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• . South Bend Redevelopment Commission <br />%OW Regular Meeting — November 18, 2005 <br />6. NEW BUSINESS (CONT.) <br />B. South Bend Central Development Area <br />(3) Staff report on use of Commission owned <br />property in the South Bend Central <br />Development Area. (Sycamore St.) <br />Mr. Williams noted that CB Richard Ellis, as <br />leasing agent for the Commerce Center, has <br />submitted a proposal for the temporary use of <br />a vacant parking lot on Sycamore Street. The <br />proposal is to utilize the property for parking <br />associated with the Commerce Center. The <br />Commerce Center has experienced increased <br />occupancy and, as a result, the parking <br />available at the Commerce Center has not <br />been adequate. The proposed terms of use <br />are $250 per month fee for the use of 18 <br />parking spaces. The Commerce Center will <br />carry liability insurance naming the City of <br />South Bend and the Redevelopment <br />Commission as coinsured and will be <br />responsible for all maintenance and <br />operation, including snow removal and <br />monitoring. The use will be permitted on a <br />month to month basis, as the Commission <br />had previously expressed its desire to keep <br />the land available for future comprehensive <br />development. <br />Upon a motion by Mr. Hojnacki, seconded <br />by Mr. Blake and unanimously carried, the <br />Commission approved the terms of the <br />temporary is of the parking lot and <br />authorized legal counsel to prepare aan <br />agreement with the Commerce Center <br />according to the terms presented at this <br />meeting. <br />11 <br />COMMISSION APPROVED THE TERMS OF THE <br />PROPOSAL FOR THE TEMPORARY USE OF THE <br />PARKING LOT ON SYCAMORE STREET AND <br />AUTHORIZED LEGAL COUNSEL TO PREPARE AN <br />AGREEMENT WITH THE COMMERCE CENTER <br />ACCORDING TO THOSE TERMS. <br />