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(collectively 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 <br />, 1997 will consider its Resolution No. , <br />accepting the transfer of the Real Property from the City of <br />South Bend, for the use and benefit of its Department of <br />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. <br />Joseph County, Indiana, and generally described as follows: <br />Parcel I: A lot or parcel of land in the Northwest <br />part of Bank Out Lot Numbered 71 of the First Plat of <br />Out Lots of the Town, now City of South Bend, in St. <br />Joseph County, Indiana, platted by the State Bank of <br />Indiana, which part is bounded by a line running as <br />follows: Beginning on the East line of Chapin Street <br />which is the West line of said Bank Out Lot, at a point <br />16 rods and 21.92 feet or 285.92 feet North of the <br />Southwest corner of said Bank Out Lot Numbered 71, <br />which commencement point is at present Southwest corner <br />of a lot now owned by Michael Hazinski and Weronika <br />Hazinski; thence running South on the East line of <br />Chapin Street 38 feet; thence East 7 rods and 4 links; <br />thence North 38 feet; thence West 7 rods and 4 links to <br />the place of beginning. <br />Together with a strip of ground for an alley 9 feet <br />wide, described as follows: Beginning at the Southeast <br />corner of the above described tract; thence South 52.42 <br />feet to a public alley running East and West through <br />said Bank Out Lot Numbered 71; thence West on the North <br />line of said alley 9 feet; thence North 52.42 feet to <br />the South line of the lot first above described; thence <br />East 9 feet to the place of beginning, as disclosed in <br />