Laserfiche WebLink
South Bend Redevelopment Commission <br />Regular Meeting –February 19, 2010 <br /> <br />parcels within this area that are listed for bid <br />at the County Commissioner’s tax sale. In <br />addition to these 24 parcels, there is also one <br />parcel in the South Bend Central <br />Development Area staff feels would be <br />important to acquire for future parking needs, <br />and to facilitate future development <br />opportunities in its block. <br /> <br />Staff believes buying these parcels from the <br />tax sale will be much cheaper than through <br />the normal acquisition process at a later date. <br /> <br />Since these properties are not yet on the <br />acquisition list, staff is asking for an <br />addendum to the Master Agency Agreement <br />between the Commission and the Board of <br />Public Works, to allow the Board of Public <br />Works to purchase the parcels on the <br />Commission’s behalf. The Commission <br />would then purchase these properties from <br />the Board of Public Works once the <br />Development Plan is amended to allow for <br />their acquisition. Staff is currently <br />researching funding sources for these <br />purchases, and this agreement would move <br />forward only if funding is secured. <br /> <br />Staff requests approval of Resolution <br />No. 2653, to allow the Board of Works to <br />register and bid on these properties, with a <br />not to exceed total cost of $250,000. <br /> <br />CRN.2653 <br />Upon a motion by Mr. Downes, seconded by <br />OMMISSION APPROVED ESOLUTION O <br />, <br />AS AMENDED APPROVING AND AUTHORIZING <br />Mr. Varner and unanimously carried, the <br />A <br />THE EXECUTION OF AN DDENDUM TO THE <br />Commission approved Resolution No. 2653 <br />MAA(TS <br />ASTER GENCY GREEMENTFORAX ALE <br />as amended, approving and authorizing the <br />CP <br />ERTIFICATE URCHASES <br />execution of an Addendum to the Master <br />Agency Agreement forTax Sale Certificate <br />Purchases <br /> <br /> <br />(4) Resolution No. 2654 related to acquisition <br /> 15 <br /> <br />