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HomeMy WebLinkAbout6.B.(3) Resolution No. 26536 66) SOUTH B Community & Economic Development',' ^,a 1865 -- 1200 County -City Building, 227 West Jefferson, South Bend, Indiana 46601 -1830 Phone 574/235 -9371 Fax 574/235 -9021 To: Redevelopment Commission From: David Relos, Economic Development Planner Subject: Resolution No. 2653 Tax Sale Properties — Addendum to Master Agency Agreement Date: February 19, 2010 On January 15, 2010, the Commission authorized staff to begin the statutory process of adding parcels to the Airport Economic Development Area. During this process, staff has uncovered 24 parcels that are within this Area that are listed for bid at the County Commissioner's tax sale. In addition to these 24 parcels, there is also one parcel in the South Bend Central Development Area staff feels would be important to acquire for future parking needs. This last parcel is before the Commission today to begin the statutory process to add it to the SBCDA's acquisition list. Staff believes buying these parcels from the tax sale would allow for much lower costs in the acquisition process, thereby saving money in the long run by gaining control of these properties now. Since these properties are not yet on the acquisition list, staff is asking for an addendum to the Master Agency Agreement between the Commission and the Board of Public Works, to allow the Board to purchase these parcels on the Commission's behalf. The Commission would then purchase these properties from the Board once the Area's plan is amended to allow for the acquisition. Staff is currently researching funding sources for these purchases, and this agreement would move forward only if funding is secured. Staff requests approval of Resolution No. 2653, to allow the Board to register and bid on these properties, in a not to exceed total cost of $200,000. What We Do Today Makes A Difference! RESOLUTION NO. 2653 RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION APPROVING AND AUTHORIZING THE EXECUTION OF AN ADDENDUM TO THE MASTER AGENCY AGREEMENT (Tax Sale Certificate Purchases) WHEREAS, effective January 1, 2010, the South Bend Department of Redevelopment, acting by and through its Redevelopment Commission (the "Commission ") and the South Bend Board of Public Works (the "BPW ") entered into a Master Agency Agreement which authorized the BPW to act as agent for and on behalf of the Commission for certain projects during 2010; and WHEREAS, pursuant to the Master Agency Agreement, the Commission desires to add the Tax Sale Certificate Purchases Project to the Master Agency Agreement by way of this Addendum. NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: Section 1. The Commission hereby approves the Addendum to Master Agency Agreement (Tax Sale Certificate Purchases Project) and hereby authorizes its execution in substantially the form attached hereto with such changes as the Commission may deem necessary or appropriate upon the advice of counsel, said execution thereof to be conclusive evidence of the Commission's approval of such changes. The Clerk is hereby directed to file a copy of the Addendum with the BPW. Section 2. This Resolution shall be in full force and effect after its adoption by the Commission. ADOPTED at a meeting of the South Bend Redevelopment Commission held on February 19, 2010, at 10:00 a.m., in Room 1308, County -City Building, South Bend, Indiana 46601. CITY OF SOUTH BEND, DEPARTMENT OF REDEVELOPMENT Marcia I. Jones, President South Bend Redevelopment Commission ATTEST: Nancy King, Secretary South Bend Redevelopment Commission ADDENDUM TO MASTER AGENCY AGREEMENT (Tax Sale Certificate Purchases) This Addendum to Master Agency Agreement (this "Addendum "), made and entered into as of the 22nd day of February, 2010, by and between the South Bend Department of Redevelopment, acting by and through its Redevelopment Commission (the "Commission ") and the City of South Bend, Indiana, a municipal corporation duly organized and existing pursuant to the laws of the State of Indiana, acting by and through its Board of Public Works (the "BPW ") for purposes of the Commission designating the BPW to act as the Commission's agent to undertake the Tax Sale Certificate Project Project (the "Project ") WHEREAS, effective January 1, 2010, the Commission and the BPW entered into a Master Agency Agreement which authorized the BPW to act as agent for and on behalf of the Commission for certain projects during 2010; and WHEREAS, pursuant to the Master Agency Agreement, the Commission desires to add the Tax Sale Certificate Purchases Project to the Master Agency Agreement by way of this Addendum. NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, and for other good and valuable consideration, the receipt of which is hereby acknowledged, the BPW and the Commission agree as follows: The Commission hereby empowers and appoints the BPW, pursuant to the Master Agency Agreement, to act as the Commission's agent for the limited purpose of contracting for and managing the completion of the Project, the scope of said Project being more specifically described in "Exhibit A ", attached hereto and made a part hereof. 2. All of the terms and conditions of the Master Agency Agreement shall control this appointment and this Addendum shall be attached to the Master Agency Agreement. IN WITNESS WHEREOF, the undersigned execute this Addendum to Master Agency Agreement to be effective as of the date first written above. CITY OF SOUTH BEND, DEPARTMENT OF REDEVELOPMENT Marcia I. Jones, President South Bend Redevelopment Commission ATTEST: Nancy King, Secretary South Bend Redevelopment Commission CITY OF SOUTH BEND, INDIANA BOARD OF PUBLIC WORKS Gary Gilot, President Carl Littrell, Member Don Inks, Member ATTEST: Linda Martin, Clerk Exhibit "A" Tax Sale Certificates to be Purchased V O O O O (o 0 0 0 0 0 CO O O r V 0 C) r CJ (n oo C O O O O (D (n 0 0 CO O O (D �- (D O (D O O N M O M- CO O (n u7 (n LO N W U) Lo r Lo O M Lo Lo O co co (n O 0) W C) CO M N N N r M N N O N N Co 0 (O N O V O N V r r M M a) O) O m M r 6) (!) 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