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South Bend Redevelopment Commission <br /> Regular Meeting—November 8, 2012 <br /> 6. NEW BUSINESS <br /> C. South Bend Central Development Area <br /> (1) continued... <br /> Upon a motion by Mr. Varner, seconded by Mr. Downes and unanimously carried, the <br /> Commission approved the Agreement for License with 112 West Jeff, LLC for renovation at <br /> the southwest corner of Michigan and Jefferson. (Citizens' Bank& Trust Plaza) <br /> (2) Agreement for Sale of Land for Private Development with Maribeth Roncz for 502 W. <br /> Western Ave. <br /> Mr. Relos noted that in July 2011 this property was taken through the disposition process, <br /> with no bids being received. There is now an interested party who would like to acquire and <br /> rehabilitate this property into a vocational training facility. <br /> Maribeth Roncz would like to proceed with a Contract for Sale for this property, so she can <br /> make the necessary improvements to turn this vacant building into a community asset. These <br /> improvements will enhance this southwest corner of Western& William, and the general <br /> Coveleski area. <br /> Highlights of the Contract for Sale are: <br /> • $750 sales price <br /> • $30,000 in property improvements in a one year period <br /> • No tax abatements sought for any part of the development <br /> • Self-financed acquisition and rehabilitation <br /> • Restrictions for use of property <br /> • Title reinvestment upon certain events. <br /> Staff requests Commission approval of this Contract for Sale. <br /> Mr. Downes asked for an explanation of what type of vocational training is intended. What <br /> is the business plan? Mr. Mark Scott responded that they have run a construction ministry in <br /> town for several years called MC3. They hoped to make this kind of a hub for this <br /> community, which they have. They recently finished the 747 S. Michigan to house the <br /> Millers Vets Center for the Center for the Homeless. That was done 80% by volunteers from <br /> the community, both within our ministry and with community involvement. We hope to use <br /> this building to store equipment and to train people with no skill sets to do construction work <br /> by performing construction for other non-profit organizations. <br /> Mr. Downes asked if there would be much outside storage. Mr. Scott responded that there <br /> would be none. <br /> 7 <br />