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142 <br />SPECIAL MEETING <br />are located within <br />South Bend Central <br />improvements; and, <br />APRIL 24, 1990 <br />the South Bend Redevelopment Commission's <br />Development Area, are in need of public <br />WHEREAS, pursuant to I.C. 36-7-14-25.2 and I.C. 36-7-14.5-14 <br />the South Bend Redevelopment Commission has entered into a lease <br />agreement with the South Bend Redevelopment Authority for the <br />financing and construction of public improvements within the <br />South Bend Central Development Area, including those properties <br />described in Exhibit A; and, <br />WHEREAS, pursuant to I.C. 36-7-14.5-19 the South Bend <br />Redevelopment Authority is authorized to issue bonds in order to <br />finance public improvements as set forth in I.C. 36-7-14.5-11, <br />and the Authority intends to issue such bonds for public <br />improvements in the South Bend Central Development Area; and, <br />WHEREAS, I.C. 36-7-14.5-11 requires that the South Bend <br />Redevelopment Authority hold title to the real estate and public <br />improvements to be made thereon by the Authority pursuant to I.C. <br />36-7-14.5; and, <br />WHEREAS, parcels of land hereunder transferred by the Board of <br />Public Works to the South Bend Redevelopment Authority for public <br />improvement will continue to be used for public purposes and it <br />is not necessary for the Board of Public Works to hold title to <br />said real estate in order to continue such use; and, <br />WHEREAS, pursuant to I.C. 36-1-11-8 the Board of Public Works <br />may transfer property to another governmental entity by adopting <br />a resolution indicating its intent to do so; and, <br />WHEREAS, the Board of Public Works desires to transfer its <br />interest in the parcels of land described in Exhibit A to the <br />South Bend Redevelopment Authority for repair and public <br />improvements pursuant to I.C. 36-7-14.5-11; and, <br />WHEREAS, pursuant to I.C. 36-1-11-3 the Board of Public Works <br />has been designated by the Mayor as the entity to hold a public <br />hearing on the transfer of said public right-of-way and the Board <br />of Public Works has published notice pursuant to I.C. 5-3-1 of <br />the public hearing held this date; and, <br />WHEREAS, pursuant to I.C. 36-1-11-3 the transfer of said <br />property is subject to the approval of the Mayor. <br />NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND BOARD OF <br />PUBLIC WORKS AS FOLLOWS: <br />The portions of public right-of-way described in Exhibit A <br />attached hereto and made a part hereof, shall be transferred to <br />the South Bend Redevelopment Authority pursuant to I.C. 36-1-11-3 <br />and I.C. 36-1-11-8 for public improvement consistent with the <br />purposes set forth in I.C. 36-7-14.5, subject to the approval of <br />the Mayor. <br />Adopted this 24th day of April, 1990. <br />SOUTH BEND BOARD OF PUBLIC WORKS <br />s/Katherine Humphreys <br />s/Patricia DeClercq <br />ATTEST: <br />s/Sandra M. Parmerlee, Clerk <br />Board of Public Works <br />