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6 � (f(,) <br />• r a n d u m SOUTH <br />Community & Economic Development <br />1200 County -City Building, 227 West Jefferson, South Bend, Indiana 46601 -1830 Phone 574/235 -9371 Fax 574/235 -9021 <br />To: South Bend Redevelopment Commission <br />From: Bill Schalliol, Economic Development Planner <br />Subject: Resolution No. 2791 <br />Date: October 12, 2010 <br />Attached is Resolution No. 2791 which sets the fair market value for the property referred to <br />as the Prairie Avenue Disposition Parcel. The property is located at 1313 Prairie Avenue <br />and is designated as tax parcels 18- 8021 - 0847.01, - 0847.08. The parcel is ± 2.04 Acres <br />(240' x 370') in size and contains an existing 6,432 SF building. The property is zoned "GI" <br />General Industrial District. <br />The proposed fair market value of the property as derived at by two independent MAI <br />appraisals is $189,000.00. <br />Staff requests approval of Resolution No. 2791. <br />What We Do Today Makes A Difference! <br />