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South Bend Redevelopment Commission <br />Regular Meeting — November 15, 2002 <br />6. NEW BUSINESS (CONT.) <br />E. Airport Economic Development Area <br />(1) continued... <br />Upon a motion by Mr. Kahn, seconded by <br />Mr. Faccenda and unanimously carried, the <br />Commission approved the proposal from <br />Mr. Jack Young, Storion Group, LLC., for <br />the purchase and development of property in <br />the Airport Economic Development Area. <br />(Blackthorn Corporate Office Park) <br />(2) Commission approval requested for <br />indemnification for the Jack Young <br />project in the Airport Economic <br />Development Area. (Blackthorn <br />Corporate Office Park) <br />Mr. Rock requested an indemnification for <br />the Jack Young project in the Blackthorn <br />Corporate Office Park. Mr. Young would <br />like to begin construction immediately and <br />is requesting access to Commission owned <br />property. Staff is currently assembling the <br />documentation for the Contract For Sale of <br />Land and it is estimated the transaction will <br />be complete by mid December. <br />Upon a motion by Mr. Kahn, seconded by <br />Ms. Jones and unanimously carried, the <br />Commission approved indemnification for <br />the Jack Young project in the Airport <br />Economic Development Area. (Blackthorn <br />Corporate Office Park) <br />F. South Bend Medical Services District <br />There was no business in the South Bend <br />Medical Services District. <br />ILO-11 <br />13 <br />COMMISSION APPROVED THE PROPOSAL FROM <br />MR. JACK YOUNG, STORION GROUP, LLC., FOR <br />THE PURCHASE AND DEVELOPMENT OF PROPERTY <br />IN THE AIRPORT ECONOMIC DEVELOPMENT <br />AREA. (BLACKTHORN CORPORATE OFFICE <br />PARK) <br />COMMISSION APPROVED INDEMNIFICATION FOR <br />THE JACK YOUNG PROJECT IN THE AIRPORT <br />ECONOMIC DEVELOPMENT AREA. <br />(BLACKTHORN CORPORATE OFFICE PARK) <br />THERE WAS NO BUSINESS IN THE SOUTH BEND <br />MEDICAL SERVICES DISTRICT. <br />