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IV. INDUSTRIAL LAND BID i <br />On July 13, 1962, the City of South Bend, Department of Redevelop- <br />ment published in the South Bend Tribune, The Record, and the <br />August, 1962, issue of The National Real Estate Investor (Magazine) <br />a notice of sale of industrial land. Proof of publications is <br />prese ted and ordered filed. <br />Sealed offers under the proposal were to be received at the office <br />of the South Bend Redevelopment Commission up to 11:00 o'clock A.M., <br />Central Daylight Time, on the 20th day of September, 1962. It now <br />being after 11:00 o'clock A.M. on said date, the following bids <br />were oened and examined: <br />1. Bid from Michael B. Lynch, dated September 20, 1962, for the <br />purchase of approximately 30,000 square feet at 24'cents a <br />s uare foot for a total purchase price of $7,200. Submitted <br />with signed proposal is Treasurer's Check of the First Bank & <br />T ust Company in the sum of $720. <br />2. Ir addition, there is also a bid by David S. Subar on behalf <br />of Model Coverall Service, Inc. of Grand Rapids, Michigan, <br />offering to purchase 13,600 square feet at a price of 23.7 <br />cents per square foot for a total purchase price of $3,223.20 <br />a d submitted with a proposal is a certified check of the <br />bidder certified by the Old Kent and Trust Company of Grand <br />R pids, Michigan, for $322.32. <br />The Commission, by a motion made by Mr. Williams, seconded by <br />Mr. K czan and unanimously carried, took the proposed bids under <br />advisement and requested that both bidders submit form H -6004 as <br />required by the HHFA regulations. <br />V. RESOLUTION NO. <br />The Commission's attention was directed to the fact that certain <br />resolutions previously adopted and followed as a matter of policy <br />were not shown in the official minutes of the meetings of the <br />Redevelopment Commission. Said resolutions were as follows: <br />1. <br />at mileage allowance for all travel by private car on <br />mmission business be compensated at 10 cents per mile, said <br />yment conforming to the practice of all departments of the <br />ty of South Bend. Said resolution is given full retro- active <br />lidity to March 24, 1961. <br />-3- <br />