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<br />South Bend <br />Redevelopment Commission <br />215 S. Dr. Martin Luther King, Jr. Blvd., Room 301, South Bend, Indiana <br /> <br /> <br /> <br />- Renewal Clause: The Bike Garage may opt to renew lease for a 2-year period with 60 days' notice <br />to the RDC prior to termination date <br />- Rent: $550/month starting November 1st, 2026 <br />o Rent will be renegotiated for the renewal period should the Bike Garage choose to exercise <br />this option <br />- Tenant Maintenance Responsibilities: Any door, window, and lighting repairs due to ordinary wear <br />and tears as well as maintenance of the Capital Improvement Project <br />- Capital Improvement Project Shared Cost: The RDC and Bike Garage will research the cost for <br />construction of a new unisex ADA compliant restroom in their leased space, and both agree to <br />share in the cost of this construction if both agree in writing to the overall project cost. <br /> <br />Staff recommends approval. <br /> <br />