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RM 01-16-98
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RM 01-16-98
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South Bend Redevelopment Commission <br />Regular Meeting - January 16, 1998 <br />6. NEW BUSINESS (CONT.) <br />c. continued.... <br />and benchmen to assemble it. <br />Upon a motion by Ms. Schwartz, seconded <br />by Mr. Donoho and unanimously carried, <br />the Commission adopted Resolution <br />No. 1570 approving an application for <br />personal property tax deduction for <br />property located at 1010 Prairie Avenue. <br />(Huckins Tool & Die Company, Inc.) <br />d. Receipt of bids for property located in <br />the Airport Economic Development <br />Area. <br />Mrs. Kolata stated that a bid was <br />advertised for the sale of land at the <br />intersection of the Toll Road and Bypass. <br />As of 10:00 a.m. this morning, no bids <br />were received. <br />e. Commission approval requested for <br />Resolution No. 1571 approving a <br />modification to the lease for Palais <br />Royale/Morris Civic Center project and <br />approving the execution of an <br />addendum to the lease. <br />Randy Rompola of Baker & Daniels stated <br />that this resolution approves an addendum <br />to the lease. In May of 1997, the <br />Redevelopment Commission approved an <br />amended and restated lease for the Palais <br />Royale/Morris Civic Center financing. <br />The lease that was amended then dates <br />back to 1992 when the financing for the <br />purchase of the Palais <br />F:\ HOME \CPHIPPS \WPDATA \COMMSY011698.MIN -8- <br />COMMISSION ADOPTED RESOLUTION NO. 1570 <br />APPROVING AN APPLICATION FOR PERSONAL <br />PROPERTY TAX DEDUCTION FOR PROPERTY <br />LOCATED AT 1010 PRAIRIE AVENUE (HUCKINS <br />TOOL & DIE COMPANY, INC.) <br />
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