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South Ben{ Redevelopment Commission <br />Regular eting - April 26, 1985 <br />6. NEW BtJSINESS ( COnt . ) <br />e. uonrinuea... <br />s. Kolata explained that Resolution 729 was <br />eviously adopted amending the urban renewal <br />an for the downtown area by adding a parcel <br />the acquisition list. Resolution No. 729 <br />nt before the Area Plan Commission and was <br />proved. It then went to the City Council <br />ere it was not approved. The ConTrtission <br />nnot go ahead to acquire the parcel without <br />ty Council approval, and, therefore, <br />solution No. 735 requests that Resolution <br />729 be officially rescinded. <br />Dn a motion made by Ms. Auburn, seconded by <br />. Piasecki and unanimously carried, the <br />mission approved Resolution No. 735 which <br />scinds Resolution No. 729. <br />f. C mnission authorization requested to amend <br />th the Contract for Sale of Land and Deed <br />f r the property located at Washington and <br />Pain Streets to conform to the request of <br />T achers Credit Union. <br />Schwartz explained that the Commission <br />eived a letter from Mr. Ben Hawkins, <br />sident, Teachers Credit Union, relating to <br />Teachers Credit Union application for an <br />an Development Action Grant. The letter <br />uests that the Commission amend both the <br />tract for Sale of Land and Deed for the two <br />cels that Teachers Credit Union has <br />chased from the Commission to reflect <br />nges in the time for beginning and <br />pletion of construction. Teachers Credit <br />on is requesting that those two documents <br />amended to reflect the updated construction <br />edule with a start date of July 1st and <br />Dletion date within 15 -18 months later. <br />)n a motion made by Mr. Piasecki, seconded <br />Mr. Donoho and unanimously carried, the <br />emission authorized the President and <br />!retary to execute the Contract for Sale of <br />Ld and Deed for the property located at <br />,hington and Main Streets to conform to the <br />ruest of Teachers Credit Union. <br />-14- <br />COMMISSION APPROVED <br />RESOLUTION NO. 735 WHICH <br />RESCINDS RESOLUTION NO. <br />729 <br />COMMISSION AUTHORIZED THE <br />PRESIDENT AND SECRETARY <br />TO EXECUTE THE CONTRACT <br />FOR SALE OF LAND AND DEED <br />FOR THE PROPERTY LOCATED <br />AT WASHINGTON & MICHIGAN <br />STREET'S TO CONFORM TO THE <br />REQUEST OF TEACHERS CREDIT <br />UNION <br />