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U 8 Q�) • \ via e�c Cod Z \ 4 Community & Economic Development" ies 1200 County -City Building, 227 West Jefferson, South Bend, Indiana 46601 -1830 Phone 574/235 -9371 Fax 574/235 -9021 To: Redevelopment Commission From: David Relos, Economic Development Planner�Cl ` Subject: Resolution No. 3004 Accept 11 properties from the Redevelopment Authority Date: January 24, 2012 There are currently twelve Housing Development Corporation (HDC) properties in the Monroe Park area that staff has been working through the disposition process. These properties have been titled in the name of the Redevelopment Authority (Authority), and need to be transferred to the Commission for disposition purposes. To accommodate purchase offers on three of these HDC properties, on Dec 21, 2011 the Authority approved Resolution No. 175, authorizing the transfer of 628 Rush, 310 E. South, and 602 Carroll Streets to the Commission, who in turn approved Resolution No. 2995 on January 3, 2012, accepting the transfer of the most time sensitive property, 628 Rush St. To complete the transfer of the other eleven HDC properties from the Authority to the Commission, the Authority on January 16, 2012 approved Resolution No. 176. Resolution No. 3004 approves the acceptance by the Commission of the remaining HDC properties, and completes the transfer from the Authority to the Commission, thereby allowing the eventual disposition of these properties. Staff requests approval of Resolution No. 3004. What We Do Today Makes A Difference!