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South B end .Redevelopment Commi.sswn <br />Rescheduled Regular Meeting —June 8, 2007 <br />6. NEW BUSINESS (CONY.) <br />B. Receipt of Bids <br />(1) continue . . <br />Mr. pec l o sl i asked where this property 1s <br />located. Mr. Inks responded that it is across <br />the street from the Grace Church property <br />mentioned earlier, next to Quality Glass. <br />Mr. Inks explained why the Commission <br />owns this piece of property. Art Mosaic Tile <br />owned property on both sloes of the street. <br />We wanted their property on the south side <br />of the street for the Southeast park, but in <br />order to purchase one past, we had to <br />p rcll..se flie elffire property. we fl -d, no use <br />for the property on the norm side of Sample, <br />so we put it up for sale. <br />Mr. pec l ows i asked if we own the <br />property all the way to the restaurant on the <br />corner of Lincoln.way and Sample. Mr. <br />Schalliol responded that ire oven all the <br />property on the south side of the street to <br />incolnway. This property is on the north <br />side of the street. We never intended to <br />purchase property on the north side of the <br />street. <br />Mr. Leone noted that the bid meets all the <br />requirements. The minimum bid price was <br />$621100. The price offered by .Tend <br />.Enterprises LLC was $62J00. The <br />perfo .fiance guarantee included was $6,300. <br />.Mr. Inks asked that the Commission refer it <br />to staff for immediate review, to be brought <br />back with a recommendation at the end of the <br />agenda. <br />041 <br />