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South Bend Redevelopment Commission <br />IL Regular Meeting —April 19, 2002 <br />6. NEW BUSINESS (CONT.) <br />D. Sample -Ewing Development Area <br />(4) continued... <br />amendment to the existing agreement <br />increases the total amount of the contract <br />for general environmental consulting <br />services from $25,000 to $30,000. <br />Upon a motion by Ms. Jones, seconded <br />by Ms. Roemer and unanimously carried, <br />the Commission approved the Third <br />Amendment to Agreement for <br />Professional Services with Hull & <br />Associates, Inc. (General environmental <br />consulting services, Studebaker /Oliver <br />Project) <br />(5) Commission approval requested for <br />Escrow Agreement with L.H. Leasing <br />Corporation. <br />Mr. Jon Hunt reported that the <br />agreement is related to the TJX Project. <br />With a total purchase price of $2.4 <br />million for the site, a payment of <br />$600,000 would initially be made and <br />$1.8 million escrowed. Mr. Hunt noted <br />that as the site is conveyed there would <br />be a pro rata release of the proceeds. <br />Upon a motion by Ms. Roemer, <br />seconded by Ms. Jones and unanimously <br />carried, the Commission approved <br />Escrow Agreement with L.H. Leasing <br />Corporation subject to approval of the <br />Contract For Sale Of Land between the <br />City of South Bend, the South Bend <br />Redevelopment Commission, AJW <br />South Bend Realty Corp. and TJX <br />IL Companies, Inc. <br />13 <br />COMMISSION APPROVED THE THIRD <br />AMENDMENT TO AGREEMENT FOR <br />PROFESSIONAL SERVICES WITH HULL & <br />ASSOCIATES, INC. (GENERAL ENVIRONMENTAL <br />CONSULTING SERVICES, STUDEBAKER/OLIVER <br />PROJECT) <br />COMMISSION APPROVED ESCROW AGREEMENT <br />WITH L.H. LEASING CORPORATION SUBJECT TO <br />APPROVAL OF THE CONTRACT FOR SALE OF <br />LAND BETWEEN THE CITY OF SOUTH BEND, THE <br />SOUTH BEND REDEVELOPMENT COMMISSION, <br />AJW SOUTH BEND REALTY CORP. AND TJX <br />COMPANIES, INC. <br />