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.,South Bend Redevelopment Commission <br />egular Meeting - October 16, 1992 <br />6. NEW BUSINESS (Cont.) <br />e. continued... <br />Mr. Hunt noted that we received two bids <br />by the 10:00 a.m. deadline: a $7,600 bid <br />from Schafer Gear for Parcel 6 and a <br />$23,100 bid from Policemen's Federal <br />Credit Union for Parcel 20. <br />Mr. Pocius noted that Parcel 20 is <br />approximately 33,200 square feet, located <br />on the northeast corner of Stull and Main <br />Streets. Parcel 6 is approximately <br />13,000 square feet, is located near the <br />southeast corner of Tutt and Main <br />streets, commonly known as 802 S. Main. <br />Ms. Manier reviewed both bid packets and <br />found them complete. <br />Upon a motion by Mr. Piasecki, seconded <br />by Mr. Donoho and unanimously carried, <br />the Commission accepted the bid from <br />Policemen's Federal Credit Union for <br />Parcel 20 and the bid from Schafer Gear <br />for Parcel 6 and referred the bids to the <br />staff for review and comment. <br />Mr. Herendeen, representing Policemen's <br />Federal Credit Union, asked the <br />Commission to consider the bid for Parcel <br />20 prior to the next Regular Meeting of <br />the Commission. Policemen's Federal <br />Credit Union needs to begin construction <br />promptly in order to complete <br />construction by June 1993. He asked if <br />the Commission could accept the bid today <br />because the staff is very familiar with <br />what the bid contains. The acceptance <br />could be subject to acceptable review by <br />the staff. <br />Mr. Doshi noted that they were not in any <br />hurry for authorization to proceed. They <br />will not be starting construction before <br />spring. <br />Ms. Auburn indicated that the Commission <br />is sympathetic to the credit union's need <br />for a timely response and will try to <br />hold a Special Meeting to consider this <br />-5- <br />COMMISSION ACCEPTED THE BID FROM <br />POLICEMEN'S FEDERAL CREDIT UNION <br />FOR PARCEL 20 AND THE BID FROM <br />SCHAFER GEAR FOR PARCEL 6 AND <br />REFERRED THE BIDS TO THE STAFF <br />FOR REVIEW AND COMMENT <br />