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South Bend Redevelopment Commission <br />Regular Meeting - December 3, 1993 <br />6. NEW BUSINESS (Cont.) <br />m. continued... <br />year while he attempted to get financing for <br />the project. This amendment changes the <br />date that he must begin and complete <br />construction of the project to a start date no <br />later than December 31, 1993 with a <br />completion date of December 31, 1994. He <br />now has financing and has sent the lease <br />payment that was due last year as well as the <br />lease payment that was due this year. <br />Upon a motion by Mr. Faccenda, seconded <br />by Mr. Donoho and unanimously carried, the <br />Commission approved the Amendment to <br />Lease with Monroe Park Associates for <br />property in the South Bend Central <br />Development Area. <br />n. Commission approval requested for <br />Resolution No. 1204 =roving �yance <br />of real property in the Airport Economic <br />Development Area. <br />Ms. Manier explained that the Industrial <br />Foundation no longer desired to pay for the <br />maintenance of a retention basin near the <br />intersection of Kenmore and Cleveland roads. <br />They offered to convey it to the Commission <br />and did so in late November. We have <br />determined that, since it is a public works <br />improvement, it would be better for the City <br />of South Bend to own the retention basin than <br />for the Commission to own it. Resolution <br />No. 1204 approves the transfer of the <br />retention basin to the City of South Bend. <br />The Board of Public Works will consider a <br />similar resolution at its meeting on <br />December 6. <br />-15- <br />COMMISSION APPROVED THE AMENDMENT <br />TO LEASE WITH MONROE PARK <br />ASSOCIATES FOR PROPERTY IN THE SOUTH <br />BEND CENTRAL DEVELOPMENT AREA <br />