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South Bend Redevelopment Commission <br />Regular Meeting -May 2, 2008 <br />6. NEW BUSINESS (CONT.) <br />G. Northeast Neighborhood Development Area <br />(1) continued... <br />a bid process to dispose of the easement. <br />Dr. Varner asked who owns the land at this <br />time. Mr. Inks responded that parts of it are <br />owned by the University of Notre Dame, <br />parts by Kite. The transaction to convey <br />university land to Kite is expected to take <br />place within a week. The easements that <br />Kite is granting would not become effective <br />until they own the property. <br />Mr. Inks noted that the legal description for <br />the easement is not yet available, so the <br />Commission would authorize execution of <br />the final document. <br />Upon a motion by Mr. Downes, seconded by <br />Mr. Blake and unanimously carried, the <br />Commission approved the form of <br />Improvement Easement Agreement in the <br />Northeast Neighborhood Development Area <br />and authorized Commissioners to execute the <br />agreement subject to final review and <br />approval by legal counsel. (Eddy Street <br />Commons site) <br />H. Douglas Road Economic Development Area <br />There was no business in the Douglas Road <br />Economic Development Area. <br />COMMISSION APPROVED THE FORM OF <br />IMPROVEMENT EASEMENT AGREEMENT IN THE <br />NORTHEAST NEIGHBORHOOD DEVELOPMENT <br />AREA AND AUTHORIZED COMMISSIONERS TO <br />EXECUTE THE AGREEMENT SUBJECT TO FINAL <br />REVIEW AND APPROVAL BY LEGAL COUNSEL. <br />(EDDY STREET COMMONS SITE <br />16 <br />