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HomeMy Public PortalAbout010-2006 - authorizing transfer of property to RPL-JohnsonBOARD OF PUBLIC WORKS AND SAFETY OF THE CITY OF RICHMOND, INDIANA RESOLUTION NO. 10 -2006 A RESOLUTION AUTHORIZING THE TRANSFER OF LAND WHEREAS, The Board of Public Works and Safety of Richmond, Richmond, Indiana ( "Board ") is the disposing agent for real property owned and to be transferred or acquired by the City of Richmond, Indiana ( "City ") pursuant to the provisions of Indiana Code (IC) 36 -1 -11, et. Seq. (the "Act'); and WHEREAS, The City of Richmond, Indiana, is the owner of certain real estate known as the RP &L Johnson Street Sub - Station, and wishes to transfer such real estate to Richmond Power and Light (RP &L), said real estate being approximately 6.785 acres, more or less, and said real estate is described in the Exhibit A, which is attached hereto and incorporated herein by reference; and WHEREAS, Richmond Power & Light (RP &L), a municipally owned utility company owned by the City of Richmond, Indiana, has a sub - station known as the RP &L Johnson Street Sub - Station and RP &L desires to acquire title to the real estate on which the Johnson Street Sub - Station is located; and WHEREAS, the management of Richmond Power & Light, desires to taking title to the Johnston Street Sub - Station in its name, Richmond Power & Light, a municipally owned utility company owned by the City Of Richmond, Indiana; and NOW, THEREFORE, BE IT RESOLVED by the Board of Public Works and Safety of Richmond, Indiana that said Board approves the transfer of the real estate described in attached Exhibit "A" from the city of Richmond, Indiana, to Richmond Power & Light, a municipally owned utility company owned by the City of Richmond, Indiana, for the sum of One Dollar ($1.00) and other valuable consideration, the receipt of which is hereby acknowledged. THIS RESOLUTION IS ADOPTED THIS day of November, 2006. Board of Public Works and Safety of Richmond, Indiana John P. Kenny, Chairman Dian Lawson, Member Mary Jo Flood, Member