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P~TI3I.iC AGII~ID.A S;~SSIC)l~ <br />.IUI Y 22.241 Zt39 <br />W~]E~EASy the City of South. Bend, Indiana, B€aard of P~€l~lic ~~~~arks ~rhe "13e3ard"} has <br />custody of and may rr}airrtain and disprase of all real preapert}~ owned by the City of 4autl~ Berrel, <br />Iradiana ~thc "City's) pursuant tca I.C. 36-9-b-39 and <br />WHEREAS, Near ~iorthwest Iyieighborhocad, Ii~c. ("~-hN») is a rr,~npra~t entity <br />organised under the laws r~f• the State caf Indiana for the purpose of sustairaing or expanding the <br />existing supply of g,€aod duality, affcardable hr~r~sit~g for residertts of Indiana having low or <br />moderate incorn.es; and <br />'4'VI~.EI~AS, the City is the awner caf the foal lc~~°ir~g described real property= situated in St. <br />.Ioseph County, Indiana: <br />Property tiddress <br />715 Cartage Grove <br />71 ~ Van Duren <br />f3 l ~ I.irEdsey <br />814 Lindsay <br />~ 15 Cottage Grove <br />~ 11 Cottage Grove <br />(collectively referrf <br />anci <br />Parcel ID <br />4I 8-147f3-3442 <br />41 ~-l(358~2472 <br />418-1467-2851 <br />~ 113-1407-ZI353 <br />[315-1472-3f37~E} <br />1318-1 X72-3471 <br />:d tea as the "Peal Property"~; and <br />WHEREAS, tlae Deal Pro~pcrty consists of resicientia.l structures located on each parcel; <br />WITEREAS, pursuant to I.C. 36-1-11-1{b) ~,2[}~; the City may transfer prcaperty, withtat~t <br />cear~sidcration, to an Inc~iaraa nonprofit corporation organised for the purpasc oaf expand.ia~g the <br />supply or sustairbii~g tl~e existing supply of goract duality , affcar•dable hou.sirig fr~r residents of <br />Ir~diarYa havia~I low ar anoclerate ir~con7es. <br />WIIIEREAS, the City, acting by and through lire Board, hereby expresses ita5 desire to <br />transfer the Peal Property lea t~l`tiTltil; and <br />WHEREAS, ~ is willing tra accept the transfer of the Peal Property from the City for <br />the purpose of rehabilitating t.lte residential structures located an the Peal Property a.~-~d disposing <br />of the Peal PrespertY, fallowing rehalailitation, to residents of Indiana acccardin~; tea the <br />red~iremcnts ~oftl~e fi~(~ighbonc~arrd Stataili~ati~a~i Prograrr~. <br />NUW, T~-iERI~;F[~RE, SE IT RIgS~)I~'~'lEI) BY 'l"biE. S[~ARI7 t7I~ P[JBI;IG W~]PI~S <br />C)F TI-~1= CITY £}li S(~Q3TH BEi~t)!:3, Il`~DIA~Ir~, AS IaCaLI,C'Vir'S: <br />I. The transfer of the following described real property situated i~a St. ~oscph <br />County, Indiana: <br />Property ~-lddross <br />715 Cottage Czrovc <br />? 14 Van Buren <br />81 S Lindsey <br />81~ Lindsey <br />d I S C ottage Grove <br />9I 1 Cntta.go Grove <br />Parcel II=? <br />fl 1 S-1 f374-34~Q2 <br />4 ] 8-1{158-2472 <br />4l $-1[367-285 l <br />438-1f36?2853 <br />(] 18-1(}72- 1474 <br />418-1137? ~i~71 <br />