Laserfiche WebLink
South Bend edevelopment Commission <br />Special Me ing - December 16, 1985 <br />3. NEW BUSINESS (Cont.) <br />a. Continued... <br />also the need for the financing on the private <br />si to come together in the proper fashion. <br />Upon a motion made by Mr. Donoho, seconded by <br />Mr. Combs and unanimously carried, the <br />ComTEssion authorized the President and <br />Secretary to execute a contract for sale of <br />land to Mill Race, an Indiana Limited <br />Partnership, with the conditions that the sale <br />price be $96,000, that they be the successful <br />bidder on the former Luther Beverage site, <br />that they obtain FAA approval and meet any <br />other necessary zoning requirements for a <br />sev teen story building, that they start <br />construction within six months, that the <br />co letion date be within 24 months after the <br />start of construction, and that there be <br />additional staff discussion on site placement <br />and the relationship between the East Race and <br />the site. The offer for execution of the <br />contract for sale of land will expire December <br />31, 1985. <br />4. NEXT CO*ISSION MEETING <br />a <br />M <br />The Co 'ssion will recess until 5:00 p.m. <br />this of ernoon. If a meeting is not necessary <br />at that time, this will be considered the <br />adlournment. <br />RECESSION OF MEETING <br />COMMISSION AUTHORIZED THE <br />PRESIDENT AND SECRETARY TO <br />EXECUTE A CONTRACT FOR SALE <br />OF LAND TO MILL RACE, AN <br />INDIANA LIMITED PARTNERSHIP, <br />FOR PARCELS E3 -3 AND E3 -4 <br />WITH CONDITIONS AS OUTLINED <br />NEXT COMMISSION MEETING <br />There being no further business to come before REICESSION OF MEETING <br />the CormLission, Mr. Donoho made a motion that <br />the meeting be recessed. Mr. Combs seconded <br />the motion and it was unanimously carried. <br />The meeting was recessed at 11:30 a.m. <br />Mr. <br />the <br />Nimtz <br />the pr <br />of the <br />reconvened the Special Meeting of <br />lopment Commission at 5:00 p.m. <br />ers Piasecki, Donoho, Combs and <br />present. The Conu&ssion discussed <br />t further and no additional action <br />mission was required. <br />-4- <br />RECONVENED MEETING CALLED <br />TO ORDER <br />