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REGULAR MEETING
<br />FEBRUARY 20, 1995
<br />ADOPT RESOLUTION NO. 5-1995 - ACCEPT THE TRANSFER OF REAL PROPERTY FROM
<br />SOUTH BEND REDEVELOPMENT COMMISSION
<br />Resolution No. 6-1995
<br />A RESOLUTION OF THE BOARD OF PUBLIC WORKS
<br />OF THE CITY OF SOUTH BEND, INDIANA,
<br />ACCEPTING THE TRANSFER OF REAL PROPERTY
<br />FROM THE SOUTH BEND REDEVELOPMENT COMMISSION
<br />WHEREAS, the City of South Bend, Indiana , Department of Redevelopment
<br />(Redevelopment), whose governing body is the South Bend Redevelopment Commission (the
<br />"Commission") is the owner of the following described real property stituated in St. Joseph County,
<br />Indiana.
<br />A part of the northeast quarter of Section 11, Township 37 North, Range 2 East,
<br />Portage Township, City of South Bend, St. Joseph County, Indiana, described
<br />as follows: Lots Numbered 7, 8, and 9 as shown on the recorded Plat of
<br />Frederick J. Thomas' Subdivision of the south part of Bank Out Lot Numbered
<br />74 of the First Plat of Out Lots of the Town, now City of South Bend, platted
<br />by the State Bank of Indiana, recorded April 27, 1860 in Plat Book 1, page 56
<br />(hereinafter the Real Property);
<br />and;
<br />WHEREAS, the Commission, in Resolution 1322, adopted on February 17, 1995,
<br />expressed its desire to transfer the Real Property to the City of South Bend, Indiana; and
<br />WHEREAS, the City of South Bend is desirous of acquiring the Real Property from the
<br />Commission; and
<br />WHEREAS, pursuant to I.C. 36-9-6-3, the Board of Public Works of the City of South
<br />Bend (the "Board") has custody of and may maintain all real property of the City of South
<br />Bend; and
<br />WHEREAS, pursuant to I.C. 36-1-11-1(b), the City of South Bend, acting by and
<br />through the Board, may exchange or transfer property with another governmental entity upon
<br />terms and conditions agreed upon by the two (2) entities as evidenced by the adoption of
<br />substantially identical resolutions of each entity; and
<br />WHEREAS, the Commission has agreed to transfer the Real Property to the City of
<br />South Bend, and the City of South Bend, acting by and through the Board, has agreed to accept
<br />the transfer of the Real Property from the Commission for the payment of a nominal
<br />consideration.
<br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF PUBLIC WORKS
<br />FOR THE CITY OF SOUTH BEND, INDIANA, AS FOLLOWS:
<br />1. That the transfer of the Real Property situated in St. Joseph County, Indiana, by the
<br />City of South Bend Department of Redevelopment, acting by and through the South Bend
<br />Redevelopment Commission to the City of South Bend, Indiana:
<br />A part of the northeast quarter of Section 11, Township 37 North, Range 2 East,
<br />Portage Township, City of South Bend, St. Joseph County, Indiana, described
<br />as follows: Lots Numbered 7, 8, and 9 as shown on the recorded Plat of
<br />Frederick J. Thomas' Subdivision of the south part of Bank Out Lot Numbered
<br />74 of the First Plat of Out Lots of the Town, now City of South Bend, platted
<br />by the State Bank of Indiana, recorded April 27, 1860 in Plat Book 1, page 56
<br />
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