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HomeMy WebLinkAbout04-04-03 Redevelopment Commission MinutesA SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING April 4, 2003 10:00 a.m. Presiding: Ms. Marcia Jones, Vice President 1. ROLL CALL Members Present: Member Absent: Legal Counsel: 227 West Jefferson Boulevard South Bend, Indiana Ms. Marcia Jones, Vice - President Mr. Philip J. Faccenda, Secretary Mr. Matt Kahn Mr. Hardie Blake, Jr. Mr. Robert W. Hunt, President Ms. Cheryl Greene Redevelopment Staff: Ms. Pamela Morris, Recording Secretary Mr. Owen Rock, Economic Development Specialist Mr. Bill Schalliol, Economic Development Specialist Mr. Robert Mathia, Economic Development Specialist Mr. Robert Case, Economic Development Specialist Mr. Tim Williams, Economic Development Specialist Mr. Andy Laurent, Economic Development Specialist Others Present: Ms. Pam Paluszewski, Legal Dept. Mr. Victor Saavedra, Ziolkowski Construction Mr. James Browning, Browning Investments Mr. Dennis Keilman, Bell Parts Supply 2. APPROVAL OF MINUTES A. Commission approval of the Minutes of the Regular Meeting of February 7, 2003. Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission approved the Minutes of the Regular Meeting of February 7, 2003. B. Commission approval of the Minutes of the Regular Meeting of February 21, 2003. 1 COMMISSION APPROVED THE MINUTES OF THE REGULAR MEETING OF FEBRUARY 7, 2003. 19 (400e South Bend Redevelopment Commission Regular Meeting —April 4, 2003 2. APPROVAL OF MINUTES (CONT.) B. Approval of Minutes of February 21, 2003 continued... Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission approved the Minutes of the Regular Meeting of February 21, 2003. 3. APPROVAL OF CLAIMS COMMISSION APPROVED THE MINUTES OF THE REGULAR MEETING OF FEBRUARY 21, 2003. Redevelopment Commission Claims submitted April 4, 2003 for approval. 212 CDBG COMMUNITY DEVELOPMENT AREA Travelmore $ 236.50 Boise Cascade 71.92 South Bend Tribune 230.26 Tri County News 115.08 fc3►Zlf IRI The Troyer Group, Inc. 4,000.00 FM Stone Commercial 2,000.00 Baker & Daniels 412.50 Sopko, Nussbaum & Inabnit 869.50 Forsey Construction, Inc. 900.00 Meridian Title Corporation 300.00 SiteScapes Inc. 776.20 Sharon Harlozinski 500.00 414 SAMPLE -EWING DEVELOPMENT AREA Meridian Title Corporation 4,114.77 Jonathan E. Baker 400.00 420 SBCDA CB Richard Ellis South Bend 4,473.45 R.E. Pitts & Assoc, Inc. 4,750.00 Legal Department 742.08 A A South Bend Redevelopment Commission Regular Meeting —April 4, 2003 3. APPROVAL OF CLAIMS (CONT.) 420 SBCDA continued... Baker & Daniels C & S Service, Inc. 427 SAMPLE -EWING CAPITAL FUND Weaver, Boos and Gordon Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission approved the Claims submitted April 4, 2003, and ordered the checks to be released. 4. COMMUNICATIONS There were no Communications. 5. OLD BUSINESS There was no Old Business. 6. NEW BUSINESS Mr. Rock asked that Items C(1) and G(1) be moved to the top of New Business. There was no objection and the items were so moved. C. Sample -Ewing Development Area (1) Staff report on project proposals for Studebaker Corridor Parcel 7 located in the Sample -Ewing Development Area. (Bell Parts Supply, Inc. and Ziolkowski Construction, Inc.) 3 5,741.00 87.11 6,789.58 37,510.95 COMMISSION APPROVED THE CLAIMS SUBMITTED APRIL 4, 2003, AND ORDERED THE CHECKS TO BE RELEASED. THERE WERE NO COMMUNICATIONS. THERE WAS NO OLD BUSINESS. South Bend Redevelopment Commission Regular Meeting —April 4, 2003 6. NEW BUSINESS (CONT.) C. Sample -Ewing Development Area (1) continued... Mr. Schalliol noted that at the March 28 meeting two proposals were received for Parcel 7 in the Studebaker Corridor, one from Bell Parts Supply and one from Ziolkowski Construction. The staff report for the Commission details notes from the presentations and from the project proposals. After carefully reviewing both proposals, the staff recommends awarding the bid for Parcel 7 to Ziolkowski Construction. Staff recommendation is based on several points and conditions. Ziolkowski's business is currently located on property adjacent to Parcel 7; and the proposed use for the site, the size and construction of the new facility, and the general site development plan are consistent with Ziolkowski's facility and the Development Plan for the area. The proposed use is consistent with Ziolkowski's efforts to retain and grow its existing business. The