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®CITY OF SOUTH BEND I OFFICE OF THE CLERK Committeemember Davis went on, So if you look at it from that, at seventy (70) miles an hour, that is pretty much the same concept of doing it from Hudson Lake? The reason it is a little bit different is, and I can see it in my head, but I just want to talk it out because you realize we all drive it. When we drive it we have the stoplights and everything else and potholes so we have to put our brain into our transit mode of train and then, from that standpoint, that makes the two (2) minutes possible from that standpoint. Mr. Wacker replied, Absolutely. Mr. Brewer stated, Each station location had a quarter and half mile ring drawn around them. So for Downtown,this means half of the area is south of the station which means it is a very industrial flavor and the north side of that ring pulls in a large portion of Downtown. The other station locations have grade crossings,too. The ability to get across what is, in fact,already a busy freight corridor starts to influence the extent of what will happen in those areas. Committeemember Davis asked, When you looked at the economic impact with the possibility of a few of the sites opening sooner, did that affect the numbers? Did you put that in your analysis? Mr. Brewer replied, A fair amount of judgment went into those numbers. Honeywell could potentially happen one (1) to two (2) years faster than Downtown, in theory. From a real estate standpoint, there is an equal way of the extent to which a developer acting on their own without incentives can instantly pursue a project and make it happen.Those values are not to a point where it is a clear-cut opportunity so one (1) of the things we talked about was it being vacant land and asked what the best use for that land will be long term. There is an argument that it could move forward relatively quickly from a Mixed-Use standpoint. We are trying to balance this post- recession world. There are few fewer developers than there were in 2007. Pre-recession, the average developer knew exactly what they were doing. This is a different world now and we are trying to understand and predict what our development community will do in the next two (2) and three(3)years. That is part of the excitement of this. I think we came up with reasonable outcomes. Honeywell might be able to move forward a little more quickly but again, from a density standpoint, we could build more housing on smaller parcels and potentially have a greater effect Downtown with a taller building. Committeemember Davis then stated, With the security issue, I know there have been people in the media saying there are security issues. We you configured a place and set it up,what were your thoughts regarding security, safety and how did that factor into your thoughts of putting this together? Mr. Wacker replied, Security came into play in the O&M costs. When we spoke with South Shore and NICTD,they told us there would have to be a certain level of their security at the stand alone sites. Those sites are the Honeywell, Amtrak and Downtown. The Chocolate Factory and the airport sites were assumed there is already some security there. It didn't play into our costs other than O&M costs and it didn't have any influence on ridership. Most of that is because NICTD suggested we needed extra security and they provided the numbers for what it would cost. One(1) thing I wanted to point out,too, in regard to the environmental action required for these sites. The Honeywell site is by far the easiest as it is on the existing line. There would probably be minimal environmental documentation required and could go to construction the fastest. Downtown and EXCELLENCE I ACCOUNTABILITY I INNOVATION I INCLUSION I EMPOWERMENT 455 County-City Building 1227 W.Jefferson Bvld I South Bend,Indiana 466011 p 574.235.9221 If 574.235.9173 1 TM574.235.5567 I www.southbendin.gov 11