Authorizing the Sale of certain Dwelling Units owned by the Municipal City of South Bend

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r f ORDINANCE NO* e% AN ORDINANCE AUTHORIZING THE SALE OF CERTAIN DREMIBG UNITS OMD BY TEE MD1ICIPAL.CITY OF SOUTH, BEND,.IPDIANA. MfflREASp on the 6th day of Mmy, 1946, the Federal Public Housing. Authority$ as Agency of the Government of the.united.States of.Amerioa., cemveyed to the Municipal City of South Bend Indiana, full right,.title.and intsrest.ia and to one hundred tbirtywfour (134 wits of. movable dwelling aceomodations ;.and WHEREAS, the aforesaid dwelling aocomodations were. placed on land owned by the Bendix. Products. Corporation, the lease to which has since expired and cannot be renewed; and WHRREAS& the Canon Council of the City of South Bend, Indians, has by Resolution adopted.on July 26, IW O provided that any unit of said dwelling a000nmodations which became vacant thereafter shall. remain vacant and not subject to further rental; and TWREAS& 106 units are now vacant and, the remaining. ones. are expected to be vacated in the near future; and WHEREAS, it is to the best interests of the City of South Bend that said vacated units be sold and that the units still 000upled_be sold as -soon as they are vacatede NOW THEREFORE BE IT ORDAINED by the Comma Council of the City of South Bend,, Indiana: Section l• That the Judge of the Circuit Court of St. Joseph_Cenaty, Indiema, be requested to appoint three disinterested fresholders.of the City of South Bend, Indiana, to appraise the.buildings, oommoniy. called %wmble dwelling. aoconmodationse, and located - on Late mambered ninety -one. (91) to one hundred siaty« one (161),both inclusive.1n.Westehester Second Unit,,& subdivision within the City of -South Bend, St• Joseph County, Indiana, which said buildings are new owned by the Manieipal City.of South Bend•. Section 70 That the City of. South Bend sell, assigns transfer, convey and not over by proper instruasnt, In writing, to any purchaser or purchasers thereof the buildings hersimsbove described for not less than the full appraised value thereefi as reported by the appraisers appointed by the Judge of the Circuit. Court of St• Joseph. County,.Indiana,.and subject to such other terns and conditions as,the:Board of Public - Worts. and Safety, of_the_City of South Bend shall detersins, and the Mayor is hereby ordered# directed and authorised to execute and deliver.to such purchaser or purehasers.thersof# upon.t1w payment of the appraised value thereof# &.-good and sufficient instrumen_of.transfer of right# title and interest# and this shall be sufficient authority to hia in said preeisese Section 3e That this ordinance shall be in fall force and.effeet from and after its passage by the _Comnon_Council and its approval by the Heyor• Ist 5. 2nd RUDINS CF MiTE1 OF THE WNp11 PUBLIC HEARN J 3rd READING ON 11 ,�j. �; , PF NOT APPROVED RBfERRED YAS®ED � rx