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South Bend Redevelopment Commission <br />Regular Meeting— September 28, 2001 <br />6. NEW BUSINESS (CONT.) <br />h. Continued... <br />227 East Broadway <br />621 East Broadway <br />625 East Broadway <br />638 East Broadway <br />1409 Marietta <br />1411 Marietta <br />1407 Rush <br />The staff report stated that two proposals <br />were submitted for title work in Area 2. The <br />first was from Metropolitan Title Company <br />for a fee of $2,100. Meridian Title <br />Corporation bid strictly on the title search, <br />but did not include the owners policies which <br />will be provided at a later time at additional <br />cost. Meridian Title's proposal for the <br />searches only was $600. The staff <br />recommended accepting the proposal from <br />Metropolitan Title Company. <br />Upon a motion by Mr. Kahn, seconded by <br />Mr. Faccenda and unanimously carried, the <br />Commission accepted the proposal from <br />Metropolitan Title Company for professional <br />services in the Sample -Ewing Development <br />Area. (Title work - Area 2) <br />i. Commission approval requested for <br />professional services in the Sample -Ewing <br />Development Area. (Appraisals - Area 2) <br />The staff report stated that three proposals <br />were submitted for appraisals in Area 2. The <br />first was from FM Stone Commercial for a <br />fee of $2,800. The second was from Wazak <br />Appraisals for $5,400. The third was from <br />Appraisal Specialists for $3,100. Two <br />appraisals are required. The staff <br />recommended the Commission accept the <br />proposals from FM Stone Commercial for a <br />9 <br />COMMISSION ACCEPTED THE PROPOSAL FROM <br />METROPOLITAN TITLE COMPANY FOR PROFESSIONAL <br />SERVICES IN THE SAMPLE -EWING DEVELOPMENT <br />AREA. (TITLE WORK - AREA 2) <br />