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HomeMy WebLinkAboutResolution No. 183 Granting an Electric Utility Easement to Indiana Michigan Power CompanyRESOLUTION NO. 183 A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT AUTHORITY GRANTING AN ELECTRIC UTILITY EASEMENT TO INDIANA MICHIGAN POWER COMPANY WHEREAS, the South Bend Redevelopment Authority (the "Authority") has been created pursuant to Ind. Code § 36 -7 -14.5 (the "Act') as a separate body, corporate and politic, and as an instrumentality of the City of South Bend, Indiana (the "City ") to finance local public improvements for lease to the South Bend Redevelopment Commission (the "Commission ") on behalf of the City of South Bend, Indiana, Department of Redevelopment; and WHEREAS, the Authority holds title to certain properties within the Blackthorn Office Park, including the lot commonly referred to as Lot 7A of the Blackthorn Office Park; and WHEREAS, the Authority desires to authorize the grant of an electric utility easement over and across said lot in favor of INDIANA MICHIGAN POWER COMPANY as set forth in the "EASEMENT & RIGHT OF WAY" attached hereto and incorporated herein. NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT AUTHORITY AS FOLLOWS: 1. The authority hereby grants and conveys an easement to INDIANA MICHIGAN POWER COMPANY in the form of the "EASEMENT & RIGHT OF WAY" attached hereto and authorizes the officers of the Authority to execute such documents, including the "EASEMENT & RIGHT OF WAY" attached hereto, as may be necessary to complete the granting and conveyance of said easement. 2. This Resolution shall be in full force and effect after its adoption. ADOPTED at a meeting of the South Bend Redevelopment Authority held on May 1, 2013 at 227 West Jefferson Boulevard, South Bend, Indiana 46601. ATTEST: C7:�D Jose Alvarez, Secretazy SOUTH BEND REDEVELOPMENT AUTHORITY Carolyn Pfoten auer, \U-President