HomeMy WebLinkAboutNo. 0082 approving the proposed disposition and minimum price for certain parcels of real estate in the Sample Street Project INDIANA R-7 Area by advertising and soliciting written bidsBODY OF
APPROVI
RESOLUTION NO. 82
CON OF THE SOUTH BEND REDEVELOPMENT COMMISSION GOVERNING
THE CITY OF SOUTH BEND, DEPARTMENT OF REDEVELOPMENT
JG THE PROPOSED DISPOSITION AND MINIMUM PRICE FOR CERTAIN
OF REAL ESTATE IN THE SAMPLE STREET PROJECT, INDIANA R -7
ADVERTISING AND SOLICITING WRITTEN BIDS.
WHEREAS, ,and consii�ing the Disposition Parcel No. 1 (South Portion)
and Parcel Nos. 2, 3, 4, 5, 7- 8 &.9of the Sample Street Project No.
Indiana R-7 has been acquired for the use and benefit of its Depart-
ment of Redevelopment; and
WHEREAS, the South Bend Redevelopment Commission is of the opinion
that this land should be offered for sale as promptly as possible
subject to the requirements of the Redevelopment Plan; and
WHEREAS, the South Bend Redevelopment Commission is of the opinion
that proposed sale at this time would be both timely and to the
best interests of the Community;
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment
Commissio as follows:
(a) That the proposed real estate of-red for sale is fully described
in the Offering Sheet, which Offering Sheet is ordered attached
hereto as Exhibit "A" and made a part of this resolution. The
real estate to be sold at this time should be the real estate
known as the south portionof Parcel No. 1, and Parcels 2, 3, 4,
5, 7..8.,& 9 as shown on the map prepared by the Chas. W. Cole &
Son, Engineers, which map is ordered attached to this resolu-
tion and marked Exhibit "B ".
(b) That the real estate be disposed in accordance with Section
48 -8 59, Burns Annotated Indiana Statutes which provides in
substance the tract of land will be advertised at least one
time in two newspapers of general circulation in South Bend,
Indiana. Specifically the date of publication is June 19, 1964.
Written bids are to be publicly opened and announced at a regular
meeting of the Redevelopment Commission to be held on August 20,
1964 at 10:30 A.M., E.S.T. at the office of the South Bend
Rede elopment Commission at 129 W. Colfax Avenue in South Bend,
Indi na. That in all respects the proposed disposal procedure
foll w the Statutes of the State of Indiana.
(c) That
than
pric(
acco3
aver<
said
the proposed minimum disposal price shall be not less
as indicated on the Disposition Map, Exhibit "B ", which
is not less than the fair value of the land for use in
dance with the Urban Renewal Plan and is equal to the
,ge of the three appraisals made of the fair value of
land.
-1-
RESOLUTION1
(d) That
NO. E2 - Continued
disposition of this land be made by public auction.
Adopted at the regular meeting of the South Bend Redevelopment
Commission held on May 21, 1964, at the office of the Commission,
129 W. Col ax Avenue, South Bend, Indiana.
CITY OF SOUTH BEND
DEPARTMENT OF REDEVELOPMENT
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P e ident
South Bend Redevelopment Commission
ATTEST:
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