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South Bend edevelopment Commission <br />Regular Mee ing - October 19, 1979 <br />6. NEW BUSINESS <br />d. continued... <br />Ms. Auburn made a motion to approve Resolution #597 <br />thanking RAHN Properties II for its contribution to <br />the revitalization of downtown South Bend, seconded <br />by r. Donaldson and the motion was unanimously <br />carried. <br />7. PROGRES$ REPORTS <br />Mr. Ell son: The staff has not prepared progress reports, <br />althougi we did want to indicate at this juncture, that <br />Commiss on President F. Jay Nimtz, is in Memorial Hospital. <br />His spi its appear to be high, but he also seems to be <br />extreme y disappointed at being unable to take part in <br />the cer monies today (First Bank /Rahn Properties II kick <br />off) . <br />Mr. Rob nson: Thank you Mr. Ellison. Are there any <br />questio s to be brought before the Commission from the <br />press o public? <br />Mr. Anderson: Mr. Ellison, will you be able to make a <br />decision on the Odd Fellows Building at your next <br />meeting now that you will.be receiving some advice from <br />Mr. Jan otta? <br />Mr. Ell son: The staff has no intention of delaying the <br />analysis of the Odd Fellows Building. If we are able to <br />have sufficient information to report to the Commission <br />by the next meeting, we will do so, if we do not have <br />suffici nt information to report, then we will not. We <br />have to take whatever time is necessary to assure that <br />the Com ission has full information, all necessary <br />informs ion, prior to the time that we make a recom- <br />mendati n on it. <br />Mr. But er I have brought a signed lease to the Commission <br />(lease agreement between the Department of Redevelopment, <br />City of South Bend, and first Bank & Trust and Rahn Proper- <br />ties II). It probably has been recorded by this point this <br />morning I also have the security called for in the lease <br />agreeme t, which is a demand note of $10,000 running <br />against the partnership and the partners with absolute <br />recours . <br />10 <br />DISCUSSIONS CON - <br />CERNING MR. NIMTZ'S <br />HEALTH AND THE <br />DEPARTMENT'S WELL <br />WISHES <br />MR. BUTLER'S <br />COMMENTS ON THE <br />LEASE AGREEMENTS <br />WITH FIRST BANK & <br />TRUST AND RAHN <br />PROPERTIES II <br />