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South Bend Redevelopment Commission <br />Regular Meeting - November 19, 1999 <br />6. NEW BUSINESS (CONT.) <br />a. continued... <br />Richard L. Best. <br />At that time the Redevelopment Commission <br />directed the staff to review both proposals and <br />to give their recommendation today. <br />Mrs. Kolata presented the following staff report <br />to the Commission for its consideration. <br />The proposals were evaluated based on specific <br />criteria outlined in the proposal documents and <br />forms for land disposition provided to the <br />Bidders. Those criteria were identified as <br />follows: (1) The size and character of the <br />improvements proposed by the Bidder to be <br />constructed on the property, the Bidder's plans <br />and ability to improve the real estate with <br />reasonable promptness, whether the real estate, <br />when improved, will be sold or rented, the <br />Bidder's propose sale or rental prices, and any <br />factors which will assure the Commission that <br />the sale or lease, if made, will further carry out <br />the Development Plan and will best serve the <br />interest of the community, both from the <br />standpoint of human and economic welfare; (2) <br />The degree to which the proposal meets the <br />objectives of the Development Plan for the <br />Development Area prepared by the Department <br />of Redevelopment and approved by the <br />Redevelopment Council, Area Plan <br />Commission and the Common Council; (3) The <br />financial responsibility, qualifications, <br />experience and ability of the Bidder to finance <br />and complete the development; (4) Additional <br />investment proposed, which best implements <br />the Downtown or East Bank Plans; (5) The <br />ME <br />