No. 0397 authorizing acceptance of bids for land, authorizing the execution of development agreement(s) for disposition of land, execution of warranty deed(s) for transfer to title thereto in connection with LaSalle Park Project, IND R-57 (Hesiben)

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RESOLUTION NO. 397 RESOLUTION AUTHORIZING ACCEPTANCE OF BIDS FOR LAND AND AUTHORIZING THE EXECUTION OF DEVELOPMENT AGREEMENT (S) FOR DISPOSITION OF LAND AND EXECUTION OF WARRANTY DEED (S) FOR THE TRANSFER OF TITLE THERETO IN CONNECTION WITH LAND TO BE DISPOSED OF IN THE LASALLE PARK PROJECT, IND. R -57. WHEREAS, Orntrue S. Hesiben has submitted a written offer meeting the approved minimum price on Disposition Parcel commonly referred to as 22 -41 and has submitted a written offer meeting the approved minimum price on Disposition Parcel commonly referred to as 22 -41 in the LaSalle Park Project, Ind. R -57; an WHEREAS, the South Bend Redevelopment Commission has determined that the acceptance of these bids are in accordance with the approved disposal program for this area; an WHEREAS, the Commission has determined that the redevelopers possess the qualification and financial resources necessary to acquire and develop the land in accordance with the Urban Renewal Plan; and WHEREAS, the offer of $402.00 by the Orntrue S. Hesiben, is satisfactory and not less han the offering prices of the Commission for uses in accordance with the Urba Renewal Plan, which offering prices were submitted to and approved by the Depart ent of Housing and Urban Development; and WHEREAS, the Urban Renewal Plan for the area known as LaSalle Park Project, Ind. R -57, ca is for the sale for redevelopment by public or private agencies of all acquired and in accordance with the provisions of said plan; and WHEREAS, the following redevelopers have submitted proposals to redevelop certain parcels within the LaSalle Park Project and that said proposals have been processed in accordance with all applicable Statutes of the State of Indiana and rules and reg lations of the Federal Statutes governing the sale of Urban Renewal land, which parcels are described as follows: PARCEL NUMBER NAME 22 -41 Orntrue S. Hesiben NOW, THEREFORE, BE IT RESOLVED that the South Bend Redevelopment Commission accepts the offer of Orntrue S. Hesiben, to acquire at a price of $402.00 and redevelop the designated Disposition Parcel 22 -41. NOW, THE EFORE, BE IT FURTHER RESOLVED by the South Bend Redevelopment Commission, Governing Bodl of the City of South Bend Department of Redevelopment, that the Executive Dir ctor of the Department of Redevelopment is authorized to prepare Rede- velopment Agr ement(s) and Warranty Deed(s) for the purpose of conveying said real estate to the proposed redevelopers above described. BE IT FURTHER RESOLVED that the President of the South Bend Redevelopment Commission is authorized to execute said Redevelopment Agreement(s) and Warranty Deed(s) and that the Assistant Secretary of the Commission is hereby authorized to attest said Agreement and Deed(s).