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Resolution No. 2497 <br />A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION <br />ACCEPTING THE TRANSFER OF REAL PROPERTY <br />FROM THE SOUTH BEND REDEVELOPMENT AUTHORITY <br />WHF.RLAS, the South Bend Redevelopment Authority (the "Authority") is the owner of a <br />parcel of real property ("Real Property") situated in St. Joseph County, Indiana, more particularly <br />described at Exhibit `A "attached hereto and incorporated herein; and <br />WHEREAS, the South Bend Redevelopment Commission ("Commission") is the Lessee of <br />the Real Property pursuant to that certain Lease Betmeen South Bend Redevelopment Authority and <br />Soieth Bend Redevelopment Commission, dated November 1, 1993 and recorded in the Office of the <br />Recorder of St. Joseph County, Indiana on December 14, 1993 as InstrumcntNo. 9~ 51906 ("Lease"); <br />and <br />WHEREAS, pursuant to LC. 36-7-14.5-12, the Authority may dispose of real property; and <br />WHEREAS, the Authority desires to transfer the Real Property to the City of South Bend, for <br />the use and benefit of its Department of Redevelopment in order that it be sold and developed; and <br />WHEREAS, the City of South Bcnd, Department of Redevelopment, acting by and through <br />its governing body, the South Bend Redevelopment Commission desires to acquire the Real Property <br />Isom the Authority; and <br />WIIEREAS, pursuant to LC. 36-1-11-8, the Authority may exchange or transfer property <br />with another governmental entity upon terms and conditions agreed upon by the two (2) entities as <br />evidenced by the adoption of substantially identical resolutions of each entity; and <br />WHEREAS, the Authority, at its meeting of August 20, 2008 adopted its Resolution I~[o. 171, <br />approving the transfer of the Real Property to the City of South Bend, for the use and benefit of its <br />Department of Redevelopment. <br />NOW, THEREFORE, F3E 1'T RESOLVED BY TI IE SOUTH BEND REDEVELOPMENT <br />COMMISSION AS FOLLOWS: <br />The transler of the Real Property situated in St. Joseph County, Indiana, and <br />described on the attached Exhibit "A ", by the South Bend Redevelopment Authority <br />to the City of South Fiend, for the use and benefit of its Department of <br />Redevclopmcnt, shall be, and hereby is, accepted. <br />2. The Director of Redevelopment for the City of South Bend shall cause the recording <br />of the quitclaim deed conveying all of the right, title and interest of the South Bend <br />Redevelopment Authority in and to the Rcal Property to the City of South Fiend, for <br />the use and benctlt of its Department of Redevclopmcnt. <br />C AUocumcnts and Scilings\jhullingVLocal Scl~ingsCCempAX Pgrpwise\Res PropertyTransfer'roSBKGRLIProjectdoc <br />