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o r a n d u rn SpUTH B� <br />O � \A111�I�i� /i'1O <br />Community & Economic Development r_ <br />1200 County -City Building, 227 West Jefferson, South Bend, Indiana 46601 -1830 Phone 574/235 -9371 Fax 574/235 -9021 <br />To: South Bend Redevelopment Commission <br />From: Matthew Sikora, Economic Development Planner <br />Subject: Resolution No. 2853 <br />Date: March 22, 2011 <br />Attached is Resolution No. 2853 which sets the fair market value for the property referred to <br />as the Former College Football Hall of Fame. The property is located at 111 South St. <br />Joseph Street and is designated as tax parcel 18- 3091 - 347405. The property is + 56,992 <br />SF in size and sits on approximately 1.4786 acres. The property is zoned "GB" or General <br />Business. <br />The proposed fair market value of the property as derived at by the average of two <br />independent MAI appraisals is $2,687,500. <br />Staff requests approval of Resolution No. 2853. <br />What We Do Today Makes A Difference! <br />