RM 11-16-79 - Laserfiche WebLink

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South Bend Redevelopment Commission Regular Meeting - November 16, 1979 7. PROGRE S REPORTS a. Mr. Nimtz continues... design concept. In addition, I beUeve ptiesent uncefttain- ties and high .interest nate�s, eoupted with the tatge in- vestment o f pubt is 4unds tequited to Hsu cce&s jut2y compete CemtuAy ,MaU, tequite that aU opti<onz be te4t open dot the n orris nq admin 6tAation and the C�it y Counc iZ. hough the ztaJ4 t ecommendati.on estates that "the bwitding coutd be saved... ", the staJ4 concludes that additionat pis tic sector time and .investment woutd be necrosaty to as uke the successjut tcenovation o4 the Odd Pe.Uow-s Buie -d- in . The .6taJ4 4ututhet concludes that the tenovat.ion o4 the building is not "a high enough pAi,o,uty" to deserve an adcitionat .investment o4 public seetoA time and tesou&c&s. Th6t last cohauz ion is not a proper one 4or the sta4i but, l nk.2y, is within the purview o4 the Redevetopment Co .i�s�s ion. A,Uhough the Mayors has made &ubztantia- ptogtesz on the to evetopment o4 "downtown" and should be eomptimented 4ot initiative and succeszes, the Centu&y MaU. Project stiU t gins only a concept in teim o4 design, con4.igutiation anc I composition. Financial data has been ptepated; we know the ptce.P,im inalcy pubtic and ptuivate s eetot costs However, we have no commitment and no de4in i to funding z ouree 4o& the pu tic costs. Yet the deciz i on to .invest pt.ivate gunds .us coytingent upon a de4.in.ite and binding commitment o4 pubt is ,se of gunds. In eonctus.ion, I be,Pieve that those who w,i.0 have toimpte- mept the Century Mall Project must be allowed to have ava i- ta .2e aft pozzible development and .investment opt.ionb, .in- ding the pozz ibit ty o6 renovating and teu�s.ing the Odd Fdlow,s Suitding. To reiterate, .i4 demolition o� the Odd Feltom Bu it-ding is nequ,uced jot the initiation and success- comptetion o f the ptopozed Century MaU, I would suppotrt the demotiti:on o4 the structu&e. However, untie that time eo es, att pozs.ibte options shoutd be kept open 4ot the d.i 4.icu.?t task o f continuing and compteti:ng the udevetop- meyt o4 our downtown. Th e4ote, I &estate my request 4ot a po-stponement o� your de ' .ion concenning the Odd fe22ow6 Building and hope to me with you in the neat 4utute. Thank you 4ot eon�s,idet ing my teque t. Sti eetety, Roger O. Parent, President, Common Couneit, Mat ro&- elect. Mr Nimtz: I also have a letter from Mary Christine Adams, Councilman at Large. -25-