proposed project offers the opportunity to improve the appearance and safety conditions on other quadrants of the block, the opportunity to put the property back into taxable use, and the opportunity to solve the multiple -year disposition issue for this parcel. Additionally, the character of the construction is similar to the intent of the Studebaker Corridor disposition area requirements. Mr. Schalliol noted that the award of the disposition of Parcel 7 to Ziolowkowski should be conditioned on some key points, including but not limited to the following: c, South Bend Redevelopment Commission Regular Meeting —April 4, 2003 6. NEW BUSINESS (CONT.) C. Sample -Ewing Development Area (1) continued... (1) disposition completed by the June 6 Redevelopment Commission meeting; (2) Ziolkowski must take over maintenance of the property and maintain it to an improved level; (3) Ziolkowski must perform basic site improvements as negotiated with the Redevelopment Commission; and (4) Ziolkowski must begin on the project within two years of closing or negotiate a time period acceptable to the Commission. Site improvements included with the Contract for Sale of Land must include all property owned by Ziolkowski on this block and any requirements determined IL to be appropriate by the Redevelopment Commission. Ms. Greene pointed out that I.C. 36 -7 -22 (f) states that the Commission may reject all bids or it may make an award to the highest and best bidder. The factors the Commission may consider when making its award include the size and character of the improvements; the bidder's plans and ability to improve the property with reasonable promptness; whether the property, when improved, will be sold or rented; the proposed sale or rental price; and any other factors it wishes to take into consideration that it believes will best serve the interests of the community from both a human and economic welfare standpoint. 14 South Bend Redevelopment Commission Regular Meeting —April 4, 2003 6. NEW BUSINESS (CONT.) C. Sample -Ewing Development Area (1) continued... Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission awarded the bid of Parcel 7 in the Studebaker Corridor portion of the Sample -Ewing Development Area to Ziolkowski Construction subject to Staff's recommendations as expressed in Staff s report to the Commission. Mr. Faccenda abstained from the vote due to his association with the Barnes & Thornburg law firm that represents Bell Parts Supply, Inc. ILG. South Side Development Area (1) Commission approval requested for Resolution No. 1968 related to acquisition of property in the South Side Development Area by Eminent Domain. Mr. Schalliol reported that Resolution No. 1968 sets the acquisition price for Tax Key No. 23 -1035- 1839.01, a vacant piece of land located at 719 Widener Lane, owned by RLK Homes, Incorporated. The resolution sets the offering price at $97,500 which is the average of the two appraisals received on the property. Staff recommends approval of Resolution No. 1968. Upon a motion by Mr. Faccenda, seconded by Mr. Kahn and unanimously carried, the Commission approved Resolution No. 1968 related to acquisition of property in the South Side Development Area by Eminent Domain. T, COMMISSION AWARDED THE BID OF PARCEL 7 IN THE STUDEBAKER CORRIDOR PORTION OF THE SAMPLE -EWING DEVELOPMENT AREA TO ZIOLKOWSKI CONSTRUCTION SUBJECT TO STAFF'S RECOMMENDATIONS AS EXPRESSED IN STAFF'S REPORT TO THE COMMISSION. MR. FACCENDA ABSTAINED FROM THE VOTE DUE TO HIS ASSOCIATION WITH THE BARNES & THORNBURG LAW FIRM THAT REPRESENTS BELL PARTS SUPPLY, INC. COMMISSION APPROVED RESOLUTION NO. 1968 RELATED TO ACQUISITION OF PROPERTY IN THE SOUTH SIDE DEVELOPMENT AREA BY EMINENT DOMAIN. South Bend Redevelopment Commission Regular Meeting —April 4, 2003 C 6. NEW BUSINESS (CONT.) A. Housing (1) Commission approval requested for Subordination Agreement between the City of South Bend on behalf of its Bureau of Housing and Richard III and Genoab Johnson. (1139 N. Johnson) Mr. Rock reported that the Subordination Agreement is related to a mortgage executed by Richard Johnson, III and Genoah Johnson through the Bureau of Housing. The address is 1139 N. Johnson Street, South Bend, Indiana. The Commission, on behalf of the Bureau of Housing, will be agreeing to subordinate its interest in the mortgage to CitiFinancial Mortgage Company, Inc. in the amount of $6,200. The property are Lots ILI Numbered 