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South Bend Redevelopment Commission <br />Regular Meeting —March 22, 2011 <br />Mr. Relos noted that staff solicited a proposal <br />from Grubb & Ellis /Cressy Everett to list <br />certain Commission owned property. These <br />listing agreements are for a period of one <br />year. <br />The first listing agreement is for the property <br />located at the southwest corner of Jefferson <br />and Main streets. This lot is 141' x 245' (.79 <br />acres), and is being listed for $258,093. Staff <br />requests approval of the Listing Agreement. <br />Upon a motion by Ms. King, seconded by COMMISSION APPROVED THE LISTING <br />Mr. Downes and unanimously carried, the AGREEMENT WITH GRUBB & ELLIS /CRESSY & <br />Commission approved the Listing Agreement EVERETT FOR 213 -217 SOUTH MAIN STREET <br />with Grubb & Ellis /Cressy & Everett for <br />213 -217 South Main Street. <br />C. Airport Economic Development Area <br />(1) Listing Agreement with Grubb & <br />Ellis /Cressy & Everett for 401 Bendix <br />Drive. <br />Mr. Relos noted that the second listing <br />agreement is for the Bosch property at 401 <br />Bendix Drive. This property has three <br />components: a 267,000 sf warehouse, a <br />77,812 sf office building, and 28.70 +/- acres. <br />The listing price for this property is <br />$2,413,684. Staff requests approval of the <br />Listing Agreement. <br />Upon a motion by Ms. King, seconded by COMMISSION APPROVED THE LISTING <br />Mr. Downes and unanimously carried, the AGREEMENT WITH GRUBB & ELLIS /CRESSY & <br />Commission approved the Listing Agreement EVERETT FOR 401 BENDIx DRIVE <br />with Grubb & Ellis /Cressy & Everett for 401 <br />Bendix Drive. <br />(2) Resolution No. 2857 adopting <br />Architectural and Site Design Guidelines <br />for Ignition Park. <br />9 <br />