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South Bend Redevelopment Commission <br />Regular Meeting — June 17, 2005 <br />Mr. Olesker replied that the business plan <br />was available and would be sent Federal <br />Express to staff. <br />Ms. Greene informed Mr. Olesker that any <br />documents submitted to the Commission, as <br />a public body, are subject to Indiana's public <br />access laws. It was noted that financial <br />information was being requested by the <br />Commission and, as such is exempted from <br />the disclosure requirement in accordance <br />with IC 5- 14- 3 -4(a). <br />Mr. Olesker asked if an abridged edition of <br />the business plan, without the financial <br />documents attached, would be acceptable. <br />Ms. Greene responded that the Commission <br />would need the complete business plan in <br />order to properly evaluate the proposal for <br />lease of the property. <br />Mr. King clarified with Mr. Olesker that <br />legal counsel for the Commission is <br />suggesting that the financial information <br />submitted with the Sit & Knit business plan <br />be marked confidential. <br />Upon a motion by Mr. Downes, seconded by COMMISSION APPROVED THE PROPOSED <br />Mr. Hunt and unanimously carried, the <br />COMMERCIAL LEASE BETWEEN THE CITY OF <br />Commission approved the proposed <br />SOUTH BEND, INDIANA AND SIT & KNIT, A <br />YARN CAFE, INC. SUBJECT TO RECEIPT AND <br />Commercial Lease between the City of South <br />REVIEW OF THE BUSINESS PLAN. (129 S. <br />Bend, Indiana and Sit & Knit, A Yarn Cafe, <br />MICHIGAN STREET) <br />Inc. subject to receipt and review of the <br />business plan. (129 S. Michigan Street) <br />(3) Commission approval requested for <br />Resolution No. 2172 approving the fair <br />market value of property in the South <br />Bend Central Development Area. (former <br />Osco Building) <br />L <br />