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~~Cz~ <br />- • . Bourg <br />~' I.;;/ Fro <br />~ ix <br />Community & Economic Development ~r\`~~'>, <br />1200 County-City Building, 227 West Jefferson, South Bend, Indiana 46601-1830 Phone 574/235-9371 Fax 5741235-9021 <br />To: Redevelopment Commission <br />r <br />From: Bill Schalliol, Economic Development Planner <br />Subject: Professional Services -Property Acquisition Assistance <br />Related to 748 Hawbaker Street <br />Date: December 12, 2010 <br />Attached to this memorandum is a letter from Christopher Davey with Grubb & Elliss/Cressy & <br />Everett concerning expenses related to professional services for acquisition of property at 748 <br />Hawbaker Street in the South Side Development Area. This parcel, and several adjacent parcels <br />were proposed for acquisition for one of the versions of the Erskine Plaza Pond project. When it <br />was determined that we would reconstruct the ponds in place, a project currently underway, it was <br />determined that there was still value in the acquisition of 748 Hawbaker related to the modified <br />project plan. <br />After months of intense and ultimately unsuccessful negotiations with the property owner, it has <br />been determined that the needed infrastructure improvements can be accomplished without having <br />to acquire the parcel. But because we will not be closing on the parcel, this professional service <br />item will not be able to be included in the closing transaction and needs to be covered as a <br />standalone Commission item. <br />Staff request approval of the professional service reimbursement in the amount of $2,000.00. Staff <br />appreciates the cooperation, coordination and consulting Mr. Davey provided related to this <br />acquisition effort and requests the Commission's favorable approval of this request. <br />What We Do Today Makes A Difference! <br />