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South Bend Redevelopment Commission <br />Regular Meeting -December 7, 2007 <br />6. NEW BUSINESS (CONT.) <br />E. Airport Economic Development Area <br />(4) continued... <br />Church at $214,450 and authorizes sending a <br />purchase offer for that amount. This is the <br />first process of committing to the LaSalle <br />Park Neighborhood. <br />Mr. Downes made a motion to approve <br />Resolution No. 2418 related to the <br />acquisition of property in the Airport <br />Economic Development Area. Mr. King <br />seconded the motion. The motion carried on <br />a vote of four in favor. Mr. Peczkowski <br />abstained. <br />(5) Commission approval requested for <br />Resolution No. 2419 approving and <br />accepting a counter offer for the <br />acquisition of property in the AEDA <br />(River of Life Church) <br />River of Life has obtained an appraisal of its <br />own and has had the property listed on the <br />market for $270,000. They have submitted a <br />counter offer in the amount of $250,000. <br />Resolution No. 2419 accepts the counter <br />offer in that amount. <br />Mr. Downes made a motion to approve <br />Resolution No. 2419 approving and <br />accepting a counter offer for the acquisition <br />of property in the AEDA Mr. King <br />seconded the motion. The motion carried on <br />a vote of four in favor. Mr. Peczkowski <br />abstained. <br />COMMISSION APPROVED RESOLUTION NO. 2418 <br />RELATED TO THE ACQUISITION OF PROPERTY IN <br />THE AIRPORT ECONOMIC DEVELOPMENT UREA <br />COMMISSION APPROVED RESOLUTION NO. 2419 <br />APPROVING AND ACCEPTING A COUNTER OFFER <br />FOR THE ACQUISITION OF PROPERTY IN THE <br />AEDA <br />42 <br />