HomeMy WebLinkAboutNo. 0366 authorizing execution of redevelopment agreement(s) for disposition of land, execution of warranty deed(s) for the transfer of title thereto in connection with LaSalle Park Project IND R-57 (Church of God in Christ)RESOLUTION N0. 366
SOLUTION AUTHORIZING ACCEPTANCE OF BIDS FOR LAND AND AUTHOR-
ING THE EXECUTION OF REDEVELOPMENT AGREEMENT(S) FOR DISPOSITION
LAND AND EXECUTION OF WARRANTY DEED(S) FOR THE TRANSFER OF
TLE THERETO IN CONNECTION WITH LAND TO BE DISPOSED OF IN THE
SALLE PARK PROJECT, IND. R -57
WHEREAE., the Church of God in Christ has submitted a written offer meeting the
approved mi imum price on Disposition Parcel commonly referred to as 28 -27 and
28 -28 and has submitted a written offer meeting the approved minimum price on
Disposition Parcel commonly referred to as 28 -27 and 28 -28 in the LaSalle Park
Project, Inc. R -57; and
WHEREA , the South Bend Redevelopment Commission has determined that the
acceptance cf these bids are in accordance with the approved disposal program for
this area; and
WHEREA1.1, the Commission has determined that the redevelopers possess the
qualifications and financial resources necessary to acquire and develop the land
in accordance with the Urban Renewal Plan; and
WHEREAS, the offer of $1,207.00 by the Church of God in Christ is satisfactory
and not less than the offering prices of the Commission for uses in accordance
with the Urban Renewal Plan, which offering prices were submitted to and approved
by the Department of Housing and Urban Development; and
WHEREAS, the Urban Renewal Plan for the area known as LaSalle Park Project,
Ind. R -57, calls for the sale for redevelopment by public or private agencies of
all acquired land 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 i accordance with all applicable Statutes of the State of Indiana and
rules and r ulations of the Federal Statutes governing the sale of Urban Renewal
land, which arcels are described as follows:
PARCEL NUMBER NAME
28 -27 & 28 -28 Church of God in Christ
NOW, T REFORE, BE IT RESOLVED that the South Bend Redevelopment Commission
accepts the ffer of The Church of God in Christ to acquire at.a price of $1,207.00
and redevelo the designated Disposition Parcel 28 -27 and 28 -28.
NOW, THEREFORE, BE IT FURTHER RESOLVED by the South Bend Redevelopment Commission,
Governing Body of the City of South Bend Department of Redevelopment, that the
Executive Director of the Department of Redevelopment is authorized to prepare Rede-
velopment Agreement(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 Secretary of the Commission is hereby authorized to attest said
Agreement(s) and Deed(s).
Adopted at t
on June 18,
227 West Jef
ATTEST:
. Wil
SEAL
ie Regular Meeting of the South Bend Redevelopment Commission held
L971, in the Office of the Commission, Room 1200, County -City Building,
.erson Blvd., South Bend, Indiana 46601.
V. Williams, Secretary
CITY OF SOUTH BEND
DEPARTMENT OF REDEVELOPMENT
Fred J. men, President