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South Bend Redevelopment Commission <br />Regular Meeting — December 2, 2005 <br />6. NEW BUSINESS (CONT.) <br />D. South Bend Central Development Area <br />(1) Commission approval requested for <br />Resolution No. 2193 related to acquisition <br />of property in the South Bend Central <br />Development Area. (Art Mosaic Tile) <br />Mr. Schalliol noted that earlier in the <br />Commission meeting the Commission <br />approved Resolution No. 2192, amending the <br />South Bend Central Development Area <br />Development Plan to add the Art Mosaic Tile <br />properties to the Acquisition List. Resolution <br />No. 2193 authorizes the sending of a <br />purchase offer for those properties. The <br />average of two appraisals has established the <br />purchase price at $86,500 for all four parcels. <br />Upon a motion by Mr. King, seconded by <br />Mr. Downes and unanimously carried, the <br />Commission approved Resolution No. 2193 <br />related to acquisition of property in the South <br />Bend Central Development Area (Art Mosaic <br />Tile) <br />(2) Commission approval requested for <br />proposal for professional services in the <br />South Bend Central Development Area <br />(Appraisal, Sycamore St. properties) <br />Mr. Williams noted that at the November 18 <br />Commission meeting, the Commission <br />authorized title work to be performed on <br />seven properties on Sycamore St. so that the <br />properties could be made available to any <br />developer interested in making a proposal for <br />the Rink Riverside property. In order for the <br />property to be available for development, the <br />Commission must establish a price based on <br />two disposition appraisals. Staff sought <br />13 <br />COMMISSION APPROVED RESOLUTION NO. 2193 <br />RELATED TO ACQUISITION OF PROPERTY IN THE <br />SOUTH BEND CENTRAL DEVELOPMENT AREA <br />(ART MOSAIC TILE) <br />