HomeMy WebLinkAboutNo. 0397 authorizing acceptance of bids for land, authorizing the execution of development agreement(s) for disposition of land, execution of warranty deed(s) for transfer to title thereto in connection with LaSalle Park Project, IND R-57 (Hesiben)RESOLUTION NO. 397
RESOLUTION AUTHORIZING ACCEPTANCE OF BIDS FOR LAND AND
AUTHORIZING THE EXECUTION OF DEVELOPMENT AGREEMENT (S)
FOR DISPOSITION OF LAND AND EXECUTION OF WARRANTY DEED (S)
FOR THE TRANSFER OF TITLE THERETO IN CONNECTION WITH LAND
TO BE DISPOSED OF IN THE LASALLE PARK PROJECT, IND. R -57.
WHEREAS, Orntrue S. Hesiben has submitted a written offer meeting
the approved minimum price on Disposition Parcel commonly referred to as 22 -41
and has submitted a written offer meeting the approved minimum price on
Disposition Parcel commonly referred to as 22 -41 in the LaSalle Park Project,
Ind. R -57; an
WHEREAS, the South Bend Redevelopment Commission has determined that the
acceptance of these bids are in accordance with the approved disposal program for
this area; an
WHEREAS, the Commission has determined that the redevelopers possess the
qualification and financial resources necessary to acquire and develop the land
in accordance with the Urban Renewal Plan; and
WHEREAS, the offer of $402.00 by the Orntrue S. Hesiben, is satisfactory
and not less han the offering prices of the Commission for uses in accordance
with the Urba Renewal Plan, which offering prices were submitted to and approved
by the Depart ent of Housing and Urban Development; and
WHEREAS, the Urban Renewal Plan for the area known as LaSalle Park Project,
Ind. R -57, ca is for the sale for redevelopment by public or private agencies of
all acquired and in accordance with the provisions of said plan; and
WHEREAS, the following redevelopers have submitted proposals to redevelop
certain parcels within the LaSalle Park Project and that said proposals have been
processed in accordance with all applicable Statutes of the State of Indiana and
rules and reg lations of the Federal Statutes governing the sale of Urban Renewal
land, which parcels are described as follows:
PARCEL NUMBER NAME
22 -41 Orntrue S. Hesiben
NOW, THEREFORE, BE IT RESOLVED that the South Bend Redevelopment Commission
accepts the offer of Orntrue S. Hesiben, to acquire at a price of $402.00 and
redevelop the designated Disposition Parcel 22 -41.
NOW, THE EFORE, BE IT FURTHER RESOLVED by the South Bend Redevelopment Commission,
Governing Bodl of the City of South Bend Department of Redevelopment, that the
Executive Dir ctor of the Department of Redevelopment is authorized to prepare Rede-
velopment Agr ement(s) and Warranty Deed(s) for the purpose of conveying said real
estate to the proposed redevelopers above described.
BE IT FURTHER RESOLVED that the President of the South Bend Redevelopment
Commission is authorized to execute said Redevelopment Agreement(s) and Warranty
Deed(s) and that the Assistant Secretary of the Commission is hereby authorized
to attest said Agreement and Deed(s).
Adopted a
on April
Building,
ATTEST:
1 \G V .
SEAL
: the Regular Meeting of the South Bend Redevelopment Commission held
.1, 1972, in the Office of the Commission, Room 1200, County -City
227 West Jefferson Blvd., South Bend, Indiana 46601.
CITY OF SOUTH BEND
DEPARTMENT OF REDEVELOPMENT
4 r J. men, President
iie v.
ams, Secretary