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employment. Council Member Slavinskas made a motion to adopt this resolution, <br />seconded by Council Member Duda. The resolution was adopted by a roll call vote of <br />nine ayes. <br />RESOLUTION NO. 2081 -91 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH <br />BEND, INDIANA, EXPRESSING ITS INTEREST IN PURCHASING THE <br />PROPERTY LOCATED AT 125 WEST COLFAX IN SOUTH BEND. <br />WHEREAS, the City of South Bend, Indiana, is the owner of certain real estate <br />and improvements located 224 North Main Street and known as the South Bend Water <br />Works Administration Building, which building houses the administrative offices of <br />the South Bend Water Works; and <br />WHEREAS, said Water Works Administration Building its used and staff by the <br />employees of the South Bend Water Works and houses the City's water utility <br />operations; and <br />WHEREAS, said Water Works Administration Building comprises approximately 4,700 <br />square feet, which area is insufficiently large to accommodate all of the staff and <br />operations of the City's water utility, which insufficiency results in the <br />inefficient operation of the City's water utility and added cost of such operations; <br />and <br />WHEREAS, said Water Works Administration Building is plagued with structural and <br />operational problems, including handicap inaccessibility, cracks, poor heating, <br />ventilating and air conditioning systems, poor wiring and inadequate power supply, <br />leaking roof, inadequate fire power supply, leaning roof, inadequate fire protection, <br />pest problems; and <br />WHEREAS, the most efficient and cost effective allocation of resources warrants <br />the relocation of the City's Water Works administrative operations from said Water <br />Works Administration Building to a new facility that is both adequately sized to <br />house utility needs and which shall be properly ventilated and otherwise equipped; <br />and <br />WHEREAS, the owners of the real estate and improvements at 125 West Colfax <br />Street, South Bend, Indiana, formerly housing the Summit Bank Building, are desirous <br />of selling such real estate and improvements to the City for use as the City's Water <br />Works Administration Building; and <br />WHEREAS, the Director of the real estate and improvements at 125 W. Colfax <br />Street, South Bend, Indiana, formerly housing the Summit Bank Building, are desirous <br />of selling such real estate and improvements to the City for use as the City's Water <br />Works Administration Building; and <br />WHEREAS, the Director of the South Bend Water Works has inspected said Summit <br />Bank Building property and has found it to be adequately sized, and with <br />improvements, otherwise suited for use as the City's Water Works Administration <br />Building; and <br />WHEREAS, the Director of the South Bend Water Works has Commissioned and <br />obtained two (2) appraisals of the Summit Bank Building property located at 125 West <br />Colfax prepared by two (2) appraisers professionally engaged in making appraisals; <br />and <br />WHEREAS, said appraisals have been returned to the Director of the South Bend <br />Water Works who, on September 7, 1993, filed said appraisals with the Board of Water <br />Works Commissioners for the City of south Bend; and <br />WHEREAS, said appraisals have been presented to the South Bend Common Council <br />and are presently on file at the Water Works Administration Building and shall remain <br />on file for a period of five (5) years; and <br />WHEREAS, said appraisals have appraised the Summit Bank Building property at 125 <br />West Colfax at $340,000.00 and $325,000.00; and <br />WHEREAS, the Director of the South Bend Water Works recommended to the Board of <br />Water Works Commissioners of the City of South Bend that it offer to purchase the <br />Summit Bank Building property for $320,000.00; and <br />WHEREAS, the Board of Water Works Commissioners of the City of South Bend, at <br />its September 7, 1993, meeting adopted a resolution declaring it to be of public <br />utility and benefit that the property at 125 West Colfax commonly known as the Summit <br />Bank Building be acquired; and <br />WHEREAS, on September 21, 1993, the Board of Water Works Commissioners of the <br />City of South Bend held a public hearing on the public utility and benefit of <br />acquiring the Summit Bank Building at 125 West Colfax and that after the hearing the <br />Board of Water Works Commissioners affirmed this Resolution declaring the acquisition <br />of the Summit Bank Building to be of public utility and benefit; and <br />WHEREAS, the Board of Water Works Commissioners for the City of South Bend has <br />established a maximum purchase price ft the Summit Bank Building of $320,000.00; and <br />WHEREAS, I.C. 36 -1- 10.5 -5 (1) provides that the Common Council shall pass a <br />resolution declaring that it is interested in purchasing the property commonly <br />