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South Bend Redevelopment Commission <br />Regular Meeting –June 18, 2010 <br /> <br />6. NEW BUSINESS (CONT.) <br /> <br />B. Airport Economic Development Area <br /> <br />(3) continued… <br /> <br />side of Indiana Ave. <br /> <br />1510 S. Catalpa is a two-story, three <br />bedroom single family residence. The owner <br />contacted staff with an interest in selling. <br />Resolution No. 2696 sets the offering price at <br />$11,500, the average of two independent <br />appraisals. <br /> <br />CRN.2696 <br />Upon a motion by Ms. King, seconded by <br />OMMISSION APPROVED ESOLUTION <br />RELATED TO ACQUISITION OF PROPERTY IN THE <br />Mr. Downes and unanimously carried, the <br />AEDA <br />IRPORT CONOMIC EVELOPMENT REA <br />Commission approved Resolution N. 2696 <br />(1510S.CS.) <br /> ATALPA T <br />related to acquisition of property in the <br />Airport Economic Development Area (1510 <br />S. Catalpa St.) <br /> <br /> <br />(4) Resolution No. 2697 approving and <br />accepting a counter offer for the <br />acquisition of property in the Airport <br />Economic Development Area (1510 S. <br />Catalpa St.) <br /> <br />Mr. Relos noted that the owner of 1510 S. <br />Catalpa submitted a counter offer in the <br />amount of $15,000. Staff recommends <br />accepting the counter offer. <br /> <br />CRN.2697 <br />Upon a motion by Ms. King, seconded by <br />OMMISSION APPROVED ESOLUTION O <br />APPROVING AND ACCEPTING A COUNTER OFFER <br />Mr. Downes and unanimously carried, the <br />$15,000 <br />IN THE AMOUNT OF FOR PROPERTY <br />Commission approved Resolution No. 2697 <br />1510S.CS. <br />LOCATED AT ATALPA T <br />approving and accepting a counter offer in <br /> <br />the amount of $15,000 for property located at <br />1510 S. Catalpa St. <br /> <br /> <br />(5) Public Hearing and consideration of <br />Resolution No. 2690 determining to <br /> 9 <br /> <br />