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Am South Bend Redevelopment Commission <br />Regular Meeting - June 16, 1995 <br />6. NEW BUSINESS (Cont.) <br />o. continued... <br />Ms. Kolata noted that this is the <br />agreement between the parties to move <br />the power line. <br />Upon a motion by Mr. Hojnacki, <br />seconded by Mr. Hunt and unanimously <br />carried, the Commission approved the <br />Agreement between the South Bend <br />Department of Redevelopment, the City <br />of South Bend, Indiana, and Indiana <br />Michigan Power Company. <br />P. Commission acceptance of assignment <br />of billboard lease from St. Joseph <br />County Airport Authority. <br />Ms. Kolata explained that the land that <br />Midwest Land Company is purchasing is <br />subject to a lease between the Airport <br />Authority and Burkhart Advertising for <br />the location of a billboard. The Airport <br />Authority took action on June 8 to assign <br />all its rights in the lease to the <br />Commission. Under this item, the <br />Commission accepts the assignment of <br />lease. <br />Upon a motion by Mr. Hojnacki, <br />seconded by Ms. Auburn and <br />unanimously carried, the Commission <br />accepted the assignment of billboard <br />lease from St. Joseph County Airport <br />Authority. <br />-17- <br />COMMISSION APPROVED THE AGREEMENT <br />BETWEEN THE SOUTH BEND DEPARTMENT <br />OF REDEVELOPMENT, THE CITY OF SOUTH <br />BEND, INDIANA, AND INDIANA MICHIGAN <br />POWER COMPANY <br />COMMISSION ACCEPTED THE ASSIGNMENT <br />OF BILLBOARD LEASE FROM ST. JOSEPH <br />COUNTY AIRPORT AUTHORITY <br />