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5B6 First Amendment to Lease Agreement (SB Bike Garage) - Signed
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5B6 First Amendment to Lease Agreement (SB Bike Garage) - Signed
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12/12/2024 1:25:01 PM
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South Bend Redevelopment Commission <br />227 West Jefferson Boulevard, Room 1308, South Bend, Indiana <br />Redevelopment Commission Agenda Item <br />DATE : 12/12/2024 <br />FROM: Erin Michaels – Property Development Manager <br />SUBJECT: First Amendment to South Bend Bike Garage <br />Lease <br />Funding Source* (circle) River West; River East; South Side; Douglas Road; West Washington; RDC General; Riv. East Res. <br />* Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller, then the <br />authorization of the expenditure of such funds shall be void and of no effect. <br />PURPOSE OF REQUEST: First Amendment to Lease with South Bend Bike Garage at the Main Wayne Parking <br />Garage <br />SPECIFICS: On October 24, 2024, the RDC approved a Lease with the South Bend Bike Garage to rent a portion of <br />the ground floor of the Main Wayne Parking Garage located at 119 W Wayne St which included access to the <br />basement for storage. <br />Staff now believe that it would be beneficial for the South Bend Bike Garage to have access to the full ground <br />floor retail space and due to the added space basement access is no longer needed. <br />There are no other substantive changes proposed in this amendment. <br />_________________________Pres/V-Pres <br />ATTEST: __________________Secretary <br />Date: ____________________ <br /> APPROVED Not Approved <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />12-12-2024 <br />
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