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South Bend Redevelopment Commission <br />Regular Meeting —March 7, 2003 <br />6. NEW BUSINESS (CONT.) <br />B. South Bend Central Development Area <br />(3) continued... <br />March 21, 2003 and Receipt of Bids at 10:00 COMMISSION AUTHORIZED PUBLICATION OF THE <br />a.m. on April 4, 2003. (Main & Jefferson NOTICE FOR DISPOSITION OF LAND WITH <br />project site) PUBLICATION DATES OF MARCH 14, 2003 AND <br />MARCH 21, 2003 AND RECEIPT OF BIDS AT 10:00 <br />A.M. ON APRIL 4, 2003. MAIN & JEFFERSON <br />PROJECT SITE) <br />(4) Staff report on acquisition of property in <br />the South Bend Central Development <br />Area. (517 & 529 E. Colfax Ave. & 211 N. <br />Hill St.) <br />Mr. Schalliol reported that two counter <br />offers were received for purchase offers sent <br />based on Resolution No. 1956. The parcels <br />of land are located at the northwest corner of <br />North Hill Street and Colfax Avenue. The <br />counter offers for the three parcels are as <br />follows: <br />► Tax Key No. 18 -5005 -0129 <br />Located at 211 N. Hill Street <br />Owned by Vern & Mary Margaret <br />Planck Family Trust <br />Original Offer: $25,250 <br />Counter Offer: $48,012 <br />► Tax Key No. 18 -5005 -0128 <br />Located at 517 E. Colfax Avenue <br />Tax Key No. 18 -5005 -0130 <br />Located at 529 E. Colfax Avenue <br />Owned by Ernest L. Bryant <br />Original Offer: $142,500 <br />Counter Offer: $203,988 <br />Mr. Schalliol noted that there are three <br />parcels and two owners. The parcel owned <br />by the single owner is in the middle of the <br />other two parcels. We cannot purchase two <br />15 <br />