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11-19-04 Redevelopment Commission Minutes
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11-19-04 Redevelopment Commission Minutes
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ILSouth Bend Redevelopment Commission <br />Regular Meeting November 19, 2004 <br />6. NEW BUSINESS (CONT.) <br />C. South Bend Central Development Area <br />(3) continued... <br />Commission and South Bend Community <br />School Corporation had previously entered <br />into an agreement on September 9, 2004 <br />concerning relocation of the School <br />Corporation's administrative offices. The <br />September 91h agreement, has grown stale as <br />to certain dates as well as various changed <br />conditions. The September 9ch agreement has <br />now been amended and restated to reflect the <br />current status of the transaction and it is <br />being presented for the Commission's <br />consideration. <br />In addition, in order to complete some of the <br />ILobligations under the Amended and Restated <br />Agreement, it will be necessary to obtain the <br />Commission's signatures on various <br />documents prior to the next regularly <br />scheduled Commission meeting. <br />Agenda items 6.C.(3) and (4) are two <br />resolutions being presented to the <br />Commission related to the School <br />Corporation Project: (i) Resolution No. 2113 <br />which asks the Commission to approve the <br />actions previously taken and approve <br />execution of documents necessary to effect <br />closing on the transaction and (ii) Resolution <br />No. 2114 which asks the Commission to <br />accept transfer of the Century Building from <br />the School Corporation. <br />Upon a motion by Mr. King, seconded by <br />Mr. Hunt and unanimously carried, the <br />Commission approved Resolution No. 2113 <br />ratifying, confirming and approving certain <br />8 <br />COMMISSION APPROVED RESOLUTION NO. 2113 <br />RATIFYING, CONFIRMING AND APPROVING CERTAIN <br />ACTIONS AND APPROVING THE EXECUTION OF <br />DOCUMENTS RELATED TO THE SCHOOL <br />ADMINISTRATION RELOCATION PROJECT. <br />
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