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South Bend <br />Regular Mee <br />6. NEW BUS <br />f. Con <br />Jos, <br />fir <br />Ass, <br />Hol <br />121 <br />tow <br />uni <br />apa . <br />one <br />bed <br />$42 <br />inc <br />uni <br />fla <br />1,5 <br />sit <br />wil <br />and <br />The <br />al <br />due <br />the <br />est. <br />elopment Commission <br />- August 23, 1985 <br />(Cont.) <br />ph River. Two bids were received. The <br />-t is from Mill Race Recreational <br />,ciates which is affiliated with the <br />aday Corporation. The project consists of <br />residential units, 21 of which will be <br />houses with one garage space under each <br />and 100 one floor apartment flats. The <br />tments will range from 700 s.f. for the <br />bedroom flats to 1,250 s.f. for the three <br />oom townhouses. The rents will range from <br />per month to $720 per month, which will <br />ude water, sewer and one parking space per <br />1. 74 parking spaces for the apartment <br />.s will be garage spaces. There will be a <br />.1 of 240 parking spaces. This will <br />ude approximately 60 spaces for the second <br />e of the project which is a 15,000 s.f. <br />th club facility to be located in the <br />.er of the project with an outdoor swimming <br />and fitness course. There will also be a <br />0 s.f. commercial building included on the <br />The height of the residential units <br />be three stories for the center portions <br />two stories for the end portions. The <br />osed materials would be brick and wood. <br />project is expected to be completed in two <br />es. The first phase would be completed in <br />which would consist of 61 of the <br />dential units and the health club. The <br />nd phase would be completed in 1987 which <br />d be the other 60 units. The proposed <br />hase price is $300,001.00 subject to <br />ral concerns, including possible <br />fications to a public access easement <br />g the St. Joseph River and the other <br />ing with excessive site preparation costs <br />to old foundations and raceways underneath <br />existing land. The total project cost is <br />mated at $5.7 million. The proposed <br />lopers would be using Multi - family Revenue <br />.s to fund the project and would be <br />ying for tax abatement. <br />The second proposal was received from Clinton <br />E. Hutchcraft & Associates on behalf of a <br />partnership to be formed under Indiana law. <br />The proposed project would consist of 204 <br />residential units, 96 of which would be one <br />Bt-is <br />STAFF REPORT ON BID OPENING <br />OF AUGUST 19, 1985 <br />