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South Bend Redevelopment Commission <br />Regular Meeting -February 8, 201 1 <br />St. Joseph County Commissioner's <br />February 24, 2011 tax sale. Staff believes <br />purchasing these properties from the tax sale <br />will allow for lower costs in the acquisition <br />process. <br />Both properties have been appraised. The <br />combined average appraised value for both <br />properties is $33,300. <br />Since these properties are already on the <br />acquisition list, staff requests approval of <br />Resolution No. 2840, authorizing staff to <br />take the necessary steps to register and bid on <br />these parcels, in a not to exceed amount of <br />$33,300. <br />Upon a motion by Ms. King, seconded by <br />Mr. Downes and unanimously carried, the <br />Commission approved Resolution No. 2840 <br />related to acquisition of property in the <br />Airport Economic Development Area. (Tax <br />sale properties 709 W. Indiana and 1527 S. <br />Kemble) <br />(2) Administrative Settlement for acquisition <br />of 1502 S. Chapin St. <br />Mr. Relos noted that the Uniform Relocation <br />Act (Act) authorizes an administrative <br />settlement in cases where an additional <br />payment is necessary to acquire and gain <br />clear title to a property. On September 17, <br />2010, the Commission approved Resolution <br />No. 2764, authorizing the purchase of 1502 <br />S. Chapin for its average appraised value of <br />$21,500. <br />Staff has been working with the property <br />owner, within the acquisition and relocation <br />sections of the Act, to reasonably reach an <br />agreement to acquire this property. <br />COMMISSION APPROVED RESOLUTION NO.2840 <br />RELATED TO ACQUISITION OF PROPERTY IN THE <br />AIRPORT ECONOMIC DEVELOPMENT AREA. <br />(TAX SALE PROPERTIES 709 W. INDIANA AND <br />1527 S. KEMBLE) <br />22 <br />