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South Bend Redevelopment Commission <br />Regular Meeting –September 3, 2010 <br /> <br />6. NEW BUSINESS (CONT.) <br /> <br />D. Airport Economic Development Area <br /> <br />(1) continued… <br /> <br />Mr. Relos distributed a map showing the <br />following information: There are one <br />hundred fifty parcels in that area. Twenty- <br />one parcels in that area were owned by the <br />city. The Commission has purchased twenty- <br />five parcels from nineteen different owners. <br />Twenty parcels were purchased at tax sale. <br />Three properties are under purchase <br />agreement. Staff is negotiating for thirty- <br />nine other properties, There are forty-two <br />other parcels whose owners have not <br />expressed interest in selling, seven of them <br />owned by the railroad. <br /> <br />Mr. Relos noted that total acquisition and <br />relocation costs to date have been $615,545, <br />compared to $1,375,000 that was budgeted <br />for the same properties. The acquisition <br />process began in August 2009 with the <br />addition of these parcels to the Acquisition <br />List. The response of the residents interested <br />in selling has been overwhelming. <br /> <br />Mr. Relos noted that a woman from whom he <br />purchased a home told him she was telling all <br />her neighbors that they should work with <br />him: that the process was good. It’s good to <br />know that the people we work with are happy <br />with the process. <br /> <br />Ms. Jones noted that the relocation costs for <br />this area have been less than estimated, but <br />that is not because we have been unfair in our <br />dealings with the property owners. It is <br />because our estimates were very <br />conservative. The relocations are all <br />voluntary. <br /> 9 <br /> <br />