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South Bend Redevelopment Commission <br />Regular Meeting -October 17. ?008 <br />5. OLU BUSINESS <br />There was no Old Business. <br />6. NEIL' BUSINESS <br />A. Housin; <br />(1) Loan and Grant related to the South Bend <br />Home Improvement Program for property <br />located at 241 E. Indiana. (Jessie <br />Brumfield and Joanna ~V'atkins) <br />Mr. Inks noted that the loan is in the amount <br />of S7.300. The ~~rant is in the amount of <br />S 17,000. <br />upon a motion by Ms. King, seconded by <br />Mr. Blake and unanimously carried. the <br />Commission appro~cd the Loan and Gant <br />related to the South Bend Home <br />Improvement Program for property located at <br />?41 E. Indiana. (Jessie Brumfield and Joanna <br />~~ atkins) <br />B. SouTh Bend Central Development Arca <br />(I) Memoraudum of Lease with Kcy S.B., <br />L.L.C. (Key Bank Plaza) <br />Ms. Laurent noted that the Icasc ~~ ith <br />KeyBank tax the plaza ~~~as approved August <br />17. ?008. This Memorandum of Lease <br />summarizes the lease in fewer pages for <br />recording purposes. <br />l,pon a motion by J~Ir. Blake, seconded by <br />Ms. King and unaninu~usly carried. the <br />Commission approved the Memorandum of <br />Lcasc a~~ith Key S.B._ L.LC. (Key Bank <br />Plaza) <br />llieai ~~ as n'o Oi.o I3~si~ESs <br />Co~nussio~ nr'i~rto~~eo~iie Lo~~ ~asoGa.asr <br />iz~ i,~ rri> ro me Sot ~ni 13rs[~ F{o~~r <br />IV1PROA1=A1 e!~l PROGRA~1 POR PROPLRIF <br />i ocn i ro ~~ i '~ I I-. l~oi.~~ a. (Jessie <br />t3iz~ ~~riei_o:~~~ Io:~~~N:~Wn~hi~s) <br />Co~i~nssio~ ~i~rizo~eoiui ~1e~~oiznsui:n~or <br />Lr_,~se cairn lke~~ S.I3., L.L.C. (Ke~~ 13an~h <br />Pi ~z,~l <br />4 <br />