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6.C.(2) Appraisal proposals MIND Area
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6.C.(2) Appraisal proposals MIND Area
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9/17/2008 11:19:33 AM
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~,. C. CZ~ <br />Community & Economic <br />ypLTH 6~ <br />~V 1 / tiQ. <br />Development ~` `~a~ <br />INM1N <br />1200 County-City Building, 227 Wesi Jefferson, South Bend, Indiana 46601-1830 .Phone 574/235-9371 Fax 574/235-9021 <br />To: Redevelopment Commission <br />From: Nick Witwer, Economic Development Planner <br />Subject: Mind Area Properties <br />Date: September 19, 2008 <br />This is a request for appraisal services from Rick Pitts and Ralph Lauver for Property <br />Located on Indiana Avenue and Taylor Street in the City of South Bend. <br />Rick Pitts and Ralph Lauver are currently appraising property located at 1515 S. Franklin <br />Street. In discussion with the owner of the property Burton Investments, he discussed his <br />desire to dispose of all property, and that the use of the Indiana Avenue properties are <br />dependent on the use of the Franklin St. Property. It is our desire to add the property to the <br />acquisition list of the AEDA. <br />Rick Pitts has submitted a proposal for $8,500 and Ralph Lauver has submitted an proposal <br />for $8,000. For the expanded scope of work required to appraise the entire group of <br />properties owned by Burton Investments. <br />Staff Recommends approval of the proposals for appraisals of the properties located at <br />1518 and 1519 Taylor Street and the properties on Indiana Ave. <br />What We Do Today Makes A Difference! <br />
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