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RM 04-15-88
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RM 04-15-88
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South Bend RE <br />Rescheduled ] <br />6. NEW BUSI] <br />d. Cont: <br />lopment Commission <br />ar Meeting - April 15, 1988 <br />(Cont.) <br />the windows and replacing it with green <br />marb e. There will be bronze glass in <br />first floor windows. The interior will <br />be restructured to create a lobby <br />entrimce on the Michigan Street side as <br />well as the Jefferson Street side. Mr. <br />Barris explained that although the <br />immediate effect will not be to create <br />new jobs, as tenancy increases, they <br />expect to hire a secretary and an <br />additional maintenance person. <br />To entice new tenants to the South Bend <br />area and to their building, Mr. Barris <br />indicated that they plan to offer from <br />six months to one year of free rent for a <br />five year lease. <br />Mrs. Kolata indicated that this project <br />was pproved by the Design Review <br />Co ttee a month ago. <br />Upon a motion by Ms. Auburn, seconded by <br />Mr. Diasecki and unanimously carried, the <br />ConmLssion approved Resolution No. 838 <br />approving an application for real <br />pro rty tax abatement consideration for <br />SO4 Bend Associates Limited <br />Part ership. <br />e. Co ssion approval requested for <br />Resolution No. 839 a Resolution of the <br />Sout1i Bend Redevelopment Commisiion <br />approving a proposed lease between the <br />South Bend Redevelopment Authority and <br />the outh Bend Redevelopment Commission <br />Facility, setting a public hearing on the <br />proposed lease pursuant to I.C. <br />36-74-14-25.2. and authorizing publication <br />of Notice of <br />Hearing. <br />Mrs. Kolata explained that this is the <br />Co ssion's first step in the financing <br />mechimism for the proposed parking garage <br />at the corner of Wayne and St. <br />�L <br />COMMISSION APPROVED RESOLUTION NO. <br />838 APPROVING AN APPLICATION FOR <br />REAL PROPERTY TAX ABATEMENT CON- <br />SIDERATION FOR SOUTH BEND LIMITED <br />PARTNERSHIP <br />
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