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Home My WebLink About6HSouth Bend Redevelopment Commission �a q Contracts To Be Ratified June 28, 2011 Commission Role in Contract Staff Transaction Contractor Service Provided Amount Member 1510 S. Kendall Acquisition Michaels Appraisal Appraisal $375. Relos Services 1510 S. Kendall Acquisition Witt Appraisal Appraisal $350. Relos Services 237 N. Michigan Disposition Meridian Title Title Search $150. Relos Corp. 1510 S. Kendall Acquisition Meridian Title Title Search $150. Relos Corp. 1327 -1331 South Acquisition Michaels Appraisal Appraisal $1,975. Sikora Michigan St. Services 1327 -1331 South Acquisition R.E. Pitts & Appraisal $2,250. Sikora Michigan St. Associates Michaels Appraisal Services 116 S. St. Louis Blvd., South Bend, Indiana 46617 574 - 234 -5256 christopher.michaels @comcast.net To: Dave Relos, Economic Development Planner From: Christopher Michaels, Real Estate Appraiser Date: June 13, 2011 Subject: Residential Appraisals Proposal Per your request, the fee for my services to appraise 1510 S Kendall will be $375. The projected time frame for completion will be five days from date of inspection. Thank you for your consideration. Please let me know if you have any questions or concerns. Best Regards Christopher J Michaels Jun 1311 06;30p WITT APPRAISAL CITY OF SOUTH BEND DEPARTMENT OF COMMUNITY & ECONOMIC DEVELOPMENT ATTN: DAVID RELOS DATE: 6/13/2011 FROM: WITT APPRAISAL SERVICES, INC DAVID M. WITT 51447 HIGHLAND SHORES DR GRANGER, IN 46530 RE: APPRAISAL PROPOSAL KEY # 18- 8026 -1038 1510 S. KENDALL STREET SOUTH BEND, IN 46613 574 - 277 -1455 p.1 I PROPOSE TO APPRAISE FOR MARKET VALUE THE ABOVE PROPERTY FOR A FEE OF $350.00 AND DELIVER THE REPORT WITHIN 7 DAYS OF RECIEPT OF YOUR ORDER. THANK U FOR YOUR CONSIDERATION. SINCE EL / DAVID M. WITT WITT APPRAISAL SERVICES, INC wittappraisalc@comcast.net PHONE 574- 277 -3700 FAX 574277 -1455 Meridian Title Corporation 202 S. Michigan St., Suite 300 South Bend, IN 46601 574 - 232 -5845 City of South Bend Department of Redevelopment Commission 227 W. Jefferson, Suite 1200 County -City Building South Bend, IN 46601 File Number Transactee Client's File # Class /Description 11 -25866 City of South Bend, for Search and Exam Fee the use and benefit of its Department of Redevelopment Invoice Date: 06/09/2011 Number: 10222 Memo Amount $150.00 Total $150.00 Total Due $150.00 Meridian Title Corporation Invoice 202 S. Michigan St., Suite 300 South Bend, IN 46601 574 - 232 -5845 Date: 06/16/2011 Number: 10769 City of South Bend Department of Redevelopment Commission 227 W. Jefferson, Suite 1200 County -City Building South Bend, IN 46601 File Number Transactee Client's File # Class /Description Memo Amount 11 -26371 Villalba, Irma Abstract or Title Search 1510 Kendall Street, South Bend, IN 46613 Total $150.00 $150.00 Total Due $150.00 Page 1 of 1 Matt Sikora - Acquisition appraisal request -- 1327 -1331 South Michigan Street From: Matt Sikora To: christopher .michaels @comcast.net; dick @aerovisionphoto.com; macoss @comcast.net; pittsmai @aol.com Date: 6/16/20114:17 PM Subject: Acquisition appraisal request -- 1327 -1331 South Michigan Street CC: Schalliol, Bill Attachments: Schalliol, Bill Gentlemen I am writing to indicate the South Bend Redevelopment Commission's interest in receiving a proposal for an acquisition appraisal for the property identified as : 1327 -1331 South Michigan Street South Bend IN 46601 Tax No. 018 - 8004 -0227 This property is zoned "Mixed Use" and currently houses a month -to -month tenant (a small church congregation). It sits adjacent to city-owned property and, if acquired, will likely be demolished in preparation for future development. A proposal should include the rp ice and a projected time frame for completion of the appraisal. Please submit proposals (via e-mail, fax or US Mail) to the Community & Economic Development Office no later than 12:00 noon on Wednesday, June 22, 2011. I've attached a letter from the owner to Bill Schalliol regarding the property for your reference. If interested, please submit proposals to: Matthew Sikora Economic Development Planner 227 West Jefferson Boulevard 1200S County-City Building South Bend IN 46601 574 235 5834 Telephone 574 235 9021 Fax msikora0)south bend in. gov Thank you for your consideration, Matt Matthew Sikora Economic Development Planner City of South Bend Community & Economic Development 574.235.5834 phone 574.235.9021 fax msikora @southbendin.4ov file://C: \Documents and Settings \MSIKORA \Local Settings \Temp \XPgrpwise \4DFA2C84... 6/22/2011 Michaels Appraisal Services 116 S. St. Louis Blvd., South Bend, Indiana 46617 574 - 233 -1449 christopher .michaels @comcast.net To: Matt Sikora, Economic Development Planner From: Jerome E. Michaels, Real Estate Appraiser Date: June 21, 2011 Subject: Commercial Appraisal Proposal Per your request, the fee for my services to appraise 1327 -1331 South Michigan St. would be $1,975. The projected time frame for completion will be within two weeks from date of inspection. Thank you for your consideration. Please let me know if you have any questions or concerns. Best Regards Jerome E. Michaels R. E. PITTS & ASSOCIATES, INC. Real Estate Appraisers • Consultants Mr. Matt Sikora, Economic Development Planner June 22, 2011 South Bend Department of Community & Economic Development 227 West Jefferson Blvd., Suite 1200S South Bend, IN 46601 -1830 Re: Appraisal Proposal, Economic Development Area, South Bend, IN Dear Mr. Sikora: Pursuant to your request, I hereby submit a proposal for appraisal services for the subject property referenced below. The appraisal shall be prepared for and is for the sole and exclusive use of the client and its assigns. The purpose of the appraisal is to estimate the Market Value of the Fee Simple Interest in the subject property "As -Is ". In this appraisal assignment, the appraiser will consider all recognized approaches to value and will apply the relevant approach or approaches. The effective valuation date of the appraisal will be the date of inspection of the property by the undersigned appraiser. The appraisal will be reported in Summary Narrative format and will conform to the reporting requirements of Standards Rule 2 -2b of the Uniform Standards of Professional Appraisal Practice (USPAP). The completion date for the assignment is estimated to be within 21 days upon of acceptance of this proposal and receipt of any relevant documentation needed for preparation of the reports in a timely manner. I will furnish (2) original copies of the appraisal report. An invoice for the appraisal fee will be submitted at the time the report is completed. 2 -Story Commercial Building (Elenora F. Adams Trust) 1327 -1331 S. Michigan Street, South Bend, IN (Key #018- 8004 -0227) Appraisal Fee: $2,250 Sincerely, R.E. PITTS & ASSOCIATES, INC. oz',e/c 6;�& — Rick Pitts, MAI Indiana Certified General Appraiser, License 4CG69100722 Engagement Letter Accepted: Signature Rick Pitts, MAI 50580 Woodbury Way • Granger, IN 46530 574- 272 -3224 • Fax: 574- 272 -3224 MAI PittsMAI @aol.com Date