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South Bend Redevelopment Commission <br />IL Special Meeting —March 28, 2002 <br />6. NEW BUSINESS (CONT.) <br />F. Sample -Ewing Development Area <br />(6) Commission authorization requested <br />for Redevelopment Director to <br />exercise the Option from JVH, <br />Incorporated for Tax Key No. 18- <br />8075-2841.01 (Sample -Olive <br />Industrial Study Area) <br />Ms. Greene reported that a period of due <br />diligence begins as the next phase of the <br />project moves forward. She noted the <br />Redevelopment Director is seeking <br />authorization for execution of the <br />options to purchase the property and <br />undertake the acquisition at the <br />appropriate time. <br />IL Upon a motion by Ms. Jones, seconded <br />by Mr. Kahn and unanimously carried, <br />the Commission approved the request <br />for Redevelopment Director to exercise <br />the Option from JVH, Incorporated. <br />(Sample -Olive Industrial Study Area) <br />Mr. Faccenda abstained from the vote. <br />(7) Commission authorization requested <br />for Redevelopment Director to <br />exercise the Option from <br />L & H Leasing (North Properties) for <br />Tax Key Nos. 18- 8075 - 2841.21, <br />18- 8075- 2841.22; <br />L & H Leasing (South Properties) for <br />Tax Key Nos. 18- 8075- 2841.07, <br />18- 8075- 2841.08,18- 8075- 2841.09, <br />18- 8075- 2841.10,18- 8075- 2841.11, <br />18- 8075- 2841.12,18- 8075- 2841.13, <br />18- 8075- 2841.17,18- 8075- 2841.18, <br />18- 8075 - 2841.19,18- 8075- 2841.24, <br />18- 8075- 2841.25. (Sample -Olive <br />Industrial Study Area) <br />16 <br />COMMISSION APPROVED THE REQUEST FOR <br />REDEVELOPMENT DIRECTOR TO EXERCISE THE <br />OPTION FROM JVH, INCORPORATED. (SAMPLE - <br />OLIVE INDUSTRIAL STUDY AREA) <br />