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• <br />RESOLUTION NO. 2412 <br />A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION <br />RELATED TO ACQUISITION OF PROPERTY IN THE <br />AIRPORT ECONOMIC DEVELOPMENT AREA <br />WHEREAS, lender the authority granted by Indian Code § 367-14, et sed. and <br />in filrtherance of the Airport Economic Development Area Plan ("Plan"), the South Bend <br />Redevelopment Commission ("Commission") has determined that it is necessary to <br />acquire unencumbered fee simple interest in certain properties located within the area <br />heretofore designated as the Airport Economic Development Area (the "Area") within <br />the City of South Bend, Indiana (the "City"), which properties are more particularly <br />described at Exhibit A attached hereto and incorporated herein (the "Properties"); and <br />WHEREAS, on April 21, 2006, the Commission adopted Resolution No. 2232 <br />amending the Plan (previously the Plan for the Sample-Ewing Development Area which <br />has subsequently merged with the Area) and on September 7, 2007, the Commission <br />adopted Resolution No. 2375 amending the Plan adding the Properties to the Area's <br />acquisition list; and <br />WHEREAS, two (2) independent appraisals of the Properties have been <br />obtained in accordance with Indiana Code S 36-714-I9(b), which provide the offering <br />prices described at Exhibit A (the "Offering Price"); and <br />WHEREAS, the Commission now desires to authorize the staff of the <br />Commission to provide and negotiate an offer for the Purchase of the Properties in <br />accordance with Indiana Code ~ 36-7-14-19, which may include the acquisition of an <br />option and the Commission's payment of expenses incidental to the conveyance and <br />determination of the title of the Properties; and <br />WHEREAS, the Commission finds that all procedures necessary for authorizing <br />and acquiring the Properties have been completed in accordance with Indiana law; <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment <br />Commission that: <br />1. The staff of the Commission are hereby authorized and directed to cause a <br />purchase offer to be made in writing to the owner(s) of the Properties as described at <br />Exhibit A at the Offering Price in accordance with Indiana Code ~ 36-7-1419, which <br />offer or process may include the acquisition of an option for the purchase price and the <br />• <br />