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South Bend <br />Regular Me <br />6. NEW BU <br />f. Co <br />a <br />elopment Commission <br />- October 26, 1990 <br />(Cont.) <br />iss ie. Mr. Pendl said he wants no road <br />thr)ugh his property just to take it all <br />if you are going to take it. This is for <br />tot Ll acquisition. Nothing is being done <br />sou of the airport. <br />Ms. Kolata stated that the appraisers <br />want to get started now that the weather <br />is still nice because it is quite <br />beautiful out there now. <br />Upon a motion made by Mr. Combs, seconded <br />by Mr. Donoho and unanimously carried, <br />the Commission approved the proposals <br />submitted by McCloskey & Associates, Tom <br />Horka, Jerry Michaels and Ralph Lauver <br />for appraisals in the Airport Econa is <br />Dev lolpment Area. <br />Ms. Kolata stated that Catering by Billie <br />is a tenant in our retail space in the <br />parldng garage at Wayne and St. Joseph. <br />She has gone to lst Source Bank for a <br />loan related to some equipment she has <br />put into the building, and 1st Source <br />has asked that we approve an <br />ass grmnent of the lease. Ms. Jenny Pitts <br />'er had suggested that it's <br />appropriate that we sign it. <br />Ms. Kolata said that it's basically <br />subordinating our lease to their loan for <br />the eauini ent. <br />a motion made by Mr. Donoho, <br />ded by Mr. Combs and unanimously <br />ed, the Commission approved the <br />rm ent of the lease with Catering by <br />e, Inc. <br />-40- <br />CCRAISSION APPROVED THE POSI <br />= BY MC CLOSKEY <br />ASSOCIATES, • • . C JERRY <br />MICBAELS AND RALPH APPRAISALS i AIRPORT <br />COMMISSION APPROVED THE <br />ASSIGNMENT OF LEASE FOR CATERING <br />BY BILT , INC. <br />