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A <br />r <br />i <br />South Bend Redevelopment Commission <br />Regular Meeting —June 7, 2002 <br />6. NEW BUSINESS (CONT.) <br />H. Other <br />(1) continued... <br />Ms. Greene introduced Attorney John <br />Ford from the law firm of Jones <br />Obenchain and attorney for J. B. <br />Investment Properties, Inc.. <br />Mr. Ford advised the Commission that <br />the agreement was a contingent contract <br />based upon the developer's continued <br />negotiations to acquire Scottsdale Mall. <br />Mr. Ford offered to address any <br />questions the Commission might have <br />regarding the agreement. <br />Ms. Greene acknowledged that many <br />actions will have to be taken before any <br />work actually commences on the site. <br />Upon a motion by Mr. Faccenda, <br />seconded by Mr. Kahn and unanimously <br />carried, the Commission approved the <br />Agreement By and Between The South <br />Bend Redevelopment Commission and <br />J. B. Investment Properties, Inc. <br />(Scottsdale Mall) <br />7. PROGRESS REPORTS <br />Mr. Inks informed the Commission that the first half <br />of 2002 was productive. A progress report covering <br />the first six months for all development areas would <br />be forwarded. <br />Mr. Inks invited Commissioners to stop and see the <br />TJX Project which remains on target with a date of <br />July 1, 2002 for Close of Sale and possession of <br />property for Phase I construction. <br />17 <br />COMMISSION APPROVED THE AGREEMENT BY <br />AND BETWEEN THE SOUTH BEND <br />REDEVELOPMENT COMMISSION AND J. B. <br />INVESTMENT PROPERTIES, INC. (SCOTTSDALE <br />MALL) <br />PROGRESS REPORTS <br />