Laserfiche WebLink
South Bend Redevelopment Commission <br />Regular Meeting -January 3, 2006 <br />6. NEW BUSINESS (CONT.) <br />B. South Bend Central Development Area <br />continue ... <br />needs further direction from the Commission <br />to continue discussions with South Bend <br />Chocolate Company in order to have a <br />recommendation ready for the Commission <br />at the January 20, 2006 meeting. <br />Upon a motion by Mr. King, seconded by <br />Mr. Downes and unanimously carried, the <br />Commission authorized staff to perform <br />additional review and discussion with South <br />Bend Chocolate Company to provide <br />sufficient information to substantiate any <br />adjustment to the sale price and to identify <br />acceptable terms and conditionsfor any <br />potential future agreement between the <br />Commission and the Developer . <br />C. Sample-Ewing Development Area <br />(1) Commission approval requested for <br />Resolution No. 2207 determining <br />Commission intent to pay certain expenses <br />incurred for local public improvements in <br />or serving the Sample-Ewing Development <br />Area Allocation Area (South Bend <br />Allocation Area No. 8) from the Sample- <br />Ewing Allocation Area (South Bend <br />Allocation Area No. 8) Special Fund. <br />Mr. Inks noted that Resolution No. 2207 sets <br />the appropriation amount at $750,000, which <br />is anot-to-exceed amount. It also authorizes <br />the advertising for a public hearing to be set <br />at 10:00 a.m., January 20, 2006. <br />COMMISSION AUTHORIZED STAFF TO PERFORM <br />ADDITIONAL REVIEW AND DISCUSSION WITH <br />SOUTH BEND CHOCOLATE COMPANY TO <br />SUBSTANTIATE ANY ADJUSTMENT TO THE SALE <br />PRICE AND TO IDENTIFY ACCEPTABLE TERMS <br />AND CONDITIONS FOR ANY POTENTIAL FUTURE <br />FINAL AGREEMENT BETWEEN THE COMMISSION <br />AND DEVELOPER <br />13 <br />