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South Pend Redevelopment Commission <br />Regul# Meeting - March 21, 1980 <br />4. COMYMICATIONS <br />a. <br />continued.... <br />I am pleased to &epo&t that ouAc e44otr t was <br />4AUit�jut. <br />The South Bend Buitding Co&poAati,on, an <br />Indiana ConpoAation to be 4otrmed, wd t t inetude <br />Mn. Sam Kalman o4 San Ftcanei�s co and the owneu <br />o4 South Bend',s Mi.eh.iana Regionat waAehouse, <br />toeated in the Studebaketc CoAAido& (W ttiam <br />Ne zon) . They pupoze to aequ,iAe the Odd <br />Fe,Uow,s Buitding and renovate it as a mutti- <br />Ato&y o44ice buitding with netait on the ground <br />4too&. Ptcet iminany ptans �jo& the building ,include: <br />Reptaeement o4 aft existing windowz with <br />thetcmopane bunzed anodized windowz <br />Consttcuetion o�j a new staiA wet.t on the <br />south side o4 the buitding <br />Cleaning o4 the extetr i.o& with &epaih o4 <br />btr i ck and tenha cotta as nece&satcy <br />Repa i& o f ,inter i.on o4 buitding ,inetuding <br />the instaUation of mechawicat and eteetnieal <br />,s yes tems , new et evatotus , toilet 4ac t.it ie's <br />and ketated imps ovements neeetssoAy to <br />p&epoAe the .i.n-tetr io& $o& the .installation <br />o4 tenant imptcovements <br />Complete buitding in phase3 as the ptopetrty <br />.us .teas ed <br />To .insutce the completion o4 the buitding, the <br />South Bend Building Cotcpo&at-ion w<iU p&ovide a <br />$200,000 peA4otrmanee bond. This bond would guoAantee <br />eomptetion o4 the exterr,iotn, mechanical and etecttrical <br />,systems, and the 6i ust out 4tooAz . The p&o jee t is <br />expected to cost $2 to 3 mit ion and ttequ itce 12 to <br />18 months to complete. <br />Mt. Nimtz, I beP.ieve the South Bend Buitd.ing <br />ConpoA Lion is a sttwng otcgan.czation that hays <br />the capacity to s uece ,6 4ulty undetr take this pro j ect. <br />Company pNes.ident, Sam Kalman, is a wetl 4.ina.need <br />San F&anciseo businessman who is the ch.ie4 executive <br />o4 a Steet di�sttibution company. <br />