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South Bcnd Redevelopment Commission <br />Regular Meeting -September 5, 2008 <br />6. NEW BUSINESS <br />B. South Bend Central Development Area <br />(4) continued... <br />infrastructure needs presented in tandem with <br />the project. <br />Ms. Jones asked how old the appraisals are <br />that the $337K price was based on. Ms. <br />Laurent responded that they were done in <br />2005. <br />Ms. Jones asked if the "I'IP budget for the <br />SF3CDA has funds for these improvements. <br />Ms. Laurent responded that staff is optimistic <br />that the required improvements can be paid <br />for with proceeds from the sale of the <br />property. This project was not on the radar <br />screen when the SBCDA TIP budget was <br />prepared. The Engineering Department has <br />funds to bring to the table for an <br />environmentally friendly project. They are <br />eYCited to have a project that may be able to <br />use those funds. <br />Lpon a motion by Mr. Downes, seconded by <br />Mr. Varner and unanimously carried. the <br />Commission received the proposal from <br />Placel3uildings Inc. for the former Rink <br />Riverside Printing site at the northwest <br />corner of Colfax and Sycamore in the South <br />Bend Central Development Area <br />and accepted the concept for development of <br />the site. <br />(5) Resolution No. 2497 accepting the transfer <br />of real property from the South Bend <br />Kedevelopment Authority. (AlleylIngress <br />and Egress Easement near lleRue Ct. and <br />St. Joseph St.) <br />COV1 UilSS10N RLC17V11~T11G VROPOSN. FROM <br />PI,nCI_'~3UILDINGS INC. POIZ THIf POR!vILR RINK <br />RfVERSIDE PRINTING SIT[ Al~ T11L NORM-IN'LST <br />CORNICR OP COLPAX AND SYCA:vIORI[ IN T}IE <br />SouTi ~ B~.NO CE.NrRni_ DEVGLOPMLNT ARi:n <br />.AND ACCI?Pl'I:D T I II: CONCBP"I' POIZ <br />DliVl?LOPMGMf OI' TF1[ SIT[ <br />10 <br />