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� J <br /> ypUT$ <br /> 4 <br /> Department of <br /> Community Investment <br /> 1865 <br /> Memorandum <br /> Thursday, December 18, 2014 <br /> TO: City of South Bend Redevelopment Co sion <br /> FROM: Debrah Jennings, Economic Resourc s <br /> SUBJECT: First Amendment to Lease <br /> Please find attached the First Amendment to Lease between the South Bend Redevelopment <br /> Commission and Vesuvio's Pizza. Attachment A to the First Amendment is a Memorandum of Lease <br /> for recordation purposes. <br /> Vesuvio's Pizza is requesting to continue their business located at 117 East Wayne Street for an <br /> additional three (3) years. Visuvio's Pizza commencement date initially began August 25, 2011 and <br /> shall end on August 24, 2017. The following is the continued rent structure. <br /> • Year 4 annual Base Rent: $24,000.00 <br /> • Year 5 annual Base Rend: $27,000.00 <br /> • Year 6 annual Base Rent: $30,000.00 <br />`i Vesuvio's Pizza is current with their rent. Therefore, staff recommends approval. <br /> 227 W.JEFFERSON BLVD. SOUTH BEND, IN 46601 P: 574-235-9371 FAX: 574-235-9021 SOUTHBENDIN.GOV <br />