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South Bend Redevelopu~ent Connnission <br />Regular Meeting -tune 5, 2009 <br />6. NEW BUSINESS (CONT.) <br />C. Airport Economic Development Area <br />(1) continued... <br />between Franklin and Taylor Streets. As far <br />back as 1971, Indiana Avenue was identified <br />as the logical southern boundary for the <br />redevelopment of the Studebaker Co;7-idor. In <br />the 1995 Rum Village Neighborhood Action <br />Plan, the area north of Indiana and south of <br />the rail road tracks, between Franklin and <br />Prairie. was identified as "weak residential.'" <br />and it was suggested this area be redeveloped <br />as a business park. The addition of these <br />parcels for acquisition will be a first step in <br />the long overdue redevelopment of this area. <br />With the purchase of the Burton properties <br />(Waste Management) at the end of last year, <br />the Commission already owns more than half <br />of the land mass \vithin this area. The <br />acquisitions within this area would affect <br />eleven property owners, one of v~~hom has <br />ah•eady expressed interest in selling to the <br />Commission. Two others are vacant lots. <br />Staff requests Commission approval to begin <br />the process of adding these three specific <br />target areas to the acquisition list of the <br />AEDA's Development Plan. <br />Upon a motion by Mr. Varner, seconded by <br />Mr. King and unanimously carried, the <br />Commission authorized staff to begin the <br />process of addin~~ properties in the Airport <br />Economic Development Area to the <br />Development Plans Acquisition List. <br />COMMISSION AUTHORIZED STAFF TO BEGIN THE <br />PROCESS OF ADDING PROPERTIES IN THE <br />AIRPORT ECONOMIC DEVELOPMENT AREA TO <br />THE DEVELOPMENT PLAN'S ACQUISITION LIST <br />