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,,, ~. <br />Resolution No. ~~ <br />A RESOLUTION OF THE SOIITH BEND REDEVELOPMENT AUTHORITY <br />APPROVING THE TRANSFER OF REAL PROPERTY <br />TO THE SOUTH BEND REDEVELOPMENT CONIl~lISSION <br />WHEREAS, the South Bend Redevelopment Authority ("Authority) <br />is the owner of a parcel of real property situated in St. Joseph <br />County, Indiana, described at Exhibit A ("Real Property"); and <br />WHEREAS, pursuant to I.C. 36-7-14.5-12, the Authority may <br />dispose of real property; and <br />WHEREAS, Pursuant to I.C. 36-1-11-8, the Authority may <br />exchange or transfer property with another governmental entity upon <br />terms and conditions agreed upon by the two (2) entities as <br />evidenced by the adoption of substantially identical resolutions of <br />each entity; and <br />WHEREAS, the. Authority is desirous of transferring the Real <br />Property to the City of South Bend, for the use and benefit of its <br />Department of Redevelopment so that the property may be sold for <br />purposes of development. <br />. NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND <br />REDEVELOPMENT AUTHORITY AS FOLLOWS: <br />1. That the transfer of the Real Property situated in St. <br />Joseph County, Indiana, and generally described at Exhibit A to the <br />City of South Bend, for the use and benefit of its Department of <br />Redevelopment for the sum of One Dollar ($1.00) shall be, and <br />hereby is, approved. <br />2. That the President and Secretary of the Authority shall <br />be, and hereby are, authorized, respectively, to execute and attest <br />to the execution of a quitclaim deed conveying all of the right, <br />title and interest of .the City of South Bend, Indiana in and to the <br />Real Property to the City of South Bend, for the use and benefit of <br />its Department of Redevelopment upon the occurrence of the <br />conditions set forth immediately above. <br />3. That this Resolution shall be in full force and effect <br />upon its adoption. <br />ADOPTED at a meeting of the South Bend Redevelopment Authority <br />held on November 14, 1997, at 1308 County-City Building, 227 West <br />Jefferson Boulevard, South Bend, Indiana 46601. <br />• <br />ATTEST: <br /> <br />SOUTH BEND REDEVELOPMENT AUTHORITY <br />~~~~/~ <br />Andre Gammage, P esident <br />• <br />