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HomeMy WebLinkAboutNo. 0040 approving recommended minimum land disposition prices for Sample Street Project INDIANA R-7BODY STREET pre RESOLUTION NO. 40 ION OF THE SOUTH BEND REDEVELOPMENT COMMISSION, GOVERNING THE CITY OF SOUTH BEND, DEPARTMENT OF REDEVELOPMENT, RECOMMENDED MINIMUM LAND DISPOSITION PRICES FOR SAMPLE INDIANA R -7. , the South Bend Redevelopment Commission has had three (3) independent reuse appraisals for Sample Street Projects land; and the Commission and staff have carefully reviewed these appraisals and found them satisfactory; , THEREFORE, BE IT RESOLVED that the following disposition prices* recommended to the Housing and Home Finance Agency for concurrence: Parcel #1 - 23.74 per sq. ft. #2 - 25.74 per sq. ft. #3 - 75.34 per sq. ft. #4 - 24.74 per sq. ft. #5 - 48.34 per sq. ft. B IT FURTHER RESOLVED that Parcels #1, #2 and #4 be offered at thelabove prices for light industrial reuse and that Parcels #3 and #5 be offered at their respective prices for commercial reuse. es G. 4uis, President outh Bend Redevelopment Commission ATTEST: 0 (CZA'II'IIIF'IItCATZ or IRZ COIRDRNG ®.TE"PE CEIR The undersigned hereby certifies, as follows; (1) rhat he is the duly qualified and acting Secretary of the South Bend Redevelopment Commission, Governing Body of the City of South Bend, Department of Redevelopment, herein called the "Applicant, " and the eeper of the records of the Applicant, including the journal of proceed - ngs of the South Bend Redevelopment Commission, herein called the 'Governing Body "; (2) that the attached resolution is a true and correct copy of the resolution as finally adopted at a meeting of the Governing Body held on the _ ay. of 19—"-, and duly recorded in his office; (3) hat said meeting was duly convened and held in all respects in accord - ce with law and to the extent required by law due and proper notice of uch meeting was given; that a legal quorum was present throughout the eeting, and a legally qufficient number of members of the Governing ody voted in the proper manner and for the adoption of said resolution; d all other requirements and proceedings under law incident to the roper adoption or passage of said resolution, have been duly fulfilled, arried out, and otherwise observed; (4) hat if an impression of the seal has been affixed below, it constitutes e official seal of the Applicant and this certificate is hereby executed der such official seal. If no seal has been affixed below, the Applicant oes not have and is not legally required to have an official seal; (5) 'hat the undersigned is duly authorized to execute this certificate. I N W IT N E S S W H E RE O F the undersigned has hereunto set his hand this (SEAL) ATTEST: day of 19 S cretary South end Red 6velopment Commission