6.B.(13) Resolution No. 2495 - Laserfiche WebLink

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RESOLUTION NO. 2=195 A RESOLUTION OF "TIIE SOUTH BEND REDGVELOP~4ENT COM111~11SSION RELATED TO ACQUISITION OF PROPERTY IN THE SOUTH BEND CENTRAL DEVF,LON:~IF,NT AREA ~~'HEREAS, under the authority granted by Indiana Code ~ 36-7-14, r~ sc~y. and in finlherance of the South Bend Central Dc~clopment Arca Plan ("Plane). the South Bcnd Redc~~elopmcnl Commission ("Conunission~) has determined that it is necessary to acquire unencumbered fee simple interest in certain property located ~~~ithin the area herctotbrc designated as the South Bcnd Central Dcrclopment Arca (the "l~rca~~) within the City oC South bend, Indiana (the "Cit~~~), ~rhich property is more particularly dcscribcd al Exhibit A attached hereto and incorporated herein ("Propert~~~): and V1'HERF:AS, on March 28. ?OOK. the Commission adopted Resolution No. ?4dl amending [he Plan and adding the Property to the ~1rca~s acquisition list: and ~~'HGREAS, t~,~~o (?) independent appraisals of the Property ha~~e been obtained in accordance ~~°ith Indiana Code ~ 36-7 14-19(b). ~~~hich prop°idc an offering price of 5161.8?5.(10 (the "Offering Price~~): and ~~`HGREAS, the Commission no~~~ desires to authorize its authorized agents. hired tier such purposes. or the staff of the Commission to pro~~ide and negotiate an offer ibr the Purchase of the Property in accordance ~~~ith Indiana Code ~ 36 7-14-19. which may include relocation costs and the Commissions payment of expenses incidental to the com~cyancc and deter urination of the title of the Property; and ~~'l1EREAS. the Commission rinds that all procedures necessary for authorizing and acquiring the Property hay c been completed in accordance ~~°ith Indiana la~~~: NO~~~, THEREFORE, BE IT RESOLVED b_v the South Bcnd Rcdc~~clopmcnt Commission that: 1 . /\uthorizcd u~~cnts of the Commission and the staff of the Commission arc hereby authorized and directed to cause a pw-chase otter to be made in ~~~°riting to the o~~~ner(s) of the Property as dcscribcd at Exhibit A at the Offering Price (the ~~.A~~cra~~e ncyuisition Price' in Exhibit n) in accordance ~~~ith Indiana Code ~ ~C-7-14-19, ~~~~hicla offer or process may include relocation costs and the payment of expenses incidental to the com~c~~ance and determination of the title of the Property. ?. l~he Commission, agents and attorneys arc hereby authorized and directed to negotiate and prepare documentation necessary to accomplish the acquisition of the Property in accord~mcc «~ith this Resolution and in a form acceptable to legal counsel.