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SpUT$ p <br />Community & Economic Development'` °',, <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. 2895 <br />Date: June 14, 2011 <br />Attached is Resolution No. 2895, which sets the fair market value for property referred <br />to as the Harmon Auto Glass Development Parcel. The property is located at 502 W. <br />Western Avenue and is comprised of tax parcels #018 - 3013 -0465 and #018 - 3013 -0467. <br />The 0.3938 acre site includes a 17,152 ft' building and is zoned "GB" or General <br />Business. <br />The proposed fair market value of the property as derived at by two independent MAI <br />appraisals is $84,950. <br />Staff requests approval of Resolution No. 2895. <br />What We Do Today Makes A Difference! <br />