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South Bend I Redevelopment Cm- (mission <br />Regular Meoting - August 26, 1988 <br />6. NEW WAINESS (Cont.) <br />1107 <br />i. <br />r. i2b <br />wil h three one-year options to <br />They have notified us that <br />they wish to extend the Lease from <br />Seltember 11, 1988 through September <br />9, 1989. This is the second one year <br />Upon a motion by Mr. Donoho, seconded <br />by Mr. Combs and unanimously carried, <br />the Commission approved the extension <br />of Lease with Osco Drug, Inc. under <br />tho terms previously negotiated. <br />Kolata explained that these are <br />unity Development Block Grant <br />ars to be spent between May 7, <br />and December 31, 1988. The <br />gories for which they have been <br />aside include public works, <br />scaping, acquisition and <br />bin;. Kolata explained that money will <br />be used for work related to an updated <br />plan currently being prepared by the <br />staff for the residential area of <br />Mo Park. <br />n a motion by Mr. Piasecki, <br />onded by Mr. Combs and unanimously <br />ried, the Commission approved <br />munity Development Program <br />tract, CD88 -609, in the amount of <br />,010 for Monroe Park Development <br />ivity. <br />-11- <br />COMMISSION APPROVED THE EXTENSION <br />OF LEASE WITH OSCO DRUG, INC. <br />CWMISSION APPROVED CONMUNITY <br />1 11 • ` E PROGPM C• <br />M88-609 IN E AMOUNT OF 4: 1 / <br />FOR MONROE PARK DEVEMPNENT <br />ACITVITY <br />