No. 1413 accepting the transfer of real property from the COSB

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Resolution No .1413 FW A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION ACCEPTING THE TRANSFER OF REAL PROPERTY FROM THE CITY OF SOUTH BEND, INDIANA WHEREAS, the City of South Bend, Indiana, (the "City") is the owner of the certain real property situated in St. Joseph County, Indiana and being more particularly described as follows: A part of Bank Out Lot No. Twenty -four (24) of the 1st Plat of Bank Out Lots of the Town, now City of South Bend, platted by the State Bank of Indiana, which part is bounded by a line running as follows: viz: Beginning on the North line of West Washington Avenue at a point 50 feet West of the Southeast corner of said State Bank Out Lot No. Twenty -four (24) , thence West 50 feet to a public alley 14 feet wide, thence East 6 feet, thence South 98 feet, thence East 44 feet, thence South 100 feet to the place of beginning. Subject to the use of a private alley 6 feet wide East and West by 98 feet long North and South off of the North end of the above described real estate. Key No. 18- 1023 -0964. Commonly known as 505 W. Washington (hereinafter referred to as the Real Property) and; WHEREAS, pursuant to I.C. 36- 9 -6 -3, said Real Property is under the exclusive control of the Board of Public Works for the City of South (hereinafter referred to as the "Board "); and WHEREAS, the City of South Bend, Department of Redevelopment (Redevelopment) , acting by and through the South Bend Redevelopment Commission ( "Commission "), hereby expresses its desire to acquire Real Property from the City; and WHEREAS, pursuant to I.C. 36- 1 -11 -8, the City 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. 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 more particularly as follows: