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beginning of this description and containing 540.69 square feet (0.0124 acres) <br />subject to all legal highways and easements of record. <br />WHEREAS, the acquisition of the Real Property described above is necessary for South <br />Bend to make improvements for the public safety and convenience in a design of the intersection <br />of Lincohi Way West and Bendix Drive; and <br />WHEREAS, Indiana code 36- 1- 10.5 -5 requires the "purchasing agent" to appoint two <br />appraisers to appraise the fair market value of the Real Property. In the City of South Bend the <br />"purchasing agent" is the Board of Public Works per the definition of IC 36 -1- 10.5 -3. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />1. The South Bend Board of Public Works is authorized and directed to appoint two (2), <br />appraisers to appraise the fair market value of the Real Property. <br />2. The South Bend Board of Public Works shall give a copy of both appraisals to the <br />Common Council. <br />3. The South Bend Board of Public Works may not purchase the Real Property for a <br />price greater than the average of the two appraisals. <br />PRESENTED <br />NOi APPROVED <br />ADOPTED <br />Member, South Bend Common Coun <br />e kv, EC 066�b <br />OCT 2002 <br />I.ORMAJ. DUDA <br />CITY MERt6, 9O. BEND.IN <br />