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South Bend Redevelopment Commission <br />Regular Meeting - October 1, 1993 <br />6. NEW BUSINESS (Cont.) <br />a. continued... <br />neighborhood: two are assigned to each <br />piece of property, but they are not always <br />the same two from property to property. <br />The appraisers are working for the <br />Commission, but they are independent <br />appraisers. They come up with the value <br />that they see as the value of the property and <br />they report it to the Commission. Because <br />the Commission is the one hiring the <br />appraisals, and because of some wording <br />within the state law, the appraisals are the <br />property of the Commission and the <br />Commission has never made copies of those <br />appraisals available to the homeowners. <br />MS. MARSH: Since you mentioned the state <br />law, by what jurisdiction of state law.... <br />MS. KOLATA: It's under the redevelopment <br />statute and I can give you the specific <br />citation: it's 36- 7- 14 -19. It has to do with <br />acquisition of property. What happens, <br />then, is that the staff gets the two appraisals, <br />they are read, they are reviewed, and a price <br />is put forward as the staff recommendation <br />on price. Almost always it is the average of <br />the two appraisals. I won't say that it is, <br />100 % of the time, the average of the two <br />appraisals, but, as a rule, well over 90 % of <br />the time, what we offer is the average of the <br />two appraisals. That is what is brought to <br />the Commission. <br />MS. MARSH: How do I gain access to that <br />information? <br />-10- <br />