RM 01-27-86 - Laserfiche WebLink

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South Bend Redevelopment Commission Reschedule4 Regular Meeting - January 27, 1986 6. NEW BUSINESS (Cont.) c. uontinuea... Upon a motion made by Ms. Auburn seconded by Mr. Donoho and unanimously carried, the Conmission approved temporary leases in conjunction with the acquisition within the South Bend Central Development Area. d. Commission approval requested for an real property within the South Bend Central De\;elqpmnt Area. Mr. Hunt explained that the parcel in question is commonly referred to as the Coffman property located in the East Bank on the coiner of LaSalle Street and the St. Joseph Ri -ser. Some time ago this parcel was put on th acquisition list of the Redevelopment Conmission. In the meantime, a group of doctors, through their representatives, notified the Commission that they were interested in the parcel, and were working with the owner on an agreement to purchase the site for the development of an 8- 13,000 square fo t building for an orthopedic /sports medicine center and doctors' offices. The Conmission directed the staff to review the project, and has agreed to allow the project to continue and therefore will not acquire the pr perty. In return the partnership has agreed to certain terms and conditions on how thE property should be developed. Some of those items include giving the City an easement at the top of the riverbank to co tinue the development of the riverwalk as furds become available, limit parking to 60 spaces, applying for tax abatement for three years only if the building reaches 13,000 S re feet, and allowing the Design Review Co 'ttee to review and approve the project Ms.1 Auburn noted for the record that she had a co flirt of interest and would not vote on the U n a motion made by Mr. Piasecki, seconded by . Donoho and unanimously carried, the Co 'ssion approved an Agreement with Tripods -4- COMMISSION APPROVED TEMPORARY LEASES IN CON- JUNCTION WITH THE ACQUISITION WITHIN THE SOUTH BEND CENTRAL DEVELOPMENT AREA