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HomeMy WebLinkAboutagenda item 2015 0520 rda 03aDepartment of Community Investment Memorandum May 20, 2015 TO: FROM: SUBJECT: Redevelopment Authority David Relos, Economic Resources ~' Resolution No. 194 Authorizing the Transfer of Real Property to the Redevelopment Commission In an ongoing effort to title City owned properties in the name of the correct City entity, staff has identified certain parcels that should be in the Commission's name because they are properties which can be redeveloped. Resolution No. 194 authorizes the transfer of four Authority owned parcels in the old Studebaker Museum block, just to the east of the Cove. Along with two parcels owned by the Board of Public Works, these parcels make up roughly three quarters of this downtown block. At its May 14 meeting, the Commission approved the acceptance of these properties, including the BPW parcels in this block. Once all bodies approve their respective resolutions, deeds will be prepared to complete the transfer. Staff requests approval of Resolution No. 194, to authorize the transfer of these parcels to the Commission. 227 W. JEFFERSON BLVD. SOUTH BEND, IN 46601 I P: 574-235-9371 I FAX: 574-235-9021 I SOUTHBENDIN.GOV ITEM: 3.A. RESOLUTION NO. 194 A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT AUTHORITY AUTHORIZING THE TRANSFER OF REAL PROPERTY TO SOUTH BEND REDEVELOPMENT COMMISSION WHEREAS, the South Bend Redevelopment Authority (the "Authority") exists and operates pursuant to I. C. 3 6-7-14. 5 as a separate body corporate and politic and an instrumentality of the City of South Bend, Indiana (the "City"); and WHEREAS, the Authority owns the real property located in the River West Development Area (the "RWDA") and described in Exhibit A (collectively, the "Property"); and WHEREAS, pursuant to LC. 36-1-11-8, the Authority may transfer or exchange property with another governmental entity upon terms and conditions agreed upon by the two entities as evidenced by the adoption of substantially identical resolutions of each entity; and WHEREAS, the South Bend Redevelopment Commission (the "Commission"), the governing body of the South Bend, Indiana, Department of Redevelopment (the "Department") and of the Redevelopment District of the City of South Bend, Indiana (the "Redevelopment District"), exists and operates under the provisions ofl.C. 36-7-14, as amended from time to time (the "Act") and is a body corporate and politic; and WHEREAS, the Department, by and through the Commission, has presented to the Authority a request for the transfer of the Property to the Commission; and WHEREAS, the Authority desires to transfer the Property to the Commission for use in accordance with the Commission's redevelopment purposes under with the Act; and WHEREAS, the Department, through the Commission, has adopted a resolution consistent with the requirements ofl.C. 36-1-11-8 concerning the transfer of the Property. NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND REDEVELOPMENT AUTHORITY AS FOLLOWS: 1. The transfer of the Property, and all the Authority's interest therein; described in Exhibit A situated in St. Joseph County, Indiana, by the Authority to the Commission, shall be, and hereby is, authorized and approved. 2. The members of the South Bend Redevelopment Authority are authorized, respectively, to execute and attest to the execution of a quit claim deed conveying all the right, title, and interest of the Authority in and to the Property to the Commission. 3. This Resolution shall be in full force and effect upon its adoption. 1 ADOPTED at a meeting of the South Bend Redevelopment Authority held on ______ , 2015, at 227 West Jefferson Boulevard, Room 1308, South Bend, Indiana 46601. ATTEST: SOUTH BEND REDEVELOPMENT AUTHORITY 2 Parcel Key Numbers: 018-3015-056301 018-3015-0578 018-3015-0579 018-3015-0580 EXHIBIT A Description of Property