HomeMy WebLinkAboutNo. 0656 approving the fair re-use value of land in the Monroe-Sample Development Area (light industrial)A
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RESOLUTION NO. 656
RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION
APPROVING THE FAIR RE -USE VALUE OF LAND IN THE MONROE-
SAMPLE DEVELOPMENT AREA
WHEREAS, the parcel(s) of land listed on the attached Exhibit "A" has been
appraised by two qualified, independent, professional real estate appraisers and
a written and signed copy of the appraisal is contained in the Commission files;
and
WHEREAS, each such appraisal has been reviewed by qualified Redevelopment
staff and all corrections, revisions, or additions requested by such review have
been duly made by the original appraiser; and
WHEREAS, the reviewer has prepared a written report which indicates that
the appraisals are complete and consistent in the factual data contained therein,
comply with existing statutory and regulatory requirements and are acceptable for
the determination of fair value.
NOW, THEREFORE, BE IT RESOLVED, by the South Bend Redevelopment Commission,
Governing Body of the City of South Bend Department of Redevelopment, that based
upon such appraisals and the revi,e-0 thereof, the fair value for the re -use indi-
cated of the parcel(s) listed in Exhibit "A ",attached hereto and made a part here-
of, is established as shown thereon and all documentation related to such deter-
mination is contained in the Commission files.
Adopted at the Regular Meeting of
held on the 12th day of March, 1982
mission, Room 1200, County -City Building,
Bend, Indiana 46601.
ATTEST:
eter Donaldson, Secretary
(SEAL)
1A
the South Bend Redevelopment Commission,
in the Office of the Redevelopment Com-
227 West Jefferson Boulevard, South
CITY OF SOUTH BEND, INDIANA
DEPARTMENT OF REDEVELOPMENT
F. Jay Nii,,!t , President
DISPOSITION
PARCEL NO.
15
MONROE- SAMPLE DEVELOPMENT AREA RESOLUTION NO. 656
APPROXIMATE
SQUARE FEET
2,393
EXHIBIT "A"
RE -USE
VALUATION
$5,815.00
PROPOSED
RE -USE
Light Industrial