108 and 109 as shown on the recorded Plat of Mayr's Michigan Avenue Addition to the City of South Bend. Upon a motion by Mr. Kahn, seconded by Mr. Faccenda and unanimously carried, the Commission approved the Subordination Agreement between the City of South Bend on behalf of its Bureau of Housing and Richard III and Genoah Johnson. (1139 N. Johnson) B. South Bend Central Development Area (1) Commission approval requested for Resolution No. 1967 relating to acquisition of property within the South Bend Central Development Area by Eminent Domain. IL 7 COMMISSION APPROVED THE SUBORDINATION AGREEMENT BETWEEN THE CITY OF SOUTH BEND ON BEHALF OF ITS BUREAU OF HOUSING AND RICHARD III AND GENOAH JOHNSON. (1139 N.JOHNSON) South Bend Redevelopment Commission Regular Meeting —April 4, 2003 6. NEW BUSINESS (CONT.) B. South Bend Central Development Area (1) continued... Mr. Mathia reported that Resolution No. 1967 will authorize an offer to be made for four (4) properties identified as follows: ► Tax Key No. 18 -5003 -0047 218 Sycamore $75,000 • Tax Key No. 18 -5003 -0048 216 Sycamore • Tax Key No. 18 -5003 -0049 305 E. Colfax $250,000 (both properties) ► Tax Key No. 18 -5003 -0060 Vacant Lot west and adjacent to 312 LaSalle $33,750 These four (4) properties were added to the acquisition list by Resolution No. 1843 approved September 7, 2001. Acquisition of the properties will assist in achieving the goals of the South Bend Central Development Area Development Plan and, more particularly, the objectives for development of the East Bank area. Staff recommends approval of Resolution No. 1967. Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission approved Resolution No. 1967 relating to acquisition of property within the South Bend Central Development Area by Eminent Domain. COMMISSION APPROVED RESOLUTION NO. 1967 RELATING TO ACQUISITION OF PROPERTY WITHIN THE SOUTH BEND CENTRAL DEVELOPMENT AREA BY EMINENT DOMAIN. South Bend Redevelopment Commission Regular Meeting —April 4, 2003 6. NEW BUSINESS (CONT.) B. South Bend Central Development Area (continued...) (2) Commission approval requested for Letter of Agreement - Addendum #3 to Letter of Agreement Dated August 22, 2001 between the City of South Bend and Lehman & Lehman, Inc. (East Bank Planning Project) Mr. Mathia reported that since September 2001, Lehman & Lehman has been assisting the City on various development activities and projects on the East Bank including an overall master development plan for the area. The original scope of work for the projects haas been modified as the work progressed. The size of the project area has been enlarged and the number of tasks increased. The work has been complicated by the announcement that the St. Joseph Regional Medical Center plans to move from the area and recent sizable acquisition of additional East Bank properties by Madison Center. The original Letter of Agreement was approved by the Commission on September 7, 2001 in the amount of $20,000. The Agreement was amended on December 21, 2001 and September 27, 2002 and total funding was increased to $70,000. At present, $1,678 remains unexpended under the agreement. To carry out the additional activities and to complete the development plans, it is necessary to extend the agreement to August 31, 2003 and increase the level of funding by $42,000 to a new total of $112,000. Staff recommends approval of the third addendum. t, 9 South Bend Redevelopment Commission Regular Meeting —April 4, 2003 6. NEW BUSINESS (CONT.) B. South Bend Central Development Area (2) continued... Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission approved the request for Letter of Agreement - Addendum #3 to Letter of Agreement Dated August 22, 2001 between the City of South Bend and Lehman & Lehman, Inc. (East Bank Planning Project) It was noted for the record that items 6.11.3 & 4 will be combined for presentation purposes. (3) Receipt and opening of bids in connection with the Project Development Site on the southwest corner of Main Street and Jefferson Boulevard in the South Bend Central Development Area. (4) Presentation by bidder(s) in connection with the Project Development Site on the southwest corner of Main Street and Jefferson Boulevard in the South Bend Central Development Area. Mr. Rock reported that one bid was received from Jefferson Main Associates which is currently being reviewed by legal counsel. Ms. Greene advised that the