Laserfiche WebLink
South Bend Redevelopment Commission <br /> Regular Meeting—April 24, 2012 <br /> the redevelopment of this area on the north <br /> side of Indiana Avenue. <br /> This particular property is a 3,200 square <br /> foot, one story warehouse building. The <br /> property owner would like to participate in <br /> the goals of the Commission to clean and <br /> clear this area, and contacted staff of their <br /> interest in selling this property. <br /> Resolution No. 3029 sets the acquisition <br /> value of the property at $28,500. The <br /> acquisition value is the average value as <br /> determined by two independent appraisals. <br /> Staff requests approval of Resolution No. <br /> 3029, to allow for the acquisition of this <br /> property. <br /> Upon a motion by Mr. Varner, seconded by COMMISSION APPROVED RESOLUTION No.3029 <br /> Mr. Downes and unanimously carried, the RELATED TO ACQUISITION OF PROPERTY IN <br /> Commission approved Resolution No. 3029 THE AIRPORT ECONOMIC DEVELOPMENT AREA. <br /> related to acquisition of property in the (1522 PRAIRIE AVE.) <br /> Airport Economic Development Area. (1522 <br /> Prairie Ave.) <br /> (7) Resolution No. 3030 approving and <br /> authorizing the execution of an <br /> amendment to the Addendum to the <br /> Master Agency Agreement (Ignition Park <br /> Phase 1A Infrastructure— Supplement <br /> #1). <br /> Mr. Kain noted Resolution No. 3030 and an <br /> Amendment to the Addendum to Master <br /> Agency Agreement for Ignition Park Phase <br /> 1 A Infrastructure. <br /> On October 22, 2011, the Commission <br /> signed an Addendum to the Master Agency <br /> Agreement authorizing the Board of Public <br /> Works to act as its agent and assist with the <br /> 18 <br />