Approving a Contract Civil City of South Bend Department of Redevelopment Conveyance of two Parcels

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A G P, r L,; ti T This Agreement made and entered into this. 4th day of September, 1970, by and between the Civil City of South Bend and the City of South Bend Department of Pedevolop antt . 131inREA5, the Civil City of South Send owns certain real estato formerly used and occupied by the Water "or"s of the City of South Bend, which under the heading "Parcel 146, occupied by the Civil City of lot, hereinafter described un real estate is hereinafter - described and property formerly used and South Bend as a city hall and parking der the heading "Parcel 2 "; and, WFIBREAS, the City of South Bend has declared t:.at Baia real estate is no longer needed for its purposes; and, I;IIB.REAS, said parcels are included in the Urban Renewal Plan heretofore approved by the Corrzion Council of the City of South Bend as land donations to ba made by the City of Sout:; Lend for non cash credits to the Department of Redevelopmcnt; a=nd, L'dIIEP.BAS, the City of South Bend no%q desires to convey said real est -'41e to the City of South Band Department of Redevelopment and the city is empowered to make such conveyance pursuant to the b_cts of the Indiana General Assembly of 1957, ch. 229 51, as amended, and the Acts of the Indiana General F:sse;nbly of 1905, ch. 129 t53; and, L11BRBAS, the Circuit Court of St. Joseph County, Indiana, has appointed appraisers to appraise said real estate, =: =d said appraisers have submitted to the Court their report of appraiser:a"t appraising the fair market value of said parcels as of the date of the adoption of the declaratory resolution of t.':e City of South Send ar)nroving the Urban P•opewal pla;L for the Central Downtown Project of the City of South Bend, to be for Parcel 1= Parcel 2; $253,008.00 J $10,709.001 and, for