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Resolution No. 1933 ratifying, confirming <br />and approving certain actions previously <br />taken related to the Hotel LaSalle <br />adaptive re -use project. <br />Mr. Schalliol read portions of a letter dated <br />December 19, 2002, signed by Mr. Jon <br />Hunt, Executive Director of the Department <br />of Redevelopment to Ms. Laura Guy, <br />Executive Director of Downtown South <br />Bend, Inc. as follows: "The City of South <br />Bend is pleased to endorse and support <br />Dowtown South Bend's decision to purchase <br />the former Hotel LaSalle property. The <br />decision to acquire and hold the property for <br />a twelve month period while recruiting a <br />private- sector development partner is a <br />major step for Downtown South Bend, and <br />is not without some risk and organizational <br />investment. The Hotel LaSalle is a <br />significant downtown building and landmark <br />which, if properly rehabilitated as a mix -use <br />facility, will enhance downtown's ambience <br />and contribute to its physical redevelopment <br />and economic revitalization ". The letter <br />includes an attachment detailing six <br />provisions that are part of the Hotel LaSalle <br />project. Staff is requesting the Commission <br />review the Letter Agreement, which is part <br />of the project proposal, and approve as <br />submitted. <br />Mr. Greene advised that Mr. Jon Hunt has <br />previously signed the letter; therefore, <br />Resolution No. 1933 would be ratifying Mr. <br />Jon Hunt's actions with respect to the Hotel <br />LaSalle project. <br />Ms. Greene noted that Commissioner Matt <br />Kahn is on the Board of Downtown South <br />Bend and will be abstaining from the vote <br />on Resolution No. 1933. Also, Mr. Robert <br />Hunt, President of the Redevelopment <br />L, 13 <br />