No. 2114 accepting the transfer of real property from SBCSC board of school trustees

Home Browse Search

and conditions expressed in the Amended and Restated Agreement Between the South Bend Community School Corporation and the South Bend Redevelopment Commission Related to the School Administration Relocation Project dated November 19, 2004. WHEREAS, pursuant to I.C. 36- 1 -11 -8, the City of South Bend, Department of Redevelopment, acting by and through its governing body, the South Bend Redevelopment Commission, is willing to accept the transfer of the Real Property from SBCSC under the terms and conditions referenced herein; and WHEREAS, pursuant to I.C. 36- 1 -11 -8, the City, acting through the Commission and the SBCSC acting by and through the Board of School Trustees, may exchange or transfer property with another governmental entity upon terms and conditions agreed upon by the two (2) entities as evidenced by the adoption of substantially identical resolutions of each entity; and WHEREAS, South Bend Community School Corporation Board of Trustees has adopted or will adopt a resolution substantially equivalent to this resolution setting forth the terms and conditions of this transfer of Property between the SBCSC and the Commission. NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT COMMISSION AS FOLLOWS: i 1. The transfer of title to the Property situated in St. Joseph County, Indiana, as ! described at Exhibit A shall be, and hereby is, accepted. 2. The Director of Redevelopment for the City of South Bend shall cause the recording of the deed conveying all of the right, title and interest of the City of South Bend, Indiana in and to the Property to the City of South Bend, for the use and benefit of its Department of Redevelopment. 3. The transfer of Property shall be subject to the following terms and conditions: (i) SBCSC shall direct that the deed effecting the transfer ofthe Property to SBCSC be issued to the "City of South Bend, for the use and benefit of its Department of Redevelopment ", and (ii) The Commission shall accept title to the Property and shall petition the Indiana Board of Tax Review for relief of accrued taxes and penalties on the Property in accordance with I.C. 6- 6.1 -36 -7; and (iii) The Commission's acceptance of title to the Property from SBCSC is subject to the terms and conditions expressed in the Amended and Restated Agreement Between the South Bend Community School Corporation and the South Bend Redevelopment Commission F:\ HOME \CGREENE \WPDATA\ PROJECTS\ SBCDA\ SBCOMMSCHOOL \RESOLUTIONS\RES2114 RCACCEPTINGTRANSFER.DOC