05/08/95 Board of Publlic Works Minutes

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REGULAR MEETING Parcel IV: MAY 8, 1995 Lot Numbered One Hundred Sixty-one (161) as shown on the recorded Plat of Wengers & Kreighbaum Replat of a part of M.L. Wenger's 6th Addition recorded April 1, 1903 in the Office of the Recorder of St. Joseph County, Indiana, in Plat Book 8, page 103. Key No. 18-7014-0528. Commonly known as 516 Pennsylvania Street Parcel V: Lot Numbered One Hundred Sixty (160) and a tract of land two (2) feet in width, East and West, taken off of and from the entire length of the West side of Lot Numbered One Hundred Fifty-nine (159), as shown on Wengers & Kreighbaum Replat of a part of M.L. Wenger's Sixth Addition to the City of South Bend, recorded April 1, 1903 in the Office of the Recorder of St. Joseph County, Indiana, in Plat Book 8, page 103, St. Joseph County, Indiana, excepting therefrom a tract of land described as beginning at the Southwest corner of said Lot Numbered One Hundred Sixty (160) running thence North along the West line of said Lot seventy-six (76) feet; thence East forty-two (42) feet; thence South seventy-six (76) feet to a point two (2) feet East on the Southeast corner of Lot Numbered One Hundred Sixty (160); thence West forty-two (42) feet to the place of beginning. Key No. 18-7014-052901 Parcel VI: All of Lot Numbered One Hundred Fifty-nine (159), excepting therefrom a strip of land two (2) feet in width, East and West, taken off of and from the entire length of the West side thereof; also a strip of land two (2) feet in width East and West taken off of and from the entire length of the West side of Lot Numbered One Hundred Fifty-eight (158 as shown on the recorded Wenger's & Kreighbaum Replat of as part of M.L. Wenger's Sixth Addition to the City of South Bend, recorded April 1, 1903 in the Office of the Recorder of St. Joseph County, Indiana, in Plat Book 8, page 103. Key No. 18-7014-0530 (hereinafter collectively referred to as the Real Property) and; WHEREAS, pursuant to I.C. 36-9-6-3, the Board of Public Works of the City of South Bend (the "Board") has custody of and may maintain all real property of the City of South Bend; and WHEREAS, pursuant to IC. 36-1-11-1 (b), the City of South Bend, acting by and through the Board, may exchange or transfer property with an Indiana non profit corporation organized for educational, literary, scientific, religious, or charitable purposes that is exempt from federal income taxation under Section 501 of the Internal Revenue Code ("Indiana nonprofit corporation") upon such terms and conditions as the parties agree; and WHEREAS, the South Bend Heritage Foundation, Inc. (SBHF) is an Indiana nonprofit corporation and is desirous of acquiring the Real Property from the City so that SBHF may construct housing units for lower income residents upon the Real Property; and WHEREAS, the City, through the Board, is desirous of transferring the Real Property to SBHF for a nominal sum so that the Real Property may be used for that purpose; and WHEREAS, SBHF desires to acquire the Real Property free and clear of all structures which are currently located upon Parcels II, III, IV, and V of the Real Property; and WHEREAS, the South Bend Redevelopment Commission has agreed with the City to accept financial responsibility for the removal of such structures from the Real Property. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF PUBLIC WORKS OF THE CITY OF SOUTH BEND AS FOLLOWS: