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RM 09-05-97
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RM 09-05-97
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South Bend Redevelopment Commission <br />Regular Meeting - September 5, 1997 <br />6. NEW BUSINESS (CONT.) <br />o. continued.... <br />Anne Bruneel stated that the Commission's <br />Reversionary Interest is based on the <br />Development Agreement. The Development <br />Agreement is still showing on the title work <br />even though the Certificate of Completion <br />was recorded in January 1997. In an effort <br />to make sure the closing goes forward on <br />Monday, Dennis Reiner requested that the <br />Commission sign the Reversionary Interest <br />document. <br />Upon a motion by Ms. Auburn, seconded by <br />Mr. Donoho and unanimously carried, the <br />Commission approved the Reversionary <br />Interest document for Dennis Reiner. <br />7. PROGRESS REPORTS <br />Ms. Kolata stated that the Center City <br />Associates building issue has been dealt with <br />and the new proposed project will be a good <br />addition to the downtown area. <br />She also stated that the main contract for <br />construction of the Parking Garage is out for bid <br />and bids are due on September 25, 1997. <br />8. NEXT COMMISSION MEETING: <br />The next Regular Meeting of the <br />Redevelopment Commission is scheduled for <br />September 19, 1997 at 10:00 a.m. <br />H:\ HOME\ CPHIPPS \WPDATA \COMMSM090597.MIN -27- <br />COMMISSION APPROVED THE REVERSIONARY <br />INTEREST FOR DENNIS REINER <br />
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