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South Bend <br />Regular Me <br />alogne1t Commission <br />- October 11, 1991 <br />a. continues... <br />Nom.. RANJSANIJAT: Fran this step here now, <br />who if we wanted to develop that <br />property? Put a restaurant on there or a <br />bui ding on there, or something. <br />NE. AUBURN: It would not necessarily stop <br />our acquisition of that property. <br />Ce inly a discussion with Ann Kolata <br />and Jon Hunt would be in order. <br />M2. BURF: But neither would it preclude <br />the partnership from looking at <br />develcpment on the site. We're not <br />savLncr that either. <br />NF. AUBURN: No. I think that's certainly <br />the first indication we might have had of <br />tha information. I don't know if you <br />wan to talk about that in public yet. <br />CAR ITR WOLF: I think it's important that <br />the Plan be amended because of the fact <br />tha in 1987 the central plan of the <br />Mid 'gan Corridor does require inf ill on <br />all Michigan Street frontage. For that <br />to neppen we are certainly going to need <br />cooPeration or control of that property, <br />parAcularly to make this corner building <br />M2. DAVIS: I have been dealing with Allen <br />Schrager who owns the corner building and <br />in conversation. with him just two weeks <br />ago he told me he has no interest in <br />inv sting any money in South Bend, at <br />least for two or three years until the <br />r estate market turns around. I <br />ser'ously doubt that he is going to do <br />any g with that building, other than <br />the facade. <br />JIM CRONK: 702 E. LaSalle. Why does the <br />CitY feel that they need to acquire the <br />p rty. I have a problem understanding <br />if Central Business District was <br />fi t established in, what, 1960? Here <br />it s 1990 and you are still wanting to <br />-7- <br />