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No. 2078 relating to the acquisition of real property in the NNDA (Macri's Development, Inc.)
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No. 2078 relating to the acquisition of real property in the NNDA (Macri's Development, Inc.)
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RESOLUTION NO. 2078 <br />G, A RESOLUTION RELATING TO THE ACQUISITION OF REAL PROPERTY <br />IN THE NORTHEAST NEIGHBORHOOD DEVELOPMENT AREA <br />WHEREAS, it is deemed necessary and desirable by the South Bend <br />Redevelopment Commission ( "Commission "), in furtherance of the Northeast <br />Neighborhood Development Area Development Plan, to acquire unencumbered fee title <br />to the real property identified at Attachment "A ", hereto ( "Parcel "), which Parcel is <br />located in the Northeast Neighborhood Development Area in the City of South Bend, <br />Indiana. <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment <br />Commission as follows: <br />The Director is authorized, at his discretion, to cause a notice and written offer to be <br />made to the owner(s) of the Parcel, to purchase the Parcel, or a portion thereof, under the <br />following conditions: <br />1. The offering price shall be Six Hundred Eighty -Seven Thousand Five <br />Hundred Dollars ($687,500.00). <br />2. The payment shall be made at closing and will be in the amount not to exceed <br />Six Hundred Eighty -Seven Thousand Five Hundred Dollars ($687,500.00). <br />Adopted at the Scheduled Meeting of the South Bend Redevelopment Commission held <br />on August 6, 2004, at 1308 County -City Building, 227 West Jefferson Boulevard, South <br />Bend, Indiana 46601. <br />ATTEST: <br />By: <br />Its: <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />A WY <br />" i 'I I <br />
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