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Certificate of Completion - 466 Community Development Corporation
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Certificate of Completion - 466 Community Development Corporation
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11/12/2024 3:55:05 PM
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11/12/2024 3:55:04 PM
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Board of Public Works
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Projects
Document Date
11/12/2024
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CROSS REFERENCE: <br />Document No. 2020-31642, recorded October 15, 2020 <br />CERTIFICATE OF COMPLETION <br />This Certificate of Completion (this “Certificate”) is issued on November 12, 2024, <br />by the Civil City of South Bend, Indiana, acting by and through its Board of Public Works (the <br />“Board”), pursuant to the Real Estate Donation Agreement by and between the Board and <br />466 Works Community Development Corporation. (the “Donee”), dated October 13, 2020 (the <br />“Agreement”). <br />The Board states as follows: <br />1.Pursuant to the Agreement, the Board conveyed to the Donee the real property <br />described in attached Exhibit A (the “Property”) by the special warranty deed recorded on October <br />15, 2020, as Document No. 2020-31642 in the Office of the Recorder of St. Joseph County, Indiana <br />(the “Deed”). <br />2.Section 7 of the Agreement established certain obligations (the "Development <br />Obligations") of the Donee following its acceptance of the Deed from the Board. The Board <br />hereby acknowledges and affirms that the Donee has performed all of its Development Obligations <br />as required under the Agreement and has provided satisfactory evidence of the same. <br />3. This Certificate will serve as a conclusive determination of the Donee’s satisfaction <br />of the Development Obligations and, upon recordation, will constitute a full release of the Board’s <br />reversionary interest in the Property established under the Deed and Section 7 of the Agreement. <br />4.This Certificate does not amend or otherwise alter the Agreement, and this <br />Certificate shall be binding upon the Board and its successors and assigns and shall inure to the <br />benefit of the Donee and her successors in interest. <br />[Signature page follows.]
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