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South Bi <br />Regular <br />11 <br />B. <br />Redevelopment Commission <br />-ting — August 16, 2012 <br />BUSINESS (CONT.) <br />Economic Development Area <br />(8) Authorization to publish Notice of <br />Intended Disposition of Property with <br />publication dates of August 24 and August <br />31, 2012 and receipt of bids at 9:30 a.m., <br />September 13, 2012. (1017 W. Indiana <br />Ave.) <br />Upon a motion by Mr. Varner, seconded by <br />Mr. Dowries and unanimously carried, the <br />Commission authorized publication of the <br />Notice of Intended Disposition of Property <br />with publication dates of August 24 and <br />August 31, 2012 and receipt of bids at 9:30 <br />a.m., September 13, 2012. (1017 W. Indiana <br />Ave.) <br />Resolution No. 3061 approving the Fair <br />Market Value of Property in the Airport <br />Economic Development Area. (1527 S. <br />Kemble) <br />Mr. Relos noted that Resolution No. 3061 <br />sets the fair market value for 1527 S. Kemble <br />Ave. at $2,500, the average of two <br />independent appraisals. Staff requests <br />approval of Resolution No. 3061. <br />Upon a motion by Mr. Varner, seconded by <br />Mr. Downes and unanimously carried, the <br />Commission approved Resolution No. 3061 <br />approving the Fair Market Value of Property <br />in the Airport Economic Development Area. <br />(1527 S. Kemble) <br />0) Bid Specifications and Design <br />Considerations for property located at <br />1527 S. Kemble. <br />22 <br />COMMISSION AUTHORIZED PUBLICATION OF THE <br />NOTICE OF INTENDED DISPOSITION OF <br />PROPERTY WITH PUBLICATION DATES OF <br />AUGUST 24 AND AUGUST 31, 2012 AND RECEIPT <br />OF BIDS AT 9:30 A.M., SEPTEMBER 13, 2012. <br />(10 17 W. INDIANA AVE.) <br />COMMISSION APPROVED RESOLUTION NO. 3061 <br />APPROVING THE FAIR MARKET VALUE OF <br />PROPERTY IN THE AIRPORT ECONOMIC <br />DEVELOPMENT AREA. (1527 S. KEMBLE) <br />