HomeMy WebLinkAboutNo. 0653 approving the fair re-use value of land in the Monroe Sample Development Area440
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RESOLUTION NO. 653
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 appraisal and the review thereof, the fair value for the re -use indi-
cated of the parcel(s) listed in Exhibit "A" attached hereto and made a part there-
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 the South Bend Redevelopment Commission,
held on the 5th day of February 1982, in the Office of the Redevelopment Commis-
sion, Room 1200, County -City Building, 227 West Jefferson Boulevard, South
Bend, Indiana 46601.
AIIt51:
Ater onaIdson- Secretary
(SEAL)
CITY OF SOUTH BEND, INDIANA
DEPARTMENT OF REDEVELOPMENT
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DADrrI nln
4 -1
(Max's Grocery)
MONROE- SAMPLE DEVELOPMENT AREA RESOLUTION NO. 653
CVHTDTT 11A11
APPROXIMATE
SQUARE FEET
Land Area: 4,468
There is a two -
story, brick build-
ing on the parcel
RE -USE PROPOSED
VALUATION RE -USE
$6,550.00 All uses permitted under
A, A -1 and B zoning as
identified in Chapter
21 of the Municipal Code
of the City of South Bend