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~ ~ cZ) <br />Community & Economic Development ~~ ``~'ar~~ <br />1200 County-City Building, 227 West Jefferson, South Bend, Indiana 46601-1830 • Phone 574/235-9371 • Fax 574/235-9021 <br />To: Redevelopment C nun'ssi <br />From: Ann Kolat <br />W <br />Subject: Approval of Confidential Settlement Agreement and Release <br />Date: April 5, ?010 <br />Our enviromiental attorneys have negotiated a Confidential Settlement Agreement and Release with <br />Allstate Insurance Company related to environmental claims made by the Commission concerning <br />the foi-~iler Oliver Plow property. The insurance company is willing to pay the Commission and the <br />City of South Bend an amount that has been approved by our Legal Department to settle this claim. <br />There are remaining claims against other insurers, but this agreement only covers Allstate Insurance <br />Company. I'm asking that you approve this Settlement. <br />Please contact me at ?35-9374 or akolata(~ southbendin.f?ov if you have any duestions. <br />Commission memo -Allstate settlement april 5 ?O1OWhat We Do Today Makes A Difference! <br />