HomeMy WebLinkAboutNo. 0534 approving fair reuse value of land, approving the reviewing appraiser's report in the Downtwon Urban Area in Project IN R-66RESOLUTION NO. 534
RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION
GOVERNING BODY OF THE DEPARTMENT OF REDEVELOPMENT OF
THE CITY OF SOUTH BEND APPROVING FAIR REUSE VALUE OF
LAND AND APPROVING THE REVIEWING APPRAISER'S REPORT
IN THE DOWNTOWN URBAN AREA IN PROJECT IND. R -66
WHEREAS, the parcels of land listed on the attached Exhibit
"A"have been appraised by two qualified, independent, professional
real estate appraisers and a written and signed copy of the appraisal
is contained in the Local Public Agency files;,and
WHEREAS, each such appraisal has been reviewed by Nicholas
C. Jannatta M.A.I., C.R.E. and Joseph M. West, M.A.I., C.R.E. 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
administrative requirements of the U. S. Department of Housing and
Urban Development and are acceptable for the determination of fair
value.
NOW, THEREFORE, BE IT RESOLVED, by the South Bend Rede-
velopment 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 reuse indicated of the
parcels 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 Local Public Agency files.
Adopted at the Regular Meeting of the South Bend Rede-
velopment Commission, held on the 17th day of September, 1976, in
the Office of the Commission, Room 1200, County -City Building,
227 West Jefferson Boulevard, South Bend, Indiana 46601.
CITY OF SOUTH BEND, INDIANA
DEPARTMENT OF REDEVELOPMENT
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