Resolution No 10-2018 - Transfer of Real Property to INDOT

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RESOLUTION NO. 10-2018 A RESOLUTION OF THE BOARD OF PUBLIC WORKS OF THE CITY OF SOUTH BEND ACCEPTING THE TRANSFER OF REAL PROPERTY FROM THE INDIANA DEPARTMENT OF TRANSPORTATION WHEREAS, the City of South Bend, Indiana, Board of Public Works (the "Board") has custody of real property owned by the City of South Bend, Indiana. (the "City") pursuant to Ind. Code 36-9-6-3; and WHEREAS, pursuant to Ind. Code 36-1-10.5-1(b)(1), a transfer of real property to the City for a total price of Twenty -Five Thousand Dollars ($25,000.00) or less is not subject to the acquisition requirements of Ind. Code 36-1-10.5; and WHEREAS, the Indiana Department of Transportation ("INDOT") desires to convey to the City eighteen (18) parcels of real property located in the City, identified as Parcels 92, 100, 101, 103, 109, 110, 111, 112, 113, 115, 117, 118, 119, 120, 122, 123, 124 and 145 in attached Exhibit 1 (collectively, the "Property"), for a total price of Thirteen Thousand, Nine -Hundred, Fifty Dollars ($13,950.00) (the "Agreed Price"), which sum the Board anticipates being reimbursed by the South Bend Redevelopment Commission (the "Commission") pursuant to Ind. Code 36-7-14-39(b)(3)(G) and the Commission's adoption of a project budget for this matter on April 13, 2017; and WHEREAS, acting on behalf of the City, the Board desires to accept the Property from INDOT; and NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF PUBLIC WORKS OF THE CITY OF SOUTH BEND AS FOLLOWS: 1. The Board accepts INDOT's conveyance of the Property pursuant to Ind. Code 36-1-10.5-1(b)(1). 2. The Board authorizes David Relos of the City's Department of Community Investment to act on behalf of the Board to provide for payment of the Agreed Price to INDOT, to accept and present for recordation one or more deeds from INDOT for the Property, and to execute on the Board's behalf any document or to take on the Board's behalf any action that may be required to carry out the purposes of this Resolution. 3. This Resolution will be in full force and effect upon its adoption. [Signature page follows.]