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South Bend edevelopment Commission <br />Regular Meeting - October 26, 1990 <br />6. NEW BUSINESS (Cont.) <br />d. continued... <br />property at 512 S. Rush. The property <br />awncx has indicated they intend to <br />r ilitate the property and move into <br />it. The staff has looked at the <br />properties that this owner has previously <br />renovated and has inspected this property <br />and would like to recoYmmnd that we <br />witIldraw our purchase offer and allow the <br />property owner to redevelop the property, <br />Pazzel M10 -3. The property owner's name <br />is Perda and it is listed on our <br />accr4isition list as the Reiso <br />Ms. Kolata stated that we sent the <br />p offer and the owner came back <br />and said they intended to move into the <br />house and rehabilitate it and it would be <br />their residence. They had previously <br />r ilitated a house in the 900 block of <br />W. LaSalle. Ms. Robinson and Ms. Hickey <br />met with Mr. & Mrs. Derda and went <br />through the house on LaSalle as well as <br />the house on Rush and it's their <br />reccmye.ndation that we withdraw the offer <br />at this time. They intend to start some <br />of the work imBdiately, and not complete <br />it before next spring. We intend to <br />monitor that. They need to do a good <br />rehobil itation otherwise we would come <br />ba and ask you to reissue your purchase <br />off 6r. <br />wi <br />a motion made by Mr. Donoho, <br />ded by Mr. Combs and unanimously <br />ed, the Commission approved the <br />rawal of the purchase offer for <br />rty at 512 S. Rush in the South Bend <br />al Development Parcel M10 -3. <br />-37- <br />CrW4rSSION APPROVED THE <br />WITHDRANAL OF PURCHASE r` OFFER <br />FOR PROPERTY AT 512 S. RUSH IN <br />THE SOUTH :arD CENTRAL <br />DEVELOPMENT AREA. PARCEL M-10-3. <br />