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South Bend Redevelopment Commission <br />egular Meeting — November 5, 2004 <br />6. NEW BUSINESS (CONT.) <br />I. South Side Development Area <br />(2) continued... <br />submitted a proposal in the amount of <br />$16,800, which is slightly more than the <br />$16,600 the City of South Bend paid for the <br />property when it purchased it from the <br />Indiana Department of Transportation earlier <br />this year. <br />The staff recommends conditional approval <br />of the offer from KSK Scottsdale Mall LLC <br />on the condition that no other proposals are <br />received prior to the end of the 30 day <br />waiting period (November 8). Staff also <br />recommends that the Commission stipulate <br />that: (1) the property must be used as part of <br />ILthe development of an adjacent 425 -500 sft <br />shopping center development or retail village <br />center; (2) The property should be used in <br />coordination with the construction of a <br />second anchor tenant for the project with <br />consistent materials and consistent <br />appearance; (3) Site improvements must be <br />finished on the site. One specific <br />improvement that will be noted in the <br />Contract for Sale of Land is the Argyle Drive <br />pedestrian improvement project (a pedestrian <br />connection from Argyle Dr. to the front of <br />the Target store). <br />Ms. Greene noted that disposition of property <br />is covered by I.C. 36- 7- 14 -22. The <br />Commission met its obligation when it <br />originally put this property up for bid through <br />the public bidding process. At that time no <br />bids were received for the property. The <br />call -in date was October 8. Under subsection <br />IL (h) of this section of the Indiana Code, the <br />18 <br />