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092 <br />REGULAR MEETING <br />DECEMBER 3, 1990 <br />WHEREAS, I.C. 36-1-10-7(2) requires, prior to the Board's <br />entering into such a lease/purchase agreement, that the Common <br />Council, after investigation, determine that the structure is <br />needed. <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF PUBLIC WORKS OF <br />THE CITY OF SOUTH BEND, INDIANA, AS FOLLOWS: <br />1. The Board directs and authorizes the Director of the <br />Department of Public Works of the City of South Bend to file with <br />the City Clerk for consideration by the Common Council of the <br />City of South Bend, Indiana, a form of Resolution to establish, <br />after investigation, its determination that a municipal services <br />facility as described herein is needed. <br />2. This Resolution shall be in full force and effect from and <br />after its passage by the Board of Public Works. <br />Adopted at the December 3, 1990 meeting of the Board of Public <br />Works of the City of South Bend. <br />ATTEST: <br />s/Sandra M. Parmerlee <br />ADOPT RESOLUTION NO. 33-1990 - l <br />BOARD OF PUBLIC WORKS OF THE <br />CITY OF SOUTH BEND, INDIANA <br />s/John Leszczynski <br />s/Katherine Humphreys <br />s/Patricia DeClercq <br />ATIFYING APPRAISALS OF 1045 <br />WEST SAMPLE STREET FOR PURPOSES OF I.C. 36-1-10-11 <br />Mr. Leszczynski advised that Resolution No. 33-1990 which <br />ratifies appraisals that were conducted of the facility at 1045 <br />West Sample Street for purposes of I.C. 36-1-10-11 has been <br />prepared and submitted to the Board for adoption. Upon a motion <br />made by Mrs. DeClercq, seconded by Ms. Humphreys and carried, the <br />following Resolution No. 33-1990 was adopted: <br />RESOLUTION NO. 33-1990 <br />A RESOLUTION OF THE BOARD OF PUBLIC WORKS <br />OF THE CITY OF SOUTH BEND, INDIANA RATIFYING <br />APPRAISALS OF 1045 W. SAMPLE STREET <br />FOR PURPOSES OF I.C. 36-1-10-11 <br />WHEREAS, the City of South Bend, Indiana (hereinafter, the <br />"City"), owns real property located at 1045 W. Sample Street, <br />South Bend,Indiana; and <br />WHEREAS, the Board of Public Works for the City of South Bend, <br />Indiana (hereinafter, the "Board"), pursuant to I.C. 36-9-4-2 and <br />I.C. 36-9-4-3, has custody and control of all real property owned <br />by the City; and <br />WHEREAS, the Board has received a petition signed by fifty (50) <br />taxpayers of the City of South Bend, Indiana, requesting that the <br />Board acquire a vehicle maintenance facility by entering into a <br />lease -purchase agreement with Liberty National Leasing Company, <br />of Louisville, Kentucky, for a term of ten (10) years, with the <br />cost of land acquisition and renovation of said facility by said <br />corporation not to exceed two million dollars ($2,000,000.00), <br />and the Board is desireous of doing so by lease -purchase <br />involving the initial sale of the property at 1045 W. Sample, and <br />subsequent renovation of said property by said corporation into a <br />lease -purchase agreement to finance and facilitate such <br />remodeling and renovation; and <br />1 <br />1 <br />