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South Bend Redevelopment Commission <br /> Regular Meeting—February 27, 2014 <br /> 6. NEW BUSINESS (CONT.) <br /> B. South Bend Central Development Area <br /> (1) Operation,Maintenance and Easement Agreement Estoppel related to Jenna Hotel <br /> (Doubletree Hotel) <br /> Mr. Nussbaum explained items 6.B.(1) and 6.B.(2)together. The Operation,Maintenance, <br /> and Easement Agreement Estoppel is related to the parking garage; and the Construction, <br /> Easement, Restriction and Operating Agreement Estoppel is related to the walkway <br /> connecting the Doubletree Hotel to the Century Center. <br /> Mr.Nussbaum noted that when this property has a change of ownership or has a refinancing, <br /> these estoppels are a representation that to the Commission's knowledge, neither of the <br /> agreements mentioned above are in default. The major improvements at the downtown <br /> Doubletree have been completed, so the property is being refinanced. In support of that . <br /> refinancing, the Commission is being asked by the lender to sign the two estoppels. Neither <br /> agreement has a financial impact on the Commission,nor are any terms changed. <br /> The Commission is a party to these estoppels because it is the owner of the parking garage, <br /> though it has no maintenance or operational responsibilities. Because the Commission was <br /> the ground lessor at the time of the walkway agreement(1987),we remain a party to the <br /> agreement and therefore need to sign the Estoppel. <br /> Upon a motion by Mr. Varner, seconded by Mr. Downes and unanimously carried,the <br /> Commission approved the Operation, Maintenance and Easement Agreement Estoppel <br /> related to Jenna Hotel (Doubletree Hotel) <br /> (2) Construction,Easement, Restriction and Operating Agreement Estoppel related to <br /> Jenna Hotel (Doubletree Hotel) <br /> Upon a motion by Mr. Varner, seconded by Mr. Downes and unanimously carried, the <br /> Commission approved the Construction, Easement,Restriction and Operating Agreement <br /> Estoppel related to Jenna Hotel(Doubletree Hotel) <br /> (3) Resolution No. 3208 approving and authorizing the execution of an Addendum to the <br /> Master Agency Agreement(Wayne Street Parking Garage Facade) <br /> Mr. Relos noted that Resolution No. 3208 authorizes an Addendum to the Master Agency <br /> Agreement with the Board of Public Works, allowing the BPW to contract with Alliance <br /> Architecture to provide engineering, design,bid specifications and construction oversight <br /> for the Wayne Street parking garage, located at the northwest corner of St. Joseph and <br /> Wayne. This garage has a history of its brick veneer delaminating and falling to the ground. <br /> Over the years the loose brick has been removed,but each year what was once securely <br /> attached becomes loose. This proposal should resolve this issue permanently. <br /> 5 <br />