03/02/92 Board of Public Works Minutes

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REGULAR MEETING MARCH 2, 1992 WHEREAS, the City is desirous of transfering title to the Real Property to the South Bend Redevelopment Authority; and WHEREAS, the South Bend Redevelopment Authority is desirous of acquiring title to the Real Property from the City by Resolution 47 , adopted February 28, 1992, expressed its approval and acceptance of the transfer; 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; and WHEREAS, pursuant to I.C. 36-1-11-8, the City of South Bend, acting by and through the Board, may exchange or transfer property with another governmental entity upon terms and conditions agreed upon by the two (2) entities as evidenced by the adoption of substantially identical resolutions of each entity; and WHEREAS, the City, acting by and through the Board has agreed to transfer title to the Real Property to the South Bend Redevelopment Authority and the South Bend Redevelopment Authority has agreed to acquire the Real Property from the City for the sum of Ten Dollars ($10.00) and other good and valuable consideration. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF PUBLIC WORKS OF THE CITY OF SOUTH BEND AS FOLLOWS: 1. That the transfer of the following -described real property by the City of South Bend, acting by and through its Board of Public Works, to the South Bend Redevelopment Authority: Parcels No. 62-ClP and 62-AlP Commencing at the Northwest Corner of the Southeast One -Quarter (1/4) of Section Twenty (20) Township Thirty-eight (T 38 N) North Range Two (R 2 E) East, and running in a southerly direction along the North -South centerline of Section Twenty (20) a distance of four hundred twenty-seven (427) feet to the point of beginning, thence in a southerly direction along the North -South centerline of Section Twenty (20) a distance of two thousand two hundred nineteen (2219) feet, thence running in a easterly direction, along the South Line of said One -Quarter (1/4) Section a distance of thirty (30) feet, thence running in a northerly direction on a line thirty (30) feet East of and parallel to the North -South centerline of Section twenty (20) a distance of one thousand eight hundred sixty-nine (1869) feet, thence running North four degrees twenty-nine minutes fifty-three and seven -tenths seconds (N 04° 29' 53.7" E) East a distance of three hundred fifty-one and twenty-eight hundredths (351.28) feet, thence running North eighty-nine degrees fifty-two minutes twenty-three and three -tenths seconds (N 89° 52' 23.3" W) West a distance of sixty (60) feet to the point of beginning. Beginning at the intersection of the center line of Mayflower Road and a line drawn parallel to and distance 650 feet Southerly of measured on a line normal to the center line of the Indiana East-West Toll Road as shown by plat recorded in the St. Joseph County Map Records; thence Southerly along said center line to the intersection of the Northerly right of way line of Cleveland Road;