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South Bend Redevelopment Commission <br /> Regular Meeting—August 16, 2012 <br /> 6. NEW BUSINESS (CONT.) <br /> B. Airport Economic Development Area <br /> (14) continued... <br /> 2. Commission Participation Till Date Amount Notes <br /> Actual Award <br /> Purchase Metal Panels & Screenwall $914,755.00 Amount <br /> Actual Award <br /> Purchase CRAH unit $347,002.00 Amount <br /> Gap $2197558.00 <br /> Total Commission Commitment $1,481,315.00 <br /> 2. Commission Participation Till Date Amount Notes <br /> Actual Award <br /> Purchase Metal Panels & Screenwall $9147755.00 Amount <br /> Actual Award <br /> Purchase CRAH unit $3477002.00 Amount <br /> Gap $2197558.00 <br /> Total Commission Commitment $1,481,315.00 <br /> Staff will bring back to a future meeting <br /> agreements for some of the above mentioned <br /> items. <br /> Mr. Varner asked if there was a way to <br /> determine what was taxable vs. what was not <br /> in the overall Data Realty project. Mr. Varner <br /> also asked if the total cost of the building <br /> could be provided. Mr. Kain responded that <br /> he did not have these numbers at present but <br /> would be able to provide them to Mr. Varner <br /> within a few days. <br /> Mr. Davis expressed concerns that the AEDA <br /> TIF is being spent quickly and wanted to <br /> make sure there would be funds for other <br /> needs. Ms. Jones and Mr. Inks assured him <br /> that the AEDA TIF receives $11M each year, <br /> $4M of which is reserved for debt service. <br /> 27 <br />