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South Bend Redevelopment Commission <br /> Regular Meeting—April 12, 2011 <br /> begin the default process and authorize Don <br /> Inks to sign any necessary documents. <br /> Mr. Varner asked whether they purchased <br /> this property already and Mr. Meteiver <br /> responded yes and they paid us for it. Mr. <br /> Varner asked whether we can we market it <br /> for more than $114,000? Mr. Gibney <br /> responded that we cannot. Chapin Street is <br /> gaining a lot of attention with upcoming <br /> improvements. If Raitt comes forward soon <br /> great, but the staff would like to be free to <br /> negotiate. <br /> Ms. King asked if we would be paying back <br /> the purchase price on property and Mr. <br /> Metriever responded that we are. <br /> Upon a motion by Ms. King, seconded by COMMISSION AUTHORIZED STAFF TO BEGIN <br /> Mr. Downes and unanimously carried, the DEFAULT PROCEEDINGS FOR 812 OLIVER PLOW <br /> Commission authorized staff to begin default COURT.(OLIVER INDUSTRIAL PARK) <br /> proceedings for 812 Oliver Plow Court. <br /> (Oliver Industrial Park) <br /> C. West Washington-Chapin Development Area <br /> There was no business in the West Washington- <br /> Chapin Development Area. <br /> D. South Side Development Area <br /> (1) Resolution No. 2865 approving and <br /> authorizing the execution of an Addendum <br /> to the Master Agency Agreement (Fellows <br /> Street Corridor Improvement Project) <br /> Mr. Schalliol noted that over the last several <br /> months, city staff has been working to <br /> finalize design plans for the Main-Lafayette <br /> Connector project that will aid in traffic <br /> circulation in the area west of Michigan <br /> Street between Chippewa and Ireland. City <br /> 22 <br />