At the May 1, Benton Harbor City Commission meeting. the chamber was almost full of regulars and ne face of people waiting to find out the outcome of the e of the VI&­ cent Place and other city properties. The commission kept the audience in suspence until near the end of the meet­ mg. A City Cler Margaret Bowman read the resolution, naming Perry Ballard and Theodore Smith as the bid win­ ners of the Vmcent, you could see the disappoint.ment on the face of Winn WoH: the other bidder on the building. Ballard and Smith will pay the City of Be ton Harbor S200,OOO for the Vincent. A � deposit of $20,000 was paid to ,. 1 1B£ST. the city and the balance of J WJnu c.w.... S180,000 will be paid on the 00Ied closing. Their plans for the CtJI. 8PI!DAL building is to tum the first three floors into office pace and the remaining floors into apart­ ments. � According to Smith, Ballard P ns to move i bu ine � Perry Ballard Amertising agen­ cy in the building, The advertis ing agency is now located 0 Upton Drive, St. Joseph. Winn Wolf, who bid $275, for the purchase of the Vincen was very dissapointed in the out­ come. Wolf's plans were to lease the rust two floors and the base­ men to Jordan College, with po ible expansion of the col­ lege on the third floor. The rest of the floors were to be turned into office space. Wolf is the brother of Mayor William Wolf. Mayor Pro Tern Charles Yarbrough, who served on the committee to sell the Vincent, appointed several months ago by Mayor Wolf, said, "We named ourselves the Vincent Place Committee," and the "task was to ell the Vincent Hotel." "We. went through the process of advertising and receiving about six proposals and we narrowed them down to tw that we thought was accept­ able and we narrowed that two . down to one", said r arbrough. L.��I!I!I!'!II!I!I!I!II!I!'!'!'I!I!'!'!'�������������������������� "This was nota p e ure task, J�J0�tJtt�f0�ttttJittJft001�ttt�1�fltlt*�ltllilJm��f�mllitt�ftlli� �wasn�aeasy����� said and "we considered all aspects of the two proposals and came up with what we thought was the best proposal overall for the City of Benton Harbor. Commissioners Kerry Shan­ non and Steve Wooden both agreed that it was a very close decision and they had to pick one of the two. "Ballard and Smith had said that they would renovate the DICK REALTY GROUP "Etle1)'lltill We rOuda, Tums to SOW" ole building in nine months, while Wolf only planning on renovating the first "three floors", said Wooden. "One thing that persuaded me to go along with Ted Smith and Mr. Ballard was because of the money that they are plan­ ning 00 putting in it right away, compared to what Wino Wolf was talking about doing", Wooden said, and as of olf, "one thing that was good, h� was going to bring the CoQege in". Christopher Brooks� chair­ man of Downto Develop­ ment Authority Board and member of the committee to seU the Vincent Place, said, they would like to see Jordan College here, and they had instructed Oty Manager Steve Manning to do whatever it takes to locate space for Jordan College. Winn Wolf told t e commis­ sion th t he, "fully respects the decision of the commission" that they like to have housing in downtown Benton Harbor. "You voted for Perry Ballard and Ted Smith to own the build­ ing, and that's fine, but, I'm saying in nine months from today, they better have put $800,000 to S9OO,ooo invested in that building", he sa' "All I'm asking from B Uard and Smith is they do what they said they ould do, I'll be wait­ ing, and I'll be glad to take . over in nine months", he added Ballard told the reporters ofter the meeting that the plans that they have will allow them to put in very high quality, high level apartments, starting on the eighth floor and at the same tim develop from the 3rd floor up with a business incubator .. "Our plan calls for opening up one floor every three months", he tated. The que tion of whether there be a conflict with the tenants with children and the floors where the offices would be located, was asked of Bal- lard • " There would be no con- flict with the tenants with children in the building where the office are located", he said, .because "there will not be any children over the age of five and the building has two elevators. One we plan to use for the residential floor and the other for commercial", he said One reporter asked, 'why would he want to move into Benton Harbor'?' Ballard answered, "one of the things w the Enterprize Zone". "There . a lot of development going on downtown ", he added. Diane O'Dwyer, owner of the Landmark Ho el, 163 Col­ fax, Benton Harbor told Continu d on P 19 • '1