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South Bend Redevelopment Commission <br />Regular Meeting — September 13, 2011 <br />6. NEW BUSINESS (CONT.) <br />C. Airport Economic Development Area <br />(5) continued... <br />Upon a motion by Mr. Downes, seconded by <br />Ms. King and unanimously carried, the <br />Commission approved Resolution No. 2938 <br />authorizing the transfer of real property to the <br />City of South Bend, Indiana, Board of Public <br />Works (921, 1007, and 1018 North Bendix). <br />(6) Resolution No. 2941 related to acquisition <br />of property in the Airport Economic <br />Development Area. (2611 Linden Avenue) <br />Mr. Sikora noted that the Bosch site and two <br />privately owned properties nearby are up for <br />tax sale. Staff would like to put in bids for <br />each of them on September 14, 2011. The <br />price is $795.68, the amount of the back <br />taxes due on the property. Based on the <br />average of two appraisals the acquisition <br />value is determined to be $34, 042.50. Staff <br />asks for authorization of a not -to- exceed <br />amount of $34,042.50 to bid on the two <br />properties. <br />Upon a motion by Ms. King, seconded by <br />Mr. Varner and unanimously carried, the <br />Commission approved Resolution No. 2941 <br />authorizing staff to acquire 2611 Linden <br />Avenue at tax sale for an amount not to <br />exceed $34,042.50. <br />D. West Washington - Chapin Development Area <br />There was no business in the West Washington - <br />Chapin Development Area. <br />24 <br />COMMISSION APPROVED RESOLUTION NO. 2938 <br />AUTHORIZING THE TRANSFER OF REAL PROPERTY <br />TO THE CITY OF SOUTH BEND, INDIANA, BOARD <br />OF PUBLIC WORKS (921, 1007, AND 1018 NORTH <br />BENDIX). <br />COMMISSION APPROVED RESOLUTION NO. 2941 <br />AUTHORIZING STAFF TO ACQUIRE 2611 LINDEN <br />AVENUE AT TAX SALE FOR AN AMOUNT NOT TO <br />EXCEED $34,042.50. <br />