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REGULAR MEETING APRIL 14, 1980 <br />REGULAR MEETING RECONVENED (CONTINUED) <br />NOW, THEREFORE, be it resolved by the Common Council of the City of South Bend, Indiana, <br />as follows: <br />SECTION 1. The Mayor is hereby authorized and directed to execute a Memorandum of Intent <br />by and between the City and the Borrower and the City Clerk is hereby authorized and directed <br />to affix the seal of the City thereto and to attest the same; and said Mayor and C.ty Clerk <br />are hereby authorized and directed to cause said Memorandum of Intent to be delivered to, <br />accepted, and executed by the Borrower, said Memorandum of Intent, which is hereby approved <br />and incorporated by reference and made a part of this authorizing resolution, to be in sub- <br />stantially the form attached hereto. <br />Section 2. This resolution shall be in full force and effect from and after its adoption <br />by the Common Council and approved by the Mayor. <br />/s /Lewis A. McGann <br />Member of the Common Council <br />A public hearing was held on the resolution at this time. Mr. Kenneth Fedder, attorney for the <br />Economic Development Commission, said this bond issue, when approved, would be for the con- <br />struction of a new 20,000 square foot facility to be located at the northwest corner of Douglas <br />and Juniper roads. He said this would be an issue of approximately $1,000.000. Mr. David <br />Wells, 2104 Bloomfield Pl., asked if they were voluntarily annexing. Mr. Fedder indicated <br />that the property would not be annexed as it belonged to the University of Notre Dame. Council <br />Member Serge made a motion to adopt this resolution, seconded by Council Member Szymkowiak. <br />The resolution was adopted by a roll call vote of nine ayes. <br />RESOLUTION NO. 775 -80 <br />A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH <br />BEND AUTHORIZING THE BOARD OF PUBLIC WORKS TO NEGOTIATE <br />THE SALE OF LOT NUMBERED 1126 AS SHOWN ON THE FOURTH PLAT <br />OF SUMMITT PLACE ADDITION TO THE CITY OF SOUTH BEND TO- <br />GETHER WITH THE NORTH HALF OF THE VACATED ALLEY LYING SOUTH <br />OF AND ADJOINING SAID LOT, COMMONLY KNOWN AS 718 S. BENDIX <br />DRIVE. <br />WHEREAS., the Board of Public Works of the City of South Bend, pusurant to the Municipal <br />Code of the City of South Bend, Chapter 14.5 has offered for sale Lot Numbered 1126 as <br />shown on the Fourth Plat of Summitt Place Addition to the City of South Bend, together with <br />the north half of the vacated alley lying south of and adjoining siad lot, commonly known <br />as 718 S. Bendix Drive, at an offering price of $807.00; and <br />WHEREAS, the Board of Public Works of the City of South Bend has now received an offer <br />to purchase the property at 718 S. Bendix Drive for a price of $500.00; and <br />WHEREAS, the Board of Public Works has now complied with all requirements of the <br />Municipal Code of the City of South Bend, Chapter 14.5, which establishes procedures for <br />the disposition of real property owned by the City of South Bend, and more specificially <br />real property valued by the Board at less than $1,000.00. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend that: <br />SECTION I. The Board of Public Works be authorized to negotiate a contract for the <br />sale of <br />Lot Numbered 1126 as shown on the Fourth Plat of Summitt Place Addition <br />to the City of South Bend, together with the north laf of the vacated <br />alley lying south of and adjoining said lot, commonly known as 718 S. <br />Bendix Drive <br />for a total price of $500.00 <br />SECTION II. The resolution shall be in full force and effect from and after its adoption <br />by the Common Council and approval by the Mayor. <br />/s /Lewis A. McGann <br />Member of the Common Council <br />A public hearing was held on the resolution at this time. Mr. Joseph Kernan, City Controller, <br />said he was asking permission of the City Council to negotiate sale of this lot. He said <br />they were recently given permission to sell the lot, but because the price that was being <br />offered is lower than the appraised price, it is necessary to come back before the Council <br />to seek permission for the sale. He said the appraised price was $870 and offer was $500. <br />He said this was recommended for approval by the Board of Public Works. Council Member Serge <br />made a motion to adopt this resolution, seconded by Council Member Dombrowski. The resolution <br />was adopted by a roll call vote of nine ayes. <br />