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RESOLUTION N0. 913 <br />A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT <br />COMMISSION INDICATING ITS INTENTION TO TRANSFER <br />CERTAIN REAL ESTATE TO THE SOUTH BEND REDEVELOPMENT <br />AUTHORITY. - <br />WHEREAS, the South Bend Redevelopment Commission owns certain <br />parcels of residential real estate in that portion of the South Bend <br />Central Development Area generally known as Monroe Park, which <br />parcels are more fully described in Exhibits A through K attached <br />hereto and made a part hereof, and <br />WHEREAS, the structures on said parcels are in need of renovation <br />or demolition, and <br />WHEREAS, the Commission lacks the necessary funds to perform the <br />renovation and the demolition, and <br />WHEREAS, pursuant to I.C. 36 -7- 14.5 -19 the South Bend <br />Redevelopment Authority is authorized to issue bonds in order to <br />finance public improvements as set forth in I.C. 36 -7- 14.5 -11, and <br />WHEREAS, pursuant to I.C. 36- 7 -14 -22 and I.C. 36 -7- 14.5 -18 the <br />Commission may transfer property to the Redevelopment Authority for <br />improvements by the Authority consistent with the purposes set forth <br />in I.C. 36 -7 -14.5, and <br />WHEREAS, the Commission desires to transfer said property to the <br />Authority for such improvement. <br />NOW, THEREFORE, BE IT ORDAINED by the South Bend Redevelopment <br />Commission as follows: <br />The parcels of land within that portion of the South Bend Central <br />Development Area commonly known as Monroe Park, which parcels are <br />more completely described in Exhibits A through K attached hereto and <br />incorporated herein, shall be transferred to the South Bend <br />Redevelopment Authority pursuant to and consistent with the purposes <br />set forth in I.C. 36 -7 -14.5. <br />The President or the Vice - President and the Secretary of the <br />Commission are the proper parties to execute the deeds transferring <br />the parcels. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />PAULA AUBURN, VICE- PRESIDENT <br />ATTEST: <br />74 AAA <br />Roman Piasecki <br />Secretary <br />Adopted at a meeting of the South Bend Redevelopment Commission <br />held on February 9, 1990m at the offic of the Commission, 1200 <br />County -City Building, 227 West Jefferson Boulevard, South Bend, <br />Indiana 46601. <br />R3RN:R- TRANSFER <br />