04-25-13 Redevelopment Commission Minutes

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South Bend Redevelopment Commission Regular Meeting —April 25, 2013 6. NEW BUSINESS (CONT.) A. South Bend Central Development Area (1) Resolution No. 3136 regarding the disposition of certain personal property and matters related thereto. (LaSalle Hotel furniture) Mr. Relos noted that in 2010 the Commission approved the removal of excess furniture and a general clean-out of the Hotel LaSalle. This improved the sanitary condition of the hotel, and allows interested parties to see the actual size of the rooms. When the clean-out occurred, certain items were not removed, including miscellaneous dining room style chairs and benches. Because DTSB holds public events in their lobby area, this furniture could be put to active use as seating for those events. DTSB has agreed to accept this furniture. Staff requests approval of Resolution No. 3136. Upon a motion by Mr. Varner, seconded by Mr. Alford and unanimously carried, the Commission approved Resolution No. 3136 regarding the disposition of certain personal property and matters related thereto (LaSalle Hotel furniture) to DTSB. (2) Notice of Intent to exercise Lease Option for 410 W. Monroe (Gates Service Center) Mr. Relos noted that as part of the January 2012 final acquisition of the downtown Gates Campus properties, the Commission assumed the lease for the Gates Service Center located at 410 W. Monroe. The rent for this property is $60,000 per year, or $5,000 per month. The lease is for an initial five year tern, expiring July 31, 2013. The lease grants the Lessee an option for three two year renewals. Gates would like to renew this lease, and has given notice of this intent. Upon a motion by Mr. Alford, seconded by Ms. Schey and unanimously carried, the Commission acknowledged receipt of the Notice of Intent to exercise Lease Option for 410 W. Monroe (Gates Service Center) (3) Notice of Intent to exercise Lease Option for 205 W. Western (Gates Used Car Lot) Mr. Relos noted that as part of the January 2012 final acquisition of the downtown Gates Campus properties, the Commission also assumed the lease for the Gates Used Car Lot at 205 W. Western. The rent for this property is $30,321.60 per year, or $2,526.80 per month. The lease is for an initial five year term, expiring July 31, 2013. This lease grants the Lessee an option for three two year renewals. Gates would like to renew this lease, and has given notice of this intent. Upon a motion by Mr. Alford, seconded by Ms. Schey and unanimously carried, the Commission acknowledged receipt of the Notice of Intent to exercise Lease Option for 205 W. Western (Gates Used Car Lot).