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RM 04-25-80
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RM 04-25-80
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South Be *d Redevelopment Commission <br />Regular Meeting - April 25, 1980 <br />4. COMMdTNICATIONS <br />a. Mr. Nimtz continues... <br />e architects have raised some <br />.estions concerning that, however, <br />the other side, Mr. Cira and I <br />scussed the other day that anybody <br />th inventory these days, has a growing <br />set, even if he just sits there with <br />e inventory. Anybody with material <br />ings these days has a growing asset <br />matter what they have done with it. <br />concur with your remarks and for <br />at reason I have suggested a motion <br />re which is contingent upon our <br />ing satisfied that it can be done. <br />questions on the passage of the <br />lution? There being none... <br />Cira made a motion that it be the <br />artment of Redevelopment's intent <br />convey the Odd Fellows Building to <br />South Bend Building Corporation <br />vided that the necessary bond, in the <br />unt of $200,000, can be provided and <br />t the legalistics and other arrange - <br />ts be completed to the satisfaction <br />the Redevelopment Commission within <br />rty (30) days, seconded by <br />Donaldson, and the motion was <br />nimously carried. <br />Nimtz: Mayor, we welcome you and <br />nk you for your cooperation. <br />-or Parent: Thank you very much. I <br />,reciate the cooperation and vote. We <br />e about thirty (30) days to get all the <br />k done and that will be necessary prior <br />a successful closing. <br />5. Derbeck: I would like to ask a question <br />efore the Mayor leaves because he might be <br />he only one with the answer. There is <br />ome feelings in some people's minds that <br />e don't know much about the developer, W. <br />alman, or the South Bend Building Corporation. <br />s it possible to define for us how much of <br />he interest in the South Bend Cor_oration does <br />�r. Kalman have? <br />-22- <br />MOTION PASSED <br />INDICATING THE DEPT. OF <br />REDEVELOPMENT'S INTENT <br />TO CONVEY THE ODD FELLOWS <br />BUILDING TO THE SOUTH <br />BEND BUILDING CORP. <br />
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