No. 1376 approving the transfer of real property to the COSB (Wengers & Krieghbaums Replat)

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Resolution No.1376 A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMSSION APPROVING THE TRANSFER OF REAL PROPERTY TO THE CITY OF SOUTH BEND WHEREAS, the City of South Bend, Indiana, for the use and benefit of its Department of Redevelopment owns or is negotiating for the purchase of the following- described real property situated in St. Joseph County, Indiana: See Exhibit "A," attached (hereinafter collectively referred to as the Real Property) and; WHEREAS, the South Bend Redevelopment Commission (the Commission) is the governing body of the City of South Bend, Department of Redevelopment, pursuant to I.C. 36- 7 -14 -3; and WHEREAS, the Commission desires to transfer the Real Property to the City of South Bend with the intent and upon the condition that the City of South Bend reconvey the real property to the South Bend Heritage Foundation, Inc. (SBHF) for the sum of One Dollar ($1.00) per lot subsequently conveyed, for use in connection with its house move project taking place in the Sample -Ewing Development Area; and WHEREAS, the Commission, prior or subsequent to the conveyance of the Real Property to the City intends to replat or cause the replat of the Real Property and to relocate to the Real Property a certain number of residential structures and intends that the subsequent reconveyance to SBHF, and the purchase price of One Dollar ($1.00) per lot conveyed to SBHF, may include the conveyance of both the Real Property (or a portion thereof) and any structures subsequently moved thereon; and WHEREAS, pursuant to I.C. 36- 9 -6 -3, the Board of Public Works of the City of South Bend (the "Board ") has custody of and may maintain all real property of the City of South Bend; and WHEREAS, pursuant to I.C. 36- 1 -11 -8, the City of South Bend, acting by and through the Board, 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; and WHEREAS, the Redevelopment, acting through the Commission, and pursuant to I.C. 36- 7- 14- 12.2(a)(3), 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; and WHEREAS, the Board, at its meeting of July 17, 1995 adopted a resolution substantially similar in its terms to the terms of this resolution.