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RM 11-17-89
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RM 11-17-89
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South Bend pedevelopiient cmuission <br />Rescheduled Regular Meeting - November 17, 1989 <br />6. NEW BW IlIFSS (Cont.) <br />i. continued... <br />j• <br />We wish to use $14,020 to purchase the <br />prcperty c cumonly Down as the East <br />Sector Substation. The City has been <br />pLuchasuig that property on land <br />co tract. This will pay off the land <br />contract and reimburse the City for some <br />of the expenditures it has made this <br />yezr. Title will come to the City of <br />South Bend through the Board of Public <br />Wo ks which will then transfer title to <br />the Redevelopment Ca ussion. When the <br />Ccomission has title to the property it <br />will enter into a lease with the Park <br />Derartment which is using the building <br />fo its East Race operations. <br />Upon a motion by Ms. Auburn, seconded by <br />Mr. Piasecki and unanimously carried, the <br />Ccomission approved Resolution No. 899 <br />declaring its intention to purchase real <br />estate caromonly known as 126 Niles <br />Avonue, South Bend, Indiana, and <br />aporcpriating money for said purchase. <br />Kolata noted that this is similar to <br />two other resolutions approved earlier <br />%ihich authorized reimbursement to the <br />City for UDAG money spent in the Rum <br />Village ' area several years ago. We have <br />aheady reimbursed the City approximately <br />$5(0,000. Resolution No. 900 would <br />authorize the reimbursement of an <br />additional $32,000. It is our intention <br />that $2,000 of that will be appropriated <br />by the Council to cover some increased <br />coEts on the road nprovements in <br />connection with the Caamammi.cation Test <br />Design project in the Airport Industrial <br />Peuk. The other $30,000 is intended to <br />-25- <br />M• 6161 RMN Kell •••• �� •�.• • <br />• ... • <br />IM Us <br />• •ter ati ••i• <br />
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