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South Bend Redevelopment Commission <br />Regular Meeting— December 19, 2008 <br />6. NEW BUSINESS (CONT.) <br />C. Airport Economic Development Area <br />(6) Resolution No. 2.546 related to acquisition <br />of property in the AEDA (614 Arnold) <br />Mr. Schalliol noted that 614 Arnold St. is <br />part of the Oliver Industrial Park acquisition <br />area. Oliver Industrial Park surrounds <br />several properties which have been offered <br />voluntary acquisition. Resolution No. 2546 <br />sets the offering price for the two parcels at <br />$65,500. <br />Upon a motion by Mr. Downes, seconded by <br />Ms. King and unanimously carried, the <br />Commission approved Resolution No. 2546 <br />related to acquisition of property in the <br />AEDA (614 Arnold) <br />(7) Resolution No. 2547 approving and <br />accepting a counter offer for the <br />acquisition of property in the AEDA (614 <br />Arnold) <br />Mr. Schalliol noted that the property owner <br />has made substantial improvements to the <br />property since the appraisals were done, to <br />keep the property livable. They have <br />therefore made a counter offer of S75.000. <br />There will be no relocation costs in addition <br />to that amount Staff recommends approval. <br />Upon a motion by Mr. Downes, seconded by <br />Ms. King and unanimously carried, the <br />Commission approved Resolution No. 2547 <br />approving and accepting a counter offer for <br />the acquisition of property in the AEDA (614 <br />Arnold) <br />23 <br />COMMISSION APPROVED RESOLUTION NO. 2546 <br />RELATED TO AC'QU IS ITION OF PROPERLY IN THE <br />AFDA (614 ARNOLD) <br />COMMISSION APPROVED RESOLUTION NO. 2547 <br />APPROVING AND ACCEPIING A COUNTER OFFER <br />FOR THE ACQU ISIIION OF PROPERTY IN THE <br />AFDA (614 ARNOLD) <br />