Laserfiche WebLink
South Bend Redevelopment Commission <br />Regular Meeting — August 19, 2005 <br />6. NEW BUSINESS (CONT.) <br />D. Sample -Ewing Development Area <br />(3) continued... <br />affiliated businesses listed in the proposal. <br />Staff received a letter from Mr. Katz dated <br />August 10, 2005 that rejected the <br />Redevelopment Commission Purchase Offer <br />for the Hill Street property and also withdrew <br />the proposal for acquisition of Lot #7 in the <br />Oliver Industrial Park. <br />Ms. Greene read Mr. Katz's letter into the <br />record. <br />August 10, 2005 <br />Mr. Andy Laurent <br />Division of Economic Development <br />227 W. Jefferson Boulevard <br />Suite 1200 S <br />South Bend, Indiana 46601 <br />Dear Andy: <br />After considerable thought and evaluation, <br />we regret that we must reject the offer <br />presented to Kay Equipment & Supply Co, <br />Inc. to purchase our facilities located at 604 <br />North Hill Street, South Bend, Indiana <br />46617. We thank you for the time and effort <br />you put into creating this offer and working <br />with us to explore the avenues of assistance <br />that the City of South Bend has available for <br />economic advancement. <br />The economic environment we find ourselves <br />in today does not make it feasible for us to <br />relocate at this time; therefore, we must also <br />L 19 <br />