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South Bend Redevelopment Commission <br />Regular Meeting -June 6, 2008 <br />6. NEW BUSINESS (CONT.) <br />B. Airport Economic Development Area <br />(1) continued... <br />thrilled to see such a project that falls within <br />the Commission's budget. <br />(2) Commission approval requested for <br />Development Agreement with St. Joseph <br />Regional Medical CenterBendix Family <br />Physicians. <br />Upon a motion by Dr. Varner, seconded by <br />Mr. Blake and unanimously carried, the <br />Commission approved the Development <br />Agreement with Bendix Family Physicians <br />for a healthcare facility at 1010 Bendix Drive <br />in the Airport Economic Development Area. <br />A. South Bend Central Development Area <br />(1) Commission approval requested for <br />Development Agreement with <br />R.E.L/White Lodging. <br />Ms. Laurent note that items 6.A(1) and <br />6.A(2) are the Development Agreement and <br />Contract for Sale of Land for the property on <br />the northwest corner of St. Joseph Street and <br />Jefferson Boulevard. The agreements are <br />with Jeffcourt, Inc. for the purchase and <br />development of 121 S St Joseph St. <br />Jeffcourt, Inc. is a new corporation formed <br />by the partners of REI Investments and <br />White Lodging, Inc., who submitted a Letter <br />of Intent in 2007 that was approved by the <br />Commission for development of a hotel and <br />parking garage on the site. <br />COMMISSION APPROVED THE DEVELOPMENT <br />AGREEMENT WITH BENDIX FAMILY PHYSICIANS <br />FOR A HEALTHCARE FACILITY AT 1010 BENDIX <br />DRIVE IN THE AIRPORT ECONOMIC <br />DEVELOPMENT AREA <br />7 <br />