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Mr. Derek Dieter <br />July 20, 2009 <br />Page 2 <br />Area 2 is the Airgas facility, which is scheduled to close the end of August. This <br />property adjoins Hamilton Towing on the east side of Lafayette, who is currently on the <br />acquisition list. The acquisition of this property would make this site, on the fringe of <br />Ignition Park, large enough for a developable site. <br />Area 3 is bounded by Indiana Ave on the south, Franklin St to the east, Taylor St <br />on the west, and the Norfolk Southern Rail Road tracks to the north. The RDC currently <br />owns about half the land mass in this area, and the next largest land owner in this area has <br />expressed an interested in selling to the RDC when amending the Development Plan for <br />this area is completed. In addition, the Rum Village Neighborhood Association strongly <br />supports the redevelopment of this area. <br />Either David Relos or another staff member from the Division of Economic <br />Development will present this Resolution to the Common Council. <br />Thank you for your consideration. <br />Sinc e y, <br />., <br />G-`" Lawrence J. Meteiver <br />istant City Attorney <br />LJM/pp <br />Fl~~t~ tit ~,~,t::r~.._ `_.-- <br />~~~ 2 ? 2CC9 <br />~clirl vao~~l: <br />