No. 0208 establishing the method(s) of disposition authorizing the request for concurrence in recommended minimum disposition prices of land in LaSalle Park Project IND R-57

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RESOLUTION NO. 208 RESOLUTION AMENDING AND SUPERS ED S RESOLUTION NO. 198, A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION, GOVERNING BODY OF THE CITY OF SOUTH BEND, DEPARTMENT OF REDEVELOPMENT ESTABLISHING THE METHOD AND/OR METHODS OF DISPOSITION AND AUTHORIZING THE REQUEST FOR CONCURRENCE IN RECOMMENDED MINIMUM DISPOSITION PRICES OF LAND IN THE LASALLE PARK PROJECT, IND. R -57 WHEREAS, the South Bend Redevelopment Commission has determined that it is now necessary to establish the method to be used for disposition of project land and to establish the recommended rbinimum disposition prices for the land in the LaSalle Park Project in accordance with the Land Dis- positi n Plan. WHEREAS, the South Bend Redevelopment Commission has determined that the sale of these parcels are in accordance with the Disposition Plan for this a ea; and WHEREAS, the minimum price for said land has been determined in accordance with all applicable statutes of the State of Indiana and rules and regulations and federal statutes governing the sale of urban renewal land; and WHEREAS, the Redevelopment Commission has reviewed the three separate ReUse Appraisals for said parcels; and WHEREAS, the proposed disposition prices for said parcels are, in the opinion of the Commission, fair and reasonable; and N , THEREFORE, the South Bend Redevelopment Commission determines that land ip the project area shall be disposed of by the following methods which are more fully described in the Urban Renewal Plan Sections noted: 14-11-4 Predetermined Price Offerings, 14 -3 -5 Subsidized Redevelopment are the appropriate methods of disposition in accordance with the Urban Renewal Plan as recorded; and FURTHER, that Resolution No. QW is hereby amended and superseded, and 191' FURTHER, that the South Bend Redevelopment Commission authorizes the Exeeut ve Director to submit the proposed disposition prices to the Depart- ment o Housing and Urban Development office for concurrence. Adopte at the Regular Meeting of the South Bend Redevelopment Commission on Jan ary 18, 1968 at the office of the Commission, 120 West LaSalle Ave- nue, S ite 1001, South Bend, Indiana.