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South BendlRedevelopment Commission <br />Regular Me ting - January Z, 1981 <br />6. NEW <br />b. Mrs. Kolata continues.... <br />item on the agenda which is a Proclaimer <br />Ce tificate establishing the fair market value <br />foT property to be acquired in the East Bank <br />Area. These two items go together. <br />Mr. Nimtz: The Chair will announce that in <br />the Executive Session we went over the various <br />acquisition prices on these parcels, which, of <br />course, has to remain confidential under the <br />regulations and statutes, and I believe we are <br />in agreement concerning the same. Do I hear a <br />motion for the adoption of Resolution No. 631. <br />Mr. Robinson made a motion that Resolution No. <br />631 allowing the Executive Director to prepare, <br />execute, and submit Proclaimer Certificates as <br />they relate to the East Bank Area be adopted, <br />Mr. Cira seconded the motion and it was unani- <br />mously carried. <br />Mr. Cira: I just have one more question. How <br />do ATe know that the appraisals of Ralph Lauver <br />and Gettel are accurate. Do we have any know - <br />led e at all of that. <br />Mrs. Kolata: We have their personal reputations <br />to D7o on but also if you look at the two apprais- <br />als, none of them were significantly out of line <br />wita each other. <br />Mr. Cira: But does Gettel know that Lauver is <br />mak'ng that appraisal, and vice versa? <br />Mrs. Kolata Yes. It is not a secret project. <br />Mr.lCira: How do we know that they don't work <br />tog other. I'm just asking, how do we know that? <br />Mr. Sweeney: Bob, if I might speak to that, I <br />hav worked with these fellows for a long time <br />thr ugh the years or. all of downtown. These <br />two men probably have the best working know- <br />led ye of values of property in downtown South <br />Benl than any two people that even live in the <br />ciur now. They are so conversant with comparable <br />sal s. Both of these men are MAI's which is the <br />hig est designation one can achieve in their <br />fie d. Once you put these credentials on top of <br />the r actual experiences, it becomes very apparent <br />tha they are on top of the matter. In addition, <br />-7- <br />APPROVAL OF RESOLUTION <br />NO. 631 <br />