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South Bend Redevelopment Commission <br />Rescheduled Regular Meeting -June 9, 2006 <br />6. NEW BUSINESS (CONT.) <br />E. Airport Economic Development Area <br />() continued... <br />incidental to the Commission's work to bring <br />a hotel to the Blackthorn Corporate Office <br />Park. During staff's negotiation with the <br />developer stemming back to 2001, Marathon <br />required that the developer relocate his site <br />plan, which has, in turn, necessitated the City <br />relocating some of its sewer and water lines, <br />as well as providing the developer access to <br />be able to build a deck between the hotel <br />development and the golf course. The Third <br />Addendum expands the site thirty feet to the <br />south to allow for all this to occur. The <br />Addendum reserves an easement to the city's <br />various utility improvements, but this step <br />releases that 30-ft portion of the golf course <br />on the south side from the financing <br />documents of the outstanding bonds on the <br />golf course. The Redevelopment Authority <br />has approved the transaction and the Bond <br />Trustee has signed off on it. It's a small piece <br />of property, incidental to the entire bond <br />financing transaction. This is a clean-up <br />action necessary to get the site ready for <br />development. <br />Upon a motion by Mr. Downes, seconded by <br />Mr. King and unanimously carried, the <br />Commission approved the Third Addendum <br />to Lease between the South Bend <br />Redevelopment Authority and the South Bend <br />Redevelopment Commission. (Blackthorn <br />Golf Course Lease) <br />COMMISSION APPROVED THE THIRD <br />ADDENDUM TO LEASE BETWEEN THE SOUTH <br />BEND REDEVELOPMENT AUTHORITY AND THE <br />SOUTH BEND REDEVELOPMENT COMMISSION. <br />(BLACKTHORN GOLF COURSE LEASE) <br />9 <br />