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02-13-14 Redevelopment Commission Meeting
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11/6/2014 1:12:40 PM
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RESOLUTION NO. 3206 <br />A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION <br />RELATED TO ACQUISITION OF PROPERTY <br />WHEREAS, under the authority granted by Indiana Code § 36 -7 -14, et seq. and <br />in furtherance of the Airport Economic Development Area Plan ( "Plan "), the South Bend <br />Redevelopment Commission ( "Commission ") has determined that it is necessary to <br />acquire unencumbered fee simple interest in certain properties located within the area <br />heretofore designated as the Airport Economic Development Area (the "Area ") within <br />the City of South Bend, Indiana (the "City "); and <br />WHEREAS, the Commission has added certain properties to the Acquisition <br />List by amending the Plan and adding those properties to the Area's acquisition list (the <br />"Acquisition Properties "); and <br />WHEREAS, certain Acquisition Properties have been certified to St. Joseph <br />County's March 2014 Commissioner tax sale list, and will be available for purchase at <br />said tax sale or a subsequent tax sale or auditor's sale; and <br />WHEREAS, appraisals of the Acquisition Properties would indicate that an <br />offering price previously established by the Commission for each of the Acquisition <br />Properties (the "Offering Price ") is reasonable and in accordance with § 36- 7- 14- 19(b); <br />and <br />WHEREAS, the Commission now desires to authorize its authorized agents, <br />hired for such purposes, or the staff of the Commission to register for and bid upon any <br />Acquisition Properties offered at Tax Sale provided that such bids not exceed the <br />previously approved Offering Price for each Property; and <br />WHEREAS, the Commission finds that all procedures necessary for <br />authorizing and acquiring the Acquisition Properties has been completed in accordance <br />with Indiana law; <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend <br />Redevelopment Commission that: <br />1. Authorized agents of the Commission and the staff of the Commission are <br />hereby authorized and directed to register for and bid upon each of the Tax Sale <br />Certificates for any appropriate Acquisition Property. <br />2. The Commission's agents and attorneys are hereby authorized and <br />directed to take all steps necessary to accomplish the acquisition of the Properties at Tax <br />Sale provided that such bids not exceed the previously approved Acquisition Price for <br />each Property and that such bids are otherwise made in accordance with this Resolution <br />and in a manner acceptable to the Director of Economic Resources and legal counsel. <br />
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