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RESOLE"PION NO. 25l 1 <br />A RESOLG'i'ION OF THE SOUTH BEND REDEVELOPMENT COMMISSION <br />RELA"CED TO ACQCIS17~lON OF PROPERTY IN THG <br />AIRPOR"I' ECONOMIC DEVELOPI9ENT AREA <br />W'HGREAS, under the authority granted by Indiana Code ~ ,G-7-14. e[ src~. and <br />in furtherance o1 the Airport Economic De~efopment Area Plan ("Plan), the South Bend <br />Rede~clopment Commission ("Conu»ission'~) has determined that it is necessary to <br />acquire unencumbered fee simple interest in certain property located ~~ithin the area <br />heretofore designated as the F\irport Economic De~~elopu~ent Area (the "/1rea~~) ~~~ithin <br />the City of South Bend. Indiana (the "Cit~~~) ~~~hich property is more particularly <br />dcscribcd at Exhibit A attached hereto and incorporated herein ("Properl~~~~): and <br />WHEREAS, on lure 1 ~. ?00~, the Commission adopted Resolution No. ?455 <br />amending the Pla^ and adding the Property to the ~1rca~s acquisition list and <br />WHEREAS, h~~o (?) independent appraisals of the Property ha~~c been obtained <br />in accordance ~a~ith Indiana Code ~ 36-7-14-19(b), which pro~~ide an offering price of <br />S?S.S50.O0 (the "<)fl~rin~~ Pricc~~): and <br />~~'HEREAS, the Commission no~~° desires to authorize its authorized agents, <br />hired frn such purposes. or the staff of the Commission to provide and negotiate an oficr <br />for the Purchase of the Property in accordance with Indiana Code ~ 36-7-14-19. ~~~hich <br />may include relocation costs and the Commissions pay meat of c~pcnscs incidental to the <br />conrcvnncc and determination of the title of the Property: and <br />~'HEREAS. the Commission finds that all procedures necessary for <br />authorizing and acquiring the Property ha~~e been completed in accordance ~~~ith Indiana <br />la~~~: <br />NO~'~', THEREFORE, BE IT RESOD"EU b} the South Bend <br />Rcde~~clopmcnt Commission that: <br />1 . Authorized a~,ents of the Commission and the staff of the Commission arc <br />hercbv authorized and directed to cause a purchase offer to be made in writing to the <br />o~~°ner(s) of the Property as dcscribcd at Exhibit A at the Offcriug Price (the °n~~era~~c <br />l~cquisition Price~~ in l~.zhibit ~'1) in accordance ~~~ith Indiana Codc ~ ~6-7 14-19. ~~~hich <br />offer or process may include relocation costs and the payment of espcnses incidental to <br />the com~cyance and determination of the title of the Propert}~. <br />?. l~he Commissions a~~cnts and attorneys arc hereb~~ authorized and <br />directed to negotiate and prepare documentation necessary to accomplish the acquisition <br />of the Property in accordance ~~~ith this Resolution and in a form acceptable to Icgal <br />counsel. <br />