proposal submitted contains the proper proposal forms including the Statement of Qualifications and Financial Responsibility, Statement for Public Disclosure, the Affidavit of Non - collusion, as well as the proposed project. r% 10 COMMISSION APPROVED THE REQUEST FOR LETTER OF AGREEMENT - ADDENDUM #3 TO LETTER OF AGREEMENT DATED AUGUST 22, 2001 BETWEEN THE CITY OF SOUTH BEND AND LEHMAN & LEHMAN, INC. (EAST BANK PLANNING PROJECT) South Bend Redevelopment Commission Regular Meeting —April 4, 2003 6. NEW BUSINESS (CONT.) B. South Bend Central Development Area (3 & 4) continued... Mr. Mathia added that the minimum bid price for the site was $263,000 and noted that the proposal was submitted without a bid price. Ms. Greene reminded the Commission that accepting a bid does not require the making of an award. Ms. Greene noted that the proposal was extensive and the Commission may wish to receive more information today and review it, but defer any decision for a later time. Mr. Mathia then introduced Mr. James Browning of Browning Investments. Mr. Browning advised that Browning Investments is located in Indianapolis and has been developing real estate in that area since the early 1980s. They have done all sizes of projects in downtown Indianapolis and on the north side of Indianapolis, primarily Class A development. Mr. Browning explained the project they propose for the Main - Jefferson site in downtown South Bend. The project would be a $15,000,000, 100,000 sft office building on six floors with an 18,000 sft footprint. He displayed a rendering showing a corner lobby, but said they are also considering a center entrance. The site would contain nine parking spaces at ground level and an underground parking garage. The building would contain two elevators IL 11 South Bend Redevelopment Commission Regular Meeting —April 4, 2003 %0� 6. NEW BUSINESS (CONT.) B. South Bend Central Development Area (3 & 4) continued... and a loading dock. Mr. Browning noted that the site is restricted by its size and limited nearby parking. The limited space for parking has been an issue they have struggled with greatly. They believe a building of this magnitude has to be able to serve both customer and employee parking. They wanted to construct a building of prominence and believe they have offered that with this proposal. Mr. Browning noted that the site will need to be excavated to be able to handle the ILfoundations for this size structure. Mr. Browning also noted that they have a major tenant for the building and five other prospects who have expressed interest for a total of about 75% of the building. Two banks are interested in doing the financing, so they don't expect a problem with financing. Ms. Jones asked what the total parking capacity would be on site, including the underground parking. Mr. Browning responded that there would be 32 spaces under ground, 9 above ground, and the parking garage at Main and Wayne Streets which they hope to acquire. Mr. Mathia asked why it is necessary to excavate so deeply. Mr. Browning responded that the soils report he's seen i+' 12 South Bend Redevelopment Commission Regular Meeting —April 4, 2003 6. NEW BUSINESS (CONT.) B. South Bend Central Development Area (3 & 4) continued... didn't provide a clear understanding of what debris might be below ground that will need to be removed. Ms. Jones asked how many people might be working in the building when it is completely occupied. Mr. Browning estimated about one person per 200 sft (500 people). Ms. Greene noted that the number of issues the developer and staff have will require significant time to work out. She recommended referring the proposal to staff IL and reconsidering it at the May 2, 2003 meeting. Mr. Mathia noted that a detailed study of the Wells Fargo garage has been commissioned which won't be ready until May 2. Mr. Browning expressed concern that delays might cause the construction to not meet the major tenant's time table. Ms. Greene noted that the proposal calls for disposition of the land to be completed by June 30 and they would still plan to meet that schedule if they waited for the garage study. Ms. Greene noted that the proposal requests a 10 -year tax abatement. She explained that the Commission doesn't approve tax abatements; the Common Council does. The Commission only agrees to forego its TIF from the project. IL 13 South Bend Redevelopment Commission ILI Regular Meeting —April 4, 2003 