6D(3) Resolution No. 2747 - Laserfiche WebLink

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l~ ~ ~3~ ~ C yJ • • SpUTF1 B O~ ~\`Iiil~Cl//FdO Community & Economic Development '~~~~"~",~ ~~~,._ 7865 1200 County-City Building, 227 West Jefferson, South Bend, Indiana 46601-1830 Phone 574/235-9371 Fax 574/235-9021 To: Redevelopment Commission From: Bill Schalliol, Economic Development Planner ~~v~i Subject: Resolutions 2747 and 2748 -Acquisition Offering Resolutions 2014 & 2018 South Main Street Date: August 17, 2010 Attached to this staff report are Resolutions 2747 and 2748 which set the acquisition offering price for adjacent properties at 2014 and 2018 South Main Street. The properties are immediately north of the former EMI building located at 2020 South Main Street. The property at 2014 South Main is a marginally improved lot with some paved surface and a large McDonald's sign on the corner of the lot. The sign advertises the McDonald's restaurant located on South Michigan Street. Retention of the sign in an easement is a condition of purchase as stated by the owner. The property appraised at an average value of $5,840.00. Staff requests approval of Resolution 2747 to set the acquisition offering price for 2014 S Main Street at $5,840.00. The property at 2018 South Main Street is a dirt/gravel lot that has been traditionally used as overflow parking for adjacent businesses. The lot is unimproved and shares a common border with the EMI property. The main entrance door of EMI and staircase is on the property line between the two parcels. The property appraised at an average value of $5,200.00. Staff requests approval of Resolution 2748 to set the acquisition offering price for 2018 S Main Street at $5,200.00. What We Do Today Makes A Difference!