Laserfiche WebLink
South Bend Redevelopment Comr issioll <br />Rescheduled Regular Meeting — June 22, 2007 <br />b. NEW BUSINESS (CONY.) <br />B. Northeast Neighborhood Development Area <br />(3) continued.,, <br />(authorizing a purchase offer and setting . <br />the offering price for AAYs, 1129 South <br />Bend Avenue) <br />Mr. Schalhol motel that Resolution No. 2349 <br />authorizes the sending of a purchase offer for <br />the ay's Rent-All property and sets the <br />offering price for the purchase of twelve <br />properties generally located at 1129 Sout . <br />Bend Avenue. These properties will be used <br />to facilitate the redevelopment of the <br />Triangle Neighborhood within the Northeast <br />Neighborhood Development Arca. These are <br />the same properties added to the acquisition <br />list earlier in the meeting. <br />The average appraised value for the sever. <br />commercial lots is $539,000.00. The average <br />appraised value for the five vacant lots is <br />$22,750.00. The combined value for the <br />twelve parcels is 1,750.00. <br />Staff requests approval of Resolution <br />'No. 2349. <br />Upon a motion by Mr. Downes, seconded by <br />Mr. King and unanimously carried, the <br />Commission approved Resolution No. 2349 <br />related to acquisition of property in the <br />Northeast Neighborhood Development Area. <br />(Ray's Beat-All) <br />1 <br />COMMISSION APPROVED RESOLUTION No. 2349 <br />RELATED TO ACQUISITION OF PROPERTY IN TIJI_= <br />NORTHEAST NEIGHBORHOOD DE EI_.( PI LENT <br />AREA. AA's RENT -ALL) <br />