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06-18-04 Redevelopment Commission Minutes
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06-18-04 Redevelopment Commission Minutes
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Redevelopment Commission Meeting <br />IL Regular Meeting — June 18, 2004 <br />6. NEW BUSINESS (CONT.) <br />D. South Bend Central Development Area <br />(1) continued... <br />approving the execution of a ground lease <br />and other related documents associated <br />with the Studebaker Museum relocation <br />project (South Bend Central Development <br />Area) <br />Ms. Greene noted that Resolution No. 2065 <br />accepts the transfer of property from South <br />Bend Heritage Foundation which will serve as <br />the site for the Studebaker Museum. This <br />resolution also approves execution of a ground <br />lease related to property on which a connector <br />between the Center for History and the <br />Studebaker Museum will be located. Because <br />legal counsel for the parties are still working <br />ILI through some language issues in the ground <br />lease, the resolution provides that the ground <br />lease to be executed must be in a form <br />consistent with the form presented at this <br />meeting with any changes as are deemed <br />appropriate by legal counsel. Resolution No. <br />2065 also recognizes that a variety of closing <br />documents will need to be signed and <br />authorizes their execution. <br />Upon a motion by Mr. Kahn, seconded by Mr. <br />Faccenda and unanimously carried, the <br />Commission approved Resolution No. 2065 <br />approving acquisition of real property to <br />facilitate the Studebaker National Museum <br />relocation project and approving the execution <br />of a ground lease and other related documents <br />associated with the Studebaker Museum <br />relocation project (South Bend Central <br />Development Area) <br />8 <br />COMMISSION APPROVED RESOLUTION NO. 2065 <br />APPROVING ACQUISITION OF REAL PROPERTY TO <br />FACILITATE THE STUDEBAKER NATIONAL <br />MUSEUM RELOCATION PROJECT AND APPROVING <br />THE EXECUTION OF A GROUND LEASE AND <br />OTHER RELATED DOCUMENTS ASSOCIATED WITH <br />THE STUDEBAKER MUSEUM RELOCATION <br />PROJECT (SOUTH BEND CENTRAL <br />DEVELOPMENT AREA) <br />c, <br />
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