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REGULAR MEETING <br />JULY 9, 1973 <br />The cost as quoted on September 2, 1971 will be 48 - 20,000L MV UG <br />SP C@ $9.50 per month is $456.00/mo. or $5,472.00/yr. The monies <br />have been estimated for this expenditure in the June 25th, 1973 <br />report to the Director of Public Works. <br />Very truly yours, <br />s/ Rollin E. Farrand, P. E. <br />Director <br />s/ Ralph D. Wadzinski, Engineer <br />Bureau of Traffic & Lighting <br />Upon motion made, seconded and carried, the Board approved the recommendation <br />for the installation. <br />RESOLUTION AUTHORIZING SALE OF PROPERTY <br />The following resolution was adopted by the Board: <br />RESOLUTION NO. 19-1973, <br />A RESOLUTION ESTABLISHING VALUE FOR A CERTAIN PARCEL <br />OF REAL ESTATE OWNED BY THE C I TY OF SOUTH BEND, -I ND IANA, <br />AND ORDERING THE SALE OF PARCEL THEREOF <br />WHEREAS, the Board of Public Works of the City of South'Bend has. caused <br />certain parcels of real estate not necessary to the public use to be appraised <br />by two licensed independent appraisers who are freeholders in the City of <br />South Bend, Indiana; and <br />WHEREAS, the Board has received such appraisals and now, pursuant to <br />Chapter 30 A of the Municipal Code of the City of South Bend, Indiana, <br />desires to establish the valuation of said parcel for the purpose of'sale; and <br />WHEREAS, the Board now wishes to order said parcel offered for sale and <br />provide for the giving of notice thereof, pursuant to Chapter 30A of the <br />Municipal Code of the City of South Bend, <br />NOW, THEREFORE, BE IT RESOLVED by the Board of Public Works of the City <br />of South Bend, Indiana: <br />1. That the Board now establishes valuation for the hereinafter described <br />parcel of real estate for the purpose of offering the sale of the same as <br />follows: <br />Description <br />Valuation <br />A parcel of real estate bounded by the Easterly line $9,000.00 <br />of the right-of-way of the Penn Central Railroad, the <br />South line of Tasher Street extended, the East line of <br />Section 23, Township 37 North, Range 2 East, and the <br />South line of Jennings Street extended, and containing <br />1.89 acres, more or less. <br />2. The Board shall prepare an offering sheet for this parcel herein <br />pursuant to ordinance and copies of the offering sheet shall be on file at <br />the Board of Public Works and shall be made available to the public upon <br />request. <br />3. As to properties valued by the Board at $1,000.00 or more, the <br />Board shall sell such property by published notice calling for sealed bids <br />for cash at not less than the offering price. <br />4. Published notice of the offering of said parcel for sale shall be <br />given by publication on the 13th day of July, 1973 and on the 20th day of <br />July, 1973, in the South Bend Tribune and the Tri-County News, which <br />notice shall contain the information as required by Chapter 30 A of the <br />Municipal Code of the City of South Bend. <br />1 <br />1 <br />1 <br />