08-20-04 Redevelopment Commission Minutes

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Redevelopment Commission Meeting Regular Meeting — August 20, 2004 expressed further concern that the Commission could be carrying that building forever. If there was an adaptive reuse, someone would have been all over it by now. She loves the prospect of the School Corporation relocating into the downtown and all of the improvements planned for the Century Building and wants to support it. However, she further stated that the City has limited funds. Ms. Greene indicated that she believed the School Corporation might be willing to share the utility and maintenance costs with the Commission, but cautioned that the actual costs would be different for an unoccupied building. Mr. Strauss indicated that he may be able to provide the requested information. Upon a motion by Mr. Kahn and seconded by Mr. Faccenda, the Commission approved the Agreement between the South Bend Community School Corporation and the South Bend Redevelopment Commission related to the School Administration Relocation Project. Ms. Jones voted against the motion. (4) Commission approval requested for Real Estate Purchase and Sale Agreement with United Realty Companies, LLC. (School Administration Relocation Project) Upon a motion by Mr. Kahn and seconded by Mr. Faccenda, the Commission approved the Real Estate Purchase and Sale Agreement with United Realty Companies, LLC. (School Administration Relocation Project). Ms. Jones voted against the motion. D. Sample -Ewing Development Area IL 10 COMMISSION APPROVED THE AGREEMENT BETWEEN THE SOUTH BEND COMMUNITY SCHOOL CORPORATION AND THE SOUTH BEND REDEVELOPMENT COMMISSION RELATED TO THE SCHOOL ADMINISTRATION RELOCATION PROJECT UPON A MOTION BY MR. KAHN AND SECONDED BY MR. FACCENDA, THE COMMISSION APPROVED THE REAL ESTATE PURCHASE AND SALE AGREEMENT WITH UNITED REALTY COMPANIES, LLC. (SCHOOL ADMINISTRATION RELOCATION PROJECT)