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South Bend Redevelopment Commission <br />Regular Meeting -October 6, 2006 <br />7. PROGRESS REPORTS (CONT.) <br />Mr. King asked what the future holds for the Basic <br />Machine property and Oil Express. Ms. Sobel <br />responded that South Bend Heritage Foundation has <br />been in preliminary negotiations with the South Bend <br />Housing Authority about buying its adjacent property. <br />The TIF district won't have the money for a few years to <br />do that. Ultimately they' d like to put downtown market <br />rate housing on the combined sites. <br />Ms. Sobel also noted that the for reusing the Oil Express <br />site, South Bend Heritage Foundation would like to <br />acquire the building at the corner and has made initial <br />overtures. The owner backed off. Acquisition of the <br />old steel pickling plant, which is also adjacent to Oil <br />Express, will have some huge environmental issues. <br />There has been no attempt to acquire that as yet. <br />8. NEXT COMMISSION MEETING <br />The next meeting of the Redevelopment Commission is <br />scheduled for Friday, October 20, 2006 at 10:00 a.m. <br />9. ADJOURNMENT <br />There being no further business to come before the <br />Redevelopment Commission, Mr. King made a motion <br />that the meeting be adjourned. Mr. Downes seconded <br />the motion and the meeting was adjourned at 10:32 a.m. <br />Donald E. Inks, Director <br />NEXT COMMISSION MEETING <br />ADJOURNMENT <br />Marcia I. Jones, President <br />12 <br />