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DR <br />Resolution No. / S 4 <br />A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION <br />ACCEPTING THE TRANSFER OF REAL PROPERTY <br />FROM THE SOUTH BEND REDEVELOPMENT AUTHORITY <br />WHEREAS, the South Bend Redevelopment Authority (the "Authority ") is the owner of a <br />parcel of real property (Real Property) situated in St. Joseph County, Indiana, more particularly <br />described at Exhibit A; and <br />WHEREAS, pursuant to I.C. 36- 7- 14.5 -12, the Authority may dispose of real property; and <br />WHEREAS, the Authority desires to transfer the Real Property to the City of South Bend, <br />for the use and benefit of its Department of Redevelopment in order that it be sold and developed; <br />and <br />WHEREAS, the City of South Bend, Department of Redevelopment, acting by and through <br />its governing body, the South Bend Redevelopment Commission desires to acquire the Real Property <br />from the Authority; and <br />WHEREAS, pursuant to I.C. 36- 1 -11 -8, the Authority may exchange or transfer property <br />with another governmental entity upon terms and conditions agreed upon by the two (2) entities as <br />evidenced by the adoption of substantially identical resolutions of each entity; and <br />WHEREAS, the Authority, at its meeting of Q - S , 2001, will consider its <br />Resolution No. / * 7 , approving the transfer of the Real Property to the City of South Bend, <br />for the use and benefit of its Department of Redevelopment. <br />NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND <br />REDEVELOPMENT COMMISSION AS FOLLOWS: <br />1. That the transfer of the Real Property situated in St. Joseph County, Indiana, and described <br />on the attached Exhibit A, by the South Bend Redevelopment Authority to the City of South Bend, <br />for the use and benefit of its Department of Redevelopment, shall be, and hereby is, accepted. <br />2. That the Director of Redevelopment for the City of South Bend shall cause the <br />recording of the quitclaim deed conveying all of the right, title and interest of the South Bend <br />Redevelopment Authority in and to the Real Property to the City of South Bend, for the use and <br />benefit of its Department of Redevelopment. <br />3. That this Resolution shall be in full force and effect upon its adoption by the South Bend <br />Redevelopment Commission. <br />