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06-22-07 Redevelopment Commission Minutes
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06-22-07 Redevelopment Commission Minutes
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11/2/2012 11:29:37 AM
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12/11/2007 3:24:29 PM
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6/22/2007
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06-22-07 Redevelopment Commission Agenda
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\Public\Redevelopment Commission\Agendas & Packets\2007
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South Bend Redevelopment Commission <br />Rescheduled Regular lecting — June 22, 200' <br />6. NEW BUSINESS CONT. <br />C. South Bend Central Development Area <br />(1) continued, <br />Upon a notion by Mr. Downes, seconded by <br />Mr. Peczkowski and unanimously carried, <br />the Commission approved the Contract for <br />Sale of Land with Jcrid Enterprises LLC in <br />the South Bend Central Development Area. <br />(817 and 903 E. Sample St. <br />(2) Staff report on disposition of property in <br />the South Bend Central Development <br />Area. Witmn Petrie Letter of Interest, <br />412 S. Lafayette Blvd., former Enzyme <br />Research property) <br />Mr, Schalliol noted that at its {Tune 8 meeting <br />the Commission received a Letter of Interest <br />from. Wi ghtman Petrie concerning the <br />Commission's sale of 412 S. Lafayette Blvd. <br />Staff is working to finalize negotiations w1th <br />Wigh.tman Petrie and intends to present <br />proposal to the Commission at its July 20 <br />meeting when the 30-day waiting period will <br />have expired and the Commission can <br />consider an offer less than the minimurn <br />offel'ng price when it event to bid. <br />ightman Petrie is interested in acquiring <br />the property and converting it to a corporate <br />office for the South Bend operations of <br />W ightrnan Petrie, a multi- disciplinary firm. <br />The building will need internal renovation to <br />convert space into offices and work areas for <br />the different teams. The building will require <br />major roof repair, mechanical work, and <br />some exterior renovations to make the <br />building secure. Wherefore, Wightman Petrie <br />has offered $13 1,000 for the property instead <br />12 <br />COMMISSION APPROVED THE CONTRACT FOR <br />SALE w.- LAND WITH JEI ID ENTERPRISEs LLC I <br />T1-1E So u -ri.i BEN1) C EN TI L D EV ELOPM ENT <br />AREA. 17 AND 903 E. SAMPLE ST) <br />
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