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r <br /> RESOLUTION NO. 76-2011 <br /> A RESOLUTION OF THE BOARD OF PUBLIC WORKS OF THE CITY OF SOUTH <br /> BEND, INDIANA, AUTHORIZING THE INITIATION OF A PROCESS PURSUANT TO <br /> I.C.36-1-11-4 TO SELL CERTAIN REAL PROPERTY OWNED BY THE CITY AND <br /> LOCATED AT 717 E. LaSALLE AVENUE, SOUTH BEND, INDIANA <br /> WHEREAS, the City of South Bend, Indiana, Board of Public Works (the "Board") has <br /> custody of and may maintain and dispose of all real property owned by the City of South Bend, <br /> Indiana(the"City")pursuant to I.G. 36-9-6-3; and <br /> WHEREAS, the City of South Bend, Indiana ("City") is the owner of certain real estate <br /> located at 717 East LaSalle Avenue, South Bend, Saint Joseph County Indiana, which is more <br /> particularly described in Exhibit "A" attached hereto and incorporated herein (the "Property"); <br /> and <br /> WHEREAS, the City has the power and authority, pursuant to the Indiana Home Rule <br /> Act, I.C. 36-1-3, to exercise all powers necessary or desirable in the conduct of its affairs, and <br /> further pursuant to I.C. 36-1-4-5 and I.C. 36-1-4-6 to acquire, use, improve, develop, maintain <br /> and dispose of interests in property; and <br /> WHEREAS, I.C. 36-1-11-4 provides for sale or transfer of real property by the City after <br /> the property has been appraised by two (2) appraisers; and <br /> WHEREAS, the Property has recently been appraised by two appraisers and the average <br /> of the two appraised values is $345,000.00; and <br /> WHEREAS, I.C. 36-1-11-4(e) provides that the City may engage an auctioneer to <br /> conduct the sale by public auction which may be conducted either at the time for beginning the <br /> sale in accordance with a public notice or after the beginning of the sale; and <br /> WHEREAS, the Board wishes to sell the Property pursuant to the provisions of I.C. 36-1- <br /> 11-4, with a zninimurn bid price of$545,000,00. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF PUBLIC WORKS OF <br /> THE CITY OF SOUTH BEND as follows: <br /> I. The authorized representative of the Board is directed to engage an auctioneer <br /> qualified pursuant to I.C. 36-1-11-4 to conduct a public sale of the Property, The <br />