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RM 03-05-99
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RM 03-05-99
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South Bend Redevelopment Commission <br />Regular Meeting - March 5, 1999 <br />6. NEW BUSINESS (CONT.) <br />b. Commission approval requested for <br />Resolution No. 1670 Amending the <br />Airport Economic Development Area <br />Development Plan. <br />Upon a motion by Mr. Blake, seconded by COMMISSION ADOPTED RESOLUTION NO. 1670 <br />Ms. Schwartz and unanimously carried, AMENDING THE AIRPORT ECONOMIC <br />the Commission adopted Resolution No. DEVELOPMENT AREA DEVELOPMENT PLAN <br />1670 Amending the Airport Economic <br />Development Area Development Plan. <br />c. Commission approval requested for 7 Z <br />Resolution No. 1671 approving an <br />application for real property tax <br />deduction for property in the Sample - <br />Ewing Development Area. (Dept. of <br />Community and Economic <br />Development (Division of <br />Redevelopment), Board of Public <br />Works and American Homes Dreams, <br />Inc.) <br />Nancy Van Scoyk presented the following <br />staff report to the Commission for its <br />consideration. <br />American Home Dreams, Inc. will <br />construct more than twenty homes <br />throughout the site. This petition covers <br />eight homes. The homes will be not less <br />than 1,500 sf each, with up to three <br />bedrooms, two and a half baths, a full <br />basement and a one or two car garage. <br />The sales price of each home will be <br />approximately $70,000 to $75,000 and the <br />homes will be available to low and <br />moderate income, first -time homebuyers. <br />Qualified buyers will also be eligible for a <br />HAWPDATA \C0MMSN\030599.MIN -7- <br />
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