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281 <br />REGULAR MEETING <br />JULY 16, 1984 <br />and St. Joseph County, Indiana and recommended approval. This <br />Agreement is for the purpose of providing $1,500,000.00 in <br />UDAG funds to the Development Corporation for a loan to One <br />Michiana Square Associates for the development and construction <br />of an office facility in the downtown South Bend area. The <br />Agreement states that the City was awarded an Urban Development <br />Action Grant (UDAG) on April 17, 1984 in the amount of <br />$1,500,000.00 for the purpose of granting the funds to the <br />-Development Corporation so that a loan can be entered into <br />by the Development Corporation with One Michiana Square Associates. <br />and under the terms of the UDAG Agreement the City and Development <br />Corporation shall enter into this Agreement providing for the <br />amount of UDAG funds to be transferred from the City to the <br />Development Corporation outlining the terms and conditions <br />respecting the transfer of grant funds and the activities to <br />be carried out by both the City and Development Corporation. <br />Upon a motion made by Mr. Leszczynski, seconded by Mr. Vance <br />and carried, the Grant Agreement was approved and executed. <br />APPROVE LEASE WITH OPTION TO PURCHASE AGREEMENT BETWEEN <br />THE CITY AND MARQUETTE LEASE SERVICES, INC. FOR ONE (1) <br />AERIAL APPARATUS (FIRE DEPARTMENT) <br />Board Attorney Carolyn V. Pfotenhauer advised that in conjunction <br />with the bid awarded on June 19, 1984 to Peter Pirsch & Sons <br />Company, 1308 35th Street, Kenosha, Wisconsin, for the lease <br />purchase of one (1) 1984 Pirsch 110' Sky Top Aerial Apparatus <br />with pump in the amount of $214,635.00 minus the trade-in price <br />of $12,000.00 for a net bid awarded of $202,635.00, the above <br />referred to Lease Purchase Agreement was being presented for <br />approval subject to its subsequent review by the City Controller's <br />office. Mr. Vance advised that the Lease with Option to Purchase <br />Agreement is with Marquette Lease Service, Inc., Sixth and <br />Marquette, Minneapolis, MN and provides for four (4) annual <br />payments of $63,635.80 each. Upon a motion made by Mr. <br />Leszczynski, seconded by Mr. Hill and carried, the above Lease <br />Agreement was approved and executed and forwarded to the City <br />Controller's office for subsequent review. <br />APPROVE COMMUNITY DEVELOPMENT ADDENDA <br />The following four (4) Community Development Addenda were <br />presented to the Board for approval: <br />ADDENDUM I <br />DEPARTMENT OF PUBLIC WORKS <br />HANDICAPPED ACCESS CURB CUTS <br />Addendum I indicates that the Timetable category <br />shall be revised and states that the Activity <br />shall commence on August 1, 1983 and shall <br />continue to and include October 31, 1984. <br />ADDENDUM III <br />YOUTH SERVICE BUREAU <br />RENT -A -TEEN <br />Addendum III indicates that the Timetable category <br />shall be revised and states that the Activity shall <br />.commence on August 1, 1983 and shall continue to <br />and include October 31, 1984. <br />ADDENDUM I <br />DEPARTMENT OF PUBLIC WORKS <br />WESTERN AVENUE PUBLIC WORKS <br />Addendum I indicates that the Timetable category <br />shall be revised and states that the Activity <br />shall commence on August 1, 1983 and shall <br />continue to and include October 31, 1984. <br />