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South Bend ftdevelopment Commission <br />Rescheduled Regular Meeting - January 27, 1986 <br />7. NEW BUS$NESS (Cont.) <br />facade zmd upgrading the occupied space. Our <br />eventual. plan is to promote the property and <br />put it tip for sale. <br />The acTtisition of the Theater was divided <br />into two parts. One part was owned by various <br />members of the Toepp family and the other St. <br />Mary's College. The total acquisition price <br />was $128,650. <br />Mr. Pitts reported that someone is looking at <br />the L. Keen building with great interest. If <br />the potential buyer does not progress within a <br />few we s, the staff will proceed into an <br />active marketing of the building with the <br />possibility of hiring a realtor. <br />8. NEXT COWISSION MEETING <br />0 <br />The nex# Regular Meeting of the Commission <br />will be held on Friday, February 14, 1986 at <br />10:00 a m. <br />NEXT COMMISSION MEETING <br />There being no further business to come before ADJOURNMENT <br />the Cormlission, Ms. Auburn made a motion that <br />the meeting be adjourned. Mr. Paisecki <br />seconded the motion and it was unanimously <br />carried The meeting was adjourned at 10:40 <br />a.m. <br />Jay Nimt#X Preside J9fi R. Hunt, Exe utive <br />-8- <br />