A new ice ribbon and cafe-events center at Beutter Park’s Ironworks Plaza in Mishawaka is a step closer to becoming a reality. The South Bend Tribune reports the city’s common council and redevelopment commission approved a $50 million bond issue to pay for the ice ribbon project and several others.
Project bids came in at just over $15 million, which is nearly $5 million less than the $20.5 million estimate.
“If we can get it done now in a favorable bidding environment, we can save our citizens a lot of money,” Mayor Dave Wood said to the council Monday.
According to the Tribune, Wood said the cost to borrow money is at all-time lows and many local construction firms are looking for work.
The publication reports the new ice ribbon could be ready for guests in the 2022-23 winter season.
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