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South Bend Redevelopment Commission <br />Regular Meeting— December 7, 2001 <br />6. NEW BUSINESS (CONT.) <br />C. South Bend Central Development Area <br />(Continued...) <br />(1) Continued... <br />Mr. Hunt said that he thought it was <br />premature to agree to allow Ms. Dunlap to <br />have up to four weeks to auction the <br />equipment in the event it is not wanted by <br />the entity leasing the property. <br />Mr. Mathia responded that a decision on this <br />issue was only necessary if the Commission <br />decided not to allow Ms. Kendal to stay past <br />the termination date. <br />Mr. Hunt replied that the Commission was <br />inclined to extend the lease on a month -to- <br />month basis to hopefully allow Ms. Kendal <br />to enjoy the business from the Christmas <br />season. This would hopefully allow her to <br />bring her rental arrears up to date. He didn't <br />think that the Commission needed to take <br />any action until bids were received. <br />Mr. Kahn made a motion that the <br />Commission allow Catering by Billie to stay <br />if they sign the indemnification agreement, <br />until such time the bidding process is <br />finalized. <br />Ms. Greene asked if the Commission wanted <br />to continue under the same terms and <br />conditions as the existing lease. <br />Mr. Faccenda asked what the terms and <br />conditions of the existing lease were with <br />regard to payments. <br />Mr. Mathia replied that the current rent is <br />about $1800 a month. <br />16 <br />