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RESOLUTION NO. 1148 <br />RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION <br />APPROVING THE FAIR RE -USE AND LEASE /PURCHASE VALUE OF LAND IN <br />THE BLACKTHORN CORPORATE CENTER, <br />A PART OF THE AIRPORT ECONOMIC DEVELOPMENT AREA <br />WHEREAS, the property'listed on the attached Exhibit "A" <br />has been appraised by two qualified, independent, professional real <br />estate appraisers and a written and signed copy of the appraisal is <br />contained in the Commission files; and <br />WHEREAS, each such appraisal has been reviewed by <br />qualified Redevelopment staff and no corrections, revisions, or <br />additions were requested by such review; and <br />WHEREAS, the reviewer has reported that the appraisals are <br />complete and consistent in the factual data contained therein, <br />comply with existing statutory and regulatory requirements, and are <br />acceptable for the determination of fair value; <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend <br />Redevelopment Commission, Governing Body of the City of South Bend <br />Department of Redevelopment, that based upon such appraisals and <br />the review thereof, the Fair Re -use and the Lease /Purchase Value of <br />the property indicated on Exhibit "A ", attached hereto and made a <br />part hereof, is established as shown thereon and all documentation <br />related to such determination is contained in the Commission files. <br />Adopted at the Regular Meeting of the South Bend <br />Redevelopment Commission, held on the 19th day of March, 1993, in <br />Room 1308, County -City Building, 227 West Jefferson Boulevard, <br />South Bend, Indiana 46601. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />i <br />Paula N. Auburn, President <br />ATTEST: <br />Theo Sharp, ecretary <br />