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r � <br />RESOLUTION NO. 1011 <br />RESOLUTION OF THE SOUTH BEND REDEVELOPMENT <br />COMMISSION APPROVING THE FAIR RE -USE VALUE OF <br />PROPERTY IN THE SOUTH BEND CENTRAL DEVELOPMENT AREA <br />WHEREAS, the property listed on the attached Exhibit "A" has <br />been appraised by two qualified, independent, professional real <br />estate appraisers and a written and signed copy of their appraisals <br />is contained in the Commission files; and <br />WHEREAS, each such appraisal has been reviewed by qualified <br />Redevelopment staff and no corrections, revisions, or additions <br />were requested by such review; and <br />WHEREAS, the reviewer has prepared a written report which <br />indicates that the appraisals are complete and consistent in the <br />factual data contained therein, comply with existing statutory and <br />regulatory requirements and are acceptable for the determination of <br />co 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 value for the re -use indicated of the <br />property listed in Exhibit "A ", attached hereto and made a part <br />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 Redeveloment <br />Commission held on the 9th day of August, 1991 in the Office of the <br />Redevelopment Commission, Room 1200 County -City Building, 227 West <br />Jefferson Boulevard, South Bend, Indiana 46601. <br />ATTEST: <br />Michael Donoho, Secretary <br />A <br />CITY OF SOUTH BEND, INDIANA <br />REDEVELOPMENT COMMISSION <br />� v <br />Paula AuburnU President <br />