Resolution No. 179 Transfer of Real Property to the city of South Bend

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RESOLUTION NO. 179 A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT AUTHORITY APPROVING THE TRANSFER OF REAL PROPERTY TO THE CITY OF SOUTH BEND WHEREAS, the South Bend Redevelopment Authority (the "Authority ") exists and operates under the provisions of I.C. 36 -7 -14.5, as amended from time to time (the "Act') and is a body corporate and politic and is an instrumentality of the City of South Bend, Indiana (the "City "); and WHEREAS, the City of South Bend, Indiana, Board of Public Works (the `Board ") has custody of and may maintain all real property owned by the City pursuant to I.C. 36- 9 -6 -3; and WHEREAS, the Board requires certain parcels of land previously acquired by the Authority and more particularly described at Exhibit A (the "Property ") for the development of infrastructure projects for the benefit of the citizens of the City; and WHEREAS, the Authority is willing to transfer the Property to the Board; and WHEREAS, pursuant to I.C. 36- 1 -11 -8, the Authority and the Board may authorize the transfer and acceptance of property between governmental entities upon terms and conditions agreed upon by the two (2) entities as evidenced by the adoption of substantially identical resolutions of each entity; and WHEREAS, the Authority, desires to authorize the staff ofthe Redevelopment Department of the City to approve and execute quitclaim deeds effecting the transfer of the Property; and WHEREAS, it is contemplated that the City, through the Board, will adopt a resolution consistent with the requirements of Indiana § 36-1 -11 -8. NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT AUTHORITY AS FOLLOWS: 1. The transfer of the Property described at Exhibit A situated in St. Joseph County, Indiana, by the South Bend Redevelopment Authority, to the Board of Public Works, for and on behalf of the City of South Bend shall be, and hereby is, approved. 2. The staff of the City of South Bend, Department of Redevelopment shall be, and hereby are, authorized to approve the form of and execute quit -claim deeds or any other instruments necessary to convey all of the right, title and interest in the Property to the City of South Bend pursuant to the terms and conditions evidenced by this Resolution. ( 3. This Resolution shall be in full force and effect upon its adoption by the Authority �r and upon the adoption of a substantially similar resolution of the Board. The transfer of the