HomeMy WebLinkAbout5A2 Budget Request (Four Winds Field Renovations Design)_signedRedevelopment Commission Agenda Item
DATE: 01/25/2024
FROM: Patrick Sherman: Public Works
SUBJECT: Four Winds Field Renovations Design
Which TIF? (circle one) River West; River East; South Side; Douglas Road; West Washington
PURPOSE OF REQUEST: Venues Parks and Art and Public Works are requesting $2,631,950.00 from
RWDA to continue full design services toward the bidding and construction of the renovation and
expansion of Coveleski Stadium, which is the home of Four Winds Field and the South Bend Cubs. The
City will be issuing a bond utilizing the Professional Sports and Convention Development Area (PSCDA)
fund. Following the issuance of the bond, the funds for this request will be reimbursed to the RWDA.
Specifics: The City is working closely with the South Bend Cubs on a historic renovation of
Coveleski Stadium. The plan involves numerous improvements and upgrades to the facility
including a second deck and multipurpose building, among others, to increase their ability to
serve their guests as they continue to break attendance records at the stadium. This request
will cover the completion of Detailed Design, Construction Documents, and Bidding. The PSCDA
fund is designed to keep taxes local instead of them remaining with the state, to further
support professional sports and conventions centers and increase their ability to drive
economic engagement and development. These funds will ensure that the project can continue
to move forward and remain on an aggressive schedule while the bond process is completed.
The funds are expected to be reimbursed within the next 6-7 months.
INTERNAL USE ONLY: Project Code: _______________________________________________;
Total Amount new/change (inc/dec) in budget: _______________; Break down:
Costs: Engineering Amt: ______________________; Other Prof Serv Amt_________________;
Acquisition of Land/Bldg (circle one) Amt: ___________; Street Const Amt ________________;
Building Imp Amt_________; Sewers Amt_________; Other (specify) Amt: ________________
___________________________________________. Going to BPW for Contracting? Y/N
Is this item ready to encumber now? ____ Existing PO#__________ Inc/Dec $_____________
_________________________Pres/V-Pres
ATTEST: __________________Secretary
Date: January 25, 2024
APPROVED Not Approved
SOUTH BEND REDEVELOPMENT COMMISSION
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