1998-07-13 Redevelopment Authority Minutes

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i • in order to install electrical lines for the new Holy Cross Corporate offices, as well as for any future development. The easement runs south from Nimtz Parkway, along Mayflower and is in the set-back area from the right-of-way. Ms. Pfotenhauer asked if the easement went under anything that would cause a problem. Mr. Rock stated the right-of--way is in the landscaping area where there would be no problems. Upon a motion by Mr. Alvarez, seconded by Mr. Kahn, and unanimously carried, the Authority approved the AEP request for easement in Blackthorn Corporate Park. b. Authority approval requested for Seventh Addendum to Amended and Restated Lease between the South Bend Redevelopment Authority and the South Bend Redevelopment Commission. Mrs. Kolata stated that the Redevelopment Authority issued bonds several years ago to buy land in the Blackthorn Corporate Park area. The Redevelopment Commission leases the land from the Redevelopment Authority, and as the land is sold, a portion of the .bonds is defeased. This addendum would release the land which was purchased by Holy Cross, as well as the optioned two acres, from the terms of the bond lease... Mr. Alvarez asked what would happen if Holy .Cross chose not to purchase the additional two acres. Mrs. Kolata stated that when the bonds .are paid off, any land remaining unsold will be owned by the Redevelopment Commission. • Upon a motion by Mr. Kahn, seconded by Mr. Alvarez, and unanimously carried, the Authority approved the Seventh Addendum to Amended and Restated Lease between the South Bend Redevelopment Authority and South Bend .Redevelopment Commission dated as of October 1, 1990. c. Authority approval requested for Grant of Non-Buildable Perpetual Easement. The South Bend Chocolate Factory,is leasing and rehabilitating the former CCA building from the Redevelopment Commission. The building was built to the lot line and requires a 20' setback in order to be able to have windows and entrance doors put on the north side of the building. This action will create the 20 foot setback and ensure that nothing will be built in the 20' area on the north side of the CCA building. A sidewalk will be built next to the building, and South Bend Chocolate Factory may also put outside seating and landscaping. in this area. The curb cut on Michigan Street into the Hall of Fame parking lot, will be removed, eliminating one exit for the Hall of Fame parking lot. The Hall of Fame parking lot may also loose a couple of parking spaces, but the Hall of Fame is in support of the project. Upon a motion by Mr. Alvarez, seconded by Mr. Kahn and unanimously carried, the Authority approved the request for non-buildable perpetual easement. • H:\WPDATA\AUTHORTY\071398.bIIN