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South Bend Redevelopment Commission <br />Regular Meeting — November 8, 2012 <br />6. NEW BUSINESS <br />C. South Bend Central Development Area <br />(7) continued... <br />$200,000 will cover the cost of all the work planned. The new entry will provide nice, <br />increased efficiencies and universal accessibility. <br />Upon a motion by Mr. Downes, seconded by Mr. Varner and unanimously carried, the <br />Commission approved the request for up to $50,000 in improvements from SBCDA TIF <br />funds to upgrade the West Entry of Century Center. <br />(8) Notice of Renewal of Agreement with Robert Bradley Associates, LLC d /b /a CB <br />Richard Ellis Bradley. <br />Ms. Jennings noted that this is the annual renewal of contract with CB Richard Ellis for <br />managing the Redevelopment Retail. In spite of the difficult economy, with the lease to <br />Edible Arrangements in the Michigan Street Shops, the Michigan Street Shops is 100% <br />occupied. The terms remain the same. Staff recommends renewing this Agreement. <br />Upon a motion by Mr. Downes, seconded by Mr. Varner and unanimously carried, the <br />Commission approved the Notice of Renewal of Agreement with Robert Bradley Associates, <br />LLC d/b /a CB Richard Ellis Bradley \ <br />D. Airport Economic Development Area <br />(1) Agreement for Sale of Land for Private Development with MMVance, LLC for <br />northwest corner of Indiana & Kemble (Phoenix Engineering) <br />Mr. Relos noted that on October 25, 2012, the Commission approved a professional services <br />agreement with Danch Harper to rezone, replat, and vacate excess right of way, pending a <br />Contract for Sale with Phoenix Engineering (Phoenix), who would like to acquire the two <br />Commission -owned lots to their north and west. Phoenix Engineering is currently <br />grandfathered under a Mixed Use zoning classification. The addition will require them to be <br />brought up to current, Light Industrial, zoning standards. <br />Phoenix would like to proceed with the Contract for Sale, which has the following highlights: <br />$2,000 sales price ($1,000 per lot) <br />No tax abatements sought for any part of the development <br />Items precedent to closing include: <br />♦ Proof of financing <br />♦ Commission approval of the final site plan and development specifications <br />