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South Bend Redevelopment Commission <br />Regular Meeting November 20, 2009 <br />#1 on Tax Sale List (2009 sale) <br />EMI <br />2020 S Main Street <br />Account balance as of 2009 sale: <br />$204,069.14 <br />#6 in South Bend / #8 in County (2009 sale) <br />Staff requests authorization to work with <br />legal counsel and the County to move <br />forward with the acquisition of properties <br />that the Commissioners are able to process <br />through the sale process. At the present time, <br />the Commissioners estimate that the total <br />value per parcel required to be paid by the <br />Redevelopment Commission will be Five <br />Hundred Dollars per parcel. The attorney for <br />the County is requiring partial pa}nnent in the <br />amount of $250 per parcel by November 24`x' <br />to move this transaction forward. <br />Mr. Varner asked about the environmental <br />liability that might be incurred by acquisition <br />of these buildings. Mr. Schalliol responded <br />that while pursuing acquisition through the <br />tax sale, staff will also be trying to determine <br />how much expense might be incurred with <br />the environmental liability. We wont <br />acquire the property without knowing the full <br />cost. <br />Ms. Jones asked whether there might be <br />other funds available to help with <br />environmental cleanup. Mr. Schalliol said <br />that they would expect to pursue additional <br />funding from several sources. <br />Upon a motion by Ms. King, seconded by <br />Mr. Downes and unanimously carried, the <br />Commission authorized staff to acquire <br />properties at tax sale. (EMI and Millennium <br />Environmental <br />COMMISSION AUTHORIZED STAFF TO ACQUIRE <br />PROPERTIES AT TAX SALE. (EMI AND <br />MILLENNIUM ENVIRONMENTAL <br />9 <br />