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South Bendel Redevelopment Commission <br />Reschedule4 Regular Meeting - August 25, 1989 <br />6. NEW BU8INE.SS (Cont.) <br />Mr. Ni*tz resumed the Chair for the remainder <br />of the Imeeting. <br />e. <br />Mrs. Kolata explained that Resolution No. <br />877A listed certain expenditures that the <br />Ci of South Bend had made in the Rum <br />Village Industrial Park, totalling <br />approximately $1,600,000 of UDAG funds. <br />t resolution authorized a $150,000 <br />reimbursement to the City at that time. <br />This resolution authorizes reimbursement <br />of an additional $350,000. <br />. Kolata noted that the Department of <br />Fr,oncmic Development plans to file an <br />Fip ropriation ordinance to appropriate <br />thit money for two purposes: (1) the <br />5cxpxisition of the Opelika building, and <br />(2 additional expenses for improvements <br />no of Seitz Park. <br />Up)n a motion by Mr. Piasecki, seconded <br />by Mr. Combs and unanimously carried, the <br />camnission approved Resolution No. 884 <br />au orizing reimbursement to the City of <br />Soith Bend for expenditures made within <br />Rum Village Industrial Park. <br />. Kolata explained that Parcel C4 -3 is <br />ated just north of the Jefferson <br />eet parking garage and across from <br />tury Center and the 1st <br />rce/Marriott Center. The Commission <br />ered into a contract with Combined <br />ital /nRco Office Associates several <br />is ago for development of this <br />perty as an office building. The <br />eloper has not met the deadlines in <br />t contract and the Commission has <br />OOZMSSION APPROVED RES0=ON <br />TO THE CITY OF • BEND FOR <br />EXPENDITURES MADE u THE RIM <br />VIIZA(M INDUSTRIAL •.. <br />