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South Bend Redevelopment Commission <br />Regular Meeting -October 2, 2009 <br />significantly lower amount. <br />Staff recommends favorable consideration by <br />the Redevelopment Commission. <br />Mr. Nussbaum noted that he felt the <br />settlement was appropriate because it was <br />reasonable in amount, and any litigation <br />related to the right to renew the SASCO lease <br />would be uncertain, costly and time <br />consuming. This settlement allows the city <br />to move forward with the Ignition Park <br />project in a timely and cost effective fashion. <br />At the same time it preserves a business <br />which has historically been very important to <br />our community. <br />Mr. Varner questioned the unilateral nature <br />of the right to renew and wanted to know if it <br />was the Commission's policy to have <br />renewals structured in that fashion. Mr. <br />Nussbaum responded that the option to <br />renew is subject to negotiation and either <br />party's right to renew is dependent upon the <br />facts and circumstances of each situation. <br />Mr. Downes made a motion to approve the <br />Lease Termination Agreement with SASCO. <br />Ms. King seconded the motion. The motion <br />carried on a vote of four to one with Mr. <br />Varner opposed. <br />6. NEW BUSINESS <br />A. Receipt of Bids <br />(1) Receipt of Bids for Operation and <br />Management of Blackthorn Golf Course <br />Mr. Inks noted that seven bids were received <br />prior to the 9:30 a.m., October 2, 2009 <br />deadline: <br />COMMISSION APPROVED THE LEASE <br />TERMINATION AGREEMENT WITH SASCO <br />