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South Bend Redevelopment Commission <br />Regular Meeting -June 6, 2008 <br />6. NEW BUSINESS (CONT.) <br />B. Airport Economic Development Area <br />(4) continued... <br />money. We are trying to wrap up the last of <br />the details of this sale to get to closing. <br />Upon a motion by Mr. Blake, seconded by <br />Dr. Varner and unanimously carried, the <br />Commission authorized execution of the <br />acknowledgement of rights related to value <br />of the Stamping Plant property and agreeing <br />to accept the sum of $4,235,800 from <br />Transpo for the sale of the Stamping Plant <br />Property. <br />C. West Washington-Chapin Development Area <br />There was no business in the West Washington- <br />Chapin Development Area. <br />D. South Side Development Area <br />There was no business in the South Side <br />Development Area. <br />E. Northeast Neighborhood Development Area <br />There was no business in the Northeast <br />Neighborhood Development Area. <br />F. Douglas Road Economic Development Area <br />There was no business in the Douglas Road <br />Economic Development Area. <br />COMMISSION AUTHORIZED EXECUTION OF THE <br />ACKNOWLEDGEMENT OF RIGHTS RELATED TO <br />VALUE OF THE STAMPING PLANT PROPERTY AND <br />AGREEING TO ACCEPT THE SUM OF $4,235,800 <br />FROM TRANSPO FOR THE SALE OF THE STAMPING <br />PLANT PROPERTY. <br />17 <br />