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RM 10-07-94
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RM 10-07-94
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South Bend Redevelopment Commission <br />Regular Meeting - October 7, 1994 <br />6. NEW BUSINESS (Cont.) <br />e. continued... <br />Mr. Sharp made a motion that the <br />Commission accept the proposal from <br />Western and Michigan Partners (Holladay <br />Corp.) for Parcel C9 -1 and C9 -2 in the <br />South Bend Central Development Area. <br />There was no second to the motion and the <br />motion died. <br />Mr. Donoho made a motion to give an <br />option on C9 -1 and C9 -2 to both Western <br />Avenue Partnership and Western and <br />Michigan Partners and make the award to <br />whichever of them was successful in their <br />proposal to the major tenant. <br />Mr. Sharp amended that motion adding the <br />condition that the successful bidder meet the <br />Commission's sales criteria for the property <br />value. Mr. Donoho accepted the <br />amendment to his motion, but indicated that <br />he did not have a problem with both <br />developer's condition that the performance <br />guarantee be refunded if their proposal was <br />not selected by the tenant. <br />Mr. Sharp seconded the motion as amended. <br />Ms. Manier suggested a clarification. She <br />felt it was the Commission's intent that the <br />award be made for the major tenant being <br />held confidential at this time and no other. <br />Mr. Donoho agreed that that was his intent. <br />Mrs. Kolata suggested setting a time limit of <br />April 1, 1995 for this option. <br />-21- <br />MOTION TO ACCEPT THE PROPOSAL FROM <br />WESTERN AND MICHIGAN PARTNERS DIED <br />FOR LACK OF A SECOND <br />
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