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Community & Economic Development
1200 County -City Building, 227 West Jefferson, South Bend, Indiana 46601 -1830 Phone 574/235 -9371 Fax 574/235 -9021
To: Redevelopment Commission
From: David Relos, Economic Development Planner
Subject: Administrative Settlement for acquisition of 1511 S. Kemble Ave.
Date: September 27, 2011
This is a staff report for an administrative settlement that is needed for the acquisition of
1511 S. Kemble Avenue. According to the Uniform Relocation Act (Act), an administrative
settlement is authorized in cases where an additional payment is necessary to acquire a
property.
On September 27, 2011, the Commission approved Resolution No. 2942, which authorized
the purchase of this property based upon its average appraised value of $24,250. Staff has
been working with the property owner, within the acquisition and relocation sections of the
Act, to reasonably reach an agreement to acquire this property.
Approximately $17,500 additional is needed to pay off a 2005 mortgage and gain clear title
to this property. Under the Act, an administrative settlement is authorized, though not
required, in cases such as this. However, to acquire this particular property and gain clear
title to it, the Act does authorize this payment.
Staff feels the total approximate acquisition cost of $41,750 is reasonable for this property,
in light of its size, condition, and amenities, and requests your approval of the administrative
settlement needed to allow the acquisition of this property.
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