No. 1120 approving the transfer of real property to the COSB

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RESOLUTION 1120 A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION APPROVING THE TRANSFER OF REAL PROPERTY TO THE CITY OF SOUTH BEND WHEREAS, the City of South Bend., Indiana, Department of Redevelopment has appropriated and condemned the following described real property situated in St. Joseph County, Indiana.::: A lot or parcel of land in the West Half (1/2) of the Northwest Quarter (1/4) of Section No. Thirteen (13), Township No. Thirty -seven (37) North, Range No. Two (2) East, described as follows, viz: Beginning on the West line of South Michigan Street, in the City of South Bend, at the Southeast corner of the Plat of South Bend City, as platted by Samuel Morrison, now within. and. a part of the City of South Bend; thence running South on the West line of Michigan Street, 35 feet; thence West 10 rods, more or less, to the. East line of a public alley; thence North on the East line of said alley, 35 feet; thence East 10 rods, more or less, to the place of beginning, and now known as Lot Lettered A as shown on the recorded Plat of Stull's Third Addition to the City of South Bend. Key No. 18- 8004 -0192, ( "Real Property "); and WHEREAS, pursuant to I.C.. 36- 7 -14 -3 the South Bend Redevelopment Commission ( "Commission ") is the governing body of the City of South Bend Department of Redevelopment and, pursuant to I.C. 36 -7 -14 -12.2 is authorized to dispose of the Real Property; and WHEREAS, the Commission is desirous of conveying its interest in the Real.Property to the City of South Bend, Indiana; and WHEREAS, the City of South Bend is desirous of receiving the Real Property from the Commission; and WHEREAS, pursuant to I.C. 36- 9 -6 -3, the Board.of Public Workss 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 Commission has agreed to convey its interest in the Real Property to the City-of South Bend, and the City of South Bend, acting by and through the Board, has agreed to accept the Real Property from the Commission for One Dollar ($1.00) and other good and valuable consideration..