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HomeMy WebLinkAbout6A(3)A(-3) To: Redevelopment Commission From: Staff — Debrah Jennings, Property Manage Subject: Notice of Renewal of Agreement Date: May 10, 2011 According to the agreement for management of the Redevelopment Retail properties, after the initial term, the owner must provide CB Richard Ellis Bradley a one year Letter of Renewal. The (1) one year renewal beginning February 1, 2011 and ending January 31, 2011 is subject to the same terms as the initial agreement. Staff recommends approval HAWPDATA \correct memo.doc U NOTICE OF RENEWAL OF AGREEMENT DATE: May 10, 2011 TO: ROBERT BRADLEY ASSOCIATES, LLC d/b /a CB RICHARD ELLIS BRADLEY 202 S. Michigan Street, Suite 200 South Bend, Indiana 46601 FROM: CITY OF SOUTH BEND REDEVELOPMENT COMMISSION 227 W. Jefferson Blvd., Suite 1200 South Bend, Indiana 46601 Notice is hereby given by the City of South Bend Redevelopment Commission (the "Owner ") to Robert Bradley Associates, LLC, d /b /a CB Richard Ellis Bradley, that the Owner does, pursuant to that certain COMMERCIAL PROPERTY MANAGEMENT AND LEASING AGREEMENT (the "Agreement "), made on the 1St day of February, 2009, elect to renew the Agreement for a period of one year, beginning on the 1St day of February, 2011, and ending on the 31St day of January, 2012 (the "Renewal Period "). All other terms and conditions of the Agreement shall remain in full force and effect through the end of the Renewal Period. CITY OF SOUTH BEND, DEPARTMENT OF REDEVELOPMENT Signature Printed Name and Title South Bend Redevelopment Commission ATTEST: Signature Printed Name and Title South Bend Redevelopment Commission