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PUBLIC AGENDA SESSION MARCH 6 200 <br />WHEREAS, the Northeast Nei Revitalization Or Inc. ( the <br />"NNRO") has entered into a purchase a with the owner of the Propert which NNRO is <br />willin to assi to the Cit and <br />. WHERE-AS the Board desires to accept from NNRO the assi of the purchase <br />a for the Propert and <br />WHEREAS, the Board desires to authorize its purchasin a or staff to present and <br />ne offers for the Propert on behalf of the Board provided that the offers not exceed the <br />lesser of. (i) the appraisal amount or (ii) $25,000.00; and <br />WHERAS,, the Board further desires to authorize the Cit Attorne or an Assistant Cit <br />Attorne to approve and execute an and all documentation, includin but not limited to offer <br />letters,, counteroffer letters,, assi a purchase a and deeds necessar or <br />advisable, in the opinion of le counsel, to secure and accept the Propert <br />NOW, THEREFORE, BET RESOLVED b the Cit of South Bend, Indiana, Board of <br />Public Works, as follows: <br />I The Board hereb finds that the purchase of the Propert will serve a public <br />p-Lupose, will be of benefit to the health or g eneral welfare of the unit, and be in the best interest <br />of the citizens of the Cit and that ac the Propert for the Cit for of urban homestead <br />pro is necessar to stabilize the surroundin nei and reduce the number of vacant <br />and abandon housin in the Cit <br />2. The Board accepts the Assi of Interest in Purchase A which has <br />been executed b NNRO and which was tendered to the Board. <br />4. The Cit Attorne or an Assistant Cit Attorne is authorized to approve and <br />execute an and all documentation, includin but not limited to offer letters, counteroffer letters, <br />assi a purchase a and deeds necessar or advisable, in the opinion of <br />Z� <br />le counsel, to secure and accept the Propert <br />Adopted at the Re Meetin of the Cit of South Bend, Indiana, Board of Public <br />Works held on March 25, 2008, at 1308 Count Buildin 227 West Jefferson Boulevard, <br />South Bend,, Indiana 46601 <br />s/ Gar Gilot, President <br />s/Carl Littrell <br />s/Donald U,-,s <br />ATTEST: <br />s/Linda Mai-tin, Clerk <br />EXHIBIT A <br />RESOLUTION O. -200 <br />...... .... ..... — - <br />----- .... .. ...... <br />.. ........ <br />Avera <br />Owner <br />T of <br />Ac <br />Full/Split <br />Tax Ke No. <br />Address <br />Interest <br />Price <br />pareei <br />[ <br />1313 Bissell Stree <br />J.�S-B N�.A. <br />F�ee-Si�mle��$16�,500�-00 <br />