RM 01-24-92 - Laserfiche WebLink

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South Bend edevelopment Commission Regular Mee ing - January 24, 1992 6. NEW BUSINESS (Cont.) p. conpinuea... Q The first is an offer of $20,000 for Par el 4 -10 located at 1110 S. Franklin. The staff recommends accepting the offer. Upon a motion by Mr. Piasecki, seconded by Ms. Huddleston and unanimously carried, the Commission accepted the counter-offer of $20,000 for parcel 4 -19 in he Studebaker Corridor Development Are (1110 S. Franklin) . The second is an offer of $25,000 for Par els 5 -11, 5 -12, and 5 -13 located at 1311 S. Franklin. The staff recommends acc pting the offer. Upon a motion by Mr. Piasecki, seconded by Ms. Huddleston and unanimously carried, the Commission accepted the counter-offer of $25,000 for Parcels 5-1L, 5 -12, and 5 -13 in the Studebaker Cor idor Development Area (1314 S. Fra klin) . Mrs. Kolata noted that there are two parcels in the 1100 block of S. Michigan Street, recently added to the Studebaker Corridor Development Area, which we are preparing to add to the acquisition list. In order to do so we must order survey, title and appraisal work on the in. The staff received proposals from Peirce and Associates for $175 per lot, fran Fisher Surveyors and Engineers for $325 for the first lot and $225 for the sec nd lot, and from Lan Feeney & Ass ciates for $175 per lot. The staff rem mmends hiring Lang Feeney and Ass ciates for a cost of $175 per lot for the survey work. -12- COMMISSION ACCEPTED THE COUNTER -OFFER OF $20,000 FOR PARCEL 4 -19 IN THE STUDEBAKER CORRIDOR DEVELOPMENT AREA (1110 S. FRANKLIN) COMMISSION ACCEPTED THE COUNTER -OFFER OF $25,000 FOR PARCELS 5 -11, 5 -12, AND 5 -13 IN THE STUDEBAKER CORRIDOR DEVELOPMENT AREA (1314 S. FRANKLIN)