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South Bend Redevelopment Commission <br />Regular Meeting -August 15, 2008 <br />Upon a motion by Mr. Downes, seconded by COMMISSION nRi~ROVe~ Rr_so~u~noN No. 2485 <br />Mr. Blake and unanimously carried, the ni~NROViNC; nNO nccrsi>~nNC~ n cow~rFR orPi.R <br />roR ~n u. ncQuisiTioN or RROi~r~arrv w ~n ~r <br />Commission approved Resolution No. 2485 NN~A. (1113 ~ 1 117 BURNS) <br />approving and accepting a counter offer for <br />the acgtusition of property in the NNDA <br />(1113 & l l17 Bums) <br />(3) Commission approval requested for <br />Assignment of Interest in Purchase <br />Agreement from the Northeast <br />Neighborhood Revitalization <br />Organization. (1113 & 1117 Burns) <br />Mr. Schalliol noted that the Northeast <br />Neighborhood Revitalization Organization <br />acts as our agent in negotiating the <br />acquisitions and secured a purchase <br />agreement which must be assigned to the city <br />for our closing. Staff recommends approval. <br />Upon a motion by Mr. Downes, seconded by CoMMissioN ni~i~aovi:o ~n ~s AssicNMP:N~r oP <br />Mr. Blake and unanimously carried, the 1N~rr_Res~r iN PuacHnsi. AGREGMGNT rROM ~n o-: <br />NORTI IGAST NEIGIiBOR1100D RI:VITF~LIZA"PION <br />Commission approved the Assignment of oacnNizn~noN. (I 113 & I 1 17 BIiRNS) <br />Interest in Purchase Agreement from the <br />Northeast Neighborhood Revitalization <br />Organization. (1113 & 1117 Burns) <br />(4) Commission approval requested for <br />Rcsolutio^ No. 2486 related to acquisition <br />of property in the Northeast <br />Neighborhood Development Area. (vacant <br />lot 1100 block of S. Bend Ave.) <br />Mr. Schalliol noted that Resolution No. 2486 <br />establishes $6,050, the average of two <br />independent appraisals, as the oflering price <br />for the vacant lot in the 1 100 block of South <br />Bend Avc. <br />Upon a motion by Mr. Downes. seconded by COti1MISSION ni>i~FZOVeo [tesoi.u~noN No. 2486 <br />Mr. Blake and unanimously carried, the R~-~-n~ri:n ~ro nc~uisrnoN or i~ttoi~ei~rv w n u. <br />NORM-^'AST NIIGI IL30RI IOOD DBVP:LOPM1`.NT <br />20 <br />