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l A- <br />i \ Department of <br />_. Community Investment <br />Memorandum <br />Friday, January 10, 2014 <br />TO: South Bend Redevelopment Commission <br />FROM: Debrah Jennings, Economic Resources <br />SUBJECT: Resolution No. 3195 <br />Attached is Resolution No. 3195, which sets the fair market value for 1503 -1505 Prairie <br />Ave. within the Airport Economic Development Area. <br />The proposed fair market value of the property, as derived by two independent MAI <br />appraisals, is found in "Exhibit A" in the attached resolution. <br />Staff requests approval of Resolution No. 3195. <br />227 W. JEFFERSON BLVD. SOUTH BEND, IN 46601 1 P: 574 - 235 -9371 1 FAX: 574- 235 -9021 1 SOUTHBENDIN.GOV <br />