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03-28-08 Redevelopment Commission Minutes
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03-28-08 Redevelopment Commission Minutes
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South Bend Redevelopment Commission <br />Regular Meeting -March 28, 2008 <br />6. NEW BUSINESS (CONT.) <br />C. South Bend Central Development Area <br />(2) continued... <br />mentioning are that the Commission will <br />escrow a percentage of the sale price to close <br />the terms of the agreement. The Commission <br />will take possession of the property <br />September 1, 2008; if, however, Gates has <br />not vacated the property by then, Gates will <br />become a tenant in the building until they <br />vacate. When they leave, they are to turn the <br />building over free of all automotive related <br />products. <br />Mr. Downes made a motion to approve <br />Resolution No. 2433 approving and <br />accepting a counter offer for the acquisition <br />of property in the South Bend Central <br />Development Area. Mr. Blake seconded the <br />motion. The motion carried on a vote of <br />three to one with Mr. Peczkowski opposed. <br />D. Airport Economic Development Area <br />(1) Commission approval requested for <br />proposal for professional services in the <br />Airport Economic Development Area. <br />(related to acquisition of 2020 S. Main St) <br />Mr. Schalliol noted that 2020 S. Main is the <br />former EMI property. As part of the city's <br />due diligence for considering acquisition and <br />redevelopment of this site, Wightman Petrie <br />has submitted a proposal in the amount of <br />$19,520 to provide a variety of services at <br />this property, including boundary surveys, <br />asbestos inspection, testing and report, <br />material characterization and disposal, <br />preparation of demolition specifications, and <br />COMMISSION APPROVED RESOLUTION NO. 2433 <br />APPROVING AND ACCEPTING A COUNTER OFFER <br />FOR THE ACQUISITION OF PROPERTY IN THE <br />SOUTH BEND CENTRAL DEVELOPMENT AREA <br />(401 WEST WESTERN, CHEVY WORLD INC. <br />20 <br />
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