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05-21-04 Redevelopment Commission Minutes
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05-21-04 Redevelopment Commission Minutes
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South Bend Redevelopment Commission <br />Regular Meeting- -May 21, 2004 <br />IL 6. NEW BUSINESS (CONT.) <br />G. West Washington- Chapin Development Area <br />(1) Commission approval requested for <br />proposal for professional services in the <br />West Washington- Chapin Development <br />Area. (Appraisal services, 1510 -1520 West <br />Washington Street) <br />Mr. Williams reported that a proposal for an <br />updated appraisal was requested from <br />Appraisal Group, Inc. for property located at <br />1510 -1520 West Washington Street; <br />commonly known as Oil Express, Inc. The <br />original appraisal, which was completed by <br />Appraisal Group, Inc., was contracted <br />through The South Bend Heritage <br />Foundation. In addition, a second appraisal <br />on the same property has been requested <br />from Farrington Appraisals, Inc. The <br />proposals are as follows: <br />Appraisal Group, Inc. (update) $ 300 <br />Farrington Appraisals, Inc. $1,500 <br />Two appraisals are required to establish fair <br />market values. Staff recommends accepting <br />the proposals from both Appraisal Group, <br />Inc. and Farrington Appraisals, Inc. <br />Upon a motion by Mr. Kahn, seconded by <br />Mr. Hunt and unanimously carried, the <br />Commission approved the request for <br />professional services in the West <br />Washington- Chapin Development Area and <br />authorized staff to retain Appraisal Group, <br />Inc. and Farrington Appraisals, Inc. based on <br />the scope of services and fee proposed. <br />H. Northeast Neighborhood Development Area <br />There was no business in the Northeast <br />IL Neighborhood Development Area. <br />11 <br />COMMISSION APPROVED THE REQUEST FOR <br />PROFESSIONAL SERVICES IN THE WEST <br />WASHINGTON -CHAPIN DEVELOPMENT AREA <br />AND AUTHORIZED STAFF TO RETAIN APPRAISAL <br />GROUP, INC. AND FARRINGTON APPRAISALS, <br />INC. BASED ON THE SCOPE OF SERVICES AND FEE <br />PROPOSED. <br />THERE WAS NO BUSINESS IN THE NORTHEAST <br />NEIGHBORHOOD DEVELOPMENT AREA. <br />
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