HomeMy WebLinkAboutNo. 0649 approving the fair re-use value of land in the Monroe Sample Development Areac,�
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RESOLUTION NO. 649
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 ap-
praisers 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 there-
in, comply with existing statutory and regulatory requirements and are accept-
able 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 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
thereof is established as shown thereon and all documentation related to such
determination is contained in the Commission files.
Adopted,at the Rescheduled Regular Meeting of the South Bend Redevelopment
Commission, held on the 24th day of November, 1981, in the Office of the Rede-
velopment Commission, Room 1200, County -City Building, 227 West Jefferson
Boulevard, South Bend, Indiana 46601.
ATTEST:
A. Pe r Donaldson, Secretary
(SEAL)
CITY OF SOUTH BEND, INDIANA
DEPARTMENT OF REDEVELOPMENT
[A
DISPOSITION
PARCEL NO.
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MONROE- SAMPLE DEVELOPMENT AREA RESOLUTION NO. 649
EXHIBIT "A"
APPROXIMATE
SQUARE FEET
RE -USE
VALUATION
$22,750.00
PROPOSED
RE -USE
Light Industrial