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HomeMy WebLinkAbout2003-06-18 Resolution 152C7 Resolution No. 152 A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT AUTHORITY APPROVING THE TRANSFER OF REAL PROPERTY TO THE SOUTH BEND REDEVELOPMENT COMMISSION WHEREAS, the South Bend Redevelopment Authority ("Authority") is the owner of a parcel of real property situated in St. Joseph County, Indiana, described at Exhibit "A" ("Real Property"); and ' WHEREAS, pursuant to Ind. Code § 36-7-14.5-12, the Authority may dispose of real property; and WHEREAS, pursuant to Ind. Code § 36-1-11-8, the Authority may exchange or transfer property with another governmental entity upon terms and conditions agreed upon by the two (2) entities as evidenced by the adoption of substantially identical resolutions of each entity; and WHEREAS, the Authority is desirous of transferring the Real Property to the City of South Bend, for the use and benefit of its Department of Redevelopment so that the property maybe sold for purposes of development. NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT AUTHORITY AS FOLLOWS THAT: 1. The transfer of the Real Property situated in St. Joseph County, Indiana, and generally described at Exhibit "A" to the City of South Bend, for the use and benefit of its Department of Redevelopment shall be, and hereby is, approved. 2. The President and Secretary of the Authority shall be, and hereby are, authorized, respectively, to execute and attest to the execution of a quitclaim deed conveying all of the right, title and interest of the City of South Bend, Indiana in and to the Real Property to the City of South Bend, for the use and benefit of its Department of Redevelopment upon the occurrence of the conditions set forth immediately above. This Resolution shall be in full force and effect upon its adoption. ADOPTED at a meeting of the South Bend Redevelopment Authority held on June 18, 2003, at 1308 County-City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601. SOUTH BEND REDEVELOPMENT AUTHORITY • -~-- arolyn Pfotenha er, Presi ATTEST: Jose ~ arez, Secretary. _ • . r EXHIBIT A THAT PART OF THE NORTHWEST QUARTER OF SECTION 12, TOWNSHIP 37 NORTH, RANGE 2 EAST, PORTAGE TOWNSHIP, CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA WHICH IS DESCRIBED AS: A PORTION OF LOT "A" OF THE "HALL OF FAME REPEAT "RECORDED AS DOCUMENT NO. 9506776 IN THE RECORDS OF THE ST. JOSEPH COUNTY, INDIANA RECORDER'S OFFICE AND BEING MORE PARTICULARLY DESCRIBED AS: BEGINNINGAT THE SOUTHWEST CORNER OF SAID LOT "A"; THENCE CONTINUING N. 00°00-00" E. (REC. N. 00° 11-40" W.) ALONG SAID WEST LINE OF SAID LOT "A", 32.67 FEET; THENCE N. 89° 58-08" E., 72.40 FEET; THENCE S. 00°00-00" W., 32.67 FEET TO THE SOUTH LINE OF SAID LOT "A"; THENCE S. 89°58-08" W. (REC. S. 89° 45-16" W.) ALONG SAID SOUTH LINE, 72.40 FEET. TO THE POINT OF BEGINNING. SUBJECT TO ALL LEGAL HIGHWAYS, EASEMENTS, AND RESTRICTIONS OF RECORD. ^ ~I