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South Bend <br />Regular Mee <br />21 <br />elognent Commission <br />- October 11, 1991 <br />a. conF-inuea... <br />that speaks to acquiring the property. I <br />don't know if we do have plans that have <br />a t ime table. Maybe you do. But this <br />action today doesn't trigger that. <br />NS. AUBURN: But I think fran Mr. Davis' <br />standpoint, he'd like to know if we have <br />same kind of a time frame. <br />M5. HICKEY: We could have the Fair Market <br />Vale established by the next Commission <br />mee inct an the 25th. <br />MR. HUNT: So the Fair Market Value could <br />be established at the October 25 meeting <br />and then, can you take action to make an <br />offer at that meeting, also? <br />M9.IVANIER: Yes, we could adopt a <br />res lution setting the offering price. <br />MR. HUNT: Is that the schedule you were <br />loo dng for? I don't know what would <br />cha-ige that schedule. The appraisal and <br />revLew appraisal process would be done by <br />tha time. <br />MS. AUBURN: It sounds like there might be <br />a 1'ttle clearer time frame at our next <br />meeting. I know that's not a very clear <br />answer for you, and I'm sorry. <br />MR. HUNT: But it also gives you an <br />rtunity, there is another Commission <br />on e 8th of November. I think all the <br />nec ssary steps that the staff would have <br />to hit to prepare the information can be <br />VS. AUBURN: So, you may want to cam back <br />to e October 25 meeting, or call Ann <br />Kol to or Cleo after that meeting and get <br />a little clearer picture. <br />Ms. Auburn asked if there were any more <br />ccxnnents frcan the public. There were <br />none. Ms. Auburn closed the Public <br />.ME <br />