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12-05-03 Redevelopment Commission Minutes
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12-05-03 Redevelopment Commission Minutes
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South Bend Redevelopment Commission <br />Regular Meeting— December 5, 2003 <br />6. NEW BUSINESS <br />C. South Bend Central Development Area <br />(2) continued... <br />Ms. Huges reported that Resolution <br />No. 2015 contracts the boundaries of the <br />South Bend Central Development Area by <br />approximately 77 acres. These are <br />properties primarily owned by Madison <br />Center, or pertaining to their long range <br />expansion plans. The Madison Center will <br />be brought into the Northeast Neighborhood <br />Development Area. The filing of Resolution <br />No. 2015 also sets a Public Hearing for <br />December 19, 2003 at 10:00 a.m. <br />Upon a motion by Mr. Blake, seconded by <br />Ms. Jones and unanimously carried, the <br />Commission accepted for filing, Resolution <br />No. 2015 and set a Public Hearing on <br />Resolution No. 2015 for Friday, <br />December 19, 2003 at 10:00 a.m. at a <br />Regular Meeting of the Redevelopment <br />Commission. <br />(3) Commission approval requested for lease <br />Term Extension Letter Agreement <br />between American Partners, L.P. and the <br />City of South Bend Redevelopment <br />Commission. (128 South Michigan Street, <br />Osco Drug) <br />Mr. Williams reported that Osco Drugs, <br />located at 128 S. Michigan Street, has <br />determined they will not renew the current <br />lease which expired November 30, 2003. <br />Osco has requested to remain in the building <br />until the end of February 2004 at a rental <br />figure of 125% of the current rate or <br />11 <br />COMMISSION ACCEPTED FOR FILING, <br />RESOLUTION No. 2015 AND SET A PUBLIC <br />HEARING ON RESOLUTION NO. 2015 FOR <br />FRIDAY, DECEMBER 19, 2003 AT 10:00 A.M. AT <br />A REGULAR MEETING OF THE REDEVELOPMENT <br />COMMISSION. <br />
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