Laserfiche WebLink
South Bend Redevelopment Commission <br />Regular Meeting —March 27, 2012 <br />6. NEW BUSINESS (CONT.) <br />B. Airport Economic Development Area <br />(5) continued... <br />would make up the action points within a <br />Memorandum of Understanding to be <br />brought to the Commission for approval. <br />The terms approved at the Commission <br />meeting are the same as those included in the <br />Memorandum of Understanding, summarized <br />as follows: <br />Phase 1 of the project includes a request to <br />the Redevelopment Commission for the <br />following: <br />Sell the former Millennium <br />Environmental (ME) property to USTC for <br />$42,500 (the Commission's offering price). <br />2. Once the environmental remediation <br />is complete at the ME site, work with Indiana <br />Department of Environmental Management <br />to provide USTC with a comfort letter <br />allowing USTC to purchase the Millennium <br />Site without any environmental liability or <br />claims of lien holders. We have that for the <br />north half of the site; the state has committed <br />by April 19 to have the southern half of the <br />site cleaned so then staff will work to get a <br />letter for the full site. The site won't be sold <br />until staff receives the letter. <br />3. Initiate and support the vacation of <br />United Drive; work with adjacent property <br />owners to maintain reasonable access. There <br />is a street vacation request that goes to the <br />Common Council at its next meeting. The <br />Board of Public Works has approved the <br />17 <br />