HomeMy WebLinkAboutNo. 2528 SBRC setting procedures for contracts for property related services (Meridian Title, title service)r�
RESOLUTION NO. 2528
A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION
SETTING PROCEDURES FOR CONTRACTS FOR PROPERTY RELATED
SERVICES
WHEREAS, I.C. 36 -7 -14 -12.2 provides that the Redevelopment Commission
may acquire, hold, use, sell, exchange, lease, rent or otherwise dispose of property for the
purposes set forth and described in I.C. 36 -7 -14; and
WHEREAS, the Commissioners have the authority under I.C. 36- 7- 14 -8(c) to
adopt such rules and by -laws as they consider necessary for the proper conduct of their
proceedings and the carrying out of their duties and the safeguarding of money and
property placed in their custody; and
WHEREAS, the Commission enters into contracts, from time to time, with title
companies, appraisers, surveyors, and environmental contractors so as to better
understand the state of title and condition of real estate in which it has a current or
prospective interest to assist it in accomplishing its duties; and
WHEREAS, the Commission wishes to delegate to the staff of the
Redevelopment Commission the authority to originate certain contracts with title
companies, appraisers, surveyors, and environmental contractors subject to specific
conditions and limitations, and subject to ratification by the Commission.
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment
Commission as follows:
The following Staff members of the South Bend Redevelopment
Commission be and hereby are authorized to initiate contracts under this
Resolution for services on behalf of the Commission:
a. Don Inks;
b. William Schalliol; and
C. Jennifer Laurent.
2. All contracts originated by Staff must be related to property in which the
Commission has expressed an interest in acquiring, which the Commission
owns, or which the Commission intends to sell, use, exchange, lease or
otherwise engage in disposition.
3. All such contracts must be approved by the Redevelopment Director.
4. The contract for services must be made with one of the service providers
on the Redevelopment Director's list of approved service providers, as
amended from time to time.
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All such contracts for services originated by staff must not exceed the
following fee schedule:
SERVICE
Title Searches and Polices
Appraisals (Commercial /Industrial)
Appraisals (Residential)
Land Surveys
Environmental Phase I Surveys
MAXIMUM FEE
$ 200.00 per search
$ 3,500.00 per appraisal
$ 1,000.00 per appraisal
$.2,500.00 per survey
$ 3,500.00 per survey
6. All such contracts initiated by Staff must be reported to the Commission at
its next meeting after initiation of such contract in the format attached to
this Resolution as "Exhibit A ".
7. The authority granted under this Resolution expires on December 31,
2009.
Approved this 19th day of December , 2008, at the
rescheduled regular meeting of the South Bend Redevelopment Commission.
ATTEST:
- " z 0
7
Nancy N. K' g, Secret ry
SOUTH BEND REDEVELOPMENT COMMISSION
I
Marcia I. Jones, Pre ent
s
Exhibit A
SOUTH BEND REDEVELOPMENT COMMISSION
Property
Description
Commission Role
in Transaction
Contractor
Service
Provided
Contract
Amount
Staff Member
118 N. Main
Potential
acquisition
Meridian Title
Title Services
$100.00
Jennifer Laurent