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South Bend Redevelopment Commission <br /> Regular Meeting—March 27, 2012 <br /> 5. OLD BUSINESS <br /> There was no Old Business. THERE WAS NO OED BUSINESS <br /> 6. NEW BUSINESS <br /> A. South Bend Central Development Area <br /> (1) Extension of Listing Agreement with <br /> Hallmark Real Estate for Housing <br /> Development Corp. owned houses in <br /> Monroe Park. <br /> Mr. Relos noted that on September 27, 2011, <br /> the Commission entered into Listing <br /> Contracts with Hallmark Real Estate for the <br /> marketing and sale of five former Housing <br /> Development Corporation (HDC) houses in <br /> Monroe Park. Those contracts were for <br /> approximately six months, ending on <br /> March 18, 2012. During that period, three of <br /> the five houses have been sold, and one has a <br /> pending offer. <br /> The Commission received the extensions of <br /> these Listing Contracts for the remaining two <br /> properties, 609 and 620 Columbia Street. <br /> These extensions are for six months, ending <br /> September 18, 2012. <br /> Staff requests approval of the two extensions <br /> with Hallmark Real Estate, so they may <br /> continue to market these properties. <br /> Upon a motion by Mr. Downes, seconded by COMMISSION APPROVED THE EXTENSION OF <br /> Mr. Varner and unanimously carried, the LISTING AGREEMENT WITH HALLMARK REAL <br /> Commission approved the Extension of ESTATE FOR HOUSING DEVELOPMENT CORP. <br /> OWNED HOUSES IN MONROE PARK. <br /> Listing Agreement with Hallmark Real <br /> Estate for Housing Development Corp. <br /> owned houses in Monroe Park. <br /> 3 <br />