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HomeMy WebLinkAboutAM 03-26-99SOUTH BEND REDEVELOPMENT COMMISSION SPECIAL MEETING March 26, 1999 10:00 a.m. Presiding: Robert W. Hunt, President 1. ROLL CALL 1200 County -City Building 227 West Jefferson Boulevard South Bend, Indiana Members Present: Mr. Robert W. Hunt, President Mr. Michael Donoho, Vice - President Mr. Philip J. Faccenda Members Absent: Ms. Eugenia Schwartz, Secretary Mr. Hardie Blake Legal Counsel: Mr. Brian Steinke Redevelopment Staff: Mrs. Ann E. Kolata, Director Mrs. Jenny Hullinger, Recording Secretary Mr. Michael Giulioni, Economic Development Specialist 2. APPROVAL OF CLAIMS Redevelopment Commission Claims submitted March 26, 1999 for approval. 212 CDBG COMMUNITY DEVELOPMENT CB Richard Ellis /Sturges Bradley CB Richard Ellis /Sturges Bradley CB Richard Ellis /Sturges Bradley Century Center Board of Managers South Bend Marriott FedEx Petty Cash Liability insurance (226) 324 FUND Lawson - Fisher Associates P.C. 414 SAMPLE -EWING FUND Petty Cash South Bend Water Works HAWPDATA \C0MMSN\032699.MIN -I- $963.30 $1,200.00 $1 ,542.87 $88.00 $346.93 $18.00 $24.32 $422.00 $3,400.00 $21.00 $20.00 South Bend Redevelopment Commission Special Meeting - March 26, 1999 2. APPROVAL OF CLAIMS (CONT.) 420 SBCDA GENERAL ACCOUNT CB Richard Ellis /Sturges Bradley NIPSCO American Electric Power CB Richard Ellis /Sturges Bradley Rose Exterminator Co. Upon a motion by Mr. Faccenda, seconded by Mr. Donoho and unanimously carried, the Commission approved the Claims submitted March 26, 1999, and ordered the checks to be released. 3. OLD BUSINESS a. Commission approval requested for Lease and Addendum with Da -Lin, AWK Inc.'s (d.b.a Quizno's Classic Subs) for property in the South Bend Central Development Area. Mrs. Kolata stated that both the Lease and Addendum have been modified to meet Da -Lin, Inc.'s (the franchisee) and the Quizno Corporation's requirements. The Quizno Corporation is not a party to the Agreement; however, Da -Lin, Inc. (the franchisee) needed Quizno's approval before it could sign the Lease. The term of the Lease is 7 years with two four -year renewal options. The rent is $10.50 a sf and will increase to $12.00 a sf in the second option period. Some of the major provisions in the Addendum include: (1) Da -Lin, Inc. will have an exclusive right for a delicatessen and "sub" type sandwich shop. HAWPDATMCOMMSM032699.MIN -2- $4,281.13 $286.99 $566.82 $835.83 $42.00 COMMISSION APPROVED THE CLAIMS SUBMITTED MARCH 26, 1999, AND ORDERED THE CHECKS TO BE RELEASED South Bend Redevelopment Commission Special Meeting - March 26, 1999 3. OLD BUSINESS (CONT.) a. continued.... The City agrees not to lease any more delicatessen or "sub" type shop spaces in Leighton Plaza's retail space; (2) Quizno's can assign the Agreement to another Quizno's franchisee, subject to the franchisee meeting certain conditions and the Commission receiving written notice of the Assignment and written proof and assurance from Quizno's that these conditions have been met. Quizno's also wants an absolute limit on how much all other costs (beyond rent) would be in the first year. The Commission agrees that the total of all rental payments and any and all other sums, excluding the monthly rent, will not exceed $1.50 per sf during the first calendar year of the Lease. Mrs. Aladean DeRose, City Attorney, drafted the Lease and worked with the tenant on revisions. Also, Brad Toothaker, CB Richard Ellis /Sturges Bradley, reviewed the Lease and Addendum as well. Dave Risner of Da- Lin, Inc. signed the Lease and Addendum. The staff recommends accepting the Lease and Addendum from Da -Lin, Inc. (d.b.a. Quizno's Classic Subs). Quizno's Classic Subs anticipates opening its facility in May 1999. HAWPDATATOMMSM032699.MIN -3- South Bend Redevelopment Commission Special Meeting - March 26, 1999 3. OLD BUSINESS (CONT.) a. continued.... Upon a motion by Mr. Faccenda, seconded by Mr. Donoho and unanimously carried, the Commission approved the Lease and Addendum with Da -Lin, Inc.'s (d.b.a Quizno's Classic Subs) for property in the South Bend Central Development Area. 4. NEW BUSINESS Mrs. Kolata asked that items 4.a. and 4.b. be tabled. There was no objection and items 4.a. and 4.b. were tabled. 5. NEXT COMMISSION MEETING: The next Regular Meeting of the Redevelopment Commission has been rescheduled to April 9, 1999, at 10:00 a.m. 6. ADJOURNMENT There being no further business to come before the Redevelopment Commission, Mr. Donoho made a motion that the meeting be adjourned. Mr. Faccenda seconded the motio a meeting was adjourned at 1.1 m. Robert W. Hunt, President COMMISSION APPROVED THE LEASE AND ADDENDUM WITH DA -LIN, INC. (D.B.A QUIZNO'S CLASSIC SUBS) FOR PROPERTY IN THE SOUTH BEND CENTRAL DEVELOPMENT AREA ITEMS 4.A. AND 4.13. WERE TABLED ADJOURNMENT Ann E. Kolata, Director HAWPDATATOMMSM032699MN -4-