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&13(x) <br />Community & Economic Development r <br />�s <br />1200 County -City Building, 227 West Jefferson, South Bend, Indiana 46601 -1830 Phone 574/235 -9371 Fax 574/235 -9021 <br />To: South Bend Redevelopment Commission <br />From: Matthew Sikora, Economic Development Planner �s <br />Subject: Resolution No. 2959 <br />Date: November 22, 2011 <br />Attached is Resolution No. 2959, which sets the fair market value for property located at <br />401 North Bendix. The entire property is 29.46 acres in size and is zoned "LI" or Light <br />Industrial. <br />The proposed fair market value of the property as listed on the attached resolution was <br />derived by averaging two independent MAI appraisals. <br />Staff requests approval of Resolution No. 2959. <br />What We Do Today Makes A Difference! <br />