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South Bend Redevelopment Commission <br />Regular Meeting - February 7, 1997 <br />6. NEW BUSINESS (Cont.) <br />i. continued.... <br />abstained from voting on this proposal. <br />j. Commission ratification requested for <br />transfer of ownership of leasehold <br />interest in Monroe Park Apartments <br />from Monroe Park Associates, L.P. to <br />NHG Iowa H, a California Limited <br />Partnership and approval of <br />Dominium —Iowa H, LLC as the new <br />Managing General Partner of NHG <br />Iowa H. <br />Mrs. Kolata noted that the Developer of <br />Monroe Park Apartments, which was <br />Monroe Park Associates, has transferred <br />their interest in the project to NHG Iowa <br />II, a partnership affiliated with <br />Nationwide Housing Group. Subsequent <br />to that transfer, Nationwide Housing <br />Group has transferred the Managing <br />General Partner to a group associated <br />with Dominium Management. <br />She noted that Dominium, the new <br />Managing General Partner, has written a <br />letter committing to complete certain <br />improvements at Monroe Park <br />Apartments when the weather is more <br />appropriate. These improvements include <br />(1) five parking lot islands with two trees <br />per island; (2) 220 feet of curb along <br />Fellows and Monroe; (3) replacement of <br />sidewalk on west side of Fellows Street; <br />(4) removal of rocks in the planting areas <br />and replacement with bark or wood chips; <br />and (5) play equipment. <br />H:\ HOME\ CPHIPPS \WPDATA \COMMSN\020797.MIN -11- <br />