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South Be d Redevelopment Commission <br />Regular Nleeting — August 16, 2012 <br />6. NEVI BUSINESS (CONT.) <br />B. Airport Economic Development Area <br />0) continued... <br />Mr. Relos noted that the Bid Specifications <br />and Design Considerations for the disposition <br />of 1017 W. Indiana Ave. include that all <br />offers must meet the minimum offering price, <br />must conform to the existing zoning <br />provisions set forth for an MU zoning <br />district, and must include a basic reuse plan <br />for the site and a project timeline detailing <br />aspects of the site development and site <br />improvements. During the review process, <br />emphasis will be placed on compatibility <br />with the goals and objectives of neighboring <br />Ignition Park PUD, as well as the <br />Development Plan for the Airport Economic <br />Development Area. The property may not be <br />purchased for speculation. <br />Upon a motion by Mr. Varner, seconded by <br />Mr. Downes and unanimously carried, the <br />Commission approved the Bid Specifications <br />and Design Considerations for property <br />located at 1527 S. Kemble. <br />1) Authorization to publish Notice of <br />Intended Disposition of Property with <br />publication dates of August 24 and August <br />31, 2012 and receipt of bids at 9:30 a.m., <br />September 13, 2012. (1527 S. Kemble) <br />Upon a motion by Mr. Varner, seconded by <br />Mr. Downes and unanimously carried, the <br />Commission authorized publication of the <br />Notice of Intended Disposition of Property <br />with publication dates of August 24 and <br />August 31, 2012 and receipt of bids at 9:30 <br />a.m., September 13, 2012. (1527 S. Kemble) <br />23 <br />COMMISSION APPROVED THE BID <br />SPECIFICATIONS AND DESIGN CONSIDERATIONS <br />FOR PROPERTY LOCATED AT 1527 S. KEMBLE. <br />i <br />COMMISSION AUTHORIZED PUBLICATION OF THE <br />NOTICE OF INTENDED DISPOSITION OF <br />PROPERTY WITH PUBLICATION DATES OF <br />AUGUST 24 AND AUGUST 31, 2012 AND RECEIPT <br />OF BIDS AT 9:30 A.M., SEPTEMBER 13, 2012. <br />(1527 S. KEMBLE) <br />