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South Bend Redevelopment Commission <br />Regular Meeting -April 3, 2009 <br />Commission approved Resolution No. 2573 <br />related to acquisition of property in the <br />AEDA. (1500 blk S. Franklin) <br />(2) Resolution No. 2574 approving and <br />accepting a counter offer for the <br />acquisition of property in the AEDA. <br />(1500 blk S. Franklin) <br />Mr. Relos noted that Engel Ventures has <br />submitted a counter offer in the amount of <br />$50,000. After researching the value of the <br />property and the depreciated value of its <br />improvements, staff feels the counter offer is <br />reasonable and recommends accepting it. <br />Upon a motion by Mr. Downes, seconded by <br />Ms. King and unanimously cai-~•ied, the <br />Commission approved Resolution No. 2574 <br />approving and accepting a counter offer for <br />the acquisition of property in the AEDA. <br />(1500 blk S. Franklin) <br />(3) Resolution No. 2575 related to acquisition <br />of propert~~ in the AEDA. (1200 blk S. <br />Franklin) <br />Mr. Inks asked that item 6.B.(3) be tabled. <br />Upon a motion by Ms. King, seconded by <br />Mr. Alford and unanimously caiTied, the <br />Commission tabled Resolution No. 2575 <br />until the April 17, 2009 meeting. <br />(4) Resolution No. 2576 approving and <br />accepting a counter offer for the <br />acquisition of property in the AEDA. <br />(1200 blk S. Franklin) <br />Mr. Inks asked that item 6.B.(4) be tabled. <br />Upon a motion by Ms. King, seconded by <br />COMMISSION APPROVED RESOLUTION NO. 2574 <br />APPROVING AND ACCEPTING A COUNTER OFFER <br />FOR THE ACQUISITION OF PROPERTY IN THE <br />AEDA. (1500 BLK S. FRANKLIN) <br />COMMISSION TABLED RESOLUTION NO. 2$75 <br />UNTIL THE APRIL 17, 2009 MEETING <br />COMMISSION TABLED RESOLUTION NO. 2576 <br />UNTIL THE APRIL 17, 2009 MEETING <br />