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South Bend Redevelopment Commission <br />Regular Meeting - October 20, 2000 <br />6. NEW BUSINESS (CONT.) <br />u. continued... <br />Mr. Mariani noted that the Board of Public <br />Works will be selling the properties to American <br />Home Dreams for the sum of $1.00 as part of the <br />agreement. <br />Mr. Hunt noted for the record that Mr. Jon Hunt <br />serves on the Board of American Home Dreams. <br />Upon a motion by Ms. Jones, seconded by <br />Mr. Caldwell and unanimously carried, the <br />Commission approved Resolution No. 1802 <br />approving the transfer of real property to the City <br />of South Bend, Indiana. <br />v. Receipt of Bids for the Palais Royale Retail <br />Space. <br />Mr. Giulioni reported that today was the deadline <br />for bids for the Palais Royale retail space and as <br />of today, no bids have been received. He noted <br />that if anyone submits a bid within the next 30 <br />days to lease the property as it was offered, it <br />will be considered. Thereafter, the staff may <br />negotiate the terms directly with anyone <br />interested in the property. <br />There was no Commission action required. <br />w. Commission approval requested for a thirty <br />(30) day Lease Extension. ( Billie's Catering) <br />Ms. Greene explained that she had received a fax <br />from Billie's Catering, asking to withdraw her <br />notice of termination of her lease. She stated that <br />the lease expires on October 31, 2000 and the <br />letter asked the Commission to extend the lease <br />for thirty (30) days to allow the leasee to enter <br />into a discussion with a potential purchaser for <br />-17- <br />COMMISSION APPROVED RESOLUTION NO. <br />1802 APPROVING THE TRANSFER OF REAL <br />PROPERTY TO THE CITY OF SOUTH BEND, <br />INDIANA <br />THERE WAS NO COMMISSION ACTION <br />REQUIRED <br />