6.C.(5) Resolution No. 2509 - Laserfiche WebLink

Home Browse Search

/ \ ~. ~ S ) RESOLD"PION NO. 2509 A RESOLCTIO~~ OF "hHE SOUTH [3E1\D RGDEFELOPMF,'VT COMMISS1O1V~ RELATED TO ACQUIS1T1O~~ OF PROPER"TY [~~ "1'HE AIRPORT ECONOMIC DE~'ELOPIIENT AREA ~~'HERGAS, under the authority granted by Indiana Cock ~ i6-7-14. e~ seq. and in fwtherance of the Airport Economic De~clopment Area Plan ("Plane). the South Bend Rede~clopment Commission ("Commission") has determined that it is necessarv to acquire unencumbered fee simple interest in certain property located within the area heretofore designated as the Airport Economic De~clopment Area (the `Arca~~) within the City of South Bcnd. Indiana (the ~~Cit~~~~). ~~-hich property is more particularly described at Exhibit .~ attached hereto and incorporated herein ("Propert~~~~): and Vb'HEREAS, on June 13. 200H, the Commission adopted Resolution '~o. ?455 amending the Plan and adding the Propca~ty to the Areas acquisition list: and V1%llEREAS, ri~o (2) independent appraisals of the Property ha~~e been obtained in accordance with ]ndiana Code ~ ~6-7-14-19(b). which provide an offering price of S3;.5UO.OU (lhc "Oi~icrin~~ Price~~): and Vb'1[GREAS, the Commission no~~~ desires to authorize its authorized agents, hired tier such purposes. or the staff of the Commission to pro~~ide and negotiate an otter for the Purchase of the Property in accordance with Indiana Codc ~ 36-7-14 19. ~~-hich may include relocation costs and the Conunission~s payment of expenses incidental to the comevance mid determination ofthe title ofthe Property: and WHEREAS, the Conunissio^ tinds that all procalmes necessarv t~>r authorizing and acquirin~a the Property ha~~c been completed in accordance ~~~ith Indiana law: NO~~, THEREFORE, 6E IT RESOLVED by the South Bcnd Rcde~~elopment Commission that: I . Authorized agents of the Commission and the staff of the Commission arc hereby authorized and directed to cause a pw~chase oflcr to be made in ~i~riting to the ow~ncr(s) of the Property a described at Exhibit A at the Ofifcrin<~ Price (the -'A~crage Acquisition Price~~ in I~:xhihit A) in accordance ~~ ith lndiana Code ~ 36 7 14 19. ~~~hich offer or process may include relocation costs and the payment of espalses incidental to the eon~cyance and determination oCthe title of the Property. ?. The Commission's aacnts and attorneys are hercbv authorized and directed to ne~uotiate and prepare documentation necessarv to accomplish the acquisition of the Property- in accordance ~~ith this Resolution and in a i~~rm acceptable to Icgul counsel.