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South Bend evelopment Commission <br />Rescheduled Regular Meeting - June 27, 1990 <br />6. NEW BLJSnNESS (Cont.) <br />a. continues... <br />plan. Nine is the credit union <br />estment, that's the capital <br />estment that I've talked to you <br />ah)ut. Ten is the adverse effect -- -that <br />raLIly is an adverse effect that we have <br />s ggled with ever since we've tried to <br />wo k with Ann Kolata and Mr. Hunt and <br />tr ed to figure out where we're <br />go ---we have withheld some <br />rovement to the building that we are <br />in we've withheld the possibility of <br />ion, even to the tune of a <br />sa llite office at another location in <br />the county. And then, the regulatory <br />authorities is item number 11 on the <br />agenda. I ask you and encourage you to <br />d, please, carefully, those items <br />becmuse I have only synopsized them for <br />you, but I think that if you read them <br />ycxi will see that it probably is well <br />thit the property of the Policemen's <br />Federal Credit Union be excluded from <br />the acquisition plan today, even though <br />thit may well happen down the road <br />aways. So for those reasons, we ask <br />t the property owned by Policemen's <br />F eral Credit Union be excluded from <br />lution No. 937 on the present <br />a 'sition list. <br />Mr�Nimtz : Does anybody have any <br />qu ticns to ask Mr. Herendeen? <br />were no questions for Mr. <br />Mr. Nimtz: Mrs. Kolata, if we so <br />de.sire, could we pass Substitute <br />Resolution No. 937 and eventually work <br />out a plan or some arrangement to leave <br />th Policemen's Credit Union in place? <br />Ms Pfotenhauer: You can adopt the <br />resolution today and amend it in the <br />future if you wish. <br />CM <br />