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RM 08-20-99
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RM 08-20-99
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South Bend Redevelopment Commission <br />Rescheduled Regular Meeting - August 13, 1999 <br />6. NEW BUSINESS (CONT.) <br />e. Commission approval requested for <br />officers to execute documents related <br />to the sale of land at the corner of <br />Michigan and Washington Streets to <br />Teachers Credit Union. <br />Mrs. Kolata stated that in February 1999, <br />the Commission accepted a proposal <br />from Teachers Credit Union to purchase <br />the property at the corner of Michigan <br />and Washington Streets. <br />All issues concerning the purchase of the <br />property have been addressed and the <br />final paperwork was presented to the <br />Commission for execution. The <br />documents include: (1) Contract for Sale <br />of Land for Private Redevelopment; (2) <br />Short Form Memorandum Concerning <br />the Sale of Land for Private <br />Development; (3) Lease Termination <br />Agreement; (4) Grant of Utility <br />Easement ( #2); (5) Grant of Utility <br />Easement ( 93); (6) Grant of Non - <br />Buildable continuous Easement ( #4). <br />Upon a motion by Mr. Blake, seconded <br />by Mr. Donoho and unanimously <br />carried, the Commission authorized the <br />officers to execute the documents related <br />to the sale of land at the corner of <br />Michigan and Washington Streets to <br />Teachers Credit Union. <br />-11- <br />COMMISSION AUTHORIZED THE OFFICERS TO <br />EXECUTE THE DOCUMENTS RELATED TO THE <br />SALE OF LAND AT THE CORNER OF MICHIGAN <br />AND WASHINGTON STREETS TO TEACHERS <br />CREDIT UNION <br />
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