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South Bend Redevelopment Commission <br />Regular Meeting - November 6, 1992 <br />6. NEW BUSINESS (Cont.) <br />d. continued... <br />industrial park land was bought as a <br />large unit. <br />Mrs. Kolata noted that the price for the <br />property is low because, although it is <br />almost nine acres of land, a large <br />portion of it is a retention pond. Only <br />some of the ground is buildable. We are <br />working with someone who is interested in <br />developing the property to the south of <br />it and wants this portion also. <br />Upon a motion by Ms. Huddleston, seconded <br />by Mr. Faccenda and unanimously carried, <br />the Commission approved Resolution No. <br />1114 approving the Fair Reuse Value of <br />property in the Airport Economic <br />Development Area. (Parcel 18B) <br />e. Commission approval requested for Bid <br />Svecifications and Design Considerations <br />for Parcel 18B in the Airport Economic <br />Development Area. <br />COMMISSION APPROVED RESOLUTION <br />NO. 1114 APPROVING THE FAIR REUSE <br />VALUE OF PROPERTY IN THE AIRPORT <br />ECONOMIC DEVELOPMENT AREA (PARCEL <br />18B) <br />Upon a motion by Mr. Faccenda, seconded COMMISSION APPROVED THE BID <br />by Ms. Huddleston and unanimously SPECIFICATIONS AND DESIGN <br />carried, the Commission approved the Bid CONSIDERATIONS FOR PARCEL 18B IN <br />Specifications and Design Considerations THE AIRPORT ECONOMIC DEVELOPMENT <br />for Parcel 18B in the Airport Economic AREA <br />Development Area. <br />f. Commission approval requested to Dublish <br />Notice of Intended Sale of Property in <br />the Airport Economic Development Area <br />with Dublication dates to be November 13 <br />and November 20, 1992, and receipt of <br />bids to be at 10:00 a.m., December 4. <br />1992. <br />Upon a motion by Ms. Huddleston, seconded <br />by Mr. Faccenda and unanimously carried <br />the Commission authorized publication of <br />the Notice of Intended Sale of Property <br />in the Airport Economic Development Area <br />with publication dates to be November 13, <br />and November 20, 1992, and receipt of <br />bids to be at 10:00 a.m., December 4, <br />1992. (Parcel 18B) <br />-8- <br />COMMISSION AUTHORIZED PUBLICATION <br />OF NOTICE OF INTENDED SALE OF <br />PROPERTY IN THE AIRPORT ECONOMIC <br />DEVELOPMENT AREA WITH PUBLICATION <br />DATES TO BE NOVEMBER 13, AND <br />NOVEMBER 20, 1992, AND RECEIPT OF <br />BIDS TO BE AT 10:00 A.M., <br />DECEMBER 4, 1992 (PARCEL 18B) <br />