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0 <br />RESOLUTION NO 685 <br />RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION <br />APPROVING THE FAIR RE -USE VALUE OF LAND IN THE EAST <br />BANK DEVELOPMENT AREA <br />WHEREAS, the parcels of land listed on the attached Exhibit <br />"A" have been appraised by two qualified, independent, <br />professional real estate appraisers and a written and signed copy <br />of the appraisal 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 <br />and regulatory requirements and are acceptable for the <br />determination of fair value. <br />NOW, THEREFORE, BE IT RESOLVED, by the South Bend <br />Redevelopment Commission, Governing Body of the City of South <br />Bend Department of Redevelopment, that based upon such appraisals <br />and the review thereof, the fair value for the re -use indicated <br />of the parcels listed on Exhibit "A ", attached hereto and made a <br />part hereof, is established as shown thereon and all <br />documentation related to such determination is contained in the <br />Commission files. <br />Adopted at the Regular Meeting of the South Bend <br />Redevelopment Commission held on the 12th day of August, 1983 in <br />the Office of the Redevelopment Commission, Room 1200, <br />County -City Building, 227 West Jefferson Boulevard, South Bend, <br />Indiana 46601. <br />CITY OF SOUTH BEND, INDIANA <br />DEPARTMENT OF REDEVELOPMENT <br />F. Jay imtz, Preside <br />ATTEST: <br />A. Petffr D nald on, Secr tary <br />(SEAL) <br />