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HomeMy WebLinkAbout6D1 Mortgage Release (Burnoski) Redevelopment Commission Agenda Item DATE: April 8, 2021 FROM: Sandra Kennedy, Assistant City Attorney SUBJECT: Release of Mortgage Funding Source* (circle one) River West; River East; South Side; Douglas Road; West Washington; RDC General *Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller, then the authorization of the expenditure of such funds shall be void and of no effect. Purpose of Request: Release of a mortgage for home repairs that has been fully repaid. Specifics: We are requesting the release of a mortgage held by the Department of Redevelopment and executed in November 2001 in the original amount of $2200 at no interest that has been fully satisfied. Mr. Richard Burnoski passed away in 2020, and the Department of Redevelopment received a notice from his estate. We filed a claim against the estate for the amount of the mortgage and received a check on April 1, 2021. INTERNAL USE ONLY: Project ID: PROJ ; Total Amount – New Project Budget Appropriation $_______________; Total Amount – Existing Project Budget Change (increase or decrease) $_______________; Funding Limits: Engineering: $_____________________; Other Prof Serv Amt $_______________; Acquisition of Land/Bldg (circle one) Amt: $___________; Street Const Amt $________________; Building Imp Amt $_________; Sewers Amt $_________; Other (specify) Amt $ ________________ _________________________Pres/V-Pres ATTEST: __________________Secretary Date: ____________________ APPROVED Not Approved SOUTH BEND REDEVELOPMENT COMMISSION MORTGAGE RELEASE THIS CERTIFIES that a Mortgage (the “Mortgage”) by Richard P. Burnoski to and in favor of City of South Bend for the use and benefit of its Department of Redevelopment (“Holder”), dated November 19, 2001 and recorded November 28, 2001 as Instrument No. 0159634 in the Office of the Recorder of St. Joseph County, Indiana, together with any amendments, renewals, extensions, or modifications thereto, has been fully satisfied and such Mortgage is hereby FULLY RELEASED. The South Bend Redevelopment Commission is the governing body of the City of South Bend Department of Redevelopment. The undersigned President and Secretary of the South Bend Redevelopment Commission executing this Mortgage Release on behalf of the Holder certify that they have full power and authority to execute and deliver this Mortgage Release and that all necessary action for making this Mortgage Release has been taken. IN WITNESS WHEREOF, the undersigned has caused this instrument to be executed as of the 8th day of April 2021. SOUTH BEND REDEVELOPMENT COMMISSION By: Marcia I. Jones, President ATTEST: Quentin M. Phillips, Secretary STATE OF INDIANA ) ) SS: ST. JOSEPH COUNTY ) Before me, the undersigned, a Notary Public, in and for said County and State, personally appeared Marcia I. Jones and Quentin M. Phillips, known to me to be the President and Secretary, respectively, of the South Bend Redevelopment Commission and acknowledged their voluntary execution of the foregoing Mortgage Release being authorized so to do. IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my official seal on the 8th day of April 2021. ____________________________________ ________________________, Notary Public Residing in St. Joseph County, Indiana Commission Expires: __________________ I affirm, under the penalties for perjury, that I have taken reasonable care to redact each Social Security number in this document, unless required by law. Sandra L. Kennedy. This instrument was prepared by Sandra L. Kennedy, Assistant City Attorney, 1200 S. County-City Building, 227 W. Jefferson Blvd., South Bend, Indiana 46601.