No. 1620 accepting the transfer of real property from the SBRA (2 acre parcel south of lot 2 Blackthorn Minor #6)

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u Resolution No. 1620 A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION ACCEPTING THE TRANSFER OF REAL PROPERTY FROM THE SOUTH BEND REDEVELOPMENT AUTHORITY WHEREAS, the South Bend Redevelopment Authority (the "Authority ") is the owner of a parcel of real property (Real Property) situated in St. Joseph County, Indiana, more particularly described at Exhibit A; and WHEREAS, pursuant to I.C. 36 -7- 14.5 -12, the Authority may dispose of real property; and WHEREAS, the Authority desires to transfer the Real Property to the City of South Bend, for the use and benefit of its Department of Redevelopment in order that it be sold and developed; and WHEREAS, the City of South Bend, Department of Redevelopment, acting by and through its governing body, the South Bend Redevelopment Commission desires to acquire the Real Property from the Authority; and WHEREAS, pursuant to I.C. 36- 1 -11 -8, the Authority 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, the Authority, at its meeting of July 13, 1998, will consider its Resolution No. , approving the transfer of the Real Property to the City of South Bend, for the use and benefit of its Department of Redevelopment. NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT COMMISSION AS FOLLOWS: 1. That the transfer of the Real Property situated in St. Joseph County, Indiana, and described on the attached Exhibit A, low by the South Bend Redevelopment Authority to the City of South Bend, for the use and benefit of its Department of Redevelopment, shall be, and hereby is, accepted. 2. That the Director of Redevelopment for the City of South Bend shall cause the recording of the quitclaim deed conveying all of the right, title and interest of the South Bend Redevelopment Authority in and to the Real Property to the City of South Bend, for the use and benefit of its Department of Redevelopment. 3. That this Resolution shall be in full force and effect upon its adoption by the South Bend Redevelopment Commission.