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R~Cv~L,AR IvI1/ETFriT~ FBBRUAR~', S, 2010 26
<br />of tl~e &~eal Fr°operty, folloti~r~~ rehabilitation, to residents of 3ndia~~aa having Iaw, moderate or
<br />rniddte irrcaai~~es.
<br />T~~~, '`I1i~IT~~®12~, F3~ I~ 1i~S~[~'~'~~ I3~€' lI-II~:3C)r~RC3 ~F PTJI3LIC t7,%C)R~~S
<br />C?f ~ CI"1"~° C)F ~OUTId BI/I>iL3, I1~1I3IAN.~ 11S F~LL,C)WS:
<br />1. '1'he ta-ansfer of the following described real property situated in St..loseph
<br />i::o,anty, Inc$iant~:
<br />S10 f,indsey, as raop•e particularly described in ~'~If~~~~"~
<br />71 ~ yran wren, as i~®re particularly described in ~'~`I~~7' d~
<br />by the City to Z~11~, without consideration, shall be, and hereby is, approved and authorized.
<br />2, 1 tae ~a~yor of the City of South Fsend and the S®uth fiend City Clerk sha11 be, a,~d
<br />hereby are, authorized, respeetive;y, to execute and attest to the execution of quit claim deeds
<br />conveying all the right, title and interest of the City lag and to the Real Property to Tv~NT3 and are
<br />fhe~• directed to deliver said quit claim deeds to NNN for recording in the Jffice of the St.
<br />.loseph C ounty I~.ecorder.
<br />d'his Resolution sha.Il be in fial force and e~Ffect upon its adoption.
<br />AUCP~f~U at a rr~ccting of the Board of Public V1orPcs o~l the City of South Pend, Indiana
<br />held orn February $9 2010, at 22 % i~Jest Jefferson Boulevard, Room I308, South Pend, Indiana
<br />~I~~OI.
<br />CI~P~~ of s~tlix B~l~f~
<br />BtJ11IZU Of I'IJI3I,iC `~~~'URKS
<br />s/ nary 4rilot
<br />s/ i~onald hiks
<br />s/ Carl Z,ith•ell
<br />s/1,inda I1/Iartin, Cleric
<br />. I~Iadn~ay ]~vlillea~, IJocal No. 64d, questioned what benefit the City gets fiorr~ giving the
<br />property to 7~he Sc~utla Bend Heritage Fcrundaticrn to resale? Boars{ attorney, CheryP Cpreene,
<br />s#ated the City gets neighborhood stabilization, and eventually when the properties are restored
<br />d resold, they bring irr revenr~e in property taxes.
<br />AI~~P'T RBS~LU`I'IC}N NC3. OS-20I0 - n RES~LUTi~N ~F Ti~E BC)~4I'.33 ~~ I'UBI,IC
<br />span a rlrotioa~ made by 11dr. Inks, seconded by Mr. Littrell and carried. the fohowing Resolution
<br />was adopted by the Board of I~ublio VU©rks:
<br />l~~t)IVI7"1cit~I~105-20116
<br />,~ 125®IJ1T'1'If31\` 1)F 'll'1I~ ~C~~I (B~' F'1J1~I~IC' ~rt~lil~S
<br />C?~' °I'~i~ t"IP~'~' t?F St~iT'1 I~I?~liTl~, dI0I3It~1'~~
<br />~1J~'~€®l~I~~IG'>i'I~~ T' 1dISd+'~~ ~F I2~~. F~IZ~P'>C+,B.'1`~''li'C~
<br />S(}>17~1~ I1~1*lh~ I~~I~1'p.~~~ I<! ~CT1~d~A'I'I~l~g Ih1C'e
<br />1Y~R~~q the City of South Bend. Indiana; Board of Public 4WQrIcs {the "Board") has
<br />cus`~od}' of anal Haag maintain and r~spase of alt real property Dunned by tlae City of South Bernd,
<br />Indiana the "City„) pursuant trr LC. 36-9-~-3; and
<br />~~FI~B'PAS, South T3end I-Ieritage FoundatiolB, i1~c. {``,~,BHf'°') is a nonprofit entity
<br />organized t~dea• the laws of the State of Indiana for the purpose of sustaining or expandhag the
<br />e~siing supply ®f good quality, affordable housing far residents of Indiana having low ar
<br />moderate hlccsrnes; and
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