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~~ ~ ~~~ <br />~uT <br />~ ,~~~,a,;,, ~, <br />_ i • u~~ „/~~e <br />~r~~,r,~ <br />Community & Economic Development <br />. yeas <br />1200 County-City Building, 227 West Jefferson, South Bend, Indiana 46601-1830 ~ Phone 574/235-9371 • Fax 574/235-9021 <br />To: Redevelopment Commission <br />From: Ann Kolata~~,~~~f~~~ <br />Subject: Approval of Confidential Settlement Agreement and Release <br />Date: February 2, 2010 <br />Our environmental attorneys have negotiated a Confidential Settlement Agreement and Release with <br />The Chartis Insurers related to environmental claims made by the Commission concerning the former <br />Oliver Plow property. The insurance companies are willing to pay the Commission and the City of <br />South Bend an amount that has been approved by our Legal Department to settle this claim. There <br />are remaining claims against other insurers, but this agreement only covers The Chartis Insurers. I'm <br />asking that you approve this Settlement. <br />Please contact me at 235-9374 or akolata(a~southbendin.~ov if you have any questions. <br />Commission memo -Century settlement feb 2 2010What We Do Today Makes A Difference s <br />