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-y <br />NOTICE TO ADJACENT PROPERTY OWNER <br />SALE OF CITY -OWNED PROPERTIES <br />Notice is hereby given that the City of South Bend, Indiana, through its Board of Public Works, is <br />offering for sale the following parcel of real estate located in South Bend, Indiana; <br />Key No. 18-7037-1497 <br />Vacant Lot Next to 225 East Donald <br />This parcel is being sold under Indiana Code 36-1-11-5, where authority is granted to the Board of <br />Public Works to sell adjacent parcels of land to homeowners with properties in good standing, who <br />may wish to acquire that property, all in the best interests of the City. You are receiving this notice <br />as an adjacent property owner. <br />The Hoard of Public Works has determined that the highest and best use of the adjacent properties is <br />its sale to an abutting land owner and offers an opportunity to create additional yard space for an <br />adjacent parcel that has very little; and that the cost to the public of maintaining the tract equals or <br />exceeds the estimated fair market value of the tract — tract's assessed value is $600.00 for property <br />tax purposes for Key No. 18-7037-1497. Tracts with an assessed valueless than $2,000.00 based on <br />the most recent assessment of the tract are not required to be appraised. <br />The minimum offering price is $600.00. Bidders will also be responsible for the cost of advertising <br />upon a successfiil negotiation and sale of the tract. The cost of advertising is estimated at $90.00. <br />This parcel may not be sold to a person who could have redeemed the tract at a tax sale and who did <br />not redeem the tract before a deed for the tract was issued to the County. An offer to purchase the <br />parcel that is submitted by a trust must identify each beneficiary of the trust and settlor empowered to <br />evoke or modify the trust. <br />Bids to purchase said parcel must be received in the office of the Board of Public Works, 1316 <br />County -Gifu Building, 13°i Floor, South Bend, Indiana, on or before: <br />Publish Two (2) Times <br />July 14, 2006 <br />July 21, 2006 <br />August 14, 2006 at 9:30 a.m. Local Time. <br />Board of Public Works <br />Angela K. Jacob, Clerk <br />