RM 07-07-78 - Laserfiche WebLink

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South Bend Redevelopment Commission Page 9 July 7 1978 6. NEWIBUSINESS, Continued Mr.lCira: How much time do they have on these? Mr. then we c Mr. Mr. Ms. Mr. Ms. Mr. Ms. Brownell: We don't have a specified time contract with them, we let i make a down payment then come in and pay as they are able to but lon't give them title to the property until it is fully paid. Robinson: How big a parcel of land is this? Brownell: This is 334' of frontage, 120' deep on Bendix Drive. Derbeck: Are these all vacant lots? Brownell: Yes. Derbeck: Are they buildable? Brownell: Yes, they are buildable lots. Derbeck: Isn't this kind of cheap for a buildable lot? Mr. Brownell: Well they were appraised and, yes, it is cheap, but that is the app aised price. Mr. Cira: They can't build on them without the deed though, right? Mr.lBrownell: That's right. Motion was made for approval of Resolution No. 562, with issuance of Deed upo receipt of payment in full, was made by Mr. Wiggins, seconded by Mr. Robinson and carried. Kevin Butler: Are the individual lots that are being sold, are they usually for building purposes... as a rule, or as side lots? Mr. Brammer: Out of all of these, Mr. Shelton is the only one who is going to Luild. The rest are for gardens, The Minority Encouragement group is wor ing with Carl Ellison on a HUD participation neighborhood grant for a possible day care center and other services out there. Those two might build but everyone else is going to use the property for gardens. They hav homes next to the parcels, etc. Ms- .Derbeck: So they are on different streets? Mr. Mr. queE Mr. Brammer: Right, they are all on different streets. Wiggins: A big part of the land available out there is land that is tionable as far as building is concerned because it is muck land. Brownell: These are not lots they are parcels.