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RM 03-31-94
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RM 03-31-94
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South Bend Redevelopment Commission <br />Rescheduled Regular Meeting - March 31, 1994 <br />6. NEW BUSINESS (Cont.) <br />1. continued... <br />The staff recommends accepting the proposal <br />from Apollo Precision Machine, contingent <br />upon staff design review of the project to <br />make sure it meets the covenants and design <br />guidelines for the Airport Economic <br />Development Area. The staff also <br />recommends that it continue to work with <br />Interplan to find another suitable location in <br />the area for their project. <br />Mrs. Kolata asked what the construction <br />schedule is. Mrs. Teske responded that they <br />intend to begin construction immediately and <br />be in the building before the year ends. <br />Mrs. Kolata noted that the staff was faced <br />with a difficutlt situation because of the two <br />strong proposals. The staff recommendation <br />for the Apollo project is based on the <br />manufacturing jobs that will be created and <br />because they are ready to begin construction <br />immediately. The Interplan proposal is more <br />speculative since the proposed tenant has not <br />get been identified. <br />Upon a motion by Mr. Faccenda, seconded <br />by Mr. Sharp and unanimously carried, the <br />Commission accepted the proposal from <br />James and Linda Teske for Disposition Lot 5 <br />in the Toll Road Industrial Park portion of <br />the Airport Economic Development Area. <br />a. Commission approval requested for grant <br />connection with the West Washington Loan <br />Program for property located at 1010 W. <br />Jefferson. (Carol Smith) <br />ko -9- <br />COMMISSION ACCEPTED THE PROPOSAL <br />FROM JAMES AND LINDA TESKE FOR <br />DISPOSITION LOT 5 IN THE TOLL ROAD <br />INDUSTRIAL PARK PORTION OF THE <br />AIRPORT ECONOMIC DEVELOPMENT AREA <br />
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