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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 />6. NEW BUSINESS <br />B. Tax Abatements <br />(1) continued... <br />Upon a motion by Mr. Hunt, seconded by <br />COMMISSION APPROVED RESOLUTION No. 2056 <br />Mr. Kahn and unanimously carried, the <br />APPROVING AN APPLICATION FOR REAL <br />Commission approved Resolution No. 2056 <br />PROPERTY TAX DEDUCTION FOR PROPERTY <br />approving an application for real property <br />LOCATED AT 5550 W. CLEVELAND ROAD IN THE <br />AIRPORT ECONOMIC DEVELOPMENT AREA. <br />tax deduction for property located at <br />(USF HOLLAND, INC.) <br />5550 W. Cleveland Road in the Airport <br />Economic Development Area. (USF <br />Holland, Inc.) <br />C. South Bend Central Development Area <br />(1) Commission approval requested for <br />proposal for professional services in the <br />South Bend Central Development Area. <br />(Appraisal services at 117 and 119 East <br />Wayne Street) <br />Mr. Williams reported that four (4) <br />proposals were requested for appraisal of the <br />retail space located at 117 and 119 East <br />Wayne Street. Three (3) proposals were <br />received and the information is as follows: <br />Jerome E. Michaels, MAI $2,000 <br />R. E. Pitts & Associates $1,000 <br />Ralph Lauver, MAI $2,000 <br />Two appraisals are required to establish fair <br />market values. Staff recommends accepting <br />the proposals from Jerome E. Michaels, <br />MAI and R. E. Pitts & Associates. <br />Upon a motion by Mr. Hunt, seconded by <br />Mr. Kahn and unanimously carried, the <br />Commission approved the request for <br />professional services in the South Bend <br />Central Development Area and authorized <br />staff to retain Jerome E. Michaels, MAI and <br />R. E. Pitts & Associates based on the scope <br />of services and fee proposed. <br />7 <br />COMMISSION APPROVED THE REQUEST FOR <br />PROFESSIONAL SERVICES IN THE SOUTH BEND <br />CENTRAL DEVELOPMENT AREA AND <br />AUTHORIZED STAFF TO RETAIN JEROME E. <br />MICHAELS, MAI AND R. E. PITTS & ASSOCIATES <br />BASED ON THE SCOPE OF SERVICES AND FEE <br />PROPOSED. <br />
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