6.B.(10) Resolution No. 2481 - Laserfiche WebLink

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Community & Economic Development hCq~ tipU l y e(. 04/ ~ . yu \\~ ~ c~i \ / yF r ~_~ a EA Itl65 `~, A ~~s., 1200 County-Ciy B~_ding, 227 Wes' Jefferson, So~Th Bend, Indiano 46601-1830 Phcne 574/235-9371 Fax 574/235-9021 To: Redevelopment Commission From: Bill Schalliol, Economic Development Planner Subject: Coveleski Neighborhood Acquisitions Resolutions 2481, 2482, 2489, 2495 & 2496 Date: October 14. 2008 Attached to this overview staff report are four staff reports relating to the acquisition of four properties in the Coveleski Park Neighborhood. The properties are adjacent to properties owned by the Redevelopment Commission and are presently available for purchase from the property owners. The adjacency and the availability are the key reasons why staff is requesting that these properties be purchased at this time. Resolution 2481: GMS Parcel (SW Corner of Wayne & William) Resolution 2482: Shaw/Park Parcel (319 S. William) These parcels are adjacent to each other and surrounded by parcels owned by the Commission. The GMS Parcel is an overflow storage parking lot that was used by Gates for storage of vehicles. With the departure of Gates, this fenced lot is no longer needed by Gates. The parcel takes up an entire quad of the block. The average appraised value of the parcel is $77,000.00 and it is staff's understanding this is an acceptable value. Upon ownership, the site will be cleared, leveled and seeded for future residential development. The Shaw/Park parcel is south of the GMS parcel and north of the Henderson house purchased by the Commission this summer. The parcel was the family home site of the Shaw family, but when the family moved from South Bend in 1973, the house was torn down and the site was leveled. The average appraised value of the parcel is $7,250.00 and the property owners are willing to settle at that amount. The site, and the adjacent Henderson parcel, will be cleared, leveled and seeded for future residential development. Resolution 2489 Zubkoff Parcel (414 5. William) Resolution 2495 Richey's Radiator Parcel (416 W Western) Resolution 2496 Counter offer Both of these parcels are adjacent to land owned by the Commission on the Gates Chevy World block just north of the stadium. The Zubkoff parcel is a small parcel (55' x 120') that had at one time been a single family lot north of the Synagogue. The parcel is surrounded What We Do Today Makes A Difference!