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South Bend Redevelopment Commission <br />Regular Meeting— November 15, 2002 <br />6. NEW BUSINESS (CONT.) <br />E. South Bend Central Development Area <br />(1) continued... <br />a time when the same shall take effect and <br />setting a Public Hearing for December 6, <br />2002 at 10:00 a.m. (Airport Economic <br />Development Area) <br />Upon a motion by Ms. Jones, seconded by <br />Mr. Faccenda and unanimously carried, the <br />Commission accepted for filing Resolution <br />No. 1924 and set a public hearing on <br />Resolution No. 1924 for 10:00 a.m., <br />December 6, 2002 at a Regular Meeting of <br />the Redevelopment Commission. <br />(2) Staff report on disposition of property <br />located in the Airport Economic <br />Development Area. (Blackthorn <br />Corporate Office Park) <br />Mr. Rock reported on the disposition of <br />property in the Airport Economic <br />Development Area. Staff is in receipt of a <br />proposal from Mr. Jack Young, whose <br />company is known as the Storion Group, <br />LLC., for the purchase of .7 acres of Lot 2C <br />which is located in the Blackthorn Corporate <br />Office Park. The purchase price for the <br />property is $35,700. Mr. Young will be <br />expanding his current project and <br />constructing a 10,800 sq ft building. The <br />required 10% faithful performance guaranty <br />will be submitted promptly upon approval. <br />Staff recommends accepting the proposal <br />from Storion Group, LLC. <br />12 <br />COMMISSION ACCEPTED FOR FILING RESOLUTION <br />NO. 1924 AND SET A PUBLIC HEARING ON <br />RESOLUTION NO. 1924 FOR 10:00 A.M., <br />DECEMBER 6, 2002 AT A REGULAR MEETING OF <br />THE REDEVELOPMENT COMMISSION. <br />