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South Bend Redevelopment Commission <br /> Regular Meeting—September 11, 2014 <br /> • 6. NEW BUSINESS (CONT.) <br /> B. Airport Economic Development Area <br /> (5) continued... <br /> Dr. Varner noted that the value of the course is based on the value of the golf course as a <br /> business, not the value of the land itself He pointed out it has been reported in the <br /> newspaper that the City may also be interested in selling Elbel Golf Course.. He believes that <br /> anyone interested in buying Blackthorn would see it as a more valuable commodity if Elbel <br /> no longer exists as a golf course. If we receive a full cost offer we may close the deal before <br /> the decision is made on Elbel. Mr. Fielding noted that the question of Elbel only came up <br /> once from the interest we have received thus far. Dr. Varner is enthused we are considering <br /> the sale,he wants to ensure we are careful on how we proceed. <br /> Upon motion by Ms. Schey, seconded by Dr. Varner, and unanimously carried,the <br /> Commission approved Resolution No. 3216 Approving the Fair Market Value of Property in <br /> the Airport Economic Development Area(Blackthorn Golf Course). <br /> (6) Approval of Bid Specifications and Design Considerations (Blackthorn Golf Course) <br /> Upon motion by Ms. Schey, seconded by Dr. Varner, and unanimously carried,the <br /> • Commission approved the bid specifications and design consideration for the sale of <br /> Blackthorn Golf Course. <br /> (7) Approval of Request to Advertise for Sale of Blackthorn Golf Course <br /> Upon motion by Ms. Schey, seconded by Dr. Varner, and unanimously carried,the <br /> Commission approved staff request to advertise for the sale of Blackthorn Golf Course. <br /> C. West Washington-Chapin Development Area <br /> There was no business in the West Washington-Chapin Development Area. <br /> D. South Side Development Area <br /> There was no business in the South Side Development Area. <br /> E. Northeast Neighborhood Development Area <br /> There was no business in the Northeast Neighborhood Development Area. <br /> F. Douglas Road Economic Development Area <br /> • There was no business in the Douglas Road Economic Development Area. <br /> 7 <br />