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South Bend Redevelopment Commission <br />Regular Meeting - September 6, 1996 <br />6. NEW BUSINESS (Cont.) <br />I. Commission approval requested for use <br />of the Palais Royale Building by <br />Michiana Arts & Sciences Council for <br />the 1997 Carnival for the Arts. <br />Mrs. Kolata asked permission to table <br />item 6.i. There were no objections and <br />item 6.i. was table. <br />j. Commission approval requested for <br />Corporate Undertaking in the Sample - <br />Ewing Development Area. <br />Mrs. Kolata noted that this is related to <br />the Ivy Tech site. This pledges that the <br />staff will continue the Eminent Domain <br />proceedings that have been filed and <br />under which the City has acquired the <br />property. <br />Upon a motion by Mr. Hunt, seconded by <br />Mr. Hojnacki and uanimously carried, the <br />Commission approved the Corporate <br />Undertaking in the Sample -Ewing <br />Development Area. <br />L Commission approval requested for <br />agreement with NIPSCO related to Ivy <br />Tech site in the Sample -Ewing <br />Development Area. <br />Mrs. Kolata noted that the staff has <br />reached an agreement with Ivy Tech that <br />certain costs associated with making the <br />site available for Ivy Tech will be paid <br />from a portion of the purchase price that <br />Ivy Tech is paying for the land in the <br />amount of $575,000. $275,000 of that <br />amount is to put into an escrow fund for <br />-20- <br />ITEM 6.I. WAS TABLED <br />COMMISSION APPROVED THE CORPORATE <br />UNDERTAKING IN THE SAMPLE -EWING <br />DEVELOPMENT AREA <br />