HomeMy WebLinkAboutNo. 1948 relating to the acquisition of real property in the SBCDA (1st Source Bank as Trustee, 416 S. Main)(bow RESOLUTION NO. 1948
A RESOLUTION RELATING TO THE ACQUISITION OF
REAL PROPERTY IN THE SOUTH BEND CENTRAL DEVELOPMENT AREA
WHEREAS, it is deemed necessary and desirable by the South Bend
Redevelopment Commission [ "Commission "], in furtherance of the South Bend Central
Development Area Development Plan, to acquire unencumbered fee title to the real
property identified at Attachment "A," hereto [ "Parcel "], which Parcel is located in the
South Bend Central Development Area in the City of South Bend, Indiana.
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment
Commission as follows:
The Director is authorized, at his discretion, to cause a notice and written offer to be
made to the owner(s) of the Parcel, to purchase the Parcel, or a portion thereof, under
the following conditions:
1. The offering price shall be $105,000
2. The payment shall be made at closing, no later than February 15, 2003
and will be in the amount not to exceed $105,000
Adopted at the regular meeting of the South Bend Redevelopment Commission held on
January 17, 2003 at 1308 County -City Building, 227 West Jefferson Boulevard, South
Bend, Indiana 46601.
CITY OF SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
South Bend Redevelopment Commission
ATTEST:
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Parcel Key No.
416 S. Main St 18- 3016 - 058702
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RESOLUTION NO. 1948
ATTACHMENT "A"
Owner
1st. Source Bank as Trustee
Commission Authorized
Offering Price
$105,000