03-28-13 Redevelopment Commission Minutes

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South Bend Redevelopment Commission Regular Meeting —March 28, 2013 6. NEW BUSINESS C. Airport Economic Development Area (4) continued... Ms. Schey asked where that money will go. Will it be earmarked specifically for the Bosch plan or for other projects around the city? Mr. Inks responded that the decision about where the money will go has not been decided yet. These documents just guarantee that the City of South Bend will receive the funds, but they do not specify where the funds will go. Mr. Varner asked whether all the land that was purchased and the improvements that were made to create the campus, including the rerouting of Bendix Ave., were made at the expense of the City of South Bend. Mr. Inks responded that it was. Mr. Varner asked if the city released Bosch from property tax obligations. Mr. Inks responded no, that Bosch was paying property taxes. Upon a motion by Mr. Downes, seconded by Mr. Varner and unanimously carried, the Commission approved the Lease Termination Agreement with Robert Bosch Corporation for 401 N. Bendix. (5) Environmental Indemnity Agreement with Robert Bosch Corporation for 401 N. Bendix. Upon a motion by Mr. Downes, seconded by Mr. Varner and unanimously carried, the Commission approved the Environmental Indemnity Agreement with Robert Bosch Corporation for 401 N. Bendix Upon a motion by Mr. Downes, seconded by Mr. Varner and unanimously carried, the Commission approved the Consent to Addition of Party to the Environmental Indemnity Agreement with Robert Bosch Corporation for 401 N. Bendix. D. West Washington - Chapin Development Area (1) Resolution No. 3130 approving and authorizing the execution of an Addendum to the master Agency Agreement (913 Napier Demo Project) Upon a motion by Mr. Downes, seconded by Ms. Schey and unanimously carried, the Commission tabled Item 6.D.1. indefinitely. E. South Side Development Area There was no business in the South Side Development Area.