No. 1583 approving the transfer of real property to the SBRA

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s- -s FA Resolution No. 1583 A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION APPROVING THE TRANSFER OF REAL PROPERTY TO THE SOUTH BEND REDEVELOPMENT AUTHORITY WHEREAS, the City of South Bend, Indiana, Department of Redevelopment (Redevelopment) is the owner of the following described real property situated in St. Joseph County, Indiana: See attached Exhibit A (collectively hereinafter referred to as the Real Property),and; WHEREAS, pursuant to I.C. 36- 7 -14 -3, the South Bend Redevelopment Commission (Commission) is the governing body of the City of South Bend, Department of Redevelopment and, pursuant to I.C. 36 -7 -14 -12.2 may dispose of the Real Property; and WHEREAS, the Commission, is desirous of transferring the property to the South Bend Redevelopment Authority (Authority) for the sum of Ten Dollars ($10.00); and WHEREAS, pursuant to I.C. 36- 1 -11 -8, Redevelopment, acting through the Commission and the Authority may exchange or transfer property with one another 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 Redevelopment Authority, at its meeting of February 23, 1998, will consider its Resolution No. 122 , accepting the transfer of the Real Property from South Bend Redevelopment Commission. 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 generally described as follows: See attached Exhibit A for the sum of Ten Dollars ($10.00), by the City of South Bend, Indiana, Department of Redevelopment, to the South Bend Redevelopment Authority, for construction of the improvements to the Morris Civic Auditorium and Palais Royale Ballroom, shall be, and hereby is, approved. 2. That the President and Secretary of the South Bend Redevelopment Commission shall be, and hereby are, authorized, respectively, to execute and attest to the execution of a