No. 0631 authorizing the preparation, execution, use/submission of proclaimer certificate in connection with the East Bank Development Area

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PROCLAIMER CERTIFICATE NUMBER 1 RELATIVE TO ESTABLISHMENT OF FAIR MARKET VALUE FOR PROPERTY TO BE ACQUIRED EAST BANK DEVELOPMENT AREA I, Patrick M. McMahon, the duly appointed, qualified and Executive Director of the Civil City of South Bend, Indiana, Department of Redevelopment ( "De- partment"), hereby certify that I have been authorized, by Resolution No. 631, duly adopted by the South Bend Redevelopment Commission at a regular meeting on January 2, 1981, as set forth in the minute book on file at Room 1200, County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana, 46601, to make the following certification and that the statements contained herein are true and correct to the best of my knowledge and belief: 1. Each parcel in the East Bank Development Area, listed in the attach- ment to this Proclaimer Certificate, has been appraised by at least two qualified, independent, professional real estate appraisers, and a written and signed copy of each such appraisal is contained in the Department files. 2. Each such appraisal has been reviewed by the Department and all cor- rections, revisions, or additions requested by the Department have been made by the original appraisers. 3. The reviewer has prepared a written report which indicates that the appraisals are complete and consistent in the factual data contained therein, and are acceptable for the determination of fair market value. 4. Based upon such appraisals and the review thereof, the Department has established the fair market value of each parcel listed herein and all documentation related to such determination is contained in the Department files. See Attachment "A" attached hereto and made a part hereof. Date /-_57- 8/ Patrick M. McMahon, Executive Director Civil City of South Bend, Indiana Department of Redevelopment