HomeMy WebLinkAbout5A2 Lease Michiana Brewers Supply Memo 6.13.20164$OUT$8
�0 °` Department of
PIFA
a Community Investment
1865
Memorandum
Friday, June 10, 2016
TO: Redevelopment Commission
FROM: Aaron Kobb /`C
SUBJECT: First Amendment to Lease - Michiana Brewer's Supply
Item: S A2
Staff is requesting approval of the First Amendment to Lease for Michiana Brewer's Supply
located at 117 S. Michigan. This first amendment adjusts the monthly base rent from
$1339 /month to $700 /month beginning on June 1, 2016. The new rate will be effective
through May 31, 2017 when the lease expires. In addition, the lease expiration date is
changed from November 2017 to May 31, 2017. The tenant will have no option to extend
the lease at the new terms upon expiration.
227 W. JEFFERSON BLVD. SOUTH BEND, IN 46601 1 P: 574 - 235 -9371 1 FAX: 574 - 235 -9021 1 SOUTHBENDIN.GOV