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WHEREAS, pursuant to I.C. 36- 7- 14- 12.2(3) the Commission may <br />sell, lease, or grant interests in all or part of real property <br />acquired for redevelopment purposes to any other governmental agency <br />for public purposes upon any terms that may be agreed upon; and <br />WHEREAS, the Commission is desirous of transferring the Real <br />Property to the Authority to allow for the construction thereon of <br />the College Football Hall of Fame Portion of the Project and is <br />desirous of doing so for nominal consideration. <br />NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT <br />COMMISSION AS FOLLOWS: <br />1. That the transfer of the Real Property situated in St. Joseph <br />County, Indiana, and generally described as follows, by the City of <br />South Bend, Department of Redevelopment, acting by and through the <br />South Bend Redevelopment Commission to the South Bend Redevelopment <br />Authority: <br />Lots 44, 45, 46 and vacated alley (Resolution <br />#3375 -23) of the Original Plat of the Town (now <br />City) of South Bend, St. Joseph County, Indiana, <br />more particularly described as follows: Beginning <br />at the northwest corner of said Lot 46; thence <br />North 89 039134" East a distance of 164.86 feet <br />along the north line of said Lot 46 (south <br />boundary of Washington Street) to the northeast <br />corner of said Lot 46; thence South 0 027100" East <br />a distance of 212.02 feet to the northeast corner <br />of Lot 43 of said original plat; thence South <br />89 037139" West a distance of 164.86 feet along the <br />north line of said Lot 43 to the northeast corner <br />of said Lot 43; thence North 0 127100" West a <br />distance of 212.08 feet along the east boundary of <br />Michigan Street to the point of beginning and <br />containing 0.802 acres, more or less. <br />and also <br />Lot 5 of the Plat of River Bend Addition to the <br />City of South Bend, St. Joseph County, Indiana, <br />more particularly described as follows: Beginning <br />at the southeast corner of said Lot 5; thence <br />South 89 037139" West a distance of 127.52 feet to <br />the southwest corner of said lot; thence North <br />0 027100" West a distance of 212.06 feet to the <br />northwest corner of said lot and the south <br />boundary of Washington Street; thence North <br />89 039134" East a distance of 127.67 feet along <br />said south boundary to the northeast corner of <br />said lot and the west boundary of St. Joseph <br />Street; thence South 0 024152" East a distance of <br />211.96 feet along said west boundary to the point <br />of beginning and containing 0.621 acres, more or <br />less, together with any adjacent vacated alley(s) <br />