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South Bend Redevelopment Commission <br />Regular Meeting —April 26, 2011 <br />Upon a motion by Mr. Downes, seconded by COMMISSION TABLED ITEM 6.D.(1) <br />Mr. Alford and unanimously carried, the <br />Commission tabled Item 6.D.(1) <br />(2) Resolution No. 2871 amending the <br />Development Plan for the Airport <br />Economic Development Area and adding <br />one or more parcels to the List of Parcels <br />to be Acquired. (3408 Ardmore Tr) <br />Mr. Relos noted that on April 12, 2011, the <br />Commission authorized staff to conduct <br />surveys and investigations, and to gather <br />information and study the prospect of adding <br />3408 Armore Trail to the List of Properties to <br />be Acquired in the Airport Economic <br />Development Area (AEDA). <br />3408 Ardmore Trail is an 83,000 square foot <br />commercial building on 8 acres, most <br />recently used by St. Vincent de Paul. The <br />acquisition of this property would allow the <br />Commission to consolidate it with the <br />abutting 8.7 acres Commission owned <br />property, making a larger marketable <br />property for redevelopment. Expected cost <br />of acquisition is $750,000. <br />Upon approval by the Commission, <br />resolutions will be put before the Area Plan <br />Commission and Common Council for their <br />approval, before a Public Hearing and <br />Confirming Resolution would be presented to <br />the Commission for final approval. Approval <br />for advertising for the Public Hearing is also <br />requested of the Commission. Advertising <br />would be done after approval from the <br />Common Council is granted. <br />Staff believes it would be of public utility <br />and benefit to amend the Development Plan <br />by adding this property to the acquisition list <br />14 <br />