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South Bend Redevelopment Commission <br />Regular Meeting -July 18, 2008 <br />6. NEW BUSINESS (CONT.) <br />G. Northeast Neighborhood Development Area <br />(2) continued... <br />Dr. Varner asked if there is a timetable we <br />are trying to meet for the project. Mr. <br />Schalliol responded that we need to get <br />Phase 1 acquisitions completed this year. <br />Upon a motion by Mr. Blake, seconded by <br />Dr. Varner and unanimously carried, the <br />Commission approved Resolution No. 2474 <br />approving and accepting a counter offer for <br />the acquisition of property in the NNDA <br />(103 0 Georgiana) <br />(3) Commission approval requested for <br />Assignment of Interest in Purchase <br />Agreement from the Northeast <br />Neighborhood Revitalization <br />Organization. (1030 Georgiana) <br />Mr. Schalliol noted that the NNRO secures <br />the purchase agreements on the on the <br />Commission's behalf, then transfers them to <br />the Commission for purchase. Staff <br />recommends accepting the Assignment of <br />Interest in Purchase Agreement. <br />Upon a motion by Mr. Blake, seconded by <br />Dr. Varner and unanimously carried, the <br />Commission approved the Assignment of <br />Interest in Purchase Agreement from the <br />Northeast Neighborhood Revitalization <br />Organization. (1030 Georgiana) <br />(4) Commission approval requested for <br />Resolution No. 2475 related to acquisition <br />of property in the NNDA (1136 Duey) <br />6. NEW BUSINESS (CONT.) <br />COMMISSION APPROVED RESOLUTION NO. 2474 <br />APPROVING AND ACCEPTING A COUNTER OFFER <br />FOR THE ACQUISITION OF PROPERTY IN THE <br />NNDA (1030 GEORGIANA) <br />COMMISSION APPROVED THE ASSIGNMENT OF <br />INTEREST IN PURCHASE AGREEMENT FROM THE <br />NORTHEAST NEIGHBORHOOD REVITALIZATION <br />ORGANIZATION. (1030 GEORGIANA~ <br />33 <br />