6. NEW BUSINESS (CONT.) B. South Bend Central Development Area (3 & 4) continued... The proposal was referred to staff for review and a recommendation at the Commission meeting scheduled for May 16. C. Sample -Ewing Development Area (2) Commission approval requested for proposals for professional services in the Sample -Ewing Development Area. (Appraisal services, Wenger Homestead) Mr. Williams reported that we received three proposals to appraise 701 Pennsylvania. Staff recommends accepting the proposals ILfrom Residential Appraisal Services at a cost of $375 and Whitt Appraisal Services at a cost of $475. Upon a motion by Mr. Faccenda, seconded by Mr. Kahn and unanimously carried the Commission approved the request for proposals and professional services in the Sample -Ewing Development Area and authorized staff to retain Residential Appraisal Services and Whitt Appraisals based on the scope of services and fees proposed. (3) Commission approval requested for Resolution No. 1969 approving the fair re -use value of property in the Sample -Ewing Development Area. (Oliver Industrial Park) Cjr 14 THE PROPOSAL WAS REFERRED TO STAFF FOR REVIEW AND A RECOMMENDATION AT THE COMMISSION MEETING SCHEDULED FOR MAY 16. South Bend Redevelopment Commission Regular Meeting —April 4, 2003 6. NEW BUSINESS (CONT.) C. Sample -Ewing Development Area (3) continued... Mr. Laurent explained that Resolution No. 1969 sets the fair reuse value of land at the Oliver Industrial Park. The property has been appraised by two qualified MAI appraisers, reviewed by Redevelopment staff, and the reuse value will be established based on those appraisals. The Oliver site has not been divided into parcels; therefore the price has been defined based on three criteria: interior parcels larger than five acres are valued at $20,500 per acre; interior parcels of five acres or less are valued at $23,000 per acre; and any parcels fronting on Chapin St. are valued at $25,500 per acre. The existing structures on site, both the Boiler House and buildings 46 and 47, have no contributing value due to their deteriorated condition. Staff recommends approval of Resolution No. 1969. Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission approved Resolution No. 1969 approving the fair re -use value of property in the Sample - Ewing Development Area. (Oliver Industrial Park) (4) Commission approval requested for Bid Specifications for property in the Sample - Ewing Development Area. (Oliver Industrial Park) Mr. Laurent noted the Bid Specifications list the Fair Reuse Value of the property. Bidders must identify the boundaries and the acreage of the sub - parcel they propose to purchase and develop. Buildings on parcels adjacent to (WI 15 COMMISSION APPROVED RESOLUTION No. 1969 APPROVING THE FAIR RE -USE VALUE OF PROPERTY IN THE SAMPLE -EWING DEVELOPMENT AREA. (OLIVER INDUSTRIAL PARK) South Bend Redevelopment Commission Regular Meeting —April 4, 2003 Lo� 6. NEW BUSINESS (CONT.) C. Sample -Ewing Development Area (4) continued... Chapin Street must be masonry. In the remainder of the industrial park masonry buildings are preferred, but not required. Metal buildings may be permitted if the design provides for masonry wainscoting up approximately 1/3 of the building height. The former boilerhouse and smokestack are to remain in the industrial park and must be repaired and renovated by any bidder proposing a parcel that includes the structures. Buildings 46 and 47 are part of a National Register of Historic Places historic district and any renovation of that property ce must respect the historical character of the buildings. The bid specifications require appropriate landscaping and screening of storage, parking lots and trash areas. Land may not be purchased for speculation. Upon a motion by Mr. Faccenda, seconded by Mr. Blake and unanimously carried, the Commission approved the Bid Specifications for property in the Sample - Ewing Development Area. (Oliver Industrial Park) (5) Commission authorization requested to publish the Notice for Disposition of Land with publication dates of April 11, 2003 and April 18, 2003 and receipt of Bids at 10:00 a.m. on May 2, 2003. (Oliver Industrial Park) (60� 16 COMMISSION APPROVED THE BID SPECIFICATIONS FOR PROPERTY IN THE SAMPLE - EWING DEVELOPMENT AREA. (OLIVER INDUSTRIAL PARK) South Bend Redevelopment Commission Regular Meeting —April 4, 2003 6. NEW BUSINESS (CONT.) C. Sample -Ewing