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RESOLUTION NO. 641 " 79 <br />A RESOLUTION AUTHORIZING THE CITY OF SOUTH BEND <br />TO CONVEY CERTAIN REAL ESTATE TO THE DEPARTMENT <br />OF REDEVELOPMENT IN EXCHANGE FOR REAL ESTATE <br />OWNED BY THE DEPARTMENT OF REDEVELOPMENT <br />WHEREAS, the City of South Bend acting by and through its <br />Board of Public Works has an option to purchase certain real estate <br />known as the Odd Fellows Building for $288,000.00; and the Common <br />Council of the City of South Bend has appropriated said sum for the <br />purchase of said Building; and the City of South Bend intends to <br />exercise said option and complete the purchase thereof. <br />WHEREAS, the City of South Bend through its Department of <br />Redevelopment owns 3.9 acres of land located in the City of South <br />Bend, Indiana, known as Disposition Parcel No. 6 -2, which property <br />has an approximate value of $160,000.00. <br />WHEREAS, the City of South Bend through its Department of <br />Redevelopment owns 0.9 acres of land located in the City of South <br />Bend, Indiana, known as Disposition Parcel No. 2 -13, which property <br />has an approximate value of $103,900.00. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the <br />City of South Bend, Indiana: <br />SECTION I. The City of South Bend acting by and through its <br />Board of Public Works is hereby authorized, after the exercise of <br />the option to purchase the real estate commonly described as the <br />Odd Fellows Building located in the City of South Bend, Indiana to <br />transfer, exchange and convey said real estate to the Department of <br />Redevelopment in exchange for the conveyance by the Department of <br />Redevelopment to the City of South Bend of real estate located in the <br />City of South Bend, known as Disposition Parcel Nos. 6 -2 and 2 -13, <br />and consisting in total of 4.8 acres. <br />SECTION II. This Resolution shall be in full force and effect <br />from and after its passage by the Common Council, and its approval <br />by the Mayor. <br />Member of the Common Council <br />FILED IN CLERK'S OFFICE <br />PRESENTED. -; .- °Z 4 " 'i 5 MAR 21 1979 <br />NOT APPROVER i ene GaCT morl <br />ADOPTED. 3 - 9 � ' 7 Q CITY CLERK, WUM BEND, IN& <br />