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~ ~~~ <br />Community & Economic <br />SpU7fJ 6 <br />;ham ~ ~ ~ ,„Z1 <br />~~ ~~s <br />Development `~~%;~~~~a?' <br />r <br />~~ . <br />~_.. J865_ . <br />1200 County-City Building, 227 West Jefferson, South Bend, Indiana 46601-1830 Phone 574/235-9371 Fax 574/235-9021 <br />To: Redevelopment Commission <br />From: David Relos, Economic Development Planner/,~i'~ <br />Subject: Professional Services Agreement ~J <br />Appraisals -Transpo Northside Blvd site <br />Date: August 20, 2010 <br />The current Transpo maintenance facility along Northside Blvd is currently being studied as <br />an expansion area to the South Bend Central Development Area (SBCDA). The western <br />part of this site is included in the SBCDA, while the eastern part is not. The East Bank Plan <br />Phase II (Howard Park neighborhood plan) identifies this site for future development of <br />residential housing. <br />As part of the planning process for the expansion and inclusion of this entire site in to the <br />SBCDA, a cost estimate is needed. For this reason, we have solicited quotes to appraise <br />the property. The attached appraisals are the two low quotes. <br />This property contains 12 parcels, is separated by a road, has different zoning <br />classifications, and includes the current buildings of the old maintenance facility. Because <br />of the difficulty in appraising this property, the quotes by appraisers are higher than the <br />Commission's contract limits. <br />Staff requests approval of the attached two low appraisal quotes for this property, to allow <br />appraisals to be completed and the planning process to continue. <br />What We Do Today Makes A Difference! <br />