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South D <br />Regular <br />6. NEW <br />e. <br />f. <br />R <br />nd Redevelopment Commission <br />Meeting - October 24, 1986 <br />BUSINESS (Cont.) <br />Continued... <br />Commission approval requested for License to <br />Perform Construction related to the skywalk. <br />Ms. Schwartz explained that the purpose here <br />is to be on record as approving the <br />construction on Commission owned property. <br />Upon a motion by Mr. Donoho, seconded by Mr. <br />Piasecki and unanimously carried, the <br />Commission approved the License to Perform <br />Construction related to the skywalk. <br />Commission authorization requested for the <br />President and Secretary of the Commission to <br />execute the necessary documents to bring about <br />e termination of the development agreement <br />with CLF Corporation and the reconveyance of <br />e property to the Commission under the terms <br />f our letter of October 21, 1986, as amended <br />oy Mr. Champlin. <br />s directed by the President of the <br />ommission, the staff has been working with <br />Champlin, President of CLF Corporation, to <br />discuss the reconveyance of two parcels of <br />and that he purchased. Mr. Hunt explained <br />that the Commission approached Mr. Champlin <br />oncerning the reconveyance. The original <br />agreement was that Mr. Champlin had five years <br />to bring in non - downtown businesses to fill <br />50 of the building. The situation has <br />hanged since the agreement was entered into <br />nd we are now ina position to buy back the <br />roperty. <br />pon a motion by Ms. Auburn, seconded by Mr. <br />ombs and unanimously carried, the Commission <br />uthorized the President and Secretary of the <br />ommission to execute the necessary documents <br />o bring about the termination of the <br />evelopment agreement with CLF Corporation and <br />he reconveyance of the property to the <br />ommission under the terms of our letter of <br />tober 21, 1986, as amended by Mr. Champlin. <br />-7- <br />COMMISSION APPROVED THE LICENSE <br />TO PERFORM CONSTRUCTION RE- <br />LATED TO THE SKYWALK <br />COMMISSION AUTHORIZED EXECUTION <br />OF THE NECESSARY DOCUMENTS TO <br />BRING ABOUT THE TERMINATION OF <br />THE DEVELOPMENT AGREEMENT WITH <br />CLF CORPORATION AND THE RE- <br />CONVEYANCE OF THE PROPERTY UNDER <br />THE TERMS OF OUR LETTER OF <br />OCTOBER 21, 1986, AS AMENDED BY <br />MR. CHAMPLIN <br />