Laserfiche WebLink
South Bend Redevelopment Commission <br />Regular Me ting .November 16, 1979 <br />4. COMMUNICATIONS <br />Mr. Wagoner continues... <br />this a ticle last night. I have a letter that I would like <br />to rea to you addressed to the President of the South <br />Bend R development Commission, Mr. F. Jay Nimtz: <br />Deat Mt. Nimtz: As you know, in response to my <br />t ere o4 NovembeA 8, . 1919, you arctranged a meeting <br />between yvutus et' 6, Kevin Buteen and Ann Kotata o A <br />e CommL6sion',s sta46, and myzetj, owe attonney <br />ce BancAo 4t, and S 2t Keyes o4 cure o 44ice, which <br />Was head on Tuesday, November 13, 1979 at the <br />C mmission's oij ce, Got the purpose o4 expiating <br />and tAycng to teso.eve the possibte con4ti.et o4 <br />ikteAe,6t quest on to ms ed by ws . <br />Oct o4 that meeting, two undeutand.ings have evolved. <br />Fitst, that the sta4j wiU recommend to the Comm. 6zion <br />Vat no 4uAthen otderus 4ot titte insutcance wiU be <br />given by the Commission to Michiana TZae'Cotp. <br />zumcng the Commilssion adopts such a tu.Ce, thus <br />satigy out 4iut complaint. <br />Second, that Pii.chiana Title Cotp. wit2 withdraw 4tom <br />and wiU to jAa%n Jtom whiting any t tee in3utanee 4ot <br />the Comm zzion and in paAt i.cutat, w,i U tejtain Atom <br />w " `ng any �uxthen t t2e insutance on the so- called <br />" .crest Bank -Ma" i;ot Comptex" . Z J this undetstanding <br />catvLied out, it wiU satis4y out second and .past <br />c mptain-t. <br />We 4eee that these -two actions wilt remove the ptoba- <br />6 y unintentional con6tict a4 intete/st, and even the <br />a peatance o4 such con4tict. This was outs pAimaty <br />c ncetn. <br />Mr. Nii <br />here t <br />letter <br />letter <br />concer <br />true. <br />the Le <br />it cou <br />for <br />pol icy <br />asked <br />James D. Wagoner, President <br />itz: Thank you, Mr. Wagoner. I appreciate your being <br />its morning, making this statement and reading this <br />I might say, after Jim had written his original <br />that he was under the impression that the big policy <br />ling the building had already been let. That is not <br />The only possible preliminary policy was concerning <br />tsehold Interest which was a very minor policy so that <br />Id be included that Thursday when the bond closing <br />First Bank Center project took place. The big <br />had not been let, and in fact since then you've been <br />=or a bid on that big policy? Is that correct? <br />-5- <br />