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Resolution No. /5_3 � <br />SO A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION <br />APPROVING THE TRANSFER OF REAL PROPERTY <br />TO THE CITY OF SOUTH BEND, INDIANA <br />WHEREAS, the City of South Bend, Indiana, Department of <br />Redevelopment (Redevelopment) is the owner of the following <br />described real property situated in St. Joseph County, Indiana: <br />Lot Numbered Three Hundred Twenty -six (326) as shown on <br />the recorded Plat of Wenger and Kreighbaum's First <br />Broadway Addition to the City of South Bend, excepting <br />therefrom a strip of land 50 feet in length, North and <br />South, taken off of and from the entire width of the <br />North end thereof. Commonly known as 301 East <br />Broadway, <br />and <br />Lot Numbered Three Hundred Twenty -eight (328) as shown <br />on the recorded Plat of Wenger & Kreighbaum's First <br />Broadway Addition, recorded in the office of the <br />Recorder of St. Joseph County, Indiana, in Plat Book 9, <br />page 13, <br />(hereinafter referred to as the Real Property), and; <br />WHEREAS, pursuant to I.C. 36- 7 -14 -3, the South Bend <br />Redevelopment Commission (Commission) is the governing body of <br />the City of South Bend, Department of Redevelopment and, pursuant <br />to I.C. 36 -7 -14 -12.2 may dispose of the Real Property; and <br />WHEREAS, the Commission, is desirous of transferring the <br />property to the City of South Bend, Indiana, for the sum of Ten <br />Dollars ($10.00); and <br />WHEREAS, pursuant to I.C. 36- 1 -11 -8, Redevelopment, acting <br />through the Commission and the City, acting by and through the <br />Board of Public Works (Board), may exchange or transfer property <br />with one another upon terms and conditions agreed upon by the two <br />(2) entities as evidenced by the adoption of substantially <br />identical resolutions of each entity; and <br />WHEREAS, the Board of Public Works, at its meeting of August <br />4, 1997 will consider its Resolution No. 62 -1997, accepting the <br />transfer of the Real Property from the City of South Bend, for <br />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 />