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RM 04-25-80
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RM 04-25-80
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11/5/2012 4:19:52 PM
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South Bead Redevelopment Commission <br />Regular Weting - April 255, 1980 <br />4. COnMICATIONS <br />a. (continued... <br />[r. Ellison: Essentially the same kind <br />f treatment. That is, the brick would <br />e cleaned, repaired, and tuck pointed. <br />n the first level on the back of the <br />uilding on the inside of the ''V' there is <br />one story roof which will be removed. <br />he back wall would be moved out a distance <br />o allow primary egress and ingress from <br />hat side. It could be enclosed at either <br />he second level or extend the height of the <br />ntire building, so that it has an atrium <br />ype of appearance. The building would <br />ssentially remain as it is except that <br />t would appear more like the rendering <br />here with the brick cleaned, repaired, <br />nd new windows installed. <br />s. Auburn: Then other specifications would <br />e written into the legal documents that are <br />n agreement with Mr. Kalman, I assume? <br />1. Ellison: That is correct. This <br />reement would be no different than any <br />her. That is, that if within the next <br />.irty days we are at the point of <br />.ecution of a redeveloper's agreement, and <br />at agreement requires all the various <br />.ings we are talking about save for the <br />ditional security we are seeking in this <br />stance which is not only $200,000, but the <br />pacity to obtain $200,000 if the project <br />ils and use it as we please. Plans <br />d specifications are required as a part <br />the execution of that agreement. If <br />uth Bend Building Corporation might <br />sh to make adjustments in the plan, they <br />uld be subject to Commission approval. <br />think our routine documents cause us <br />execute the deals in which there <br />ists irrevocable commitments. I don't <br />ink in this situation we will be <br />protected. <br />M <br />
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