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South Bend Redevelopment Commission <br />Rescheduled Regular Meeting –August 26, 2009 <br /> <br />6. NEW BUSINESS (CONT.) <br /> <br /> <br /> C. South Bend Central Development Area <br /> <br />(1) Agreement by and between the City of <br />South Bend Department of <br />Redevelopment and Fire Arts, Inc. (305 E. <br />Colfax) <br /> <br />Mr. Inks noted that this is a purchase <br />agreement selling the property at 305 E. <br />Colfax to Fire Arts, Inc. for $10. Fire Arts is <br />a group of local artists. They have been <br />leasing the building from the Commission <br />since 2004. They have made a number of <br />improvements over that time. The agreement <br />will allow them to own the property. There <br />will be a restriction that for twenty-five years <br />its use must remain a non-profit, fine arts <br />studio and gallery. If it does not, the <br />property will revert to the Redevelopment <br />Commission. <br /> <br />Mr. Inks noted that the Commission <br />originally purchased the site for parking in <br />the East Bank. But with completion of the <br />East Bank Plan, that site is now part of an <br />“arts corridor” and Fire Arts is an appropriate <br />use for that. Staff recommendation is to sell <br />the property to Fire Arts. <br /> <br />CA <br />Upon a motion by Mr. Downes, seconded by <br />OMMISSION APPROVED THE GREEMENT BY <br />CSB <br />AND BETWEEN THE ITY OF OUTH END <br />Mr. Varner and unanimously carried, the <br />DRF <br />EPARTMENT OF EDEVELOPMENT AND IRE <br />Commission approved the Agreement by and <br />A,I.(305E.C) <br />RTS NC OLFAX <br />between the City of South Bend Department <br />of Redevelopment and Fire Arts, Inc. (305 E. <br />Colfax) <br /> <br /> <br />(2) Staff report on Howard Park <br />Neighborhood Master Plan. <br /> <br />SHP <br />Mr. Kain distributed copies of the Howard <br />TAFF REPORT ON OWARD ARK <br />NMP <br />EIGHBORHOOD ASTER LAN <br />Park Neighborhood Master Plan (Phase II of <br /> 14 <br /> <br />