5174-26 Resolution Approving and Authorizing the Purchase of Real Property Located at 2950 Lathrop Street

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EXHIBIT 1. Board of Public Works Resolution RESOLUTION NO. 22-2026 A RESOLUTION OF THE BOARD OF PUBLIC WORKS OF THE CITY OF SOUTH BEND, INDIANA,REGARDING THE PURCHASE OF REAL PROPERTY LOCATED AT 2950 LATHROP ST.,SOUTH BEND,INDIANA 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 of South Bend, Indiana(the"City") pursuant to I.C. 36-9-6-3; and WHEREAS, the City, acting by and through the Board, may purchase land or structures in accordance with the procedure stated in I.C. 36-1-10.5;and WHEREAS, on June 22, 2026 the South Bend Common Council approved Resolution pursuant to I.C. 36-1-10.5-5(1), and the Board now intends to purchase the real property located at 2950 Lathrop St., South Bend, Indiana, and more particularly described in attached Exhibit A(the"Property"); and WHEREAS, the Board has obtained two (2) appraisals of the fair market value of the Property, attached hereto as Exhibit B, and provided copies of each to the South Bend Common Council in accordance with I.C. 36-1-10.5-5(2); and WHEREAS, the Board believes it is in the best interest of the City and its residents to purchase the Property. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF PUBLIC WORKS OF THE CITY OF SOUTH BEND, INDIANA,AS FOLLOWS: 1. The Board hereby appoints both Ms. Erin Michaels, employee of the Department of Community Investment and Hannah Youngs, Right of Way agent at DLZ, as the Board's authorized representative in pursuing the purchase of the Property and delegates all necessary authority to serve jointly in the Board's place as purchasing agent under I.C. 36-1-10.5. 2. The Board hereby approves and will execute simultaneously with this Resolution the form of purchase agreement attached hereto as Exhibit C.The Board instructs its designees to deliver a signed copy of the purchase agreement to the owner of the Property. 3. The Board acknowledges that its authority to consummate the purchase of the Property, including the authority hereby delegated to the designees, is expressly conditioned upon South Bend Common Council's approval of the purchase in accordance with I.C. 36-1-10.5-5(1). 4. This Resolution shall be in full force and effect upon its adoption. ADOPTED at a meeting of the Board of Public Works of the City of South Bend, Indiana held on _ , at 215 S. Dr. Martin Luther King Jr. Boulevard Suite 300, South Bend, Indiana 46601. 2