RM 02-24-84 - Laserfiche WebLink

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South Bend edevelopment Commission Regular Meeting - February 24, 1984 4. There w(tre no communications. 5. OLD There was no old business. 6. NEW BUS a. Report on bid opening of February 21, 1984, relative to Disposition Parcels 4 -67 and 4 -68 in the Central Downtown Urban Renewal Area. Mrs Kolata gave a report of the bid opening of Tuesday, February 21, 1984 for Parcels 4 -67 and 4 -68 in the Central Downtown Urban Renewal Area. The minimum bid amount was $42,107.00. One bid was received from Teachers Credit Union in the amount of $44,000.00. Teachers Credit Union has proposed to constuct a six stoiy office building containing approximately 71, 00 square feet. The office would be used for the office operations of the Credit Union. The proposed groundbreaking is for September 1, 1984 with construction to be completed by app oximately September 1, 1986. Mrs. Kolata explained that there is one outstanding matter that needs to be resolved concerning removal of two basement walls of the old Odd Fellows Building. Ms. Schwartz stated that the bid, as advertised, had several possible options for any bidder concerning the availability of leasing parking spaces from the City, the possibility of an easement to permit access for loading on the site to provide for better utilization of the site itself, and the pos ibility of vacation of alleys. Those mat rs were addressed in the Teachers Credit Uni bid and will be pursued. by D bid Di sx a motion made by Mr. Donaldson, seconded Piasecki and unanimously carried, the - eceived from Teachers Credit Union for )sition Parcels 4 -67 and 4 -68 in the -3- NO COMMUNICATIONS NO OLD BUSINESS BID WAS ACCEPTED FROM TEACHERS CREDIT UNION FOR DISPOSITION PARCEL 4 -67 AND 4 -68 IN THE CENTRAL DOWNTOWN URBAN RENEAM AREA IN THE AMOUNT OF $44,000