RM 03-07-97 - Laserfiche WebLink

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South Bend Redevelopment Commission Regular Meeting - March 7, 1997 6. NEW BUSINESS (Cont.) a. continued.... their bids in to the General Services Administration by next Friday. Both Mr. Gould and Mr. Harrison agreed that they could respond by 5:00 p.m. Wednesday. Ms. Schwartz made the following motion: ► That parcels A, B, and C, as previously described, be awarded to the recipient of the General Services Administration approved project, bid either by SSP Properties or Mr. and Mrs. Gould, subject to the following: • Site control will be provided only if the developer receives General Services Administration's approval for the Social Security Building on a part of that site. • The Social Security Administration Building will be at least 13,000 sft. • There will be at least one other building constructed on the site within 3 years of the date of award of the General Services Administration Social ` Security project, and that building be at least 8,000 sft. • The recipient also will work with the staff to assure high quality urban design and site improvements, complimentary with the Transpo Center. • Redevelopment receives free and clear the total amount of $70,000 for the 3 parcels, "as is ". • A 10% bid and performance bond be filed with the Commission by 5:00 p.m. on Wednesday, March 12, 1997. • Until that time, both developers have the opportunity to review any and all environmental studies and reports the Commission has received or has asked for those parcels. • The developer will bear all costs of demolition, environmental work, development, all sidewalks, and other public site improvements. • The Commission will not be recommending tax abatements for projects developed on these parcels. The motion was seconded by Mr. Hunt COMMISSION APPROVED THE DISPOSITION OF and unanimously carried. PROPERTY IN THE SOUTH BEND CENTRAL DEVELOPMENT AREA (602 S. MICHIGAN) H: WOME \CPHMPS \WPDATA \COMMSN\030797.MIN -14-