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South Bend Redevelopment Commission <br />Regular Meeting - November 4, 1994 <br />6. NEW BUSINESS (Cont.) <br />a. continued... <br />the affected property owners and registered <br />neighborhood associations and neighborhood <br />leaders; 5) A copy of Resolution No. 1293 <br />which is the subject of the public hearing; 6) <br />As of 10:00 a.m. on November 4, 1994, <br />0 written remonstrances were received. <br />Ms. Auburn asked if there was any <br />objection to entering these items into the <br />record. There was no objection and the <br />items were so entered. <br />Mrs. Kolata explained that Resolution <br />No. 1293 adds a portion of one parcel of <br />property in the downtown area to the <br />SBCDA acquisition list. We do not intend <br />to acquire the building (Central High <br />School), but only the property around the <br />building in order to make public <br />improvements on that property and then to <br />lease it back to the owner of the building. <br />We originally intended to lease the land <br />from the owner, make the improvements, <br />then lease it back, but the attorneys prefer <br />we own the land to make improvements. <br />Ms. Auburn opened the Public Hearing for PUBLIC HEARING ON RESOLUTION NO. 1293 <br />anyone who wished to speak. There was no <br />one who wished to speak. Ms. Auburn <br />closed the Public Hearing. <br />-7- <br />