HomeMy WebLinkAboutApproving the sale of Morse Electric CompanyRESOLUTION
NO. 590 -77
Passed by the Common Council of the City of South Bend, Indiana,
October 11 1977
Attest: City Clerk
Attest: // i�/1 ^ % President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
October_ 12 19 77
City Clerk
Approved and signed by me (Y e ��� • /.�. 19_.
--�e
Mayor
COMMON COUNCIL OF THE CITY OF SOUTH BEND
RESOLUTION NO. 5j� - J 7
WHEREAS, the Board of Public Works of the City of South Bend, pursuant
to Chapter 14.5 of the Municipal Code of the City of South Bend,
adopted Resolution No. 5, 1977 on April 4, 1977, authorizing the sale
of certain parcels of real estate owned by the City, which are no
longer necessary to the public use and are not set aside by State or
City law for public purposes, to -wit:
Two parcels of land on Niles Avenue, Deed Numbers
south of Corby Street (old Street 240 and 263
Department Garage property)
and
WHEREAS, the Common Council of the City of South Bend, by action at
its' regular meeting on May 23, 1977, approved the sale of the parcels
of real estate; and
WHEREAS, the Board of Public Works, following appraisal of the property,
established an offering price of $65,025.00 for the property; and
WHEREAS, the Board of Public Works offered the above - listed property
for sale by legal advertising placed in the South Bend Tribune and the
Tri- County News on July 1 and July 8, 1977, with sealed bids to be
delivered to the Board on July 25, 1977; and
WHEREAS, on July 25, 1977, at a regular meeting, the Board received
one sealed bid which was publicly opened and read and which contained
an offer from the Morse Electric Company, Inc. of 566,000.00 for the
above - listed property; and
WHEREAS, the Board of Public Works did, on August 22, 1977, accept the
bid of the Morse Electric Company, Inc. for the above - listed property.
NOW, THEREFORE, BE IT RESOLVED that the Common Council of the City
of South Bend approves the sale of the property herein described to
the Morse Electric Company, Inc. for a total purchase price of $66,000.00.
PRESENTED lo-10- 7 7
NOT APPROVED
ADOPTED lo-11-27
M m er the Common Council
I signed only to provide an
opportunity for public discussion
and Council action on the issue.
_3 IN CLERK'S OFFICE
nT
5 1977.
Irene Gammon
BEND. !ND,,