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South Bend Redevelopment Commission <br />Regular Meeting - October 1, 1993 <br />6. NEW BUSINESS (Cont.) <br />a. continued... <br />to do an inspection. If that is not in the <br />contract and you sign, you're going to be <br />made to buy that property. So, please <br />contact me because there is a process that <br />we have to go through before that property <br />can be acquired. Please work with me. I <br />can't stress that any stronger. <br />Ms. KOLATA: We will send purchase offers <br />in the order in which we get the appraisals. <br />And we need two appraisals for each <br />property. I think most of the inspections <br />have been done. They are writing reports. <br />They are mailing them in. If that means we <br />start on Ohio Street or we start on Keasey <br />Street, or we start on Michigan Street, it <br />will be a function of when the appraisals <br />come in and in what order they come in. <br />And that is not within our control. All I can <br />tell you is that we will go through them as <br />rapidly as we can. We've been anticipating <br />all of this coming into the office. We're <br />trying to gear up for it. We think we are in <br />fairly decent shape for reviewing them. But <br />you just don't do it all in one night. <br />Ms. AUBURN: Is there anyone who has not <br />yet spoken who wants to? <br />CLAUDIA BURKS: 2615 Westmore. Do we <br />get to know what the property was appraised <br />at? <br />Ms. KoLATA: No. Not the individual <br />values. You get a purchase offer based on <br />the appraisals. Generally, it is the average <br />of the two. The law does not allow us to go <br />-45- <br />