />18 <br />