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South Bend Redevelopment Commission <br />Regular Meeting –February 5, 2010 <br /> <br />6. NEW BUSINESS (CONT.) <br /> <br />B. South Bend Central Development Area <br /> <br />(4) continued… <br /> <br />proposal, Place deposited the sum of $15,000 <br />as a faithful performance guarantee. Since <br />development at the site did not move <br />forward, no contracts or agreements were <br />signed with Place Builders. <br /> <br />In the past month, another developer has <br />contacted the department with a strong <br />interest in the site. Preliminary meetings <br />have been held, site plans reviewed, and staff <br />hopes to have a full presentation from the <br />developer ready for the Feb 19 Commission <br />meeting. <br /> <br />Staff appreciates the time and effort Place <br />Builders put forth to develop this site, and <br />looks forward to working with them on <br />development of another site in the city. <br />However, to facilitate moving plans forward <br />with the new developer, staff requests the <br />approval of the return of Place Builders’ <br />deposit in the amount of $15,000. <br /> <br />CRN.2649 <br />Upon a motion by Ms. King, seconded by <br />OMMISSION APPROVED ESOLUTION O <br />P <br />AUTHORIZING RETURN OF DEPOSIT TO LACE <br />Mr. Downes and unanimously carried, the <br />B,I.(RR) <br />UILDERS NC INK IVERSIDE SITE <br />Commission approved Resolution No. 2649 <br />authorizing return of deposit to Place <br />Builders, Inc. (Rink Riverside site) <br /> <br /> <br /> C. Airport Economic Development Area <br /> <br />(1) Proposal from The Lakota Group for <br />Area Land Use Planning and Zoning <br />Strategy for Ignition Park. <br /> <br />Mr. Relos noted that in November 2009 staff <br />received notification from the Area Board of <br /> 14 <br /> <br />