Development Area (5) continued... Upon a motion by Mr. Kahn, seconded by Mr. Faccenda and unanimously carried, the Commission authorized publication of the Notice for Disposition of Land with publication dates of April 11, 2003 and April 18, 2003 and receipt of Bids at 10:00 a.m. on May 2, 2003. (Oliver Industrial Park) (6) Commission approval requested for proposal for maintenance services in the Sample - Ewing Development Area. (Mowing services) Mr. Williams noted that four proposals were received for the mowing services in the Sample - Ewing Development Area. The proposals were as follows: Center for the Homeless $22,680 Edges $16,625 Fitzmaurice Landscaping $16,096 Gruber's Landscaping $18,410 Staff recommends hiring Fitzmaurice Landscaping for $16,096. Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission approved the request for maintenance services in the Sample -Ewing Development Area and authorized staff to retain Fitzmaurice Landscaping based on the scope of services and fees proposed. (60� 17 COMMISSION AUTHORIZED PUBLICATION OF THE NOTICE FOR DISPOSITION OF LAND WITH PUBLICATION DATES OF APRIL 11, 2003 AND APRIL 18, 2003 AND RECEIPT OF BIDS AT 10:00 A.M. ON MAY 2, 2003. (OLIVER INDUSTRIAL PARK) COMMISSION APPROVED THE REQUEST FOR MAINTENANCE SERVICES IN THE SAMPLE -EWING DEVELOPMENT AREA AND AUTHORIZED STAFF TO RETAIN FITZMAURICE LANDSCAPING BASED ON THE SCOPE OF SERVICES AND FEES PROPOSED. South Bend Redevelopment Commission Regular Meeting —April 4, 2003 6. NEW BUSINESS (CONT.) D. Airport Economic Development Area (1) Commission approval requested for Release Of Conditions, Provisions and Restrictions Contained In Contract. (Midwest Embroidery Developers) Ms. Greene explained that this goes back to a contract the Commission had several years ago with Midwest Embroidery. Midwest Embroidery is no longer on its site in the Airport Economic Development Area. They have reorganized and are doing business elsewhere and the Contract is no longer if effect. In securing financing, the Contract showed up as a continuing obligation of Midwest and the Commission is asked to release Midwest Embroidery from the terms of the contract. Upon a motion by Mr. Kahn, seconded by Mr. Blake and unanimously carried, the Commission approved the Release of Conditions, Provisions and Restrictions Contained in Contract. (Midwest Embroider Developers) E. South Bend Medical Services District There was no business in the South Bend Medical Services District. F. West Washington- Chapin Development Area There was no business in the West Washington - Chapin Development Area. 18 COMMISSION APPROVED THE RELEASE OF CONDITIONS, PROVISIONS AND RESTRICTIONS CONTAINED IN CONTRACT. (MIDWEST EMBROIDER DEVELOPERS) THERE WAS NO BUSINESS IN THE SOUTH BEND MEDICAL SERVICES DISTRICT. THERE WAS NO BUSINESS IN THE WEST WASHINGTON- CHAPIN DEVELOPMENT AREA. South Bend Redevelopment Commission Regular Meeting —April 4, 2003 6. NEW BUSINESS (CONT.) G. South Side Development Area (2) Staff report on acquisition of property in the South Side Development Area. Mr. Schalliol reported that earlier in the meeting the Commission approved Resolution No. 1968 authorizing a purchase offer for Tax Key No. 23- 1035- 1839.01, a vacant piece of land located at 719 Widener Lane, owned by RLK Homes, Incorporated. The staff has already made the offer to RLK who has made a counter offer in the amount of $112,500. Staff recommends accepting the counter offer. Upon a motion by Mr. Kahn, seconded by LI Mr. Blake and unanimously carried, the Commission approved the counter offer in the amount of $112,500 for property in the South Side Development Area. 7. PROGRESS REPORTS Mr. Rock thanked Ann Kolata and Andy Laurent for their good work getting the Oliver property ready for disposition. 8. NEXT COMMISSION MEETING The next meeting of the Redevelopment Commission will be a Rescheduled Regular Meeting on Thursday, April 17 at 10:00 a.m. 19 COMMISSION APPROVED THE COUNTER OFFER IN THE AMOUNT OF $112,500 FOR PROPERTY IN THE SOUTH SIDE DEVELOPMENT AREA. NEXT COMMISSION MEETING South Bend Redevelopment Commission Regular Meeting —April 4, 2003 9. ADJOURNMENT There being no further business to come before the Redevelopment Commission, Mr. Blake made a motion that the meeting be adjourned. Mr. Kahn seconded the motion and the meeting was adjourned at 10:48 a.m. Robert W. Hunt, President 20 ADJOURNMENT lee Donald E. Inks, Director