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South Fiend Redevelopment Commission <br />Kegular Meeting -,September 5, 2008 <br />6. NH:W I3USINF,SS <br />A. Receipt of Bids <br />(I) continued... <br />There were no bids received by the <br />10:00 a.m. deadline. Ms. Laurent noted that <br />she has received a Letter of Interest for <br />purchase o£ the property, but it is not in the <br />amount of the risking price. <br />(2) Receipt of Bids for Lot 5 Ameritech Drive <br />in the Airport Economic Development <br />Area. <br />No bids were received by the 10:00 a.m. <br />deadline. <br />B. South Bend Central Development Arca <br />Ms. Jones noted that item 6.B.(1) belongs under <br />the Airport Economic Development Area and item <br />6.J.(I) should have been udder the South Bend <br />C'enh~al Development Area. If there is no <br />objection, they will be moved and considered in <br />their property place. There was no objection. <br />(l) First Amendment to Contract for Sale of <br />Land for Private Development and <br />Development Agreement (NW corner St. <br />Joseph and Jefferson) <br />Ms. Laurent noted that Jeffcourt Inc. entered <br />into a Development Agreement and Contract <br />for Sale of Land for the St. Joseph and <br />Jefferson Street property on June 6, 2008 for <br />construction of a Courtyard by Marriott and <br />Fairfield Suites hotel. Since that date staff <br />has been working through the necessary steps <br />contemplated in the contract to vacate a <br />portion of DeRue Court and the Flall of Fame <br />NO BIDS W~RI? REiCLIVFD f3Y Tilli 10:00 A. M. <br />lll?ADL1N6 <br />NO BIDS WGl2Ii RI:Cl~:IV G:D [3Y 1111` 10:001~.M. <br />5 <br />