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Community & Economic Development <br />D i v i s i o n o f C o m m u n i t y D e v e l o p m e n t y1gf5 <br />1200 County -City Building, 227 West Jefferson, South Bend, Indiana 46601-1830 Ll Phone 574/235-9475 0 Fax 574/235- <br />9469 <br />T o : Angela Jacob <br />F r o m : Larry Magliozzi - <br />S u b j e c t: Tax Key #: 18-3062� tt r <br />FED _ 2 ; Zfi�,i b <br />Address: 1201 W. Ford Street <br />D a t e : February 24, 2006 <br />I have reviewed the request of Mr. Juan Vargas to purchase the above -noted City -owned lot, I would <br />recommend that the lot be put up for bid in accordance with State and City procedures for the <br />disposition of City -owned property. <br />The minimum bid for this property should be established at $900. This price does not include the <br />estimated advertising fee of $90.00. The adjacent owners are: <br />18-3062-2394; Juan & Vicenta Vargas, 1207 W. Ford Street, SB 46619 <br />The legal description of the lot is: "Lot 1 of Wilson's Sub of BOL 94" <br />The size of the lot is: 38.28' x 115.5' <br />The assessed value for tax purposes is: $3,700.00 <br />If you have any questions, please call me at 235-5550. <br />AA Recommendation Memo to BPW for Sale of Lots.doc What We Do Today Makes A DNference 1 <br />