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HomeMy WebLinkAboutNo. 1322 approving the transfer of real property to the COSB (Lots 7,8,9 on recorded Plat of Frederick J. Thomas' Subdivision)Resolution No. 1322 A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION APPROVING THE TRANSFER OF REAL PROPERTY TO THE CITY OF SOUTH BEND WHEREAS, the real property generally described as follows and situated in St. Joseph County, Indiana, is owned by the City of South Bend, Indiana, for the use and benefit of its Department of Redevelopment: A part of the northeast quarter of Section 11, Township 37 North, Range 2 East, Portage Township, City of South Bend, St. Joseph County, Indiana, described as follows: Lots Numbered 7, 8, and 9 as shown on the recorded Plat of Frederick J. Thomas' Subdivision of the south part of Bank Out Lot Numbered 74 of the First Plat of Out Lots of the Town, now City of South Bend, platted by the State Bank of Indiana, recorded April 27, 1860 in Plat Book 1, page 56 (hereinafter the Real Property); and WHEREAS, the South Bend Redevelopment Commission (the Commission) is the governing body of the City of South Bend, Department of Redevelopment, pursuant to I.C. 36- 7 -14 -3; and WHEREAS, the Commission, is desires to transfer the Real Property to the City of South Bend, Indiana; and WHEREAS, the City of South Bend is desirous of acquiring the Real Property from the Commission; and WHEREAS, pursuant to I.C. 36- 9 -6 -3, the Board of Public Works of the City of South Bend (the "Board ") has custody of and may maintain all real property of the City of South Bend; and WHEREAS, pursuant to I.C. 36- 1 -11 -8, the City of South Bend, acting by and through the Board, may exchange or transfer property with another governmental entity upon terms and conditions agreed upon by the two (2) entities as evidenced by the adoption of substantially identical resolutions of each entity; and WHEREAS, the Redevelopment, acting through the Commission, and pursuant to I.C. 36- 7- 14- 12.2(a)(3), may exchange or transfer property with another governmental entity upon terms and conditions agreed upon Ic'; by the two (2) entities as evidenced by the adoption of substantially identical resolutions of each entity; and WHEREAS, the Commission desires to transfer the Real Property to the City of South Bend, and the City of South Bend, acting by and through the Board, has agreed to accept the transfer of the Real Property from the Commission for the payment of a nominal consideration. NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT COMMISSION AS FOLLOWS: 1. That the transfer of the following described real property situated in St. Joseph County, Indiana by the City of South Bend, Department of Redevelopment, acting by and through the South Bend Redevelopment Commission to the City of South Bend, Indiana: A part of the northeast quarter of Section 11, Township 37 North, Range 2 East, Portage Township, City of South Bend, St. Joseph County, Indiana, described as follows: Lots Numbered 7, 8, and 9 as shown on the recorded Plat of Frederick J. Thomas' Subdivision of the south part of Bank Out Lot Numbered 74 of the First Plat of Out Lots of the Town, now City of South Bend, platted by the State Bank of Indiana, recorded April 27, 1860 in Plat Book 1, page 56 for the sum of One Dollar ($1.00), and subject to the adoption of a resolution by the Board of Public Works of the City of South Bend substantially identical in its terms and conditions to the terms and conditions of this resolution. shall be, and hereby is, approved. 2. That the President and Secretary of the Commission shall be, and hereby are, authorized, respectively, to execute and attest to the execution of a quitclaim deed conveying all its right, title and interest in and to the Real Property to the City of South Bend upon the occurrence of the condition set forth immediately above. 3. That this Resolution shall be in full force and effect upon its adoption by the South Bend Redevelopment Commission. ADOPTED at a meeting of the South Bend Redevelopment Commission held on February 17, 1995, at 1308 County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601. CITY OF SOUTH BEND REDEVELOPMENT COMMI SION By Philip J.Placcenda, President ATTEST: Robert W. Hunt, Secretary