Preheat oven to 350.
Cook the pasta as directed on the package in an ovenproof saucepan or Dutch oven. Save 1/4 cup of the cooking liquid and then drain.
To the same saucepan or Dutch oven, add the reserved cooking liquid and the pizza sauce and whisk together.
Then stir in the chopped peppers and halved pepperonis and cook for 2-3 minutes.
Add the drained pasta noodles. Toss together.
Sprinkle the Parmesan cheese over the pasta and then sprinkle the pizza blend shredded cheese over top.
Bake in the preheated oven for about 10 minutes, or until cheese begins to melt.
Season with salt and pepper to taste.
Prepare tossed salad.
Serve Pizza Penne Bakewith tossed salad.