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Resolution No 04-2022 - Transfer of City Property to Building Corporation; Segment of Wall St. and Segment of Greenlawn Ave.
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Resolution No 04-2022 - Transfer of City Property to Building Corporation; Segment of Wall St. and Segment of Greenlawn Ave.
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10/12/2022 2:21:16 PM
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10/12/2022 2:21:10 PM
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Board of Public Works
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Resolutions
Document Date
10/12/2022
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2 <br />WHEREAS, in order for the Commission and the Building Corporation to execute the <br />Lease upon closing of the Bonds, the Board of Public Works desires to convey the Leased <br />Premises to the Corporation pursuant to I.C. § 36-1-11-8 and subject to the terms of this <br />Resolution. <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF SOUTH BEND BOARD <br />OF PUBLIC WORKS AS FOLLOWS: <br /> <br />1. The Board of Public Works hereby approves the transfer of the Leased Premises <br />from the Board of Public Works in accordance with I.C. § 36-1-11-8, the Act. The <br />President of the Board (the “President”) is authorized and directed, in the name of <br />the City, to execute and deliver a quit claim deed in a form substantially similar to <br />the document attached hereto as Exhibit A, conveying all of the Board of Public <br />Works’ right, title, and interest in the Property to the Corporation. <br /> <br />2. The Board of Public Works authorizes Andrew Netter of the City’s Department of <br />Community Investment to deliver the Deed for recordation to the Office of the <br />Recorder of St. Joseph County, Indiana and execute any other document <br />necessary to affect the Corporation’s acceptance of the Leased Premises from the <br />Board of Public Works. <br /> <br />3. This Resolution will be in full force and effect upon its adoption by the Board of <br />Public Works. <br /> <br /> <br />Signature Page Follows <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />
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