Expressing its Interest in Selling the Property Located Adjacent to the Organic Resources Plant

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RESOLUTION NO. 7 1 5 1 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA EXPRESSING ITS INTEREST IN SELLING THE PROPERTY LOCATED ADJACENT TO THE ORGANIC RESOURCES PLANT WHEREAS, the City of South Bend, Indiana desires to sell real property which forms part of the Organic Resources facility and is located along the south side of Old Cleveland Road between the Organic Resources facility and the South Bend Regional Airport with a real property address of 22740 West Cleveland Road in the City of South Bend; and WHEREAS, this parcel is a 15.18 acre tract and three acres are deemed buildable upon survey and environmental study while 12 acres are nonbuildable upon survey and environmental study; and WHEREAS, pursuant to I.C. 36- 1 -11 -1 et seq., the City has had two appraisals of the property performed and in accordance with I.C. 5 -3 -1 has conducted a hearing to receive bids on the property; and WHEREAS, the City received one bid equal to at least 90% of the appraised value of the land and the City has accepted the bid as being sufficient; and WHEREAS, the Mayor of the City of South Bend has given his approval for the sale of the land consistent with I.C. 36- 1- 11- 3(b)(1). NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana as follows: Section I. The Director of Public Works and the Board of Public Works for the City of South Bend are hereby authorized to enter into a contract for the sale of the land referred to above. Section II. Copies of the appraisals are being made available for public inspection by providing copies of the same to the South Bend Common Council. Section III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. PRESENTED t Z-`0 ^oo NOT APPROVED ADOPTED t? --k b -0a G W Member, South Bend CommQn C ncil i [DE'r- 0'-1 2000