Laserfiche WebLink
South Bend Redevelopment Commission <br />Regular Meeting — March 18, 2005 <br />6. NEW BUSINESS (CONT.) <br />D. South Bend Central Development Area <br />(3) continued... <br />Central Development Area and the <br />acquisition of this parcel will allow for a <br />targeted reprogramming of the facility to a <br />use that better fits the long -term planning <br />goals and objectives of the area. <br />Mr. Livingston noted that under I.C. 36 -7 -14- <br />19, the Commission may exceed the prices <br />previously indicated on the offering list if <br />specifically authorized by the Commission. <br />Upon a motion by Mr. Downes, seconded by <br />Mr. Blake and unanimously carried, the <br />Commission approved the counter -offer from <br />IL Michael J. Morris in the amount of $350,000 <br />for property located at 412 S. Lafayette Blvd. <br />in the South Bend Central Development <br />Area. <br />(4) Commission approval requested for <br />Resolution No. 2154 approving the <br />Assignment of Redevelopment Agreement <br />between the Commission and Crowe <br />Chizek and Company, LLP. <br />Mr. Livingston reported that Crowe Chizek <br />and Company is going through a corporate <br />restructuring. They are moving some <br />properties into other entities. Under a <br />previous redevelopment contract, there is a <br />requirement that the Commission is entitled <br />to a sixty (60) day notice of the restructuring. <br />Crowe Chizek intends to reorganize on <br />April 1, 2005 and therefore falls short of the <br />sixty (60) day notice. Resolution No. 2154 <br />requests a waiver of that notice. Crowe <br />IL11 <br />COMMISSION APPROVED THE COUNTER -OFFER <br />FROM MICHAEL J. MORRIS IN THE AMOUNT OF <br />$350,000 FOR PROPERTY LOCATED AT 412 S. <br />LAFAYETTE BLVD. IN THE SOUTH BEND <br />CENTRAL DEVELOPMENT AREA. <br />