Loading...
HomeMy WebLinkAboutNo. 1470 related to acquisition of property in the SBCDA (Dennis M. Hartman)RESOLUTION NO. 1470 RESOLUTION RELATED TO ACQUISTION OF PROPERTY IN THE SOUTH BEND CENTRAL DEVELOPMENT AREA WHEREAS, it is deemed necessary by the South Bend Redevelopment Commission, in furtherance of the South Bend Central Development Area Development Plan, to acquire unencumbered fee title to the real estate identified on attachment "A" 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 Executive Director is authorized and directed to cause a notice and offer in writing to be made to the owner(s) identified on Attachment "A" at the indicated price and upon the indicated terms. 2. In the event the owner(s) identified on Attachment A reject the Commission's offer for the property, the Executive Director shall report the same to the Commission, but is not authorized hereby to encourage any counter offer or any other purchase price for the property other than that authorized hereby. Adopted at the Regularly Scheduled Meeting of the South Bend Redevelopment Commission held on October 4, 1996 at 1308 County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601. CITY OF SOUTH BEND DEPARTMENT OF REDEVELOPMENT Paula N. Auburn, President ATTEST: William P. Hojn c Secretary h:resolute /res1470 ATTACHMENT "A" Key # Dennis M. Hartman 18 -5038 -1351 Total purchase price of $40,000, payable in annual installments of $10,000, due November 1, 1996, 1997, 1998 and 1999, subject to annual appropriation of sufficient funds.