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South Bend Redevelopment Commission <br /> Regular Meeting—August 16, 2012 <br /> 6. NEW BUSINESS (CONT.) <br /> B. Airport Economic Development Area <br /> (8) Authorization to publish Notice of <br /> Intended Disposition of Property with <br /> publication dates of August 24 and August <br /> 31, 2012 and receipt of bids at 9:30 a.m., <br /> September 13, 2012. (1017 W. Indiana <br /> Ave.) <br /> Upon a motion by Mr. Varner, seconded by COMMISSION AUTHORIZED PUBLICATION OF THE <br /> Mr. Downes and unanimously carried, the NOTICE OF INTENDED DISPOSITION OF <br /> Commission authorized publication of the PROPERTY WITH PUBLICATION DATES OF <br /> AUGUST 24 AND AUGUST 31,2012 AND RECEIPT <br /> Notice of Intended Disposition of Property OF BIDS AT 9:30 A.M.,SEPTEMBER 13,2012. <br /> with publication dates of August 24 and (10 17 W.INDIANA AVE.) <br /> August 31, 2012 and receipt of bids at 9:30 <br /> a.m., September 13, 2012. (1017 W. Indiana <br /> Ave.) <br /> (9) Resolution No. 3061 approving the Fair <br /> Market Value of Property in the Airport <br /> Economic Development Area. (1527 S. <br /> Kemble) <br /> Mr. Relos noted that Resolution No. 3061 <br /> sets the fair market value for 1527 S. Kemble <br /> Ave. at $2,500, the average of two <br /> independent appraisals. Staff requests <br /> approval of Resolution No. 3 06 1. <br /> Upon a motion by Mr. Varner, seconded by COMMISSION APPROVED RESOLUTION No.3061 <br /> Mr. Downes and unanimously carried, the APPROVING THE FAIR MARKET VALUE OF <br /> Commission approved Resolution No. 3061 PROPERTY IN THE AIRPORT ECONOMIC <br /> approving the Fair Market Value of Property DEVELOPMENT AREA.(1527 S.KEMBLE) <br /> in the Airport Economic Development Area. <br /> (1527 S. Kemble) <br /> (10) Bid Specifications and Design <br /> Considerations for property located at <br /> 1527 S. Kemble. <br /> 22 <br />