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South Bend Re(le velopm ent Commissioll <br />Rescheduled l c ular Mcefing .-May , 2007 <br />6. NEW BUSINESS (COIN.) <br />C. South Bend Central Development Area <br />(4) continued... <br />Property is zoned C. D. The proposed fair <br />market value of the property is derived by <br />averagina two independent appraisals as <br />$267,500. Staff recommends approval. <br />- JI:)on a niotion by MrF � Seconded by <br />Mr. Downes and unammousl F carri.ed, the <br />Commis ion approved Rcsolution No. 23)35 <br />approving the Fair Market Vale of Property <br />its the South Bend Central Developnient <br />Ai-ca. J.-or er enzyme Research Associatcs <br />(5) Commission approval requested for Bid <br />Specifications and Design Considerations <br />for property in the South Bend Central <br />Development Area. (former Enzyme <br />Research Associates) <br />Mr. Schalliol. noted that the Biel <br />Speca.fieatlons Mcll.,Ide that the enti..re site <br />must be purchased together, as i, the <br />building must be adaptively rc s d, and that <br />all proposals must include a basic reuse plan <br />and a timefine detailing aspects of the site <br />redevelopment or site .improvements. <br />eceipt of bids will be Jun 1, 2007 at 10:00 <br />a. m. <br />Upon a irotlon by Mr. Vii, seconded by <br />Mr. Downes and unanim.ously carried, the <br />Commission approved the Bid Specifications <br />and De i n Considerations for property in <br />the South Bend Central Development Area. <br />(fomier Enzyme Research Associates) <br />HR <br />CC) MIMISS10N AP1'ROVr..,[: E C)1._[...1]0N 0. ? ; ,5 <br />APPROVING - HL' a�A1R .N4AR1 .E_1. }1.1- ..�.j1:- (.)I <br />IN '1'1-1F [_r F1.-1 B END CII-.NfT 1 .:= L <br />- R1� A. (F RM f -1R E YM F' <br />ESEAR(.1-1 ASsOC]A` ES <br />COWMISSION APPROVED THE BID <br />PE-. 'f1-{IC'A "FIONS AN[) Dt SIGN CON JM..- ,R.A1 "1O S <br />FOR PRC)P E RTY IN T[-[E Sou "n B FN D CENT A[_. <br />DI- vi,-,I...opm [: N -l- AR[ A. (FO RM1_;R. E NzYm <br />RES1- AR(J-1 A. so '1AT E <br />