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South Bend Redevelopment Commission <br />Regular Meeting - May 19, 1995 <br />6. NEW BUSINESS <br />C. continued... <br />proposes to purchase Disposition Parcel <br />No. 16 at the southeast corner of Garst and <br />Lafayette for $12,000. This parcel contains <br />43,641 square feet, and was offered for sale <br />with a minimum bid price of $31,650.00. <br />Midwest Machine Products, Inc. proposes to <br />construct a 7,700 square foot building. <br />They are currently renting 3,200 square feet <br />in Monroe Park and need room to expand. <br />The proposed building will be a pre- <br />engineered metal building with masonry <br />wainscoting along the west and north walls <br />of the structure. The east wall will have <br />brick wainscoting in the area adjacent to the <br />River Bend Hose parking lot. Mrs. Kolata <br />noted that part of the east side of the <br />building will not be visible from the street, <br />so the portion not visible may not have the <br />masonry wainscoting. The south wall of the <br />building will be an expansion wall, and will <br />not have wainscoting. <br />Midwest Machine is a precision aerospace <br />machine shop that manufactures bodies, <br />valves, farules, straighteners, and sleeves for <br />jet engine fuel control systems. The parts <br />are all small, hand -held pieces that are <br />predominently made of stainless steel, using <br />very small precision computer controlled <br />lathes. They have recently purchased four <br />additional computerized lathes, and will take <br />delivery of those machines, along with <br />hiring additional personnel, when they <br />complete the new building. While the <br />purchase price offered is lower than our <br />minimum bid price, the staff recommends <br />-5- <br />