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South Bend Redevelopment Commission <br />Regular Meeting -October 17, ?005 <br />6. NEB' BCSI~ESS (CONT.) <br />C. Airport Gcouomic Development Area <br />(~) continued... <br />on behalf of the Ralcrclopment Commission <br />for certain engineering shidies to be done in <br />the MIND area. There is due diligence that <br />needs to he done as we more to this type of <br />development. <br />Upon a motion by Ms. King, seconded by <br />'Vlr. E31akc and wtaninuxisly can~ied, the <br />Commission appro~~cd Resolution No. ?5IR <br />approving and authorizing the execution of <br />an Agency Agreement by and bch~~ccn the <br />South Bend Redevelopment Commission and <br />the City of South Bend. Indiana, Board of <br />Public Works relating to the MIND project. <br />B. South Bend Central Uevclopmcut Area <br />(2) Resolution No. 2514 approving and <br />authorizing the execution of an Agenep <br />Agreement B~~ and Beriveen the South <br />Bcud Redevelopment Commission and the <br />Cite of South Bend, Indiana, Board of <br />Public ~'`~orks relating the Management of <br />Parking Garages. <br />Ylr. Inks noted that the Commission has <br />ca~tain property management responsibilities <br />in the do~a~nto~~~n, including on-street parking. <br />parking garages, retail space. etc. It has been <br />a long time since the Commission has gone <br />out for proposals for management of the <br />parking garages and management of the retail <br />space. ]n addition, management of the retail <br />is time intensive and does not have the return <br />on im~estment that other development does. <br />We arc looking at a Master Lcasc of the retail <br />Co~inussion~ ar~aove~ Ri soi_~ nog No. 3~ 1 S <br />ANPROA IAC. 3~D AITHOR191SCi THE ETECC"rlOA <br />or n~ ~cr~cv Ac~Kee~~rn~r uv n~i> r~t_r~~~ r_~ <br />rur soi ni Be~i> Reorrr_i <»rir~ i <br />Co~~~unssio~~:~~~i~rin Cir~~orSor~iil3r~n_ <br />I~~uiaN,~. I3onKO or Prauc Woiei.s iz~r,~ri~c <br />ro ri u- ~~[ND eizo~[.c~ <br />14 <br />