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South Bend Redevelopment Commission <br />Regular Meeting - November 21, 1997 <br />6. NEW BUSINESS (CONT.) <br />g. continued.... <br />property -1101 South Michigan and I <br />want to stay. I have a business interest in <br />it also. <br />Mr. Hunt asked if there was anyone else <br />who wished to speak regarding Resolution <br />No. 1550. <br />BLUIE MARKS: I live at 1123 South <br />Michigan Street and also own 1115 South <br />Michigan Street. I have been there for <br />over twenty -two years. I have all my life <br />invested in that place. I surely don't want <br />to move, and I am fixing up the building <br />next door. I am going to go ahead and <br />renovate it and remodel it. There is no <br />way I want to move. It not only has <br />sentimental value, but I have all my life <br />invested in that place. <br />Mr. Hunt asked if there was anyone else <br />who wished to speak regarding Resolution <br />No. 1550. <br />KEVIN BUTLER: I think when Kathy <br />was speaking and used the words <br />"speculation at a tax sale," I don't think <br />that she intended that as a pejorative, but I <br />think that it often times does have a <br />pejorative sense. I just wanted to clear <br />that up. The tax sale process is a statutory <br />process and there are companies <br />throughout the country that have gotten <br />involved in the tax sale process. If the <br />monies that they pay at the first step is <br />ultimately redeemed, they of course do get <br />HAHOME \CPHIPPS\WPDATA \COMMSN\l 12197.MIN -32- <br />