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REGULAR MEETING <br />FEBRUARY 17,' 1976 <br />It is with this in mind that the following is respectfully <br />requested: <br />1) That the City would agree to lease that portion of land <br />previously acquired to Landmark of INdiana; Inc. for $1.00 <br />per year.J <br />2) That the.leased property would be allowed to be improved <br />with landscaping and additional parking facilities. <br />3) That should the Michigan -Marion Street connector become <br />a reality on this location, the lease may be terminated. <br />I believe the above can be of mutualbenefit. The City will <br />have an attractive, well maintained improvement on an other- <br />wise dormant piece of land. It will also be available for <br />its intended use whenever that may occur. <br />On the other hand, the Ifemorial Professional Building will <br />benefit ---by the additional landscaping and parking while being <br />able to control the maintenance of that property directly in <br />front of the balance of the corner. <br />It is understood that the cost of these iraprovements would <br />be borne by the lessee. <br />Thank you for your attention to this request.; <br />Sincerely yours, <br />LANDMARK OF INDIANA, INC. <br />s/ James P. Conboj7, Jr. <br />Mr. Farrand said he saw no objection in letting Mr. Conboy maintain <br />this area as long as the lease provides for termination when the <br />City needs the land. Mr. Mullen asked how big the parcel of land is. <br />Mr. Farrand said it is crescent -shaped and about 7000 square feet. <br />Mr. Mullen then asked about the timetable for possible City need <br />for the land. Mr. Farrand said it would be at least two years away. <br />Mr. Farrand made a motion that the Board approve the request and <br />refer it to the City Attorney's Office for preparation of the lease. <br />Mr. Brunner said he would recommend that approval be contingent upon <br />coming up with a satisfactory lease agreement. Mr. Farrand amended <br />his motion to sav that the Board approved the request, subject to <br />a satisfactory lease agreement being prepared. Mr. Brunner seconded <br />the amended motion. Gene Evans, Civic Planning Association, questioned <br />whether the $1.00 figure was a reasonable one. Mr. Farrand said Mr. <br />Conboy would landscape the area and there would be a blacktopped <br />parking area. He said, since the City would not be responsible for <br />mowing the weeds and maintaining the lot, he did not think the <br />figure was unreasonable. The question was called and the motion <br />carried. <br />NO PARKING 'LONE APPROVED - 1541 17. DUNHAM <br />Ralph J. 17adzinski, Manager, Bureau of Traffic and Lighting, requested <br />approval of the Board for the installation of a No Parking -Passenger <br />Loading; Zone at 1541 14. Dunham, the location of the E1 Campito Day <br />Care Center, for the loading and unloading of pre-school children. <br />Upon motion rade by Mr. Farrand, seconded by Mr. Brunner and carried, <br />the installation was approved. <br />