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0 0 <br />RESOLUTION NO. 408 <br />RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION, <br />THE GOVERNING BODY OF THE CITY OF SOUTH BEND DEPARTMENT <br />OF REDEVELOPMENT, AUTHORIZING THE EXECUTION OF THE <br />" REDEVELOPMENT AGREEMENT FOR THE DISPOSITION OF PARCEL 7 -1 <br />AND THE EXECUTION OF THE WARRANTY DEED(S) FOR THE TRANSFER <br />OF TITLE THERETO, IN CONNECTION WITH LAND TO BE DISPOSED <br />OF IN THE SOUTH BEND CENTRAL DOWNTOWN PROJECT, INDIANA R -66. <br />WHEREAS, the City of South Bend Department of Redevelopment is carrying out <br />the Urban Renewal for an area known as the South Bend Central Downtown Project, <br />Indiana R -66, pursuant to the Urban Renewal Plan adopted by the Common Council <br />of the City of South Bend, Indiana, by Resolution No. 193 -68 on September 10, 1968; <br />and <br />WHEREAS, the Urban Renewal Plan calls for the sale for redevelopment by public <br />or private agencies of acquired land in accordance with the provisions of said <br />Plan; and <br />WHEREAS, the following redeveloper has submitted a proposal to redevelop the <br />following parcel within the South Bend Central Downtown Project, Indiana R -66, <br />and that said proposal has been processed in accordance with all applicable <br />Statutes of the State of Indiana and of the United States and with all applicable <br />rules and regulations governing the sale of land acquired by the Redevelopment <br />Commission: <br />Parcel Number <br />Name of Redeveloper <br />Disposition Parcel 7 -1 St. Joseph Bank & Trust Company of <br />South Bend, Indiana, as Trustee for <br />Land Trust No. 31- 001935 -1 <br />WHEREAS, said proposal submitted by St. Joseph Bank & Trust Company of South Bend, <br />Indiana, as Trustee for Land Trust No. 31- 001935 -1 is satisfactory and is not less <br />than the offering price of the Commission for uses in accordance with the Urban <br />Renewal Plan, and said bid proposal is determined by the Redevelopment Commission <br />to be the highest and best bid; <br />NOW, THEREFORE, BE IT RESOLVED, by the South Bend Redevelopment Commission, the <br />Governing Body of the City of South Bend, Department of Redevelopment, that the <br />Executive Director of the Department of Redevelopment is hereby authorized to <br />prepare a Redevelopment Agreement and Warranty Deed(s) for the purpose of con- <br />veying said land to said redeveloper; and <br />BE IT FURTHER RESOLVED, that the President of the South Bend Redevelopment <br />Commission is hereby authorized to execute said Redevelopment Agreement and <br />Warranty Deed(s) and that the Secretary of said Commission is hereby authorized <br />to attest said Agreement and Deed(s). <br />Adopted at the Regular Meeting of the South Bend Redevelopment Commission held <br />on June 16, 1972, in the Office of the Redevelopment Commission, Room 1200 <br />County -City Building, 227 West Jefferson Blvd., South Bend, Indiana 46601. <br />CITY OF SOUTH BEND <br />DEPARTMENT OF REDEVELOPMENT <br />I .. \ r r� <br />