HomeMy WebLinkAboutNo. 0326 establishing the recommended minimum disposition price and fair market value for land in the LaSalle Park Project IND R-57WHEREAS,
the Urbar
the Urbar
the City
January,
RESOLUTION NO. 326
RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION, GOVERNING
BODY OF THE CITY OF SOUTH BEND, DEPARTMENT OF REDEVELOPMENT ES-
TABLISHING THE RECOMMENDED MINIMUM DISPOSITION PRICE AND FAIR
MARKET VALUE FOR LAND IN THE LASALLE PARK PROJECT, IND. R -57
the City of South Bend, Department of Redevelopment is carrying out
Renewal for an area known as the LaSalle Park Project pursuant to
Renewal Plan for Project No. Ind. R -57 adopted by the Council of
of South Bend, Indiana by Resolution No. 127 -66 on the 24th day of
1966; and
WHEREAS, the Urban Renewal Plan calls for the sale for redevelopment by public
or priva e agencies of all acquired land in accordance with the provisions of
said Pla and
WHEREAS, the South Bend Redevelopment Commission has determined that it is now
necessar to establish the minimum disposition prices which will be acceptable
for the land to be so disposed of in the LaSalle Park Project in accordance with
the Urbar Renewal Plan; and
WHEREAS, a schedule of the land to be sold and the recommended minimum price
indicated thereon has been compiled in accordance with all applicable Statutes
of the State of Indiana and rules and regulations and Federal Statutes governing
the sale of Urban Renewal land which said schedule is hereby incorporated by
reference in total;
NOW THEREFORE, the South Bend Redevelopment Commission determines that the
prices for the parcels listed in the disposition schedule mentioned above are
the minimum acceptable price for said land for disposition in accordance with
the Urban Renewal Plan; and
FURTHER, determines that said prices are not less than the fair market value
for said land; and
FURTHER, the South Bend Redevelopment Commission authorizes the Executive
Director to use said prices in the disposition of said land.
Adopted at the Regular Meeting of the South Bend Redevelopment Commission
held in the Office of the Commission, 1200 County -City Building, South Bend,
Indiana 46601 on the 20th day of November, 1970.
Pre r ent, Dean J. Wilhelm
Attest:
ecretary, Rev. Willie V. Williams
SEAL