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08-26-09 Redevelopment Commission Minutes
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08-26-09 Redevelopment Commission Minutes
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South Bend Redevelopment Commission <br />Rescheduled Regular Meeting –August 26, 2009 <br /> <br />6. NEW BUSINESS (CONT.) <br /> <br />G. Northeast Neighborhood Development Area <br /> <br /> <br />(2) 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 and on behalf of <br />Innovation Park at Notre Dame. <br /> <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 /> <br />CS-G <br />Upon a motion by Mr. Downes, seconded by <br />OMMISSION APPROVED UBRANT <br />AC <br />GREEMENT BY AND BETWEEN THE ITY OF <br />Mr. Varner and unanimously carried, the <br />SBD <br />OUTH END EPARTMENT OF <br />Commission approved Sub-Grant Agreement <br />RU <br />EDEVELOPMENT AND THE NIVERSITY OF <br />by and between the City of South Bend <br />NDDL <br />OTRE AME U AC AND ON BEHALF OF <br />Department of Redevelopment and the <br />IPND <br />NNOVATION ARK AT OTRE AME <br />University of Notre Dame Du Lac and on <br />behalf of Innovation Park at Notre Dame. <br /> <br /> <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 /> <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 /> 20 <br /> <br />
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