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South Bend Redevelopment Commission <br />Regular Me ting - April 11, 1980 <br />7. PROGRE$S REPORTS (continued) <br />a. Mrs. Kolata continues... <br />We did this under the provisions that <br />were authorized at the last meeting <br />allowing us to take a telephone poll <br />of the Commissioners if time was of the <br />essence '. It was deemed that time was <br />of the essence, therefore, we have entered <br />into two leases. The first one is with <br />Robertson's in the building which formerly <br />housed Business Systems. This was not <br />their first choice of properties. Their <br />first choice was the old Family Bookstore <br />bu the Department does not yet have the <br />deed on the bookstore. Mr. Kevin Butler <br />is presently working on it. So, as an <br />in erim measure and because Robertson's <br />wanted their Garden Shop to open on <br />Ap it lst, we offered to rent them the <br />Business Systems store, which was <br />actually larger than they thought <br />they would need. We have entered into a <br />lease with them for a one month period <br />at a cost of one dollar. We felt it was <br />more important to have the building <br />occupied at a nominal cost than it was <br />to have a higher rental figure. I believe <br />Mr. Butler felt that perhaps the <br />Coirmissioners would want to reaffirm their <br />ap roval of the leases at the meeting <br />We also had approval of another lease <br />with Pence, Dickens and Heeter Co., better <br />known as "PD%P'. They have entered into a <br />lease in the old "Ault Camera Shop" property, <br />and have begun to do some interior work <br />e ecting to open in about two weeks, perhaps <br />the beginning of May. The terms of the <br />lease were the same except that it was a <br />month to month lease, and again, they <br />were charged $1.00. Both of these leases <br />require the tenants to provide insurance <br />naming the Department of Redevelopment <br />as co- insured and to pay all utilities; <br />otherwise it is our standard lease. <br />Mr <br />. Derbeck: Is Pence, Dickens and Heeter <br />pany going to sell office supplies, etc. there? <br />, Ellison: Yes. <br />-22- <br />