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South Bend Redevelopment Commission <br />Regular Meeting - November 21, 1997 <br />6. NEW BUSINESS (CONT.) <br />g. continued.... <br />suburbs of Maryland. We would request <br />that the Commission not include this <br />property on the acquisition list. This is a <br />property that is going to be developed by <br />the current owner of that property and <br />sold. If you have any questions, I will be <br />happy to answer them. <br />Mr. Hunt asked if Mr. Butler's client <br />currently has plans to develop the <br />property. <br />KEVIN BUTLER: Yes, that is there plan. <br />When they demolished the building, that <br />was their plan to then subsequently build. <br />Mr. Hunt asked if there was a time <br />schedule for developing the property. <br />KEVIN BUTLER: Within a year to a year <br />and a half the property will be built and <br />sold. <br />Mr. Auburn asked how long has American <br />Bankers Assurance been in business. <br />KEVIN BUTLER: American Bankers has <br />been in business since 1720 maybe ... for a <br />long, long time. I don't know exactly for <br />how long. American Bankers Assurance <br />Company is a large life insurance <br />company. <br />Ms. Auburn asked if there were any code <br />enforcement issues with the current <br />property owner. <br />H: \[-TOME \CPHIPPS \WPDATA \COMMSN\I 12197.MIN -24- <br />