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South Bend I ede elopni.ent Commission <br />Regular Meeting — August , 2007 <br />6. NEW BUSINESS (CONY.) <br />D. South Side Development Area <br />(1) continued. <br />Mr. Peezkowsk.l. asked what was paid for <br />4209, 430 au-id 4323. Mr. Inks responded <br />that that inforn'lation was not brought to the <br />meeting. Staff can provide it later. <br />His point 1s that when the Commission first <br />saw this proposal it. Included. clause one <br />where they wish to trade $65,500 for <br />demolition services. Now all of a sudd-e n <br />there's other property thrown in. How much <br />of these five lots .is Caroline Partners getting? <br />It looks like they are close to having a <br />monopoly on that area from Mctalmation. to <br />Ireland -load. Mr. Witwer responded that he <br />doesn't have a map of the proposed <br />'Main/Lafayette crossover. A substantial <br />a count of those properties will. be used for <br />right-of-way. The amount of property <br />Caroline Partners will receive from those lots <br />is minimal and of use to no one else but the <br />adjacent property owner. <br />Mr. Pecz o ws i asked what the ultimate use <br />of these little parcels will be. Mr. Inks <br />responded that the exact location of the <br />Mace Lafa ette crossover has not yet been <br />designed. Prellininary drawings show the <br />general path of it. We've been acquiring <br />property on the basis of those preliminary <br />drawings. To get full plans from the <br />engineer typically costs about 70% of the <br />project cost, so wbat ve' c been operating <br />on is something pretty good generally, but is <br />not exact. We've been acquiring property <br />based on what we've seer. This property.) <br />4223, sits almost it the heart of the <br />23 <br />