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South Bend Redevelopment Commission <br />Rescheduled Regular Meeting -June 25, 2008 <br />6. NEW BUSINESS (CONT.) <br />F. Northeast Neighborhood Development Area <br />(2) continued... <br />Upon a motion by Mr. Downes, seconded by <br />Mr. Blake and unanimously carried, the <br />Commission approved Resolution No. 2460 <br />related to acquisition of property in the <br />Northeast Neighborhood Development Area. <br />(1102 Duey) <br />(3) Commission approval requested for <br />Resolution No. 2461 approving and <br />accepting a counteroffer for the <br />acquisition of property in the Northeast <br />Neighborhood Development Area. (1102 <br />Duey) <br />Mr. Schalliol noted that the owners have <br />made a counter offer to the Commission's <br />$29,000 offer in the amount of $52,000. <br />Staff requests approval of the counter offer. <br />Mr. Downes asked why we would accept a <br />counter offer so much higher than our <br />offering price. Mr. Schalliol responded that <br />that property contains a house. We <br />negotiated hard on the price, but ultimately, <br />we pay what the owner wants if we want the <br />property. <br />Upon a motion by Mr. Downes, seconded by <br />Mr. Blake and unanimously carried, the <br />Commission approved Resolution No. 2461 <br />approving and accepting a counteroffer for <br />the acquisition of property in the Northeast <br />Neighborhood Development Area. (1102 <br />Duey) <br />COMMISSION APPROVED RESOLUTION NO. 2460 <br />RELATED TO ACQUISITION OF PROPERTY IN THE <br />NORTHEAST NEIGHBORHOOD DEVELOPMENT <br />AREA. (1102 DUEY~ <br />COMMISSION APPROVED RESOLUTION NO. 2461 <br />APPROVING AND ACCEPTING A COUNTEROFFER <br />FOR THE ACQUISITION OF PROPERTY IN THE <br />NORTHEAST NEIGHBORHOOD DEVELOPMENT <br />AREA. (1102 DUEY~ <br />42 <br />