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OLIth Bend Rede elopnient Commissioll <br />Resche lUle :1 i �1lar e tin . - - -. a , 2007 <br />. NEW BUSINESS ONT. <br />C. South Bead Central Development Area <br />(6) continued... <br />we'd have to be careful to meet. the statutory <br />disposition process. Mr. Leone stated that he <br />would look into the legalities of that <br />suss estiotl. <br />1 -1pon a motion by Mr. K'1110, , econded by <br />Mr. Downes and un.anin ously carried., the <br />Commission authorized publication l.ieation of the <br />Notice o-f Intended i osition of Property <br />with publication dates of May 11 and <br />Liy 18, 2()()7 and R ec el pt of Bids to be <br />10-00 a_m., June 1, 2007. <br />Commission approval requested for <br />Resolution No. 2336 approving the Fair <br />1. rket Value of Property in h South <br />Bend Central Development Area. (former <br />Art Mosaic Tile) <br />Mr. Schalliol noted that Resolution No. 2336 <br />I p -o �e f the f i r - value of the Art <br />Mosaic Tile property which consists of four <br />parcels located at 8 17 and 903 E. Sample St. <br />tax ley numbers 18-3037-1433, 18-3037- <br />1434 18-3037-1435., and 18-3037-1436. <br />l.e pay -eel is an irregularly shaped parcel <br />consisting of approximately 17,000 sft with. a <br />l ,200 sft building at 81TE. Sample St. and <br />an approximately 3,500 sft building at 903 E. <br />Sample. lie property is zoned G1 — General <br />Business. The -fair market value of the <br />property ire. an " s is 11 condition has been <br />deterniIned to he S 6 2 , 10 o as derived by <br />averagmg two independent appraisals. Staff <br />requests approval. <br />1 <br />PLIBLIC2 "NO A -1 1 MAY <br />11.:' ND MAY 18, 20[ 7 ANA. i_ {I`11' ,0 F B IDs ,.F0 <br />