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10-11-11 Packet
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South Bend Redevelopment Commission <br />Regular Meeting — September 27, 2011 <br />6. NEW BUSINESS (CONT.) <br />B. South Bend Central Development Area <br />(4) continued... <br />replied that on both sites the plan called for <br />office type use and on the Colfax site a mix <br />of retail and residential. <br />Upon a motion by Mr. Downes, seconded by <br />Mr. Varner and unanimously carried, the <br />Commission accepted the proposal from Kil <br />Architecture & Planning for architectural <br />planning services related to redevelopment <br />owned parcels on Niles and Colfax Avenues. <br />(5) Listing Contracts with Hallmark Real <br />Estate for five Commission owned <br />properties in Monroe Park. <br />Mr. Sikora noted that staff is asking for <br />consideration and approval of four listing <br />contracts with Bruce Gordon of Hallmark <br />Real Estate for the sale of Redevelopment - <br />owned properties in the Monroe Park <br />Neighborhood. There were to be five <br />contracts, but one of the properties is <br />expected to be sold directly by staff. <br />On June 28, 2011 the Redevelopment <br />approved the bid specs, fair - market <br />valuation, and advertising to begin the <br />disposition process for each of the five <br />properties. There were no bids received at <br />the July 26, 2011 Redevelopment <br />Commission meeting. Thirty days have now <br />passed which allows the properties to be sold <br />at a negotiated price, less than the fair - market <br />valuation. <br />The listing agreements are the city's standard <br />11 <br />COMMISSION ACCEPTED THE PROPOSAL FROM <br />KIL ARCHITECTURE & PLANNING FOR <br />ARCHITECTURAL PLANNING SERVICES RELATED <br />TO REDEVELOPMENT OWNED PARCELS ON NILES <br />AND COLFAx AVENUES. <br />
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