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. <br />C <br />Resolution No. 1503 <br />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 real property <br />and improvements described at Exhibit A, hereto, situated in St. <br />Joseph County, Indiana, (hereinafter "Real Property "); and <br />WHEREAS, pursuant to I.C. 36- 7 -14 -3, the South Bend <br />Redevelopment Commission (hereinafter, the "Commission ") is the <br />governing body of the City of South Bend, Department of <br />Redevelopment and, pursuant to I.C. 36 -7 -14 -12.2 and I.C. 36 -1- <br />11-8 may dispose of the Real Property; and <br />WHEREAS, the Commission, is desirous of transferring the <br />Real Property to the City of South Bend, Indiana ( "City ") for the <br />sum of Ten 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, may exchange or transfer property with one <br />another upon terms and conditions agreed upon by the two (2) <br />entities as evidenced by the adoption of substantially identical <br />resolutions of each entity; and <br />WHEREAS, the Board of Public Works, at its meeting of , <br />1997 will consider its Resolution No. , accepting the <br />transfer of the Real Property from the City of South Bend, <br />Indiana, Department of 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 for the sum of <br />Ten Dollars ($10.00), by the City of South Bend, Indiana, <br />Department of Redevelopment to the City of South Bend, Indiana, <br />shall be, and hereby is, approved. <br />2. That the President and Secretary of the South Bend <br />Redevelopment Commission shall be, and hereby are, authorized, <br />respectively, to execute and attest to the execution of a quit <br />claim deed conveying all of the right, title and interest in the <br />Real Property to the City of South Bend, Indiana. <br />3. That this Resolution shall be in full force and effect <br />upon its adoption by the South Bend Redevelopment Commission. <br />