RM 05-10-91 - Laserfiche WebLink

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South Bend edevelcpment Coimnission Regular Mee ing - May 10, 1991 6. NEW BUSOMS (Cont.) a. continued... .y." So it will be a couple of before purchase offers are sent. RICK BRIT: Address, 1441 Sutherland. I'm representing the property at 230 S. Cha in. We happen to not be an empty lot We are a going operation. on empty property, the timetable isn't quite as rtant as when you have an operation tha is going to have to relocate. My Board of Directors is concerned with loo dng for properties to relocate, but also finding out some kind of time tab e. Is it going to be six months before we have to be out, a year before we love to be out, two months before we have to be out? We've got a lot of work on our end to do before that. But the ing price and relocation funds are also very important to us. We want to be able to work hand in hand with you, but also make everything kind of mesh toq ther at the same time. i•i. 180 KOIATA: If the purchase offers It go out for two months, it is very )rtant that you not move before that ;base offer comes out. 'There are )cation benefits available to property xs, and to tenants if you have net :ain residency requirements (usually days for a homeowner and 90 days for ants). Hedy Robinson is our )cation specialist and will be working i every homeowner, tenant and business : is in the area to bring to them the )cation benefits that they are Ltled to. But you should not move ire the purchase offer is sent to you fuse that is your eligibility for )cation benefits. once we send a Phase offer, then Hedy will start ping with you, helping you to identify x locations and letting you know how i money would be available to you from )cation. That is somewhat independent 1 the purchase price. -7-