02/12/1979 Board of Public Works Minutes

Home Browse Search

3 ,85 REGULAR MEETING FEBRUARY 12, 1979 BID ADVERTISING APPROVED - SALE OF CITY -OWNED VEHICLES Chief Michael Borkowski submitted a request to advertise for bids for the sale of thirty -four city -owned vehicles. He noted that the vehicles would be available for inspection on March 1, 2 and 3 with sealed bids to be accepted by 9:30 a.m. on Monday, March 5. Upon motion made by Mr. McMahon, seconded by Mr. Mullen and carried, the request was approved and the Clerk was directed to advertise for bids for the sale of the vehicles. OPTION AGREEMENT FOR SALE AND PURCHASE OF ODD FELLOWS BUILDING APPROVED Robert M. Parker, Chief Deputy City Attorney, submitted to the Board an option agreement for the sale and purchase of real estate for the property known as the Odd Fellows Building. Mr. Parker noted that the agreement is between the partnership known as 104 South Main and the City of South Bend for the sale by,the partnership to the City of the property commonly known as the Odd Fellows Building. The option agreement provides for the payment of the sum of $15,000 for the option of the City to purchase the building. The total purchase price as set forth in the agreement is $288,000. Payment of the $15,000 would be made at the time of signing of this agreement. All members of the partnership have executed the agreement and is ready for submission for consideration by the Board of Public Works. An addendum to the agreement provides that the $15,000 paid at the time of signing of the option agreement would be held in escrow pending the exercise of the option, a provision that tenants will vacate the premises, a resolution of the Odd Fellows Business Association to vacate the premises and a resolution of acceptance. The date for exercising the option is April 2 and closing is also set for April 2. The agreement also provides for a title insurance policy and relocation to be provided through the Department of Redevelopment. Attached to the agreement is a list of personal property which may be removed from the building by the Odd Fellows Lodge and other tenants. All other items not listed remain with the building and are part of the sale. Mr. Parker noted that following Board action on the agreement, the Redevelopment Department must take action to make the necessary funding available to complete the sale and the matter will also be submitted to the Common Council for action to make funds available. Once that action has been taken, the City could then formally notify the partnership that the option exercise has taken place. Upon motion made by Mr. McMahon, seconded by Mr. Mullen and carried, the option agreement and addendum were approved. In response to questions, the Board noted that the building is being purchased in connection with the Century Mall project to meet the public land use requirement. FILING OF ASSESSMENT ROLL - VACATION RESOLUTION NO. 3468 Patrick M. McMahon, P. E., Civil City Engineer, files with the Board the Assessment Roll for Vacation Resolution No. 3468, 1979 for the vacation of the first east -west alley south of Colfax Avenue, east from Birdsell Street to the first N -S alley, a distance of 115.5 feet. The Assessment Roll lists total net benefits of $0.00 and total net damages of $0.00. Upon motion made by Mr. McMahon, seconded by Mr. Mullen and carried, the Assessment Roll was filed and set for public hearing on March 12, 1979.