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South Bend Redevelopment Commission <br />Regular Meeting - July 16, 1993 <br />6. NEW BUSINESS (Cont.) <br />n. continued... <br />Mrs. Kolata noted that we received a <br />proposal from Anthony Murdock for the <br />property at 516 S. St. Joseph Street. <br />He proposes to pay $100 for the <br />property and to rehab it within <br />approximately 15 months. He intends <br />to repair the roof, install new interior <br />drywall and ceilings, new plumbing, <br />new heating system, ventilating and air <br />conditioning, new accessories and <br />fixtures, new electrical, new concrete <br />on the exterior, new fence, etc. He has <br />experience in construction and is a civil <br />engineer and feels that he can complete <br />the project. <br />Mr. Murdock stated that a reputable <br />lending source in Michiana has basically <br />committed to funding the project for <br />him. Upon inspection by the lender he <br />feels that the project can move forward <br />to completion on the schedule he <br />proposed. <br />The Commission received the bid and <br />referred it to staff for their <br />recommendation. <br />7. PROGRESS REPORTS <br />There were no Progress Reports. <br />8. NEXT COMMISSION MEETING <br />The Next Regular Meeting of the <br />Redevelopment Commission is scheduled for <br />Friday, August 6, 1993 at 10:00 a.m. <br />-23- <br />RECEIPT OF BIDS FOR DISPOSITION PARCEL <br />M18 -5 IN THE SOUTH BEND CENTRAL <br />DEVELOPMENT AREA (516 S. ST. JOSEPH <br />STREET) <br />THERE WERE NO PROGRESS REPORTS <br />NEXT COMMISSION MEETING <br />