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South Bend Redevelopment Commission <br />Regular Meeting -August 15, 2008 <br />6. NEW BUSINESS (CONT.) <br />F. Northeast Neighborhood Development Area <br />(3) continued... <br />Upon a motion by Mr. Downes, seconded by <br />Mr. Blake and unanimously carried, the <br />Commission approved the Assignment of <br />Interest in Purchase Agreement from the <br />Northeast Neighborhood Revitalization <br />Organization. (1113 & 1117 Burns) <br />(4) Commission approval requested for <br />Resolution 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 offering price <br />for the vacant lot in the 1100 block of South <br />Bend Ave. <br />Upon a motion by Mr. Downes, seconded by <br />Mr. Blake and unanimously carried, the <br />Commission approved Resolution No. 2486 <br />related to acquisition of property in the <br />Northeast Neighborhood Development Area. <br />(vacant lot, 1100 block of S. Bend Ave.) <br />(5) Commission approval requested for <br />Resolution No. 2487 approving and <br />accepting a counter offer for the <br />acquisition of property in the NNDA. (v/1 <br />1100 block of S. Bend Ave.) <br />Mr. Schalliol noted that a counter offer of <br />$14,500 was submitted by Charles C. Green <br />and Louise Green for the vacant lot. Staff <br />recommends accepting the offer. <br />COMMISSION APPROVED THE ASSIGNMENT OF <br />INTEREST IN PURCHASE AGREEMENT FROM THE <br />NORTHEAST NEIGHBORHOOD REVITALIZATION <br />ORGANIZATION. (1113 & 1117 BURNS <br />COMMISSION APPROVED RESOLUTION NO. 2486 <br />RELATED TO ACQUISITION OF PROPERTY IN THE <br />NORTHEAST NEIGHBORHOOD DEVELOPMENT <br />AREA. (VACANT LOT, 1100 BLOCK OF S. BEND <br />AVE. <br />23 <br />