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REGULAR MEETING <br />DECEMBER 18, 2000 <br />WHEREAS, the City received one bid equal to at least 90 % of the appraised value oftle land <br />and the City has accepted the bid as being sufficient; grid <br />WHEREAS, the Mayor of the City of South Bend has given his approval for the sale of the <br />land consistent with I.C. 36- 1- 11- 3(b)(1). <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />Section I. The Director of Public Works and the Board of Public Works for the City of South <br />Bend are hereby authorized to enter into a contract for the sale of the land referred to above. <br />Section II. Copies of the appraisals are being made available for public inspection by <br />providing copies of the same to the South Bend Common Council. <br />Section III. This Resolution shall be in full force and effect from and after its adoption by <br />the Common Council and approval by the Mayor. <br />s /Charlotte Pfeifer <br />Member, South Bend Common Council <br />MT. Gary Gilot, Director, Department of Public Works, 1300 County -City Building, South Bend, <br />Indiana, made the presentation for `this bill. <br />Mr. Gilot stated that this Resolution authorizes the sale of surplus property at the west end of the <br />Organic Resources site on the south side of-old Cleveland Road. He noted that the City is reserving <br />a fifty (50) foot right -of -way to make some of the southern portion of the one hundred (100) acres <br />accessible to the City. He further stated that they believe that a partnership with the State of Indiana <br />for a facility that would be constructed by the Holiday Corporation would be in the best interest of <br />the community and therefore they are prepared to sell this prop& "rty at the purchase offer price which <br />exceeds ninety per cent (90 %) of the average of two (2) appraisals. <br />A Public Hearing was held on the Resolution at this time. <br />Mr. Frank Peri, Holiday Group, South Bend, Indiana, informed the Council that they are the <br />developer for the project for the State of Indiana to construct a juvenile facility on the property that <br />Mr. Gilot referred to earlier. <br />The "re was no one else present wishing to'speak to the Council in favor of this Resolution and there <br />was no one present wishing to speak to the Council in opposition to this Resolution. <br />Councilmember" Varner stated that mention was made that bids were received in excess of ninety <br />per cent (90 %) of the appraised value and he asked for the appraised value and the purchase price. <br />Mr. Gilot stated that ninety -five per cent (95 %) of the average of two (2). appraisals was ninety four <br />thousand five hundred dollars ($94,500.00) and the one and only bid received was for ninety -five <br />thousand dollars ($95,000.00). <br />In response to Councilmember Varner's question of the number of acre's involved, Mr. Gilot stated <br />that three (3) acres are buildable and the remaining twelve (12) acres are not buildable. <br />Councilmember Varner also inquired-if this price was comparable to the sale price of other land in <br />the area on a per acre basis. He noted that the Council has been told that this is a very popular area <br />that is quickly developing and he inquired if the City was comfortable with this offer. Mr. Gilot <br />stated that the unit price on buildable acres close to this site was comparable to other sales. The <br />other acreage price is reflective of the fact that there is a significant impediment to using that <br />property to build on but it can be used for recreational fields. <br />Councilmember Aranowski made a motion to adopt this Resolution. Councilmember <br />Varner seconded the motion which carried and the Resolution was adopted by a roll call vote of nine <br />(9) ayes. <br />1 <br />