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South Bend Redevelopment Commission <br /> Regular Meeting—December 13, 2011 <br /> 5. OLD BUSINESS (CONT.) <br /> A. Public Hearing <br /> (1) continued... <br /> Central Development Area and adding one <br /> or more parcels to the List of Parcels to be <br /> Acquired. (former Wharf site) <br /> Mr. Inks noted that the public hearing on <br /> Resolution No. 2952 was held on November <br /> 22. At that time staff had learned that the <br /> situation with the former Wharf site had <br /> changed. The property was in the process of <br /> being sold and would likely be developed <br /> without the city taking ownership. The new <br /> owner is here to explain his company's plans <br /> for the property. <br /> Mr. Phil Panzica noted that he represents <br /> South Bend Wharf Partners, LLC, the new <br /> owners of the Wharf site. All members of <br /> the new ownership are regionally involved in <br /> architecture, construction, development, <br /> finance and development requirements. The <br /> LLC respectfully requests that the <br /> Commission remove the parcel from the <br /> acquisition list. They have full intentions of <br /> developing the site to its highest potential <br /> with a development this community needs <br /> and deserves. The group is seeking input <br /> from community leaders on the potential <br /> project. <br /> Ms. King made a motion to approve MOTION TO APPROVE RESOLUTION No.2952 <br /> Resolution No. 2952. The motion failed for FAILED FOR LACK OF A SECOND <br /> lack of a second. <br /> 14 <br />