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RM 09-03-99
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RM 09-03-99
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South Bend Redevelopment Commission <br />Regular Meeting - September 3, 1999 <br />6. NEW BUSINESS (CONT.) <br />b. continued... <br />Bill Panzica stated that his client is <br />interested in office space. The building <br />will have a lot of glass since its major use <br />will be office use. A service drive will be <br />continue along the back side of the <br />property. After the other adjacent lots are <br />sold and developed, the service drive will <br />be constructed along the back of those <br />buildings as well. The extra 10,000 sf. <br />will allow for some speculative space. <br />The length of Panzica's client's lease will <br />be for 10 years. <br />Mrs. Kolata asked Mr. Panzica what will <br />be the use of the extra 10,000 sf. Mr. <br />Panzica stated that Panzica Associates will <br />possibly occupy some of the extra space. <br />Also, there has been talk of constructing a <br />2,000 sf health club or allowing a small <br />electronics company to occupy some of <br />the space. <br />Mr. Panzica stated that the tenant will be <br />brought before the Commission and that <br />Panzica Associates is aware of the <br />guidelines of the Blackthorn Corporate <br />Park. <br />Upon a motion Mr. Faccenda, seconded by <br />Mr. Donoho and unanimously carried, the <br />Commission approved the Contract for <br />Sale of Land with Crescent Michiana <br />Properties to purchase Parcel 4P in the <br />Blackthorn Corporate Park. <br />G -7- <br />COMMISSION APPROVED THE CONTRACT FOR <br />SALE OF LAND WITH CRESCENT MICHIANA <br />PROPERTIES TO PURCHASE PARCEL 4P IN THE <br />BLACKTHORN CORPORATE PARK <br />
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